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
-
Cameroon Faces Three Budget Masters, One Fiscal Reality
06:19
-
In Africa, High Mobile Costs and Digital Illiteracy Hold Back the Mobile Money Revolution
03:30
-
Tunisia rolls out smart grid pilot to improve power reliability
21:15
-
France Flags Payment Delays as Risk to Investment Climate in Cameroon
20:29
-
Cameroon Courts U.S. Investors Despite AGOA Exclusion
20:14
-
Cameroon Looks to Poland to Advance Transport Infrastructure Plans
20:05
-
Togo launches support program for 115 cooperatives with GIZ backing
16:45
-
Togo pushes reforms to improve microfinance loan recovery
16:27
-
Angola Pushes Digital Reform With New Public Finance Innovation Hub
15:57
-
Togo adopts five-year plan to combat illicit tobacco trade
12:50
Firms move beyond payments toward integrated SME platforms Services include invoicing, inve...
The BCEAO now allows UEMOA citizens abroad to open CFA franc accounts under the same conditions as...
Novo Nordisk cuts Wegovy prices in South Africa amid competition Move targets rival Eli Lil...
ECOWAS, Energy China discuss regional power infrastructure cooperation Talks cover $36.3...
WAEMU posts 3.31 trillion CFA francs trade surplus in Q4 Exports surge 50.4%, led by gold, ...
Government backs plan to officially recognize Daara schools Reform aims to integrate hundreds of thousands of students Authorities link move...
Rwanda hit 9.4% growth in 2025, but a 79% debt-to-GDP ratio and 15% current account deficit reveal a financing model under heavy strain. March 2026...
Indonesia plans to raise palm-based biodiesel blend to 50% in 2026 Move linked to rising oil prices and import cost pressures Policy could...
IMF flags slowing growth and rising fiscal pressures in Namibia Public finances strained by lower SACU revenues and rising debt Fund calls for...
The Bijagos Archipelago, located off the coast of Guinea-Bissau, stands as one of West Africa’s most extraordinary island systems. Made up of around forty...
RFI confirmed the end of “Couleurs Tropicales” following Claudy Siar’s departure after 31 years. The move follows a series of high-profile exits...