Comm. Decisive Dozen 2024 | Page 12

Rank 05 ( Rank in 2023 , 07 ) Ralph Mutipa – CEO of MTN Group

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Rank 05 ( Rank in 2023 , 07 ) Ralph Mutipa – CEO of MTN Group

MTN Group announced
. plans to exit
Guinea-Bissau ,
Guinea-Conakry , and
MTN Group is a 26 % shareholder in
IHS , with there being an ongoing
Liberia ,
following
the
South
African
dispute over corporate governance and
behemoth ’ s similar communication in 2020 that it intended to depart the
board representation , which is believed have fuelled MTN ’ s decision .
Middle East markets of Afghanistan , Syria , and Yemen .
Away
from
tower
operations ,
MTN
celebrated the milestone of its super
Affirmation
of
the
success
of
MTN
app , ayoba , in surpassing 30 million
Group ’ s fintech operations was seen in
monthly
active
users
by
September
Mastercard ’ s deal to acquire a minority stake in the South African operator ’ s
2023 , having launched in May 2019 .
The achievement is testament to the
fintech
business ,
valuing
the
entire
app ’ s growing popularity , particularly in
remittance and payments unit at an impressive US $ 5 billion .
focus territories such as Nigeria , Ghana , and Côte d ’ Ivoire . Moreover , ayoba has
successfully broadened its user base
The operator made ripples in Nigeria in
into new markets , such as Kenya and
2023
following
its
announcement
to
Tanzania ,
contributing
to
its
rapid
move
the
management
of
growth .
approximately 2,500 network sites to
American
Tower ,
away
from
IHS
Holding , in contracts due to expire in
2024 and 2025 .