U.S.-Nigerian telecom mogul Sam Darwish gains $6.7 million from IHS stake
The rebound comes after a challenging period between Sept. 12 and 27, when his stake fell from nearly $100 million to $86.19 million.
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The rebound comes after a challenging period between Sept. 12 and 27, when his stake fell from nearly $100 million to $86.19 million.
Sam Darwish’s IHS Nigeria saves 50 million liters of diesel with $750 million investment in hybrid and solar systems.
IHS Towers, led by Sam Darwish, has sold its Rwandan operations to Paradigm Tower Ventures for $274.5 million, refining its African focus.
IHS invests $750 million in solar and hybrid power in Nigeria, advancing clean energy and sustainability goals.
Sam Darwish, founder of IHS Towers, has seen his stake fall to $86 million after a sharp slide in the company’s shares on the New York Stock Exchange.
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.
The decline reflects ongoing investor caution and broader market volatility affecting emerging-market telecom stocks.
IHS Holding divests its 1,465 Rwandan towers to Paradigm Tower Ventures for $274.5 million, refocusing on core markets amid global portfolio reshuffle.
IHS rebounds with $439.6 million in Q1 2025 revenue, driven by 25.6% organic growth and improved margins despite naira headwinds and prior regional divestments.
This is linked to an increase in IHS Holding’s share price on the New York Stock Exchange (NYSE), driven by renewed investor confidence.
U.S.-Nigerian telecom executive Sam Darwish’s IHS stake rises nearly $12 million to $56 million.
IHS Holding, led by Sam Darwish, raised $1.6 billion to strengthen its balance sheet amid currency volatility and evolving market conditions.
The decline in revenue—driven largely by the devaluation of the Nigerian naira—underscores the financial challenges facing the company despite strong operational growth.
The recent rally has driven Sam Darwish’s stake to nearly $50 million.
Darwish's recent gains highlight his ability to adapt and make strategic decisions that enhance IHS Holding’s position in the global telecom market.
This deal represents a pivotal shift in IHS's strategy to optimize its global assets and strengthen its financial footing amid a volatile market.