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Antoinette Kwofie, the Chief Financial Officer of MTN Ghana, has advocated for the uniformity of rules throughout the continent in order to attract funds for investments in the continent’s infrastructure.
As a panelist at the 2025 Africa Prosperity Dialogues (APD) on the subject of “Filling the Funding Gap for Infrastructure,” Antoinette Kwofie emphasized the significance of African countries working together to achieve sustainable growth.
“As Africans, we need to start thinking as one unit. Success can be achieved by playing as a team. So, we need to start thinking about how we can collaborate across the different countries we have on the continent and operate seamlessly as one unit, bring our ideas and funds together and fund projects across the continent,” she stated.
She further emphasized the need to move away from fragmented economic strategies and instead work towards a common goal, leveraging the African Continental Free Trade Area (AfCFTA) to drive investment and trade.
“We need to stop thinking as 54 different countries. We need to operationalize AfCFTA, we need to harmonize regulations, we need to remove trade barriers, we need to create an incentive for Africa to invest in Africa,” she added.
Madam Kwofie also highlighted the crucial role of human capital in Africa’s transformation, stressing the need for investment in skills that will propel technological advancement on the continent.
“Human capital is one of the things we need to get absolutely right if we want to achieve transformation on the continent. Investing in human capital, not just for the technical skills but for the technological skills amongst others,” she noted.
She pointed out that Africa has immense talent yet continues to rely on external technological solutions. According to her, it is time to harness local expertise to develop solutions tailored to the continent’s needs.
“We tend to buy technology from the West when we have so much talent on the continent. MTN has a group of software developers, and they are all Africans developing technology for Africa’s future. It is possible.”
MTN Ghana remains committed to supporting initiatives that foster economic growth, digital transformation, and infrastructure development in Africa. Leading telecom provider MTN is committed to supporting investments and digital innovation that make Africa more connected and affluent.
In defining its industrialization priorities, the Africa Prosperity Network organizes the Africa Prosperity Dialogue, which aims to achieve greater economic cooperation among African states. The policies that will guarantee the Africa Continental Free Trade Area’s (AfCFTA) successful implementation were one of the subjects discussed.
Among other important stakeholders and partners, the event brought together a number of government and business leaders, including Marie-Laure Akin-Olugbade, Senior Vice President, AfDB, Stephen Blewett, CEO of MTN Ghana, Gwen Mwaba, Managing Director, Afreximbank, Dr. Nkosazana Dlamini Zuma, Chairperson, APN Advisory Counsel, and Vice President of the Republic of Ghana, Naana Jane Opoku-Agyemang.
Source: Ghanatodayonline.com
