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
-
Guinea Seeks to Modernise Its Civil Service to Meet Labour-Market Needs
05:59
-
Yttrium: Prices Surge 3,500% for a Metal South Africa Plans to Produce
05:55
-
Maersk to Resume Suez Canal Transit in December
05:48
-
Cameroon: AGL Invests $1.8 Million in New Equipment
05:45
-
CHR Lomé-Commune Commissions New Medical Scanner
13:56
-
Access Bank, in Partnership with IFC and AGF, launches Cameroon’s First-Ever Womenpreneur Pitch-A-Ton
13:42
-
ASKY Expands Fleet With New Boeing 737 MAX
12:20
-
Togo Approves $6.65M Climate Resilience Project for Central Region
12:09
-
Togo Road Deaths Fell Between 2022 and 2024, Data Show
12:03
-
Codias Reports 16.7 kg of Gold from New Colomine Underground Mine
10:54
S&P upgrades Zambia to CCC+ as debt talks advance and copper output rebounds. About 94% of $...
Anthropic, Rwanda’s government, and ALX launched Chidi, an AI mentor built on Claude. It wi...
Government, ESCWA, and experts meet to shape national framework Plan aims to fight corruption, c...
Vodacom Tanzania launches M-Pesa Global Payments, enabling seamless international transactions thr...
(MCB) - The Mauritius Commercial Bank Limited (“MCB”) has successfully granted a strategic financing...
The government launched FUGAS, a new digital administrative and payroll system, as a strategic reform tool. The initiative forms part of a broader...
Yttrium oxide prices jumped from $6/kg to $220–320/kg after China restricted exports. South Africa prepares to enter medium-term yttrium...
Maersk will resume transit through the Suez Canal from December 2025 after a two-year diversion. The Suez Canal Authority has cut transit fees by 15%...
AGL Cameroon invested CFA1 billion ($1.8 million) in new port equipment. The company has already spent more than CFA8 billion on equipment in...
Hidden deep within the Arabuko-Sokoke Forest on Kenya’s coast near Malindi, the ancient city of Gedi stands as one of East Africa’s most intriguing...
Orange Egypt and Qatar’s Qilaa International Group have partnered to develop WTOUR, a digital platform offering trip planning, hotel bookings, local...