IHS Holding Limited (IHS) 6-K15 Aug 23Current report (foreign)Financial data

Company Profile

Document and Entity Information

Document and Entity Information	6 Months Ended
Document and Entity Information	Jun. 30, 2023
Document and Entity Information [Abstract]
Document Type	6-K
Document Period End Date	Jun. 30, 2023
Entity Registrant Name	IHS Holding Ltd
Entity Central Index Key	0001876183
Current Fiscal Year End Date	--12-31
Document Fiscal Year Focus	2023
Document Fiscal Period Focus	Q2
Amendment Flag	false

CONDENSED CONSOLIDATED STATEMEN

CONDENSED CONSOLIDATED STATEMENT OF LOSS AND OTHER COMPREHENSIVE INCOME/(LOSS) (UNAUDITED) - USD ($) $ in Thousands	3 Months Ended			6 Months Ended
	Jun. 30, 2023	Jun. 30, 2022	[1]	Jun. 30, 2023	Jun. 30, 2022	[1]
CONSOLIDATED STATEMENT OF LOSS AND OTHER COMPREHENSIVE INCOME
Revenue	$ 546,204	$ 467,683		$ 1,148,732	$ 913,815
Cost of sales	(278,093)	(270,611)		(584,781)	(521,200)
Administrative expenses	(100,721)	(102,852)		(198,003)	(193,414)
(Net loss allowance)/net reversal of loss allowance on trade receivables	(954)	(668)		(4,514)	1,800
Other income	161	2,967		336	4,137
Operating profit	166,597	96,519		361,770	205,138
Finance income	8,373	3,895		13,160	45,667
Finance costs	(1,366,012)	(261,886)		(1,542,979)	(380,902)
Loss before income tax	(1,191,042)	(161,472)		(1,168,049)	(130,097)
Income tax expense	(57,241)	(17,102)		(72,459)	(33,358)
Loss for the period	(1,248,283)	(178,574)		(1,240,508)	(163,455)
Loss attributable to:
Owners of the Company	(1,244,729)	(176,757)		(1,234,148)	(160,239)
Non-controlling interests	(3,554)	(1,817)		(6,360)	(3,216)
Loss for the period	$ (1,248,283)	$ (178,574)		$ (1,240,508)	$ (163,455)
Loss per share-basic	$ (3.73)	$ (0.53)		$ (3.71)	$ (0.49)
Loss per share-diluted	$ (3.73)	$ (0.53)		$ (3.71)	$ (0.49)
Items that may be reclassified to profit or loss
Fair value loss through other comprehensive income	$ 7			$ 7
Exchange differences on translation of foreign operations	580,767	$ (123,006)		624,959	$ 9,653
Other comprehensive income/(loss) for the period, net of taxes	580,774	(123,006)		624,966	9,653
Total comprehensive loss for the period	(667,509)	(301,580)		(615,542)	(153,802)
Total comprehensive loss attributable to:
Owners of the Company	(674,361)	(275,714)		(624,790)	(161,054)
Non-controlling interests	6,852	(25,866)		9,248	7,252
Total comprehensive loss for the period	$ (667,509)	$ (301,580)		$ (615,542)	$ (153,802)

[1]re-presented to reflect the remeasurement period adjustments, as required by IFRS 3, in respect of updates to the accounting for the GTS SP5 Acquisition in March 2022 and MTN SA Acquisition in May 2022.

CONDENSED CONSOLIDATED STATEM_2

CONDENSED CONSOLIDATED STATEMENT OF FINANCIAL POSITION (UNAUDITED) - USD ($) $ in Thousands	Jun. 30, 2023	Dec. 31, 2022	[1]
Non-current assets
Property, plant and equipment	$ 1,868,456	$ 2,075,441
Right of use assets	902,589	965,019
Goodwill	664,450	763,388
Other intangible assets	973,056	1,049,103
Fair value through other comprehensive income financial assets	11	10
Deferred income tax assets	59,250	78,369
Derivative financial instrument assets	7,232	6,121
Trade and other receivables	131,119	130,347
Non-current assets	4,606,163	5,067,798
Current assets
Inventories	32,625	74,216
Income tax receivable	2,187	1,174
Trade and other receivables	610,319	663,467
Cash and cash equivalents	433,048	514,078
Current assets	1,078,179	1,252,935
Total assets	5,684,342	6,320,733
Current liabilities
Trade and other payables	520,612	669,149
Provisions for other liabilities and charges	295	483
Derivative financial instrument liabilities	50,051	1,393
Income tax payable	59,443	70,008
Borrowings	437,337	438,114
Lease liabilities	88,321	87,240
Current liabilities	1,156,059	1,266,387
Non-current liabilities
Trade and other payables	2,320	1,459
Borrowings	3,028,771	2,906,288
Lease liabilities	504,118	518,318
Provisions for other liabilities and charges	87,739	84,533
Deferred income tax liabilities	154,588	183,518
Non-current liabilities	3,777,536	3,694,116
Total liabilities	4,933,595	4,960,503
EQUITY
Stated capital	5,401,385	5,311,953
Accumulated losses	(4,550,933)	(3,317,652)
Other reserves	(336,153)	(861,271)
Equity attributable to owners of the Company	514,299	1,133,030
Non-controlling interest	236,448	227,200
Total equity	750,747	1,360,230
Total liabilities and equity	$ 5,684,342	$ 6,320,733

[1]re-presented to reflect the remeasurement period adjustments, as required by IFRS 3, in respect of updates to the accounting for the MTN SA Acquisition in May 2022.

CONDENSED CONSOLIDATED STATEM_3

CONDENSED CONSOLIDATED STATEMENT OF CHANGES IN EQUITY (UNAUDITED) - USD ($) $ in Thousands		Equity attributable to owners of parent		Stated capital	Accumulated losses		Other reserves		Non-controlling interests		Total
Beginning balance, Equity at Dec. 31, 2021		$ 1,520,368		$ 5,223,484	$ (2,860,205)		$ (842,911)		$ 223,188		$ 1,743,556
Options converted to shares				86,470			(86,470)
Share-based payment expense		6,064					6,064				6,064
Other reclassifications related to share-based payment		(1,275)			1,560		(2,835)				(1,275)
Total transactions with owners of the Company		4,789		86,470	1,560		(83,241)				4,789
Loss for the period		(160,239)	[1]		(160,239)	[1]			(3,216)	[1]	(163,455)	[2]
Other comprehensive (loss)/income		(815)	[1]				(815)	[1]	10,468	[1]	9,653	[2]
Total comprehensive (loss)/income		(161,054)	[1]		(160,239)	[1]	(815)	[1]	7,252	[1]	(153,802)	[2]
Ending balance, Equity at Jun. 30, 2022	[1]	1,364,103		5,309,954	(3,018,884)		(926,967)		230,440		1,594,543
Beginning balance, Equity at Dec. 31, 2021		1,520,368		5,223,484	(2,860,205)		(842,911)		223,188		1,743,556
Options converted to shares							(88,469)
Share-based payment expense							13,423
Other comprehensive (loss)/income							59,521
Ending balance, Equity at Dec. 31, 2022		1,133,030		5,311,953	(3,317,652)		(861,271)		227,200		1,360,230	[3]
Options converted to shares				89,432			(89,432)
Share-based payment expense		6,618					6,618				6,618
Other reclassifications related to share-based payment		(559)			867		(1,426)				(559)
Total transactions with owners of the Company		6,059		89,432	867		(84,240)				6,059
Loss for the period		(1,234,148)			(1,234,148)				(6,360)		(1,240,508)
Other comprehensive (loss)/income		609,358					609,358		15,608		624,966
Total comprehensive (loss)/income		(624,790)			(1,234,148)		609,358		9,248		(615,542)
Ending balance, Equity at Jun. 30, 2023		$ 514,299		$ 5,401,385	$ (4,550,933)		$ (336,153)		$ 236,448		$ 750,747

[1]re-presented to reflect the remeasurement period adjustments, as required by IFRS 3, in respect of updates to the accounting for the GTS SP5 Acquisition in March 2022 and MTN SA Acquisition in May 2022.[2]re-presented to reflect the remeasurement period adjustments, as required by IFRS 3, in respect of updates to the accounting for the GTS SP5 Acquisition in March 2022 and MTN SA Acquisition in May 2022.[3]re-presented to reflect the remeasurement period adjustments, as required by IFRS 3, in respect of updates to the accounting for the MTN SA Acquisition in May 2022.

CONDENSED CONSOLIDATED STATEM_4

CONDENSED CONSOLIDATED STATEMENT OF CASH FLOWS (UNAUDITED) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2023	Jun. 30, 2022	Jun. 30, 2023		Jun. 30, 2022
Cash flows from operating activities
Cash from operations	$ 264,132	$ 216,800	$ 516,154		$ 383,407
Income taxes paid	(19,514)	(23,903)	(33,957)		(40,002)
Payment for rent	(658)	(1,587)	(2,943)		(4,130)
(Payment)/refund for tower and tower equipment decommissioning	(317)	4	(321)		142
Net cash generated from operating activities	243,643	191,314	478,933		339,417
Cash flow from investing activities
Purchase of property, plant and equipment	(163,185)	(96,980)	(268,602)		(162,856)
Payment in advance for property, plant and equipment	(34,346)	(37,074)	(70,148)		(87,913)
Purchase of software and licenses	(8,924)	(12,716)	(16,176)		(13,004)
Consideration paid on business combinations, net of cash acquired		(409,545)			(726,924)
Proceeds from disposal of property, plant and equipment	399	761	960		854
Insurance claims received	134	464	278		1,614
Interest income received	5,079	3,888	11,577		7,016
Deposit of short term deposits	(65,055)	(166,465)	(128,765)		(288,065)
Refund of short term deposits	3,994	100,121	20,723		151,582
Net cash used in investing activities	(261,904)	(617,546)	(450,153)		(1,117,696)
Cash flows from financing activities
Bank loans received	290,083	661,114	658,179		715,793
Bank loans repaid	(153,505)	(33,360)	(417,850)		(70,027)
Fees on loans and derivative instruments	(2,163)	(6,417)	(8,671)		(9,277)
Interest paid	(76,442)	(50,571)	(144,945)		(104,669)
Payment for the principal of lease liabilities	(24,523)	(14,402)	(44,745)		(29,751)
Interest paid for lease liabilities	(13,174)	(9,525)	(25,294)		(16,220)
Initial margin received on non-deliverable forwards	52	633	52		6,477
Profits received/(losses) settled on nondeliverable forwards	420	(284)	420		(3,025)
Net cash generated from financing activities	20,748	547,188	17,146		489,301
Net increase/(decrease) in cash and cash equivalents	2,487	120,956	45,926		(288,978)
Cash and cash equivalents at beginning of year	515,589	508,609	514,078	[1]	916,488
Effect of movements in exchange rates on cash	(85,028)	(62,267)	(126,956)		(60,212)
Cash and cash equivalents at end of year	$ 433,048	$ 567,298	$ 433,048		$ 567,298

[1]re-presented to reflect the remeasurement period adjustments, as required by IFRS 3, in respect of updates to the accounting for the MTN SA Acquisition in May 2022.

General Information

General Information	6 Months Ended
General Information	Jun. 30, 2023
General Information
General Information	1. The financial statements are the unaudited condensed consolidated interim financial statements (hereafter “financial statements”) of IHS Holding Limited (the “Company”) and its subsidiaries (together hereafter referred to as the “Group”). IHS Holding Limited is incorporated in the Cayman Islands under the Companies Act (as amended) as an exempted company with limited liability. The Company is domiciled in the Cayman Islands and the address of its registered office is 190 Elgin Avenue, George Town, Grand Cayman KY1-9008, Cayman Islands. The financial period represents the three and six months ended June 30, 2023, with the prior period representing the three and six months ended June 30, 2022. The financial statements are presented in U.S. Dollars ($) and all values are rounded to the nearest thousand, except where otherwise indicated.

Significant accounting policies

Significant accounting policies	6 Months Ended
Significant accounting policies	Jun. 30, 2023
Significant accounting policies
Significant accounting policies	2. 2.1 The financial statements for the three and six months ended June 30, 2023, have been prepared in accordance with International Accounting Standard 34, ‘Interim Financial Reporting’ (IAS 34), as issued by the International Accounting Standards Board (IASB). The financial statements do not amount to full financial statements and do not include all of the information and disclosures required for full annual financial statements. It should be read in conjunction with the consolidated annual financial statements of the Group for the year ended December 31, 2022, which have been prepared in accordance with International Financial Reporting Standards (IFRS) as issued by the IASB, as noted within note 2.1 of the consolidated annual financial statements. In management’s opinion, the accompanying financial statements contain all adjustments, consisting of only normal recurring adjustments, necessary for a fair statement of its financial position as of June 30, 2023, and its results of operations for the three and six months ended June 30, 2023, and 2022, cash flows for the three and six months ended June 30, 2023, and 2022, and statement of changes in equity for the six months ended June 30, 2023 and 2022. Certain amounts in the prior periods have been reclassified to conform to the current year presentation. The condensed consolidated statement of financial position as at December 31, 2022, was derived from audited annual financial statements but does not contain all of the footnote disclosures from the annual financial statements. 2.2 These condensed consolidated interim financial statements were authorized and approved for issue on August 14, 2023. 2.3 Taxes on income in the interim periods are accrued using the tax rate that would be applicable to expected total annual profit or loss. 2.4 The accounting policies adopted are consistent with those of the previous financial year and corresponding interim reporting period, except the new standards, amendments and interpretations adopted by the Group during the period. (a) The Group has applied the following standards and amendments for the first time for its interim reporting period commencing January 1, 2023: ● IFRS 17 Insurance Contracts ● Definition of Accounting Estimates - Amendments to IAS 8 ● Disclosure of Accounting Policies - Amendments to IAS 1 and IFRS Practice Statement 2 ● Deferred Tax related to Assets and Liabilities arising from a Single Transaction – Amendments to IAS 12 The amendments to standards listed above did not have any material impact on the Group’s interim financial statements. However, the Group is in the process of analyzing the impact of the amendments to IAS 12 which are expected to impact the gross values of deferred tax assets and deferred tax liabilities disclosed in the notes to the annual financial statements at year end. Other than this, we do not expect this amendment to have any material impact on the net assets of the Group. (b) ● International Tax Reform – Pillar Two Model Rules – Amendments to IAS 12 The Organisation for Economic Co-operation and Development (OECD) has published Pillar 2 Global Anti-Base Erosion Rules (GloBE) relating to global minimum taxation, scheduled to apply to the Group from the year ended 31 December 2024, regarding the future taxation of large multinationals such as IHS Holding Limited. All participating OECD members are required to incorporate these rules into national legislation. This will apply a minimum 15% income tax rate applicable in each jurisdiction in which the Group operates. The International Accounting Standards Board has amended IAS 12 ‘Income Taxes’ to include a mandatory exemption from recognizing deferred tax and liabilities relating to Pillar Two income taxes. The quantitative impact on the Group is still under investigation. 2.5 Operating segments are components of IHS’ business activities about which separate financial statements are available and reported internally to the chief operating decision maker. The Group’s Executive Committee has been identified as the chief operating decision maker, responsible for allocating resources and assessing performance of the operating segments. The Group’s Executive Committee currently consists of the Chief Executive Officer (“CEO”), the Chief Operating Officer (“COO”), the Chief Financial Officer (“CFO”), the General Counsel, the IHS Nigeria CEO, the Chief Strategy Officer, the Chief Human Resource Officer and the Executive Vice President of Communications. Where operating segments share similar characteristics, they have been aggregated into reportable segments, of which the Group has identified four: Nigeria, Sub-Saharan Africa (“SSA”), Middle East and North Africa (“MENA”) and Latin America (“Latam”).

Critical accounting estimates a

Critical accounting estimates and assumptions	6 Months Ended
Critical accounting estimates and assumptions	Jun. 30, 2023
Critical accounting estimates and assumptions
Critical accounting estimates and assumptions	3. The preparation of interim financial statements requires management to make certain judgements, accounting estimates and assumptions that affect the amounts reported for the assets and liabilities at the reporting date and the amounts reported for revenues and expenses during the period. The nature of the estimation means that actual outcomes could differ from those estimates. In preparing these condensed consolidated interim financial statements, the significant judgements made by management in applying the Group’s accounting policies and the key sources of estimation uncertainty were the same, except as mentioned below, as those that applied to the consolidated financial statements for the year ended December 31, 2022. (a) As part of their regular assessment of the Group’s liquidity and financing position, the Directors have prepared detailed forecasts for a period which extends beyond 12 months after the date of approval of these financial statements. In assessing the forecasts, the Directors have considered: ● the current economic conditions in the operating markets and the impact on trading performance; ● the impact of macroeconomic factors, particularly interest rates and foreign exchange rates, and the ongoing Russia and Ukraine conflict, such as on global diesel prices and supply chains for raw materials such as steel and for equipment, including batteries (the Group has no operations in Ukraine or trading with sanctioned individuals and companies ); ● the status of the Group’s financial arrangements (see also note 19); ● mitigating actions available should business activities fall behind current expectations; and ● additional sensitivity analysis under a stressed scenario to assess the impact of a severe but plausible downside case. In addition, the Directors have considered the following: ● The Group has cash and cash equivalents of $433.0 million as at June 30, 2023; ● Management has assessed current cash reserves and the availability of undrawn facilities and continues to monitor available liquidity in the context of ongoing operational requirements and planned capital expenditure; ● All of the Group’s operations are cash generative; and ● Our IT team monitors the risk of fraud, data or security breaches, loss of data and the potential for other cyber-related attacks and utilizes security measures to mitigate such risks. Having carefully considered the factors noted above, the Directors have a reasonable expectation that the Group and the Company have adequate resources to continue in operational existence for at least 12 months from the date of issuance of these financial statements and to operate within the covenant levels of its current debt facilities. The Directors therefore continue to consider it appropriate to adopt the going concern basis of accounting in preparing the financial statements. (b ) Assessment of appropriate foreign exchange rate In mid-June 2023, the Central Bank of Nigeria announced the unification of all segments of the foreign exchange market by replacing the old regime of multiple exchange rate “windows” for different purposes with, in effect, a market rate. The unification of the Nigeria foreign exchange market was aimed at eliminating multiple “windows” and to allow foreign exchange transactions to be determined by market forces via a single Import and Export (“I&E”) window. The Group uses the USD/NGN rate published by Bloomberg, which is approximately aligned to the I&E window rate, for the translation of USD transactions and denominated balances in the Nigerian subsidiaries and also for consolidation purposes.

Capital risk management

Capital risk management	6 Months Ended
Capital risk management	Jun. 30, 2023
Capital risk management
Capital risk management	4. The Group’s activities expose it to a variety of financial risks including market risk (foreign exchange risk and interest rate risk), credit risk and liquidity risk. The financial statements do not include all financial risk management information and disclosures required in annual financial statements, and should be read in conjunction with the Group’s annual financial statements for the year ended December 31, 2022. There have been no changes in any risk management policies since December 31, 2022. Fair value hierarchy The table below analyzes financial instruments carried at fair value, by valuation method. The different levels have been defined as follows: ◾ Quoted prices (unadjusted) in active markets for identical assets or liabilities (level 1). ◾ Inputs other than quoted prices included within level 1 that are observable for the asset or liability, either directly (that is, as prices) or indirectly (that is, derived from prices) (level 2). ◾ Inputs for the asset or liability that are not based on observable market data (that is unobservable inputs) (level 3). The following tables present the Group’s financial instruments that are measured at fair value at June 30, 2023 and at December 31, 2022. June 30, 2023 Level 1 Level 2 Total $’000 $’000 $’000 Fair value through other comprehensive income financial assets 11 — 11 Interest rate caps (note 16) — 1,182 1,182 Embedded options within listed bonds (note 16) — 6,050 6,050 Foreign exchange swaps (note 16) — (50,051) (50,051) 11 (42,819) (42,808) December 31, 2022 Level 1 Level 2 Total $’000 $’000 $’000 Fair value through other comprehensive income financial assets 10 — 10 Interest rate caps (note 16) — 821 821 Embedded options within listed bonds (note 16) — 5,300 5,300 Foreign exchange swaps (note 16) — (1,393) (1,393) 10 4,728 4,738 As at the end of the reporting period, the Group had both level 1 and level 2 financial instruments. Financial instruments in level 1 The fair value of financial instruments traded in active markets is based on quoted market prices at the reporting date. A market is regarded as active if quoted prices are readily and regularly available from an exchange, dealer, broker, or regulatory agency, and those prices represent actual and regularly occurring market transactions on an arm’s length basis. The quoted market price used for financial assets held by the Group is the current bid price. These instruments are included in level 1. Instruments included in level 1 comprise investment in marketable securities classified as fair value through other comprehensive income financial assets. Financial instruments in level 2 The fair value of financial instruments that are not traded in an active market (for example, over-the-counter derivatives) is determined by using valuation techniques. These valuation techniques maximize the use of observable market data where it is available and rely as little as possible on entity specific estimates. If all significant inputs required to fair value an instrument are observable, the instrument is included in level 2. Instruments included in level 2 comprise primarily of foreign exchange swaps, interest rate caps and options embedded in the bonds. Their fair values are determined based on mark to market values provided by the counterparty financial institutions or valuation techniques using observable market data. Fair value estimation At June 30, 2023 At December 31, 2022 Carrying Fair Carrying Fair Value Value Value Value $’000 $’000 $’000 $’000 Financial liabilities Bank and bond borrowings (note 19) 3,466,108 3,225,578 3,344,402 3,116,193 3,466,108 3,225,578 3,344,402 3,116,193 The fair values of non-current liabilities are based on discounted cash flows using a current borrowing rate. The fair values of current assets and current liabilities are not materially different from their carrying values.

