IHS Holding Limited (IHS Towers), one of the world’s largest independent owners and operators of shared communications infrastructure, has officially completed the sale of its Rwandan subsidiary, IHS Rwanda Limited, to Paradigm Tower Ventures.
The transaction, executed through Paradigm Infrastructure Holdings (PIH), covers approximately 1,467 telecommunications sites in Rwanda. PIH is a consortium made up of Convergence Partners Digital Infrastructure Fund (CPDIF), British International Investment (BII), and PROPARCO, the French development finance institution.
Strategic Move to Optimize Portfolio and Strengthen Focus
The sale represents a strategic milestone in IHS Towers’ ongoing plan to optimize its portfolio and concentrate on high-growth markets.
By divesting its Rwandan operations, IHS Towers aims to:
- Enhance shareholder value
- Increase financial flexibility for future investments
- Reallocate resources toward key markets with strong growth potential
According to the company, the transaction underscores its focus on long-term strategic initiatives, ensuring operational efficiency while supporting digital transformation efforts across Africa.
Boost for Rwanda’s Digital Infrastructure Sector
The acquisition by Paradigm Tower Ventures signals a major boost for Rwanda’s fast-growing digital infrastructure sector.
The consortium’s plan is to expand and modernize telecommunications assets, accelerating Rwanda’s connectivity and contributing to broader East African digital transformation goals.
With backing from prominent development finance institutions like BII and PROPARCO, Paradigm Tower Ventures is positioned to advance the country’s broadband and mobile network capacity, supporting both urban and rural communities.
This move aligns with regional objectives to enhance mobile and internet access, improve digital inclusion, and drive economic growth through better connectivity.
JPMorgan Serves as Exclusive Financial Advisor
JPMorgan acted as the exclusive financial advisor to IHS Towers during the transaction, ensuring transparency and strategic alignment with the company’s global asset management and divestment strategy.
The partnership highlights IHS Towers’ commitment to strong corporate governance, prudent portfolio management, and its continued leadership role in Africa’s evolving telecommunications landscape.
Strengthening the Future of Africa’s Telecom Infrastructure
The completion of the sale underscores the rising investor confidence in Africa’s digital infrastructure.
With more institutions investing in tower assets and connectivity solutions, the continent is witnessing a wave of infrastructure consolidation that aims to meet the growing demand for mobile data and internet access.
For IHS Towers, this divestment marks a strategic pivot toward core markets while creating room for future investment in innovation, energy efficiency, and next-generation telecom solutions.
