MTN Uganda investment plans solidify as top executives engage with national leaders, emphasizing the nation’s strategic importance in MTN’s growth agenda.
MTN Uganda investment initiatives have been reaffirmed following a high-level visit by MTN Group’s top executives.
Group Chairman Mcebisi Jonas and CEO Ralph Mupita led a delegation to Uganda, engaging with national leaders and key stakeholders to discuss the country’s role in MTN’s pan-African growth strategy.
The visit underscores MTN’s commitment to Uganda as a strategic market.
Discussions focused on strengthening partnerships with the government and aligning on shared priorities for digital and socio-economic development.
This engagement is part of MTN’s broader leadership initiative, bringing together board chairs and senior executives from its operating companies
MTN Uganda has been proactive in expanding its services and infrastructure.
In December 2024, the company secured a $100 million syndicated loan from five banks, including Standard Chartered, Citibank, and Standard Bank, to finance network expansion.
Additionally, in March 2025, MTN Group and Airtel Africa agreed to share mobile network infrastructure in Uganda and Nigeria.
This collaboration aims to reduce investment costs and expand service coverage, particularly in rural areas.
MTN Uganda’s customer base has grown significantly, reaching approximately 21 million subscribers by the end of 2024.
The company’s focus on digital and financial services has positioned it as a leader in the Ugandan telecommunications sector.
The recent visit by MTN Group’s leadership highlights the company’s dedication to Uganda’s digital transformation.
By fostering strong relationships with national leaders and investing in infrastructure, MTN Uganda aims to enhance connectivity and drive economic growth across the country
