IHS Holding Limited (IHS) 6-K13 Aug 24Current report (foreign)Financial data

Company Profile

Document and Entity Information

Document and Entity Information	6 Months Ended
Document and Entity Information	Jun. 30, 2024
Document and Entity Information [Abstract]
Document Type	6-K
Document Period End Date	Jun. 30, 2024
Entity Registrant Name	IHS Holding Ltd
Entity Central Index Key	0001876183
Current Fiscal Year End Date	--12-31
Document Fiscal Year Focus	2024
Document Fiscal Period Focus	Q2
Amendment Flag	false

CONDENSED CONSOLIDATED STATEMEN

CONDENSED CONSOLIDATED STATEMENT OF LOSS AND OTHER COMPREHENSIVE (LOSS)/INCOME (UNAUDITED) - USD ($) $ in Thousands	3 Months Ended			6 Months Ended
	Jun. 30, 2024	Jun. 30, 2023	[1]	Jun. 30, 2024	Jun. 30, 2023	[1]
CONDENSED CONSOLIDATED STATEMENT OF LOSS AND OTHER COMPREHENSIVE (LOSS)/INCOME (UNAUDITED)
Revenue	$ 435,377	$ 546,204		$ 853,121	$ 1,148,732
Cost of sales	(206,710)	(297,096)		(461,000)	(603,784)
Administrative expenses	(83,763)	(100,721)		(250,459)	(198,003)
Net reversal of loss/(net loss allowance) on trade receivables	2,381	(954)		(2,179)	(4,514)
Other income	883	161		1,593	336
Operating income	148,168	147,594		141,076	342,767
Finance income	43,010	8,373		24,376	13,160
Finance costs	(279,156)	(1,369,052)		(1,812,744)	(1,546,019)
Loss before income tax	(87,978)	(1,213,085)		(1,647,292)	(1,190,092)
Income tax expense	(36,336)	(57,241)		(34,272)	(72,459)
Loss for the period	(124,314)	(1,270,326)		(1,681,564)	(1,262,551)
Loss attributable to:
Owners of the Company	(121,069)	(1,266,772)		(1,674,397)	(1,256,191)
Non-controlling interests	(3,245)	(3,554)		(7,167)	(6,360)
Loss for the period	$ (124,314)	$ (1,270,326)		$ (1,681,564)	$ (1,262,551)
Loss per share - basic	$ (0.36)	$ (3.79)		$ (5.03)	$ (3.77)
Loss per share - diluted	$ (0.36)	$ (3.79)		$ (5.03)	$ (3.77)
Items that may be reclassified to profit or loss
Fair value (loss)/gain through other comprehensive income	$ (2)	$ 7		$ (1)	$ 7
Exchange differences on translation of foreign operations	(6,994)	585,257		1,036,525	629,449
Other comprehensive (loss)/income for the period, net of taxes	(6,996)	585,264		1,036,524	629,456
Total comprehensive loss for the period	(131,310)	(685,062)		(645,040)	(633,095)
Total comprehensive loss attributable to:
Owners of the Company	(107,091)	(691,914)		(610,226)	(642,343)
Non-controlling interests	(24,219)	6,852		(34,814)	9,248
Total comprehensive loss for the period	$ (131,310)	$ (685,062)		$ (645,040)	$ (633,095)

[1] Revised to reflect an adjustment related to the accounting treatment of foreign exchange on goods in transit in Nigeria (see note 28).

CONDENSED CONSOLIDATED STATEM_2

CONDENSED CONSOLIDATED STATEMENT OF FINANCIAL POSITION (UNAUDITED) - USD ($) $ in Thousands	Jun. 30, 2024	Dec. 31, 2023
Non-current assets
Property, plant and equipment	$ 1,423,021	$ 1,740,235
Right of use assets	795,000	886,909
Goodwill	442,542	619,298
Other intangible assets	804,643	933,030
Fair value through other comprehensive income financial assets	6	13
Deferred income tax assets	60,938	63,786
Derivative financial instrument assets	12,140	1,540
Trade and other receivables	119,552	147,292
Non-current assets	3,657,842	4,392,103
Current assets
Inventories	33,559	40,589
Income tax receivable	3,012	3,755
Derivative financial instrument assets	402	565
Trade and other receivables	399,627	607,835
Cash and cash equivalents	445,713	293,823
Assets held for sale		26,040
Current assets	882,313	972,607
TOTAL ASSETS	4,540,155	5,364,710
Non-current liabilities
Trade and other payables	5,351	4,629
Borrowings	3,421,861	3,056,696
Lease liabilities	492,698	510,838
Provisions for other liabilities and charges	81,011	86,131
Deferred income tax liabilities	120,984	137,106
Non-current liabilities	4,121,905	3,795,400
Current liabilities
Trade and other payables	386,364	532,627
Provisions for other liabilities and charges	172	277
Derivative financial instrument liabilities	12,946	68,133
Income tax payable	60,507	75,612
Borrowings	157,814	454,151
Lease liabilities	90,060	91,156
Current liabilities	707,863	1,221,956
Total liabilities	4,829,768	5,017,356
EQUITY
Stated capital	5,399,205	5,394,812
Accumulated losses	(6,967,791)	(5,293,394)
Other reserves	1,076,281	8,430
Equity attributable to owners of the Company	(492,305)	109,848
Non-controlling interest	202,692	237,506
Total equity	(289,613)	347,354
Total equity and liabilities	$ 4,540,155	$ 5,364,710

CONDENSED CONSOLIDATED STATEM_3

CONDENSED CONSOLIDATED STATEMENT OF CHANGES IN EQUITY (UNAUDITED) - USD ($) $ in Thousands		Attributable to owners of the Company - Total		Stated capital	Accumulated losses		Other reserves		Non-controlling interests		Total
Beginning balance, Equity at Dec. 31, 2022		$ 1,133,030		$ 5,311,953	$ (3,317,652)		$ (861,271)		$ 227,200		$ 1,360,230
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		(1,256,191)	[1]		(1,256,191)	[1]			(6,360)	[1]	(1,262,551)	[2]
Other comprehensive income/(loss)		613,848	[1]				613,848	[1]	15,608	[1]	629,456	[2]
Total comprehensive (loss)/income		(642,343)	[1]		(1,256,191)	[1]	613,848	[1]	9,248	[1]	(633,095)	[2]
Ending balance, Equity at Jun. 30, 2023	[1]	496,746		5,401,385	(4,572,976)		(331,663)		236,448		733,194
Beginning balance, Equity at Dec. 31, 2022		1,133,030		5,311,953	(3,317,652)		(861,271)		227,200		1,360,230
Options converted to shares							(92,896)
Share-based payment expense							13,168
Other comprehensive income/(loss)							950,855
Ending balance, Equity at Dec. 31, 2023		109,848		5,394,812	(5,293,394)		8,430		237,506		347,354
Options converted to shares				4,393			(4,393)
Share-based payment expense		8,073					8,073				8,073
Total transactions with owners of the Company		8,073		4,393			3,680				8,073
Loss for the period		(1,674,397)			(1,674,397)				(7,167)		(1,681,564)
Other comprehensive income/(loss)		1,064,171					1,064,171		(27,647)		1,036,524
Total comprehensive (loss)/income		(610,226)			(1,674,397)		1,064,171		(34,814)		(645,040)
Ending balance, Equity at Jun. 30, 2024		$ (492,305)		$ 5,399,205	$ (6,967,791)		$ 1,076,281		$ 202,692		$ (289,613)

[1] Revised to reflect an adjustment related to the accounting treatment of foreign exchange on goods in transit in Nigeria (see note 28). Revised to reflect an adjustment related to the accounting treatment of foreign exchange on goods in transit in Nigeria (see note 28).

CONDENSED CONSOLIDATED STATEM_4

CONDENSED CONSOLIDATED STATEMENT OF CASH FLOWS (UNAUDITED) - USD ($) $ in Thousands	3 Months Ended			6 Months Ended
	Jun. 30, 2024	Jun. 30, 2023	[1]	Jun. 30, 2024	Jun. 30, 2023	[1]
Cash flows from operating activities
Cash from operations	$ 151,596	$ 259,097		$ 244,580	$ 511,119
Income taxes paid	(15,374)	(19,514)		(28,516)	(33,957)
Payment for rent	(1,517)	(658)		(5,509)	(2,943)
Payment for tower and tower equipment decommissioning	(20)	(317)		(25)	(321)
Net cash generated from operating activities	134,685	238,608		210,530	473,898
Cash flow from investing activities
Purchase of property, plant and equipment	(60,503)	(158,150)		(121,534)	(263,567)
Payment in advance for property, plant and equipment	(1,508)	(34,346)		(5,851)	(70,148)
Purchase of software and licenses	(1,086)	(8,924)		(2,729)	(16,176)
Net proceeds from sale of subsidiary	4,073			4,073
Proceeds from disposal of property, plant and equipment	1,149	399		2,037	960
Insurance claims received	30	134		40	278
Interest income received	3,853	5,079		7,834	11,577
Deposit of short term deposits	(6,358)	(65,055)		(36,513)	(128,765)
Refund of short term deposits	1,923	3,994		204,680	20,723
Net cash (used in)/generated from investing activities	(58,427)	(256,869)		52,037	(445,118)
Cash flows from financing activities
Bank loans and bond proceeds received (net of transaction costs)	231,208	290,083		611,591	658,179
Bank loans and bonds repaid	(78,146)	(153,505)		(406,825)	(417,850)
Fees on loans and derivative instruments	(3,999)	(2,163)		(7,254)	(8,671)
Interest paid	(84,630)	(76,442)		(165,964)	(144,945)
Payment for the principal of lease liabilities	(15,468)	(24,523)		(32,534)	(44,745)
Interest paid for lease liabilities	(17,488)	(13,174)		(30,697)	(25,294)
Net gain/(loss) settled on derivative instruments	221	472		(19,927)	472
Net cash generated from/(used in) financing activities	31,698	20,748		(51,610)	17,146
Net increase in cash and cash equivalents	107,956	2,487		210,957	45,926
Cash and cash equivalents at beginning of period	333,203	515,589		293,823	514,078
Effect of movements in exchange rates on cash	4,554	(85,028)		(59,067)	(126,956)
Cash and cash equivalents at end of period	$ 445,713	$ 433,048		$ 445,713	$ 433,048

[1] Revised to reflect an adjustment related to the accounting treatment of foreign exchange on goods in transit in Nigeria (see note 28).

General information

General information	6 Months Ended
General information	Jun. 30, 2024
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, 2024, with the prior period representing the three and six months ended June 30, 2023. 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, 2024
Significant accounting policies
Significant accounting policies	2. 2.1 The financial statements for the three and six months ended June 30, 2024, 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, 2023, which have been prepared in accordance with IFRS Accounting Standards 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, 2024, and its results of operations for the three and six months ended June 30, 2024, and 2023, cash flows for the three and six months ended June 30, 2024, and 2023, and statement of changes in equity for the three and six months ended June 30, 2024, and 2023. Certain amounts in the prior period statement of cash flows related to derivative instruments within financing activities have been reclassified to conform to the current year presentation. The condensed consolidated statement of financial position as of December 31, 2023, 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 12, 2024. 2.3 Taxes on income in the interim periods are accrued using the tax rate that would be applicable to expected total annual income 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) New standards, amendments and interpretations adopted by the Group The Group has applied the following standards and amendments for its reporting period commencing January 1, 2024: ● Classification of Liabilities as Current or Non-current - Deferral of Effective Date (Amendment to IAS 1) ● Non-current Liabilities with Covenants Amendments to IAS 1 ● Lease Liability in a Sale and Leaseback Amendments to IFRS 16 ● Supplier finance arrangements - Amendments to IAS 7 and IFRS 7 The amendments to standards listed above did not have any material impact on the Group’s interim financial statements. (b) New standards, amendments and interpretations not yet adopted by the Group Certain new accounting standards, interpretations and amendments have been published through June 30, 2024, that are not yet effective and have not been early adopted by the Group. They are: ● Lack of Exchangeability (Amendments to IAS 21) ● IFRS 18 Presentation and Disclosure in Financial Statements ● Amendments to the Classification and Measurement of Financial Instruments (Amendments to IFRS 9 and IFRS 7) The Company is in the process of analyzing the impact of the above new standards and amendments. 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 and the Chief Human Resource Officer. 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, 2024
Critical accounting estimates and assumptions
Critical accounting estimates and assumptions	3. The preparation of interim financial statements requires management to make certain judgments, 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 judgments 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, 2023. (a) Going Concern 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, including further devaluation of the Nigeria Naira up to the date of issuance of these financial statements, and the ongoing impact of ongoing geopolitical conflicts and wars including on global diesel prices and supply chains for raw materials such as steel and for equipment, including batteries; ● the status of the Group’s financial arrangements (see also note 18); ● 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 $445.7 million as of June 30, 2024: ● 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 The subsidiaries based in Nigeria previously translated their foreign currency transactions into the functional currency, Nigerian Naira, at the Nigerian Autonomous Foreign Exchange Fixing (“NAFEX”) prevailing rate at the date of the transaction. 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 I&E window (subsequently renamed NAFEM in October 2023). The Group uses the USD/NGN rate published by Bloomberg 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, 2024
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, 2023. There have been no changes in any risk management policies since December 31, 2023. 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, 2024, and at December 31, 2023. June 30, 2024 Level 1 Level 2 Total $’000 $’000 $’000 Fair value through other comprehensive income financial assets 6 — 6 Interest rate caps (note 15) — 402 402 Embedded options within listed bonds (note 15) — 12,140 12,140 Foreign exchange swaps (note 15) — (12,946) (12,946) 6 (404) (398) December 31, 2023 Level 1 Level 2 Total $’000 $’000 $’000 Fair value through other comprehensive income financial assets 13 — 13 Interest rate caps (note 15) — 565 565 Embedded options within listed bonds (note 15) — 1,540 1,540 Foreign exchange swaps (note 15) — (68,133) (68,133) 13 (66,028) (66,015) As of reporting period end, the Group had both level 1 and level 2 financial instruments. There were transfers between different levels during 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, 2024 At December 31, 2023 Carrying Fair Carrying Fair Value Value Value Value $’000 $’000 $’000 $’000 Financial liabilities Bank and bond borrowings (note 18) 3,579,675 3,453,980 3,510,847 3,224,775 3,579,675 3,453,980 3,510,847 3,224,775 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, 2024
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. 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 reportable and operating segments: ● Nigeria; ● SSA, which comprises operations in Cameroon, Côte d’Ivoire, Rwanda, South Africa and Zambia ; ● Latam, which comprises operations in Brazil and Colombia; and ● MENA, which comprises operations in Kuwait and Egypt. Although full operations in Egypt have not commenced, the business has incurred some 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 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 Adjusted EBITDA (defined as income/(loss) for the period, before income tax expense/(benefit), finance costs and income, depreciation and amortization, impairment of withholding tax receivables, impairment of goodwill, business combination transaction costs, impairment of property, plant and equipment, intangible assets excluding goodwill and related prepaid land rent, reversal of provision for decommissioning costs, net (gain)/loss on sale of assets, share-based payment (credit)/expense, insurance claims and certain other items that management believes are not indicative of the core performance of our business). The most directly comparable IFRS Accounting Standards measure to Adjusted EBITDA is our income/(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 therefore are not allocated to operating segments. Segment Adjusted EBITDA represents Adjusted EBITDA excluding unallocated corporate expenses. 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, 2024, is as follows: 2024 Nigeria SSA Latam MENA Total $’000 $’000 $’000 $’000 $’000 Revenues from external customers 497,306 239,530 94,237 22,048 853,121 Segment Adjusted EBITDA 274,260 146,108 67,124 12,239 499,731 Reconciliation of information on reportable segments to the amounts reported in the financial statements: Segment Adjusted EBITDA 499,731 Finance costs (note 10) (1,812,744) Depreciation and amortization (note 6 and 7) (174,732) Impairment of goodwill (note 7) (87,894) Impairment of withholding tax receivables (note 7) (10,972) Share‑based payment expense (note 7) (8,066) Other costs (a) (6,392) Impairment of property, plant and equipment, intangible assets excluding goodwill and related prepaid land rent (note 6) (5,943) Impairment of assets held for sale (note 6) (2,853) Business combination costs (note 7) (380) Impairment of other fixed assets (note 7) (31) Insurance claims 40 Net gain on disposal of property, plant and equipment (note 7) 2,292 Finance income (note 9) 24,376 Unallocated corporate expenses (b) (63,724) Loss before income tax (1,647,292) Additions of property, plant and equipment, right of use assets and intangible assets: - through business combinations — — — — - in the normal course of business 50,415 38,586 87,443 2,496 Segment assets (at June 30, 2024) 858,590 1,361,444 1,912,250 174,604 Segment liabilities (at June 30, 2024) 339,988 902,002 750,316 101,732 (a) Other costs for the six months ended June 30, 2024, included costs related to strategic review and one-off consulting fees related to corporate structures and operating systems of $4.5 million and costs related to internal reorganization of $1.8 million . (b) Unallocated corporate expenses primarily consist of costs associated with centralized Group functions including Group executive, legal, finance, tax and treasury services. Summarized financial information for the six months ended June 30, 2023, is as follows: 2023 Nigeria SSA Latam MENA Total $’000 $’000 $’000 $’000 $’000 Revenues from external customers 789,570 245,553 93,993 19,616 1,148,732 Segment Adjusted EBITDA* 491,324 128,417 66,502 9,050 695,293 Reconciliation of information on reportable segments to the amounts reported in the financial statements: Segment Adjusted EBITDA* 695,293 Finance costs (note 10)* (1,546,019) Depreciation and amortization (note 6 and 7) (235,450) Impairment of withholding tax receivables (note 7) (24,604) Share‑based payment expense (note 7) (6,917) Impairment of property, plant and equipment, intangible assets excluding goodwill and related prepaid land rent (note 6) (5,081) Other costs (a) (4,848) Business combination costs (note 7) (1,486) Other non-operating income 58 Insurance claims 278 Net gain on disposal of property, plant and equipment (note 7) 566 Finance income (note 9) 13,160 Unallocated corporate expenses (b) (75,042) Loss before income tax* (1,190,092) Additions of property, plant and equipment, right of use assets and intangible assets: - through business combinations — — — — - in the normal course of business 217,165 52,980 99,139 8,812 Segment assets (at June 30, 2023)* 1,584,845 1,542,837 2,074,469 178,333 Segment liabilities (at June 30, 2023)* 914,230 838,874 633,811 111,541 Revised to reflect an adjustment related to the accounting treatment of foreign exchange on goods in transit in Nigeria (see note 28). (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, other one-off consulting services of $1.0 million and one-off professional fees related to financing of $0.2 million. (b) Unallocated corporate expenses primarily consist of costs associated with centralized Group functions including Group executive, legal, finance, tax and treasury services. Summarized financial information for the three months ended June 30, 2024, is as follows: 2024 Nigeria SSA Latam MENA Total $’000 $’000 $’000 $’000 $’000 Revenues from external customers 269,572 108,215 46,464 11,126 435,377 Segment Adjusted EBITDA 171,391 76,456 33,279 6,167 287,293 Reconciliation of information on reportable segments to the amounts reported in the financial statements: Segment Adjusted EBITDA 287,293 Finance costs (note 10) (279,156) Depreciation and amortization (note 6 and 7) (87,166) Share‑based payment expense (note 7) (4,885) Other costs (a) (3,907) Impairment of property, plant and equipment, intangibles assets excluding goodwill and related prepaid land rent (note 6) (2,883) Impairment of assets held for sale (note 6) (2,853) Impairment of withholding tax receivables (note 7) (2,756) Business combination costs (note 7) (148) Impairment of other fixed assets (note 7) (31) Insurance claims 30 Net loss on disposal of property, plant and equipment (note 7) 1,919 Finance income (note 9) 43,010 Unallocated corporate expenses (b) (36,445) Loss before income tax (87,978) Additions of property, plant and equipment, right of use assets and intangible assets: - through business combinations — — — — - in the normal course of business 29,302 31,195 43,187 1,672 Segment assets (at June 30, 2024) 858,590 1,361,444 1,912,250 174,604 Segment liabilities (at June 30, 2024) 339,988 902,002 750,316 101,732 (a) Other costs for the three months ended June 30, 2024, included costs related to strategic review and one-off consulting fees related to corporate structures and operating systems of $2.5 million and costs related to internal reorganization of $1.3 million . (b) Unallocated corporate expenses primarily consist of costs associated with centralized Group functions including Group executive, legal, finance, tax and treasury services. Summarized financial information for the three months ended June 30, 2023, is as follows: 2023 Nigeria SSA Latam MENA Total $’000 $’000 $’000 $’000 $’000 Revenues from external customers 364,592 123,393 48,344 9,875 546,204 Segment Adjusted EBITDA 219,445 62,933 35,330 5,384 323,092 Reconciliation of information on reportable segments to the amounts reported in the financial statements: Segment Adjusted EBITDA* 323,092 Finance costs (note 10)* (1,369,052) Depreciation and amortization (note 6 and 7) (116,494) Impairment of withholding tax receivables (note 7) (13,349) Share‑based payment expense (note 7) (3,628) Other costs (a) (2,673) Impairment of property, plant and equipment, intangibles assets excluding goodwill and related prepaid land rent (note 6) (935) Net loss on disposal of property, plant and equipment (note 7) (168) Business combination costs (note 7) (27) Other non-operating income 28 Insurance claims 133 Finance income (note 9) 8,373 Unallocated corporate expenses (b) (38,385) Loss before income tax* (1,213,085) Additions of property, plant and equipment, right of use assets and intangible assets: - through business combinations — — — — - in the normal course of business 137,078 25,209 56,214 5,485 Segment assets (at June 30, 2023)* 1,584,845 1,542,837 2,074,469 178,333 Segment liabilities (at June 30, 2023)* 914,230 838,874 633,811 111,541 *Revised to reflect an adjustment related to the accounting treatment of foreign exchange on goods in transit in Nigeria (see note 28). (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 other one-off consulting services of $1.0 million. (b) Unallocated corporate expenses primarily consist of costs associated with centralized Group functions including Group executive, legal, finance, tax and treasury services. 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, 2024 2023 2024 2023 $’000 $’000 Customer A 61 % 61 % 60 % 59 % Customer B 16 % 18 % 16 % 17 %

