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in Vaultz Business

MTN GlobalConnect Rebrands as Bayobab to Strengthen Its Commitment to Digitally Connecting Africa

M.Cby M.C
May 18, 2023
Reading Time: 3 mins read
mtn globalconnect rebrands bayobab african digital connectivity

MTN GlobalConnect has changed its name from MTN GlobalConnect to Bayobab as an important step in the evolution of its business and its commitment to digitally connecting Africa.

The brand reveal took place at International Telecommunications Week (ITW) Conference in Washington DC, attended by over 6000 delegates from across the digital wholesale telecoms community.

The new Identity, Bayobab, represents the company’s strategic transformation journey to connect Africa with open next-gen digital solutions through its two distinct businesses, Bayobab Fibre and Bayobab Communication Platforms.

MTN Group President and CEO Ralph Mupita noted that building the largest and most valuable platforms is part of MTN’s Ambition 2025 strategic priorities.

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“The brand change from MTN GlobalConnect to Bayobab reflects the change underway to position the business as a world class, Africa-focused open-access digital infrastructure platform serving not just MTN but other third parties as customers.

“We will also bring strategic partners into the business over time who will provide skills and capital to support and accelerate the growth of this business.”

Ralph Mupita
IMG 20220520 WA0023 1
MTN GlobalConnect Rebrands as Bayobab to Strengthen Its Commitment to Digitally Connecting Africa 3

Delivering Value through Open Next-Gen Digital Solutions

Also commenting on the rebrand, Frédéric Schepens, Bayobab Group CEO, averred that as a young entrepreneurial business delivering value through open next-gen digital solutions, “We believe Bayobab best encompasses our vision of connecting Africa and ensures we add meaningful value across the continent.”

“Our strategy has borne much fruit, as evidenced by our performance and delivery. We are well-positioned to open a significant digital doorway that bridges Africa’s digital divide to connect communities.”

Frédéric Schepens

Inspired by the Baobab tree – which many recognise as the “tree of life”, Bayobab is the enabler of the digital connectivity value chain across the African continent. The rebrand is the first step in the business transformation journey since announcing MTN Group’s Ambition 2025 strategy to structurally separate its fibre business, targeted for completion by 2024. This will enable Bayobab to unlock value within the business, attract strategic partners, and comply with local regulations across its key markets.

Looking ahead, Bayobab will continue investing in the business and its people to achieve its strategic goals. As Bayobab, we will remain committed to forging strong global partnerships that connect the unconnected, deepening internet adoption to accelerate Africa’s vision for digital transformation.

Bayobab, previously known as MTN GlobalConnect is a pan-African digital connectivity solutions company founded in 2018. As a doorway to the African continent, Bayobab leverages technology to offer reliable open next-gen digital solutions to connect Africa.

Its two business lines, Bayobab Fibre and Bayobab Communication Platforms aim to bridge the continent’s digital communications divide by working behind the scenes to ensure the highest levels of availability, reliability, and encryption to ensure our customers can communicate safely from anywhere in the world.

READ ALSO: Policy makers in Sub-Saharan Africa Embattled by Rising Inflation Amid Currency Depreciation- IMF

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Tags: BayobabBayobab Fibre and Bayobab Communication PlatformsInternational Telecommunications WeekMTN GlobalConnect
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