Segment reporting

Segment reporting	6 Months Ended
Segment reporting	Jun. 30, 2023
Segment reporting
Segment reporting	5. Segment reporting The Group’s Executive Committee, identified as the chief operating decision maker (“CODM”), reviews and evaluates the Group’s performance from a business perspective according to how the geographical locations are managed. Regional and operating company management are responsible for managing performance, underlying risks, and effectiveness of operations. Regions are broadly based on a scale and geographic basis because the Group’s risks and rates of return are affected predominantly by the fact that the Group operates in different geographical areas, namely Nigeria as the major market, Cameroon, Côte d’Ivoire, Rwanda, South Africa and Zambia, as our SSA business, Kuwait and Egypt as our MENA business and Brazil, Colombia and Peru as our Latam business. The Executive Committee reviews the Company’s internal reporting to assess performance and allocate resources. Management has determined the operating segments based on these reports. The CODM has identified four operating segments: ◾ Nigeria ◾ SSA, which comprises operations in Cameroon, Côte d’Ivoire, Rwanda, South Africa and Zambia ◾ Latam, which comprises operations in Brazil, Colombia and Peru ◾ MENA, which comprises operations in Kuwait and Egypt. Although full operations in Egypt have not commenced, the business has incurred some startup costs. All operating segments are engaged in the business of leasing tower space for communication equipment and capacity leasing and services on fixed broadband networks to Mobile Network Operators (MNOs) and other customers (internet service providers, security functions or private corporations) and provide managed services in limited situations, such as maintenance, operations and leasing services, for certain towers owned by third parties within their respective geographic areas. However, they are managed and grouped within the four operating segments, which are primarily distinguished by reference to the scale of operations, to the similarity of their future prospects and long-term financial performance (i.e. margins and geographic basis). The CODM primarily uses a measure of Segment Adjusted EBITDA (defined as profit/(loss) for the period, before income tax expense/(benefit), finance costs and income, depreciation and amortization, impairment of withholding tax receivables, business combination transaction costs, impairment of property, plant and equipment and related prepaid land rent on the decommissioning of sites, reversal of provision for decommissioning costs, net (profit)/loss on sale of assets, share based payment (credit)/expense, insurance claims, listing costs and certain other items that management believes are not indicative of the core performance of our business). The most directly comparable IFRS measure to Adjusted EBITDA is our profit/(loss) for the period. The CODM also regularly receives information about the Group’s revenue, assets and liabilities. The Group has additional corporate costs which do not meet the quantitative thresholds to be separately reported and which are aggregated in ‘Other’ in the reconciliation of financial information presented below. These include costs associated with centralized Group functions including Group executive, legal, finance, tax and treasury services. There are no revenue transactions which occur between operating segments. Intercompany finance income, finance costs and loans are not included in the amounts below. The segment’s assets and liabilities are comprised of all assets and liabilities attributable to the segment, based on the operations of the segment and the physical location of the assets, including goodwill and other intangible assets and are measured in the same way as in the financial statements. Other assets and liabilities that are not attributable to Nigeria, SSA, Latam and MENA segments consist principally of amounts excluded from specific segments including costs incurred for and by Group functions not attributable directly to the operations of the reportable segments, share-based payment and any amounts due on debt held at Group level as the balances are not utilized in assessing each segment’s performance. Summarized financial information for the six months ended June 30, 2023 is as follows: 2023 Nigeria SSA Latam MENA Other Total $’000 $’000 $’000 $’000 $’000 $’000 Revenues from external customers 789,570 245,553 93,993 19,616 — 1,148,732 Segment Adjusted EBITDA 510,327 128,417 66,502 9,050 (75,042) 639,254 Depreciation and amortization (note 6 and 7) (235,450) Net gain on disposal of property, plant and equipment (note 7) 566 Insurance claims (note 9) 278 Net impairment of property, plant and equipment and prepaid land rent (note 6) (5,081) Impairment of withholding tax receivables (note 7) (24,604) Business combination transaction costs (note 7) (1,486) Other costs (a) (4,848) Share ‑ (6,917) Finance income (note 10) 13,160 Finance costs (note 11) (1,542,979) Other income (note 9) 58 Loss before income tax (1,168,049) Additions of property, plant and equipment, right of use assets and intangible assets: - in the normal course of business 217,165 52,980 99,139 8,812 Segment assets (at June 30, 2023) 1,598,556 1,542,837 2,074,469 178,333 Segment liabilities (at June 30, 2023) 910,389 838,874 633,811 111,541 (a) Other costs for the six months ended June 30, 2023 included one off consulting fees related to corporate structures and operating systems of $2.8 million, non-recurring consulting services of $1.0 million and non-recurring professional fees related to financing of $0.2 million. Summarized financial information for the six months ended June 30, 2022 is as follows: 2022 Nigeria SSA Latam MENA Other Total $’000 $’000 $’000 $’000 $’000 $’000 Revenues from external customers 641,781 180,530 74,013 17,491 — 913,815 Segment Adjusted EBITDA* 386,717 99,989 53,017 7,788 (63,463) 484,048 Depreciation and amortization (note 6 and 7) (222,699) Net loss on disposal of property, plant and equipment (note 7) (13,784) Insurance claims (note 9) 1,616 Net reversal of impairment of property, plant and equipment and prepaid land rent (note 6) 1,331 Impairment of withholding tax receivables (note 7) (27,717) Business combination transaction costs (note 7) (14,039) Other costs (a) (514) Share ‑ (5,625) Finance income (note 10) 45,667 Finance costs (note 11) (380,902) Other income (note 9) 2,521 Loss before income tax (130,097) Additions of property, plant and equipment, right of use assets and intangible assets: - through business combinations* — 719,219 386,460 — - in the normal course of business 128,189 52,171 51,126 12,346 Segment assets (at June 30, 2022)* 2,279,885 1,736,548 1,948,501 176,422 Segment liabilities (at June 30, 2022)* 922,197 964,570 599,485 105,967 (a) Other costs for the six months ended June 30, 2022 included professional costs related to Sarbanes-Oxley (SOX) implementation costs. re-presented to reflect the remeasurement period adjustments, as required by IFRS 3, in respect of updates to the accounting for the TIM Fiber Acquisition in November 2021, the GTS SP5 Acquisition in March 2022 and the MTN SA Acquisition in May 2022. Summarized financial information for the three months ended June 30, 2023 is as follows: 2023 Nigeria SSA Latam MENA Other Total $’000 $’000 $’000 $’000 $’000 $’000 Revenues from external customers 364,592 123,393 48,344 9,875 — 546,204 Segment Adjusted EBITDA 238,448 62,933 35,330 5,384 (38,385) 303,710 Depreciation and amortization (note 6 and 7) (116,494) Net loss on disposal of property, plant and equipment (note 7) (168) Insurance claims (note 9) 133 Net impairment of property, plant and equipment and prepaid land rent (note 6) (935) Impairment of withholding tax receivables (note 7) (13,349) Business combination transaction costs (note 7) (27) Other costs (a) (2,673) Share ‑ (3,628) Finance income (note 10) 8,373 Finance costs (note 11) (1,366,012) Other income (note 9) 28 Loss before income tax (1,191,042) Additions of property, plant and equipment, right of use assets and intangible assets: - in the normal course of business 137,078 25,209 56,214 5,485 Segment assets (at June 30, 2023) 1,598,556 1,542,837 2,074,469 178,333 Segment liabilities (at June 30, 2023) 910,389 838,874 633,811 111,541 (a) Other costs for the three months ended June 30, 2023 included one off consulting fees related to corporate structures and operating systems of $1.2 million and non-recurring consulting services of $1.0 million . Summarized financial information for the three months ended June 30, 2022 is as follows: 2022 Nigeria SSA Latam MENA Other Total $’000 $’000 $’000 $’000 $’000 $’000 Revenues from external customers 321,125 94,902 42,780 8,876 — 467,683 Segment Adjusted EBITDA 183,698 52,990 30,904 4,170 (32,586) 239,176 Depreciation and amortization (note 6 and 7) (114,859) Net loss on disposal of property, plant and equipment (note 7) (13,617) Insurance claims (note 9) 466 Net reversal of impairment of property, plant and equipment and prepaid land rent (note 6) 3,514 Impairment of withholding tax receivables (note 7) (12,932) Business combination transaction costs (note 7) (5,679) Share ‑ (2,051) Finance income (note 10) 3,895 Finance costs (note 11) (261,886) Other income (note 9) 2,501 Loss before income tax (161,472) Additions of property, plant and equipment, right of use assets and intangible assets: - through business combinations* — 719,219 — — - in the normal course of business 72,039 39,254 23,918 7,691 Segment assets (at June 30, 2022)* 2,279,885 1,736,548 1,948,501 176,422 Segment liabilities (at June 30, 2022)* 922,197 964,570 599,485 105,967 *re-presented to reflect the remeasurement period adjustments, as required by IFRS 3, in respect of updates to the accounting for the TIM Fiber Acquisition in November 2021, the GTS SP5 Acquisition in March 2022 and the MTN SA Acquisition in May 2022. Revenue from two tier one customers represents approximately 10% or more of the Group’s total revenue as follows: Three months ended Six months ended June 30, June 30, June 30, June 30, 2023 2022 2023 2022 $’000 $’000 Customer A 61 % 62 % 59 % 62 % Customer B 18 % 16 % 17 % 16 %

Cost of sales

Cost of sales	6 Months Ended
Cost of sales	Jun. 30, 2023
Cost of sales [abstract]
Cost of sales	6. Three months ended Six months ended June 30, June 30, June 30, June 30, 2023 2022* 2023 2022* $’000 $’000 $’000 $’000 Tower repairs and maintenance 29,534 21,460 57,398 43,257 Power generation 98,642 104,698 213,932 192,254 Short term rental 2,007 6,368 5,590 10,216 Vehicle maintenance and repairs 498 577 1,061 1,034 Site regulatory permits 10,237 7,009 21,197 18,041 Security services 11,308 9,946 24,106 19,338 Insurance 1,247 1,229 2,554 2,397 Staff costs 8,355 7,927 18,145 15,210 Travel costs 2,734 833 6,214 1,241 Professional fees 660 620 1,201 1,903 Depreciation (note 14)** 100,319 100,712 203,973 195,959 Amortization (note 15) 11,709 11,302 22,963 18,949 Net impairment/(reversal of impairment) of property, plant and equipment and prepaid land rent 935 (3,514) 5,081 (1,331) Other (92) 1,444 1,366 2,732 278,093 270,611 584,781 521,200 Foreign exchange gains and losses on cost of sales are included in Other. re-presented to reflect the remeasurement period adjustments, as required by IFRS 3, in respect of updates to the accounting for the GTS SP5 Acquisition in March 2022 and MTN SA Acquisition in May 2022. *

Administrative expenses

Administrative expenses	6 Months Ended
Administrative expenses	Jun. 30, 2023
Administrative expenses.
Administrative expenses	7. Three months ended Six months ended June 30, June 30, June 30, June 30, 2023 2022 2023 2022 $’000 $’000 $’000 $’000 Facilities, short term rental and upkeep 10,033 8,863 21,188 16,891 Depreciation (note 14) 3,058 2,282 5,718 4,391 Amortization (note 15) 1,408 563 2,796 3,400 Travel costs 3,534 4,182 6,678 6,659 Staff costs 38,725 31,718 76,555 61,849 Key management compensation 4,033 3,968 8,240 8,323 Share‑based payment expense 3,628 2,051 6,917 5,625 Professional fees 15,742 10,150 29,403 18,470 Business combination transaction costs 27 5,679 1,486 14,039 Impairment of withholding tax receivables* 13,349 12,932 24,604 27,717 Net loss/(gain) on disposal of property, plant and equipment 168 13,617 (566) 13,784 Operating taxes 36 138 116 341 Other 6,980 6,709 14,868 11,925 100,721 102,852 198,003 193,414 * Withholding tax receivables were impaired following the Group’s assessment of the recoverability of withholding tax assets based on a five-year cash flow projection and an analysis of the utilization of withholding tax balances against future income tax liabilities. Foreign exchange gains and losses on administrative expenses are included in Other.

(Loss allowance)_reversal of lo

(Loss allowance)/reversal of loss allowance on trade receivables	6 Months Ended
	Jun. 30, 2023
(Loss allowance)/reversal of loss allowance on trade receivables
(Loss allowance)/reversal of loss allowance on trade receivables	8. The loss allowance for the six months ended June 30, 2023 is $4.5 million (six months ended June 30, 2022: reversal of loss allowance of $1.8 million) and the loss allowance for the three months ended June 30, 2023 is $1.0 million (three months ended June 30, 2022: loss allowance of $0.7 million). This represents the net impact of new or increased provisions for balances now assessed as doubtful partially offset by the reversal of allowances made in previous periods in respect of balances recovered in the period or no longer considered doubtful.

Other income

Other income	6 Months Ended
Other income	Jun. 30, 2023
Other income.
Other income	9. Three months ended Six months ended June 30, June 30, June 30, June 30, 2023 2022 2023 2022 $’000 $’000 $’000 $’000 Insurance claims 133 466 278 1,616 Other income 28 2,501 58 2,521 161 2,967 336 4,137

Finance income

Finance income	6 Months Ended
Finance income	Jun. 30, 2023
Finance income.
Finance income	10. Three months ended Six months ended June 30, June 30, June 30, June 30, 2023 2022 2023 2022 $’000 $’000 $’000 $’000 Interest income—bank deposits 5,079 3,888 11,577 7,016 Net foreign exchange gain on derivative instruments—realized 420 7 420 — Net foreign exchange gain arising from financing – unrealized — — — 38,651 Fair value gain on embedded options and interest rate caps 2,874 — 1,163 — 8,373 3,895 13,160 45,667

Finance Costs

Finance Costs	6 Months Ended
Finance Costs	Jun. 30, 2023
Finance costs.
Finance costs	11. Three months ended Six months ended June 30, June 30, June 30, June 30, 2023 2022* 2023 2022* $’000 $’000 $’000 $’000 Interest expenses—third party loans 90,407 55,203 174,991 110,314 Interest expense - withholding tax paid on bond interest 6,741 4,364 6,741 4,364 Unwinding of discount on decommissioning liability 2,320 1,434 4,581 2,667 Interest and finance charges paid/payable for lease liabilities 16,307 13,241 31,202 22,800 Net foreign exchange loss arising from financing—unrealized 1,123,669 73,188 1,150,370 — Net foreign exchange loss arising from financing—realized 61,639 53,905 107,052 63,678 Net foreign exchange loss on derivative instruments—unrealized 62,439 2,114 62,109 3,374 Net foreign exchange loss on derivative instruments—realized — — — 1,130 Fair value loss on embedded options — 53,330 — 162,330 Fees on loans and financial derivatives 2,490 5,107 5,933 10,245 1,366,012 261,886 1,542,979 380,902 *re-presented to reflect the remeasurement period adjustments, as required by IFRS 3, in respect of updates to the accounting for the MTN SA Acquisition in May 2022.

Taxation

Taxation	6 Months Ended
Taxation	Jun. 30, 2023
Income Tax Expense
Taxation	12. Three months ended Six months ended June 30, June 30, June 30, June 30, 2023 2022* 2023 2022* $’000 $’000 $’000 $’000 Current taxes on income 27,609 22,539 62,917 52,008 Deferred income taxes 29,632 (5,437) 9,542 (18,650) Total taxes 57,241 17,102 72,459 33,358 Income tax expense is recognized in each interim period based on tax computations for each group entity based upon the profit or loss before tax in the period. Adjustments for material temporary and permanent differences are made by reference to the relevant tax rules, making suitable pro-rated adjustments for rates applying on an annual basis for the full financial year under the tax rules. Accordingly, interim period income tax expense is accrued at the effective tax rate that would be applicable to the pre-tax income of the interim period. *re-presented to reflect the remeasurement period adjustments, as required by IFRS 3, in respect of updates to the accounting for the GTS SP5 Acquisition in March 2022 and MTN SA Acquisition in May 2022.

Loss per share

Loss per share	6 Months Ended
Loss per share	Jun. 30, 2023
Income per share
Loss per share	13. The following table sets forth basic and diluted net loss per common share computational data (in thousands, except per share data): Three months ended Six months ended June 30, June 30, June 30, June 30, 2023 2022* 2023 2022* Loss attributable to equity holders ($’000) (1,248,283) (178,574) (1,240,508) (163,455) Less: allocation of loss to non‑controlling interest ($’000) (3,554) (1,817) (6,360) (3,216) Loss attributable to IHS common shareholders ($’000) (1,244,729) (176,757) (1,234,148) (160,239) Basic weighted average shares outstanding (‘000) 334,108 331,688 333,053 330,128 Potentially dilutive securities (‘000) 1,583 3,467 2,538 4,648 Potentially dilutive weighted average common shares outstanding (‘000) 335,691 335,155 335,591 334,776 Loss per share: Basic loss per share ($) (3.73) (0.53) (3.71) (0.49) Diluted loss per share ($) (3.73) (0.53) (3.71) (0.49) Potentially dilutive securities include share-based compensation options, but for the six and three months ended June 30, 2023, and the six and three months ended June 30, 2022, these securities were anti-dilutive and thus do not impact diluted loss per share. *re-presented to reflect the remeasurement period adjustments, as required by IFRS 3, in respect of updates to the accounting for the GTS SP5 Acquisition in March 2022 and MTN SA Acquisition in May 2022.

Property, plant and equipment

Property, plant and equipment	6 Months Ended
Property, plant and equipment	Jun. 30, 2023
Property, plant and equipment.
Property, plant and equipment	14. Total (excluding Towers Land Furniture Capital Right of and tower Fiber and and office Motor work in use Right of equipment assets buildings equipment vehicles progress asset) use assets $’000 $’000 $’000 $’000 $’000 $’000 $’000 $’000 Cost At January 1, 2022 2,829,528 250,690 56,268 22,198 23,458 146,353 3,328,495 650,504 Additions during the year * (20,994) 70,905 1,489 7,453 6,961 350,512 416,326 100,832 Additions through business combinations (note 27) /*** 266,110 — 885 — — — 266,995 478,602 Reclassification 176,625 10,991 1,992 4,231 — (193,839) — — Transfer from advance payments 100,578 16,412 6,754 33 — 2,008 125,785 — Disposals* (239,350) — — (459) (1,286) — (241,095) (17,755) Effects of movement in exchange rates *** (150,930) 15,184 (3,802) (1,148) (1,856) (17,876) (160,428) (47,003) At December 31, 2022* 2,961,567 364,182 63,586 32,308 27,277 287,158 3,736,078 1,165,180 At January 1, 2023 2,961,567 364,182 63,586 32,308 27,277 287,158 3,736,078 1,165,180 Additions during the period * 19,806 8,785 1,292 1,082 2,421 247,685 281,071 49,009 Reclassification 71,540 53,424 3,806 (3,025) 84 (125,829) — — Transfer from advance payments 24,763 15 1,446 — — 14,142 40,366 — Disposals* (3,426) (33,439) — (1,133) (1,551) — (39,549) (10,945) Effects of movement in exchange rates (649,820) 10,465 (22,854) (5,616) (7,332) (120,169) (795,326) (89,904) At June 30, 2023 2,424,430 403,432 47,276 23,616 20,899 302,987 3,222,640 1,113,340 Accumulated depreciation and impairment At January 1, 2022 1,575,315 5,354 1,637 17,157 14,771 — 1,614,234 129,853 Charge for the year** 268,999 54,152 315 5,800 4,610 — 333,876 88,615 Impairment 34,702 201 — — — — 34,903 3,151 Disposals* (234,117) — — (301) (1,272) — (235,690) (13,237) Effects of movement in exchange rates *** (83,573) (675) (119) (1,219) (1,100) — (86,686) (8,221) At December 31, 2022* 1,561,326 59,032 1,833 21,437 17,009 — 1,660,637 200,161 At January 1, 2023 1,561,326 59,032 1,833 21,437 17,009 — 1,660,637 200,161 Charge for the period 125,076 31,457 143 1,795 2,229 — 160,700 49,227 Net impairment/(reversal of impairment) 4,360 481 — (3) — — 4,838 243 Disposals* (2,915) (32,374) — (1,129) (1,457) — (37,875) (7,184) Effects of movement in exchange rates (431,830) 7,079 (705) (4,504) (4,156) — (434,116) (31,696) At June 30, 2023 1,256,017 65,675 1,271 17,596 13,625 — 1,354,184 210,751 Net book value At December 31, 2022**** 1,400,241 305,150 61,753 10,871 10,268 287,158 2,075,441 965,019 At June 30, 2023 1,168,413 337,757 46,005 6,020 7,274 302,987 1,868,456 902,589 * The disposals value of right of use assets represents disposals due to terminated leases and the impact of remeasurement of lease assets as a result of changes in lease terms. The charge for the period does not agree to the charge in the condensed consolidated statement of loss and other comprehensive income/(loss) due to the indirect taxes benefit of $0.2 million in IHS Brasil Cessão de Infraestruturas S.A. claimed through depreciation over the useful life of the asset. * Includes net movements in assets relating to the decommissioning and site restoration provision. **Includes subsequent asset acquisitions on business combination transactions. ***re-presented to reflect the remeasurement period adjustments, as required by IFRS 3, in respect of updates to the accounting for the MTN SA Acquisition in May 2022. Capital work-in-progress comprises mainly of tower and tower equipment still under construction and not yet available for use. The Group transfers such assets to the appropriate class once they are available for use. There were no qualifying borrowing costs capitalized during the year. The impairment in the period ended June 30, 2023 and year ended December 31, 2022 is primarily driven by the rationalization program agreed with a Key Customer which resulted in the impairment of the related Towers. The impairment losses have been recognized in cost of sales in the consolidated statement of loss and other comprehensive income/(loss) .

Goodwill and other intangible a

Goodwill and other intangible assets	6 Months Ended
Goodwill and other intangible assets	Jun. 30, 2023
Goodwill and other intangible assets
Goodwill and other intangible assets	15. Customer ‑ Network ‑ related related intangible intangible Goodwill assets assets Licenses Software Total $’000 $’000 $’000 $’000 $’000 $’000 Cost At January 1, 2022 780,147 877,764 107,202 17,706 23,798 1,806,617 Additions during the year — — — 14,772 6,413 21,185 Additions through business combinations (note 27)/ 119,035 171,765 72,932 — — 363,732 Disposals — — — (4) (395) (399) Effects of movement in exchange rates * (13,543) (18,163) (4,844) (1,886) (572) (39,008) At December 31, 2022* 885,639 1,031,366 175,290 30,588 29,244 2,152,127 At January 1, 2023 885,639 1,031,366 175,290 30,588 29,244 2,152,127 Additions during the period — — — 2,917 7,812 10,729 Disposals — — — (17) — (17) Effects of movement in exchange rates (89,642) (87,391) (12,153) (290) (3,560) (193,036) At June 30, 2023 795,997 943,975 163,137 33,198 33,496 1,969,803 Accumulated amortization and impairment At January 1, 2022 251 131,568 21,885 6,877 20,411 180,992 Charge for the year — 36,169 6,936 2,598 1,627 47,330 Disposals — — — (4) (394) (398) Impairment charge for the year 121,596 — — — — 121,596 Effects of movement in exchange rates 404 (8,335) (1,245) (395) (313) (9,884) At December 31, 2022 122,251 159,402 27,576 9,076 21,331 339,636 At January 1, 2023 122,251 159,402 27,576 9,076 21,331 339,636 Charge for the period — 17,956 3,790 3,255 758 25,759 Disposals — — — (17) — (17) Effects of movement in exchange rates 9,296 (32,570) (5,763) 203 (4,247) (33,081) At June 30, 2023 131,547 144,788 25,603 12,517 17,842 332,297 Net book value At December 31, 2022*** 763,388 871,964 147,714 21,512 7,913 1,812,491 At June 30, 2023 664,450 799,187 137,534 20,681 15,654 1,637,506 Network-related intangible assets represent future income from leasing excess tower capacity to new Tenants. Customer-related intangible assets represent customer contracts and relationships. * Includes subsequent asset acquisitions on business combination transactions. The carrying amount of the IHS Latam tower business group of CGUs was reduced to its recoverable amount through the recognition of an impairment loss against goodwill. *re-presented to reflect the remeasurement period adjustments, as required by IFRS 3, in respect of updates to the accounting for the MTN SA Acquisition in May 2022.

Derivative financial instrument

Derivative financial instruments	6 Months Ended
Derivative financial instruments	Jun. 30, 2023
Derivative financial instruments
Derivative financial instruments	16. The derivative instruments have been classified as fair value through profit or loss. The instruments are measured at fair value with the resultant gains or losses recognized in the condensed consolidated statement of loss and other comprehensive income/(loss). The related net foreign exchange gain/(loss) is included in finance income (note 10) and finance costs (note 11). The underlying contractual notional amounts for the derivative instruments are as follows, at December 31, 2022 and at June 30, 2023: June 30, December 31, 2023 2022 $’000 $’000 Derivative instruments Foreign exchange swaps 125,000 160,448 Embedded options within listed bonds 1,940,000 1,940,000 2,065,000 2,100,448 The fair value balances are as follows: June 30, December 31, 2023 2022 $’000 $’000 Derivative instruments Foreign exchange swaps (50,051) (1,393) Interest rate caps 1,182 821 Embedded options within listed bonds 6,050 5,300 (42,819) 4,728 The change in fair value of the derivative instruments has been recorded in the condensed consolidated statement of loss and other comprehensive income/(loss) as follows: Three months ended Six months ended June 30, June 30, June 30, June 30, 2023 2022 2023 2022 $’000 $’000 $’000 $’000 Derivative instruments Foreign exchange swaps/non-deliverable forwards (62,439) (2,114) (62,109) (3,374) Interest rate caps 564 — 413 — Embedded options within listed bonds 2,310 (53,330) 750 (162,330) (59,565) (55,444) (60,946) (165,704)

Trade and other receivables

Trade and other receivables	6 Months Ended
Trade and other receivables	Jun. 30, 2023
Trade and other receivables
Trade and other receivables	17. June 30, December 31, 2023 2022 $’000 $’000 Current Trade receivables 212,458 236,390 Less: impairment provisions (18,420) (25,365) Net trade receivables* 194,038 211,025 Other receivables** 347,248 387,019 Prepaid land rent 1,110 1,030 Other prepaid expenses 26,917 26,820 Advance payments 26,224 22,076 Withholding tax 1,198 1,201 VAT receivables 13,584 14,296 610,319 663,467 Non ‑ current Accrued income and lease incentive 44,452 35,321 Other tax receivables 6,053 5,945 Payment in advance for property, plant and equipment 74,209 83,118 Contingent consideration receivable 6,405 5,963 131,119 130,347 * The fair value is equal to their carrying amount. ** Included in other receivables are margins on non-deliverable forward contracts and short-term fixed deposits which are not classified as cash and cash equivalents as it exceeds the three-month maturity period. Payment in advance for property, plant and equipment relates to the future supply of tower and tower equipment and fiber assets. All non-current receivables are due within twenty years

Trade and other payables

Trade and other payables	6 Months Ended
Trade and other payables	Jun. 30, 2023
Trade and other payables.
Trade and other payables	18. June 30, December 31, 2023 2022 $’000 $’000 Current Trade payables 344,526 442,959 Deferred revenue 54,179 86,363 Withholding tax payable 2,977 5,820 Payroll and other related statutory liabilities 32,967 45,331 VAT payables 32,900 51,103 Other payables 53,063 37,573 520,612 669,149 Non ‑ current Other payables 2,320 1,459 2,320 1,459

