IHS Holding Ltd. secures US$490 million to fund continued expansion across Africa

Transaction highlights

Significant funding round for IHS includes US$420 million of equity and US$70 million in debt Existing shareholders contributing alongside new investors:  Goldman Sachs, the IFC Global Infrastructure Fund (GIF) and African Infrastructure Investment Managers Senior debt is being provided by Standard Chartered Bank for expansion of IHS’ business in Zambia Funding will be used for…

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