MTN pumps E30 million to CSR in 10 years
11/01/24
Since the launch of the MTN Foundation in 2006, MTN has invested E30 million in various corporate social investment initiatives covering education, health, enterprise development and national priorities.
About 60 per cent of the MTN Foundation resources focus on digitization of education and improving infrastructure in schools and tertiary institutions.
The MTN Foundation has also invested in ambulances, cataract project, and medical equipment in support of government efforts to improve the health system in the country.
“Beyond creating jobs directly through formal employment and indirectly by empowering business people to seek MTN products-dealers, airtime and MoMo vendors and suppliers, the MTN Foundation also collaborates with partners including JA, Enactus, and Technoserve to empower young people to venture into business,” says Head of Corporate Services Sibusiso Nhleko.
The MTN Foundation also supports Imbali through Imbali Foundation, MTN Bushfire Schools’ Festival and Esicojeni Foundation.
After focusing on the improvement of education for over a decade, on the 20th Anniversary, the MTN 21 Days of Y’ello Care initiative has shifted towards addressing youth empowerment.
This comes from an observation that there is a simmering socio-economic challenge of youth unemployment in the Kingdom.
In 2016, the MTN Foundation availed E200 000 to support young people pursuing vocational skills training in partnership with Young Heroes, Skills Training Centres (STC) and the Ministry of Education and Training.