Cost of sales

Cost of sales	6 Months Ended
Cost of sales	Jun. 30, 2024
Cost of sales [abstract]
Cost of sales	6. Three months ended Six months ended June 30, June 30, June 30, June 30, 2024 2023 2024 2023 $’000 $’000 $’000 $’000 Power generation 90,641 98,642 179,461 213,932 Depreciation (note 13) (a) 73,814 100,319 147,585 203,973 Amortization (note 14) 9,639 11,709 19,602 22,963 Tower repairs and maintenance 8,923 29,534 24,502 57,398 Site regulatory permits 7,034 10,237 14,599 21,197 Staff costs 5,910 8,355 12,800 18,145 Impairment of property, plant and equipment, intangible assets excluding goodwill and related prepaid land rent 2,883 935 5,943 5,081 Impairment of assets held for sale 2,853 — 2,853 — Travel costs 1,702 2,734 3,377 6,214 Insurance 1,129 1,247 2,320 2,554 Short-term rental 1,037 2,007 3,631 5,590 Professional fees 460 660 862 1,201 Vehicle maintenance and repairs 454 498 892 1,061 Security services 114 11,308 7,953 24,106 Other* /(b) 117 18,911 34,620 20,369 206,710 297,096 461,000 603,784 *Revised to reflect an adjustment related to the accounting treatment of foreign exchange on goods in transit in Nigeria (see note 28). (a) Presented net of related indirect tax receivable in Brazil of $0.7 million in 2024. Refer to note 13. (b) Included in “Other” for the three months ended June 30, 2024, are $1.9 million in foreign exchange gains on cost of sales (three months ended June 30, 2023: foreign exchange losses on cost of sales $16.9 million) and for the six months ended June 30, 2024: foreign exchange losses on cost of sales of $30.2 million in (six months ended June 30, 2023: $16.6 million).

Administrative expenses

Administrative expenses	6 Months Ended
Administrative expenses	Jun. 30, 2024
Administrative expenses.
Administrative expenses	7. Three months ended Six months ended June 30, June 30, June 30, June 30, 2024 2023 2024 2023 $’000 $’000 $’000 $’000 Staff costs 35,550 38,725 65,618 76,555 Professional fees 14,544 15,742 27,094 29,403 Facilities, short-term rental and upkeep 8,110 10,033 16,540 21,188 Key management compensation 5,828 4,033 9,839 8,240 Share‑based payment expense (note 24) 4,885 3,628 8,066 6,917 Travel costs 3,115 3,534 5,998 6,678 Impairment of withholding tax receivables (a) 2,756 13,349 10,972 24,604 Depreciation (note 13) 2,622 3,058 5,417 5,718 Amortization (note 14) 1,091 1,408 2,128 2,796 Operating taxes 220 36 669 116 Business combination costs 148 27 380 1,486 Impairment of other fixed assets 31 — 31 — Impairment of goodwill (note 14) — — 87,894 — Net (gain)/loss on disposal of property, plant and equipment (1,919) 168 (2,292) (566) Other 6,782 6,980 12,105 14,868 83,763 100,721 250,459 198,003 (a) 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.

Reversal of loss allowance_(los

Reversal of loss allowance/(loss allowance) on trade receivables	6 Months Ended
	Jun. 30, 2024
Reversal of loss allowance/(loss allowance) on trade receivables
Reversal of loss allowance/(loss allowance) on trade receivables	8. The reversal of loss allowance for the three months ended June 30, 2024, is $2.4 million (three months ended June 30, 2023: loss allowance of $1.0 million) and the loss allowance for the six months ended June 30, 2024, is $2.2 million (six months ended June 30, 2023: $4.5 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.

Finance income

Finance income	6 Months Ended
Finance income	Jun. 30, 2024
Finance income.
Finance income	9. Three months ended Six months ended June 30, June 30, June 30, June 30, 2024 2023 2024 2023 $’000 $’000 $’000 $’000 Net foreign exchange gain arising from derivative instruments - unrealized 30,640 — 5,678 — Net foreign exchange gain arising from financing - realized 4,461 — — — Fair value gain on embedded options and interest rate caps 4,039 2,874 10,864 1,163 Interest income - bank deposits 3,853 5,079 7,834 11,577 Net foreign exchange gain arising from derivative instruments - realized 17 420 — 420 43,010 8,373 24,376 13,160

Finance costs

Finance costs	6 Months Ended
Finance costs	Jun. 30, 2024
Finance costs.
Finance costs	10. Three months ended Six months ended June 30, June 30, June 30, June 30, 2024 2023 2024 2023 $’000 $’000 $’000 $’000 Net foreign exchange loss arising from financing - unrealized* 169,693 1,126,709 1,543,432 1,153,410 Interest expenses - third party loans 78,632 90,407 171,922 174,991 Interest and finance charges paid/payable for lease liabilities 18,390 16,307 34,108 31,202 Interest expense - withholding tax paid on bond interest 7,146 6,741 7,146 6,741 Fees on loans and financial derivatives 3,056 2,490 7,917 5,933 Unwinding of discount on decommissioning liability 2,239 2,320 4,538 4,581 Net foreign exchange loss arising from financing - realized — 61,639 23,327 107,052 Net foreign exchange loss on derivative instruments - realized — — 20,354 — Net foreign exchange loss on derivative instruments - unrealized — 62,439 — 62,109 279,156 1,369,052 1,812,744 1,546,019 *Revised to reflect an adjustment related to the accounting treatment of foreign exchange on goods in transit in Nigeria (see note 28).

Taxation

Taxation	6 Months Ended
Taxation	Jun. 30, 2024
Taxation
Taxation	11. Three months ended Six months ended June 30, June 30, June 30, June 30, 2024 2023 2024 2023 $’000 $’000 $’000 $’000 Current taxes 38,006 27,609 42,636 62,917 Deferred income taxes (1,670) 29,632 (8,364) 9,542 Total taxes 36,336 57,241 34,272 72,459 Income tax expense is recognized in each interim period based on tax computations for each group entity based upon the income 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, the 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. The income tax payable reduction of $15.1 million for the six months ended June 30, 2024, is primarily driven by the movement in the uncertain tax positions of $11.7 million as a result of the Naira devaluation. As a result of the goodwill impairment in Latam tower businesses group of CGUs (refer to note 14) for the six months ended June 30, 2024, the Group reassessed recoverability of the related deferred tax assets and determined that no impairment of deferred tax assets was required. International Tax Reform - Pillar Two Model Rules - Amendments to IAS 12 The United Kingdom has enacted a Multinational Top-Up Tax based upon the Organization for Economic Co-operation and Development Pillar Two Global Anti-Base Erosion Rules (“Pillar Two”). The legislation is in effect for the Group’s financial year beginning January 1, 2024. The Group is in scope by virtue of the parent company being tax resident in the UK. The group applied the IAS 12 ‘Income taxes’ exception to recognizing and disclosing information about deferred tax assets and liabilities related to the Pillar Two model rules. A liability to Pillar Two is anticipated to arise with respect to certain jurisdictions where the Pillar Two effective tax rate is below 15%. As a result, the Group recognized an estimated current tax expense of $8.6 million for the six months ended June 30, 2024.

Loss per share

Loss per share	6 Months Ended
Loss per share	Jun. 30, 2024
Loss per share
Loss per share	12. 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, 2024 2023 2024 2023 $’000 $’000 Loss attributable to equity holders ($’000)* (124,314) (1,270,326) (1,681,564) (1,262,551) Less: allocation of loss to non‑controlling interest ($’000) (3,245) (3,554) (7,167) (6,360) Loss attributable to IHS common shareholders ($’000)* (121,069) (1,266,772) (1,674,397) (1,256,191) Basic weighted average shares outstanding (‘000) 333,065 334,108 332,846 333,053 Potentially dilutive securities (‘000) 765 1,583 893 2,538 Potentially dilutive weighted average common shares outstanding (‘000) 333,830 335,691 333,739 335,591 Loss per share: Basic loss per share ($)* (0.36) (3.79) (5.03) (3.77) Diluted loss per share ($)* (0.36) (3.79) (5.03) (3.77) *Revised to reflect an adjustment related to the accounting treatment of foreign exchange on goods in transit in Nigeria (see note 28). Potentially dilutive securities include share-based compensation options, but for the three and six months ended June 30, 2024, and the three and six months ended June 30, 2023, these securities were anti-dilutive and thus do not impact diluted loss per share.

Property, plant and equipment

Property, plant and equipment	6 Months Ended
Property, plant and equipment	Jun. 30, 2024
Property, plant and equipment.
Property, plant and equipment	13. 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, 2023 2,961,567 364,182 63,586 32,308 27,277 287,158 3,736,078 1,165,180 Additions during the year (a) 64,165 32,293 3,017 3,775 4,481 351,362 459,093 123,281 Additions through business combinations (note 26) (b) 5,576 — — — — — 5,576 — Reclassification 208,363 81,929 5,210 (2,300) 337 (293,539) — — Transfer from advance payments 67,978 2,529 2,164 — — 16,643 89,314 — Disposals (c) (122,022) (35,575) — (1,743) (2,216) — (161,556) (52,271) Effects of movement in exchange rates (880,175) 3,431 (34,697) (7,589) (10,497) (148,759) (1,078,286) (117,853) Reclassified to assets held for sale (e) (111,551) — — (52) — (127) (111,730) (1,347) At December 31, 2023 2,193,901 448,789 39,280 24,399 19,382 212,738 2,938,489 1,116,990 At January 1, 2024 2,193,901 448,789 39,280 24,399 19,382 212,738 2,938,489 1,116,990 Additions during the period (a) 21,399 5,743 1,295 469 496 64,632 94,034 78,333 Reclassification 54,369 21,134 — 482 — (75,985) — — Transfer from advance payments 8,295 8,595 40 — — (7,165) 9,765 — Disposals (c) (7,169) (11) — (150) (298) — (7,628) (35,995) Effects of movement in exchange rates (430,422) (80,181) (13,906) (3,840) (4,538) (61,597) (594,484) (134,715) At June 30, 2024 1,840,373 404,069 26,709 21,360 15,042 132,623 2,440,176 1,024,613 Accumulated depreciation and impairment At January 1, 2023 1,561,326 59,032 1,833 21,437 17,009 — 1,660,637 200,161 Charge for the year (d) 216,776 65,246 358 4,173 4,017 — 290,570 95,895 Impairment (e) 85,567 464 — — — — 86,031 1,663 Disposals (c) (120,503) (34,506) — (1,723) (2,141) — (158,873) (23,920) Effects of movement in exchange rates (587,037) 6,143 (958) (4,826) (6,135) — (592,813) (43,018) Reclassified to assets held for sale (e) (87,290) — — (8) — — (87,298) (700) At December 31, 2023 1,068,839 96,379 1,233 19,053 12,750 — 1,198,254 230,081 At January 1, 2024 1,068,839 96,379 1,233 19,053 12,750 — 1,198,254 230,081 Charge for the period (d) 70,962 33,811 111 1,499 1,254 — 107,637 46,095 Impairment (e) 3,835 — — 31 4 — 3,870 1,216 Disposals (c) (6,618) (10) — (104) (298) — (7,030) (16,951) Effects of movement in exchange rates (257,221) (21,934) (429) (3,255) (2,737) — (285,576) (30,828) At June 30, 2024 879,797 108,246 915 17,224 10,973 — 1,017,155 229,613 Net book value At December 31, 2023 1,125,062 352,410 38,047 5,346 6,632 212,738 1,740,235 886,909 At June 30, 2024 960,576 295,823 25,794 4,136 4,069 132,623 1,423,021 795,000 (a) Includes net movements in assets relating to the decommissioning and site restoration provision. (b) Includes subsequent asset acquisitions on business combination transactions. (c) 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. (d) The charge for the period does not agree to the charge in the condensed consolidated statement of loss and other comprehensive (loss)/income due to the indirect taxes benefit of $0.7 million in IHS Brasil Cessão de Infraestruturas S.A. claimed through depreciation over the useful life of the asset. (e) The impairment in the year ended December 31, 2023, includes $71.0 million from power equipment assets in the SSA segment being classified as assets held for sale and remeasured at fair value less costs to sell. In May 2024, the sale of these assets was concluded and an additional impairment of $2.6 million was recognized due to certain warranty claims received. Assets were not depreciated while they were classified as held for sale. The impairment losses have been recognized in cost of sales in the condensed consolidated statement of loss and other comprehensive (loss)/income. On April 30, 2024, we completed the sale of our subsidiary in Peru, IHS Peru S.A.C. These assets were included in assets held for sale at December 31, 2023. 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.

