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Sam Darwish gains nearly $12 million from IHS stake

U.S.-Nigerian telecom executive Sam Darwish’s IHS stake rises nearly $12 million to $56 million.

Sam Darwish

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Key Points

  • Sam Darwish’s 3.9% stake in IHS Towers has surged by $11.76 million over the past month, reaching $56 million.
  • IHS stock has rallied 26.74 percent over the past month, lifting its market capitalization to $1.45 billion and delivering meaningful gains to shareholders.
  • IHS Towers’ shares have risen 48.97% since the start of 2025, driven by renewed investor confidence and strategic growth initiatives.

Sam Darwish, the U.S.-Nigerian telecom executive and CEO of IHS Towers, has seen the value of his stake in the company climb by nearly $12 million, driven by a sharp rally in the firm’s shares on the New York Stock Exchange (NYSE) amid renewed investor confidence.

Darwish’s growing stake solidifies his telecom influence

Darwish holds a 3.9 percent stake in the telecom infrastructure group—equivalent to 12,921,750 shares—making him a key player in Africa’s telecom sector. Over the past month, the market value of his holdings has climbed $11.76 million to $56 million, according to data tracked by Billionaires.Africa.

The latest gain builds on a $5.88 million increase recorded between Jan. 31 and Feb. 26, when his stake rose from $41.94 million to $47.83 million. The sustained upward momentum underscores Darwish’s growing wealth and continued influence in the African telecom infrastructure space.

IHS raises $1.6 billion amid market volatility

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.

The telecom infrastructure giant recently raised $1.6 billion through a dual-currency syndication and bond issuance, strengthening its financial position amid currency volatility and shifting market dynamics. Despite solid organic growth, the company’s 2024 revenue fell 19.5 percent to $1.71 billion, primarily due to the sharp devaluation of the Nigerian naira—one of its key operating markets. 

IHS Towers shares surge 26.74%, boosting Darwish’s stake

Shares of IHS Towers have surged by 26.74% in the past month, rising from $3.44 on March 10 to $4.35, bringing its market capitalization to $1.45 billion and delivering significant gains to investors.

The rise has had a direct impact on Darwish’s stake, which has grown from $44.45 million to $56.21 million—a gain of $11.76 million over the past month. This jump in value highlights strong market performance amid ongoing global economic uncertainty and market volatility.

Your money and your life

Since the start of 2025, its share price has soared by 48.97 percent, reflecting a renewed sense of confidence from investors in the company’s long-term potential.

This solid performance is the result of strategic moves such as new financing initiatives and network expansion efforts, all of which have strengthened the telecom infrastructure firm’s position, even in the face of global economic challenges.

For investors, a $100,000 stake at the beginning of the year would now be worth $148,970—an impressive gain of $48,970.

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