“Realize that everything connects to everything else”
Leonardo DaVinci

IHS Towers

Connecting the World

Man Capital invested in IHS Towers, Africa’s leading independent mobile telecommunications infrastructure provider, in April 2014.

Founded in 2001, IHS provides services across the full tower value chain – managed services, deployment and site ownership. The company is headquartered in Nigeria, with operations in Cameroon, Côte d’Ivoire, Zambia and Rwanda, and following recent acquisitions IHS manages well over 20,000 towers in the continent.

Man Capital has worked directly with IHS management and the Mantrac Nigeria team to design and manufacture bespoke in-market power solutions.

The company’s other investors include GIC, Goldman Sachs, International Finance Corporation (World Bank) and Investec.

To find out more about IHS Towers click here

Key Statistics

Date initially invested:
April 2014

Key Data


Over 39,000 towers


Population of over 780 million across 11 markets


5th largest independent multinational TowerCo Globally