‘We’ve Invested US$2.5b In Infrastructure’

Chief Executive Office (CEO) at Vodafone Ghana, Yolanda Cuba, has hinted that her outfit has invested over 2.5 billion US dollars in infrastructure in the last 9 years.

This, she indicated, is aimed at ensuring that her outfit meets the digital transformation target.

According to her, there was the need for businesses in Ghana to embrace the ongoing transformation into the digital world.

“In Ghana, large, small and medium businesses (being the main and big) contribute to our economy, we need them to be interested in transformational system into the digital migration,” she said.

She added that “It’s our responsibility, therefore, to find ways that businesses can take advantage and leverage the deliverables under the acceleration of technology to be more successful.”

Speaking at the 4th Annual Lecture of Today newspaper on the theme: “Using Digital Technology To Accelerate Business Growth,” at Coconut Grove Regency Hotel in Accra, the CEO of Vodafone explained that it was important that businesses in Ghana engage and embrace technology in their business model in order to accelerate growth.

She said that in order to attain growth there was the need for businesses to also know how to grow, how to attract customers, how to serve customers better and how to develop new products.

“For us, our strategic focus is around igniting the digital revolution in Ghana and so far we are on course. However, as Vodafone we need you to also start your digital change,” she noted.

She added that “We have done many things as a business investing in our infrastructure. In the last nine years we have invested over US$2.5 billion in our own infrastructure.”

Madam Yolanda Cuba further debunked the notion that telecommunication operators were in to compete with the banks with the introduction of the Mobile Money platform, but said rather they were partners ensuring that they bring financial inclusion in Ghana.

According to her, “as of today there are about 80,000 mobile money agents across the country serving the financial needs of the public.”

She, therefore, called on Ghanaians to embrace digital technology to enhance business.

“I look forward to a day where we are able to embrace CEO and CIO into a common person. Then we will actually have the best programmes,” she said.

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