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MTN Reaffirms Commitment to Nigeria–South Africa Economic Cooperation at High-Level Investment Dialogue

By: Wura Obadare

November 21, 2025

3 minute read

MTN supported the Nigeria–South Africa Presidential Trade and Investment Breakfast Dialogue on 21 November 2025, where government leaders and investors discussed strengthening trade, innovation, and investment ties ahead of the G20 Summit.

MTN has strengthened its stance on regional economic cooperation by supporting the Nigeria–South Africa Presidential Trade and Investment Breakfast Dialogue, hosted by the Nigerian High Commission in South Africa on 21 November 2025, ahead of the G20 Summit.

The event, themed “Driving Sustainable Investment, Innovation and Inclusive Trade,” brought together ministers, governors, leading South African business executives, and investors to explore new opportunities for expanding economic cooperation between two of Africa’s biggest markets.

Deepening Regional Partnerships for Growth

MTN highlighted the importance of strong regional alliances in driving sustainable development across Africa. Nigeria and South Africa, two key economic players on the continent, continue to play an essential role in boosting trade relationships, encouraging investment, and advancing technological innovation.

In his opening remarks, MTN Group President and CEO Ralph Mupita restated MTN’s dedication to initiatives that strengthen cross-border economic ties. He added that MTN’s participation aligns with the company’s Ambition 2025 strategy, which focuses on accelerating digital and financial inclusion across Africa.

“Our priority remains creating enabling conditions where enterprises can grow, investments can increase, and technology can deliver progress for millions,” Mupita said.

Nigeria Signals Strong Openness to Global Investment

Nigeria’s Minister of Finance and Coordinating Minister of the Economy, Hon. Adebayo Olawale Edun, addressed the delegation and affirmed that Nigeria is committed to welcoming new investments.
He emphasised that “Nigeria is open for business, safe for investment.”

Sanyade Okoli, Special Adviser to the President on Finance and the Economy, outlined Nigeria’s ambition to achieve 7% GDP growth by 2027 and broaden employment opportunities nationwide. She noted that this vision is anchored on four strategic pillars:

  • Reinforcing macroeconomic stability
  • Driving governance and regulatory reforms
  • Expanding vital infrastructure
  • Enhancing access to finance

She stressed that platforms such as the dialogue are essential for engaging investors, policymakers, and partners who can collectively advance Nigeria’s economic agenda.

Governors Showcase State-Level Investment Prospects

The investment segment featured insights from several Executive Governors of the Federal Republic of Nigeria:

  • H.E. Senator Uba Sani (Kaduna)
  • H.E. Alh. Dauda Lawal (Zamfara)
  • H.E. Engr. Abdullahi Sule (Nasarawa)
  • Senator Ademola Adeleke (Osun)
  • H.E. Caleb Mutfwang (Plateau)
  • H.E. Mohammed Umaru Bago (Niger)
  • H.E. Peter Ndubuisi Mbah (Enugu)
  • H.E. Muhammad Inuwa Yahaya (Gombe)
  • H.E. Dikko Umar Radda (Katsina)

Their presentations highlighted various state investment opportunities and reinforced Nigeria’s broader commitment to creating a stable, business-friendly environment for both local and foreign investors.

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