馃嚦馃嚞NigeriaWest Africa
MTN CEO Ralph Mupita advocates for stable policies to boost African investment
via Punch Nigeria9 min read
MTN Group President and Chief Executive Officer, Ralph Mupita, has urged African governments to implement stable and predictable policy and regulatory frameworks to attract investment and unlock the continent鈥檚 economic potential. Speaking at the Kgalema Motlanthe Foundation Winter Seminar, Mupita emphasized that Africa's future prosperity relies on expanding economic opportunities, strengthening regional integration, and enabling broader economic participation, rather than on migration. He highlighted the crucial role of governments in creating an environment where policies are clear and consistent, encouraging businesses to commit capital. Mupita stated that migration should be viewed as a consequence of uneven economic development, not an isolated issue, and stressed that Africa's growing population can become an economic advantage through investments in skills development, infrastructure, financial systems, markets, and strong institutions. He also noted the importance of digital infrastructure in connecting people to education, entrepreneurship, financial services, and public services. MTN, which sponsored the seminar, believes in fostering dialogue among diverse stakeholders to find solutions for the continent's development challenges.
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