Investec Asset Management Invests in IHS Towers (Sub-Saharan Africa)

Source: Investec Asset Management

Africa-focused asset management firm Investec Asset Management has completed a follow-on investment in Nigeria-based mobile telecommunications infrastructure provider IHS Towers. Investec originally invested in IHS in 2011. The company will use the new capital to acquire, build and integrate new towers. Financial details of the transaction were not disclosed.