Borrowings

Borrowings	6 Months Ended
Borrowings	Jun. 30, 2023
Borrowings.
Borrowings	19. June 30, December 31, 2023 2022 $’000 $’000 Non ‑ current Senior Notes 1,927,619 1,920,783 Bank borrowings 1,101,152 985,505 External debt 3,028,771 2,906,288 Current Senior Notes 26,620 27,060 Bank borrowings 112,598 213,576 Letters of credit 298,119 197,478 External debt 437,337 438,114 Total borrowings 3,466,108 3,344,402 External debt External debt is made up of the following: June 30, December 31, Currency Maturity date Interest rate 2023 2022 $’000 $’000 Senior notes IHS Holding Limited US Dollar 2026 5.63 % 498,264 497,861 IHS Holding Limited US Dollar 2028 6.25 % 498,172 497,979 IHS Netherlands Holdco B.V. US Dollar 2027 8.00 % 957,803 952,003 Bank borrowings IHS Holding Term Loan US Dollar 2025 3.75 % + CAS + 3M SOFR 369,861 368,630 IHS (Nigeria) Limited Nigerian Naira 2023 12.50 -18.00% — 57,448 IHS (Nigeria) Limited Nigerian Naira 2026 20.00 % 26,718 — INT Towers Ltd Nigerian Naira 2024 2.50 % + 3M NIBOR — 191,188 INT Towers Ltd Nigerian Naira 2028 20.00 % 224,303 — IHS Côte d'Ivoire Ltd CFA Franc 2024 5.00 % 12,875 18,854 IHS Côte d'Ivoire Ltd Euro 2024 3.00 % + 3M EURIBOR 9,618 14,217 IHS Zambia Ltd US Dollar 2027 5.00 % + CAS + 3M SOFR 90,120 94,596 IHS Brasil - Cessão de Infraestruturas S.A. Brazilian Real 2029 3.65 % + CDI 67,943 68,591 IHS Brasil - Cessão de Infraestruturas S.A. Brazilian Real 2028 3.05 % + CDI 81,681 82,928 I-Systems Soluções de Infraestrutura S.A. Brazilian Real 2030 2.45 - 2.50% + CDI 82,807 38,542 IHS Kuwait Limited Kuwait Dinar 2029 2.00 % + 3M KIBOR 64,851 66,251 IHS Towers South Africa Proprietary Limited South African Rand 2029 2.75 % + 3M JIBAR 182,973 197,836 Letters of credit IHS (Nigeria) Limited US Dollar 2023 12.00 - 15.55% 99,990 66,047 INT Towers Ltd US Dollar 2023 12.00 - 15.75% 196,219 128,063 IHS Towers NG Limited US Dollar 2023 15.49 % 795 987 Global Independent Connect Limited US Dollar 2023 15.25 - 15.49% 1,115 1,330 Global Independent Connect Limited Chinese Yuan 2023 12.05 % — 1,051 3,466,108 3,344,402 ii. The Group is in compliance with the restrictive debt covenants related to the listed bonds and covenants related to external borrowings as at the quarter end. Approximate U.S. dollar equivalent values for non-USD denominated facilities stated below are translated from the currency of the debt at the relevant exchange rates on June 30, 2023. Nigeria (2023) Term Loan IHS Netherlands Holdco B.V., IHS Nigeria, IHS Towers NG Limited, INT Towers and IHS Holding Limited entered into an up to NGN 165.0 billion (approximately $219.2 million) term loan agreement in January 2023 (as amended and/or restated from time to time the “Nigeria 2023 Term Loan”), and between, amongst others, IHS Netherlands Holdco B.V. as holdco and guarantor; IHS Towers NG Limited and INT Towers as borrowers; each of IHS Holding Limited, IHS Netherlands NG1 B.V., IHS Nigeria, IHS Netherlands NG2 B.V., and Nigeria Tower Interco B.V. as guarantors; Ecobank Nigeria Limited as agent and certain financial institutions listed therein as original lenders. The interest rate per annum is equal to 20% in the first year moving to a floating rate for the remainder of the term. This floating rate is defined by the Nigerian MPR plus a margin of 2.5% and is subject to a cap of 24% and floor of 18%. IHS Netherlands Holdco B.V. also pays certain other fees and costs, including agent fees. The Nigeria 2023 Term Loan was drawn down for an original principal amount of NGN 124.5 billion (approximately $165.4 million), and funds borrowed under the loan were applied towards, inter alia, refinancing certain indebtedness of INT Towers, IHS Nigeria, and general corporate and working capital purposes. As of January 3, 2023, the total commitments available under the Nigeria 2023 Term Loan were NGN 124.5 billion (approximately $165.4 million), which were increased February 2023, by NGN 29.0 billion (approximately $38.5 million) and further increased in May 2023, by NGN 11.5 billion (approximately $15.3 million) pursuant to the facility increase clause contained within the loan agreement up to its total NGN 165.0 billion (approximately $219.2 million) capacity. In January 2023, NGN 124.5 billion (approximately $165.4 million) was drawn down under the Nigeria 2023 Term Loan. Further drawdowns took place in March 2023, April 2023 and June 2023 for NGN 14.0 billion (approximately $18.6 million), NGN 15.0 billion (approximately $19.9 million) and NGN 11.5 billion (approximately $15.3 million) respectively. As of June 30, 2023, NGN 165.0 billion (approximately $219.2 million) had been drawn down under this facility. Nigeria (2023) Revolving Credit Facility IHS Netherlands Holdco B.V., IHS Nigeria, IHS Towers NG Limited, INT Towers and IHS Holding Limited entered into an up to NGN 55.0 billion (approximately $73.1 million) revolving credit facility agreement in January 2023 (as amended and/or restated from time to time the “Nigeria 2023 RCF”), and between, amongst others, IHS Netherlands Holdco B.V. as holdco and guarantor; IHS Towers NG Limited and INT Towers as borrowers and guarantors; each of IHS Holding Limited, IHS Netherlands NG1 B.V., IHS Netherlands NG2 B.V., and Nigeria Tower Interco B.V. as guarantors; Ecobank Nigeria Limited as agent and certain financial institutions listed therein as original lenders. The interest rate per annum is equal to 20% in the first year moving to a floating rate for the remainder of the term. This floating rate is defined by the Nigerian MPR plus a margin of 2.5% and is subject to a cap of 24% and floor of 18%. IHS Netherlands Holdco B.V. also pays certain other fees and costs, including agent fees. As of January 3, 2023, the total commitments available under the Nigeria 2023 RCF were NGN 44.0 billion (approximately $58.5 million), which were further increased in February 2023, by NGN 11.0 billion (approximately $14.6 million) to NGN 55.0 billion (approximately $73.1 million), pursuant to the facility increase clause contained within the loan agreement. In April 2023, NGN 20.0 billion (approximately $26.6 million), was drawn down under the Nigeria 2023 RCF. In May 2023, this amount was voluntarily prepaid. As of June 30, 2023, NGN 20.0 billion (approximately $26.6 million) had been drawn down and was outstanding under this facility. Repayment of the IHS (Nigeria) Local Facilities On January 11, 2023, the following IHS (Nigeria) Limited local facilities were fully repaid: (i) IHSN NG1 Facility (a NGN 16.1 billion (approximately $21.4 million) facility entered into in March 2022 and guaranteed by each of IHS Holding Limited, INT Towers Limited and IHS Towers NG Limited). (ii) IHSN NG2 Facility (a NGN 10.0 billion (approximately $13.3 million) facility entered into in May 2022 and guaranteed by each of IHS Holding Limited, INT Towers Limited and IHS Towers NG Limited). Repayment of the Nigeria (2019) term loan IHS Netherlands Holdco B.V., IHS Nigeria, IHS Towers NG Limited, INT Towers and IHS Holding Limited entered into a term loan agreement, originally dated September 3, 2019 (and as amended and/or restated from time to time, including pursuant to an amendment and restatement agreement dated September 29, 2021) (the “Nigeria 2019 Facility”). In January 2023, the full remaining principal amount of the Naira tranche of the Nigeria 2019 Facility of NGN 88.3 billion (approximately $117.4 million) (plus accrued interest) was prepaid. I-Systems Facility drawdown I-Systems Soluções de Infraestrutura S.A. (formerly known as Fiberco Soluções de Infraestrutura S.A.) (“I-Systems”) entered into a BRL 200.0 million credit agreement, originally dated October 3, 2022 (as amended and/or restated from time to time, the “I-Systems Facility”). On October 13, 2022, Itau Unibanco S.A. provided an additional commitment in an aggregate amount of BRL 200.0 million (approximately $41.2 million) on the same terms, available in two tranches. On February 3, 2023, I-Systems drew down a tranche of BRL 80.0 million (approximately $16.5 million) pursuant to the I-Systems Facility. The interest rate applicable on this tranche is CDI plus 2.45% (assuming a 252-day calculation basis). On March 31, 2023, I-Systems drew down a tranche of BRL 120.0 million (approximately $24.7 million) pursuant to the I-Systems Facility. The interest rate applicable on this tranche is CDI plus 2.50% (assuming a 252-day calculation basis). As of June 30, 2023, BRL 400 million (approximately $82.4 million) had been drawn down under this facility. IHS Kuwait Facility drawdown IHS Kuwait Limited entered into a loan agreement originally dated April 19, 2020 (as amended and/or restated from time to time) with a total commitment of KWD equivalent of $85.0 million (the “Kuwait Facility”). In February 2023, KWD 0.3 million (approximately $0.9 million), was drawn down under the Kuwait Facility. The Kuwait Facility will terminate in April 2029, and as of June 30, 2023, KWD 21.8 million (approximately $70.8 million) of this facility was drawn down. IHS South Africa Facility IHS Towers South Africa Proprietary Limited (“IHS SA”) entered into a loan agreement originally in May 2022 (as amended and/or restated from time to time) with a total commitment of ZAR 3,470.0 million (the “IHS SA Facility”). In May 2023, IHS SA drew down ZAR 70.0 million (approximately $3.7 million) under the facility. As of June 30, 2023, ZAR 3,470 million (approximately $184.9 million) had been drawn down under this facility. iii. As of June 30, 2023, IHS (Nigeria) has utilized $100 million through funding under agreed letters of credit. These letters mature at various dates during 2023 and their interest rates range from 12.0% to 15.55%. These letters of credit are utilized in order to fund capital and operating expenditure purchases with suppliers. As of June 30, 2023, INT Towers Limited has utilized $196.2 million through funding under agreed letters of credit. These letters mature at various dates during 2023 and their interest rates range from 12.0% to 15.75%. These letters of credit are utilized in order to fund capital and operating expenditure purchases with suppliers. As of June 30, 2023, IHS Towers NG Limited has utilized $0.8 million through funding under agreed letters of credit. These letters mature at various dates during 2023 and incur interest at a rate of 15.49%. These letters of credit are utilized in order to fund capital and operating expenditure purchases with suppliers. As of June 30, 2023, Global Independent Connect Limited has utilized $1.1 million through funding under agreed letters of credit. These letters mature at various dates during 2023 and their interest rates range from 15.25% to 15.49%. These letters of credit are utilized in order to fund capital and operating expenditure with suppliers.

Lease liabilities

Lease liabilities	6 Months Ended
Lease liabilities	Jun. 30, 2023
Lease liabilities.
Lease liabilities	20. June 30, December 31, 2023 2022* $’000 $’000 Current 88,321 87,240 Non‑current 504,118 518,318 Total lease liabilities 592,439 605,558 Lease liabilities represent the net present value of future payments due under long term land leases for leasehold land on which our towers are located and for other leasehold assets such as warehouses and offices. During the six-month period ended June 30, 2023, payments to the value of $70.0 million were made in respect of recognized lease liabilities. These lease liabilities are unwound using incremental borrowing rates which represent the credit risk of the lessee entity and the length of the lease agreement. At June 30, 2023, and December 31, 2022, the contractual maturities of the lease liabilities were as follows: Total Carrying contractual Within 2 ‑ 3 4 ‑ 5 Over 5 value cash flows 1 year years years years $’000 $’000 $’000 $’000 $’000 $’000 June 30, 2023 Lease liabilities 592,439 1,075,343 94,892 181,690 168,935 629,826 December 31, 2022* Lease liabilities 605,558 1,108,532 92,417 179,930 168,231 667,954 Lease obligations contractual cash flows are disclosed with the same renewal expectation assumption assessed for lease accounting under IFRS 16. The average remaining lease term remaining at June 30, 2023 is 12.2 years. *re-presented to reflect the remeasurement period adjustments, as required by IFRS 3, in respect of updates to the accounting for the MTN SA Acquisition in May 2022.

Provisions for other liabilitie

Provisions for other liabilities and charges	6 Months Ended
Provisions for other liabilities and charges	Jun. 30, 2023
Provisions for other liabilities and charges
Provisions for other liabilities and charges	21. Decommissioning and site restoration provision June 30, December 31, 2023 2022 $’000 $’000 At January 1 85,016 71,941 Additions through business combinations (note 27) — 34,419 Increase/(decrease) in provisions 2,520 (24,898) Payments for tower and tower equipment decommissioning (15) (343) Unwinding of discount 4,581 7,084 Effects of movement in exchange rates (4,068) (3,187) At end of period/year 88,034 85,016 Analysis of total decommissioning and site restoration provisions: Non‑current 87,739 84,533 Current 295 483 88,034 85,016 This provision relates to the probable obligation that the Group may incur to dismantle and remove assets from tower sites. The amount recognized initially is the present value of the estimated amount that will be required to decommission and restore the leased sites to their original states, discounted using the risk-free rates of individual operations within the Group, adjusted for risks specific to the cash flows being discounted. The amount provided for each site has been discounted based on the respective lease terms attached to each site.

Stated capital

Stated capital	6 Months Ended
Stated capital	Jun. 30, 2023
Stated capital
Stated capital	22. Ordinary Shares Share capital Share premium Number of net of net of shares Share capital issue costs Share Premium issue costs 000’s $’000 $’000 000’s $’000 At December 31, 2022 331,920 100,141 99,576 5,241,836 5,212,377 Shares issued on exercise of options 2,221 666 666 88,766 88,766 At June 30, 2023 334,141 100,807 100,242 5,330,602 5,301,143

Other reserves

Other reserves	6 Months Ended
Other reserves	Jun. 30, 2023
Other reserves.
Other reserves	23. Fair value through other Share ‑ Loss on Foreign comprehensive based transaction exchange income Restructuring payment between translation reserve reserve reserve owners reserve Total $’000 $’000 $’000 $’000 $’000 $’000 At January 1, 2022 (3) 4,019 176,698 (840,359) (183,266) (842,911) Other comprehensive income* — — — — 59,521 59,521 Options converted to shares — — (88,469) — — (88,469) Recognition of share‑based payment expense — — 13,423 — — 13,423 Other reclassifications related to share-based payment — — (2,835) — — (2,835) At December 31, 2022 (3) 4,019 98,817 (840,359) (123,745) (861,271) At January 1, 2023 (3) 4,019 98,817 (840,359) (123,745) (861,271) Other comprehensive income 7 — — — 609,351 609,358 Options converted to shares — — (89,432) — — (89,432) Recognition of share‑based payment expense — — 6,618 — — 6,618 Other reclassifications related to share based payment — — (1,426) — — (1,426) At June 30, 2023 4 4,019 14,577 (840,359) 485,606 (336,153) *re-presented to reflect the remeasurement period adjustments, as required by IFRS 3, in respect of updates to the accounting for the MTN SA Acquisition in May 2022.

Non-controlling interest

Non-controlling interest	6 Months Ended
Non-controlling interest	Jun. 30, 2023
Non-controlling interest
Non-controlling interest	24. Six months ended June 30, June 30, 2023 2022 $’000 $’000 Balance at January 1 227,200 223,188 Loss for the period (6,360) (3,216) Other comprehensive income 15,608 10,468 Balance at June 30 236,448 230,440 Set out below is summarized financial information for the I-Systems subsidiary, being the only subsidiary that has non-controlling interest that is material to the Group. Summarized balance sheet I-Systems Soluções de Infraestrutura S.A. June 30, December 31, 2023 2022 $’000 $’000 Current assets 108,564 102,445 Current liabilities (40,538) (38,834) Current net assets 68,026 63,611 Non-current assets 524,956 462,122 Non-current liabilities (139,280) (92,453) Non-current net assets 385,676 369,669 Net assets 453,702 433,280 Accumulated non-controlling interest at the end of the period 222,274 212,307 Summarized statement of comprehensive income for the reporting period I-Systems Soluções de Infraestrutura S.A. Six months ended June 30, June 30, 2023 2022 $’000 $’000 Revenue 34,179 27,649 Loss for the period (11,283) (4,451) Other comprehensive income 31,622 12,169 Total comprehensive income 20,339 7,718 Loss allocated to non-controlling interest during the period (5,529) (2,181) Summarized statement of cash flows for the reporting period I-Systems Soluções de Infraestrutura S.A. Six months ended June 30, June 30, 2023 2022 $’000 $’000 Cash flows generated from operating activities 11,193 17,434 Cash flows used in investing activities (52,294) (37,197) Cash flows generated from/(used in) financing activities 33,680 (2) Net decrease in cash and cash equivalents (7,421) (19,765)

Share-based payment obligation

Share-based payment obligation	6 Months Ended
Share-based payment obligation	Jun. 30, 2023
Share-based payment obligation
Share-based payment obligation	25. The total charge to the profit and loss for the six months ended June 30, 2023 was $6.9 million (six months ended June 30, 2022: $5.6 million), while the charge for the three months ended June 30, 2023 was $3.6 million (three months ended June 30, 2022: $2.1 million). In May 2023, a total of 2,132,134 options were awarded as part of the existing Omnibus employee share-based payment plan since 31 December 2022. June 2023 Valuation assumptions – Omnibus employee share-based payment scheme The Omnibus options issued were valued at $49.9 million at issue using a share price assumption of $5.27 - $11.55 depending on the grant date. The fair value of the RSUs and PSUs with non-market conditions determined using share price at grant date amounted to $22.7 million and $19.0 million respectively while the fair value of the PSUs with market conditions determined using the Monte Carlo model amounted to $8.2 million. At June 30, 2023 a forfeiture rate of 7% was assumed resulting in an expected charge over the remaining term of the options of $23.2 million. No dividend was taken into account in performing the valuation since IHS Holding Limited has never paid dividends and no dividends are planned to be paid in the near future.

Cash from operations

Cash from operations	6 Months Ended
Cash from operations	Jun. 30, 2023
Cash from operations
Cash from operations	26. Three months ended Six months ended June 30, 2023 June 30, 2022* June 30, 2023 June 30, 2022* $’000 $’000 $’000 $’000 Reconciliation: Loss before taxation (1,191,042) (161,472) (1,168,049) (130,097) Adjustments Depreciation of property, plant and equipment (note 6 and 7) 103,377 102,994 209,691 200,350 Amortization of intangible assets (note 6 and 7) 13,117 11,865 25,759 22,349 Net impairment/(reversal of impairment) of property, plant and equipment and prepaid land rent (note 6) 935 (3,514) 5,081 (1,331) Loss allowance/(reversal of loss allowance) on trade receivables (note 8) 954 668 4,514 (1,800) Impairment of withholding tax receivables (note 7) 13,349 12,930 24,604 27,717 Amortization of prepaid site rent 2,424 2,294 5,129 4,162 Net loss/(gain) on disposal of plant, property and equipment (note 7) 168 13,617 (566) 13,784 Insurance income (note 9) (133) (466) (278) (1,616) Finance costs (note 11) 1,366,012 261,886 1,542,979 380,902 Finance income (note 10) (8,373) (3,895) (13,160) (45,667) Impairment of inventory — — — 138 Share‑based payment expense (note 7) 3,628 2,051 6,917 5,625 Operating profit before working capital changes 304,416 238,958 642,621 474,516 Changes in working capital Decrease/(increase) in inventory 16,628 (23,134) 24,538 (19,721) Increase in trade and other receivables (49,000) (64,168) (137,079) (182,535) (Decrease)/increase in trade and other payables (7,912) 65,144 (13,926) 111,147 Net movement in working capital (40,284) (22,158) (126,467) (91,109) Cash from operations 264,132 216,800 516,154 383,407 *re-presented to reflect the remeasurement period adjustments, as required by IFRS 3, in respect of updates to the accounting for the GTS SP5 Acquisition in March 2022 and MTN SA Acquisition in May 2022.

Business Combinations

Business Combinations	6 Months Ended
Business Combinations	Jun. 30, 2023
Business Combinations
Business Combinations	27. For acquisitions that meet the definition of a business combination, the Group applies the acquisition method of accounting where assets acquired and liabilities assumed are recorded at fair value at the date of each acquisition, and the results of operations are included with those of the Group from the dates of the respective acquisitions. All acquisitions completed in 2022 met the definition of a business as defined, and were accounted for as business combinations with the exception of the additional stages of the Kuwait Acquisition completed in 2022 which are accounted for as assets acquisitions. There were no acquisitions during the six-month period ended June 30, 2023. MTN telecom towers in South Africa IHS Holding Limited, through its subsidiary IHS Towers South Africa Proprietary Limited, completed the acquisition of a portfolio of towers, comprising 5,691 towers, in South Africa from MTN South Africa on May 31, 2022, which includes an agreement to provide Managed Services, including to approximately 7,100 additional MTN South Africa sites. IHS will own 70% of the South African towers business with the remaining 30% to be owned by a B-BBEE consortium. At the date of issue of these financial statements, IHS owns 100% of the business as the transfer of the non-controlling interest has not been finalized and hence no non-controlling interest has been recognized. The goodwill of $64.4 million includes goodwill attributable to a new market penetration for the Group. None of the goodwill recognized is currently expected to be deductible for income tax purposes. The acquisition accounting was completed in May 2023. As IFRS 3 requires fair value adjustments to be recorded with effect from the date of acquisition, this requires re-presentation of previously reported financial results. The following table summarizes the consideration paid and the assets acquired at the acquisition date, and the amounts of revenue and loss of the acquiree since the acquisition date included in the condensed consolidated statement of loss and other comprehensive income/(loss). As reported As re-presented 2022 Adjustments 2022 $’000 $’000 $’000 Gross consideration 421,239 — 421,239 Net cash consideration 421,239 — 421,239 Identifiable assets acquired and liabilities assumed: Towers and tower equipment 251,683 — 251,683 Customer related intangible asset 127,957 (6,492) 121,465 Network related intangible asset 67,837 1,904 69,741 Right of use asset 211,315 621 211,936 Lease liabilities (211,315) (621) (211,936) Deferred tax (52,864) 1,239 (51,625) Provisions for other liabilities and charges (34,419) — (34,419) Total identifiable net assets acquired 360,194 (3,349) 356,845 Goodwill 61,045 3,349 64,394 Revenue — post ‑ 10,697 Loss — post ‑ (8,591) São Paulo Cinco Locação de Torres Ltda. IHS Holding Limited acquired 100% of the share capital of São Paulo Cinco Locação de Torres Ltda. (“GTS SP5”) on March 17, 2022. The acquisition is consistent with the Group’s strategy to expand in the Latin American region. The goodwill of $54.6 million arising from the acquisition is attributable to the enhanced market presence in Brazil, the complementary service offering and closer alignment to certain customers as it relates to their future deployments. The goodwill recognized is currently expected to be deductible for income tax purposes. The following table summarizes the consideration paid and the fair value of assets and liabilities acquired at the acquisition date including right of use assets relating to leases which were fully pre-paid prior to acquisition, and the amounts of revenue and profit of the acquiree from the acquisition date included in the condensed consolidated statement of loss and other comprehensive income/(loss). 2022 $’000 Gross consideration 317,188 Less: cash in business at the date of acquisition (1,896) Net cash consideration 315,292 Identifiable assets acquired and liabilities assumed: Towers and tower equipment 13,395 Land 885 Customer related intangible asset 48,353 Network related intangible asset 2,520 Right of use asset 266,666 Trade and other receivables 23,575 Lease liabilities (4,282) Trade and other payables (4,222) Deferred tax (86,239) Total identifiable net assets acquired 260,651 Goodwill 54,641 Revenue — post ‑ 12,385 Profit — post ‑ 5,262 IHS Kuwait Limited In the 2020 financial year IHS GCC KW Holding Limited (‘IHS GCC KW’), a subsidiary of IHS Holding Limited completed the first two stages of the acquisition of 1,620 towers from Mobile Telecommunications Company K.S.C.P. (‘Zain Kuwait’) comprising 1,162 towers. During April 2021, October 2021 and September 2022 IHS GCC KW completed the third, fourth and fifth stages of the acquisition of 1,620 towers from Zain Kuwait comprising 67, 126 and 43 towers respectively. The remaining 222 towers are managed and operated under a Managed Services agreement until such time as these towers can legally be transferred. IHS GCC KW transferred the purchase right to IHS Kuwait Limited for the Construction, Erection and Maintenance of Wired and Wireless Communication and Radar Towers and Stations / With Limited Liability (‘IHS Kuwait’) who operates the towers as a standalone business. As part of the agreement, IHS Kuwait also assumed existing supplier contracts and land leases, allowing it to apply the Group business processes and deliver services immediately after the assignment of the towers. As part of the agreement, Zain Kuwait subscribed for shares in IHS GCC KW representing 30 per cent of the share capital of IHS GCC KW by issuing a loan note to IHS GCC KW. The acquisition is consistent with the Group’s strategy to expand in selected geographic areas. The following table summarizes the consideration paid and the fair value of assets and liabilities acquired at the acquisition date of the 43 towers acquired in 2022, and the amounts of revenue and profit/(loss) of the acquiree since the acquisition date included in the condensed consolidated statement of loss and other comprehensive income/(loss). 2022 $’000 Gross consideration 2,729 Less: consideration received in exchange for a retained 30% interest (by Zain) in IHS GCC KW (819) Net cash consideration for 70% controlling interest 1,910 Identifiable assets acquired and liabilities assumed: Towers and tower equipment 1,032 Customer-related assets 1,947 Network-related assets 671 Trade and other receivables — Trade and other payables (921) Total identifiable net assets acquired (at 100% ) 2,729 Goodwill — Determination of non-controlling interest Total identifiable net assets acquired (at 100%) 2,729 Shareholder funding provided by the Group and external debt* — 2,729 Non-controlling interest portion of above at 30% 819 Revenue — post ‑ n.a. Profit/(loss) — post ‑ n.a. * This was shareholder funding provided by the Group and recorded as short term liabilities in IHS GCC KW. These funds were loaned to IHS Kuwait to fund the acquisition of the towers from Zain. This short term liability was subsequently replaced by external debt.

