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“I am not African because I was born in Africa, but because Africa was born in me.”
This powerful quote from Kwame Nkrumah, the first prime minister of a post-colonial African nation, reminds us of the fundamental cultural connection of being African.
At MTN, we celebrate Africa Day as a pan-African company both born on the continent and one that is inherently African.
We are a diverse group that serves a quarter of a billion customers – from families and friends to communities and business – across this vast continent we call home. We employ 15 000 people, representing 74 different nationalities and ethnicities in 19 markets. Of the 1 730 people who joined MTN and our subsidiaries in 2025, 87% were local – they were employed in the countries from which they originate.
“Our Pan-African roots run deep, and today we are humbled and proud to acknowledge these,” says MTN Group President and CEO Ralph Mupita. “Our continent has enormous potential, and we are committed to helping unlock this through our networks and platforms.”
MTN’s purpose is leading digital solutions for Africa’s progress.
“The unity of Africans is the strongest foundation off which to secure a prosperous future for Africa’s youth, who will represent the world’s largest workforce by 2040,” he says, adding that the continent has much to gain from this demographic dividend.
MTN’s three-decade history is one of significant investment in people, technology and infrastructure. We are humbled to help create opportunities and economic value. In 2025, we generated a massive R150 billion in economic value-added across our continent, where our total tax contribution was R61.1 billion – more than the GDP of some small countries.
Our capital expenditure of R38.5 billion in 2025 reflects the sustained investment in the physical and digital assets that underpin connectivity. Investing at scale helps develop durable national infrastructure, building national digital backbones. Through the distribution of dividends to the shareholders – including pension funds – of MTN Group and our subsidiaries across our markets, we unlock value for millions.
As part of our commitment to being a good corporate citizen, we also make significant corporate social investments. In 2025, these totalled R269 million, benefiting 2.3 million people, most of them youth.
We believe in the power of technology to uplift communities, empowering the next generation of African leaders. We embed local participation across employment, ownership and procurement. This includes investing in skills development and supporting the growth of local businesses, ensuring economic value is retained and multiplied within host economies.
“Our success is irrevocably tied to the progress of the nations we serve. Together, we create jobs, develop local suppliers, build digital skills and support essential services like education, healthcare and infrastructure,” says Mupita, adding that MTN’s listings on the stock markets in Nigeria, Ghana, Uganda and Rwanda are critical levers in MTN’s localisation and value-creation journey.
“We’ve made it our goal to drive digital and financial inclusion, giving the people in the communities we serve dignity, hope and opportunity. Africa needs to chart and champion her own growth. It is up to us all to unlock Africa’s boundless potential.”
Looking ahead, Africa’s future will be defined by what we choose to build together. When Africans act with greater unity, shared purpose and collective resolve, we lay the foundation for the Africa we want: more inclusive, more resilient and more prosperous.
Ours is the youngest continent on earth, and within that youthful energy lies one of our greatest opportunities. If we invest with intent in education, skills, entrepreneurship and meaningful work, we can turn this demographic reality into a lasting dividend for generations to come.
Digital technology will be one of the great catalysts of that future. By connecting more people, expanding access to financial services, education, healthcare and markets, and giving young innovators the tools to solve African challenges with African insight, technology can help unlock progress at scale.
With sustained investment in digital infrastructure, digital skills and trusted platforms, we can help build a continent that is more connected, more competitive, and full of possibility – a confident Africa, shaping its own destiny in the digital age.
We invite you to share your voice here about what Africa means to you. You can also upload a photo to generate a personalised Africa Day image to share.

MTN will participate in MWC Barcelona 2026 from 2 to 5 March at Fira Gran Via in Barcelona, joining global industry leaders, governments and investors as the sector shapes the next phase of digital infrastructure and services. Convened by the GSMA, MWC Barcelona 2026 marks the event’s 20th edition in Barcelona and remains the sector’s most influential gathering on connectivity and the digital economy.
For the first time at MWC Barcelona, MTN will exhibit from its own stand in Hall 4, providing a dedicated space for leadership engagement on the infrastructure, policy and partnership priorities shaping Africa’s digital and AI readiness.
