SA’s MTN announces $120mln investment in South Sudan over the next three years
Tuesday, 12 October 2021 19:45
South African telecoms group MTN announced last October 8 it will invest $120 million in South Sudan over the next three years. The company wants to improve and upgrade its network in the country.
The information was revealed during a courtesy call by MTN Group Chairman Mcebisi Jonas and MTN Group CEO Ralph Mupita to the South Sudanese President Salva Kiir. The leaders discussed several issues of mutual interest related to the digital development of South Sudan.
The MTN delegation was also in Nigeria where the company plans to improve broadband access through investment in 4G and 5G, once the licenses are issued.
Currently, South Sudan has a mobile penetration rate of 23.1% compared to 8% for the internet, according to Hootsuite and We Are Social's Digital Report 2021. The country’s telecom market still has many opportunities to offer in both the voice and data segments as well as in mobile money.
Muriel Edjo
Live News
-
African Airlines Passenger Traffic Rises 11.7% in January 2026
04:46
-
Meriam Bessa Uses AI to Restructure Influencer Marketing in Morocco
04:40
-
Orange Business Partners With Dakar Port to Advance Smart Port Strategy
04:37
-
Smart Africa, MeetKai Launch Sovereign AI Infrastructure Pilot in Five African Countries
04:24
-
Telemedicine Startup Kénèya Koura Seeks to Modernize Mali’s Healthcare System
04:18
-
DR Congo Plans Stronger Environmental Oversight in Mining Sector
04:08
-
Cameroon Retail Investors Put $45.9 Million Into Government Securities
04:05
-
Nigeria Rolls Out 1% Tax on Informal Businesses Under New Fiscal Framework
04:03
-
Togo raises 22 bln CFA francs on regional debt market
17:16
-
Luxembourg, through LuxDev, to finance higher education projects in Togo
13:26
Senegal launches 200 billion CFA bond in UEMOA Proceeds to fund 2026 budget, transformation agend...
Military escalation between Iran, Israel, and the United States has raised the risk of disruptions...
Central Bank of Nigeria said 20 commercial banks have met new minimum capital requirements, with...
DRC seeks ITC support for local battery value chains Musompo SEZ targets $2 billion private ...
Algeria’s NESDA and the Algerian‑Saudi Investment Company sign cooperation deal focused on researc...
African airlines increased passenger traffic 11.7% year-on-year in January 2026, among the strongest growth rates globally. Airlines increased capacity...
The government ordered the creation of a joint expert commission to tighten environmental oversight in the mining sector. Authorities identified...
Retail investors in Cameroon invested 25.9 billion CFA francs ($45.9 million) in government securities as of Jan. 31, 2026. Retail participation...
Nigeria introduced a 1% flat tax on the turnover of informal-sector businesses under a new presumptive tax framework. Authorities exempt nano and small...
African-born artists generated $77.2 million in auction sales in 2024, down 31.9% year-on-year. Women artists accounted for about $22...
In April 2026, the Amani Festival will change venues. Forced to leave Goma for Lubumbashi due to growing insecurity, the event turns displacement into an...