MTN Group has thrown its weight behind a fresh wave of talks aimed at strengthening Nigeria–South Africa trade and boosting investment flows between both countries. The company participated in the Nigeria–South Africa Presidential Trade and Investment Breakfast Dialogue held in South Africa on 21 November, ahead of the G20 Summit.
The gathering brought ministers, governors, corporate leaders and investors together to explore how both economies can collaborate more closely. The meetings focused on sustainable investment, inclusive trade and stronger innovation pipelines across the region.
MTN Renewed Interest in Regional Cooperation
MTN Group President and CEO Ralph Mupita told attendees that the company sees deeper cooperation between the two countries as central to Africa’s economic ambitions. He highlighted the importance of digital and physical infrastructure in building competitive economies.
“Strengthening the economic ties between Nigeria and South Africa is essential for boosting intra-African trade, attracting quality investment and accelerating industrial development… by working together we can create an Africa that is more resilient, more competitive and better positioned to seize global opportunities.”
His comments reflect MTN Group’s broader agenda under its Ambition 2025 strategy, which aims to expand digital and financial inclusion across the continent. The company says an open business environment remains key to unlocking growth for millions.
Nigeria Reaffirms Investment Appeal
Nigeria’s Minister of Finance and Coordinating Minister of the Economy, Hon Adebayo Olawale Edun, used the platform to reassure investors that the country remains committed to reforms and long-term growth. As he stated, “Nigeria is open for business, safe for investment.”
Sanyade Okoli, Special Adviser to the President on Finance and the Economy, also outlined Nigeria’s target to grow GDP by 7% by 2027. She noted that progress depends on stronger macroeconomic management, regulatory improvements, infrastructure expansion and improved access to capital.
Her message emphasised that forums such as this dialogue help connect the policymakers and investors who can drive these changes.
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