With the event theme, “The IQ Era,” MWC Barcelona 2026 will spotlight AI-powered connectivity, next-generation networks and the systems that make digital transformation durable, secure and scalable. For Africa, AI readiness will be determined by fundamentals that can be built, financed and governed: resilient networks and supporting infrastructure, affordable access, relevant skills, and policy and regulatory certainty that supports long-term investment. MTN’s participation reflects its continued focus on strengthening these foundations through sustained network investment, expanding digital and financial services, and supporting partnerships that extend reach and reduce barriers to inclusion.
Leading the MTN delegation, Group President and CEO Ralph Mupita, in his capacity as Deputy Chair of the GSMA, will engage in high-level discussions on the enabling role of telecommunications in AI ecosystems. His participation in leadership engagements during the week will focus on the infrastructure and enabling frameworks required for responsible AI adoption at scale, particularly in emerging markets.
MTN’s broader executive team will contribute to specialised dialogues on priorities central to Africa’s digital future, including fintech innovation, digital trust and online safety, and the partnership models needed to accelerate coverage, strengthen resilience and build confidence in digital platforms.
MTN invites partners, investors, media and stakeholders attending MWC Barcelona 2026 to connect with the team in Hall 4 to engage on how Africa’s digital future is being built, and the practical collaboration required to ensure the AI era broadens opportunity rather than widening divides.

MTN Group announced today that the board of IHS Towers has accepted an offer of US$8.50 a share in a transaction that would see MTN increasing its shareholding to 100%. The potential transaction is subject to various approvals and the delisting of IHS from the New York Stock Exchange (NYSE).
Upon the completion of IHS’s announced disposals (on 11 February and 17 February 2026) of its Latin American assets, it is intended that MTN will acquire 100% of IHS’s remaining business.
IHS is one of the world’s largest tower companies, with nearly 29 000 high-quality towers in Africa serving various mobile network operators in five key MTN markets.
The proposed transaction, which follows discussions noted on 5 February 2026, marks an important step to unlock compelling value for MTN and strengthen and reintegrate its ownership of critical digital infrastructure across Africa. For IHS shareholders, it provides them with an attractive opportunity to crystallise value.
The funding for the proposed transaction of the remaining shares MTN does not already own, for a consideration of some US$2.2 billion, will be through cash of approximately US$1.1 billion on IHS’s balance sheet, along with available liquidity and debt from MTN.
MTN has approximately 24.7% shareholding in IHS. As part of the transaction, it intends to take the company private through the acquisition of all outstanding shares it does not own, pursuant to a cash merger.
By reintegrating the tower assets, MTN will be able to internalise the margin currently paid to IHS, benefit from current and future incremental third-party revenues, improve cost predictability and unlock significant long-term value embedded in its existing investment.
“This proposed transaction is a pivotal step in further strengthening MTN Group’s strategic and financial position for a future where digital infrastructure will become ever more essential to Africa’s growth and development,” saidMTN Group President and CEO Ralph Mupita. “This transaction gives us a unique opportunity to buy back our towers and strengthen our ability to be partners for progress to the nation states in which we operate.”
“For IHS customers and partners across the continent, we commit to continuing high standards of service and the right governance of what is the largest standalone and integrated tower company in Africa, enabled by the excellent people within IHS.”
Through this transaction, shareholders of IHS will receive US$8.50 per share. This translates to an 9.7% premium to the 30-day volume-weighted average price as at 4 February 2026 (the last day of trading before the release of MTN’s cautionary announcement) on the NYSE, enabling them to unlock the value of their investment.
Long-term IHS shareholder Wendel has provided a letter of support to vote in favour of the transaction and will receive full liquidity on its shares upon closing. With support from Wendel (and certain affiliates) and MTN being able to vote at a general meeting, ~40% has already been secured of a minimum two-thirds approval of voting shareholders.
IHS Chairman and CEO Sam Dawish commented: “The proposed transaction deepens our long-standing partnership with MTN as it combines Africa’s largest mobile network operator with one of its largest digital infrastructure platforms and underscores the strong connection between IHS Towers and the African continent.”
