MTN Ghana mobile money transactions grow 44.4%
The company plans to invest US$1.1 billion over three years to expand network infrastructure and digital services.
MTN Ghana reported a 44.4 per cent year-on-year increase in the value of Mobile Money transactions for the first half of 2026. The company plans to invest US$1.1 billion over three years to expand its network infrastructure and digital services across Ghana.
The company disclosed this at a Regional Media and Stakeholder Engagement in the Volta Region. General Manager for Southern Ghana, David Gyimah Boadi, stated that approximately US$380 million is earmarked for investment in 2026 to improve network capacity and service quality. MTN plans to deploy 500 new network sites in 2026, with the Volta Region set to benefit.
Service revenue reached GH¢15 billion, a 32.3 per cent increase, while earnings before interest, taxes, depreciation and amortisation rose by 47.1 per cent to GH¢9.3 billion. Profit after tax increased by 46.8 per cent to GH¢5.1 billion. Mobile Money transaction volumes and revenue each grew by 23.3 per cent, with active users up 3.1 per cent.
Why it mattersMTN Ghana's expansion plans and financial performance will impact businesses and consumers through improved digital services and network infrastructure.