Goodwill and other intangible a

Goodwill and other intangible assets	6 Months Ended
Goodwill and other intangible assets	Jun. 30, 2024
Goodwill and other intangible assets
Goodwill and other intangible assets	14. Customer ‑ Network ‑ related related intangible intangible Goodwill assets assets Licenses Software Total $’000 $’000 $’000 $’000 $’000 $’000 Cost At January 1, 2023 885,639 1,031,366 175,290 30,588 29,244 2,152,127 Additions during the year — — — 3,007 12,110 15,117 Additions through business combinations (note 26) (a) — 2,224 766 — — 2,990 Disposals — (16,219) (1,758) (117) (14,928) (33,022) Effects of movement in exchange rates (134,613) (119,291) (13,619) (45) (4,670) (272,238) Reclassified to assets held for sale — — — — (271) (271) At December 31, 2023 751,026 898,080 160,679 33,433 21,485 1,864,703 At January 1, 2024 751,026 898,080 160,679 33,433 21,485 1,864,703 Additions during the period — — — — 3,833 3,833 Disposals — — — — (5,403) (5,403) Effects of movement in exchange rates (115,621) (123,322) (13,354) (1,785) (1,146) (255,228) At June 30, 2024 635,405 774,758 147,325 31,648 18,769 1,607,905 Accumulated amortization and impairment At January 1, 2023 122,251 159,402 27,576 9,076 21,331 339,636 Charge for the year — 34,044 7,217 6,288 2,834 50,383 Disposals — (16,219) (1,758) (117) (13,328) (31,422) Effects of movement in exchange rates 9,477 (43,850) (7,335) 351 (4,827) (46,184) Reclassified to assets held for sale — — — — (38) (38) At December 31, 2023 131,728 133,377 25,700 15,598 5,972 312,375 At January 1, 2024 131,728 133,377 25,700 15,598 5,972 312,375 Charge for the period — 14,426 3,084 1,982 2,238 21,730 Disposals — — — — (5,402) (5,402) Impairment charge for the year 87,894 — — 886 — 88,780 Effects of movement in exchange rates (26,759) (25,894) (4,261) (673) 824 (56,763) At June 30, 2024 192,863 121,909 24,523 17,793 3,632 360,720 Net book value At December 31, 2023 619,298 764,703 134,979 17,835 15,513 1,552,328 At June 30, 2024 442,542 652,849 122,802 13,855 15,137 1,247,185 (a) Includes subsequent asset acquisitions on business combination transactions. Network-related intangible assets represent future income from leasing excess tower capacity to new Tenants. Customer-related intangible assets represent customer contracts and relationships. Assets classified as assets held for sale were remeasured at fair value less costs to sell with impairment losses, if any, recognized in cost of sales in the condensed consolidated statement of loss and other comprehensive (loss)/income. The sale of these assets has been concluded. Assets were not amortized while they were classified as held for sale. We have recognized an impairment of $87.9 million in the IHS Latam tower businesses group of CGUs. This is mainly due to the restructuring of our customer Oi S.A. (“Oi”) in Brazil. On April 19, 2024, an Oi restructuring plan was presented to court in Brazil and was agreed upon by creditors including IHS, in relation to Oi’s ongoing judicial recovery proceedings. As a result of the agreed upon terms, the carrying amount of the IHS Latam tower businesses group of CGUs has been reduced to its recoverable amount, through the recognition of an impairment loss against goodwill. This loss is included in administrative expenses in the condensed consolidated statement of loss and other comprehensive (loss)/income. Changes in key assumptions from December 31, 2023, are as follows: ● Discount rate changed from 11.0% to 10.3% For the Latam tower businesses group of CGUs these reasonably possible change scenarios would have individually resulted in the impairment charge increase as follows: 1% increase 1% decrease 15% decrease in post tax in terminal in tenancy discount rate growth rate growth $'000 $'000 $'000 IHS Latam Tower businesses 165,663 103,808 110,944

Derivative financial instrument

Derivative financial instruments	6 Months Ended
Derivative financial instruments	Jun. 30, 2024
Derivative financial instruments
Derivative financial instruments	15. 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 (loss)/income. The related net foreign exchange gain/(loss) is included in finance income (note 9) and finance costs (note 10). The underlying contractual notional amounts for the derivative instruments as of June 30, 2024, and as of December 31, 2023, are as follows: June 30, December 31, 2024 2023 $’000 $’000 Derivative instruments Embedded options within listed bonds 1,940,000 1,940,000 Foreign exchange swaps 125,000 125,000 2,065,000 2,065,000 The fair value balances are as follows: June 30, December 31, 2024 2023 $’000 $’000 Derivative instruments Embedded options within listed bonds 12,140 1,540 Interest rate caps 402 565 Foreign exchange swaps (12,946) (68,133) (404) (66,028) The change in fair value of the derivative instruments has been recorded in the condensed consolidated statement of loss and other comprehensive (loss)/income as follows: Three months ended Six months ended June 30, June 30, June 30, June 30, 2024 2023 2024 2023 $’000 $’000 $’000 $’000 Derivative instruments Foreign exchange swaps 30,640 (62,439) 5,678 (62,109) Embedded options within listed bonds 3,960 2,310 10,600 750 Interest rate caps 79 564 264 413 34,679 (59,565) 16,542 (60,946)

Trade and other receivables

Trade and other receivables	6 Months Ended
Trade and other receivables	Jun. 30, 2024
Trade and other receivables
Trade and other receivables	16. June 30, December 31, 2024 2023 $’000 $’000 Current Trade receivables 312,850 233,528 Less: impairment provisions (19,312) (21,205) Net trade receivables (a) 293,538 212,323 Other receivables (b) 43,468 317,452 Prepaid land rent 1,142 1,016 Other prepaid expenses 22,673 29,979 Advance payments 27,198 33,364 Withholding tax receivables 1,383 1,362 VAT receivables 10,225 12,339 399,627 607,835 Non ‑ current Accrued income and lease incentive 73,812 71,891 Other tax receivables 4,765 7,116 Payment in advance for property, plant and equipment 35,413 61,874 Contingent consideration receivable (c) 5,562 6,411 119,552 147,292 (a) The fair value is equal to their carrying amount. (b) Included in other receivables are short-term fixed deposits which are not classified as cash and cash equivalents as it exceeds the three-month maturity period. Most of these deposits were withdrawn in the current period and reclassified to cash and cash equivalents. (c) Receivable on the I-Systems Soluções de Infraestrutura S.A. acquisition. Payments in advance for property, plant and equipment relate 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, 2024
Trade and other payables.
Trade and other payables	17. June 30, December 31, 2024 2023 $’000 $’000 Current Trade payables 208,454 330,622 Deferred revenue 46,129 41,462 Withholding tax payable 1,469 3,555 Payroll and other related statutory liabilities 26,062 46,282 VAT payables 29,951 37,829 Other payables 74,299 72,877 386,364 532,627 Non ‑ current Other payables 5,351 4,629 5,351 4,629

Borrowings

Borrowings	6 Months Ended
Borrowings	Jun. 30, 2024
Borrowings.
Borrowings	18. June 30, December 31, 2024 2023 $’000 $’000 Non ‑ current Senior Notes 1,933,891 1,930,457 Bank borrowings 1,487,970 1,126,239 3,421,861 3,056,696 Current Senior Notes 26,620 26,912 Bank borrowings 118,293 107,110 Bank overdraft 5,208 675 Letters of credit 7,693 319,454 157,814 454,151 Total borrowings 3,579,675 3,510,847 18.1 Debt is made up of the following: Maturity June 30, December 31, # Currency date Interest rate 2024 2023 $’000 $’000 Senior Notes IHS Holding Limited US Dollar 2026 5.63 % 499,438 498,920 IHS Holding Limited US Dollar 2028 6.25 % 498,936 498,635 IHS Netherlands Holdco B.V. US Dollar 2027 8.00 % 962,137 959,814 Bank borrowings IHS Brasil - Cessão de Infraestruturas S.A. Brazilian Real 2031 3.10 % + CDI 221,155 252,341 IHS Brasil - Cessão de Infraestruturas S.A. (a) Brazilian Real 2032 2.80 % + CDI 52,777 — IHS Côte d’Ivoire S.A. (b) CFA Franc 2028 6.50 % 16,574 — IHS Côte d’Ivoire S.A. (b) Euro 2028 3.50 % + 3M EURIBOR 87,678 — IHS Côte d’Ivoire S.A. CFA Franc 2024 5.00 % — 6,570 IHS Côte d’Ivoire S.A. Euro 2024 3.00 % + 3M EURIBOR — 4,841 IHS Holding Limited (c) US Dollar 2025 3.75 % + CAS + 3M SOFR 432,689 370,935 IHS Holding Limited (d) US Dollar 2026 4.50 % + 3M SOFR 235,446 — IHS Kuwait Limited Kuwait Dinar 2029 2.00 % + CBK Discount Rate 57,687 61,354 IHS Nigeria Limited (e) Nigerian Naira 2026 2.50 % + MPR; Capped at 24% 34,883 — IHS Towers South Africa Proprietary Limited South African Rand 2029 2.75 % + 3M JIBAR 185,439 185,404 IHS Zambia Limited US Dollar 2027 5.00 % + CAS + 3M SOFR 71,678 81,297 INT Towers Limited Nigerian Naira 2028 2.50 % + MPR; Capped at 24% 106,814 186,302 I-Systems Soluções de Infraestrutura S.A. Brazilian Real 2030 2.45 - 2.50% + CDI 73,044 84,305 I-Systems Soluções de Infraestrutura S.A. (f) Brazilian Real 2032 2.10 % + CDI 28,162 — San Gimignano Imoveis e Adminsitracao Ltda. Brazilian Real 2024 3.96 % + CDI 2,237 — Bank overdraft IHS Towers South Africa Proprietary Limited (g) South African Rand 2024 11.50 % 5,208 675 Letters of credit Global Independent Connect Limited US Dollar 2024 15.25 - 15.28% 155 1,095 IHS Nigeria Limited US Dollar 2024 12.00 - 15.55% 2,217 98,918 IHS Towers NG Limited US Dollar 2024 15.49 % — 23 INT Towers Limited US Dollar 2024 12.00 - 15.75% 5,321 219,418 3,579,675 3,510,847 i. Bank borrowings - new facilities, facility amendments and drawdowns during the reporting period The Group is in compliance with its debt covenants related to the listed bonds and covenants related to external borrowings as of June 30, 2024. 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, 2024. (a) IHS Brasil - Cessão de Infraestruturas S.A. Debentures IHS Brasil - Cessão de Infraestruturas S.A. issued debentures for BRL 300.0 million (approximately $53.6 million) in June 2024 (the “IHS 2024 Brasil Debentures”). The IHS 2024 Brasil Debentures amortize, starting from July 2026, semi-annually until maturity in July 2032. The proceeds from the issuance of the IHS 2024 Brasil Debentures were applied towards general corporate and working capital purposes. (b) CIV (2023) Term Loan IHS Côte d’Ivoire S.A. entered into a facility agreement originally in December 2023, (as amended and/or restated from time to time) with, amongst others, certain financial institutions listed therein as original lenders, split into one tranche with a total commitment of €88.0 million (approximately $94.3 million) (the “CIV 2023 Euro Tranche”), and another tranche with a total commitment of XOF 11.2 billion (approximately $18.2 million) (the “CIV 2023 XOF Tranche” and, together with the CIV 2023 Euro Tranche, the “CIV 2023 Term Loan”). The CIV 2023 Term Loan is governed by French law. Funds under the facility are to be applied towards, inter alia, refinancing certain indebtedness of IHS Côte d’Ivoire S.A. (including the IHS Côte d’Ivoire S.A. Facility), general corporate and working capital purposes, and funding a settlement of intercompany loans. In June 2024, €31.9 million (approximately $34.2 million) and XOF 4.0 billion (approximately $6.6 million) was drawn down under the CIV (2023) Term Loan and the proceeds were applied towards general corporate purposes. As of June 30, 2024, €88.0 million (approximately $94.3 million) and XOF 11.2 billion (approximately $18.2 million) were drawn under this facility and the proceeds were applied towards, inter alia, the repayment of the IHS Côte d’Ivoire S.A. Facility. (c) IHS Holding (2022) Bullet Term Loan Facility IHS Holding Limited entered into a $600.0 million term loan agreement in October 2022, (as amended and/or restated from time to time, the “IHS Holding 2022 Term Loan”), between, amongst others, IHS Holding Limited as borrower, Citibank Europe plc, UK Branch as facility agent and certain financial institutions listed therein as original lenders. The loan is guaranteed by IHS Netherlands Holdco B.V., IHS Netherlands NG1 B.V., IHS Towers NG Limited, IHS Netherlands NG2 B.V., Nigeria Tower Interco B.V., INT Towers Limited and IHS Nigeria. In October 2023, the available commitments under the IHS Holding 2022 Term Loan were voluntarily reduced by $100.0 million and the availability period on the remaining balance in available commitments was extended to April 2024 from October 2023. In March 2024, the available commitments under the IHS Holding 2022 Term Loan were further voluntarily reduced by $70.0 million. In April 2024, $60.0 million of the IHS Holding 2022 Term Loan Facility was drawn down. As of June 30, 2024, $430.0 million of the IHS Holding 2022 Term Loan was drawn down. (d) IHS Holding (2024) Term Facility IHS Holding Limited entered into a $270.0 million loan agreement on March 8, 2024, (as amended and/or restated from time to time, the “IHS Holding 2024 Term Facility”), between, amongst others, IHS Holding Limited as borrower and Standard Chartered Bank (Singapore) Limited as the original lender. The loan is guaranteed by IHS Netherlands Holdco B.V., IHS Netherlands NG1 B.V., IHS Towers NG Limited, IHS Netherlands NG2 B.V., Nigeria Tower Interco B.V., INT Towers Limited and IHS Nigeria. As of June 30, 2024, $270.0 million of the IHS Holding 2024 Term Facility was drawn down. The majority of the drawn proceeds have been applied toward the repayment of Letter of Credit Facilities in Nigeria. (e) 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 $36.3 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. As of June 30, 2024, NGN 51.0 billion (approximately $33.7 million) million of the Nigeria 2023 RCF was drawn down. (f) I-Systems Debentures I-Systems issued debentures for BRL 160.0 million (approximately $28.6 million), in June 2024 (as amended and/or restated from time to time, the “I-Systems Debentures”). The I-Systems Debentures amortize, starting from November 2026, semi-annually until maturity in May 2032. The proceeds from the issuance of the I-Systems Debentures were applied towards, inter alia, general corporate and working capital purposes. (g) IHS South Africa Overdraft IHS SA entered into a ZAR 350.0 million (approximately $19.2 million) overdraft facility agreement in October 2023, (the “IHS SA Overdraft”). The IHS SA Overdraft is governed by South African law and funds borrowed under the facility will be applied towards general corporate purposes. The IHS SA Overdraft will terminate in October 2024. As of June 30, 2024, ZAR 93.1 million (approximately $5.1 million) has been drawn down under this facility. ii. As of June 30, 2024, IHS Nigeria Limited has utilized $2.2 million through funding under agreed letters of credit. These letters mature on September 30, 2024, and their interest rates range from 12.00% to 15.55%. These letters of credit are utilized to fund capital and operational expenditure with suppliers. As of June 30, 2024, INT Towers Limited has utilized $5.3 million through funding under agreed letters of credit. These letters mature on September 30, 2024, and their interest rates range from 12.00% to 15.75%. These letters of credit are utilized to fund capital and operational expenditure with suppliers. As of June 30, 2024, Global Independent Connect Limited has utilized $0.2 million through funding under agreed letters of credit. These letters mature on September 30, 2024, and their interest rates range from 15.25% to 15.28%. These letters of credit are utilized to fund capital and operational expenditure with suppliers.

Lease liabilities

Lease liabilities	6 Months Ended
Lease liabilities	Jun. 30, 2024
Lease liabilities.
Lease liabilities	19. June 30, December 31, 2024 2023 $’000 $’000 Non‑current 492,698 510,838 Current 90,060 91,156 Total lease liabilities 582,758 601,994 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, 2024, payments to the value of $63.2 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, 2024, and December 31, 2023, 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, 2024 Lease liabilities 582,758 1,157,192 101,414 192,242 179,172 684,364 At December 31, 2023 Lease liabilities 601,994 1,181,459 101,709 193,434 180,895 705,421 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, 2024, is 12.5 years.

