IHS Towers Completes Sale of Rwanda Operations to Paradigm Tower Ventures Consortium

IHS Holding Limited (IHS Towers) , one of the world’s largest independent owners and operators of shared communications infrastructure, has announced the successful completion of the sale of its Rwandan subsidiary, IHS Rwanda Limited, to Paradigm Tower Ventures . The transaction includes approximately 1,467 telecommunications sites and was executed through Paradigm Infrastructure Holdings (PIH), a consortium comprising Convergence Partners Digital Infrastructure Fund (CPDIF), British International Investment (BII), and PROPARCO, a French development finance institution.

The sale marks a significant step in IHS Towers’ ongoing efforts to optimize its portfolio and pursue strategic initiatives aimed at enhancing shareholder value. By divesting its Rwandan operations, the company is refining its focus on key growth markets and strengthening its financial flexibility for future investments and partnerships in high-demand regions.

The transaction also reflects the growing investor interest in Africa’s digital infrastructure sector, with the buyer consortium—led by Paradigm Tower Ventures—positioning itself to expand and modernize telecommunications assets in Rwanda. This move aligns with the broader regional agenda of improving connectivity, supporting digital transformation, and enabling greater access to mobile and internet services across East Africa.

JPMorgan served as the exclusive financial advisor to IHS Towers in the transaction, underscoring the company’s commitment to transparency and strategic alignment in its asset management and divestment plans.