Indian billionaire Mukesh Ambani's Africa 5G bet is live in Ghana but retail consumers still cannot access it as regulatory disputes linger

Billionaires Africa | 24.04.2026 22:42
When Bloomberg reported in May 2024 that the chairman of Reliance Industries was entering Africa through a Ghana-based telecom venture, the story generated significant interest. Asia's richest man, worth approximately $108 billion, was targeting mobile broadband in a high-growth emerging market. The vehicle was Next-Gen InfraCo, known as NGIC, Ghana's only licensed wholesale 5G provider. Reliance's subsidiary Radisys, an Open RAN specialist based in Portland, Oregon, would supply the network infrastructure, applications and smartphones for NGIC's 5G backbone.