Capital commitments and conting

Capital commitments and contingent liabilities	6 Months Ended
Capital commitments and contingent liabilities	Jun. 30, 2023
Capital commitments and contingent liabilities.
Capital commitments and contingent liabilities	28. 28.1 The Group was committed to the purchase of property, plant and equipment of approximately $255.0 million at June 30, 2023 (December 31, 2022: $337.0 million). 28.2 The Group has contingent liabilities in respect of legal claims arising in the ordinary course of business. The Group reviews these matters in consultation with internal and external legal counsel to make a determination on a case-by-case basis whether a loss from each of these matters is probable, possible or remote. The Group’s contingent liabilities in respect of litigations and claims amounted to $7.4 million at the end of the reporting period (December 31, 2022: $3.8 million). Based on legal advice received, claims against the Group are not considered probable, thus no provisions have been made in these financial statements.

Events after the reporting peri

Events after the reporting period	6 Months Ended
Events after the reporting period	Jun. 30, 2023
Events after the reporting period
Events after the reporting period	29. Events after the reporting period a) Nigeria 2023 RCF prepayment In August 2023, NGN 20.0 billion (approximately $26.6 million) was voluntarily prepaid under the Nigeria 2023 RCF. As of August 14, 2023, there are no amounts drawn and outstanding under the Nigeria 2023 RCF. b) IHS Holding RCF increase On July 21, 2023, the IHS Holding RCF was increased by $30.0 million to $300.0 million. As of August 14, 2023, there are no amounts drawn and outstanding under the IHS Holding RCF. c) IHS South Africa Short-Term Facility IHS Towers South Africa Proprietary Limited (“IHS SA”) entered into a ZAR 350.0 million (approximately $18.7 million) facility agreement in July 2023 (the “IHS SA STL Facility”). The IHS SA STL Facility is governed by South African law and funds borrowed under the facility will be applied towards general corporate purposes. The IHS SA STL Facility has an interest rate of 1.00% plus 2 Month JIBAR and will terminate in September 2023. As of August 14, 2023, ZAR 100.0 million (approximately $5.3 million) has been drawn down under this facility.

Significant accounting polici_2

Significant accounting policies (Policies)	6 Months Ended
Significant accounting policies (Policies)	Jun. 30, 2023
Significant accounting policies
Basis of preparation	2.1 The financial statements for the three and six months ended June 30, 2023, have been prepared in accordance with International Accounting Standard 34, ‘Interim Financial Reporting’ (IAS 34), as issued by the International Accounting Standards Board (IASB). The financial statements do not amount to full financial statements and do not include all of the information and disclosures required for full annual financial statements. It should be read in conjunction with the consolidated annual financial statements of the Group for the year ended December 31, 2022, which have been prepared in accordance with International Financial Reporting Standards (IFRS) as issued by the IASB, as noted within note 2.1 of the consolidated annual financial statements. In management’s opinion, the accompanying financial statements contain all adjustments, consisting of only normal recurring adjustments, necessary for a fair statement of its financial position as of June 30, 2023, and its results of operations for the three and six months ended June 30, 2023, and 2022, cash flows for the three and six months ended June 30, 2023, and 2022, and statement of changes in equity for the six months ended June 30, 2023 and 2022. Certain amounts in the prior periods have been reclassified to conform to the current year presentation. The condensed consolidated statement of financial position as at December 31, 2022, was derived from audited annual financial statements but does not contain all of the footnote disclosures from the annual financial statements.
Approval	2.2 These condensed consolidated interim financial statements were authorized and approved for issue on August 14, 2023.
Income tax	2.3 Taxes on income in the interim periods are accrued using the tax rate that would be applicable to expected total annual profit or loss.
Changes in accounting policies and disclosures	2.4 The accounting policies adopted are consistent with those of the previous financial year and corresponding interim reporting period, except the new standards, amendments and interpretations adopted by the Group during the period. (a) The Group has applied the following standards and amendments for the first time for its interim reporting period commencing January 1, 2023: ● IFRS 17 Insurance Contracts ● Definition of Accounting Estimates - Amendments to IAS 8 ● Disclosure of Accounting Policies - Amendments to IAS 1 and IFRS Practice Statement 2 ● Deferred Tax related to Assets and Liabilities arising from a Single Transaction – Amendments to IAS 12 The amendments to standards listed above did not have any material impact on the Group’s interim financial statements. However, the Group is in the process of analyzing the impact of the amendments to IAS 12 which are expected to impact the gross values of deferred tax assets and deferred tax liabilities disclosed in the notes to the annual financial statements at year end. Other than this, we do not expect this amendment to have any material impact on the net assets of the Group. (b) ● International Tax Reform – Pillar Two Model Rules – Amendments to IAS 12 The Organisation for Economic Co-operation and Development (OECD) has published Pillar 2 Global Anti-Base Erosion Rules (GloBE) relating to global minimum taxation, scheduled to apply to the Group from the year ended 31 December 2024, regarding the future taxation of large multinationals such as IHS Holding Limited. All participating OECD members are required to incorporate these rules into national legislation. This will apply a minimum 15% income tax rate applicable in each jurisdiction in which the Group operates. The International Accounting Standards Board has amended IAS 12 ‘Income Taxes’ to include a mandatory exemption from recognizing deferred tax and liabilities relating to Pillar Two income taxes. The quantitative impact on the Group is still under investigation.
Segment reporting	2.5 Operating segments are components of IHS’ business activities about which separate financial statements are available and reported internally to the chief operating decision maker. The Group’s Executive Committee has been identified as the chief operating decision maker, responsible for allocating resources and assessing performance of the operating segments. The Group’s Executive Committee currently consists of the Chief Executive Officer (“CEO”), the Chief Operating Officer (“COO”), the Chief Financial Officer (“CFO”), the General Counsel, the IHS Nigeria CEO, the Chief Strategy Officer, the Chief Human Resource Officer and the Executive Vice President of Communications. Where operating segments share similar characteristics, they have been aggregated into reportable segments, of which the Group has identified four: Nigeria, Sub-Saharan Africa (“SSA”), Middle East and North Africa (“MENA”) and Latin America (“Latam”).

Capital risk management (Tables

Capital risk management (Tables)	6 Months Ended
Capital risk management (Tables)	Jun. 30, 2023
Capital risk management
Schedule of financial instruments measured at fair value	June 30, 2023 Level 1 Level 2 Total $’000 $’000 $’000 Fair value through other comprehensive income financial assets 11 — 11 Interest rate caps (note 16) — 1,182 1,182 Embedded options within listed bonds (note 16) — 6,050 6,050 Foreign exchange swaps (note 16) — (50,051) (50,051) 11 (42,819) (42,808) December 31, 2022 Level 1 Level 2 Total $’000 $’000 $’000 Fair value through other comprehensive income financial assets 10 — 10 Interest rate caps (note 16) — 821 821 Embedded options within listed bonds (note 16) — 5,300 5,300 Foreign exchange swaps (note 16) — (1,393) (1,393) 10 4,728 4,738
Schedule of fair value estimation	At June 30, 2023 At December 31, 2022 Carrying Fair Carrying Fair Value Value Value Value $’000 $’000 $’000 $’000 Financial liabilities Bank and bond borrowings (note 19) 3,466,108 3,225,578 3,344,402 3,116,193 3,466,108 3,225,578 3,344,402 3,116,193

Segment reporting (Tables)

Segment reporting (Tables)	6 Months Ended
Segment reporting (Tables)	Jun. 30, 2023
Segment reporting
Schedule of summarized financial information	Summarized financial information for the six months ended June 30, 2023 is as follows: 2023 Nigeria SSA Latam MENA Other Total $’000 $’000 $’000 $’000 $’000 $’000 Revenues from external customers 789,570 245,553 93,993 19,616 — 1,148,732 Segment Adjusted EBITDA 510,327 128,417 66,502 9,050 (75,042) 639,254 Depreciation and amortization (note 6 and 7) (235,450) Net gain on disposal of property, plant and equipment (note 7) 566 Insurance claims (note 9) 278 Net impairment of property, plant and equipment and prepaid land rent (note 6) (5,081) Impairment of withholding tax receivables (note 7) (24,604) Business combination transaction costs (note 7) (1,486) Other costs (a) (4,848) Share ‑ (6,917) Finance income (note 10) 13,160 Finance costs (note 11) (1,542,979) Other income (note 9) 58 Loss before income tax (1,168,049) Additions of property, plant and equipment, right of use assets and intangible assets: - in the normal course of business 217,165 52,980 99,139 8,812 Segment assets (at June 30, 2023) 1,598,556 1,542,837 2,074,469 178,333 Segment liabilities (at June 30, 2023) 910,389 838,874 633,811 111,541 (a) Other costs for the six months ended June 30, 2023 included one off consulting fees related to corporate structures and operating systems of $2.8 million, non-recurring consulting services of $1.0 million and non-recurring professional fees related to financing of $0.2 million. Summarized financial information for the six months ended June 30, 2022 is as follows: 2022 Nigeria SSA Latam MENA Other Total $’000 $’000 $’000 $’000 $’000 $’000 Revenues from external customers 641,781 180,530 74,013 17,491 — 913,815 Segment Adjusted EBITDA* 386,717 99,989 53,017 7,788 (63,463) 484,048 Depreciation and amortization (note 6 and 7) (222,699) Net loss on disposal of property, plant and equipment (note 7) (13,784) Insurance claims (note 9) 1,616 Net reversal of impairment of property, plant and equipment and prepaid land rent (note 6) 1,331 Impairment of withholding tax receivables (note 7) (27,717) Business combination transaction costs (note 7) (14,039) Other costs (a) (514) Share ‑ (5,625) Finance income (note 10) 45,667 Finance costs (note 11) (380,902) Other income (note 9) 2,521 Loss before income tax (130,097) Additions of property, plant and equipment, right of use assets and intangible assets: - through business combinations* — 719,219 386,460 — - in the normal course of business 128,189 52,171 51,126 12,346 Segment assets (at June 30, 2022)* 2,279,885 1,736,548 1,948,501 176,422 Segment liabilities (at June 30, 2022)* 922,197 964,570 599,485 105,967 (a) Other costs for the six months ended June 30, 2022 included professional costs related to Sarbanes-Oxley (SOX) implementation costs. re-presented to reflect the remeasurement period adjustments, as required by IFRS 3, in respect of updates to the accounting for the TIM Fiber Acquisition in November 2021, the GTS SP5 Acquisition in March 2022 and the MTN SA Acquisition in May 2022. Summarized financial information for the three months ended June 30, 2023 is as follows: 2023 Nigeria SSA Latam MENA Other Total $’000 $’000 $’000 $’000 $’000 $’000 Revenues from external customers 364,592 123,393 48,344 9,875 — 546,204 Segment Adjusted EBITDA 238,448 62,933 35,330 5,384 (38,385) 303,710 Depreciation and amortization (note 6 and 7) (116,494) Net loss on disposal of property, plant and equipment (note 7) (168) Insurance claims (note 9) 133 Net impairment of property, plant and equipment and prepaid land rent (note 6) (935) Impairment of withholding tax receivables (note 7) (13,349) Business combination transaction costs (note 7) (27) Other costs (a) (2,673) Share ‑ (3,628) Finance income (note 10) 8,373 Finance costs (note 11) (1,366,012) Other income (note 9) 28 Loss before income tax (1,191,042) Additions of property, plant and equipment, right of use assets and intangible assets: - in the normal course of business 137,078 25,209 56,214 5,485 Segment assets (at June 30, 2023) 1,598,556 1,542,837 2,074,469 178,333 Segment liabilities (at June 30, 2023) 910,389 838,874 633,811 111,541 (a) Other costs for the three months ended June 30, 2023 included one off consulting fees related to corporate structures and operating systems of $1.2 million and non-recurring consulting services of $1.0 million . Summarized financial information for the three months ended June 30, 2022 is as follows: 2022 Nigeria SSA Latam MENA Other Total $’000 $’000 $’000 $’000 $’000 $’000 Revenues from external customers 321,125 94,902 42,780 8,876 — 467,683 Segment Adjusted EBITDA 183,698 52,990 30,904 4,170 (32,586) 239,176 Depreciation and amortization (note 6 and 7) (114,859) Net loss on disposal of property, plant and equipment (note 7) (13,617) Insurance claims (note 9) 466 Net reversal of impairment of property, plant and equipment and prepaid land rent (note 6) 3,514 Impairment of withholding tax receivables (note 7) (12,932) Business combination transaction costs (note 7) (5,679) Share ‑ (2,051) Finance income (note 10) 3,895 Finance costs (note 11) (261,886) Other income (note 9) 2,501 Loss before income tax (161,472) Additions of property, plant and equipment, right of use assets and intangible assets: - through business combinations* — 719,219 — — - in the normal course of business 72,039 39,254 23,918 7,691 Segment assets (at June 30, 2022)* 2,279,885 1,736,548 1,948,501 176,422 Segment liabilities (at June 30, 2022)* 922,197 964,570 599,485 105,967 *re-presented to reflect the remeasurement period adjustments, as required by IFRS 3, in respect of updates to the accounting for the TIM Fiber Acquisition in November 2021, the GTS SP5 Acquisition in March 2022 and the MTN SA Acquisition in May 2022.
Schedule of revenue from tier one customers	Three months ended Six months ended June 30, June 30, June 30, June 30, 2023 2022 2023 2022 $’000 $’000 Customer A 61 % 62 % 59 % 62 % Customer B 18 % 16 % 17 % 16 %

Cost of sales (Tables)

Cost of sales (Tables)	6 Months Ended
Cost of sales (Tables)	Jun. 30, 2023
Cost of sales [abstract]
Schedule of cost of sales	Three months ended Six months ended June 30, June 30, June 30, June 30, 2023 2022* 2023 2022* $’000 $’000 $’000 $’000 Tower repairs and maintenance 29,534 21,460 57,398 43,257 Power generation 98,642 104,698 213,932 192,254 Short term rental 2,007 6,368 5,590 10,216 Vehicle maintenance and repairs 498 577 1,061 1,034 Site regulatory permits 10,237 7,009 21,197 18,041 Security services 11,308 9,946 24,106 19,338 Insurance 1,247 1,229 2,554 2,397 Staff costs 8,355 7,927 18,145 15,210 Travel costs 2,734 833 6,214 1,241 Professional fees 660 620 1,201 1,903 Depreciation (note 14)** 100,319 100,712 203,973 195,959 Amortization (note 15) 11,709 11,302 22,963 18,949 Net impairment/(reversal of impairment) of property, plant and equipment and prepaid land rent 935 (3,514) 5,081 (1,331) Other (92) 1,444 1,366 2,732 278,093 270,611 584,781 521,200 Foreign exchange gains and losses on cost of sales are included in Other. re-presented to reflect the remeasurement period adjustments, as required by IFRS 3, in respect of updates to the accounting for the GTS SP5 Acquisition in March 2022 and MTN SA Acquisition in May 2022. *

Administrative expenses (Tables

Administrative expenses (Tables)	6 Months Ended
Administrative expenses (Tables)	Jun. 30, 2023
Administrative expenses.
Schedule of administrative expenses	Three months ended Six months ended June 30, June 30, June 30, June 30, 2023 2022 2023 2022 $’000 $’000 $’000 $’000 Facilities, short term rental and upkeep 10,033 8,863 21,188 16,891 Depreciation (note 14) 3,058 2,282 5,718 4,391 Amortization (note 15) 1,408 563 2,796 3,400 Travel costs 3,534 4,182 6,678 6,659 Staff costs 38,725 31,718 76,555 61,849 Key management compensation 4,033 3,968 8,240 8,323 Share‑based payment expense 3,628 2,051 6,917 5,625 Professional fees 15,742 10,150 29,403 18,470 Business combination transaction costs 27 5,679 1,486 14,039 Impairment of withholding tax receivables* 13,349 12,932 24,604 27,717 Net loss/(gain) on disposal of property, plant and equipment 168 13,617 (566) 13,784 Operating taxes 36 138 116 341 Other 6,980 6,709 14,868 11,925 100,721 102,852 198,003 193,414 * Withholding tax receivables were impaired following the Group’s assessment of the recoverability of withholding tax assets based on a five-year cash flow projection and an analysis of the utilization of withholding tax balances against future income tax liabilities.

Other income (Tables)

Other income (Tables)	6 Months Ended
Other income (Tables)	Jun. 30, 2023
Other income.
Schedule of other income	Three months ended Six months ended June 30, June 30, June 30, June 30, 2023 2022 2023 2022 $’000 $’000 $’000 $’000 Insurance claims 133 466 278 1,616 Other income 28 2,501 58 2,521 161 2,967 336 4,137

Finance Income (Tables)

Finance Income (Tables)	6 Months Ended
Finance Income (Tables)	Jun. 30, 2023
Finance income.
Schedule of finance income	Three months ended Six months ended June 30, June 30, June 30, June 30, 2023 2022 2023 2022 $’000 $’000 $’000 $’000 Interest income—bank deposits 5,079 3,888 11,577 7,016 Net foreign exchange gain on derivative instruments—realized 420 7 420 — Net foreign exchange gain arising from financing – unrealized — — — 38,651 Fair value gain on embedded options and interest rate caps 2,874 — 1,163 — 8,373 3,895 13,160 45,667

Finance Costs (Tables)

Finance Costs (Tables)	6 Months Ended
Finance Costs (Tables)	Jun. 30, 2023
Finance costs.
Schedule of finance costs	11. Three months ended Six months ended June 30, June 30, June 30, June 30, 2023 2022* 2023 2022* $’000 $’000 $’000 $’000 Interest expenses—third party loans 90,407 55,203 174,991 110,314 Interest expense - withholding tax paid on bond interest 6,741 4,364 6,741 4,364 Unwinding of discount on decommissioning liability 2,320 1,434 4,581 2,667 Interest and finance charges paid/payable for lease liabilities 16,307 13,241 31,202 22,800 Net foreign exchange loss arising from financing—unrealized 1,123,669 73,188 1,150,370 — Net foreign exchange loss arising from financing—realized 61,639 53,905 107,052 63,678 Net foreign exchange loss on derivative instruments—unrealized 62,439 2,114 62,109 3,374 Net foreign exchange loss on derivative instruments—realized — — — 1,130 Fair value loss on embedded options — 53,330 — 162,330 Fees on loans and financial derivatives 2,490 5,107 5,933 10,245 1,366,012 261,886 1,542,979 380,902 *re-presented to reflect the remeasurement period adjustments, as required by IFRS 3, in respect of updates to the accounting for the MTN SA Acquisition in May 2022.

Taxation (Tables)

Taxation (Tables)	6 Months Ended
Taxation (Tables)	Jun. 30, 2023
Income Tax Expense
Schedule of income tax expense	Three months ended Six months ended June 30, June 30, June 30, June 30, 2023 2022* 2023 2022* $’000 $’000 $’000 $’000 Current taxes on income 27,609 22,539 62,917 52,008 Deferred income taxes 29,632 (5,437) 9,542 (18,650) Total taxes 57,241 17,102 72,459 33,358

Loss per share (Tables)

Loss per share (Tables)	6 Months Ended
Loss per share (Tables)	Jun. 30, 2023
Income per share
Schedule of basic and diluted net income/(loss) per common share	Three months ended Six months ended June 30, June 30, June 30, June 30, 2023 2022* 2023 2022* Loss attributable to equity holders ($’000) (1,248,283) (178,574) (1,240,508) (163,455) Less: allocation of loss to non‑controlling interest ($’000) (3,554) (1,817) (6,360) (3,216) Loss attributable to IHS common shareholders ($’000) (1,244,729) (176,757) (1,234,148) (160,239) Basic weighted average shares outstanding (‘000) 334,108 331,688 333,053 330,128 Potentially dilutive securities (‘000) 1,583 3,467 2,538 4,648 Potentially dilutive weighted average common shares outstanding (‘000) 335,691 335,155 335,591 334,776 Loss per share: Basic loss per share ($) (3.73) (0.53) (3.71) (0.49) Diluted loss per share ($) (3.73) (0.53) (3.71) (0.49)

Property, plant and equipment (

Property, plant and equipment (Tables)	6 Months Ended
Property, plant and equipment (Tables)	Jun. 30, 2023
Property, plant and equipment.
Schedule of property, plant and equipment	Total (excluding Towers Land Furniture Capital Right of and tower Fiber and and office Motor work in use Right of equipment assets buildings equipment vehicles progress asset) use assets $’000 $’000 $’000 $’000 $’000 $’000 $’000 $’000 Cost At January 1, 2022 2,829,528 250,690 56,268 22,198 23,458 146,353 3,328,495 650,504 Additions during the year * (20,994) 70,905 1,489 7,453 6,961 350,512 416,326 100,832 Additions through business combinations (note 27) /*** 266,110 — 885 — — — 266,995 478,602 Reclassification 176,625 10,991 1,992 4,231 — (193,839) — — Transfer from advance payments 100,578 16,412 6,754 33 — 2,008 125,785 — Disposals* (239,350) — — (459) (1,286) — (241,095) (17,755) Effects of movement in exchange rates *** (150,930) 15,184 (3,802) (1,148) (1,856) (17,876) (160,428) (47,003) At December 31, 2022* 2,961,567 364,182 63,586 32,308 27,277 287,158 3,736,078 1,165,180 At January 1, 2023 2,961,567 364,182 63,586 32,308 27,277 287,158 3,736,078 1,165,180 Additions during the period * 19,806 8,785 1,292 1,082 2,421 247,685 281,071 49,009 Reclassification 71,540 53,424 3,806 (3,025) 84 (125,829) — — Transfer from advance payments 24,763 15 1,446 — — 14,142 40,366 — Disposals* (3,426) (33,439) — (1,133) (1,551) — (39,549) (10,945) Effects of movement in exchange rates (649,820) 10,465 (22,854) (5,616) (7,332) (120,169) (795,326) (89,904) At June 30, 2023 2,424,430 403,432 47,276 23,616 20,899 302,987 3,222,640 1,113,340 Accumulated depreciation and impairment At January 1, 2022 1,575,315 5,354 1,637 17,157 14,771 — 1,614,234 129,853 Charge for the year** 268,999 54,152 315 5,800 4,610 — 333,876 88,615 Impairment 34,702 201 — — — — 34,903 3,151 Disposals* (234,117) — — (301) (1,272) — (235,690) (13,237) Effects of movement in exchange rates *** (83,573) (675) (119) (1,219) (1,100) — (86,686) (8,221) At December 31, 2022* 1,561,326 59,032 1,833 21,437 17,009 — 1,660,637 200,161 At January 1, 2023 1,561,326 59,032 1,833 21,437 17,009 — 1,660,637 200,161 Charge for the period 125,076 31,457 143 1,795 2,229 — 160,700 49,227 Net impairment/(reversal of impairment) 4,360 481 — (3) — — 4,838 243 Disposals* (2,915) (32,374) — (1,129) (1,457) — (37,875) (7,184) Effects of movement in exchange rates (431,830) 7,079 (705) (4,504) (4,156) — (434,116) (31,696) At June 30, 2023 1,256,017 65,675 1,271 17,596 13,625 — 1,354,184 210,751 Net book value At December 31, 2022**** 1,400,241 305,150 61,753 10,871 10,268 287,158 2,075,441 965,019 At June 30, 2023 1,168,413 337,757 46,005 6,020 7,274 302,987 1,868,456 902,589 * The disposals value of right of use assets represents disposals due to terminated leases and the impact of remeasurement of lease assets as a result of changes in lease terms. The charge for the period does not agree to the charge in the condensed consolidated statement of loss and other comprehensive income/(loss) due to the indirect taxes benefit of $0.2 million in IHS Brasil Cessão de Infraestruturas S.A. claimed through depreciation over the useful life of the asset. * Includes net movements in assets relating to the decommissioning and site restoration provision. **Includes subsequent asset acquisitions on business combination transactions. ***re-presented to reflect the remeasurement period adjustments, as required by IFRS 3, in respect of updates to the accounting for the MTN SA Acquisition in May 2022.

