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$274.5M Deal: IHS Towers Exits Rwanda’s Telecom Market

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IHS Towers Finalizes $274.5 Million Exit from Rwanda, Paradigm Tower Ventures Steps In

IHS Towers, a prominent American tower infrastructure company, has officially concluded its operations in Rwanda after more than a decade of presence in the East African nation. The strategic move, valued at approximately $274.5 million, sees IHS Towers divest its entire Rwandan portfolio, comprising roughly 1,467 tower sites, to Paradigm Tower Ventures. This transaction, confirmed in a statement released on October 9, marks a significant shift in Rwanda’s telecom infrastructure landscape.

Paradigm Tower Ventures Becomes Leading Independent Operator in Rwanda

The acquisition by Paradigm Tower Ventures signifies its emergence as a key player in sub-Saharan Africa’s wireless infrastructure sector. As a new entrant with a focused vision on building robust wireless infrastructure across the continent, Paradigm Tower Ventures, through its investment arm Paradigm Infrastructure Holdings (PIH), now stands as Rwanda’s leading independent tower operator. This deal, initially announced in May 2025, represents IHS Towers’ complete withdrawal from the East African market. The company stated its intention to sharpen its corporate strategy, primarily focusing on enhancing shareholder value globally by streamlining its operational footprint. For Paradigm, this investment provides a substantial foundation in a growing market, reinforcing its commitment to developing essential telecom infrastructure in sub-Saharan Africa.

This strategic divestment by IHS Towers and the entry of Paradigm Tower Ventures underscore the dynamic nature of the telecom infrastructure market in Africa. It highlights a trend where established operators recalibrate their portfolios to optimize shareholder returns, while new, specialized entities are keen to invest in the continent’s burgeoning wireless infrastructure demands.

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