Africa’s multi-billion dollar wave of tower sales gains pace

MTN may be joining the sale in Nigeria, update on the Airtel transaction

TowerXchange is tracking almost 40,000 African towers at various stages of progression toward sale or outsourcing to independent towercos. With a pipeline of over US$3bn worth of assets coming to market, and with the independent tower model increasingly proven in Africa, a new class of investor that only wants to write substantial cheques is being…

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