Vodafone Ghana

[4] On 3 July 2008 it was announced that Vodafone had agreed to acquire 70% of Ghana Telecom from the Ghanaian government at a cost of US$900 million and a total enterprise value of approximately US$1.3 billion.

[6] The sale was supported by president John Agyekum Kufuor, but strongly opposed by the opposition party, which would win the presidential elections a few months later.

[7] Despite these claims, a few months later Vodafone would write down the value of its stake in Ghana Telecom by £250m as the economic climate worsened, damaging the business's prospects.

[11] The company, in collaboration with British Council, established the Vodafone Scholar Project which will provide full and partial scholarships to female high school and undergraduate students studying STEM subjects who don't have the financial means to pursue continued study.

In the agreement, the company agreed to provide an enhanced high speed internet and Wi-Fi connectivity to all faculties across the university's campuses in Ghana.