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IHS Towers Rwanda sale to Paradigm Tower Ventures closes at $274.5 million, marking a milestone in Africa’s telecom infrastructure growth.
IHS Towers has agreed to sell its Rwandan subsidiary, IHS Rwanda Limited, to Paradigm Tower Ventures for $274.5 million. The deal includes 1,465 telecom towers and is expected to close in the second half of 2025, pending regulatory approvals.
This investment will enable Biomassters to build a new fuel production facility, expand its distribution network, and provide sustainable cooking solutions to 25,000 households.
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