In structuring this transaction, MTN remains focused on disciplined capital allocation inclusive of shareholder remuneration going forward. No new equity issuance will be required at the MTN Group level and the funding plan allows for a short-term increase in leverage. The transaction is forecast to be accretive to net income and cash flow.
The proposed transaction is subject to IHS shareholder approval, regulatory approvals in the relevant markets and customary closing conditions.
Link to SENS

MTN Group is pleased to announce the appointment of David Behr as Group Chief Enterprise Business Officer, reporting to the MTN Group Chief Commercial Officer, effective 1 July 2025. In this role, David will lead the Group’s integrated Enterprise Business function, following the recent consolidation of Converged Solutions and the Group Enterprise Business Unit into a single, streamlined structure.
This development follows strategic work initiated earlier this year to streamline MTN’s commercial operations. The integration forms part of the Group’s broader ambition to drive Commercial Excellence by improving alignment across Go-To-Market channels and strengthening synergies across functions. It positions MTN to more effectively deliver comprehensive, end-to-end enterprise solutions, while expanding its capabilities as a systems integrator and provider of managed services.
Commenting on the appointment, Selorm Adadevoh, MTN Group Chief Commercial Officer, said: “We are excited to welcome David to this new role as we continue to transform our enterprise business for the future. With his experience and leadership, we are confident that MTN will be better positioned to deliver integrated, next-generation solutions that enable Africa’s progress.”
As Group Chief Enterprise Business Officer, David will oversee the growth and execution of MTN’s enterprise strategy, including voice and data services and next-generation solutions such as Internet of Things (IoT), Cyber Security, Unified Communications, and Cloud.
David brings over two decades of leadership experience in telecommunications and technology, having held senior roles across multiple geographies. Prior to this appointment, he served as CEO of MTN Converged Solutions, where he led portfolio transformation across key markets. His career also includes leadership roles as CEO of Liquid C2 and Cloudmania, as well as Group Chief Product Officer and Group Chief Digital Officer of Liquid Telecommunications.
He holds a Master of Business Administration (MBA) from Harvard Business School and a Master of Engineering from the University of Bristol.
This appointment reflects MTN’s ongoing commitment to fostering Africa’s progress through technology, innovation, and inclusive growth.

MTN Group is pleased to announce the 2025 edition of 21 Days of Y’ello Care, our highly anticipated flagship employee volunteerism campaign, taking place from 1-21 June 2025.
Now in its 18th year, Y’ello Care continues to demonstrate the power of employee-led action to drive meaningful change across the communities we serve. Since its inception, the campaign has mobilised thousands of MTN employees to support impactful initiatives focused on education, health, youth development, and economic empowerment.
Each year, the campaign evolves to reflect the most pressing needs of society, while remaining grounded in our commitment to enable the benefits of a modern connected life for everyone. Over the past 6 years, we have reached the lives of 107,034 people across our communities through the impact of 14,376 MTN volunteers completing 56,306 cumulative hours of community engagement.
This year’s theme, “Connecting at the Roots – Connecting communities through the use of digital tools,” responds to the ongoing challenge of digital exclusion, particularly in rural, remote, and underserved areas. Across many parts of Africa, limited connectivity continues to constrain access to education, healthcare, financial services, and economic opportunity. Women, youth, persons with disabilities, and displaced populations are disproportionately affected.
Y’ello Care 2025 will see MTNers across our markets implement practical, community-led initiatives that leverage technology to unlock connectivity to bridge these gaps.
“Y’ello Care reflects our belief that real progress begins at the grassroots level. In 2025, we are focusing our efforts on the communities that remain on the margins of digital access and connectivity. By applying technology in ways that are practical, inclusive, and sustainable, we are working to ensure that no one is left behind,” said Nompilo Morafo, MTN Group Chief Sustainability and Corporate Affairs Officer. “Our people remain the driving force behind this campaign, and their continued commitment to serving with purpose is what makes Y’ello Care a true embodiment of MTN’s values.”
In line with MTN’s values, the campaign prioritises meaningful partnerships, responsible delivery, and inclusive engagement. Through trusted collaborations with community stakeholders, we aim to develop practical solutions that are responsive to local contexts, respectful of community aspirations, and inclusive of those most often excluded from digital progress.