Goodwill and other intangible_2

Goodwill and other intangible assets (Tables)	6 Months Ended
Goodwill and other intangible assets (Tables)	Jun. 30, 2023
Goodwill and other intangible assets
Summary of goodwill and intangible asset	Customer ‑ Network ‑ related related intangible intangible Goodwill assets assets Licenses Software Total $’000 $’000 $’000 $’000 $’000 $’000 Cost At January 1, 2022 780,147 877,764 107,202 17,706 23,798 1,806,617 Additions during the year — — — 14,772 6,413 21,185 Additions through business combinations (note 27)/ 119,035 171,765 72,932 — — 363,732 Disposals — — — (4) (395) (399) Effects of movement in exchange rates * (13,543) (18,163) (4,844) (1,886) (572) (39,008) At December 31, 2022* 885,639 1,031,366 175,290 30,588 29,244 2,152,127 At January 1, 2023 885,639 1,031,366 175,290 30,588 29,244 2,152,127 Additions during the period — — — 2,917 7,812 10,729 Disposals — — — (17) — (17) Effects of movement in exchange rates (89,642) (87,391) (12,153) (290) (3,560) (193,036) At June 30, 2023 795,997 943,975 163,137 33,198 33,496 1,969,803 Accumulated amortization and impairment At January 1, 2022 251 131,568 21,885 6,877 20,411 180,992 Charge for the year — 36,169 6,936 2,598 1,627 47,330 Disposals — — — (4) (394) (398) Impairment charge for the year 121,596 — — — — 121,596 Effects of movement in exchange rates 404 (8,335) (1,245) (395) (313) (9,884) At December 31, 2022 122,251 159,402 27,576 9,076 21,331 339,636 At January 1, 2023 122,251 159,402 27,576 9,076 21,331 339,636 Charge for the period — 17,956 3,790 3,255 758 25,759 Disposals — — — (17) — (17) Effects of movement in exchange rates 9,296 (32,570) (5,763) 203 (4,247) (33,081) At June 30, 2023 131,547 144,788 25,603 12,517 17,842 332,297 Net book value At December 31, 2022*** 763,388 871,964 147,714 21,512 7,913 1,812,491 At June 30, 2023 664,450 799,187 137,534 20,681 15,654 1,637,506 Network-related intangible assets represent future income from leasing excess tower capacity to new Tenants. Customer-related intangible assets represent customer contracts and relationships. * Includes subsequent asset acquisitions on business combination transactions. The carrying amount of the IHS Latam tower business group of CGUs was reduced to its recoverable amount through the recognition of an impairment loss against goodwill. *re-presented to reflect the remeasurement period adjustments, as required by IFRS 3, in respect of updates to the accounting for the MTN SA Acquisition in May 2022.

Derivative financial instrume_2

Derivative financial instruments (Tables)	6 Months Ended
Derivative financial instruments (Tables)	Jun. 30, 2023
Derivative financial instruments
Schedule of contractual notional amount for the derivative instruments	June 30, December 31, 2023 2022 $’000 $’000 Derivative instruments Foreign exchange swaps 125,000 160,448 Embedded options within listed bonds 1,940,000 1,940,000 2,065,000 2,100,448
Schedule of fair value of derivative instruments	June 30, December 31, 2023 2022 $’000 $’000 Derivative instruments Foreign exchange swaps (50,051) (1,393) Interest rate caps 1,182 821 Embedded options within listed bonds 6,050 5,300 (42,819) 4,728
Schedule of changes in fair value of derivative instruments	Three months ended Six months ended June 30, June 30, June 30, June 30, 2023 2022 2023 2022 $’000 $’000 $’000 $’000 Derivative instruments Foreign exchange swaps/non-deliverable forwards (62,439) (2,114) (62,109) (3,374) Interest rate caps 564 — 413 — Embedded options within listed bonds 2,310 (53,330) 750 (162,330) (59,565) (55,444) (60,946) (165,704)

Trade and other receivables (Ta

Trade and other receivables (Tables)	6 Months Ended
Trade and other receivables (Tables)	Jun. 30, 2023
Trade and other receivables
Trade and other receivables	June 30, December 31, 2023 2022 $’000 $’000 Current Trade receivables 212,458 236,390 Less: impairment provisions (18,420) (25,365) Net trade receivables* 194,038 211,025 Other receivables** 347,248 387,019 Prepaid land rent 1,110 1,030 Other prepaid expenses 26,917 26,820 Advance payments 26,224 22,076 Withholding tax 1,198 1,201 VAT receivables 13,584 14,296 610,319 663,467 Non ‑ current Accrued income and lease incentive 44,452 35,321 Other tax receivables 6,053 5,945 Payment in advance for property, plant and equipment 74,209 83,118 Contingent consideration receivable 6,405 5,963 131,119 130,347 * The fair value is equal to their carrying amount. ** Included in other receivables are margins on non-deliverable forward contracts and short-term fixed deposits which are not classified as cash and cash equivalents as it exceeds the three-month maturity period.

Trade and other payables (Table

Trade and other payables (Tables)	6 Months Ended
Trade and other payables (Tables)	Jun. 30, 2023
Trade and other payables.
Schedule of trade and other payables	June 30, December 31, 2023 2022 $’000 $’000 Current Trade payables 344,526 442,959 Deferred revenue 54,179 86,363 Withholding tax payable 2,977 5,820 Payroll and other related statutory liabilities 32,967 45,331 VAT payables 32,900 51,103 Other payables 53,063 37,573 520,612 669,149 Non ‑ current Other payables 2,320 1,459 2,320 1,459

Borrowings (Tables)

Borrowings (Tables)	6 Months Ended
Borrowings (Tables)	Jun. 30, 2023
Borrowings.
Schedule of external debt classification	June 30, December 31, 2023 2022 $’000 $’000 Non ‑ current Senior Notes 1,927,619 1,920,783 Bank borrowings 1,101,152 985,505 External debt 3,028,771 2,906,288 Current Senior Notes 26,620 27,060 Bank borrowings 112,598 213,576 Letters of credit 298,119 197,478 External debt 437,337 438,114 Total borrowings 3,466,108 3,344,402
Schedule of debt by debt instrument	June 30, December 31, Currency Maturity date Interest rate 2023 2022 $’000 $’000 Senior notes IHS Holding Limited US Dollar 2026 5.63 % 498,264 497,861 IHS Holding Limited US Dollar 2028 6.25 % 498,172 497,979 IHS Netherlands Holdco B.V. US Dollar 2027 8.00 % 957,803 952,003 Bank borrowings IHS Holding Term Loan US Dollar 2025 3.75 % + CAS + 3M SOFR 369,861 368,630 IHS (Nigeria) Limited Nigerian Naira 2023 12.50 -18.00% — 57,448 IHS (Nigeria) Limited Nigerian Naira 2026 20.00 % 26,718 — INT Towers Ltd Nigerian Naira 2024 2.50 % + 3M NIBOR — 191,188 INT Towers Ltd Nigerian Naira 2028 20.00 % 224,303 — IHS Côte d'Ivoire Ltd CFA Franc 2024 5.00 % 12,875 18,854 IHS Côte d'Ivoire Ltd Euro 2024 3.00 % + 3M EURIBOR 9,618 14,217 IHS Zambia Ltd US Dollar 2027 5.00 % + CAS + 3M SOFR 90,120 94,596 IHS Brasil - Cessão de Infraestruturas S.A. Brazilian Real 2029 3.65 % + CDI 67,943 68,591 IHS Brasil - Cessão de Infraestruturas S.A. Brazilian Real 2028 3.05 % + CDI 81,681 82,928 I-Systems Soluções de Infraestrutura S.A. Brazilian Real 2030 2.45 - 2.50% + CDI 82,807 38,542 IHS Kuwait Limited Kuwait Dinar 2029 2.00 % + 3M KIBOR 64,851 66,251 IHS Towers South Africa Proprietary Limited South African Rand 2029 2.75 % + 3M JIBAR 182,973 197,836 Letters of credit IHS (Nigeria) Limited US Dollar 2023 12.00 - 15.55% 99,990 66,047 INT Towers Ltd US Dollar 2023 12.00 - 15.75% 196,219 128,063 IHS Towers NG Limited US Dollar 2023 15.49 % 795 987 Global Independent Connect Limited US Dollar 2023 15.25 - 15.49% 1,115 1,330 Global Independent Connect Limited Chinese Yuan 2023 12.05 % — 1,051 3,466,108 3,344,402

Lease liabilities (Tables)

Lease liabilities (Tables)	6 Months Ended
Lease liabilities (Tables)	Jun. 30, 2023
Lease liabilities.
Schedule of current and non current lease liabilities	June 30, December 31, 2023 2022* $’000 $’000 Current 88,321 87,240 Non‑current 504,118 518,318 Total lease liabilities 592,439 605,558
Schedule of contractual maturities of the lease liabilities	Total Carrying contractual Within 2 ‑ 3 4 ‑ 5 Over 5 value cash flows 1 year years years years $’000 $’000 $’000 $’000 $’000 $’000 June 30, 2023 Lease liabilities 592,439 1,075,343 94,892 181,690 168,935 629,826 December 31, 2022* Lease liabilities 605,558 1,108,532 92,417 179,930 168,231 667,954 *re-presented to reflect the remeasurement period adjustments, as required by IFRS 3, in respect of updates to the accounting for the MTN SA Acquisition in May 2022.

Provisions for other liabilit_2

Provisions for other liabilities and charges (Tables)	6 Months Ended
Provisions for other liabilities and charges (Tables)	Jun. 30, 2023
Provisions for other liabilities and charges
Schedule of decommissioning and site restoration provision	June 30, December 31, 2023 2022 $’000 $’000 At January 1 85,016 71,941 Additions through business combinations (note 27) — 34,419 Increase/(decrease) in provisions 2,520 (24,898) Payments for tower and tower equipment decommissioning (15) (343) Unwinding of discount 4,581 7,084 Effects of movement in exchange rates (4,068) (3,187) At end of period/year 88,034 85,016 Analysis of total decommissioning and site restoration provisions: Non‑current 87,739 84,533 Current 295 483 88,034 85,016

Stated capital (Tables)

Stated capital (Tables)	6 Months Ended
Stated capital (Tables)	Jun. 30, 2023
Stated capital
Schedule of stated capital	Ordinary Shares Share capital Share premium Number of net of net of shares Share capital issue costs Share Premium issue costs 000’s $’000 $’000 000’s $’000 At December 31, 2022 331,920 100,141 99,576 5,241,836 5,212,377 Shares issued on exercise of options 2,221 666 666 88,766 88,766 At June 30, 2023 334,141 100,807 100,242 5,330,602 5,301,143

Other reserves (Tables)

Other reserves (Tables)	6 Months Ended
Other reserves (Tables)	Jun. 30, 2023
Other reserves.
Schedule of other reserves	Fair value through other Share ‑ Loss on Foreign comprehensive based transaction exchange income Restructuring payment between translation reserve reserve reserve owners reserve Total $’000 $’000 $’000 $’000 $’000 $’000 At January 1, 2022 (3) 4,019 176,698 (840,359) (183,266) (842,911) Other comprehensive income* — — — — 59,521 59,521 Options converted to shares — — (88,469) — — (88,469) Recognition of share‑based payment expense — — 13,423 — — 13,423 Other reclassifications related to share-based payment — — (2,835) — — (2,835) At December 31, 2022 (3) 4,019 98,817 (840,359) (123,745) (861,271) At January 1, 2023 (3) 4,019 98,817 (840,359) (123,745) (861,271) Other comprehensive income 7 — — — 609,351 609,358 Options converted to shares — — (89,432) — — (89,432) Recognition of share‑based payment expense — — 6,618 — — 6,618 Other reclassifications related to share based payment — — (1,426) — — (1,426) At June 30, 2023 4 4,019 14,577 (840,359) 485,606 (336,153) *re-presented to reflect the remeasurement period adjustments, as required by IFRS 3, in respect of updates to the accounting for the MTN SA Acquisition in May 2022.

Non-controlling interest (Table

Non-controlling interest (Tables)	6 Months Ended
Non-controlling interest (Tables)	Jun. 30, 2023
Non-controlling interest.
Schedule of non controlling interests	Six months ended June 30, June 30, 2023 2022 $’000 $’000 Balance at January 1 227,200 223,188 Loss for the period (6,360) (3,216) Other comprehensive income 15,608 10,468 Balance at June 30 236,448 230,440
Schedule of summarized financial information of subsidiary	Summarized balance sheet I-Systems Soluções de Infraestrutura S.A. June 30, December 31, 2023 2022 $’000 $’000 Current assets 108,564 102,445 Current liabilities (40,538) (38,834) Current net assets 68,026 63,611 Non-current assets 524,956 462,122 Non-current liabilities (139,280) (92,453) Non-current net assets 385,676 369,669 Net assets 453,702 433,280 Accumulated non-controlling interest at the end of the period 222,274 212,307 Summarized statement of comprehensive income for the reporting period I-Systems Soluções de Infraestrutura S.A. Six months ended June 30, June 30, 2023 2022 $’000 $’000 Revenue 34,179 27,649 Loss for the period (11,283) (4,451) Other comprehensive income 31,622 12,169 Total comprehensive income 20,339 7,718 Loss allocated to non-controlling interest during the period (5,529) (2,181) Summarized statement of cash flows for the reporting period I-Systems Soluções de Infraestrutura S.A. Six months ended June 30, June 30, 2023 2022 $’000 $’000 Cash flows generated from operating activities 11,193 17,434 Cash flows used in investing activities (52,294) (37,197) Cash flows generated from/(used in) financing activities 33,680 (2) Net decrease in cash and cash equivalents (7,421) (19,765)

Cash from operations (Tables)

Cash from operations (Tables)	6 Months Ended
Cash from operations (Tables)	Jun. 30, 2023
Cash from operations
Schedule of cash flow from operations	Three months ended Six months ended June 30, 2023 June 30, 2022* June 30, 2023 June 30, 2022* $’000 $’000 $’000 $’000 Reconciliation: Loss before taxation (1,191,042) (161,472) (1,168,049) (130,097) Adjustments Depreciation of property, plant and equipment (note 6 and 7) 103,377 102,994 209,691 200,350 Amortization of intangible assets (note 6 and 7) 13,117 11,865 25,759 22,349 Net impairment/(reversal of impairment) of property, plant and equipment and prepaid land rent (note 6) 935 (3,514) 5,081 (1,331) Loss allowance/(reversal of loss allowance) on trade receivables (note 8) 954 668 4,514 (1,800) Impairment of withholding tax receivables (note 7) 13,349 12,930 24,604 27,717 Amortization of prepaid site rent 2,424 2,294 5,129 4,162 Net loss/(gain) on disposal of plant, property and equipment (note 7) 168 13,617 (566) 13,784 Insurance income (note 9) (133) (466) (278) (1,616) Finance costs (note 11) 1,366,012 261,886 1,542,979 380,902 Finance income (note 10) (8,373) (3,895) (13,160) (45,667) Impairment of inventory — — — 138 Share‑based payment expense (note 7) 3,628 2,051 6,917 5,625 Operating profit before working capital changes 304,416 238,958 642,621 474,516 Changes in working capital Decrease/(increase) in inventory 16,628 (23,134) 24,538 (19,721) Increase in trade and other receivables (49,000) (64,168) (137,079) (182,535) (Decrease)/increase in trade and other payables (7,912) 65,144 (13,926) 111,147 Net movement in working capital (40,284) (22,158) (126,467) (91,109) Cash from operations 264,132 216,800 516,154 383,407 *re-presented to reflect the remeasurement period adjustments, as required by IFRS 3, in respect of updates to the accounting for the GTS SP5 Acquisition in March 2022 and MTN SA Acquisition in May 2022.

Business Combinations (Tables)

Business Combinations (Tables)	6 Months Ended
Business Combinations (Tables)	Jun. 30, 2023
MTN telecom towers in South Africa
Business Combinations
Schedule of fair value adjustments in accordance with IFRS 3	As reported As re-presented 2022 Adjustments 2022 $’000 $’000 $’000 Gross consideration 421,239 — 421,239 Net cash consideration 421,239 — 421,239 Identifiable assets acquired and liabilities assumed: Towers and tower equipment 251,683 — 251,683 Customer related intangible asset 127,957 (6,492) 121,465 Network related intangible asset 67,837 1,904 69,741 Right of use asset 211,315 621 211,936 Lease liabilities (211,315) (621) (211,936) Deferred tax (52,864) 1,239 (51,625) Provisions for other liabilities and charges (34,419) — (34,419) Total identifiable net assets acquired 360,194 (3,349) 356,845 Goodwill 61,045 3,349 64,394 Revenue — post ‑ 10,697 Loss — post ‑ (8,591)
Sao Paulo Cinco Locacao de Torres Ltda (SP5)
Business Combinations
Summary of consideration paid and the fair value of assets and liabilities acquired at the acquisition date	2022 $’000 Gross consideration 317,188 Less: cash in business at the date of acquisition (1,896) Net cash consideration 315,292 Identifiable assets acquired and liabilities assumed: Towers and tower equipment 13,395 Land 885 Customer related intangible asset 48,353 Network related intangible asset 2,520 Right of use asset 266,666 Trade and other receivables 23,575 Lease liabilities (4,282) Trade and other payables (4,222) Deferred tax (86,239) Total identifiable net assets acquired 260,651 Goodwill 54,641 Revenue — post ‑ 12,385 Profit — post ‑ 5,262
IHS Kuwait Limited
Business Combinations
Summary of consideration paid and the fair value of assets and liabilities acquired at the acquisition date	2022 $’000 Gross consideration 2,729 Less: consideration received in exchange for a retained 30% interest (by Zain) in IHS GCC KW (819) Net cash consideration for 70% controlling interest 1,910 Identifiable assets acquired and liabilities assumed: Towers and tower equipment 1,032 Customer-related assets 1,947 Network-related assets 671 Trade and other receivables — Trade and other payables (921) Total identifiable net assets acquired (at 100% ) 2,729 Goodwill — Determination of non-controlling interest Total identifiable net assets acquired (at 100%) 2,729 Shareholder funding provided by the Group and external debt* — 2,729 Non-controlling interest portion of above at 30% 819 Revenue — post ‑ n.a. Profit/(loss) — post ‑ n.a. * This was shareholder funding provided by the Group and recorded as short term liabilities in IHS GCC KW. These funds were loaned to IHS Kuwait to fund the acquisition of the towers from Zain. This short term liability was subsequently replaced by external debt.

Significant accounting polici_3

Significant accounting policies (Details)	6 Months Ended
Significant accounting policies (Details)	Jun. 30, 2023 segment
Significant accounting policies
Number of reportable segments	4

Critical accounting estimates_2

Critical accounting estimates and assumptions (Details) - USD ($) $ in Thousands	Jun. 30, 2023	Mar. 31, 2023	Dec. 31, 2022		Jun. 30, 2022	Mar. 31, 2022	Dec. 31, 2021
Critical accounting estimates and assumptions
Cash and cash equivalents	$ 433,048	$ 515,589	$ 514,078	[1]	$ 567,298	$ 508,609	$ 916,488

[1]re-presented to reflect the remeasurement period adjustments, as required by IFRS 3, in respect of updates to the accounting for the MTN SA Acquisition in May 2022.

Capital risk management - Finan

Capital risk management - Financial instruments that are measured at fair value (Details) - USD ($) $ in Thousands	Jun. 30, 2023	Dec. 31, 2022
Disclosure of nature and extent of risks arising from financial instruments [line items]
Financial instruments at fair value	$ (42,808)	$ 4,738
Fair value through other comprehensive income financial assets
Disclosure of nature and extent of risks arising from financial instruments [line items]
Financial instruments at fair value	11	10
Interest rate caps
Disclosure of nature and extent of risks arising from financial instruments [line items]
Financial instruments at fair value	1,182	821
Embedded options within listed bonds
Disclosure of nature and extent of risks arising from financial instruments [line items]
Financial instruments at fair value	6,050	5,300
Foreign exchange swaps
Disclosure of nature and extent of risks arising from financial instruments [line items]
Financial instruments at fair value	(50,051)	(1,393)
Level 1 of fair value hierarchy [member]
Disclosure of nature and extent of risks arising from financial instruments [line items]
Financial instruments at fair value	11	10
Level 1 of fair value hierarchy [member] \| Fair value through other comprehensive income financial assets
Disclosure of nature and extent of risks arising from financial instruments [line items]
Financial instruments at fair value	11	10
Level 2 of fair value hierarchy [member]
Disclosure of nature and extent of risks arising from financial instruments [line items]
Financial instruments at fair value	(42,819)	4,728
Level 2 of fair value hierarchy [member] \| Interest rate caps
Disclosure of nature and extent of risks arising from financial instruments [line items]
Financial instruments at fair value	1,182	821
Level 2 of fair value hierarchy [member] \| Embedded options within listed bonds
Disclosure of nature and extent of risks arising from financial instruments [line items]
Financial instruments at fair value	6,050	5,300
Level 2 of fair value hierarchy [member] \| Foreign exchange swaps
Disclosure of nature and extent of risks arising from financial instruments [line items]
Financial instruments at fair value	$ (50,051)	$ (1,393)

Capital risk management - Fair

Capital risk management - Fair value estimation (Details) - Not measured at fair value in statement of financial position but for which fair value is disclosed [member] - USD ($) $ in Thousands	Jun. 30, 2023	Dec. 31, 2022
Disclosure of nature and extent of risks arising from financial instruments [line items]
Financial liabilities, Carrying value	$ 3,466,108	$ 3,344,402
Fair value	3,225,578	3,116,193
Bank and bond borrowings
Disclosure of nature and extent of risks arising from financial instruments [line items]
Financial liabilities, Carrying value	3,466,108	3,344,402
Fair value	$ 3,225,578	$ 3,116,193

Segment reporting - Summarized

Segment reporting - Summarized financial information (Details) $ in Thousands	3 Months Ended			6 Months Ended
	Jun. 30, 2023 USD ($)	Jun. 30, 2022 USD ($)		Jun. 30, 2023 USD ($) segment	Jun. 30, 2022 USD ($)		Dec. 31, 2022 USD ($)	[2]
Geographical information
Number of operating segments \| segment				4
Number of reportable segments \| segment				4
Revenues from external customers	$ 546,204	$ 467,683	[1]	$ 1,148,732	$ 913,815	[1]
Segment Adjusted EBITDA	303,710	239,176		639,254	484,048
Depreciation and amortization	(116,494)	(114,859)		(235,450)	(222,699)
Net gain/(loss) on disposal of property, plant and equipment	(168)	(13,617)		566	(13,784)
Insurance claims	133	466		278	1,616
Net (impairment)/reversal of impairment of property, plant and equipment and prepaid land rent	(935)	3,514		(5,081)	1,331
Impairment of withholding tax receivables	(13,349)	(12,932)		(24,604)	(27,717)
Business combination transaction costs	(27)	(5,679)		(1,486)	(14,039)
Other costs	(2,673)			(4,848)	(514)
Share-based payment expense	(3,628)	(2,051)		(6,917)	(5,625)
Finance income	8,373	3,895	[1]	13,160	45,667	[1]
Finance costs	(1,366,012)	(261,886)	[1]	(1,542,979)	(380,902)	[1]
Other income	28	2,501		58	2,521
Loss before income tax	(1,191,042)	(161,472)	[1]	(1,168,049)	(130,097)	[1]
Segment assets	5,684,342			5,684,342			$ 6,320,733
Segment liabilities	4,933,595			4,933,595			$ 4,960,503
Consulting fees relating to corporate structures and operating systems	1,200			2,800
Non-recurring consulting fees	1,000			1,000
Professional costs related to financing				200
Elimination of intersegment amounts
Geographical information
Revenues from external customers				0
Nigeria
Geographical information
Revenues from external customers	364,592	321,125		789,570	641,781
Segment Adjusted EBITDA	238,448	183,698		510,327	386,717
Additions of property, plant and equipment, right of use assets and intangible assets: - in the normal course of business	137,078	72,039		217,165	128,189
Segment assets	1,598,556	2,279,885		1,598,556	2,279,885
Segment liabilities	910,389	922,197		910,389	922,197
SSA
Geographical information
Revenues from external customers	123,393	94,902		245,553	180,530
Segment Adjusted EBITDA	62,933	52,990		128,417	99,989
Additions of property, plant and equipment , right of use assets and intangible assets: - through business combinations		719,219			719,219
Additions of property, plant and equipment, right of use assets and intangible assets: - in the normal course of business	25,209	39,254		52,980	52,171
Segment assets	1,542,837	1,736,548		1,542,837	1,736,548
Segment liabilities	838,874	964,570		838,874	964,570
Latam
Geographical information
Revenues from external customers	48,344	42,780		93,993	74,013
Segment Adjusted EBITDA	35,330	30,904		66,502	53,017
Additions of property, plant and equipment , right of use assets and intangible assets: - through business combinations					386,460
Additions of property, plant and equipment, right of use assets and intangible assets: - in the normal course of business	56,214	23,918		99,139	51,126
Segment assets	2,074,469	1,948,501		2,074,469	1,948,501
Segment liabilities	633,811	599,485		633,811	599,485
MENA
Geographical information
Revenues from external customers	9,875	8,876		19,616	17,491
Segment Adjusted EBITDA	5,384	4,170		9,050	7,788
Additions of property, plant and equipment, right of use assets and intangible assets: - in the normal course of business	5,485	7,691		8,812	12,346
Segment assets	178,333	176,422		178,333	176,422
Segment liabilities	111,541	105,967		111,541	105,967
Other
Geographical information
Segment Adjusted EBITDA	$ (38,385)	$ (32,586)		$ (75,042)	$ (63,463)

[1]re-presented to reflect the remeasurement period adjustments, as required by IFRS 3, in respect of updates to the accounting for the GTS SP5 Acquisition in March 2022 and MTN SA Acquisition in May 2022.[2]re-presented to reflect the remeasurement period adjustments, as required by IFRS 3, in respect of updates to the accounting for the MTN SA Acquisition in May 2022.