Provisions for other liabilitie

Provisions for other liabilities and charges	6 Months Ended
Provisions for other liabilities and charges	Jun. 30, 2024
Provisions for other liabilities and charges
Provisions for other liabilities and charges	20. Decommissioning and site restoration provision June 30, December 31, 2024 2023 $’000 $’000 At January 1 86,408 85,016 Decrease in provisions (3,860) (505) Payments for tower and tower equipment decommissioning (25) (343) Unwinding of discount 4,538 9,156 Effects of movement in exchange rates (5,878) (6,916) At end of period/year 81,183 86,408 Analysis of total decommissioning and site restoration provisions: Non‑current 81,011 86,131 Current 172 277 81,183 86,408 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, 2024
Stated capital
Stated capital	21. 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 $’000 At December 31, 2023 332,519 100,311 99,756 5,324,525 5,295,056 Shares issued on exercise of options 555 166 166 4,227 4,227 At June 30, 2024 333,074 100,477 99,922 5,328,752 5,299,283

Other reserves

Other reserves	6 Months Ended
Other reserves	Jun. 30, 2024
Other reserves.
Other reserves	22. 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, 2023 (3) 4,019 98,817 (840,359) (123,745) (861,271) Other comprehensive income 12 — — — 950,843 950,855 Options converted to shares — — (92,896) — — (92,896) Recognition of share‑based payment expense — — 13,168 — — 13,168 Other reclassifications related to share-based payment — — (1,426) — — (1,426) At December 31, 2023 9 4,019 17,663 (840,359) 827,098 8,430 At January 1, 2024 9 4,019 17,663 (840,359) 827,098 8,430 Other comprehensive income (1) — — — 1,064,172 1,064,171 Options converted to shares — — (4,393) — — (4,393) Recognition of share‑based payment expense — — 8,073 — — 8,073 At June 30, 2024 8 4,019 21,343 (840,359) 1,891,270 1,076,281

Non-controlling interest

Non-controlling interest	6 Months Ended
Non-controlling interest	Jun. 30, 2024
Non-controlling interest
Non-controlling interest	23. Six months ended June 30, June 30, 2024 2023 $’000 $’000 Balance at January 1 237,506 227,200 Loss for the period (7,167) (6,360) Other comprehensive income (27,647) 15,608 Balance at June 30 202,692 236,448 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. The amounts disclosed are before intercompany eliminations. I-Systems Soluções de Infraestrutura S.A. Summarized statement of financial position June 30, December 31, 2024 2023 $’000 $’000 Current assets 56,177 83,274 Current liabilities (39,615) (53,797) Current net assets 16,562 29,477 Non-current assets 477,420 527,592 Non-current liabilities (122,845) (114,681) Non-current net assets 354,575 412,911 Net assets 371,137 442,388 Accumulated non-controlling interest at the end of the period/year 181,857 216,770 I-Systems Soluções de Infraestrutura S.A. Summarized statement of comprehensive (loss)/income for the reporting period Six months ended June 30, June 30, 2024 2023 $’000 $’000 Revenue 39,865 34,179 Loss for the period (14,019) (11,283) Other comprehensive (loss)/income (57,231) 31,622 Total comprehensive (loss)/income (71,250) 20,339 Loss allocated to non-controlling interest during the period (6,869) (5,529) I-Systems Soluções de Infraestrutura S.A. Summarized statement of cash flows for the reporting period Six months ended June 30, June 30, 2024 2023 $’000 $’000 Cash flows generated from operating activities 27,292 11,193 Cash flows used in investing activities (39,064) (52,294) Cash flows generated from financing activities 23,618 33,680 Net increase/(decrease) in cash and cash equivalents 11,846 (7,421)

Share-based payment obligation

Share-based payment obligation	6 Months Ended
Share-based payment obligation	Jun. 30, 2024
Share-based payment obligation
Share-based payment obligation	24. The total charge to the condensed consolidated statement of loss and other comprehensive (loss)/income for the three months ended June 30, 2024, was $4.9 million (three months ended June 30, 2023: $3.6 million), while the charge for the six months ended June 30, 2024, was $8.1 million (six months ended June 30, 2023: $6.9 million). In May 2024, a total of 6,339,851 options were awarded as part of the existing Omnibus employee share-based payment plan. June 2024 Valuation assumptions - Omnibus employee share-based payment scheme The Omnibus options issued were valued at $71.4 million at issue using a share price assumption within a range of $3.39 - $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 $29.5 million and $29.3 million respectively while the fair value of the PSUs with market conditions determined using the Monte Carlo model amounted to $12.6 million. At June 30, 2024, a forfeiture rate range of 6% - 7% was assumed resulting in an expected charge over the remaining term of the options of $26.4 million. Volatility within a range of 35.9% to 58.31% was determined by calculating the observed historical volatilities over the end of the performance period of the grants. 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, 2024
Cash from operations
Cash from operations	25. Three months ended Six months ended June 30, June 30, June 30, June 30, 2024 2023 2024 2023 $’000 $’000 $’000 $’000 Reconciliation: Loss before taxation (87,978) (1,213,085) (1,647,292) (1,190,092) Adjustments Depreciation of property, plant and equipment (note 6 and 7) 76,436 103,377 153,002 209,691 Amortization of intangible assets (note 6 and 7) 10,730 13,117 21,730 25,759 Amortization of prepaid site rent 2,387 2,424 4,989 5,129 Impairment of property, plant and equipment, intangible assets excluding goodwill and related prepaid land rent (note 6) 2,914 935 5,974 5,081 Impairment of assets held for sale (note 6) 2,853 — 2,853 — Impairment of goodwill (note 7) — — 87,894 — Impairment of withholding tax receivables (note 7) 2,756 13,349 10,972 24,604 Net (gain)/loss on disposal of property, plant and equipment (note 7) (1,919) 168 (2,292) (566) Share‑based payment expense (note 7) 4,885 3,628 8,066 6,917 (Reversal of loss allowance)/loss allowance on trade receivables (note 8) (2,381) 954 2,179 4,514 Finance income (note 9)* (43,010) (8,373) (24,376) (13,160) Finance costs (note 10)* 279,156 1,369,052 1,812,744 1,546,019 Insurance claim income (30) (133) (40) (278) Operating income before working capital changes* 246,799 285,413 436,403 623,618 Changes in working capital Decrease/(increase) in inventory* 6,049 28,811 (5,395) 36,721 Increase in trade and other receivables (111,876) (49,000) (187,127) (137,079) Increase/(decrease) in trade and other payables* 10,624 (6,127) 699 (12,141) Net movement in working capital* (95,203) (26,316) (191,823) (112,499) Cash from operations* 151,596 259,097 244,580 511,119 *Revised to reflect an adjustment related to the accounting treatment of foreign exchange on goods in transit in Nigeria (see note 28).

Business Combinations

Business Combinations	6 Months Ended
Business Combinations	Jun. 30, 2024
Business Combinations
Business Combinations	26. For acquisitions that meet the definition of a business combination, with the exception of the additional stages of the Kuwait Acquisition which are accounted for as assets acquisition, the Group applies the acquisition accounting method 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. The Group completed one additional stage of the Kuwait Acquisition in 2023. There were no acquisitions during the six-month period ended June 30, 2024. 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, September 2022 and August 2023 IHS GCC KW completed the third, fourth, fifth and sixth stages of the acquisition of 1,620 towers from Zain Kuwait comprising 67, 126, 43 and 101 towers respectively. As part of the transaction, some towers that we have not purchased are managed and operated under a Managed Services agreement, and currently comprise approximately 121 towers. 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% 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 101 towers acquired in 2023. 2023 $’000 Gross consideration 6,408 Less: consideration received in exchange for a retained 30% interest (by Zain Kuwait) in IHS GCC KW (1,922) Net cash consideration for 70% controlling interest in the acquired towers 4,486 Identifiable assets acquired and liabilities assumed: Towers and tower equipment 5,576 Customer-related assets 2,224 Network-related assets 766 Trade and other payables (2,158) Total identifiable net assets acquired (at 100% ) 6,408 Goodwill — Non-controlling interest portion of above at 30% 1,922

Capital commitments and conting

Capital commitments and contingent liabilities	6 Months Ended
Capital commitments and contingent liabilities	Jun. 30, 2024
Capital commitments and contingent liabilities
Capital commitments and contingent liabilities	27. 27.1 The Group was committed to the purchase of property, plant and equipment of approximately $122.4 million at June 30, 2024 (December 31, 2023: $162.9 million). 27.2 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 $9.2 million at the end of the reporting period (December 31, 2023: $11.9 million). Based on legal advice received, claims against the Group are not considered probable, thus no provisions have been made in these financial statements. In the ordinary course of business, the Group is subject to regular tax reviews. A number of tax disputes have been raised in multiple jurisdictions, some of which are ongoing, including in Nigeria. The Group exercises judgment and makes estimates to determine whether to recognize provisions and makes disclosures for contingent liabilities, where considered necessary. In respect of the ongoing tax disputes, the Group is vigorously defending its position and believes that no present obligation has been established. The Group has made a provision for uncertain tax positions and believes that the probable quantum of potential future cash outflows in relation to these tax disputes is unlikely to exceed the amount provided in this regard.

Effect of the revision on the C

Effect of the revision on the Condensed Consolidated Financial Statements for the three and six months ended June 30, 2023	6 Months Ended
	Jun. 30, 2024
Effect of the revision on the Condensed Consolidated Financial Statements for the three and six months ended June 30, 2023
Effect of the revision on the Condensed Consolidated Financial Statements for the three and six months ended June 30, 2023	28. Effect of the revision on the Condensed Consolidated Financial Statements for the three and six months ended June 30, 2023 In connection with the preparation of our consolidated financial statements for the year ended December 31, 2023, we identified an adjustment related to the accounting treatment of foreign exchange on goods in transit in Nigeria in the quarterly periods ended June 30, 2023, and September 30, 2023. The adjustment reclassified these foreign exchange movements from Inventories and Property, plant and equipment to Cost of sales and Finance costs. In accordance with SAB No. 99, “Materiality,” and SAB No. 108, “Considering the Effects of Prior Year Misstatements when Quantifying Misstatements in Current Year Financial Statements”, we evaluated the adjustment and determined that the related impact was not material to our financial statements for any prior period. Accordingly, we have revised previously reported financial information, disclosed in our Quarterly Report on Form 6-K for the period ended June 30, 2023. A similar revision will also be included in our Quarterly Report on Form 6-K for the period ended September 30, 2023. The following table summarizes the impact of the revision. CONDENSED CONSOLIDATED STATEMENT OF LOSS AND OTHER COMPREHENSIVE (LOSS)/INCOME (UNAUDITED) Three months ended June 30, 2023 Six months ended June 30, 2023 As previously reported Adjustments Revised As previously reported Adjustments Revised $’000 $’000 $’000 $’000 $’000 $’000 Cost of sales (278,093) (19,003) (297,096) (584,781) (19,003) (603,784) Operating income 166,597 (19,003) 147,594 361,770 (19,003) 342,767 Finance costs (1,366,012) (3,040) (1,369,052) (1,542,979) (3,040) (1,546,019) Loss before income tax (1,191,042) (22,043) (1,213,085) (1,168,049) (22,043) (1,190,092) Loss for the period (1,248,283) (22,043) (1,270,326) (1,240,508) (22,043) (1,262,551) Loss attributable to: Owners of the Company (1,244,729) (22,043) (1,266,772) (1,234,148) (22,043) (1,256,191) Loss for the period (1,248,283) (22,043) (1,270,326) (1,240,508) (22,043) (1,262,551) Loss per share - basic (3.73) (0.06) (3.79) (3.71) (0.06) (3.77) Loss per share - diluted (3.73) (0.06) (3.79) (3.71) (0.06) (3.77) Other comprehensive (loss)/income: Exchange differences on translation of foreign operations 580,767 4,490 585,257 624,959 4,490 629,449 Other comprehensive (loss)/income for the period, net of taxes 580,774 4,490 585,264 624,966 4,490 629,456 Total comprehensive loss for the period (667,509) (17,553) (685,062) (615,542) (17,553) (633,095) Total comprehensive loss attributable to: Owners of the Company (674,361) (17,553) (691,914) (624,790) (17,553) (642,343) Total comprehensive loss for the period (667,509) (17,553) (685,062) (615,542) (17,553) (633,095) CONDENSED CONSOLIDATED STATEMENT OF CHANGES IN EQUITY (UNAUDITED) As previously reported Adjustments Revised Accumulated Other Accumulated Other Accumulated Other losses reserves losses reserves losses reserves $’000 $’000 $’000 $’000 $’000 $’000 Balance at January 1, 2023 (3,317,652) (861,271) — — (3,317,652) (861,271) Total transactions with owners of the company 867 (84,240) — — 867 (84,240) Loss for the period (1,234,148) — (22,043) — (1,256,191) — Other comprehensive income — 609,358 — 4,490 — 613,848 Total comprehensive (loss)/income (1,234,148) 609,358 (22,043) 4,490 (1,256,191) 613,848 Balance at June 30, 2023 (4,550,933) (336,153) (22,043) 4,490 (4,572,976) (331,663) CONDENSED CONSOLIDATED STATEMENT OF CASH FLOWS (UNAUDITED) Three months ended June 30, 2023 Six months ended June 30, 2023 As previously reported Adjustments Revised As previously reported Adjustments Revised $’000 $’000 $’000 $’000 $’000 $’000 Cash flows from operating activities Cash from operations 264,132 (5,035) 259,097 516,154 (5,035) 511,119 Net cash generated from operating activities 243,643 (5,035) 238,608 478,933 (5,035) 473,898 Cash flow from investing activities Purchase of property, plant and equipment (163,185) 5,035 (158,150) (268,602) 5,035 (263,567) Net cash used in investing activities (261,904) 5,035 (256,869) (450,153) 5,035 (445,118) Cash flows from financing activities Cash and cash equivalents at end of period 433,048 — 433,048 433,048 — 433,048 Commensurate adjustments have been made to notes 5, 6, 10, 12 and 25 to the financial statements.

Events after the reporting peri

Events after the reporting period	6 Months Ended
Events after the reporting period	Jun. 30, 2024
Events after the reporting period
Events after the reporting period	29. MTN Nigeria - Renewals and Extensions on Tower Master Lease Agreements On August 7, 2024, the Group entered into an agreement with MTN Nigeria to renew and extend all the Nigerian tower Master Lease Agreements until December 2032, covering approximately 13,500 tenancies. This includes 1,430 of approximately 2,500 MTN Nigeria tenancies that were due to expire at the end of 2024 and in 2025. The renewed contracts include new financial components in both local and foreign currency, which escalate based on the respective CPI, and a new diesel-linked component.

