Telco giant MTN reshaping presence in Africa with key exits
Written by Black Hot Fire Network on March 28, 2024
- MTN is divesting its stakes in Guinea-Bissau and Guinea-Conakry to Telecel.
- The telco giant will now shift more focus on rising markets Ghana, Cameroon, Nigeria, and Cote d’Ivoire.
- With the exception of Cameroon, these three markets account for a combined 18.6% of the Group’s revenue.
South African tech heavyweight MTN has unveiled a key shift in its market strategy involving the divesture of its stakes in