Bitget App
Trade smarter
Buy cryptoMarketsTradeFuturesEarnSquareMore
MTN Unites English-speaking and French-speaking Africa through a Shift in Leadership Strategy

MTN Unites English-speaking and French-speaking Africa through a Shift in Leadership Strategy

Bitget-RWA2025/09/26 10:02
By:Coin World

- MTN Group appoints Karl Toriola as Francophone Africa VP while retaining his role as MTN Nigeria CEO, effective November 1, 2025. - The dual mandate aims to leverage Toriola's regional expertise to expand MTN's connectivity, fintech, and digital infrastructure in Francophone markets. - Leadership reshuffle includes Ferdi Moolman leading MTN South Africa and Charles Molapisi overseeing AI adoption, aligning with MTN's extended Ambition 2025 strategy. - Toriola's appointment reflects MTN's focus on unifyin

MTN Unites English-speaking and French-speaking Africa through a Shift in Leadership Strategy image 0

MTN Group has reorganized its executive team to boost strategic growth throughout Africa, naming Karl Toriola, the current CEO of MTN Nigeria, as Vice President for Francophone Africa starting November 1, 2025. Toriola will continue to lead MTN Nigeria—the group’s largest and most profitable unit—while also managing operations in Cameroon, Côte d’Ivoire, Benin, and Congo Brazzaville. This dual responsibility highlights MTN’s intent to use Toriola’s deep regional expertise to expand in Francophone markets, with a focus on enhancing connectivity, fintech, and digital infrastructure.

Toriola’s new role is part of a wider executive reshuffle aimed at making operations more efficient under three main pillars. Ralph Mupita, President and CEO of MTN Group, stated that these adjustments are intended to “accelerate the delivery of our strategy beyond 2025 and create more value for our stakeholders in the medium term.” With nearly 20 years at MTN, including senior positions in Congo Brazzaville, Cameroon, and West and Central Africa, Toriola is well-positioned to replicate the achievements of MTN Nigeria in Francophone territories.

Under Toriola’s leadership, MTN Nigeria reached a significant milestone by becoming the first African telecom company to surpass a N10 trillion market capitalization. The Nigerian subsidiary generates over a third of MTN Group’s total revenue and often pilots innovations that are later rolled out across Africa. Industry experts point out that Toriola’s combined roles support MTN’s plan to strengthen its leadership in rapidly growing markets, drawing on Nigeria’s experience with aggressive broadband rollout, fintech development, and infrastructure investment.

The restructuring also brings several other major appointments within MTN. Ferdi Moolman, a former CEO of MTN Nigeria, will now head MTN South Africa, while Charles Molapisi returns as Group Chief Technology and Information Officer, tasked with accelerating the adoption of AI. Group CFO Tsholofelo Molefe will be responsible for mergers and acquisitions, and Ebenezer Asante will oversee operations in Ghana, Uganda, Rwanda, and other East African countries. These changes highlight MTN’s dedication to unified leadership and more effective capital deployment.

This leadership overhaul comes at a time of increasing competition and regulatory challenges in Africa’s telecom sector. Toriola’s expanded duties are expected to help tackle issues like high infrastructure costs and gaps in digital access in Francophone Africa. MTN’s Ambition 2025 strategy, now extended beyond its original timeframe, continues to prioritize connectivity, fintech, and digital infrastructure, with Toriola’s dual role serving as a key move to drive growth across both Anglophone and Francophone regions.

0

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

PoolX: Earn new token airdrops
Lock your assets and earn 10%+ APR
Lock now!

You may also like

Dogecoin News Today: Dogecoin ETF Breakthrough: Transitioning from Internet Meme to a Mainstream Investment Option

- Bitwise's DOGE ETF (BWOW) launches Nov 26, 2025, offering regulated DOGE exposure with 0.34% fee. - Dogecoin ranks 9th at $22B market cap, with $1B+ daily volume, driven by institutional adoption and SEC approval shifts. - ETF structure holds actual DOGE, aligning with Bitwise CEO's vision to democratize crypto access through transparency. - Grayscale's Zcash ETF filing and Mutuum Finance's $19M presale highlight growing altcoin institutional interest. - DOGE trades at $0.1503, consolidating in $0.13–$0.

Bitget-RWA2025/11/30 15:32
Dogecoin News Today: Dogecoin ETF Breakthrough: Transitioning from Internet Meme to a Mainstream Investment Option

Regulation and Innovation: SEC Examines Nasdaq’s Proposal for Tokenized Stocks

- Nasdaq seeks SEC approval for tokenized stock trading framework, aiming to modernize settlement while aligning with existing regulations. - The proposal shares CUSIPs and rights between tokenized/traditional shares but faces criticism over potential market fragmentation and investor protection risks. - SEC's cautious approach and December 4 panel will determine if tokenized equities gain regulatory traction or remain niche experiments. - Industry divides persist: Nasdaq prioritizes incremental adoption w

Bitget-RWA2025/11/30 15:32
Regulation and Innovation: SEC Examines Nasdaq’s Proposal for Tokenized Stocks

XRP News Today: Investors Divided: XRP's $5 Buzz Compared to Ozak AI's 7,000% Growth Promise

- XRP gains traction as analysts predict $5 price targets via ETF-driven inflows, citing historical Bitcoin multipliers. - Ozak AI emerges as AI-focused crypto alternative, raising $4.54M in presale with 7,000% return potential via decentralized AI infrastructure. - Market splits between XRP's institutional appeal and Ozak AI's utility-driven innovation, highlighting crypto's shifting risk-reward dynamics. - Analysts note XRP's capped growth vs. Ozak AI's 50X-100X potential, emphasizing real-world AI appli

Bitget-RWA2025/11/30 15:16

Between Breakthroughs and Turmoil: The Struggle for Safety and Longevity in Cryptocurrency

- Crypto sector faces structural challenges balancing innovation with security and sustainability amid rising threats and regulatory uncertainty. - Mutuum Finance advances dual-lending architecture and mtToken mechanics under Halborn audit to build defensible DeFi models. - Upbit's $36M hack and Tether's Uruguay exit highlight systemic vulnerabilities from cyberattacks and energy cost volatility. - Industry shifts toward sustainable yield models with automated collateral rules and revenue redistribution to

Bitget-RWA2025/11/30 15:16
Between Breakthroughs and Turmoil: The Struggle for Safety and Longevity in Cryptocurrency