MTN has pledged to invest $1.6 billion to expand its operations in Nigeria after settling the latest major dispute with authorities in its most profitable market. Africa’s largest wireless carrier announced the investment after a meeting between senior executives including Chief Executive Officer Rob Shuter and Nigerian President Muhammadu Buhari on Wednesday. The two sides appeared to patch up recent differences and said they’ll work together to improve telecommunications networks in the continent’s most populous country.
SOURCE: BLOOMBERG
More Stories
The Marshall Nature Reserve Gives a Different Glimpse of the Sudanese Capital
The Journey of Moving Tanzanians Around
Correcting Kinshasa’s Commodity Crisis
Can African Leaders Rate Themselves?
First Black African to Win Grand Tour Stage
Financing Dangote’s Fertiliser Dream Tougher than Expected
This is a Moment for the Women of Kenya
US Support in Somalia Couldn’t Have Come at a Better Time
A Symbol of Sudan’s Resistance
Families of Trapped Miners in Limbo
Google Translate Announces an Addition of 10 Languages Spoken in Africa
All Four Tourists Reported Missing in the Fish River Canyon have been Accounted For