MTN pledges US$1 billion-plus to support Digital Ghana Agenda
To support the Digital Ghana Agenda, MTN Ghana has pledged to donate US $1 billion-plus on network infrastructure and information systems (NIIS) over the next five years. This they hope, puts Ghana at the top of Africa’s digital transformation.
The pledge was made by Mr. Selorm Adadeyoh, MTN Ghana’s CEO, during the company’s 25th-anniversary dinner. The dinner saw in attendance various stakeholders from the government, regulators, distributors, the media, and their business partners.
To help maintain the country’s leadership role in the continent’s digital transformation journey as designed by the Africa Continent Free Trade Area (AfCFTA) principles, MTN Ghana plans to partner with the government to build West Africa’s first innovation city by supplying a modernized ICT hub.
“We recognize that the establishment of the AfCFTA is an acknowledgment of the role of digitization in the development of Africa, and that is why it has become even more important to achieve the Digital Ghana Agendum,” Mr. Selorm said.
He further said due to adjustments the country has made due to COVID, it has resulted in data deficit from high demand in data from lo supply output. And in order for Ghana to continue to lead in AfCFTA, the country has to find ways and means of bridging the gap.
“Our vision as a country to become a digital economy require heavy and consistent investment into technology and innovation in the next few years and it is on this score that MTN is committing to spend over US$1 billion in NIIS over the next five years, beginning this year to bridge that digital gap and ensure the achievement of the digital economy,” he said.
Expanding on the ICT Hub promise, he said the hub will enable to government to provide ICT training to thousands of young people in the country and beyond, promote SME digital innovation and create new ideas and will also be a reason for many more technology giants, beyond Twitter, into Ghana and that will present even bigger opportunities to Ghanaians.
Mr. Selorm further touched on some achievements of MTN over the past two and a half decades till now. He said MTN employs 2,500 Ghanaians, serves over 25 million customers, and provides many innovative solutions to corporates and SMEs.
He said MTN has also enabled over 30% of Ghanaians to be digitally inclusive and financially cushioned, as they have created over 500,000 indirect jobs and also contribute six percent of the government’s tax revenue every year, making it the highest taxpayer to the Ghanaian economy.
“In a bid to live by the tagline “everywhere you go”, we have democratized trading on the stock exchange through our IPO that has brought over 127,000 Ghanaians from all over the country into the capital market for the first time in the history of the Ghana Stock Exchange,” the CEO said.
Mr. Selorm said MTN supports the communities within which they operate, and has delivered 158 projects in health, education, and economic empowerment, impacting over four million Ghanaians to date.
In light of their anniversary celebration, the company introduced a loyalty rewards promo for both customers and staff. Customers get to walk away with several prizes including 25 Hyundai Sonatas, while workers also get their share, including a Hyundai SUV and the longest service staff of MTN, Cynthia Adokwei who has been with the company from day one.
In the coming year and as part of its social responsibility, the MTN Ghana Foundation has approved for GHS9 million to be donated for the construction of 160-bed high-tech maternity and neonatal center for the Keta Municipal Hospital in Volta Region.
“This will be the first of its kind in the Volta Region,” he said.
According to him, the Foundation has also approved an amount of GHS 1.2 million for the building of a STEM robotic lab at Mamphe Girls High School. This they say is to show MTN’s commitment to ICT training in the youth.
“Mamphe Girls participated in the national and international robotics competition and won several laurels in the process so for their sterling performance we are supporting them in this way,” he said.
Selorm Adadevoh urged all industry stakeholders to join hands with MTN to cross many more milestones over the next 25 years for the benefit of the country.