• About
  • Advertise
  • Privacy Policy
  • Contact
Saturday, October 18, 2025
  • Login
The Vaultz News
  • Top Stories
  • News
    • General News
    • Education
    • Health
    • Opinions
  • Economics
    • Economy
    • Finance
      • Banking
      • Insurance
      • Pension
    • Securities/Markets
  • Business
    • Agribusiness
    • Vaultz Business
    • Extractives/Energy
    • Real Estate
  • World
    • Africa
    • America
    • Europe
    • UK
    • USA
    • Asia
    • Around the Globe
  • Innovation
    • Technology
    • Wheels
  • Entertainment
  • 20MOBPL2DNew
  • Jobs & Scholarships
    • Job Vacancies
    • Scholarships
No Result
View All Result
The Vaultz News
  • Top Stories
  • News
    • General News
    • Education
    • Health
    • Opinions
  • Economics
    • Economy
    • Finance
      • Banking
      • Insurance
      • Pension
    • Securities/Markets
  • Business
    • Agribusiness
    • Vaultz Business
    • Extractives/Energy
    • Real Estate
  • World
    • Africa
    • America
    • Europe
    • UK
    • USA
    • Asia
    • Around the Globe
  • Innovation
    • Technology
    • Wheels
  • Entertainment
  • 20MOBPL2DNew
  • Jobs & Scholarships
    • Job Vacancies
    • Scholarships
No Result
View All Result
The Vaultz News
No Result
View All Result

Dr. Bawumia Charges Telecel to Invest in Youth Tech Skills

Prince Agyapongby Prince Agyapong
March 13, 2024
Reading Time: 4 mins read
Prince Agyapongby Prince Agyapong
in General News
0
Dr. Bawumia Charges Telecel to Invest in Youth Tech Skills

Vice President Mahamudu Bawumia

Vice President Mahamudu Bawumia has emphasized the importance of telecommunication companies in Ghana moving beyond the expansion of physical infrastructure to investing in human and other resources that are crucial for their offerings to the Ghanaian and African markets. This call was made during the launch of operations for Telecel Ghana, the new majority shareholders in the company formerly known as Vodafone Ghana.

Dr. Bawumia reminded telcos, fintechs, and stakeholders in the technology ecosystem that one of the surest ways of ensuring lasting success is investing in the youth, who are the future of any endeavor.

“Let me challenge you to look beyond physical infrastructure. Your corporate social responsibility must include a deliberate investment and development of the digital capabilities and capacities of young Ghanaians across the country at all levels. As we celebrate this momentous occasion, remember that you also have a role in shaping the future of our nation.”

Vice President Mahamudu Bawumia

Dr. Bawumia reminded the leadership of Telecel that innovation is the heartbeat of success in the telecom and indeed the business environment, and challenged them to make a difference in the Ghanaian telecom market with offerings that would make their brand attractive.

RelatedPosts

Kennedy Agyapong Urges NPP to Listen to Ghanaians for 2028 Victory

Eduwatch Backs Govt’s Private Schools Free SHS Rollout, Demands Equity

Torkornoo Challenges Removal, Demands Halt of Chief Justice Nominee Vetting

“In the ever-evolving landscape of technology, innovation is key to staying ahead. Your customers require an accessible, safe, affordable, and reliable network always. I am happy about Telecel’s commitment to expanding its network and bringing more innovation into this space. In that regard, you have the government’s firm support.”

Vice President Mahamudu Bawumia

Vice President Bawumia praised the introduction and increasing use of Mobile Money and urged Telecel’s management to investigate the various options available for expanding financial inclusion. He acknowledged that while much work had been done, more needed to be done.

According to the Ministry of Finance, the value of mobile money transactions as of December 2016 was GH¢78.5billion. However, since the introduction of Mobile Money Interoperability between different networks and bank accounts, there has been a very rapid expansion in the volume of transactions. In 2023, mobile money transactions hit a record GHC199.3 trillion, which represents a 64.3% increase from the previous year. This has made Ghana the number one country in Africa for financial inclusion because we have achieved 100% availability and inclusion for every Ghanaian.