Segment reporting - Major custo

Segment reporting - Major customers (Details) - USD ($)	3 Months Ended		6 Months Ended
Segment reporting - Major customers (Details) - USD ($)	Jun. 30, 2023	Jun. 30, 2022	Jun. 30, 2023	Jun. 30, 2022
Geographical information
Number of major customers			2	2
Customer A
Geographical information
Revenue percentage	61%	62%	59%	62%
Customer B
Geographical information
Revenue percentage	18%	16%	17%	16%

Cost of sales (Details)

Cost of sales (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
Cost of sales (Details) - USD ($) $ in Thousands	Jun. 30, 2023	Jun. 30, 2022	Jun. 30, 2023	Jun. 30, 2022
Expense by nature
Net impairment/(reversal of impairment) of property, plant and equipment and prepaid land rent	$ 935	$ (3,514)	$ 5,081	$ (1,331)
Indirect tax receivable			200
Cost of sales
Expense by nature
Tower repairs and maintenance	29,534	21,460	57,398	43,257
Power generation	98,642	104,698	213,932	192,254
Short term rental	2,007	6,368	5,590	10,216
Vehicle maintenance and repairs	498	577	1,061	1,034
Site regulatory permits	10,237	7,009	21,197	18,041
Security services	11,308	9,946	24,106	19,338
Insurance	1,247	1,229	2,554	2,397
Staff costs	8,355	7,927	18,145	15,210
Travel costs	2,734	833	6,214	1,241
Professional fees	660	620	1,201	1,903
Depreciation	100,319	100,712	203,973	195,959
Amortization	11,709	11,302	22,963	18,949
Net impairment/(reversal of impairment) of property, plant and equipment and prepaid land rent	935	(3,514)	5,081	(1,331)
Other	(92)	1,444	1,366	2,732
Total	$ 278,093	$ 270,611	$ 584,781	$ 521,200

Administrative expenses (Detail

Administrative expenses (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
Administrative expenses (Details) - USD ($) $ in Thousands	Jun. 30, 2023	Jun. 30, 2022	Jun. 30, 2023	Jun. 30, 2022
Expense by nature
Share-based payment expense	$ 3,628	$ 2,051	$ 6,917	$ 5,625
Business combination transaction costs	27	5,679	1,486	14,039
Impairment of withholding tax receivables	13,349	12,932	24,604	27,717
Net loss/(gain) on disposal of property, plant and equipment	168	13,617	(566)	13,784
Other	2,673		$ 4,848	514
Cash flow projection period for assessment of withholding tax asset recoverability			5 years
Administrative expense
Expense by nature
Facilities, short term rental and upkeep	10,033	8,863	$ 21,188	16,891
Depreciation	3,058	2,282	5,718	4,391
Amortization	1,408	563	2,796	3,400
Travel costs	3,534	4,182	6,678	6,659
Staff costs	38,725	31,718	76,555	61,849
Key management compensation	4,033	3,968	8,240	8,323
Share-based payment expense	3,628	2,051	6,917	5,625
Professional fees	15,742	10,150	29,403	18,470
Business combination transaction costs	27	5,679	1,486	14,039
Impairment of withholding tax receivables	13,349	12,932	24,604	27,717
Net loss/(gain) on disposal of property, plant and equipment	168	13,617	(566)	13,784
Operating taxes	36	138	116	341
Other	6,980	6,709	14,868	11,925
Total	$ 100,721	$ 102,852	$ 198,003	$ 193,414

(Loss allowance)_reversal of _2

(Loss allowance)/reversal of loss allowance on trade receivables (Details) - USD ($) $ in Thousands	3 Months Ended			6 Months Ended
	Jun. 30, 2023	Jun. 30, 2022		Jun. 30, 2023	Jun. 30, 2022
Reversal of loss Allowance/(loss allowance) on trade receivables
Impairment loss (reversal of impairment loss) on trade receivables, net	$ 954	$ 668	[1]	$ 4,514	$ (1,800)	[1]

[1]re-presented to reflect the remeasurement period adjustments, as required by IFRS 3, in respect of updates to the accounting for the GTS SP5 Acquisition in March 2022 and MTN SA Acquisition in May 2022.

Other income (Details)

Other income (Details) - USD ($) $ in Thousands	3 Months Ended			6 Months Ended
Other income (Details) - USD ($) $ in Thousands	Jun. 30, 2023	Jun. 30, 2022		Jun. 30, 2023	Jun. 30, 2022
Other income.
Insurance claims	$ 133	$ 466		$ 278	$ 1,616
Other income	28	2,501		58	2,521
Total other income	$ 161	$ 2,967	[1]	$ 336	$ 4,137	[1]

[1]re-presented to reflect the remeasurement period adjustments, as required by IFRS 3, in respect of updates to the accounting for the GTS SP5 Acquisition in March 2022 and MTN SA Acquisition in May 2022.

Finance Income (Details)

Finance Income (Details) - USD ($) $ in Thousands	3 Months Ended			6 Months Ended
Finance Income (Details) - USD ($) $ in Thousands	Jun. 30, 2023	Jun. 30, 2022		Jun. 30, 2023	Jun. 30, 2022
Finance income.
Interest income - bank deposits	$ 5,079	$ 3,888		$ 11,577	$ 7,016
Net foreign exchange gain on derivative instruments - realized	420	7		420
Net foreign exchange gain arising from financing - unrealized					38,651
Fair value gain on embedded options and interest rate caps	2,874			1,163
Total Finance income	$ 8,373	$ 3,895	[1]	$ 13,160	$ 45,667	[1]

[1]re-presented to reflect the remeasurement period adjustments, as required by IFRS 3, in respect of updates to the accounting for the GTS SP5 Acquisition in March 2022 and MTN SA Acquisition in May 2022.

Finance Costs (Details)

Finance Costs (Details) - USD ($) $ in Thousands	3 Months Ended			6 Months Ended
Finance Costs (Details) - USD ($) $ in Thousands	Jun. 30, 2023	Jun. 30, 2022		Jun. 30, 2023	Jun. 30, 2022
Finance costs.
Interest expenses - third party loans	$ 90,407	$ 55,203		$ 174,991	$ 110,314
Interest expense - withholding tax paid on bond interest	6,741	4,364		6,741	4,364
Unwinding of discount on decommissioning liability	2,320	1,434		4,581	2,667
Interest and finance charges paid/payable for lease liabilities	16,307	13,241		31,202	22,800
Net foreign exchange loss arising from financing - unrealized	1,123,669	73,188		1,150,370
Net foreign exchange loss arising from financing - realized	61,639	53,905		107,052	63,678
Net foreign exchange loss on derivative instruments-unrealized	62,439	2,114		62,109	3,374
Net foreign exchange loss on derivative instruments - realized					1,130
Fair value loss on embedded options		53,330			162,330
Fees on loans and financial derivatives	2,490	5,107		5,933	10,245
Finance costs	$ 1,366,012	$ 261,886	[1]	$ 1,542,979	$ 380,902	[1]

[1]re-presented to reflect the remeasurement period adjustments, as required by IFRS 3, in respect of updates to the accounting for the GTS SP5 Acquisition in March 2022 and MTN SA Acquisition in May 2022.

Taxation (Details)

Taxation (Details) - USD ($) $ in Thousands	3 Months Ended			6 Months Ended
Taxation (Details) - USD ($) $ in Thousands	Jun. 30, 2023	Jun. 30, 2022		Jun. 30, 2023	Jun. 30, 2022		Dec. 31, 2022	[2]
Income Tax Expense
Current taxes on income	$ 27,609	$ 22,539		$ 62,917	$ 52,008
Deferred income taxes	29,632	(5,437)		9,542	(18,650)
Total taxes	57,241	$ 17,102	[1]	72,459	$ 33,358	[1]
Deferred tax liabilities	$ 154,588			$ 154,588			$ 183,518

[1]re-presented to reflect the remeasurement period adjustments, as required by IFRS 3, in respect of updates to the accounting for the GTS SP5 Acquisition in March 2022 and MTN SA Acquisition in May 2022.[2]re-presented to reflect the remeasurement period adjustments, as required by IFRS 3, in respect of updates to the accounting for the MTN SA Acquisition in May 2022.

Loss per share (Details)

Loss per share (Details) - USD ($) $ / shares in Units, shares in Thousands, $ in Thousands	3 Months Ended			6 Months Ended
	Jun. 30, 2023	Jun. 30, 2022		Jun. 30, 2023	Jun. 30, 2022
Income per share
Loss for the period	$ (1,248,283)	$ (178,574)	[1]	$ (1,240,508)	$ (163,455)	[1]
Non-controlling interests	(3,554)	(1,817)	[1]	(6,360)	(3,216)	[1]
Loss attributable to IHS common shareholders	$ (1,244,729)	$ (176,757)		$ (1,234,148)	$ (160,239)
Basic weighted average shares outstanding	334,108	331,688		333,053	330,128
Potentially dilutive securities	1,583	3,467		2,538	4,648
Potentially dilutive weighted average common shares outstanding	335,691	335,155		335,591	334,776
Basic loss per share	$ (3.73)	$ (0.53)	[1]	$ (3.71)	$ (0.49)	[1]
Diluted loss per share	$ (3.73)	$ (0.53)	[1]	$ (3.71)	$ (0.49)	[1]

[1]re-presented to reflect the remeasurement period adjustments, as required by IFRS 3, in respect of updates to the accounting for the GTS SP5 Acquisition in March 2022 and MTN SA Acquisition in May 2022.

Property, plant and equipment_2

Property, plant and equipment (Details) - USD ($) $ in Thousands		6 Months Ended	12 Months Ended
		Jun. 30, 2023	Dec. 31, 2022
Disclosure of detailed information about property, plant and equipment [line items]
Beginning balance	[1]	$ 2,075,441
Ending balance		1,868,456	$ 2,075,441	[1]
Total (excluding right-of-use assets)
Disclosure of detailed information about property, plant and equipment [line items]
Beginning balance		2,075,441
Ending balance		1,868,456	2,075,441
Total (excluding right-of-use assets) \| Cost
Disclosure of detailed information about property, plant and equipment [line items]
Beginning balance		3,736,078	3,328,495
Additions during the period		281,071	416,326
Additions through business combinations			266,995
Transfer from advance payments		40,366	125,785
Disposals		(39,549)	(241,095)
Effects of movement in exchange rates		(795,326)	(160,428)
Ending balance		3,222,640	3,736,078
Total (excluding right-of-use assets) \| Accumulated depreciation and impairment
Disclosure of detailed information about property, plant and equipment [line items]
Beginning balance		(1,660,637)	(1,614,234)
Charge for the period		160,700	333,876
Net impairment/(reversal of impairment)		4,838	34,903
Disposals		37,875	235,690
Effects of movement in exchange rates		434,116	86,686
Ending balance		(1,354,184)	(1,660,637)
Towers and tower equipment
Disclosure of detailed information about property, plant and equipment [line items]
Beginning balance		1,400,241
Ending balance		1,168,413	1,400,241
Towers and tower equipment \| Cost
Disclosure of detailed information about property, plant and equipment [line items]
Beginning balance		2,961,567	2,829,528
Additions during the period		19,806	(20,994)
Additions through business combinations			266,110
Reclassification		71,540	176,625
Transfer from advance payments		24,763	100,578
Disposals		(3,426)	(239,350)
Effects of movement in exchange rates		(649,820)	(150,930)
Ending balance		2,424,430	2,961,567
Towers and tower equipment \| Accumulated depreciation and impairment
Disclosure of detailed information about property, plant and equipment [line items]
Beginning balance		(1,561,326)	(1,575,315)
Charge for the period		125,076	268,999
Net impairment/(reversal of impairment)		4,360	34,702
Disposals		2,915	234,117
Effects of movement in exchange rates		431,830	83,573
Ending balance		(1,256,017)	(1,561,326)
Fiber assets
Disclosure of detailed information about property, plant and equipment [line items]
Beginning balance		305,150
Ending balance		337,757	305,150
Fiber assets \| Cost
Disclosure of detailed information about property, plant and equipment [line items]
Beginning balance		364,182	250,690
Additions during the period		8,785	70,905
Reclassification		53,424	10,991
Transfer from advance payments		15	16,412
Disposals		(33,439)
Effects of movement in exchange rates		10,465	15,184
Ending balance		403,432	364,182
Fiber assets \| Accumulated depreciation and impairment
Disclosure of detailed information about property, plant and equipment [line items]
Beginning balance		(59,032)	(5,354)
Charge for the period		31,457	54,152
Net impairment/(reversal of impairment)		481	201
Disposals		32,374
Effects of movement in exchange rates		(7,079)	675
Ending balance		(65,675)	(59,032)
Land and buildings
Disclosure of detailed information about property, plant and equipment [line items]
Beginning balance		61,753
Ending balance		46,005	61,753
Land and buildings \| Cost
Disclosure of detailed information about property, plant and equipment [line items]
Beginning balance		63,586	56,268
Additions during the period		1,292	1,489
Additions through business combinations			885
Reclassification		3,806	1,992
Transfer from advance payments		1,446	6,754
Effects of movement in exchange rates		(22,854)	(3,802)
Ending balance		47,276	63,586
Land and buildings \| Accumulated depreciation and impairment
Disclosure of detailed information about property, plant and equipment [line items]
Beginning balance		(1,833)	(1,637)
Charge for the period		143	315
Effects of movement in exchange rates		705	119
Ending balance		(1,271)	(1,833)
Furniture and office equipment
Disclosure of detailed information about property, plant and equipment [line items]
Beginning balance		10,871
Ending balance		6,020	10,871
Furniture and office equipment \| Cost
Disclosure of detailed information about property, plant and equipment [line items]
Beginning balance		32,308	22,198
Additions during the period		1,082	7,453
Reclassification		(3,025)	4,231
Transfer from advance payments			33
Disposals		(1,133)	(459)
Effects of movement in exchange rates		(5,616)	(1,148)
Ending balance		23,616	32,308
Furniture and office equipment \| Accumulated depreciation and impairment
Disclosure of detailed information about property, plant and equipment [line items]
Beginning balance		(21,437)	(17,157)
Charge for the period		1,795	5,800
Net impairment/(reversal of impairment)		(3)
Disposals		1,129	301
Effects of movement in exchange rates		4,504	1,219
Ending balance		(17,596)	(21,437)
Motor vehicles
Disclosure of detailed information about property, plant and equipment [line items]
Beginning balance		10,268
Ending balance		7,274	10,268
Motor vehicles \| Cost
Disclosure of detailed information about property, plant and equipment [line items]
Beginning balance		27,277	23,458
Additions during the period		2,421	6,961
Reclassification		84
Disposals		(1,551)	(1,286)
Effects of movement in exchange rates		(7,332)	(1,856)
Ending balance		20,899	27,277
Motor vehicles \| Accumulated depreciation and impairment
Disclosure of detailed information about property, plant and equipment [line items]
Beginning balance		(17,009)	(14,771)
Charge for the period		2,229	4,610
Disposals		1,457	1,272
Effects of movement in exchange rates		4,156	1,100
Ending balance		(13,625)	(17,009)
Capital work in progress
Disclosure of detailed information about property, plant and equipment [line items]
Beginning balance		287,158
Ending balance		302,987	287,158
Capital work in progress \| Cost
Disclosure of detailed information about property, plant and equipment [line items]
Beginning balance		287,158	146,353
Additions during the period		247,685	350,512
Reclassification		(125,829)	(193,839)
Transfer from advance payments		14,142	2,008
Effects of movement in exchange rates		(120,169)	(17,876)
Ending balance		302,987	287,158
Right-of-use asset
Disclosure of detailed information about property, plant and equipment [line items]
Beginning balance		965,019
Ending balance		902,589	965,019
Right-of-use asset \| Cost
Disclosure of detailed information about property, plant and equipment [line items]
Beginning balance		1,165,180	650,504
Additions during the period		49,009	100,832
Additions through business combinations			478,602
Disposals		(10,945)	(17,755)
Effects of movement in exchange rates		(89,904)	(47,003)
Ending balance		1,113,340	1,165,180
Right-of-use asset \| Accumulated depreciation and impairment
Disclosure of detailed information about property, plant and equipment [line items]
Beginning balance		(200,161)	(129,853)
Charge for the period		49,227	88,615
Net impairment/(reversal of impairment)		243	3,151
Disposals		7,184	13,237
Effects of movement in exchange rates		31,696	8,221
Ending balance		$ (210,751)	$ (200,161)

[1]re-presented to reflect the remeasurement period adjustments, as required by IFRS 3, in respect of updates to the accounting for the MTN SA Acquisition in May 2022.

Property, plant and equipment -

Property, plant and equipment - Additional Information (Details) - USD ($) $ in Thousands	6 Months Ended
	Jun. 30, 2023	Dec. 31, 2022	[1]
Disclosure of detailed information about property, plant and equipment [line items]
Borrowing costs capitalized	$ 0
Right of use assets	902,589	$ 965,019
IHS Brasil Cesso de Infraestruturas S.A.
Disclosure of detailed information about property, plant and equipment [line items]
Indirect taxes benefit	$ 200

[1]re-presented to reflect the remeasurement period adjustments, as required by IFRS 3, in respect of updates to the accounting for the MTN SA Acquisition in May 2022.

Goodwill and other intangible_3

Goodwill and other intangible assets (Details) - USD ($) $ in Thousands	6 Months Ended	12 Months Ended
	Jun. 30, 2023	Dec. 31, 2022
Goodwill and other intangible assets
Beginning balance	$ 1,812,491
Ending balance	1,637,506	$ 1,812,491
Cost
Goodwill and other intangible assets
Beginning balance	2,152,127	1,806,617
Additions during the year	10,729	21,185
Additions through business combinations		363,732
Disposals	(17)	(399)
Effects of movements in exchange rates	(193,036)	(39,008)
Ending balance	1,969,803	2,152,127
Accumulated amortization and impairment
Goodwill and other intangible assets
Beginning balance	(339,636)	(180,992)
Charge for the year	25,759	47,330
Impairment charge for the year		121,596
Disposals	17	398
Effects of movements in exchange rates	33,081	9,884
Ending balance	(332,297)	(339,636)
Goodwill
Goodwill and other intangible assets
Beginning balance	763,388
Ending balance	664,450	763,388
Goodwill \| Cost
Goodwill and other intangible assets
Beginning balance	885,639	780,147
Additions through business combinations		119,035
Effects of movements in exchange rates	(89,642)	(13,543)
Ending balance	795,997	885,639
Goodwill \| Accumulated amortization and impairment
Goodwill and other intangible assets
Beginning balance	(122,251)	(251)
Impairment charge for the year		121,596
Effects of movements in exchange rates	(9,296)	(404)
Ending balance	(131,547)	(122,251)
Customerrelated intangible assets
Goodwill and other intangible assets
Beginning balance	871,964
Ending balance	799,187	871,964
Customerrelated intangible assets \| Cost
Goodwill and other intangible assets
Beginning balance	1,031,366	877,764
Additions through business combinations		171,765
Effects of movements in exchange rates	(87,391)	(18,163)
Ending balance	943,975	1,031,366
Customerrelated intangible assets \| Accumulated amortization and impairment
Goodwill and other intangible assets
Beginning balance	(159,402)	(131,568)
Charge for the year	17,956	36,169
Effects of movements in exchange rates	32,570	8,335
Ending balance	(144,788)	(159,402)
Network - related intangible assets
Goodwill and other intangible assets
Beginning balance	147,714
Ending balance	137,534	147,714
Network - related intangible assets \| Cost
Goodwill and other intangible assets
Beginning balance	175,290	107,202
Additions through business combinations		72,932
Effects of movements in exchange rates	(12,153)	(4,844)
Ending balance	163,137	175,290
Network - related intangible assets \| Accumulated amortization and impairment
Goodwill and other intangible assets
Beginning balance	(27,576)	(21,885)
Charge for the year	3,790	6,936
Effects of movements in exchange rates	5,763	1,245
Ending balance	(25,603)	(27,576)
Licenses
Goodwill and other intangible assets
Beginning balance	21,512
Ending balance	20,681	21,512
Licenses \| Cost
Goodwill and other intangible assets
Beginning balance	30,588	17,706
Additions during the year	2,917	14,772
Disposals	(17)	(4)
Effects of movements in exchange rates	(290)	(1,886)
Ending balance	33,198	30,588
Licenses \| Accumulated amortization and impairment
Goodwill and other intangible assets
Beginning balance	(9,076)	(6,877)
Charge for the year	3,255	2,598
Disposals	17	4
Effects of movements in exchange rates	(203)	395
Ending balance	(12,517)	(9,076)
Software
Goodwill and other intangible assets
Beginning balance	7,913
Ending balance	15,654	7,913
Software \| Cost
Goodwill and other intangible assets
Beginning balance	29,244	23,798
Additions during the year	7,812	6,413
Disposals		(395)
Effects of movements in exchange rates	(3,560)	(572)
Ending balance	33,496	29,244
Software \| Accumulated amortization and impairment
Goodwill and other intangible assets
Beginning balance	(21,331)	(20,411)
Charge for the year	758	1,627
Disposals		394
Effects of movements in exchange rates	4,247	313
Ending balance	$ (17,842)	$ (21,331)

Derivative financial instrume_3

Derivative financial instruments - Notional amount (Details) - USD ($) $ in Thousands	Jun. 30, 2023	Dec. 31, 2022
Derivatives
Derivative financial instruments
Derivative instruments, notional amount	$ 2,065,000	$ 2,100,448
Foreign exchange swaps
Derivative financial instruments
Derivative instruments, notional amount	125,000	160,448
Embedded options within listed bonds
Derivative financial instruments
Derivative instruments, notional amount	$ 1,940,000	$ 1,940,000

Derivative financial instrume_4

Derivative financial instruments - Fair value (Details) - USD ($) $ in Thousands	Jun. 30, 2023	Dec. 31, 2022
Derivatives
Derivative financial instruments
Derivative financial instruments at fair value	$ (42,819)	$ 4,728
Foreign exchange swaps
Derivative financial instruments
Derivative financial instruments at fair value	(50,051)	(1,393)
Interest rate caps
Derivative financial instruments
Derivative financial instruments at fair value	1,182	821
Embedded options within listed bonds
Derivative financial instruments
Derivative financial instruments at fair value	$ 6,050	$ 5,300

Derivative financial instrume_5

Derivative financial instruments - Change in fair value of the derivative instruments (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2023	Jun. 30, 2022	Jun. 30, 2023	Jun. 30, 2022
Derivative financial instruments
Change in fair value of the derivative instruments	$ (59,565)	$ (55,444)	$ (60,946)	$ (165,704)
Foreign exchange swaps/nondeliverable forwards
Derivative financial instruments
Change in fair value of the derivative instruments	(62,439)	(2,114)	(62,109)	(3,374)
Interest rate caps
Derivative financial instruments
Change in fair value of the derivative instruments	564		413
Embedded options within listed bonds
Derivative financial instruments
Change in fair value of the derivative instruments	$ 2,310	$ (53,330)	$ 750	$ (162,330)

Trade and other receivables (De

Trade and other receivables (Details) - USD ($) $ in Thousands	6 Months Ended
	Jun. 30, 2023	Dec. 31, 2022
Trade and other current receivables [abstract]
Net trade receivables	$ 194,038	$ 211,025
Other receivables	347,248	387,019
Prepaid land rent	1,110	1,030
Other prepaid expenses	26,917	26,820
Advance payments	26,224	22,076
Withholding tax	1,198	1,201
VAT receivables	13,584	14,296
Trade and other current receivables	610,319	663,467	[1]
Trade and other non-current receivables [abstract]
Accrued income and lease incentive	44,452	35,321
Other tax receivables	6,053	5,945
Payment in advance for property, plant and equipment	74,209	83,118
Contingent consideration receivable	6,405	5,963
Trade and other non-current receivables	$ 131,119	130,347	[1]
Top of range
Trade and other non-current receivables [abstract]
Non-current receivable due term	20 years
Gross carrying amount [member]
Trade and other current receivables [abstract]
Net trade receivables	$ 212,458	236,390
Accumulated impairment [member]
Trade and other current receivables [abstract]
Net trade receivables	$ (18,420)	$ (25,365)

[1]re-presented to reflect the remeasurement period adjustments, as required by IFRS 3, in respect of updates to the accounting for the MTN SA Acquisition in May 2022.

Trade and other payables (Detai

Trade and other payables (Details) - USD ($) $ in Thousands	Jun. 30, 2023	Dec. 31, 2022
Current
Trade payables	$ 344,526	$ 442,959
Deferred revenue	54,179	86,363
Withholding tax payable	2,977	5,820
Payroll and other related statutory liabilities	32,967	45,331
VAT payables	32,900	51,103
Other payables	53,063	37,573
Trade and other payables	520,612	669,149	[1]
Non-current
Other payables	2,320	1,459
Trade and other payables, non current	$ 2,320	$ 1,459	[1]

[1]re-presented to reflect the remeasurement period adjustments, as required by IFRS 3, in respect of updates to the accounting for the MTN SA Acquisition in May 2022.

