IHS Towers Bonds

Pan-Africa
Pioneering debt capital solutions for telecommunications infrastructure in Africa
Sector
Digital Communications Infrastructure
Total PIDG Commitment
USD 283m
Related SDG Goals
Project Overview
Investee CompanyIHS Holding Limited (IHS Towers)
SectorDigital Communications Infrastructure
CountryMultiple Countries in Africa
Total Bond ValueUSD 1.2bn
PIDG Commitment
  • Debt: USD 283m allocated over several bond issuances
Dates of PIDG involvement
  • 2016 – 2024
Impact

Market transformation

Improved access to mobile internet harbours an estimated US$180 billion of additional output across Africa. Scaling private debt solutions develops national infrastructure as digital economies transform demography. EAAIF’s commitments have reduced high data costs and barriers to mobile telecommunications and data adoption, creating a more profound impact on the local economy.

People and the wider economy

PIDG’s support (through EAAIF) of IHS Towers and other pioneering telecom and digital infrastructure providers has helped expand operations across the continent, extending access to transformative digital services that will shape Africa’s fourth industrial revolution, boost digital skills and financial inclusion, creating new jobs, and democratising access to markets.

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