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 Data Centre Firm OADC Expands South Africa Footprint Through Acquisition
18:11
-
Togo Adopts 2025-2034 Decentralization Roadmap
17:27
-
Cameroon Introduces 3% Minimum Tax On Non-Resident Digital Platforms
17:11
-
Togo Revises Tax Regime Governing West African Gas Pipeline
16:29
-
Casino Exits BAO Cash & Carry Business In Cameroon
12:11
-
Cameroon Announces Special Road Rehabilitation Programme This Year
11:54
-
Mina Shawky Streamlines Access to Healthcare With Digital Platform CliniDo
10:57
-
Ali Mokrani Streamlines E-Commerce Operations With Ayor AI
10:13
-
Zouhair Brouzi Develops Smart Building Solutions for Morocco’s Construction Sector
09:35
-
Orange Aims to Show That African Esports Talent Belongs on the Global Stage | Interview
09:09
The BCID-AES launches with 500B CFA to fund Sahel infrastructure, asserting sovereignty from the B...
NALA has secured PSP and PSO licenses from the Bank of Uganda, adding to its 2024 Money Remittance...
Silver hit a record $74.8 an ounce in late December 2025 Analysts see prices ranging from&nb...
US strikes in Sokoto test Nigeria's financial stability, causing Eurobond yields to surge and inve...
Nomba brings Apple Pay to 300k Nigerian shops. Following Paystack, this "second row" move enables ...
Togo adopts 2025-2034 decentralization roadmap to strengthen local governance Policy targets capacity building, resource transfer, citizen...
Cameroon to tax foreign online platforms from Jan. 1, 2026 Non-resident firms face 3% minimum levy or 30% corporate tax Reform targets...
WAPCo tax exemption extended; corporate rate cut to 30% Changes aim ease investment constraints, update regional gas framework Togo has...
Partnership targets financing, financial inclusion, business formalization Pilot formalized 343 firms; nationwide programme targets 5,000...
Afrochella, now known as AfroFuture, is a cultural event held annually in Ghana, mainly in Accra, around the Christmas and end-of-year period. Launched in...
Algiers is a coastal capital of around four million inhabitants, located in north-central Algeria. Its urban structure, heritage, and social practices...