MTN Group pledges $215m infrastructure investment to Benin
MTN Group has committed to investing US$215 million in infrastructure in Benin over the next three years, including the construction of an office for its subsidiary MTN Benin.
Africa's largest telecom carrier, with 292 million members and presence in 19 markets, says it sees tremendous prospects in Benin and wants to help in its development.
These commitments were made during an MTN Group leadership delegation visit to Cotonou, when they met with President Patrice Talon.
The President commended members of the MTN delegation for their commitment and expressed interest in future collaboration as MTN Benin, which has about eight million users, celebrates a quarter-century of existence.
MTN Group president and CEO Ralph Mupita headed the team, which also included MTN Benin chairman Amadou Raimi, senior vice president for Markets Ebenezer Asante, MTN Benin CEO Uche Ofodile, and MTN Group chief sustainability and corporate affairs officer Nompilo Morafo.
“MTN works to be a force for good in our markets, giving Africans hope, dignity and opportunity,” said Mupita. “We are grateful for the warm reception received in Benin, where we have trialled 5G services and see opportunities to progress this.”
“We are committed to the development and upskilling of the Beninese youth and have made clear our desire to partner with the government and other stakeholders in this regard,” he added.