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
-
BNP Paribas Enters Exclusive Talks to Sell BMCI Stake to Holmarcom
16:11
-
Burkina Faso–Morocco Commission Yields Twelve Bilateral Agreements
16:08
-
Tône 1 Commune Lays Groundwork for Decade-Long Waste Management Plan
16:00
-
France, Togo Launch CFA620M Local Governance Project
15:52
-
Togo Inflation Falls to 0.5% in November, Stays Below Regional Cap
15:39
-
EBID, Colombia Sign Cooperation Agreement During Pan-African Congress
15:25
-
Côte d’Ivoire Plans Training, Internship Placements For 152,000+ Youth In 2026
14:55
-
With AI, Hassan Arslan Turns Meetings Into Verifiable Data
14:19
-
Algeria Launches Digital System to Overhaul Hospital Transfer Process
14:16
-
Mauritius to Apply 15% VAT on Foreign Digital Services From 2026
14:12
Omer-Decugis & Cie acquired 100% of Côte d’Ivoire–based Vergers du Bandama. Vergers du Band...
Eritrea faces some of the Horn of Africa’s deepest infrastructure and climate-resilience gaps, lim...
Huaxin's $100M Balaka plant localizes clinker production, saving Malawi $50M yearly in f...
Nigeria seeks Boeing-Cranfield partnership to build national aircraft MRO centre Project aims t...
Benin says a coup attempt was foiled, crediting an army that “refused to betray its oath.” ...
BNP Paribas entered exclusive preliminary talks with Holmarcom to sell its 67% stake in BMCI. Holmarcom already owns 2.41% of BMCI and acquired...
Burkina Faso and Morocco signed 12 legal instruments during the fifth session of their Joint Cooperation Commission. The agreements span key...
Côte d’Ivoire launches fourth PNSAR to boost youth employability Programme targets 152,237 youths with $47 million budget Internships,...
Kenya signed an MoU with the International Water Management Institute (IWMI) to expand and modernize irrigation systems. The 10-year National...
Cameroon’s REPACI film festival returns Dec. 11-13 with 135 short films Events include screenings, masterclasses, panels on social cinema and...
Cidade Velha, formerly known as Ribeira Grande, holds a distinctive place in the history of Cape Verde and, more broadly, in the history of the Atlantic...