Through Y’ello Care, MTN reaffirms its belief in the transformative power of technology and in the ability of our people to be agents of positive change. We look forward to working together with communities and partners to deliver meaningful, sustainable impact where it is needed most.

MTN Group has been inducted into the inaugural Brand Africa Hall of Fame “in recognition of its transformational impact on African consumers and its role in shaping a positive African narrative”. MTN was also recognised as the #1 Most Admired African Brand Contributing to a Better Africa; the #1 Most Admired African Brand (spontaneous recall); the #1 Most Admired Brand Doing Good for Society and the Environment; and #1 Most Admired Telecommunications Brand.
The Hall of Fame honour, introduced this year by Brand Africa, acknowledges brands that have demonstrated sustained excellence and influence on the continent over the past decade. MTN’s induction reflects its ongoing commitment to enabling digital access, expanding financial inclusion, and contributing meaningfully to Africa’s development.
The announcement was made alongside the release of the 2025 edition of the Brand Africa 100 rankings – an annual, independently conducted survey spanning more than 30 African countries and representing more than 85% of the continent’s population and GDP.
“It is an honour to be inducted into the Brand Africa Hall of Fame and to be named the most admired African brand contributing to a better Africa, the most admired African brand by spontaneous recall, as well as the brand most admired for doing good for society and the environment,” said Ralph Mupita, MTN Group President and CEO.
“That this recognition comes during Africa Month gives it added significance. It reflects the progress we continue to make as a continent and the role trusted brands must play in advancing inclusive, digitally enabled growth. We are grateful for the confidence placed in MTN by the people we serve and remain committed to delivering meaningful impact.”
Mupita also acknowledged the collective effort behind the brand’s success, thanking MTNers, partners, and other stakeholders across the continent for their role in making this recognition possible.
MTN operates mobile networks in 16 countries. Since 2021, the company has been guided by its Ambition 2025 strategic intent of Leading digital solutions for Africa’s progress. This underscores MTN’s commitment to driving digital and financial inclusion and fostering innovation across the continent.
Further validating its brand leadership, MTN was recently ranked once again as South Africa’s most valuable brand. The accolade was made in the 2025 Brand Finance Top 100 Report, which accorded MTN a brand valuation of R50.7 billion. MTN has held this position every year since the survey’s inception in 2012.
Brand Africa Recognition

The 7th edition of the Benin Investment Forum (BIF) will take place from 8 to 9 May 2025 at the Sofitel Hotel in Cotonou, bringing together leaders from government, business, and civil society to foster economic cooperation, attract foreign direct investment, and promote inclusive development. Organised by the Government of Benin through the Investment and Export Promotion Agency (APIEX) and the Benin Chamber of Commerce and Industry, the Forum comes at a crucial moment in Benin’s development, underpinned by structural reforms and macroeconomic stability.
MTN Group proudly joins the Forum as the Platinum and Headline Sponsor. This strategic partnership follows MTN Group President and CEO, Ralph Mupita’s market visit to Benin in January 2024, where the company reaffirmed its longstanding commitment to the country’s development as a trusted partner. MTN’s participation at BIF 2025 will be led by Senior Vice President Markets Ebenezer Asante, who will deliver a keynote address at the Opening Ceremony on the topic “MTN: Partner in Africa’s Development.” He will be joined by MTN Benin CEO Uche Ofodile and MTN Group Chief Sustainability and Corporate Affairs Officer Nompilo Morafo, both of whom will participate in high-level discussions on finance, the future of technology, and women’s leadership in business.
MTN will also take the lead in hosting the exclusive MTN Investment Night, a high-level networking engagement aimed at facilitating meaningful dialogue among investors, policymakers, and senior business leaders. As part of its broader contribution to the Forum, MTN will collaborate with the Benin Ministry of Trade and Commerce to evaluate start-up pitches, spotlighting innovative solutions from emerging entrepreneurs. Additionally, the Group will deliver an inspirational leadership masterclass, curated to inspire and equip the next generation of African business leaders with insights drawn from MTN’s journey of growth and transformation across the continent.