Significant accounting polici_2

Significant accounting policies (Policies)	6 Months Ended
Significant accounting policies (Policies)	Jun. 30, 2024
Significant accounting policies
Basis of preparation	2.1 The financial statements for the three and six months ended June 30, 2024, 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, 2023, which have been prepared in accordance with IFRS Accounting Standards 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, 2024, and its results of operations for the three and six months ended June 30, 2024, and 2023, cash flows for the three and six months ended June 30, 2024, and 2023, and statement of changes in equity for the three and six months ended June 30, 2024, and 2023. Certain amounts in the prior period statement of cash flows related to derivative instruments within financing activities have been reclassified to conform to the current year presentation. The condensed consolidated statement of financial position as of December 31, 2023, 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 12, 2024.
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 income 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) New standards, amendments and interpretations adopted by the Group The Group has applied the following standards and amendments for its reporting period commencing January 1, 2024: ● Classification of Liabilities as Current or Non-current - Deferral of Effective Date (Amendment to IAS 1) ● Non-current Liabilities with Covenants Amendments to IAS 1 ● Lease Liability in a Sale and Leaseback Amendments to IFRS 16 ● Supplier finance arrangements - Amendments to IAS 7 and IFRS 7 The amendments to standards listed above did not have any material impact on the Group’s interim financial statements. (b) New standards, amendments and interpretations not yet adopted by the Group Certain new accounting standards, interpretations and amendments have been published through June 30, 2024, that are not yet effective and have not been early adopted by the Group. They are: ● Lack of Exchangeability (Amendments to IAS 21) ● IFRS 18 Presentation and Disclosure in Financial Statements ● Amendments to the Classification and Measurement of Financial Instruments (Amendments to IFRS 9 and IFRS 7) The Company is in the process of analyzing the impact of the above new standards and amendments.
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 and the Chief Human Resource Officer. 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, 2024
Capital risk management
Schedule of financial instruments measured at fair value	June 30, 2024 Level 1 Level 2 Total $’000 $’000 $’000 Fair value through other comprehensive income financial assets 6 — 6 Interest rate caps (note 15) — 402 402 Embedded options within listed bonds (note 15) — 12,140 12,140 Foreign exchange swaps (note 15) — (12,946) (12,946) 6 (404) (398) December 31, 2023 Level 1 Level 2 Total $’000 $’000 $’000 Fair value through other comprehensive income financial assets 13 — 13 Interest rate caps (note 15) — 565 565 Embedded options within listed bonds (note 15) — 1,540 1,540 Foreign exchange swaps (note 15) — (68,133) (68,133) 13 (66,028) (66,015)
Schedule of fair value estimation	At June 30, 2024 At December 31, 2023 Carrying Fair Carrying Fair Value Value Value Value $’000 $’000 $’000 $’000 Financial liabilities Bank and bond borrowings (note 18) 3,579,675 3,453,980 3,510,847 3,224,775 3,579,675 3,453,980 3,510,847 3,224,775

Segment reporting (Tables)

Segment reporting (Tables)	6 Months Ended
Segment reporting (Tables)	Jun. 30, 2024
Segment reporting
Schedule of summarized financial information	Summarized financial information for the six months ended June 30, 2024, is as follows: 2024 Nigeria SSA Latam MENA Total $’000 $’000 $’000 $’000 $’000 Revenues from external customers 497,306 239,530 94,237 22,048 853,121 Segment Adjusted EBITDA 274,260 146,108 67,124 12,239 499,731 Reconciliation of information on reportable segments to the amounts reported in the financial statements: Segment Adjusted EBITDA 499,731 Finance costs (note 10) (1,812,744) Depreciation and amortization (note 6 and 7) (174,732) Impairment of goodwill (note 7) (87,894) Impairment of withholding tax receivables (note 7) (10,972) Share‑based payment expense (note 7) (8,066) Other costs (a) (6,392) Impairment of property, plant and equipment, intangible assets excluding goodwill and related prepaid land rent (note 6) (5,943) Impairment of assets held for sale (note 6) (2,853) Business combination costs (note 7) (380) Impairment of other fixed assets (note 7) (31) Insurance claims 40 Net gain on disposal of property, plant and equipment (note 7) 2,292 Finance income (note 9) 24,376 Unallocated corporate expenses (b) (63,724) Loss before income tax (1,647,292) Additions of property, plant and equipment, right of use assets and intangible assets: - through business combinations — — — — - in the normal course of business 50,415 38,586 87,443 2,496 Segment assets (at June 30, 2024) 858,590 1,361,444 1,912,250 174,604 Segment liabilities (at June 30, 2024) 339,988 902,002 750,316 101,732 (a) Other costs for the six months ended June 30, 2024, included costs related to strategic review and one-off consulting fees related to corporate structures and operating systems of $4.5 million and costs related to internal reorganization of $1.8 million . (b) Unallocated corporate expenses primarily consist of costs associated with centralized Group functions including Group executive, legal, finance, tax and treasury services. Summarized financial information for the six months ended June 30, 2023, is as follows: 2023 Nigeria SSA Latam MENA Total $’000 $’000 $’000 $’000 $’000 Revenues from external customers 789,570 245,553 93,993 19,616 1,148,732 Segment Adjusted EBITDA* 491,324 128,417 66,502 9,050 695,293 Reconciliation of information on reportable segments to the amounts reported in the financial statements: Segment Adjusted EBITDA* 695,293 Finance costs (note 10)* (1,546,019) Depreciation and amortization (note 6 and 7) (235,450) Impairment of withholding tax receivables (note 7) (24,604) Share‑based payment expense (note 7) (6,917) Impairment of property, plant and equipment, intangible assets excluding goodwill and related prepaid land rent (note 6) (5,081) Other costs (a) (4,848) Business combination costs (note 7) (1,486) Other non-operating income 58 Insurance claims 278 Net gain on disposal of property, plant and equipment (note 7) 566 Finance income (note 9) 13,160 Unallocated corporate expenses (b) (75,042) Loss before income tax* (1,190,092) Additions of property, plant and equipment, right of use assets and intangible assets: - through business combinations — — — — - in the normal course of business 217,165 52,980 99,139 8,812 Segment assets (at June 30, 2023)* 1,584,845 1,542,837 2,074,469 178,333 Segment liabilities (at June 30, 2023)* 914,230 838,874 633,811 111,541 Revised to reflect an adjustment related to the accounting treatment of foreign exchange on goods in transit in Nigeria (see note 28). (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, other one-off consulting services of $1.0 million and one-off professional fees related to financing of $0.2 million. (b) Unallocated corporate expenses primarily consist of costs associated with centralized Group functions including Group executive, legal, finance, tax and treasury services. Summarized financial information for the three months ended June 30, 2024, is as follows: 2024 Nigeria SSA Latam MENA Total $’000 $’000 $’000 $’000 $’000 Revenues from external customers 269,572 108,215 46,464 11,126 435,377 Segment Adjusted EBITDA 171,391 76,456 33,279 6,167 287,293 Reconciliation of information on reportable segments to the amounts reported in the financial statements: Segment Adjusted EBITDA 287,293 Finance costs (note 10) (279,156) Depreciation and amortization (note 6 and 7) (87,166) Share‑based payment expense (note 7) (4,885) Other costs (a) (3,907) Impairment of property, plant and equipment, intangibles assets excluding goodwill and related prepaid land rent (note 6) (2,883) Impairment of assets held for sale (note 6) (2,853) Impairment of withholding tax receivables (note 7) (2,756) Business combination costs (note 7) (148) Impairment of other fixed assets (note 7) (31) Insurance claims 30 Net loss on disposal of property, plant and equipment (note 7) 1,919 Finance income (note 9) 43,010 Unallocated corporate expenses (b) (36,445) Loss before income tax (87,978) Additions of property, plant and equipment, right of use assets and intangible assets: - through business combinations — — — — - in the normal course of business 29,302 31,195 43,187 1,672 Segment assets (at June 30, 2024) 858,590 1,361,444 1,912,250 174,604 Segment liabilities (at June 30, 2024) 339,988 902,002 750,316 101,732 (a) Other costs for the three months ended June 30, 2024, included costs related to strategic review and one-off consulting fees related to corporate structures and operating systems of $2.5 million and costs related to internal reorganization of $1.3 million . (b) Unallocated corporate expenses primarily consist of costs associated with centralized Group functions including Group executive, legal, finance, tax and treasury services. Summarized financial information for the three months ended June 30, 2023, is as follows: 2023 Nigeria SSA Latam MENA Total $’000 $’000 $’000 $’000 $’000 Revenues from external customers 364,592 123,393 48,344 9,875 546,204 Segment Adjusted EBITDA 219,445 62,933 35,330 5,384 323,092 Reconciliation of information on reportable segments to the amounts reported in the financial statements: Segment Adjusted EBITDA* 323,092 Finance costs (note 10)* (1,369,052) Depreciation and amortization (note 6 and 7) (116,494) Impairment of withholding tax receivables (note 7) (13,349) Share‑based payment expense (note 7) (3,628) Other costs (a) (2,673) Impairment of property, plant and equipment, intangibles assets excluding goodwill and related prepaid land rent (note 6) (935) Net loss on disposal of property, plant and equipment (note 7) (168) Business combination costs (note 7) (27) Other non-operating income 28 Insurance claims 133 Finance income (note 9) 8,373 Unallocated corporate expenses (b) (38,385) Loss before income tax* (1,213,085) Additions of property, plant and equipment, right of use assets and intangible assets: - through business combinations — — — — - in the normal course of business 137,078 25,209 56,214 5,485 Segment assets (at June 30, 2023)* 1,584,845 1,542,837 2,074,469 178,333 Segment liabilities (at June 30, 2023)* 914,230 838,874 633,811 111,541 *Revised to reflect an adjustment related to the accounting treatment of foreign exchange on goods in transit in Nigeria (see note 28). (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 other one-off consulting services of $1.0 million. (b) Unallocated corporate expenses primarily consist of costs associated with centralized Group functions including Group executive, legal, finance, tax and treasury services.
Schedule of revenue from tier one customers	Three months ended Six months ended June 30, June 30, June 30, June 30, 2024 2023 2024 2023 $’000 $’000 Customer A 61 % 61 % 60 % 59 % Customer B 16 % 18 % 16 % 17 %

Cost of sales (Tables)

Cost of sales (Tables)	6 Months Ended
Cost of sales (Tables)	Jun. 30, 2024
Cost of sales [abstract]
Schedule of cost of sales	Three months ended Six months ended June 30, June 30, June 30, June 30, 2024 2023 2024 2023 $’000 $’000 $’000 $’000 Power generation 90,641 98,642 179,461 213,932 Depreciation (note 13) (a) 73,814 100,319 147,585 203,973 Amortization (note 14) 9,639 11,709 19,602 22,963 Tower repairs and maintenance 8,923 29,534 24,502 57,398 Site regulatory permits 7,034 10,237 14,599 21,197 Staff costs 5,910 8,355 12,800 18,145 Impairment of property, plant and equipment, intangible assets excluding goodwill and related prepaid land rent 2,883 935 5,943 5,081 Impairment of assets held for sale 2,853 — 2,853 — Travel costs 1,702 2,734 3,377 6,214 Insurance 1,129 1,247 2,320 2,554 Short-term rental 1,037 2,007 3,631 5,590 Professional fees 460 660 862 1,201 Vehicle maintenance and repairs 454 498 892 1,061 Security services 114 11,308 7,953 24,106 Other* /(b) 117 18,911 34,620 20,369 206,710 297,096 461,000 603,784 *Revised to reflect an adjustment related to the accounting treatment of foreign exchange on goods in transit in Nigeria (see note 28). (a) Presented net of related indirect tax receivable in Brazil of $0.7 million in 2024. Refer to note 13. (b) Included in “Other” for the three months ended June 30, 2024, are $1.9 million in foreign exchange gains on cost of sales (three months ended June 30, 2023: foreign exchange losses on cost of sales $16.9 million) and for the six months ended June 30, 2024: foreign exchange losses on cost of sales of $30.2 million in (six months ended June 30, 2023: $16.6 million).

Administrative expenses (Tables

Administrative expenses (Tables)	6 Months Ended
Administrative expenses (Tables)	Jun. 30, 2024
Administrative expenses.
Schedule of administrative expenses	Three months ended Six months ended June 30, June 30, June 30, June 30, 2024 2023 2024 2023 $’000 $’000 $’000 $’000 Staff costs 35,550 38,725 65,618 76,555 Professional fees 14,544 15,742 27,094 29,403 Facilities, short-term rental and upkeep 8,110 10,033 16,540 21,188 Key management compensation 5,828 4,033 9,839 8,240 Share‑based payment expense (note 24) 4,885 3,628 8,066 6,917 Travel costs 3,115 3,534 5,998 6,678 Impairment of withholding tax receivables (a) 2,756 13,349 10,972 24,604 Depreciation (note 13) 2,622 3,058 5,417 5,718 Amortization (note 14) 1,091 1,408 2,128 2,796 Operating taxes 220 36 669 116 Business combination costs 148 27 380 1,486 Impairment of other fixed assets 31 — 31 — Impairment of goodwill (note 14) — — 87,894 — Net (gain)/loss on disposal of property, plant and equipment (1,919) 168 (2,292) (566) Other 6,782 6,980 12,105 14,868 83,763 100,721 250,459 198,003 (a) 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.

Finance income (Tables)

Finance income (Tables)	6 Months Ended
Finance income (Tables)	Jun. 30, 2024
Finance income.
Schedule of finance income	Three months ended Six months ended June 30, June 30, June 30, June 30, 2024 2023 2024 2023 $’000 $’000 $’000 $’000 Net foreign exchange gain arising from derivative instruments - unrealized 30,640 — 5,678 — Net foreign exchange gain arising from financing - realized 4,461 — — — Fair value gain on embedded options and interest rate caps 4,039 2,874 10,864 1,163 Interest income - bank deposits 3,853 5,079 7,834 11,577 Net foreign exchange gain arising from derivative instruments - realized 17 420 — 420 43,010 8,373 24,376 13,160

Finance costs (Tables)

Finance costs (Tables)	6 Months Ended
Finance costs (Tables)	Jun. 30, 2024
Finance costs.
Schedule of finance costs	Three months ended Six months ended June 30, June 30, June 30, June 30, 2024 2023 2024 2023 $’000 $’000 $’000 $’000 Net foreign exchange loss arising from financing - unrealized* 169,693 1,126,709 1,543,432 1,153,410 Interest expenses - third party loans 78,632 90,407 171,922 174,991 Interest and finance charges paid/payable for lease liabilities 18,390 16,307 34,108 31,202 Interest expense - withholding tax paid on bond interest 7,146 6,741 7,146 6,741 Fees on loans and financial derivatives 3,056 2,490 7,917 5,933 Unwinding of discount on decommissioning liability 2,239 2,320 4,538 4,581 Net foreign exchange loss arising from financing - realized — 61,639 23,327 107,052 Net foreign exchange loss on derivative instruments - realized — — 20,354 — Net foreign exchange loss on derivative instruments - unrealized — 62,439 — 62,109 279,156 1,369,052 1,812,744 1,546,019 *Revised to reflect an adjustment related to the accounting treatment of foreign exchange on goods in transit in Nigeria (see note 28).

Taxation (Tables)

Taxation (Tables)	6 Months Ended
Taxation (Tables)	Jun. 30, 2024
Taxation
Schedule of income tax expense	Three months ended Six months ended June 30, June 30, June 30, June 30, 2024 2023 2024 2023 $’000 $’000 $’000 $’000 Current taxes 38,006 27,609 42,636 62,917 Deferred income taxes (1,670) 29,632 (8,364) 9,542 Total taxes 36,336 57,241 34,272 72,459

Loss per share (Tables)

Loss per share (Tables)	6 Months Ended
Loss per share (Tables)	Jun. 30, 2024
Loss per share
Schedule of basic and diluted loss per share	Three months ended Six months ended June 30, June 30, June 30, June 30, 2024 2023 2024 2023 $’000 $’000 Loss attributable to equity holders ($’000)* (124,314) (1,270,326) (1,681,564) (1,262,551) Less: allocation of loss to non‑controlling interest ($’000) (3,245) (3,554) (7,167) (6,360) Loss attributable to IHS common shareholders ($’000)* (121,069) (1,266,772) (1,674,397) (1,256,191) Basic weighted average shares outstanding (‘000) 333,065 334,108 332,846 333,053 Potentially dilutive securities (‘000) 765 1,583 893 2,538 Potentially dilutive weighted average common shares outstanding (‘000) 333,830 335,691 333,739 335,591 Loss per share: Basic loss per share ($)* (0.36) (3.79) (5.03) (3.77) Diluted loss per share ($)* (0.36) (3.79) (5.03) (3.77) *Revised to reflect an adjustment related to the accounting treatment of foreign exchange on goods in transit in Nigeria (see note 28).

Property, plant and equipment (

Property, plant and equipment (Tables)	6 Months Ended
Property, plant and equipment (Tables)	Jun. 30, 2024
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, 2023 2,961,567 364,182 63,586 32,308 27,277 287,158 3,736,078 1,165,180 Additions during the year (a) 64,165 32,293 3,017 3,775 4,481 351,362 459,093 123,281 Additions through business combinations (note 26) (b) 5,576 — — — — — 5,576 — Reclassification 208,363 81,929 5,210 (2,300) 337 (293,539) — — Transfer from advance payments 67,978 2,529 2,164 — — 16,643 89,314 — Disposals (c) (122,022) (35,575) — (1,743) (2,216) — (161,556) (52,271) Effects of movement in exchange rates (880,175) 3,431 (34,697) (7,589) (10,497) (148,759) (1,078,286) (117,853) Reclassified to assets held for sale (e) (111,551) — — (52) — (127) (111,730) (1,347) At December 31, 2023 2,193,901 448,789 39,280 24,399 19,382 212,738 2,938,489 1,116,990 At January 1, 2024 2,193,901 448,789 39,280 24,399 19,382 212,738 2,938,489 1,116,990 Additions during the period (a) 21,399 5,743 1,295 469 496 64,632 94,034 78,333 Reclassification 54,369 21,134 — 482 — (75,985) — — Transfer from advance payments 8,295 8,595 40 — — (7,165) 9,765 — Disposals (c) (7,169) (11) — (150) (298) — (7,628) (35,995) Effects of movement in exchange rates (430,422) (80,181) (13,906) (3,840) (4,538) (61,597) (594,484) (134,715) At June 30, 2024 1,840,373 404,069 26,709 21,360 15,042 132,623 2,440,176 1,024,613 Accumulated depreciation and impairment At January 1, 2023 1,561,326 59,032 1,833 21,437 17,009 — 1,660,637 200,161 Charge for the year (d) 216,776 65,246 358 4,173 4,017 — 290,570 95,895 Impairment (e) 85,567 464 — — — — 86,031 1,663 Disposals (c) (120,503) (34,506) — (1,723) (2,141) — (158,873) (23,920) Effects of movement in exchange rates (587,037) 6,143 (958) (4,826) (6,135) — (592,813) (43,018) Reclassified to assets held for sale (e) (87,290) — — (8) — — (87,298) (700) At December 31, 2023 1,068,839 96,379 1,233 19,053 12,750 — 1,198,254 230,081 At January 1, 2024 1,068,839 96,379 1,233 19,053 12,750 — 1,198,254 230,081 Charge for the period (d) 70,962 33,811 111 1,499 1,254 — 107,637 46,095 Impairment (e) 3,835 — — 31 4 — 3,870 1,216 Disposals (c) (6,618) (10) — (104) (298) — (7,030) (16,951) Effects of movement in exchange rates (257,221) (21,934) (429) (3,255) (2,737) — (285,576) (30,828) At June 30, 2024 879,797 108,246 915 17,224 10,973 — 1,017,155 229,613 Net book value At December 31, 2023 1,125,062 352,410 38,047 5,346 6,632 212,738 1,740,235 886,909 At June 30, 2024 960,576 295,823 25,794 4,136 4,069 132,623 1,423,021 795,000 (a) Includes net movements in assets relating to the decommissioning and site restoration provision. (b) Includes subsequent asset acquisitions on business combination transactions. (c) 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. (d) The charge for the period does not agree to the charge in the condensed consolidated statement of loss and other comprehensive (loss)/income due to the indirect taxes benefit of $0.7 million in IHS Brasil Cessão de Infraestruturas S.A. claimed through depreciation over the useful life of the asset. (e) The impairment in the year ended December 31, 2023, includes $71.0 million from power equipment assets in the SSA segment being classified as assets held for sale and remeasured at fair value less costs to sell. In May 2024, the sale of these assets was concluded and an additional impairment of $2.6 million was recognized due to certain warranty claims received. Assets were not depreciated while they were classified as held for sale. The impairment losses have been recognized in cost of sales in the condensed consolidated statement of loss and other comprehensive (loss)/income. On April 30, 2024, we completed the sale of our subsidiary in Peru, IHS Peru S.A.C. These assets were included in assets held for sale at December 31, 2023.