“I applaud your commitment to corporate social responsibility through the Telecel Foundation and Africa Start-Up Initiative Programme (ASIP). Your initiatives to support education, healthcare, and support for start-ups reflect your dedication to making a meaningful impact beyond business success. This aligns perfectly with our government’s vision of building a more equitable and prosperous society for all Ghanaians.”

Vice President Mahamudu Bawumia

The Vice President urged Telecel to uphold the highest standards of ethics, transparency, and corporate governance in all its endeavors. He added that he does not doubt the brand will not only thrive but also contribute significantly to the advancement of the nation’s telecommunications sector.

ADVERTISEMENT

Telecel Group

Telecel Group is an international telecommunications service provider with a significant presence in over 20 countries, including Ghana. The company was founded in 1986 and is headquartered in London, England. Telecel Group operates in four distinct lines of business within the telecom industry: Telecel Mobile, Telecel Global, Telecel AI, and the Africa Startup Initiative Program.

These operations span across mobile network operations, providing services to mobile network operators (MNOs), offering AI solutions, and supporting innovative African startups through the Africa Startup Initiative Program Operating in over 27 countries, with over six million active subscribers, Telecel aims to digitally empower Africa through technology, connecting remote areas for inclusivity, and focusing on education as a catalyst for growth and accessibility, according to its Board.

In Ghana, Telecel Group acquired Vodafone International’s 70% stake in Ghana Telecom in February 2023, with the Government of Ghana retaining its 30% stake. This acquisition marked a significant milestone for Telecel in the Ghanaian market, where it has since been working to synergize operations, including leadership and operational changes.

Patricia Obo-Nai, the first Ghanaian CEO of Vodafone Ghana, has been appointed as the first CEO of Telecel Ghana. Telecel aims to digitally empower Africa through technology, focusing on inclusivity and education as catalysts for growth and accessibility.

Speaking at the launch, the Chairman and Co-founder of the Telecel Group, Mr. Nicolas Bourg, said the company intends to focus on “positive disruption and innovation in the Ghanaian telecoms market,” adding “We chose to invest in Ghana because of the manifest potential of the youth and people of Ghana.”

READ ALSO: Government to Promote Renewable Energy Use in SHS

Tags: FintechGovernanceMinistry of FinanaceTelecel GhanaTelecommunication
Please login to join discussion
Previous Post

Appointment Powers of Ghana’s “All Powerful President” Questioned.

Next Post

Ghana’s Inflation Falls to 23.2%

Subscription Form

Related Posts

Kennedy Agyapong Is Ghana’s Trump, Says Former Deputy Finance Minister
General News

Kennedy Agyapong Urges NPP to Listen to Ghanaians for 2028 Victory

October 17, 2025
Eduwatch Backs Govt’s Private Schools Free SHS Rollout, Demands Equity
General News

Eduwatch Backs Govt’s Private Schools Free SHS Rollout, Demands Equity

October 17, 2025
Her Ladyship Justice Gertrude Araba Esaaba Sackey Torkornoo
General News

Torkornoo Challenges Removal, Demands Halt of Chief Justice Nominee Vetting

October 17, 2025
NPP Collapsed Every Energy Agency – Energy Ministry Spokesperson
General News

Energy Minister Submits Missing ECG Containers Report to Attorney General

October 17, 2025
IGP Strengthens Ghana-US Security Ties at FBI New York Office
General News

IGP Strengthens Ghana-US Security Ties at FBI New York Office

October 17, 2025
President John Dramani Mahama hosted Grenadian Prime Minister Dickon Amiss Thomas Mitchell
General News

Ghana, Grenada Deepen Ties with MoUs on Trade, Labor Export, and Visa Waiver

October 17, 2025
24-Hr Economy, Big Push to increase per capita – O’Brien poised
Economy

