Sam Darwish gains $6.7 million as IHS Towers rebounds

U.S.-Nigerian telecom mogul Sam Darwish has added $6.7 million to his fortune in the past 11 days, following a rise in the value of his stake in IHS Towers. The gain reflects renewed investor interest in Africa’s telecom-infrastructure sector and the continuing need for reliable connectivity in fast-growing markets.

Darwish owns a 3.9 percent stake in IHS Towers, representing 12,921,750 shares. The value of those shares has risen from $80.63 million on Nov. 14 to $87.35 million, adding $6.72 million to his holdings. The rebound comes after a challenging period between Sept. 12 and 27, when his stake fell from nearly $100 million to $86.19 million.

Sam Darwish’s IHS Towers growth story

Sam Darwish founded IHS Towers in 2001 and has spent more than two decades building it into one of the world’s largest independent telecom-tower operators, with over 39,000 sites across Africa, Latin America, and the Middle East. His long tenure in the sector has made the company a closely watched stock among investors.

The company is steadily expanding in emerging markets, a key part of its growth strategy. So far in 2025, IHS has completed 1,566 lease amendments, added 385 tenants, and built 207 new towers across its network. These efforts reflect the company’s ongoing push to improve connectivity and service delivery across its operating regions.

IHS stock surges 131 percent year-to-date

IHS shares have climbed 8.33 percent in the past week, moving from $6.24 on Nov. 14 to $6.76. That uptick has propelled the company’s market capitalization above $333 million thus rewarding patient investors who stayed through the earlier selloff.

For long-term investors, the outlook remains positive. IHS stock has risen 131.5 percent this year, turning a $100,000 investment in January into roughly $231,510, underscoring continued growth potential despite ongoing market pressures.