MTN Ghana reports 44.4% growth in mobile money transactions as digital services expand

MTN Ghana has reported a 44. 4 per cent year-on-year increase in the value of Mobile Money transactions for the first half of 2026, alongside plans to invest US$1. 1 billion over three years to expand its network infrastructure and digital services across the country. The company disclosed this at a Regional Media and Stakeholder Engagement in the Volta Region, where management outlined its financial performance, network expansion plans and digital financial services. MTN Ghana’s General Manager for Southern Ghana, David Gyimah Boadi, said the company had earmarked approximately US$380 million for investment in 2026 as part of the three-year programme. He said the investment was intended to improve network capacity, service quality and infrastructure resilience amid growing demand for digital services.

As part of the expansion, MTN plans to deploy 500 new network sites across Ghana in 2026, with the Volta Region among the areas expected to benefit. The company is also upgrading existing rural network infrastructure to extend 4G connectivity to underserved communities. The Senior Manager for Sales in the South East, Princess Owusu Nyarko, said the expansion involved identifying communities with coverage gaps, constructing new sites and upgrading existing infrastructure to improve service delivery. She said the company was also working with technology innovators and industry partners to prepare for emerging connectivity needs. Financial performance MTN Ghana also reported growth in its financial performance for the first half of 2026. Service revenue reached GH¢15 billion, representing 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…