Goodwill and other intangible_2

Goodwill and other intangible assets (Tables)	6 Months Ended
Goodwill and other intangible assets (Tables)	Jun. 30, 2024
Disclosure of intangible assets material to entity [line items]
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, 2023 885,639 1,031,366 175,290 30,588 29,244 2,152,127 Additions during the year — — — 3,007 12,110 15,117 Additions through business combinations (note 26) (a) — 2,224 766 — — 2,990 Disposals — (16,219) (1,758) (117) (14,928) (33,022) Effects of movement in exchange rates (134,613) (119,291) (13,619) (45) (4,670) (272,238) Reclassified to assets held for sale — — — — (271) (271) At December 31, 2023 751,026 898,080 160,679 33,433 21,485 1,864,703 At January 1, 2024 751,026 898,080 160,679 33,433 21,485 1,864,703 Additions during the period — — — — 3,833 3,833 Disposals — — — — (5,403) (5,403) Effects of movement in exchange rates (115,621) (123,322) (13,354) (1,785) (1,146) (255,228) At June 30, 2024 635,405 774,758 147,325 31,648 18,769 1,607,905 Accumulated amortization and impairment At January 1, 2023 122,251 159,402 27,576 9,076 21,331 339,636 Charge for the year — 34,044 7,217 6,288 2,834 50,383 Disposals — (16,219) (1,758) (117) (13,328) (31,422) Effects of movement in exchange rates 9,477 (43,850) (7,335) 351 (4,827) (46,184) Reclassified to assets held for sale — — — — (38) (38) At December 31, 2023 131,728 133,377 25,700 15,598 5,972 312,375 At January 1, 2024 131,728 133,377 25,700 15,598 5,972 312,375 Charge for the period — 14,426 3,084 1,982 2,238 21,730 Disposals — — — — (5,402) (5,402) Impairment charge for the year 87,894 — — 886 — 88,780 Effects of movement in exchange rates (26,759) (25,894) (4,261) (673) 824 (56,763) At June 30, 2024 192,863 121,909 24,523 17,793 3,632 360,720 Net book value At December 31, 2023 619,298 764,703 134,979 17,835 15,513 1,552,328 At June 30, 2024 442,542 652,849 122,802 13,855 15,137 1,247,185 (a) Includes subsequent asset acquisitions on business combination transactions.
IHS Latam Group
Disclosure of intangible assets material to entity [line items]
Schedule of scenarios that would increase the impairment charge recognised	1% increase 1% decrease 15% decrease in post tax in terminal in tenancy discount rate growth rate growth $'000 $'000 $'000 IHS Latam Tower businesses 165,663 103,808 110,944

Derivative financial instrume_2

Derivative financial instruments (Tables)	6 Months Ended
Derivative financial instruments (Tables)	Jun. 30, 2024
Derivative financial instruments
Schedule of contractual notional amount for the derivative instruments	June 30, December 31, 2024 2023 $’000 $’000 Derivative instruments Embedded options within listed bonds 1,940,000 1,940,000 Foreign exchange swaps 125,000 125,000 2,065,000 2,065,000
Schedule of fair value of derivative instruments	June 30, December 31, 2024 2023 $’000 $’000 Derivative instruments Embedded options within listed bonds 12,140 1,540 Interest rate caps 402 565 Foreign exchange swaps (12,946) (68,133) (404) (66,028)
Schedule of changes in fair value of derivative instruments	Three months ended Six months ended June 30, June 30, June 30, June 30, 2024 2023 2024 2023 $’000 $’000 $’000 $’000 Derivative instruments Foreign exchange swaps 30,640 (62,439) 5,678 (62,109) Embedded options within listed bonds 3,960 2,310 10,600 750 Interest rate caps 79 564 264 413 34,679 (59,565) 16,542 (60,946)

Trade and other receivables (Ta

Trade and other receivables (Tables)	6 Months Ended
Trade and other receivables (Tables)	Jun. 30, 2024
Trade and other receivables
Trade and other receivables	June 30, December 31, 2024 2023 $’000 $’000 Current Trade receivables 312,850 233,528 Less: impairment provisions (19,312) (21,205) Net trade receivables (a) 293,538 212,323 Other receivables (b) 43,468 317,452 Prepaid land rent 1,142 1,016 Other prepaid expenses 22,673 29,979 Advance payments 27,198 33,364 Withholding tax receivables 1,383 1,362 VAT receivables 10,225 12,339 399,627 607,835 Non ‑ current Accrued income and lease incentive 73,812 71,891 Other tax receivables 4,765 7,116 Payment in advance for property, plant and equipment 35,413 61,874 Contingent consideration receivable (c) 5,562 6,411 119,552 147,292 (a) The fair value is equal to their carrying amount. (b) Included in other receivables are short-term fixed deposits which are not classified as cash and cash equivalents as it exceeds the three-month maturity period. Most of these deposits were withdrawn in the current period and reclassified to cash and cash equivalents. (c) Receivable on the I-Systems Soluções de Infraestrutura S.A. acquisition.

Trade and other payables (Table

Trade and other payables (Tables)	6 Months Ended
Trade and other payables (Tables)	Jun. 30, 2024
Trade and other payables.
Schedule of trade and other payables	June 30, December 31, 2024 2023 $’000 $’000 Current Trade payables 208,454 330,622 Deferred revenue 46,129 41,462 Withholding tax payable 1,469 3,555 Payroll and other related statutory liabilities 26,062 46,282 VAT payables 29,951 37,829 Other payables 74,299 72,877 386,364 532,627 Non ‑ current Other payables 5,351 4,629 5,351 4,629

Borrowings (Tables)

Borrowings (Tables)	6 Months Ended
Borrowings (Tables)	Jun. 30, 2024
Borrowings.
Schedule of external debt classification	June 30, December 31, 2024 2023 $’000 $’000 Non ‑ current Senior Notes 1,933,891 1,930,457 Bank borrowings 1,487,970 1,126,239 3,421,861 3,056,696 Current Senior Notes 26,620 26,912 Bank borrowings 118,293 107,110 Bank overdraft 5,208 675 Letters of credit 7,693 319,454 157,814 454,151 Total borrowings 3,579,675 3,510,847
Schedule of debt by debt instrument	Maturity June 30, December 31, # Currency date Interest rate 2024 2023 $’000 $’000 Senior Notes IHS Holding Limited US Dollar 2026 5.63 % 499,438 498,920 IHS Holding Limited US Dollar 2028 6.25 % 498,936 498,635 IHS Netherlands Holdco B.V. US Dollar 2027 8.00 % 962,137 959,814 Bank borrowings IHS Brasil - Cessão de Infraestruturas S.A. Brazilian Real 2031 3.10 % + CDI 221,155 252,341 IHS Brasil - Cessão de Infraestruturas S.A. (a) Brazilian Real 2032 2.80 % + CDI 52,777 — IHS Côte d’Ivoire S.A. (b) CFA Franc 2028 6.50 % 16,574 — IHS Côte d’Ivoire S.A. (b) Euro 2028 3.50 % + 3M EURIBOR 87,678 — IHS Côte d’Ivoire S.A. CFA Franc 2024 5.00 % — 6,570 IHS Côte d’Ivoire S.A. Euro 2024 3.00 % + 3M EURIBOR — 4,841 IHS Holding Limited (c) US Dollar 2025 3.75 % + CAS + 3M SOFR 432,689 370,935 IHS Holding Limited (d) US Dollar 2026 4.50 % + 3M SOFR 235,446 — IHS Kuwait Limited Kuwait Dinar 2029 2.00 % + CBK Discount Rate 57,687 61,354 IHS Nigeria Limited (e) Nigerian Naira 2026 2.50 % + MPR; Capped at 24% 34,883 — IHS Towers South Africa Proprietary Limited South African Rand 2029 2.75 % + 3M JIBAR 185,439 185,404 IHS Zambia Limited US Dollar 2027 5.00 % + CAS + 3M SOFR 71,678 81,297 INT Towers Limited Nigerian Naira 2028 2.50 % + MPR; Capped at 24% 106,814 186,302 I-Systems Soluções de Infraestrutura S.A. Brazilian Real 2030 2.45 - 2.50% + CDI 73,044 84,305 I-Systems Soluções de Infraestrutura S.A. (f) Brazilian Real 2032 2.10 % + CDI 28,162 — San Gimignano Imoveis e Adminsitracao Ltda. Brazilian Real 2024 3.96 % + CDI 2,237 — Bank overdraft IHS Towers South Africa Proprietary Limited (g) South African Rand 2024 11.50 % 5,208 675 Letters of credit Global Independent Connect Limited US Dollar 2024 15.25 - 15.28% 155 1,095 IHS Nigeria Limited US Dollar 2024 12.00 - 15.55% 2,217 98,918 IHS Towers NG Limited US Dollar 2024 15.49 % — 23 INT Towers Limited US Dollar 2024 12.00 - 15.75% 5,321 219,418 3,579,675 3,510,847

Lease liabilities (Tables)

Lease liabilities (Tables)	6 Months Ended
Lease liabilities (Tables)	Jun. 30, 2024
Lease liabilities.
Schedule of current and non current lease liabilities	June 30, December 31, 2024 2023 $’000 $’000 Non‑current 492,698 510,838 Current 90,060 91,156 Total lease liabilities 582,758 601,994
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, 2024 Lease liabilities 582,758 1,157,192 101,414 192,242 179,172 684,364 At December 31, 2023 Lease liabilities 601,994 1,181,459 101,709 193,434 180,895 705,421

Provisions for other liabilit_2

Provisions for other liabilities and charges (Tables)	6 Months Ended
Provisions for other liabilities and charges (Tables)	Jun. 30, 2024
Provisions for other liabilities and charges
Schedule of decommissioning and site restoration provision	Decommissioning and site restoration provision June 30, December 31, 2024 2023 $’000 $’000 At January 1 86,408 85,016 Decrease in provisions (3,860) (505) Payments for tower and tower equipment decommissioning (25) (343) Unwinding of discount 4,538 9,156 Effects of movement in exchange rates (5,878) (6,916) At end of period/year 81,183 86,408 Analysis of total decommissioning and site restoration provisions: Non‑current 81,011 86,131 Current 172 277 81,183 86,408

Stated capital (Tables)

Stated capital (Tables)	6 Months Ended
Stated capital (Tables)	Jun. 30, 2024
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 $’000 At December 31, 2023 332,519 100,311 99,756 5,324,525 5,295,056 Shares issued on exercise of options 555 166 166 4,227 4,227 At June 30, 2024 333,074 100,477 99,922 5,328,752 5,299,283

Other reserves (Tables)

Other reserves (Tables)	6 Months Ended
Other reserves (Tables)	Jun. 30, 2024
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, 2023 (3) 4,019 98,817 (840,359) (123,745) (861,271) Other comprehensive income 12 — — — 950,843 950,855 Options converted to shares — — (92,896) — — (92,896) Recognition of share‑based payment expense — — 13,168 — — 13,168 Other reclassifications related to share-based payment — — (1,426) — — (1,426) At December 31, 2023 9 4,019 17,663 (840,359) 827,098 8,430 At January 1, 2024 9 4,019 17,663 (840,359) 827,098 8,430 Other comprehensive income (1) — — — 1,064,172 1,064,171 Options converted to shares — — (4,393) — — (4,393) Recognition of share‑based payment expense — — 8,073 — — 8,073 At June 30, 2024 8 4,019 21,343 (840,359) 1,891,270 1,076,281

Non-controlling interest (Table

Non-controlling interest (Tables)	6 Months Ended
Non-controlling interest (Tables)	Jun. 30, 2024
Non-controlling interest.
Schedule of non controlling interests	Six months ended June 30, June 30, 2024 2023 $’000 $’000 Balance at January 1 237,506 227,200 Loss for the period (7,167) (6,360) Other comprehensive income (27,647) 15,608 Balance at June 30 202,692 236,448
Schedule of summarized financial information of subsidiary	I-Systems Soluções de Infraestrutura S.A. Summarized statement of financial position June 30, December 31, 2024 2023 $’000 $’000 Current assets 56,177 83,274 Current liabilities (39,615) (53,797) Current net assets 16,562 29,477 Non-current assets 477,420 527,592 Non-current liabilities (122,845) (114,681) Non-current net assets 354,575 412,911 Net assets 371,137 442,388 Accumulated non-controlling interest at the end of the period/year 181,857 216,770 I-Systems Soluções de Infraestrutura S.A. Summarized statement of comprehensive (loss)/income for the reporting period Six months ended June 30, June 30, 2024 2023 $’000 $’000 Revenue 39,865 34,179 Loss for the period (14,019) (11,283) Other comprehensive (loss)/income (57,231) 31,622 Total comprehensive (loss)/income (71,250) 20,339 Loss allocated to non-controlling interest during the period (6,869) (5,529) I-Systems Soluções de Infraestrutura S.A. Summarized statement of cash flows for the reporting period Six months ended June 30, June 30, 2024 2023 $’000 $’000 Cash flows generated from operating activities 27,292 11,193 Cash flows used in investing activities (39,064) (52,294) Cash flows generated from financing activities 23,618 33,680 Net increase/(decrease) in cash and cash equivalents 11,846 (7,421)

Cash from operations (Tables)

Cash from operations (Tables)	6 Months Ended
Cash from operations (Tables)	Jun. 30, 2024
Cash from operations
Schedule of cash flow from operations	Three months ended Six months ended June 30, June 30, June 30, June 30, 2024 2023 2024 2023 $’000 $’000 $’000 $’000 Reconciliation: Loss before taxation (87,978) (1,213,085) (1,647,292) (1,190,092) Adjustments Depreciation of property, plant and equipment (note 6 and 7) 76,436 103,377 153,002 209,691 Amortization of intangible assets (note 6 and 7) 10,730 13,117 21,730 25,759 Amortization of prepaid site rent 2,387 2,424 4,989 5,129 Impairment of property, plant and equipment, intangible assets excluding goodwill and related prepaid land rent (note 6) 2,914 935 5,974 5,081 Impairment of assets held for sale (note 6) 2,853 — 2,853 — Impairment of goodwill (note 7) — — 87,894 — Impairment of withholding tax receivables (note 7) 2,756 13,349 10,972 24,604 Net (gain)/loss on disposal of property, plant and equipment (note 7) (1,919) 168 (2,292) (566) Share‑based payment expense (note 7) 4,885 3,628 8,066 6,917 (Reversal of loss allowance)/loss allowance on trade receivables (note 8) (2,381) 954 2,179 4,514 Finance income (note 9)* (43,010) (8,373) (24,376) (13,160) Finance costs (note 10)* 279,156 1,369,052 1,812,744 1,546,019 Insurance claim income (30) (133) (40) (278) Operating income before working capital changes* 246,799 285,413 436,403 623,618 Changes in working capital Decrease/(increase) in inventory* 6,049 28,811 (5,395) 36,721 Increase in trade and other receivables (111,876) (49,000) (187,127) (137,079) Increase/(decrease) in trade and other payables* 10,624 (6,127) 699 (12,141) Net movement in working capital* (95,203) (26,316) (191,823) (112,499) Cash from operations* 151,596 259,097 244,580 511,119 *Revised to reflect an adjustment related to the accounting treatment of foreign exchange on goods in transit in Nigeria (see note 28).

