IHS Towers Completes Sale of Rwanda Operations to Paradigm Tower Ventures

IHS
November 01, 2025

IHS Holding Limited announced on October 9, 2025, the completion of the sale of 100% of IHS Rwanda Limited to Paradigm Tower Ventures. This transaction included approximately 1,467 sites previously owned and operated by IHS Rwanda. The sale was executed through the Paradigm Infrastructure Holdings (PIH) vehicle, as part of a consortium with Convergence Partners Digital Infrastructure Fund.

This divestiture is a key component of IHS Towers' ongoing strategic review, which aims to optimize its portfolio and enhance shareholder value. The agreement to sell its Rwanda operations was initially announced on May 20, 2025, with an enterprise value of $274.5 million. The successful closing of this transaction demonstrates the company's ability to execute its strategic initiatives.

The completion of this sale allows IHS Towers to further streamline its operations and focus resources on other high-growth markets. The proceeds from such asset disposals are typically utilized to reduce company debt, thereby strengthening the balance sheet and improving financial flexibility.

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