Case filed by Cameroon’s richest man casts doubt on MTN’s $200-million investment
The legal uncertainty cast by Baba Ahmadou Danpullo, who ranks as Cameroon’s richest man, threatens the group’s $200-million investment.
MTN Group
Ralph Mupita-led MTN Group to sell stake in $5.2-billion fintech unit to Mastercard
Under the leadership of Zimbabwean executive Ralph Mupita, MTN Group has solidified its position as Africa’s largest telecom services provider.
Ugandan tycoon Charles Mbire’s MTN Uganda posts more than $60-million profit in H1 2023
Holding a 3.99-percent stake in the telecom services provider, Mbire’s stake in MTN Uganda is $42 million.
Lebanese Prime Minister Najib Mikati’s stake in Africa’s largest telecom company is worth $900 million
Mikati, a three-time prime minister of Lebanon, co-founded the Beirut-based investment firm M1 Group in 2007.
Africa’s largest telecom group CEO Ralph Mupita gains $1 million from MTN stake
The surge in the market value of Mupita’s minority 0.043-percent stake in MTN Group can be attributed to renewed investor interest.
American-Nigerian mogul Sam Darwish’s IHS consults JPMorgan amid standoff with MTN
IHS Holding, founded by Sam Darwish in 2001, remains the largest telecom infrastructure group in terms of tower count in Africa
CEO of MTN, Africa’s largest telecom group, rakes in $1.1-million salary in 2022
Ralph Mupita’s annual remuneration dropped significantly to $1.13 million in 2022, compared to the $1.4 million he received in 2021.
Ugandan tycoon Charles Mbire’s MTN Uganda beats profit expectations, rakes in over $100 million
Mbire is the wealthiest investor on the Uganda Stock Exchange.
Meet Victor Odili: Nigerian shipping tycoon with $430 million stake in MTN Nigeria
Odili ranks as one of Nigeria’s richest businessmen.
Nigerian mogul Pascal Dozie’s stake in MTN Nigeria now worth $148 million
Dozie still owns a 1.6-percent stake in the telecom service provider.
Led by Ralph Mupita, MTN Group completes sale of 5,701 towers to Sam Darwish’s IHS for $415 million
IHS will now own 70 percent of its South African towers business.
Ralph Mupita-led MTN Group reports double-digit percent decline in profits
Earnings were hurt by an impairment loss of $29.8 million.
Ralph Mupita-led MTN Group agrees to sell South Africa towers to Sam Darwish’s IHS for $411.8 million
IHS Towers is a Nigeria-based telecom infrastructure firm founded by U.S. telecom tycoon Sam Darwish.
Zimbabwean senior executive Ralph Mupita earns $2-million compensation from MTN in 2020
Mupita became president and CEO in September 2020.
Phuthuma Nhleko exits MTN International Advisory Board
Nhleko served as a member of the IAB since its inception in 2019.
Safaricom, MTN Group bid for licenses in Africa’s second-most populous country, Ethiopia
The bureaucratic bidding process seems to finally be nearing an end.