Business Combinations (Tables)

Business Combinations (Tables)	6 Months Ended
Business Combinations (Tables)	Jun. 30, 2024
IHS Kuwait acquisition of towers in Kuwait
Business Combinations
Disclosure of detailed information about asset acquisitions	2023 $’000 Gross consideration 6,408 Less: consideration received in exchange for a retained 30% interest (by Zain Kuwait) in IHS GCC KW (1,922) Net cash consideration for 70% controlling interest in the acquired towers 4,486 Identifiable assets acquired and liabilities assumed: Towers and tower equipment 5,576 Customer-related assets 2,224 Network-related assets 766 Trade and other payables (2,158) Total identifiable net assets acquired (at 100% ) 6,408 Goodwill — Non-controlling interest portion of above at 30% 1,922

Effect of the revision on the_2

Effect of the revision on the Condensed Consolidated Financial Statements for the three and six months ended June 30, 2023 (Tables)	6 Months Ended
	Jun. 30, 2024
Effect of the revision on the Condensed Consolidated Financial Statements for the three and six months ended June 30, 2023
Schedule of effect of restatement of financial statements	CONDENSED CONSOLIDATED STATEMENT OF LOSS AND OTHER COMPREHENSIVE (LOSS)/INCOME (UNAUDITED) Three months ended June 30, 2023 Six months ended June 30, 2023 As previously reported Adjustments Revised As previously reported Adjustments Revised $’000 $’000 $’000 $’000 $’000 $’000 Cost of sales (278,093) (19,003) (297,096) (584,781) (19,003) (603,784) Operating income 166,597 (19,003) 147,594 361,770 (19,003) 342,767 Finance costs (1,366,012) (3,040) (1,369,052) (1,542,979) (3,040) (1,546,019) Loss before income tax (1,191,042) (22,043) (1,213,085) (1,168,049) (22,043) (1,190,092) Loss for the period (1,248,283) (22,043) (1,270,326) (1,240,508) (22,043) (1,262,551) Loss attributable to: Owners of the Company (1,244,729) (22,043) (1,266,772) (1,234,148) (22,043) (1,256,191) Loss for the period (1,248,283) (22,043) (1,270,326) (1,240,508) (22,043) (1,262,551) Loss per share - basic (3.73) (0.06) (3.79) (3.71) (0.06) (3.77) Loss per share - diluted (3.73) (0.06) (3.79) (3.71) (0.06) (3.77) Other comprehensive (loss)/income: Exchange differences on translation of foreign operations 580,767 4,490 585,257 624,959 4,490 629,449 Other comprehensive (loss)/income for the period, net of taxes 580,774 4,490 585,264 624,966 4,490 629,456 Total comprehensive loss for the period (667,509) (17,553) (685,062) (615,542) (17,553) (633,095) Total comprehensive loss attributable to: Owners of the Company (674,361) (17,553) (691,914) (624,790) (17,553) (642,343) Total comprehensive loss for the period (667,509) (17,553) (685,062) (615,542) (17,553) (633,095) CONDENSED CONSOLIDATED STATEMENT OF CHANGES IN EQUITY (UNAUDITED) As previously reported Adjustments Revised Accumulated Other Accumulated Other Accumulated Other losses reserves losses reserves losses reserves $’000 $’000 $’000 $’000 $’000 $’000 Balance at January 1, 2023 (3,317,652) (861,271) — — (3,317,652) (861,271) Total transactions with owners of the company 867 (84,240) — — 867 (84,240) Loss for the period (1,234,148) — (22,043) — (1,256,191) — Other comprehensive income — 609,358 — 4,490 — 613,848 Total comprehensive (loss)/income (1,234,148) 609,358 (22,043) 4,490 (1,256,191) 613,848 Balance at June 30, 2023 (4,550,933) (336,153) (22,043) 4,490 (4,572,976) (331,663) CONDENSED CONSOLIDATED STATEMENT OF CASH FLOWS (UNAUDITED) Three months ended June 30, 2023 Six months ended June 30, 2023 As previously reported Adjustments Revised As previously reported Adjustments Revised $’000 $’000 $’000 $’000 $’000 $’000 Cash flows from operating activities Cash from operations 264,132 (5,035) 259,097 516,154 (5,035) 511,119 Net cash generated from operating activities 243,643 (5,035) 238,608 478,933 (5,035) 473,898 Cash flow from investing activities Purchase of property, plant and equipment (163,185) 5,035 (158,150) (268,602) 5,035 (263,567) Net cash used in investing activities (261,904) 5,035 (256,869) (450,153) 5,035 (445,118) Cash flows from financing activities Cash and cash equivalents at end of period 433,048 — 433,048 433,048 — 433,048

Significant accounting polici_3

Significant accounting policies (Details)	6 Months Ended
Significant accounting policies (Details)	Jun. 30, 2024 segment
Significant accounting policies
Number of reportable segments	4

Critical accounting estimates_2

Critical accounting estimates and judgements (Details) - USD ($) $ in Thousands	Jun. 30, 2024	Mar. 31, 2024	Dec. 31, 2023	Jun. 30, 2023		Mar. 31, 2023		Dec. 31, 2022
Critical accounting estimates and assumptions
Cash and cash equivalents	$ 445,713	$ 333,203	$ 293,823	$ 433,048	[1]	$ 515,589	[1]	$ 514,078	[1]

[1] Revised to reflect an adjustment related to the accounting treatment of foreign exchange on goods in transit in Nigeria (see note 28).

Capital risk management - Finan

Capital risk management - Financial instruments that are measured at fair value (Details) - USD ($) $ in Thousands	6 Months Ended
	Jun. 30, 2024	Dec. 31, 2023
Disclosure of nature and extent of risks arising from financial instruments [line items]
Financial instruments at fair value	$ (398)	$ (66,015)
Transfers out of Level 1 into Level 2 of fair value hierarchy, assets held at end of reporting period	0
Transfers out of Level 2 into Level 1 of fair value hierarchy, assets held at end of reporting period	0
Transfers into Level 3 of fair value hierarchy, assets	0
Transfers out of Level 3 of fair value hierarchy, assets	0
Transfers out of Level 1 into Level 2 of fair value hierarchy, liabilities held at end of reporting period	0
Transfers out of Level 2 into Level 1 of fair value hierarchy, liabilities held at end of reporting period	0
Transfers into Level 3 of fair value hierarchy, liabilities	0
Transfers out of Level 3 of fair value hierarchy, liabilities	0
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	6	13
Interest rate caps
Disclosure of nature and extent of risks arising from financial instruments [line items]
Financial instruments at fair value	402	565
Embedded options within listed bonds
Disclosure of nature and extent of risks arising from financial instruments [line items]
Financial instruments at fair value	12,140	1,540
Foreign exchange swaps
Disclosure of nature and extent of risks arising from financial instruments [line items]
Financial instruments at fair value	(12,946)	(68,133)
Level 1
Disclosure of nature and extent of risks arising from financial instruments [line items]
Financial instruments at fair value	6	13
Level 1 \| 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	6	13
Level 2
Disclosure of nature and extent of risks arising from financial instruments [line items]
Financial instruments at fair value	(404)	(66,028)
Level 2 \| Interest rate caps
Disclosure of nature and extent of risks arising from financial instruments [line items]
Financial instruments at fair value	402	565
Level 2 \| Embedded options within listed bonds
Disclosure of nature and extent of risks arising from financial instruments [line items]
Financial instruments at fair value	12,140	1,540
Level 2 \| Foreign exchange swaps
Disclosure of nature and extent of risks arising from financial instruments [line items]
Financial instruments at fair value	$ (12,946)	$ (68,133)

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 - USD ($) $ in Thousands	Jun. 30, 2024	Dec. 31, 2023
Disclosure of nature and extent of risks arising from financial instruments [line items]
Financial liabilities, Carrying value	$ 3,579,675	$ 3,510,847
Fair value	3,453,980	3,224,775
Bank and bond borrowings
Disclosure of nature and extent of risks arising from financial instruments [line items]
Financial liabilities, Carrying value	3,579,675	3,510,847
Fair value	$ 3,453,980	$ 3,224,775

Segment reporting - Summarized

Segment reporting - Summarized financial information (Details) $ in Thousands	3 Months Ended			6 Months Ended
	Jun. 30, 2024 USD ($)	Jun. 30, 2023 USD ($)		Jun. 30, 2024 USD ($) segment	Jun. 30, 2023 USD ($)		Dec. 31, 2023 USD ($)
Geographical information
Number of operating segments \| segment				4
Number of reportable segments \| segment				4
Revenues from external customers	$ 435,377	$ 546,204	[1]	$ 853,121	$ 1,148,732	[1]
Segment Adjusted EBITDA	287,293	323,092		499,731	695,293
Finance costs	(279,156)	(1,369,052)	[1]	(1,812,744)	(1,546,019)	[1]
Depreciation and amortization	(87,166)	(116,494)		(174,732)	(235,450)
Impairment of Goodwill				(87,894)
Impairment of withholding tax receivables	(2,756)	(13,349)		(10,972)	(24,604)
Share-based payment expense	(4,885)	(3,628)		(8,066)	(6,917)
Other costs	(3,907)	(2,673)		(6,392)	(4,848)
Impairment of property, plant and equipment, intangible assets excluding goodwill and related prepaid land rent	(2,883)			(5,943)	(5,081)
Impairment of assets held for sale	(2,853)			(2,853)
Business combination costs	(148)	(27)		(380)	(1,486)
Impairment of other fixed assets	(31)			(31)
Other income		28			58
Insurance claims	30	133		40	278
Net gain (loss) on disposal of property, plant and equipment	1,919	(168)		2,292	566
Finance income	43,010	8,373	[1]	24,376	13,160	[1]
Unallocated corporate expenses	(36,445)	(38,385)		(63,724)	(75,042)
Net (impairment)/reversal of impairment of property, plant and equipment and prepaid land rent		(935)
Loss before income tax	(87,978)	(1,213,085)	[1]	(1,647,292)	(1,190,092)	[1]
Segment assets	4,540,155			4,540,155			$ 5,364,710
Segment liabilities	4,829,768			4,829,768			$ 5,017,356
Internal costs related to reorganization				1,800
Consulting fees relating to corporate structures and operating systems	2,500	1,200		4,500	2,800
Non-recurring consulting fees	1,300	1,000			1,000
Professional costs related to financing					200
Elimination of intersegment amounts
Geographical information
Revenues from external customers				0
Cost of sales
Geographical information
Impairment of property, plant and equipment, intangible assets excluding goodwill and related prepaid land rent	(2,883)	(935)		(5,943)	(5,081)
Impairment of assets held for sale	(2,853)			(2,853)
Nigeria
Geographical information
Revenues from external customers	269,572	364,592		497,306	789,570
Segment Adjusted EBITDA	171,391	219,445		274,260	491,324
Additions of property, plant and equipment, right of use assets and intangible assets: - in the normal course of business	29,302	137,078		50,415	217,165
Segment assets	858,590	1,584,845		858,590	1,584,845
Segment liabilities	339,988	914,230		339,988	914,230
SSA
Geographical information
Revenues from external customers	108,215	123,393		239,530	245,553
Segment Adjusted EBITDA	76,456	62,933		146,108	128,417
Additions of property, plant and equipment, right of use assets and intangible assets: - in the normal course of business	31,195	25,209		38,586	52,980
Segment assets	1,361,444	1,542,837		1,361,444	1,542,837
Segment liabilities	902,002	838,874		902,002	838,874
Latam
Geographical information
Revenues from external customers	46,464	48,344		94,237	93,993
Segment Adjusted EBITDA	33,279	35,330		67,124	66,502
Additions of property, plant and equipment, right of use assets and intangible assets: - in the normal course of business	43,187	56,214		87,443	99,139
Segment assets	1,912,250	2,074,469		1,912,250	2,074,469
Segment liabilities	750,316	633,811		750,316	633,811
MENA
Geographical information
Revenues from external customers	11,126	9,875		22,048	19,616
Segment Adjusted EBITDA	6,167	5,384		12,239	9,050
Additions of property, plant and equipment, right of use assets and intangible assets: - in the normal course of business	1,672	5,485		2,496	8,812
Segment assets	174,604	178,333		174,604	178,333
Segment liabilities	$ 101,732	$ 111,541		$ 101,732	$ 111,541

[1] Revised to reflect an adjustment related to the accounting treatment of foreign exchange on goods in transit in Nigeria (see note 28).

Segment reporting - Major custo

Segment reporting - Major customers (Details) - customer	3 Months Ended		6 Months Ended
Segment reporting - Major customers (Details) - customer	Jun. 30, 2024	Jun. 30, 2023	Jun. 30, 2024	Jun. 30, 2023
Geographical information
Number of major customers			2	2
Customer A
Geographical information
Revenue percentage	61%	61%	60%	59%
Customer B
Geographical information
Revenue percentage	16%	18%	16%	17%

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, 2024	Jun. 30, 2023	Jun. 30, 2024	Jun. 30, 2023
Expense by nature
Impairment of property, plant and equipment, intangible assets excluding goodwill and related prepaid land rent	$ 2,883		$ 5,943	$ 5,081
Impairment of assets held for sale	2,853		2,853
Cost of sales
Expense by nature
Power generation	90,641	$ 98,642	179,461	213,932
Depreciation	73,814	100,319	147,585	203,973
Amortization	9,639	11,709	19,602	22,963
Tower repairs and maintenance	8,923	29,534	24,502	57,398
Site regulatory permits	7,034	10,237	14,599	21,197
Staff costs	5,910	8,355	12,800	18,145
Impairment of property, plant and equipment, intangible assets excluding goodwill and related prepaid land rent	2,883	935	5,943	5,081
Impairment of assets held for sale	2,853		2,853
Travel costs	1,702	2,734	3,377	6,214
Insurance	1,129	1,247	2,320	2,554
Short-term rental	1,037	2,007	3,631	5,590
Professional fees	460	660	862	1,201
Vehicle maintenance and repairs	454	498	892	1,061
Security services	114	11,308	7,953	24,106
Other	117	18,911	34,620	20,369
Total	206,710	297,096	461,000	603,784
Foreign exchange gains (losses)	$ 1,900	$ (16,900)	(30,200)	$ (16,600)
Cost of sales \| BRAZIL
Expense by nature
Indirect tax receivable			$ 700

Administrative expenses (Detail

Administrative expenses (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
Administrative expenses (Details) - USD ($) $ in Thousands	Jun. 30, 2024	Jun. 30, 2023	Jun. 30, 2024	Jun. 30, 2023
Expense by nature
Share-based payment expense	$ 4,885	$ 3,628	$ 8,066	$ 6,917
Impairment of withholding tax receivables	2,756	13,349	10,972	24,604
Business combination costs	148	27	380	1,486
Impairment of other fixed assets	31		31
Impairment of Goodwill			87,894
Net (gain)/loss on disposal of property, plant and equipment	(1,919)	168	(2,292)	(566)
Other	3,907	2,673	$ 6,392	4,848
Cash flow projection period for assessment of withholding tax asset recoverability			5 years
Administrative expense
Expense by nature
Staff costs	35,550	38,725	$ 65,618	76,555
Professional fees	14,544	15,742	27,094	29,403
Facilities, short term rental and upkeep	8,110	10,033	16,540	21,188
Key management compensation	5,828	4,033	9,839	8,240
Share-based payment expense	4,885	3,628	8,066	6,917
Travel costs	3,115	3,534	5,998	6,678
Impairment of withholding tax receivables	2,756	13,349	10,972	24,604
Depreciation	2,622	3,058	5,417	5,718
Amortization	1,091	1,408	2,128	2,796
Operating taxes	220	36	669	116
Business combination costs	148	27	380	1,486
Impairment of other fixed assets	31		31
Impairment of Goodwill			87,894
Net (gain)/loss on disposal of property, plant and equipment	(1,919)	168	(2,292)	(566)
Other	6,782	6,980	12,105	14,868
Total	$ 83,763	$ 100,721	$ 250,459	$ 198,003

Reversal of loss allowance_(l_2

Reversal of loss allowance/(loss allowance) on trade receivables (Details) - USD ($) $ in Thousands	3 Months Ended			6 Months Ended
	Jun. 30, 2024	Jun. 30, 2023		Jun. 30, 2024	Jun. 30, 2023
Reversal of loss Allowance/(loss allowance) on trade receivables
Impairment loss (reversal of impairment loss) on trade receivables, net	$ (2,381)	$ 954	[1]	$ 2,179	$ 4,514	[1]

[1] Revised to reflect an adjustment related to the accounting treatment of foreign exchange on goods in transit in Nigeria (see note 28).

