MTN in talks with US and European firms to bring AI data centers to Africa
MTN Group is building new data centers to enhance AI infrastructure in Africa. The first data center is being constructed in Nigeria at a cost of $240 million.
US tariffs could derail Africa’s telecom growth, MTN CEO warns
MTN Group's CEO Ralph Mupita warns that new US tariffs on technology imports could impact Africa's telecom sector. The company spends around $2 billion annually on network infrastructure, which may be threatened by rising equipment costs.
MTN’s $5.2B fintech spinoff moves forward, but faces regulatory delays in Nigeria
MTN Group is separating its fintech operations in Ghana, Uganda, and Nigeria, with plans to finalize by mid-2025. The fintech unit is valued at $5.2 billion as part of Mastercard's minority stake acquisition.
