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U.S.-Nigerian mogul Sam Darwish’s stake in IHS nears $90 million

Sam Darwish’s stake in IHS Towers approaches $90 million as the NYSE-listed telecom company climbs 137% in 2025 on growth in Africa and Brazil.

U.S.-Nigerian mogul Sam Darwish’s stake in IHS nears $90 million
Sam Darwish, CEO of IHS Towers, a leading telecom infrastructure company

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Key Points

  • Sam Darwish’s stake in IHS Towers has surged by $18.99 million in just 27 days, pushing his holdings close to $90 million. 
  • IHS Towers shares have rallied 27% on the NYSE, lifting the company’s market value to more than $2.33 billion. 
  • Since January, the stock has soared nearly 137%, cementing IHS Towers’ position as a global telecom infrastructure player.

Sam Darwish, the U.S.-Nigerian mogul and CEO of IHS Towers, has made a strong comeback in 2025 as the value of his stake in the company climbed to nearly $90 million. The recovery reflects renewed investor confidence in African telecoms and the importance of infrastructure supporting the region’s growing connectivity.

Darwish’s IHS stake nears $90 million

Darwish, who serves as chairman and CEO, owns a 3.9-percent stake in IHS Towers, equivalent to 12,921,750 shares. Over the past 27 days, his holdings have increased in value by nearly $19 million, climbing from $70.42 million on July 26 to $89.42 million by August 22. 

The rebound wiped out earlier losses between May 5 and June 6, when his stake fell from $80.76 million to $73.52 million, a $7.24 million drop. The latest upswing highlights IHS Towers’ ability to bounce back as it expands its footprint in emerging markets.

IHS market cap tops $2.3 billion

Founded by Darwish in 2001, IHS Towers is the world’s third-largest independent telecom tower operator by tower count, managing over 39,000 towers across Africa, Latin America, and the Middle East. The company has ramped up expansion in 2025, adding 385 tenants, securing 1,566 lease amendments, and building 207 new towers—136 of which are located in Brazil.

Over the past month, IHS Towers’ shares have gained 26.97 percent, rising from $5.45 on July 7 to $6.92. The rally has lifted the company’s market value to more than $2.33 billion, delivering gains for investors, including Darwish, who holds a 3.9-percent stake.

Strong market performance in 2025

Zooming out, the rally looks even more impressive. Since the start of 2025, IHS Towers’ stock has surged 136.99 percent. For investors, a $100,000 investment at the beginning of the year would now be worth about $237,000. For Sam Darwish, the rebound restores confidence in the company and reinforces his position in Africa’s telecom sector.

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