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
-
Air Algérie Moves Toward Holding Company Model in Bid to Strengthen Governance
17:20
-
Access Bank Completes Acquisition of Standard Chartered’s Cameroon Operations
17:03
-
Camtel-Ethio Telecom Partnership: Real Transformation or More Window Dressing?
16:41
-
Cameroon-Flagged Ships Among 56 Sanctioned by Ukraine for Russia-Linked Trade
16:27
-
Cameroon Forgoes CFA9B+ in Taxes to Support Renewable Energy Projects in 2024-2025
16:24
-
Benin Government Says Attempted Coup Against President Talon Has Been Foiled
12:50
-
Calm in Cotonou - Benin After Coup Announcement on State Owned Television
11:18
-
Ethiopia Introduces E-Tamirt Marketplace to Modernize Industrial Transactions
19:41
-
Burkina Faso Tightens Telecom Regulations, but Affordability Concerns Persist
19:23
-
Algeria Launches 5G Services, Begins Six-Year Nationwide Rollout
19:20
Camtel to launch Blue Money in 2026, entering Cameroon’s crowded mobile money market led by MTN Mo...
Kossi Ténou succeeds Badanam Patoki as president of the AMF-UMOA. Ténou brings over 20 years of e...
BYD plans to open 35 dealerships in South Africa by Q1 2026, earlier than initially scheduled...
The government will apply a 15% tax on all payments to foreign digital platforms starting Jan. 1...
Francophone Sub-Saharan Africa hosts 860+ startups but faces deep structural weaknesses EY urges...
Air Algérie begins legal restructuring and spins off maintenance operations New ground services and training subsidiaries planned to launch January...
• Benin says a coup attempt was foiled, crediting an army that “refused to betray its oath.” • Cotonou remains calm, but residents stay cautious as...
In Cotonou, Benin’s economic capital and home to the country’s leading institutions, the situation remained calm this morning despite a tense start....
Nigeria seeks Boeing-Cranfield partnership to build national aircraft MRO centre Project aims to cut costly foreign maintenance reliance for Nigerian...
Mauritius recorded a 56% increase in UK Google searches for “Christmas in Mauritius” over the past three months. The island ranked fourth overall...
Niokolo-Koba National Park, designated both a Biosphere Reserve and a UNESCO World Heritage Site, is one of the ecological treasures of Senegal and all of...