MTN Ghana has reported a significant increase in mobile money transactions, with a 44.4% year-on-year growth for the first half of 2026. The company's management outlined its financial performance, network expansion plans, and digital financial services at a Regional Media and Stakeholder Engagement in the Volta Region. This growth is part of MTN's broader strategy to expand its digital services across Ghana.
As part of its expansion plans, MTN Ghana has earmarked approximately $380 million for investment in 2026, with a total of $1.1 billion planned over three years. The investment aims to improve network capacity, service quality, and infrastructure resilience amid growing demand for digital services. MTN plans to deploy 500 new network sites across Ghana in 2026, with the Volta Region among the areas expected to benefit.
MTN Ghana's financial performance for the first half of 2026 also showed growth, with service revenue reaching GH¢15 billion, representing a 32.3% increase. Earnings before interest, taxes, depreciation, and amortization rose by 47.1% to GH¢9.3 billion, while profit after tax increased by 46.8% to GH¢5.1 billion. The company's mobile money transaction volumes and revenue each grew by 23.3% during the period.
The number of active mobile money users increased by 3.1% during the first half of 2026. To address fraud risks associated with the growing use of digital financial services, MTN Ghana is strengthening security measures and customer education. The company is also working with technology innovators and industry partners to prepare for emerging connectivity needs.
MTN Ghana is providing tailored products for small and medium-sized enterprises (SMEs), including specialized voice bundles, the SME bundle, and JIMAPA, a package designed for women in business. The company is also expanding fibre broadband services and digital payment solutions for businesses, households, enterprises, and government agencies.
Beyond telecommunications, MTN Ghana has invested in education, healthcare, and digital skills development. The MTN Ghana Foundation commissioned and handed over an Accident and Emergency Centre valued at GH¢15.4 million to the Ho Teaching Hospital in March 2026. The company's Girls-in-ICT programme has trained 1,000 girls and 100 teachers in the Volta Region in basic ICT, digital skills, and work readiness.
MTN Ghana has outlined measures under its sustainability strategy, including the use of solar power at selected network sites, waste separation, recycling, and responsible water management. The company has paid GH¢5.6 billion in direct and indirect taxes and GH¢384.7 million in fees and levies during the first half of 2026. MTN Ghana, which is marking 30 years of operations in the country, will continue investing in network expansion, digital financial services, customer experience, and business solutions as part of its growth strategy.
Key points
- MTN Ghana reports 44.4% year-on-year growth in mobile money transactions for the first half of 2026.
- The company plans to invest $1.1 billion over three years to expand its network infrastructure and digital services.
- MTN Ghana's financial performance for the first half of 2026 shows growth, with service revenue reaching GH¢15 billion.