Borrowings - Debt classificatio

Borrowings - Debt classification (Details) - USD ($) $ in Thousands	Jun. 30, 2023	Dec. 31, 2022
Borrowings
Non Current Borrowings	$ 3,028,771	$ 2,906,288	[1]
Current borrowings	437,337	438,114	[1]
Borrowings	3,466,108	3,344,402
Senior Notes
Borrowings
Non Current Borrowings	1,927,619	1,920,783
Current borrowings	26,620	27,060
Bank borrowings
Borrowings
Non Current Borrowings	1,101,152	985,505
Current borrowings	112,598	213,576
Letters of credit
Borrowings
Current borrowings	$ 298,119	$ 197,478

[1]re-presented to reflect the remeasurement period adjustments, as required by IFRS 3, in respect of updates to the accounting for the MTN SA Acquisition in May 2022.

Borrowings - Debt instrument (D

Borrowings - Debt instrument (Details) $ in Thousands, د.ك in Millions, R in Millions	Jun. 30, 2023 USD ($)	Jun. 30, 2023 KWD (د.ك)	Jun. 30, 2023 ZAR (R)	Dec. 31, 2022 USD ($)
Borrowings
Borrowings	$ 3,466,108			$ 3,344,402
IHS Holding limited, Senior Note Maturing 2026 \| US Dollar
Borrowings
Interest rate	5.63%	5.63%	5.63%
Borrowings	$ 498,264			497,861
IHS Holding limited, Senior Note Maturing 2028 \| US Dollar
Borrowings
Interest rate	6.25%	6.25%	6.25%
Borrowings	$ 498,172			497,979
IHS Netherlands Holdco B.V., Senior Note Maturing 2027 \| US Dollar
Borrowings
Interest rate	8%	8%	8%
Borrowings	$ 957,803			952,003
IHS Holding Term Loan Facility \| US Dollar
Borrowings
Borrowings	$ 369,861			368,630
IHS Holding Term Loan Facility \| US Dollar \| CAS + SOFR
Borrowings
Borrowings, adjustment to interest rate basis	3.75%	3.75%	3.75%
IHS (Nigeria) Limited, IHSN NG1, maturing 2023 \| Nigeria Naira
Borrowings
Borrowings				57,448
IHS (Nigeria) Limited, IHSN NG1, maturing 2023 \| Nigeria Naira \| Maximum
Borrowings
Interest rate	18%	18%	18%
IHS (Nigeria) Limited, IHSN NG1, maturing 2023 \| Nigeria Naira \| Minimum
Borrowings
Interest rate	12.50%	12.50%	12.50%
IHS (Nigeria) Limited, Borrowing, Maturing 2026 \| Nigeria Naira
Borrowings
Interest rate	20%	20%	20%
Borrowings	$ 26,718
INT Towers Limited, maturing 2024 \| Nigeria Naira
Borrowings
Borrowings				191,188
INT Towers Limited, maturing 2024 \| Nigeria Naira \| 3M NIBOR
Borrowings
Borrowings, adjustment to interest rate basis	2.50%	2.50%	2.50%
INT Towers Limited, maturing 2028 \| Nigeria Naira
Borrowings
Interest rate	20%	20%	20%
Borrowings	$ 224,303
IHS Cte d'Ivoire Ltd (CFA Franc) maturing 2024 \| CFA Franc
Borrowings
Interest rate	5%	5%	5%
Borrowings	$ 12,875			18,854
IHS Cte d'Ivoire Ltd (Euro) maturing 2024 \| Euro
Borrowings
Borrowings	$ 9,618			14,217
IHS Cte d'Ivoire Ltd (Euro) maturing 2024 \| Euro \| 3M EURIBOR
Borrowings
Borrowings, adjustment to interest rate basis	3%	3%	3%
IHS Zambia Limited, 2027 \| US Dollar
Borrowings
Borrowings	$ 90,120			94,596
IHS Zambia Limited, 2027 \| US Dollar \| 3M LIBOR
Borrowings
Borrowings, adjustment to interest rate basis	5%	5%	5%
IHS Brasil Cesso de Infraestruturas Limitada, 2029 \| Brazil Real
Borrowings
Borrowings	$ 67,943			68,591
IHS Brasil Cesso de Infraestruturas Limitada, 2029 \| Brazil Real \| CDI
Borrowings
Borrowings, adjustment to interest rate basis	3.65%	3.65%	3.65%
IHS Brasil - Cesso de Infraestruturas S.A. Maturing 2028 \| Brazil Real
Borrowings
Borrowings	$ 81,681			82,928
IHS Brasil - Cesso de Infraestruturas S.A. Maturing 2028 \| Brazil Real \| CDI
Borrowings
Borrowings, adjustment to interest rate basis	3.05%	3.05%	3.05%
I-Systems Solues de Infraestrutura S.A., maturing 2030 \| Brazil Real
Borrowings
Borrowings	$ 82,807			38,542
I-Systems Solues de Infraestrutura S.A., maturing 2030 \| Brazil Real \| CDI \| Maximum
Borrowings
Borrowings, adjustment to interest rate basis	2.50%	2.50%	2.50%
I-Systems Solues de Infraestrutura S.A., maturing 2030 \| Brazil Real \| CDI \| Minimum
Borrowings
Borrowings, adjustment to interest rate basis	2.45%	2.45%	2.45%
IHS Kuwait Limited, 2029
Borrowings
Borrowings	$ 70,800	د.ك 21.8
IHS Kuwait Limited, 2029 \| Kuwaiti Dinar
Borrowings
Borrowings	$ 64,851			66,251
IHS Kuwait Limited, 2029 \| Kuwaiti Dinar \| 3M KIBOR
Borrowings
Borrowings, adjustment to interest rate basis	2%	2%	2%
IHS Towers South Africa Proprietary Limited maturing 2029
Borrowings
Borrowings	$ 184,900		R 3,470
IHS Towers South Africa Proprietary Limited maturing 2029 \| South Africa, Rand
Borrowings
Borrowings	$ 182,973			197,836
IHS Towers South Africa Proprietary Limited maturing 2029 \| South Africa, Rand \| 3M JIBAR
Borrowings
Borrowings, adjustment to interest rate basis	2.75%	2.75%	2.75%
IHS (Nigeria) Limited, Letters of credit, Maturing 2023 One \| US Dollar
Borrowings
Borrowings	$ 99,990			66,047
IHS (Nigeria) Limited, Letters of credit, Maturing 2023 One \| US Dollar \| Maximum
Borrowings
Interest rate	15.55%	15.55%	15.55%
IHS (Nigeria) Limited, Letters of credit, Maturing 2023 One \| US Dollar \| Minimum
Borrowings
Interest rate	12%	12%	12%
INT Towers Limited, Letters of Credit Maturing 2023
Borrowings
Borrowings	$ 196,200
INT Towers Limited, Letters of Credit Maturing 2023 \| Maximum
Borrowings
Interest rate	15.75%	15.75%	15.75%
INT Towers Limited, Letters of Credit Maturing 2023 \| Minimum
Borrowings
Interest rate	12%	12%	12%
INT Towers Limited, Letters of Credit Maturing 2023 \| US Dollar
Borrowings
Borrowings	$ 196,219			128,063
INT Towers Limited, Letters of Credit Maturing 2023 \| US Dollar \| Maximum
Borrowings
Interest rate	15.75%	15.75%	15.75%
INT Towers Limited, Letters of Credit Maturing 2023 \| US Dollar \| Minimum
Borrowings
Interest rate	12%	12%	12%
IHS Towers NG Limited, Letters of Credit Maturing 2023
Borrowings
Interest rate	15.49%	15.49%	15.49%
Borrowings	$ 800
IHS Towers NG Limited, Letters of Credit Maturing 2023 \| US Dollar
Borrowings
Interest rate	15.49%	15.49%	15.49%
Borrowings	$ 795			987
Global Independent Connect Limited Letters of Credit maturing 2023
Borrowings
Borrowings	$ 1,100
Global Independent Connect Limited Letters of Credit maturing 2023 \| Maximum
Borrowings
Interest rate	15.49%	15.49%	15.49%
Global Independent Connect Limited Letters of Credit maturing 2023 \| Minimum
Borrowings
Interest rate	15.25%	15.25%	15.25%
Global Independent Connect Limited Letters of Credit maturing 2023 \| US Dollar
Borrowings
Borrowings	$ 1,115			1,330
Global Independent Connect Limited Letters of Credit maturing 2023 \| US Dollar \| Maximum
Borrowings
Interest rate	15.49%	15.49%	15.49%
Global Independent Connect Limited Letters of Credit maturing 2023 \| US Dollar \| Minimum
Borrowings
Interest rate	15.25%	15.25%	15.25%
Global Independent Connect Limited Letters of Credit maturing 2023 \| Chinese Yen
Borrowings
Interest rate	12.05%	12.05%	12.05%
Borrowings				$ 1,051

Borrowings - Narratives (Detail

Borrowings - Narratives (Details) $ in Thousands, د.ك in Millions, R$ in Millions, R in Millions, ₦ in Billions									1 Months Ended														3 Months Ended		6 Months Ended
	Mar. 31, 2023 USD ($)	Mar. 31, 2023 BRL (R$)	Feb. 03, 2023 USD ($)	Feb. 03, 2023 BRL (R$)	Jan. 11, 2023 USD ($)	Jan. 11, 2023 NGN (₦)	Oct. 13, 2022 USD ($) tranche	May 31, 2022 ZAR (R) item	Jun. 30, 2023 USD ($)	Jun. 30, 2023 NGN (₦)	May 31, 2023 USD ($)	May 31, 2023 NGN (₦)	May 31, 2023 ZAR (R)	Apr. 30, 2023 USD ($)	Apr. 30, 2023 NGN (₦)	Mar. 31, 2023 USD ($)	Mar. 31, 2023 NGN (₦)	Feb. 28, 2023 USD ($)	Feb. 28, 2023 NGN (₦)	Feb. 28, 2023 KWD (د.ك)	Jan. 31, 2023 USD ($)	Jan. 31, 2023 NGN (₦)	Jun. 30, 2023 USD ($)	Jun. 30, 2022 USD ($)	Jun. 30, 2023 USD ($)	Jun. 30, 2022 USD ($)	Jan. 31, 2024	Jan. 03, 2024	Jun. 30, 2023 NGN (₦)	Jun. 30, 2023 BRL (R$)	Jun. 30, 2023 KWD (د.ك)	Jun. 30, 2023 ZAR (R)	May 31, 2023 NGN (₦)	Feb. 28, 2023 NGN (₦)	Jan. 03, 2023 USD ($)	Jan. 03, 2023 NGN (₦)	Dec. 31, 2022 USD ($)	Oct. 13, 2022 BRL (R$)	Oct. 03, 2022 BRL (R$)	Apr. 19, 2020 KWD (د.ك)
Disclosure of detailed information about borrowings [line items]
Bank loans received																							$ 290,083	$ 661,114	$ 658,179	$ 715,793
Borrowings									$ 3,466,108														3,466,108		3,466,108												$ 3,344,402
Repayments of borrowings, classified as financing activities																							153,505	33,360	417,850	70,027
Interest paid																							76,442	$ 50,571	144,945	$ 104,669
MTN telecom towers in South Africa
Disclosure of detailed information about borrowings [line items]
Number of Towers Acquired \| item								5,691
Nigeria 2023 Term Loan
Disclosure of detailed information about borrowings [line items]
Notional amount									219,200		$ 219,200												219,200		219,200				₦ 165				₦ 165		$ 165,400	₦ 124.5
Increase in loan facility											15,300	₦ 11.5						$ 38,500	₦ 29
Interest rate																					20%	20%
Bank loans received									15,300	₦ 11.5				$ 19,900	₦ 15	$ 18,600	₦ 14				$ 165,400	₦ 124.5
Borrowings									219,200														219,200		219,200				165
Nigeria 2023 Term Loan \| Minimum \| Forecast
Disclosure of detailed information about borrowings [line items]
Interest rate																											18%
Nigeria 2023 Term Loan \| Maximum \| Forecast
Disclosure of detailed information about borrowings [line items]
Interest rate																											24%
Nigeria 2023 Term Loan \| Nigerian MPR \| Forecast
Disclosure of detailed information about borrowings [line items]
Borrowings, adjustment to interest rate basis																											2.50%
Nigeria (2023) Revolving Credit Facility
Disclosure of detailed information about borrowings [line items]
Notional amount									73,100									73,100					73,100		73,100				55					₦ 55	$ 58,500	₦ 44
Increase in loan facility																		14,600	₦ 11
Interest rate																																			20%	20%
Bank loans received														$ 26,600	₦ 20
Borrowings									26,600														26,600		26,600				₦ 20
Nigeria (2023) Revolving Credit Facility \| Minimum \| Forecast
Disclosure of detailed information about borrowings [line items]
Interest rate																												18%
Nigeria (2023) Revolving Credit Facility \| Maximum \| Forecast
Disclosure of detailed information about borrowings [line items]
Interest rate																												24%
Nigeria (2023) Revolving Credit Facility \| Nigerian MPR \| Forecast
Disclosure of detailed information about borrowings [line items]
Borrowings, adjustment to interest rate basis																												2.50%
Nigeria 2019 Term Loan
Disclosure of detailed information about borrowings [line items]
Repayments of borrowings, classified as financing activities																					$ 117,400	₦ 88.3
I-Systems facility
Disclosure of detailed information about borrowings [line items]
Notional amount \| R$																																							R$ 200.0
Borrowings									82,400														82,400		82,400					R$ 400.0
I-Systems facility, Itau Unibanco S.A.
Disclosure of detailed information about borrowings [line items]
Notional amount							$ 41,200																															R$ 200.0
Borrowings, Number of Tranches \| tranche							2
I-Systems facility, Tranche I
Disclosure of detailed information about borrowings [line items]
Bank loans received			$ 16,500	R$ 80.0
I-Systems facility, Tranche I \| CDI
Disclosure of detailed information about borrowings [line items]
Borrowings, adjustment to interest rate basis			2.45%	2.45%
Calculation period for interest rate basis			252 days	252 days
I-Systems facility, Tranche II
Disclosure of detailed information about borrowings [line items]
Bank loans received	$ 24,700	R$ 120.0
I-Systems facility, Tranche II \| CDI
Disclosure of detailed information about borrowings [line items]
Borrowings, adjustment to interest rate basis	2.50%	2.50%														2.50%	2.50%
Calculation period for interest rate basis	252 days	252 days
IHS Kuwait Limited, Bank Borrowings Maturing 2029
Disclosure of detailed information about borrowings [line items]
Notional amount \| د.ك																																								د.ك 85.0
Bank loans received																		$ 900		د.ك 0.3
Borrowings									70,800														70,800		70,800						د.ك 21.8
IHS Kuwait Limited, Bank Borrowings Maturing 2029 \| Kuwaiti Dinar
Disclosure of detailed information about borrowings [line items]
Borrowings									$ 64,851														$ 64,851		$ 64,851												66,251
IHS Kuwait Limited, Bank Borrowings Maturing 2029 \| 3M KIBOR \| Kuwaiti Dinar
Disclosure of detailed information about borrowings [line items]
Borrowings, adjustment to interest rate basis									2%														2%		2%				2%	2%	2%	2%
IHS Holding limited, Senior Note Maturing 2026 \| US Dollar
Disclosure of detailed information about borrowings [line items]
Interest rate									5.63%														5.63%		5.63%				5.63%	5.63%	5.63%	5.63%
Borrowings									$ 498,264														$ 498,264		$ 498,264												497,861
IHS Holding limited, Senior Note Maturing 2028 \| US Dollar
Disclosure of detailed information about borrowings [line items]
Interest rate									6.25%														6.25%		6.25%				6.25%	6.25%	6.25%	6.25%
Borrowings									$ 498,172														$ 498,172		$ 498,172												497,979
IHS (Nigeria) Limited, IHSN NG1, maturing 2023
Disclosure of detailed information about borrowings [line items]
Repayments of borrowings, classified as financing activities					$ 21,400	₦ 16.1
IHS (Nigeria) Limited, IHSN NG1, maturing 2023 \| Nigeria Naira
Disclosure of detailed information about borrowings [line items]
Borrowings																																					57,448
IHS (Nigeria) Limited, IHSN NG1, maturing 2023 \| Minimum \| Nigeria Naira
Disclosure of detailed information about borrowings [line items]
Interest rate									12.50%														12.50%		12.50%				12.50%	12.50%	12.50%	12.50%
IHS (Nigeria) Limited, IHSN NG1, maturing 2023 \| Maximum \| Nigeria Naira
Disclosure of detailed information about borrowings [line items]
Interest rate									18%														18%		18%				18%	18%	18%	18%
IHS (Nigeria) Limited, IHSN NG2, maturing 2023
Disclosure of detailed information about borrowings [line items]
Repayments of borrowings, classified as financing activities					$ 13,300	₦ 10
IHS Towers South Africa Proprietary Limited maturing 2029
Disclosure of detailed information about borrowings [line items]
Notional amount \| R								R 3,470
Bank loans received											$ 3,700		R 70
Borrowings									$ 184,900														$ 184,900		$ 184,900							R 3,470
IHS Nigeria Letters of Credit
Disclosure of detailed information about borrowings [line items]
Borrowings									$ 100,000														$ 100,000		$ 100,000
IHS Nigeria Letters of Credit \| Minimum
Disclosure of detailed information about borrowings [line items]
Interest rate									12%														12%		12%				12%	12%	12%	12%
IHS Nigeria Letters of Credit \| Maximum
Disclosure of detailed information about borrowings [line items]
Interest rate									15.55%														15.55%		15.55%				15.55%	15.55%	15.55%	15.55%
INT Towers Limited, Letters of Credit Maturing 2023
Disclosure of detailed information about borrowings [line items]
Borrowings									$ 196,200														$ 196,200		$ 196,200
INT Towers Limited, Letters of Credit Maturing 2023 \| US Dollar
Disclosure of detailed information about borrowings [line items]
Borrowings									$ 196,219														$ 196,219		$ 196,219												128,063
INT Towers Limited, Letters of Credit Maturing 2023 \| Minimum
Disclosure of detailed information about borrowings [line items]
Interest rate									12%														12%		12%				12%	12%	12%	12%
INT Towers Limited, Letters of Credit Maturing 2023 \| Minimum \| US Dollar
Disclosure of detailed information about borrowings [line items]
Interest rate									12%														12%		12%				12%	12%	12%	12%
INT Towers Limited, Letters of Credit Maturing 2023 \| Maximum
Disclosure of detailed information about borrowings [line items]
Interest rate									15.75%														15.75%		15.75%				15.75%	15.75%	15.75%	15.75%
INT Towers Limited, Letters of Credit Maturing 2023 \| Maximum \| US Dollar
Disclosure of detailed information about borrowings [line items]
Interest rate									15.75%														15.75%		15.75%				15.75%	15.75%	15.75%	15.75%
IHS Towers NG Limited, Letters of Credit Maturing 2023
Disclosure of detailed information about borrowings [line items]
Interest rate									15.49%														15.49%		15.49%				15.49%	15.49%	15.49%	15.49%
Borrowings									$ 800														$ 800		$ 800
IHS Towers NG Limited, Letters of Credit Maturing 2023 \| US Dollar
Disclosure of detailed information about borrowings [line items]
Interest rate									15.49%														15.49%		15.49%				15.49%	15.49%	15.49%	15.49%
Borrowings									$ 795														$ 795		$ 795												987
Global Independent Connect Limited Letters of Credit maturing 2023
Disclosure of detailed information about borrowings [line items]
Borrowings									1,100														1,100		1,100
Global Independent Connect Limited Letters of Credit maturing 2023 \| US Dollar
Disclosure of detailed information about borrowings [line items]
Borrowings									$ 1,115														$ 1,115		$ 1,115												1,330
Global Independent Connect Limited Letters of Credit maturing 2023 \| Minimum
Disclosure of detailed information about borrowings [line items]
Interest rate									15.25%														15.25%		15.25%				15.25%	15.25%	15.25%	15.25%
Global Independent Connect Limited Letters of Credit maturing 2023 \| Minimum \| US Dollar
Disclosure of detailed information about borrowings [line items]
Interest rate									15.25%														15.25%		15.25%				15.25%	15.25%	15.25%	15.25%
Global Independent Connect Limited Letters of Credit maturing 2023 \| Maximum
Disclosure of detailed information about borrowings [line items]
Interest rate									15.49%														15.49%		15.49%				15.49%	15.49%	15.49%	15.49%
Global Independent Connect Limited Letters of Credit maturing 2023 \| Maximum \| US Dollar
Disclosure of detailed information about borrowings [line items]
Interest rate									15.49%														15.49%		15.49%				15.49%	15.49%	15.49%	15.49%
IHS Holding (2022) Bullet Term Loan Facility \| US Dollar
Disclosure of detailed information about borrowings [line items]
Borrowings									$ 369,861														$ 369,861		$ 369,861												368,630
IHS Holding (2022) Bullet Term Loan Facility \| CAS + SOFR \| US Dollar
Disclosure of detailed information about borrowings [line items]
Borrowings, adjustment to interest rate basis									3.75%														3.75%		3.75%				3.75%	3.75%	3.75%	3.75%
IHS Brasil - Cesso de Infraestruturas S.A. Maturing 2028 \| Brazil Real
Disclosure of detailed information about borrowings [line items]
Borrowings									$ 81,681														$ 81,681		$ 81,681												82,928
IHS Brasil - Cesso de Infraestruturas S.A. Maturing 2028 \| CDI \| Brazil Real
Disclosure of detailed information about borrowings [line items]
Borrowings, adjustment to interest rate basis									3.05%														3.05%		3.05%				3.05%	3.05%	3.05%	3.05%
I-Systems Solues de Infraestrutura S.A., maturing 2030 \| Brazil Real
Disclosure of detailed information about borrowings [line items]
Borrowings									$ 82,807														$ 82,807		$ 82,807												$ 38,542
I-Systems Solues de Infraestrutura S.A., maturing 2030 \| CDI \| Minimum \| Brazil Real
Disclosure of detailed information about borrowings [line items]
Borrowings, adjustment to interest rate basis									2.45%														2.45%		2.45%				2.45%	2.45%	2.45%	2.45%
I-Systems Solues de Infraestrutura S.A., maturing 2030 \| CDI \| Maximum \| Brazil Real
Disclosure of detailed information about borrowings [line items]
Borrowings, adjustment to interest rate basis									2.50%														2.50%		2.50%				2.50%	2.50%	2.50%	2.50%

Lease liabilities - Components

Lease liabilities - Components of lease (Details) - USD ($) $ in Thousands	6 Months Ended
	Jun. 30, 2023	Dec. 31, 2022
Lease liabilities.
Current	$ 88,321	$ 87,240	[1]
Non-current	504,118	518,318	[1]
Total lease liabilities	592,439	$ 605,558
Lease payments	$ 70,000

[1]re-presented to reflect the remeasurement period adjustments, as required by IFRS 3, in respect of updates to the accounting for the MTN SA Acquisition in May 2022.

Lease liabilities - Contractual

Lease liabilities - Contractual maturities (Details) - USD ($) $ in Thousands	6 Months Ended
	Jun. 30, 2023	Dec. 31, 2022
Disclosure of quantitative information about right-of-use assets [line items]
Carrying value	$ 592,439	$ 605,558
Total contractual cash flows	$ 1,075,343	1,108,532
Average remaining lease term	12 years 2 months 12 days
Within 1 year
Disclosure of quantitative information about right-of-use assets [line items]
Total contractual cash flows	$ 94,892	92,417
2-3 years
Disclosure of quantitative information about right-of-use assets [line items]
Total contractual cash flows	181,690	179,930
4-5 years
Disclosure of quantitative information about right-of-use assets [line items]
Total contractual cash flows	168,935	168,231
Over 5 years
Disclosure of quantitative information about right-of-use assets [line items]
Total contractual cash flows	$ 629,826	$ 667,954

Provisions for other liabilit_3

Provisions for other liabilities and charges - Decommissioning and site restoration provision (Details) - USD ($) $ in Thousands	6 Months Ended	12 Months Ended
	Jun. 30, 2023	Dec. 31, 2022
Disclosure of other provisions [line items]
Non-current	$ 87,739	$ 84,533	[1]
Current	295	483	[1]
Decommissioning and site restoration provisions
Disclosure of other provisions [line items]
At January 1	85,016	71,941
Additions through business combinations		34,419
Increase/(decrease) in provisions	2,520	(24,898)
Payments for tower and tower equipment decommissioning	(15)	(343)
Unwinding of discount	4,581	7,084
Effects of movement in exchange rates	(4,068)	(3,187)
At end of period/year	88,034	85,016
Non-current	87,739	84,533
Current	$ 295	$ 483

[1]re-presented to reflect the remeasurement period adjustments, as required by IFRS 3, in respect of updates to the accounting for the MTN SA Acquisition in May 2022.

