Hello Africa? Investors Are Calling

 

Hello Africa? Investors Are Calling

The $1 billion financing for African mobile telecommunications infrastructure developer IHS Towers is yet another sign that global investors are warming up to investing on the continent again.

The Lagos-based company manages cellular towers for mobile phone carriers in Africa, a business that sits at the intersection of Africa’s consumer revolution and infrastructure needs, according to Emerging Capital Partners managing director and founding partner, Bryce Fort.  “IHS is a consumer play through infrastructure,” he said.

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