Having operated in Benin for more than 25 years, MTN has made significant contributions to the country’s digital infrastructure, financial inclusion, and social development. The Group has committed over $215 million in new investments through 2026, including the rollout of 5G services, expansion of fibre connectivity, and the construction of a new MTN Benin headquarters. MTN’s impact also extends into health, education, and entrepreneurship through the work of the MTN Foundation, reinforcing its belief that digital access is key to unlocking national and regional progress.”
Commenting on MTN’s commitment to the Benin Investment Forum and the country, Ebenezer Asante, MTN Group Senior Vice President, Markets stated: “Our presence at the Benin Investment Forum reflects more than sponsorship, it’s a reflection of our unwavering belief in Benin’s potential and our shared journey toward inclusive digital transformation. Through strategic partnerships rooted in national development goals, MTN is proud to be a catalyst for progress, investment, and innovation in Benin and across the continent.”
MTN’s participation in the Benin Investment Forum 2025 exemplifies the company’s belief that inclusive, resilient growth must be rooted in strategic collaboration between the public and private sectors. As a partner of choice to African governments, MTN continues to play a leading role in building the infrastructure, capabilities, and ecosystems required for nations to thrive in a digital world. Through its involvement in BIF 2025, MTN reaffirms its commitment to Benin’s development journey and to advancing Africa’s digital and economic integration.

A pioneer in transformation in South Africa, MTN Group and major subsidiary MTN South Africa (MTN SA) each maintained a Level 1 Broad-Based Black Economic Empowerment (B-BBEE) contributor status in 2024.
MTN’s annual B-BBEE compliance report, compiled by an independent verification agency, underscored our efforts to drive inclusive growth and empowerment through deliberate and targeted interventions in the year.
“Our commitment to transformation and focused execution has yielded measurable successes across several elements of the B-BBEE scorecard, including notable improvements in management control, skills development and preferential procurement,” said MTN Group President and CEO Ralph Mupita.
“As a result of our recruitment and talent management strategies, we increased Black representation in management across all levels and enhanced female representation on the Board of Directors. This is part of our goal of achieving gender equity by 2030,” he added.
MTN SA CEO Charles Molapisi was pleased with the results: “At MTN South Africa, we see our Level 1 B-BBEE achievement not just as a milestone, but as a reaffirmation of our purpose to lead with impact. Transformation is deeply embedded in our DNA, it guides how we invest, how we empower, and how we connect South Africans to real opportunities. We are proud to be part of building a future where inclusive growth drives true progress, for all.”
Despite a challenging macroeconomic environment in 2024, MTN remained committed to creating an equitable environment for previously disadvantaged individuals through our skills development programmes. We invested in building STEM capabilities to help future-proof our graduates and employees, equipping them with the tools required for the digital economy. This was achieved through structured learning, on-the-job training and mentorship.
As a significant player in the sector, we recognise our responsibility to foster inclusive and sustainable economic growth, not just as a corporate entity, but as a catalyst for positive change. Small and medium-sized enterprises (SMEs) play a key role in driving economic.

MTN Group announces the release of our annual reports for 2024. Produced under the theme of ‘Accelerating Africa’s digital future’, the suite of reports provides a thorough overview of our robust underlying performance, strategic delivery and contribution to society, as well as our priorities ahead.
“Committed to operating responsibly and ethically, in 2024 MTN remained focused on executing on our strategic intent of leading digital solutions for Africa’s progress, despite the global uncertainties,” said MTN Group President and CEO Ralph Mupita.
“We couldn’t have done this without the support of our many diverse stakeholders. We invite you to read our reports, which strive to provide meaningful information tailored for various specific audiences.”
The 2024 Integrated Report tells the overall MTN value-creation story, detailing our strategic achievements and initiatives, including our operational highlights, financial performance and progress on ESG. It explains how MTN leverages our brand, broad presence and skills as well as leading connectivity business, fintech offerings and digital infrastructure to expand digital and financial inclusion across Africa. This is done while mitigating risks and making the most of opportunities in our 16 markets.
