IHS Towers cuts H1 Infrastructure spend 16% to save cash flow

IHS Towers cuts H1 Infrastructure spend 16% to save cash flow

IHS Towers, Africa’s largest infrastructure company, sharply reduced its infrastructure spending in the first half of 2025, shifting from an aggressive growth posture to a more measured, cash-flow-driven strategy. The move comes amid significant portfolio changes, major asset disposals, and a deliberate focus on core markets, including Nigeria, South Africa, and Brazil. IHS spent approximately $89.9 million on new tower projects in H1 2025, down…