MTN Ghana delivers strong H1 2026 performance driven by data, digital and fintech growth

Scancom PLC, also known as MTN Ghana, announced impressive first-half 2026 results driven by strong data, digital and fintech growth. Revenue reached GHS15.0 billion, a 32.3% increase from the previous year, while EBITDA grew by 47.1% to GHS9.3 billion, with a higher margin of 61.8%. Profit after tax climbed 46.1% to GHS5.1 billion, and earnings per share rose to GHS0.388.

CEO Stephen Blewett attributed the success to disciplined execution and operational efficiency, as well as continued investment in network, digital platforms and financial services. Data services were a major growth driver, with data revenue increasing 37.2% year-on-year due to rising smartphone adoption, digital services demand, and a growing customer base.

MTN Ghana's digital services business saw an astounding 98.0% year-on-year revenue boost, fueled by the popularity of gaming, video and digital content. The fintech segment maintained its strong growth, with Mobile Money revenue climbing 23.3% as digital financial services adoption surged. Significant milestones included the successful separation of the Mobile Money business, which will enhance operational focus and agility in the fintech sector.

MTN Ghana also made strides in community investment, launching the SME Accelerate Programme, expanding the MTN Bright Scholarship Scheme, and building a new Accident and Emergency Centre at the Ho Teaching Hospital. The company declared a quarterly interim dividend of GHS0.12 per share, a 50% increase from the previous year. Looking ahead, MTN Ghana remains optimistic about its medium-term prospects and its 2030 Ambition strategy, which emphasizes superior customer experience, expanded connectivity, accelerated fintech growth, strengthened digital infrastructure, AI integration, and shared value creation for stakeholders.