RWANDA, Oct. 17 -- PARADIGM Tower Ventures, a sub-Saharan African towers platform, has completed its maiden investment with the acquisition of IHS Rwanda Limited from IHS Holding Limited marking a strategic entry into the regions growing digital infrastructure market.

Rand Merchant Bank, a division of FirstRand Bank Limited, acted as the mandated lead arranger, sole funder and financial advisor to Paradigm Tower Ventures.

The Co-founder and Chairman of Paradigm, Stephen Harris said: “Were excited to enter the Rwandan market and apply our expertise in shared digital infrastructure to support the growing demand for digital services. Our focus is on enhancing infrastructure efficiency, sustainability and expanding mobile network cove...