IHS Nigeria, part of the IHS Holding Limited (NYSE: IHS) (“IHS Towers”) group, one of the largest independent owners, operators, and developers of shared communications infrastructure in the world by tower count, has today published its 2023 and 2024 Impact Report.
The report highlights IHS Nigeria’s continued commitment to helping foster a more sustainable and prosperous future for Nigeria, and covers sustainability and community impact activities from January 1, 2023, to December 31, 2024.
During this period, IHS Nigeria continued to contribute towards the United Nation’s Sustainable Development Goals and execute IHS Towers’ four-pillar sustainability strategy – focusing on ethics and governance, environment and climate change, education and economic growth, and our people and communities, which IHS Nigeria seeks to align with the Renewed Hope Agenda of the Nigerian Government.
Report Highlights
Details of the activity published in this report under IHS Towers’ four sustainability pillars include:
Education and economic growth
Supported the construction and operation of the Ilorin Innovation Hub, expected to be the largest innovation centre in Nigeria, and other hubs in Ogbomosho (Oyo) and Alimosho (Lagos)
Partnered with the Ministry of Communication and Digital Economy on the 3 Million Technical Talent (3MTT) initiative to help train more than 100,000 Nigerians in digital skills
Welcomed 10 Nigerian educators to the 12-month Limitless Global Educator Program, in partnership with the Limitless Space Institute, and helped facilitate a visit to the NASA Space Center
Partnered with UNICEF Nigeria to support 956 schools across the country with school connectivity; 421 of which were successfully connected to the internet, enabling them to access the Nigerian Learning Passport under the UNICEF GenU initiative
Environment and climate change
Planted and nurtured 4,000 trees across the country
Installed 144 solar streetlights in communities across eight states, benefiting approximately 23,990 residents by helping improve security
Fitted 6,747 tower sites with hybrid power solutions to reduce dependency on diesel
Supported over 700 students with climate and eco-friendly education tools
Our People and Communities
Constructed nine medical oxygen plants in Bauchi, Ogun, Cross River, Kano, Yobe, Oyo, Kaduna, Ebonyi, and Rivers states to help strengthen lifesaving oxygen supply in hospitals, benefiting up to approximately 90,000 patients so far, according to UNICEF estimates
Constructed four solar powered boreholes in Borno State to provide clean water to over 20,000 beneficiaries
Supported 201 hydrocele surgeries and helped deliver treatment for neglected tropical diseases to over 1,000,000 people in partnership with the END Fund
Partnered with the Nigeria Solidarity Support Fund in Cross River State to vaccinate over 10,000 children
Ethics and governance
IHS Nigeria continues to align with the guidelines of ISO 26000 on social responsibility
Upskilled 238 suppliers and members of the IHS Procurement and Supply Chain team on sustainable supply chain management
Supported 11 research publications through the Telecommunications and Technology Sustainability Working Group
Awarded six start-ups with seed grants through the Sustainable Solution Africa Program
Mohamad Darwish, CEO, IHS Nigeria, commented, “As a business, our focus is not only on providing the connectivity that powers this economy, but also on making a lasting impact in the communities we serve. From a mother who is supported through childbirth with medical oxygen, to a child who writes his first line of code through our digital literacy initiatives, to a father who now worries less about health expenses, to educators who benefit from an unique opportunity to visit the NASA Space Center, these transformational stories provide us with fulfilment as a business and present a picture of progress. There is no better purpose than improving the wellbeing of our fellow citizens and helping encourage hope in the prospects of our country.”
Dapo Otunla, Chief Corporate Services Officer, IHS Nigeria, commented, “We believe in the power of the community and in empowering our people to help them unlock their full potential. Our interventions cut across the six geopolitical regions in Nigeria, as we seek to help pave the way for socioeconomic development and ensure that all Nigerians, regardless of their location, benefit from a better quality of life.”
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About IHS Towers: IHS Towers is one of the largest independent owners, operators and developers of shared communications infrastructure in the world by tower count and is solely focused on the emerging markets. The company has over 39,000 towers across its eight markets, including Brazil, Cameroon, Colombia, Côte d’Ivoire, Nigeria, Rwanda, South Africa and Zambia. For more information, please email: communications@ihstowers.com or visit: www.ihstowers.com
Cautionary statements
This press release contains forward-looking statements within the meaning of the securities laws of certain applicable jurisdictions. All statements other than statements of historical facts contained in this press release may be forward-looking statements. In some cases, you can identify forward-looking statements by terms such as “may,” “will,” “should,” “expects,” “plans,” “anticipates,” “could,” “intends,” “targets,” “commits,” “projects,” “contemplates,” “believes,” “estimates,” “forecast,” “predicts,” “potential” or “continue” or the negative of these terms or other similar expressions.
We have based these forward-looking statements largely on our current expectations and projections about future events and financial trends that we believe may affect our business, financial condition and results of operations. Forward-looking statements involve known and unknown risks, uncertainties and other important factors that may cause our actual results, performance or achievements to be materially different from any future results, performance or achievements expressed or implied by the forward-looking statements.
The forward-looking statements in this press release are based upon information available to us as of the date of this press release, and while we believe such information forms a reasonable basis for such statements, such information may be limited or incomplete, and our statements should not be read to indicate that we have conducted an exhaustive inquiry into, or review of, all potentially available relevant information. These statements are inherently uncertain and you are cautioned not to unduly rely upon these statements. You should read this press release and the documents that we reference in this press release with the understanding that our actual future results, performance and achievements may be materially different from what we expect. We qualify all of our forward-looking statements by these cautionary statements.
Additionally, we may provide information herein that is not necessarily “material” for securities laws or reporting purposes, but that is informed by various ESG standards and frameworks (including standards for the measurement of underlying data), and the interests of various stakeholders. Much of this information is subject to assumptions, estimates or third-party information that is still evolving and subject to change. For example, our disclosures based on any standards may change due to revisions in framework requirements, availability of information, changes in our business or applicable government policies, or other factors, some of which may be beyond our control. These forward-looking statements speak only as of the date of this press release. Except as required by applicable law, we do not assume, and expressly disclaim, any obligation to publicly update or revise any forward-looking statements contained in this press release, whether as a result of any new information, future events or otherwise. Additionally, the information included in the Impact Report, including highlights provided in this press release, are subject to certain important disclaimers that should be read and considered in concert with such information.
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