IHS, led by U.S.-Nigerian telecom tycoon Sam Darwish, secures $1.6 billion in fresh funding
IHS Holding, led by Sam Darwish, raised $1.6 billion to strengthen its balance sheet amid currency volatility and evolving market conditions.
Sam Darwish
U.S.-Nigerian telecom tycoon Sam Darwish-led IHS reports lower 2024 revenue at $1.7 billion
The decline in revenue—driven largely by the devaluation of the Nigerian naira—underscores the financial challenges facing the company despite strong operational growth.
U.S.-Nigerian telecom executive Sam Darwish’s stake in IHS gains nearly $6 million
The recent rally has driven Sam Darwish’s stake to nearly $50 million.
U.S.-Nigerian telecom executive Sam Darwish’s IHS stake rebounds above $45 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.
IHS closes $230 million deal to sell Kuwait unit to Zain Group
This deal represents a pivotal shift in IHS's strategy to optimize its global assets and strengthen its financial footing amid a volatile market.
Sam Darwish’s IHS raises $1.2 billion to boost telecom network in emerging markets
IHS led by Sam Darwish plans to boost digital inclusion, economic development through expanded connectivity.
U.S.-Nigerian telecom mogul signs $230-million deal to sell Kuwait tower business to Zain
The transaction, which is expected to close in the first half of 2025 pending regulatory approvals, includes 1,675 telecom sites and 700 managed locations.
IHS Holding's market woes slice $14.83 million from Sam Darwish’s stake
Despite setbacks in 2024, the telecom sector's long-term growth potential offers hope, with Darwish's leadership crucial for IHS Holding's recovery.
Sam Darwish’s stake in IHS Holding dips below $40 million
Over the past three weeks, the value of his holdings has dropped by $3.1 million, tracking a 7.8 percent fall in IHS shares.
IHS Nigeria powers relief efforts with solar boreholes for Maiduguri flood victims
The boreholes, part of IHS Nigeria’s ongoing collaboration with UNICEF, are designed to help prevent waterborne diseases and mitigate health risks for flood-affected residents.
U.S.-Nigerian telecom tycoon Sam Darwish loses $7.42 million as IHS shares fall
This follows a brief uptick between Aug. 6 and 10, when his stake gained $4.61 million amid a fleeting share price recovery.