Stated capital (Details)

Stated capital (Details) - USD ($) shares in Thousands, $ in Thousands	6 Months Ended				12 Months Ended
	Jun. 30, 2023		Jun. 30, 2022		Dec. 31, 2022
Stated capital.
Beginning Balance, Number of shares	331,920
Shares issued on exercise of options (in shares)	2,221
Ending Balance, Number of shares	334,141				331,920
Beginning balance, Equity	$ 1,360,230	[1]	$ 1,743,556		$ 1,743,556
Ending balance, Equity	750,747		1,594,543	[2]	1,360,230	[1]
Stated capital net of issue costs
Stated capital.
Beginning balance, Equity	5,311,953		5,223,484		5,223,484
Shares issued on exercise of options	89,432		86,470
Ending balance, Equity	5,401,385		$ 5,309,954	[2]	5,311,953
Share capital
Stated capital.
Beginning balance, Equity	100,141
Shares issued on exercise of options	666
Ending balance, Equity	100,807				100,141
Share capital net of issue costs
Stated capital.
Beginning balance, Equity	99,576
Shares issued on exercise of options	666
Ending balance, Equity	100,242				99,576
Share premium
Stated capital.
Beginning balance, Equity	5,241,836
Shares issued on exercise of options	88,766
Ending balance, Equity	5,330,602				5,241,836
Share premium net of issue costs
Stated capital.
Beginning balance, Equity	5,212,377
Shares issued on exercise of options	88,766
Ending balance, Equity	$ 5,301,143				$ 5,212,377

[1]re-presented to reflect the remeasurement period adjustments, as required by IFRS 3, in respect of updates to the accounting for the MTN SA Acquisition in May 2022.[2]re-presented to reflect the remeasurement period adjustments, as required by IFRS 3, in respect of updates to the accounting for the GTS SP5 Acquisition in March 2022 and MTN SA Acquisition in May 2022.

Other reserves (Details)

Other reserves (Details) - USD ($) $ in Thousands	3 Months Ended			6 Months Ended				12 Months Ended
Other reserves (Details) - USD ($) $ in Thousands	Jun. 30, 2023	Jun. 30, 2022		Jun. 30, 2023		Jun. 30, 2022		Dec. 31, 2022
Disclosure of reserves within equity [line items]
Beginning balance, Equity				$ 1,360,230	[1]	$ 1,743,556		$ 1,743,556
Other comprehensive income	$ 580,774	$ (123,006)	[2]	624,966		9,653	[2]
Recognition of share-based payment expense				6,618		6,064
Ending balance, Equity	750,747	1,594,543	[3]	750,747		1,594,543	[3]	1,360,230	[1]
Other reserves
Disclosure of reserves within equity [line items]
Beginning balance, Equity				(861,271)		(842,911)		(842,911)
Other comprehensive income				609,358		(815)	[3]	59,521
Options converted to shares				(89,432)		(86,470)		(88,469)
Recognition of share-based payment expense				6,618		6,064		13,423
Other reclassifications related to share-based payment				(1,426)				(2,835)
Ending balance, Equity	(336,153)	$ (926,967)	[3]	(336,153)		(926,967)	[3]	(861,271)
Fair value through other comprehensive income reserve
Disclosure of reserves within equity [line items]
Beginning balance, Equity				(3)		(3)		(3)
Other comprehensive income				7
Ending balance, Equity	4			4				(3)
Restructuring reserve
Disclosure of reserves within equity [line items]
Beginning balance, Equity				4,019		4,019		4,019
Ending balance, Equity	4,019			4,019				4,019
Share- based payment reserve
Disclosure of reserves within equity [line items]
Beginning balance, Equity				98,817		176,698		176,698
Options converted to shares				(89,432)				(88,469)
Recognition of share-based payment expense				6,618				13,423
Other reclassifications related to share-based payment				(1,426)				(2,835)
Ending balance, Equity	14,577			14,577				98,817
Loss on transactions between owners
Disclosure of reserves within equity [line items]
Beginning balance, Equity				(840,359)		(840,359)		(840,359)
Ending balance, Equity	(840,359)			(840,359)				(840,359)
Foreign exchange translation reserve
Disclosure of reserves within equity [line items]
Beginning balance, Equity				(123,745)		$ (183,266)		(183,266)
Other comprehensive income				609,351				59,521
Ending balance, Equity	$ 485,606			$ 485,606				$ (123,745)

[1]re-presented to reflect the remeasurement period adjustments, as required by IFRS 3, in respect of updates to the accounting for the MTN SA Acquisition in May 2022.[2]re-presented to reflect the remeasurement period adjustments, as required by IFRS 3, in respect of updates to the accounting for the GTS SP5 Acquisition in March 2022 and MTN SA Acquisition in May 2022.[3]re-presented to reflect the remeasurement period adjustments, as required by IFRS 3, in respect of updates to the accounting for the GTS SP5 Acquisition in March 2022 and MTN SA Acquisition in May 2022.

Non-controlling interest (Detai

Non-controlling interest (Details) - USD ($) $ in Thousands	3 Months Ended			6 Months Ended				12 Months Ended
Non-controlling interest (Details) - USD ($) $ in Thousands	Jun. 30, 2023	Jun. 30, 2022		Jun. 30, 2023		Jun. 30, 2022		Dec. 31, 2022
Disclosure of subsidiaries [line items]
Balance at January 1				$ 227,200	[1]	$ 223,188		$ 223,188
Loss for the period	$ (3,554)	$ (1,817)	[2]	(6,360)		(3,216)	[2]
Other comprehensive (loss)/income				15,608		10,468
Balance at September 30	236,448	230,440		236,448		230,440		$ 227,200	[1]
I-Systems Solues de Infraestrutura S.A.
Disclosure of subsidiaries [line items]
Balance at September 30	$ 222,274	$ 212,307		$ 222,274		$ 212,307

[1]re-presented to reflect the remeasurement period adjustments, as required by IFRS 3, in respect of updates to the accounting for the MTN SA Acquisition in May 2022.[2]re-presented to reflect the remeasurement period adjustments, as required by IFRS 3, in respect of updates to the accounting for the GTS SP5 Acquisition in March 2022 and MTN SA Acquisition in May 2022.

Non-controlling interest - Summ

Non-controlling interest - Summarized financial information (Details) - USD ($) $ in Thousands	3 Months Ended			6 Months Ended
	Jun. 30, 2023	Jun. 30, 2022		Jun. 30, 2023	Jun. 30, 2022		Dec. 31, 2022	[1]	Dec. 31, 2021
Disclosure of subsidiaries [line items]
Current assets	$ 1,078,179			$ 1,078,179			$ 1,252,935
Current liabilities	(1,156,059)			(1,156,059)			(1,266,387)
Noncurrent assets	4,606,163			4,606,163			5,067,798
Non-current liabilities	(3,777,536)			(3,777,536)			(3,694,116)
Accumulated non-controlling interest at the end of the year	236,448	$ 230,440		236,448	$ 230,440		$ 227,200		$ 223,188
Revenue	546,204	467,683	[2]	1,148,732	913,815	[2]
Loss for the period	(1,248,283)	(178,574)	[2]	(1,240,508)	(163,455)	[2]
Other comprehensive (loss)/income	580,774	(123,006)	[2]	624,966	9,653	[2]
Total comprehensive loss for the period	(667,509)	(301,580)	[2]	(615,542)	(153,802)	[2]
Loss allocated to non-controlling interest during the period	6,852	(25,866)	[2]	9,248	7,252	[2]
Cash flows generated from operating activities	243,643	191,314		478,933	339,417
Cash flows used in investing activities	(261,904)	(617,546)		(450,153)	(1,117,696)
Cash flows generated from financing activities	20,748	547,188		17,146	489,301
Net increase/(decrease) in cash and cash equivalents	2,487	120,956		45,926	(288,978)
I-Systems Solues de Infraestrutura S.A.
Disclosure of subsidiaries [line items]
Accumulated non-controlling interest at the end of the year	222,274	212,307		222,274	212,307
Loss allocated to non-controlling interest during the period				(5,529)	(2,181)
I-Systems Solues de Infraestrutura S.A. \| I-Systems Solues de Infraestrutura S.A.
Disclosure of subsidiaries [line items]
Current assets	108,564	102,445		108,564	102,445
Current liabilities	(40,538)	(38,834)		(40,538)	(38,834)
Current net assets	68,026	63,611		68,026	63,611
Noncurrent assets	524,956	462,122		524,956	462,122
Non-current liabilities	(139,280)	(92,453)		(139,280)	(92,453)
Non-current net assets	385,676	369,669		385,676	369,669
Net assets	$ 453,702	$ 433,280		453,702	433,280
Revenue				34,179	27,649
Loss for the period				(11,283)	(4,451)
Other comprehensive (loss)/income				31,622	12,169
Total comprehensive loss for the period				20,339	7,718
Cash flows generated from operating activities				11,193	17,434
Cash flows used in investing activities				(52,294)	(37,197)
Cash flows generated from financing activities				33,680	(2)
Net increase/(decrease) in cash and cash equivalents				$ (7,421)	$ (19,765)

[1]re-presented to reflect the remeasurement period adjustments, as required by IFRS 3, in respect of updates to the accounting for the MTN SA Acquisition in May 2022.[2]re-presented to reflect the remeasurement period adjustments, as required by IFRS 3, in respect of updates to the accounting for the GTS SP5 Acquisition in March 2022 and MTN SA Acquisition in May 2022.

Share-based payment obligation

Share-based payment obligation (Details) $ / shares in Units, $ in Millions	1 Months Ended			3 Months Ended		6 Months Ended
	Jun. 30, 2023 USD ($) $ / shares	May 31, 2023 Option	Mar. 31, 2023 USD ($)	Jun. 30, 2023 USD ($)	Jun. 30, 2022 USD ($)	Jun. 30, 2023 USD ($)	Jun. 30, 2022 USD ($)
Disclosure of terms and conditions of share-based payment arrangement [line items]
Expense from share-based payment transactions				$ 3.6	$ 2.1	$ 6.9	$ 5.6
Dividends planned for the near future	$ 0			0		0
Omnibus share-based payment plans
Disclosure of terms and conditions of share-based payment arrangement [line items]
Options granted \| Option		2,132,134
Fair value of options granted, at grant date	$ 49.9
Assumption of forfeiture rate	7%
Expected charge over remaining term of outstanding share options	$ 23.2			$ 23.2		$ 23.2
Expected dividend, share options granted	$ 0
Omnibus share-based payment plans \| Bottom of range
Disclosure of terms and conditions of share-based payment arrangement [line items]
Share price assumption \| $ / shares	$ 5.27
Omnibus share-based payment plans \| Top of range
Disclosure of terms and conditions of share-based payment arrangement [line items]
Share price assumption \| $ / shares	$ 11.55
Omnibus share-based payment plans, RSUs with non-market conditions
Disclosure of terms and conditions of share-based payment arrangement [line items]
Fair value of options granted, at grant date	$ 22.7		$ 22.7
Omnibus share-based payment plans, PSUs with non-market conditions
Disclosure of terms and conditions of share-based payment arrangement [line items]
Fair value of options granted, at grant date	19
Omnibus share-based payment plans, PSUs with market conditions
Disclosure of terms and conditions of share-based payment arrangement [line items]
Fair value of options granted, at grant date	$ 8.2

Cash from operations (Details)

Cash from operations (Details) - USD ($) $ in Thousands	3 Months Ended			6 Months Ended
Cash from operations (Details) - USD ($) $ in Thousands	Jun. 30, 2023	Jun. 30, 2022		Jun. 30, 2023	Jun. 30, 2022
Cash flows from operating activities
Profit before taxation	$ (1,191,042)	$ (161,472)	[1]	$ (1,168,049)	$ (130,097)	[1]
Adjustments:
Depreciation of property, plant and equipment	103,377	102,994		209,691	200,350
Amortization of intangible assets	13,117	11,865		25,759	22,349
Net impairment/(reversal of impairment) of property, plant and equipment and prepaid land rent	935	(3,514)		5,081	(1,331)
Loss allowance/(reversal of loss allowance) on trade receivables	954	668		4,514	(1,800)
Impairment of withholding tax receivables	13,349	12,930		24,604	27,717
Amortization of prepaid site rent	2,424	2,294		5,129	4,162
Net loss/(gain) on disposal of plant, property and equipment	168	13,617		(566)	13,784
Insurance income	(133)	(466)		(278)	(1,616)
Finance costs	1,366,012	261,886		1,542,979	380,902
Finance income	(8,373)	(3,895)		(13,160)	(45,667)
Impairment of inventory					138
Sharebased payment expense	3,628	2,051		6,917	5,625
Operating profit before working capital changes	304,416	238,958		642,621	474,516
Changes in working capital
Decrease/(increase) in inventory	16,628	(23,134)		24,538	(19,721)
Increase in trade and other receivables	(49,000)	(64,168)		(137,079)	(182,535)
(Decrease)/increase in trade and other payables	(7,912)	65,144		(13,926)	111,147
Net movement in working capital	(40,284)	(22,158)		(126,467)	(91,109)
Cash from operations	$ 264,132	$ 216,800		$ 516,154	$ 383,407

[1]re-presented to reflect the remeasurement period adjustments, as required by IFRS 3, in respect of updates to the accounting for the GTS SP5 Acquisition in March 2022 and MTN SA Acquisition in May 2022.

Business Combinations - MTN tel

Business Combinations - MTN telecom towers in South Africa (Details) $ in Thousands		1 Months Ended	3 Months Ended
	May 31, 2022 USD ($) site item	Jun. 30, 2022 USD ($)	Jun. 30, 2023 item	Dec. 31, 2022 USD ($)
Disclosure of detailed information about business combination [line items]
Number of business acquired \| item			0
MTN telecom towers in South Africa
Disclosure of detailed information about business combination [line items]
Number of Towers Acquired \| item	5,691
Number of service sites to which entity is providing Managed Services after acquisition \| site	7,100
Proportion of ownership interests held by non-controlling interests	0%
Percentage of business acquired	100%
Goodwill deductible for tax purpose	$ 0
Gross consideration				$ 421,239
Net cash consideration				421,239
Identifiable assets acquired and liabilities assumed:
Towers and tower equipment				251,683
Customer related intangible asset				121,465
Network related intangible asset				69,741
Right of use asset				211,936
Lease liabilities				(211,936)
Deferred tax				(51,625)
Provisions for other liabilities and charges				(34,419)
Total identifiable net assets acquired				$ 356,845
Goodwill	$ 64,400
Revenue - post-acquisition		$ 10,697
Profit (Loss) - post-acquisition		$ (8,591)
MTN telecom towers in South Africa \| After transfer of non-controlling interests
Disclosure of detailed information about business combination [line items]
Proportion of ownership interest in subsidiary	70%
Proportion of ownership interests held by non-controlling interests	30%

Business Combinations - Fair va

Business Combinations - Fair value adjustments (Details) - USD ($) $ in Thousands	1 Months Ended
	Jun. 30, 2022	Jun. 30, 2023	Dec. 31, 2022
Identifiable assets acquired and liabilities assumed:
Goodwill		$ 664,450	$ 763,388	[1]
MTN telecom towers in South Africa
Disclosure of detailed information about business combination [line items]
Gross consideration			421,239
Net cash consideration			421,239
Identifiable assets acquired and liabilities assumed:
Towers and tower equipment			251,683
Customer related intangible asset			121,465
Network related intangible asset			69,741
Right of use asset			211,936
Lease liabilities			(211,936)
Deferred tax			(51,625)
Provisions for other liabilities and charges			(34,419)
Total identifiable net assets acquired			356,845
Goodwill			64,394
Revenue - post-acquisition	$ 10,697
Profit (Loss) - post-acquisition	$ (8,591)
As previously reported \| MTN telecom towers in South Africa
Disclosure of detailed information about business combination [line items]
Gross consideration			421,239
Net cash consideration			421,239
Identifiable assets acquired and liabilities assumed:
Towers and tower equipment			251,683
Customer related intangible asset			127,957
Network related intangible asset			67,837
Right of use asset			211,315
Lease liabilities			(211,315)
Deferred tax			(52,864)
Provisions for other liabilities and charges			(34,419)
Total identifiable net assets acquired			360,194
Goodwill			61,045
Adjustments \| MTN telecom towers in South Africa
Identifiable assets acquired and liabilities assumed:
Customer related intangible asset			(6,492)
Network related intangible asset			1,904
Right of use asset			621
Lease liabilities			(621)
Deferred tax			1,239
Total identifiable net assets acquired			(3,349)
Goodwill			$ 3,349

[1]re-presented to reflect the remeasurement period adjustments, as required by IFRS 3, in respect of updates to the accounting for the MTN SA Acquisition in May 2022.

Business Combinations - Sao Pau

Business Combinations - Sao Paulo Cinco Locacao de Torres Ltda (Details) - Sao Paulo Cinco Locacao de Torres Ltda (SP5) - USD ($) $ in Thousands		3 Months Ended
	Mar. 17, 2022	Jun. 30, 2022
Disclosure of detailed information about business combination [line items]
Percentage of business acquired	100%
Gross consideration	$ 317,188
Less: cash in business at the date of acquisition	(1,896)
Net cash consideration	315,292
Identifiable assets acquired and liabilities assumed:
Customer related intangible asset	48,353
Network related intangible asset	2,520
Right of use asset	266,666
Trade and other receivables	23,575
Lease liabilities	(4,282)
Trade and other payables	(4,222)
Deferred tax	(86,239)
Total identifiable net assets acquired	260,651
Goodwill	54,641
Revenue - post-acquisition		$ 12,385
Profit (Loss) - post-acquisition		$ 5,262
Towers and tower equipment
Identifiable assets acquired and liabilities assumed:
Property, plant and equipment recognised as of acquisition date	13,395
Land
Identifiable assets acquired and liabilities assumed:
Property, plant and equipment recognised as of acquisition date	$ 885

Business Combinations - IHS Kuw

Business Combinations - IHS Kuwait Limited (Details) - IHS Kuwait Limited $ in Thousands	1 Months Ended			12 Months Ended
	Sep. 30, 2022 item	Oct. 31, 2021 item	Apr. 30, 2021 item	Dec. 31, 2022 USD ($) item	Dec. 31, 2020 item	Jun. 30, 2023 item
Business Combinations
Towers to be acquired \| item					1,620
Number of Towers Acquired \| item	43	126	67	43	1,162
Remaining towers yet to acquired \| item						222
Percentage of business acquired				70%
Proportion of ownership interests held by non-controlling interests				30%
Gross consideration				$ 2,729
Less: consideration received in exchange for a retained 30% interest (by Zain Kuwait) in IHS GCC KW				(819)
Cash transferred				1,910
Identifiable assets acquired and liabilities assumed:
Customer related intangible asset				1,947
Network related intangible asset				671
Trade and other payables				(921)
Total identifiable net assets acquired				2,729
Total identifiable net assets acquired for purposes of non-controlling interest				2,729
Non-controlling interest portion of above at 30%				$ 819
Percentage of net assets acquired (liabilities assumed) as disclosed in the acquisition analysis				100%
IHS GCC KW
Business Combinations
Shares in IHS GCC KW transferred in business combination					30%
Towers and tower equipment
Identifiable assets acquired and liabilities assumed:
Towers and tower equipment				$ 1,032

Capital commitments and conti_2

Capital commitments and contingent liabilities (Details) - USD ($)	Jun. 30, 2023	Dec. 31, 2022
Disclosure of contingent liabilities in business combination [line items]
Commitments to purchase property, plant and equipment	$ 255,000,000	$ 337,000,000
Legal proceedings provision	0
Litigations and claims
Disclosure of contingent liabilities in business combination [line items]
Contingent liabilities	$ 7,400,000	$ 3,800,000

Events after the reporting pe_2

Events after the reporting period (Details) $ in Thousands, د.ك in Millions, R in Millions, ₦ in Billions

1 Months Ended

3 Months Ended

6 Months Ended

Aug. 14, 2023 USD ($)

Aug. 14, 2023 NGN (₦)

Jul. 21, 2023 USD ($)

Jan. 11, 2023 USD ($)

Jan. 11, 2023 NGN (₦)

Jun. 30, 2023 USD ($)

Jun. 30, 2023 NGN (₦)

May 31, 2023 USD ($)

May 31, 2023 NGN (₦)

Apr. 30, 2023 USD ($)

Apr. 30, 2023 NGN (₦)

Mar. 31, 2023 USD ($)

Mar. 31, 2023 NGN (₦)

Feb. 28, 2023 USD ($)

Feb. 28, 2023 NGN (₦)

Feb. 28, 2023 KWD (د.ك)

Jan. 31, 2023 USD ($)

Jan. 31, 2023 NGN (₦)

Jun. 30, 2023 USD ($)

Jun. 30, 2022 USD ($)

Jun. 30, 2023 USD ($)

Jun. 30, 2022 USD ($)

Jan. 31, 2024

Jan. 03, 2024

Aug. 14, 2023 ZAR (R)

Jul. 31, 2023 USD ($)

Jul. 31, 2023 ZAR (R)

Jun. 30, 2023 NGN (₦)

Jun. 30, 2023 KWD (د.ك)

May 31, 2023 NGN (₦)

Feb. 28, 2023 NGN (₦)

Jan. 03, 2023 USD ($)

Jan. 03, 2023 NGN (₦)

Dec. 31, 2022 USD ($)

Apr. 19, 2020 KWD (د.ك)

Disclosure of non-adjusting events after reporting period [line items]

Proceeds from borrowings, classified as financing activities

$ 290,083

$ 661,114

$ 658,179

$ 715,793

Borrowings

$ 3,466,108

3,466,108

$ 3,344,402

Repayments of borrowings, classified as financing activities

153,505

$ 33,360

417,850

$ 70,027

Nigeria 2023 Term Loan

Disclosure of non-adjusting events after reporting period [line items]

Notional amount

219,200

$ 219,200

219,200

₦ 165

$ 165,400

₦ 124.5

Increase in loan facility

$ 15,300

₦ 11.5

$ 38,500

₦ 29

Borrowings, interest rate

20%

Proceeds from borrowings, classified as financing activities

15,300

₦ 11.5

$ 19,900

₦ 15

$ 18,600

₦ 14

$ 165,400

₦ 124.5

Borrowings

219,200

165

Nigeria 2023 Term Loan | Forecast | Top of range

Disclosure of non-adjusting events after reporting period [line items]

Borrowings, interest rate

24%

Nigeria 2023 Term Loan | Forecast | Bottom of range

Disclosure of non-adjusting events after reporting period [line items]

Borrowings, interest rate

18%

Nigeria 2023 Term Loan | Forecast | Nigerian MPR

Disclosure of non-adjusting events after reporting period [line items]

Borrowings, adjustment to interest rate basis

2.50%

Nigeria 2023 Revolving Credit Facility (RCF)

Disclosure of non-adjusting events after reporting period [line items]

Notional amount

73,100

₦ 55

$ 58,500

₦ 44

Increase in loan facility

14,600

₦ 11

Borrowings, interest rate

20%

Proceeds from borrowings, classified as financing activities

$ 26,600

₦ 20

Borrowings

26,600

₦ 20

Nigeria 2023 Revolving Credit Facility (RCF) | Forecast | Top of range

Disclosure of non-adjusting events after reporting period [line items]

Borrowings, interest rate

24%

Nigeria 2023 Revolving Credit Facility (RCF) | Forecast | Bottom of range

Disclosure of non-adjusting events after reporting period [line items]

Borrowings, interest rate

18%

Nigeria 2023 Revolving Credit Facility (RCF) | Forecast | Nigerian MPR

Disclosure of non-adjusting events after reporting period [line items]

Borrowings, adjustment to interest rate basis

2.50%

IHS (Nigeria) Limited, IHSN NG1, maturing 2023

Disclosure of non-adjusting events after reporting period [line items]

Repayments of borrowings, classified as financing activities

$ 21,400

₦ 16.1

IHS (Nigeria) Limited, IHSN NG2, maturing 2023

Disclosure of non-adjusting events after reporting period [line items]

Repayments of borrowings, classified as financing activities

$ 13,300

₦ 10

IHS Kuwait Limited, Bank Borrowings Maturing 2029

Disclosure of non-adjusting events after reporting period [line items]

Notional amount | د.ك

د.ك 85.0

Proceeds from borrowings, classified as financing activities

$ 900

د.ك 0.3

Borrowings

$ 70,800

د.ك 21.8

Signing of loan agreements | IHS South Africa, Short-Term Facility maturing September 2023

Disclosure of non-adjusting events after reporting period [line items]

Notional amount

$ 18,700

R 350

Borrowings

$ 5,300

R 100

Signing of loan agreements | IHS South Africa, Short-Term Facility maturing September 2023 | JIBAR 2 Month

Disclosure of non-adjusting events after reporting period [line items]

Borrowings, adjustment to interest rate basis

Repayment of borrowings | Nigeria 2023 Revolving Credit Facility (RCF)

Disclosure of non-adjusting events after reporting period [line items]

Borrowings

Repayments of borrowings, classified as financing activities

26,600

₦ 20

Increase of loan facility | IHS Holding Revolving Credit Facility

Disclosure of non-adjusting events after reporting period [line items]

Notional amount

$ 300,000

Increase in loan facility

$ 30,000

Borrowings

$ 0