This information, which reflects integrated thinking at the Group, endeavours to assist our investors and other stakeholders to understand the Group’s overall health and future focus. It is published alongside sustainability and financial reports as well as other important information for our shareholders.
ESG remains at the core of our strategy and is aligned with our work to advance the United Nations Sustainable Development Goals through our business activities and our support of governments, communities and customers. Our Sustainability Report provides a view of the Group around sustainability-related risks and opportunities that could reasonably be expected to affect MTN’s prospects.
As stewards of the digital age, we believe that safeguarding human rights is at the core of connectivity. In a year of numerous elections across the world, our Transparency Report outlines how MTN reinforced digital rights in 2024 by ensuring secure, uninterrupted connectivity to support free and fair democratic processes.
It also spells out how the rapid expansion of AI presents new ethical risks, prompting MTN to develop a Responsible AI Policy to uphold digital rights and data privacy.
In 2024, Africa faced intensifying climate risks, making sustainability and resilience essential to MTN’s strategy, regardless of changes in countries’ and companies’ adherence to climate policies. Our Climate Report highlights how we are actively addressing both mitigation and adaptation while leveraging emerging opportunities. In the year, we surpassed our emissions reduction target, cutting emissions by more than 46% off a 2021 baseline.
Our Tax Report underscores the role we play in supporting the socioeconomic development of our host nations. In 2024, MTN’s total tax contribution was R52.7 billion, made up of corporate taxes, indirect taxes, withholding taxes, payroll taxes, operating licence fees and other payments to government authorities.
The suite of annual reports also includes a Notice of Annual General Meeting, which invites our shareholders to participate in our virtual meeting on Thursday 29 May 2025. Our Remuneration Report provides transparent disclosure of the remuneration of our leadership based on performance against strategic priorities.
Our ESG Data Booklet is a handy resource for those interested in detailed disclosures relating to MTN’s planet, people, ethics and governance matters. As well as relevant statistics, it highlights our policy and position statements on various ESG issues as well as a comprehensive GRI disclosure index.
“Our prospects and investment case are underpinned by the structural demand we see in data and fintech,” said Mupita. “As a business, we remain resolute in our commitment to accelerating Africa’s digital future and will maintain the focus on operational excellence and strategic execution to capture the exciting growth opportunities in our footprint. We thank our stakeholders for their ongoing support.”
Click HERE to view the reports

GSMA Board names new Deputy Chair to serve until end of 2026
The GSMA Board of Directors has elected Ralph Mupita as Deputy Chair for the remainder of the Board term, until the end of 2026. In this role, he will support the Chair and Board in overseeing the strategic direction of the organisation, which represents the world’s mobile operators and companies in the broader mobile ecosystem.
“This appointment is a great honour as it comes at a time of rapid developments in technology and increasing digital adoption across Africa. Mobile technology will play a critical part in addressing the pressing challenges facing our communities and unlocking the full potential of Africa and the rest of the Global South, ensuring that no one is left behind in this journey toward a more connected future,” Mr Mupita said.
“I am committed to supporting the strategic direction of the GSMA, which plays a pivotal role in representing the global mobile ecosystem. Together, we will continue to drive innovation and positive change in the industry,” he added.
Vivek Badrinath, Director General of the GSMA, commented: “My warmest congratulations to Mr Mupita on being elected as the Deputy Chair of the GSMA Board. His experience will be invaluable as we continue to navigate the dynamic landscape of our industry. I look forward to working closely with him and the Board.”
Mr Mupita is the Group President and CEO of MTN Group, a position he has held since September 2020, after previously serving as MTN Group’s Chief Financial Officer from April 2017. Since joining MTN, he has helped strengthen the Group’s financial position and strategy formulation and overseen the successful listing of MTN subsidiaries in Ghana, Nigeria, Rwanda and Uganda.
Prior to joining MTN, Mr Mupita was CEO for Old Mutual Emerging Markets, providing financial service solutions to individuals and corporates across 19 countries in Africa, Latin America and Asia. He holds a BSc. Engineering (Hons) and MBA from the University of Cape Town and has completed the General Management Program at Harvard Business School.
Read accompanying release here.