24-Hr Economy, Big Push to increase per capita – O’Brien poised

by Michael Teye-Bio NaduteyOctober 17, 2025
Kennedy Agyapong Is Ghana’s Trump, Says Former Deputy Finance Minister
General News

Kennedy Agyapong Urges NPP to Listen to Ghanaians for 2028 Victory

by Silas Kafui AssemOctober 17, 2025
 Heath Goldfields sets to Resume Operation in the Bogoso-Prestea Mine
Extractives/Energy

 Heath Goldfields sets to Resume Operation in the Bogoso-Prestea Mine

by Bless Banir YarayeOctober 17, 2025
Trump To Meet Putin In Hungary For Talks On Ukraine War
Europe

Trump-Putin Meeting In Budapest Cautiously Welcomed

by Comfort AmpomaaOctober 17, 2025
Eduwatch Backs Govt’s Private Schools Free SHS Rollout, Demands Equity
General News

Eduwatch Backs Govt’s Private Schools Free SHS Rollout, Demands Equity

by Emmanuel Tibila BoasahOctober 17, 2025
Her Ladyship Justice Gertrude Araba Esaaba Sackey Torkornoo
General News

Torkornoo Challenges Removal, Demands Halt of Chief Justice Nominee Vetting

by Evans Junior OwuOctober 17, 2025
24-Hr Economy, Big Push to increase per capita – O’Brien poised
Kennedy Agyapong Is Ghana’s Trump, Says Former Deputy Finance Minister
 Heath Goldfields sets to Resume Operation in the Bogoso-Prestea Mine
Trump To Meet Putin In Hungary For Talks On Ukraine War
Eduwatch Backs Govt’s Private Schools Free SHS Rollout, Demands Equity
Her Ladyship Justice Gertrude Araba Esaaba Sackey Torkornoo

Recent News

24-Hr Economy, Big Push to increase per capita – O’Brien poised

24-Hr Economy, Big Push to increase per capita – O’Brien poised

October 17, 2025
Kennedy Agyapong Is Ghana’s Trump, Says Former Deputy Finance Minister

Kennedy Agyapong Urges NPP to Listen to Ghanaians for 2028 Victory

October 17, 2025
 Heath Goldfields sets to Resume Operation in the Bogoso-Prestea Mine

 Heath Goldfields sets to Resume Operation in the Bogoso-Prestea Mine

October 17, 2025
Trump To Meet Putin In Hungary For Talks On Ukraine War

Trump-Putin Meeting In Budapest Cautiously Welcomed

October 17, 2025
Eduwatch Backs Govt’s Private Schools Free SHS Rollout, Demands Equity

Eduwatch Backs Govt’s Private Schools Free SHS Rollout, Demands Equity

October 17, 2025
Her Ladyship Justice Gertrude Araba Esaaba Sackey Torkornoo

Torkornoo Challenges Removal, Demands Halt of Chief Justice Nominee Vetting

October 17, 2025
The Vaultz News

Copyright © 2025 The Vaultz News. All rights reserved.

Navigate Site

  • About
  • Advertise
  • Privacy Policy
  • Contact

Follow Us

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • Top Stories
  • News
    • General News
    • Education
    • Health
    • Opinions
  • Economics
    • Economy
    • Finance
      • Banking
      • Insurance
      • Pension
    • Securities/Markets
  • Business
    • Agribusiness
    • Vaultz Business
    • Extractives/Energy
    • Real Estate
  • World
    • Africa
    • America
    • Europe
    • UK
    • USA
    • Asia
    • Around the Globe
  • Innovation
    • Technology
    • Wheels
  • Entertainment
  • 20MOBPL2D
  • Jobs & Scholarships
    • Job Vacancies
    • Scholarships

Copyright © 2025 The Vaultz News. All rights reserved.

Discover the Details behind the story

Get an in-depth analysis of the news from our top editors

Enter your email address