MTN Ghana has warned that escalating geopolitical tensions in the Middle East, growing trade fragmentation and persistent global supply chain disruptions could undermine Ghana’s economic recovery and slow the momentum that has powered one of the telecom operator’s strongest financial performances in recent years.
The caution came despite the company reporting robust half-year earnings, underscoring how Africa’s telecom operators are increasingly vulnerable to global events even as domestic economic conditions improve.
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Speaking alongside the company’s interim results, Stephen Blewett, MTN Ghana chief executive officer said the second half of 2026 would likely be shaped less by domestic policy and more by external economic shocks.
“Looking ahead to the second half of 2026, the global operating environment remains highly uncertain. While the global economy continues to demonstrate resilience, geopolitical tensions in the Middle East, ongoing supply chain disruptions and rising trade fragmentation remain key risks to growth, inflation, energy markets and global financial conditions,” Blewett said.