Finance Income (Details)

Finance Income (Details) - USD ($) $ in Thousands	3 Months Ended			6 Months Ended
Finance Income (Details) - USD ($) $ in Thousands	Jun. 30, 2024	Jun. 30, 2023		Jun. 30, 2024	Jun. 30, 2023
Finance income.
Net foreign exchange gain arising from derivative instruments - unrealized	$ 30,640			$ 5,678
Net foreign exchange gain arising from financing - realized	4,461
Fair value gain on embedded options and interest rate caps	4,039	$ 2,874		10,864	$ 1,163
Interest income - bank deposits	3,853	5,079		7,834	11,577
Net foreign exchange gain arising from derivative instruments - realized	17	420			420
Total Finance income	$ 43,010	$ 8,373	[1]	$ 24,376	$ 13,160	[1]

[1] Revised to reflect an adjustment related to the accounting treatment of foreign exchange on goods in transit in Nigeria (see note 28).

Finance Costs (Details)

Finance Costs (Details) - USD ($) $ in Thousands	3 Months Ended			6 Months Ended
Finance Costs (Details) - USD ($) $ in Thousands	Jun. 30, 2024	Jun. 30, 2023		Jun. 30, 2024	Jun. 30, 2023
Finance costs.
Net foreign exchange loss arising from financing - unrealized	$ 169,693	$ 1,126,709		$ 1,543,432	$ 1,153,410
Interest expenses - third party loans	78,632	90,407		171,922	174,991
Interest and finance charges paid/payable for lease liabilities	18,390	16,307		34,108	31,202
Interest expense - withholding tax paid on bond interest	7,146	6,741		7,146	6,741
Fees on loans and financial derivatives	3,056	2,490		7,917	5,933
Unwinding of discount on decommissioning liability	2,239	2,320		4,538	4,581
Net foreign exchange loss arising from financing - realized		61,639		23,327	107,052
Net foreign exchange loss on derivative instruments - realized				20,354
Net foreign exchange loss on derivative instruments - unrealized		62,439			62,109
Finance costs	$ 279,156	$ 1,369,052	[1]	$ 1,812,744	$ 1,546,019	[1]

[1] Revised to reflect an adjustment related to the accounting treatment of foreign exchange on goods in transit in Nigeria (see note 28).

Taxation (Details)

Taxation (Details) - USD ($) $ in Thousands	3 Months Ended			6 Months Ended
Taxation (Details) - USD ($) $ in Thousands	Jun. 30, 2024	Jun. 30, 2023		Jun. 30, 2024	Jun. 30, 2023		Dec. 31, 2023
Disclosure of temporary difference, unused tax losses and unused tax credits [line items]
Current taxes	$ 38,006	$ 27,609		$ 42,636	$ 62,917
Deferred income taxes	(1,670)	29,632		(8,364)	9,542
Total taxes	36,336	$ 57,241	[1]	34,272	$ 72,459	[1]
Deferred tax liabilities	$ 120,984			120,984			$ 137,106
Increase (decrease) in income tax liabilities				(15,100)
Estimated current tax expense from recognition of Pillar Two taxes				8,600
IHS Latam Group
Disclosure of temporary difference, unused tax losses and unused tax credits [line items]
Tax effect of impairment of goodwill				0
Nigeria, Nairas
Disclosure of temporary difference, unused tax losses and unused tax credits [line items]
Increase (decrease) in income tax liabilities through movements in uncertain tax positions due to currency devaluation				$ (11,700)

[1] Revised to reflect an adjustment related to the accounting treatment of foreign exchange on goods in transit in Nigeria (see note 28).

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, 2024	Jun. 30, 2023		Jun. 30, 2024	Jun. 30, 2023
Loss per share
Loss for the period	$ (124,314)	$ (1,270,326)	[1]	$ (1,681,564)	$ (1,262,551)	[1]
Non-controlling interests	(3,245)	(3,554)	[1]	(7,167)	(6,360)	[1]
Loss attributable to IHS common shareholders	$ (121,069)	$ (1,266,772)		$ (1,674,397)	$ (1,256,191)
Basic weighted average shares outstanding	333,065	334,108		332,846	333,053
Potentially dilutive securities	765	1,583		893	2,538
Potentially dilutive weighted average common shares outstanding	333,830	335,691		333,739	335,591
Basic loss per share	$ (0.36)	$ (3.79)	[1]	$ (5.03)	$ (3.77)	[1]
Diluted loss per share	$ (0.36)	$ (3.79)	[1]	$ (5.03)	$ (3.77)	[1]

[1] Revised to reflect an adjustment related to the accounting treatment of foreign exchange on goods in transit in Nigeria (see note 28).

Property, plant and equipment_2

Property, plant and equipment (Details) - USD ($) $ in Thousands	6 Months Ended	12 Months Ended
	Jun. 30, 2024	Dec. 31, 2023
Total (excluding right-of-use assets)
Disclosure of detailed information about property, plant and equipment [line items]
Beginning balance	$ 1,740,235
Ending balance	1,423,021	$ 1,740,235
Total (excluding right-of-use assets) \| Cost
Disclosure of detailed information about property, plant and equipment [line items]
Beginning balance	2,938,489	3,736,078
Additions during the period	94,034	459,093
Additions through business combinations		5,576
Transfer from advance payments	9,765	89,314
Disposals	(7,628)	(161,556)
Effects of movement in exchange rates	(594,484)	(1,078,286)
Reclassified to assets held for sale		(111,730)
Ending balance	2,440,176	2,938,489
Total (excluding right-of-use assets) \| Accumulated depreciation and impairment
Disclosure of detailed information about property, plant and equipment [line items]
Beginning balance	(1,198,254)	(1,660,637)
Charge for the period	107,637	290,570
Impairment	3,870	86,031
Disposals	7,030	158,873
Effects of movement in exchange rates	285,576	592,813
Reclassified to assets held for sale		87,298
Ending balance	(1,017,155)	(1,198,254)
Towers and tower equipment
Disclosure of detailed information about property, plant and equipment [line items]
Beginning balance	1,125,062
Ending balance	960,576	1,125,062
Towers and tower equipment \| Cost
Disclosure of detailed information about property, plant and equipment [line items]
Beginning balance	2,193,901	2,961,567
Additions during the period	21,399	64,165
Additions through business combinations		5,576
Reclassification	54,369	208,363
Transfer from advance payments	8,295	67,978
Disposals	(7,169)	(122,022)
Effects of movement in exchange rates	(430,422)	(880,175)
Reclassified to assets held for sale		(111,551)
Ending balance	1,840,373	2,193,901
Towers and tower equipment \| Accumulated depreciation and impairment
Disclosure of detailed information about property, plant and equipment [line items]
Beginning balance	(1,068,839)	(1,561,326)
Charge for the period	70,962	216,776
Impairment	3,835	85,567
Disposals	6,618	120,503
Effects of movement in exchange rates	257,221	587,037
Reclassified to assets held for sale		87,290
Ending balance	(879,797)	(1,068,839)
Fiber assets
Disclosure of detailed information about property, plant and equipment [line items]
Beginning balance	352,410
Ending balance	295,823	352,410
Fiber assets \| Cost
Disclosure of detailed information about property, plant and equipment [line items]
Beginning balance	448,789	364,182
Additions during the period	5,743	32,293
Reclassification	21,134	81,929
Transfer from advance payments	8,595	2,529
Disposals	(11)	(35,575)
Effects of movement in exchange rates	(80,181)	3,431
Ending balance	404,069	448,789
Fiber assets \| Accumulated depreciation and impairment
Disclosure of detailed information about property, plant and equipment [line items]
Beginning balance	(96,379)	(59,032)
Charge for the period	33,811	65,246
Impairment		464
Disposals	10	34,506
Effects of movement in exchange rates	21,934	(6,143)
Ending balance	(108,246)	(96,379)
Land and buildings
Disclosure of detailed information about property, plant and equipment [line items]
Beginning balance	38,047
Ending balance	25,794	38,047
Land and buildings \| Cost
Disclosure of detailed information about property, plant and equipment [line items]
Beginning balance	39,280	63,586
Additions during the period	1,295	3,017
Reclassification		5,210
Transfer from advance payments	40	2,164
Effects of movement in exchange rates	(13,906)	(34,697)
Ending balance	26,709	39,280
Land and buildings \| Accumulated depreciation and impairment
Disclosure of detailed information about property, plant and equipment [line items]
Beginning balance	(1,233)	(1,833)
Charge for the period	111	358
Effects of movement in exchange rates	429	958
Ending balance	(915)	(1,233)
Furniture and office equipment
Disclosure of detailed information about property, plant and equipment [line items]
Beginning balance	5,346
Ending balance	4,136	5,346
Furniture and office equipment \| Cost
Disclosure of detailed information about property, plant and equipment [line items]
Beginning balance	24,399	32,308
Additions during the period	469	3,775
Reclassification	482	(2,300)
Disposals	(150)	(1,743)
Effects of movement in exchange rates	(3,840)	(7,589)
Reclassified to assets held for sale		(52)
Ending balance	21,360	24,399
Furniture and office equipment \| Accumulated depreciation and impairment
Disclosure of detailed information about property, plant and equipment [line items]
Beginning balance	(19,053)	(21,437)
Charge for the period	1,499	4,173
Impairment	31
Disposals	104	1,723
Effects of movement in exchange rates	3,255	4,826
Reclassified to assets held for sale		8
Ending balance	(17,224)	(19,053)
Motor vehicles
Disclosure of detailed information about property, plant and equipment [line items]
Beginning balance	6,632
Ending balance	4,069	6,632
Motor vehicles \| Cost
Disclosure of detailed information about property, plant and equipment [line items]
Beginning balance	19,382	27,277
Additions during the period	496	4,481
Reclassification		337
Disposals	(298)	(2,216)
Effects of movement in exchange rates	(4,538)	(10,497)
Ending balance	15,042	19,382
Motor vehicles \| Accumulated depreciation and impairment
Disclosure of detailed information about property, plant and equipment [line items]
Beginning balance	(12,750)	(17,009)
Charge for the period	1,254	4,017
Impairment	4
Disposals	298	2,141
Effects of movement in exchange rates	2,737	6,135
Ending balance	(10,973)	(12,750)
Capital work in progress
Disclosure of detailed information about property, plant and equipment [line items]
Beginning balance	212,738
Ending balance	132,623	212,738
Capital work in progress \| Cost
Disclosure of detailed information about property, plant and equipment [line items]
Beginning balance	212,738	287,158
Additions during the period	64,632	351,362
Reclassification	(75,985)	(293,539)
Transfer from advance payments	(7,165)	16,643
Effects of movement in exchange rates	(61,597)	(148,759)
Reclassified to assets held for sale		(127)
Ending balance	132,623	212,738
Right-of-use asset
Disclosure of detailed information about property, plant and equipment [line items]
Beginning balance	886,909
Ending balance	795,000	886,909
Right-of-use asset \| Cost
Disclosure of detailed information about property, plant and equipment [line items]
Beginning balance	1,116,990	1,165,180
Additions during the period	78,333	123,281
Disposals	(35,995)	(52,271)
Effects of movement in exchange rates	(134,715)	(117,853)
Reclassified to assets held for sale		(1,347)
Ending balance	1,024,613	1,116,990
Right-of-use asset \| Accumulated depreciation and impairment
Disclosure of detailed information about property, plant and equipment [line items]
Beginning balance	(230,081)	(200,161)
Charge for the period	46,095	95,895
Impairment	1,216	1,663
Disposals	16,951	23,920
Effects of movement in exchange rates	30,828	43,018
Reclassified to assets held for sale		700
Ending balance	$ (229,613)	$ (230,081)

Property, plant and equipment -

Property, plant and equipment - Additional Information (Details) - USD ($) $ in Thousands	1 Months Ended	3 Months Ended	6 Months Ended	12 Months Ended
	May 31, 2024	Jun. 30, 2024	Jun. 30, 2024	Dec. 31, 2023
Disclosure of detailed information about property, plant and equipment [line items]
Borrowing costs capitalized			$ 0
Additional impairment, assets held for sale		$ (2,853)	(2,853)
Right of use assets		795,000	795,000	$ 886,909
IHS Brasil Cesso de Infraestruturas S.A.
Disclosure of detailed information about property, plant and equipment [line items]
Indirect taxes benefit			700
Towers and tower equipment
Disclosure of detailed information about property, plant and equipment [line items]
Property, plant and equipment		$ 960,576	$ 960,576	1,125,062
Power equipment \| SSA
Disclosure of detailed information about property, plant and equipment [line items]
Impairment on remeasurement to fair value less costs to sell on assets held for sale				$ (71,000)
Additional impairment, assets held for sale	$ (2,600)

Goodwill and other intangible_3

Goodwill and other intangible assets (Details) - USD ($) $ in Thousands	6 Months Ended	12 Months Ended
	Jun. 30, 2024	Dec. 31, 2023
Goodwill and other intangible assets
Beginning balance	$ 1,552,328
Ending balance	1,247,185	$ 1,552,328
Cost
Goodwill and other intangible assets
Beginning balance	1,864,703	2,152,127
Additions during the year	3,833	15,117
Additions through business combinations		2,990
Disposals	(5,403)	(33,022)
Effects of movement in exchange rates	(255,228)	(272,238)
Reclassified to assets held for sale		(271)
Ending balance	1,607,905	1,864,703
Accumulated amortization and impairment
Goodwill and other intangible assets
Beginning balance	(312,375)	(339,636)
Charge for the year	21,730	50,383
Impairment charge for the year	88,780
Disposals	5,402	31,422
Effects of movement in exchange rates	56,763	46,184
Reclassified to assets held for sale		38
Ending balance	(360,720)	(312,375)
Goodwill
Goodwill and other intangible assets
Beginning balance	619,298
Ending balance	442,542	619,298
Goodwill \| Cost
Goodwill and other intangible assets
Beginning balance	751,026	885,639
Effects of movement in exchange rates	(115,621)	(134,613)
Ending balance	635,405	751,026
Goodwill \| Accumulated amortization and impairment
Goodwill and other intangible assets
Beginning balance	(131,728)	(122,251)
Impairment charge for the year	87,894
Effects of movement in exchange rates	26,759	(9,477)
Ending balance	(192,863)	(131,728)
Customerrelated intangible assets
Goodwill and other intangible assets
Beginning balance	764,703
Ending balance	652,849	764,703
Customerrelated intangible assets \| Cost
Goodwill and other intangible assets
Beginning balance	898,080	1,031,366
Additions through business combinations		2,224
Disposals		(16,219)
Effects of movement in exchange rates	(123,322)	(119,291)
Ending balance	774,758	898,080
Customerrelated intangible assets \| Accumulated amortization and impairment
Goodwill and other intangible assets
Beginning balance	(133,377)	(159,402)
Charge for the year	14,426	34,044
Disposals		16,219
Effects of movement in exchange rates	25,894	43,850
Ending balance	(121,909)	(133,377)
Network - related intangible assets
Goodwill and other intangible assets
Beginning balance	134,979
Ending balance	122,802	134,979
Network - related intangible assets \| Cost
Goodwill and other intangible assets
Beginning balance	160,679	175,290
Additions through business combinations		766
Disposals		(1,758)
Effects of movement in exchange rates	(13,354)	(13,619)
Ending balance	147,325	160,679
Network - related intangible assets \| Accumulated amortization and impairment
Goodwill and other intangible assets
Beginning balance	(25,700)	(27,576)
Charge for the year	3,084	7,217
Disposals		1,758
Effects of movement in exchange rates	4,261	7,335
Ending balance	(24,523)	(25,700)
Licenses
Goodwill and other intangible assets
Beginning balance	17,835
Ending balance	13,855	17,835
Licenses \| Cost
Goodwill and other intangible assets
Beginning balance	33,433	30,588
Additions during the year		3,007
Disposals		(117)
Effects of movement in exchange rates	(1,785)	(45)
Ending balance	31,648	33,433
Licenses \| Accumulated amortization and impairment
Goodwill and other intangible assets
Beginning balance	(15,598)	(9,076)
Charge for the year	1,982	6,288
Impairment charge for the year	886
Disposals		117
Effects of movement in exchange rates	673	(351)
Ending balance	(17,793)	(15,598)
Software
Goodwill and other intangible assets
Beginning balance	15,513
Ending balance	15,137	15,513
Software \| Cost
Goodwill and other intangible assets
Beginning balance	21,485	29,244
Additions during the year	3,833	12,110
Disposals	(5,403)	(14,928)
Effects of movement in exchange rates	(1,146)	(4,670)
Reclassified to assets held for sale		(271)
Ending balance	18,769	21,485
Software \| Accumulated amortization and impairment
Goodwill and other intangible assets
Beginning balance	(5,972)	(21,331)
Charge for the year	2,238	2,834
Disposals	5,402	13,328
Effects of movement in exchange rates	(824)	4,827
Reclassified to assets held for sale		38
Ending balance	$ (3,632)	$ (5,972)

Goodwill and other intangible_4

Goodwill and other intangible assets - Impairment and key assumptions (Details) - USD ($) $ in Thousands	6 Months Ended
	Jun. 30, 2024	Dec. 31, 2023
Disclosure of information for impairment loss recognised or reversed for individual asset or cash-generating unit [line items]
Impairment of Goodwill	$ 87,894
Discount rate	10.30%	11%
IHS Latam Group
Disclosure of information for impairment loss recognised or reversed for individual asset or cash-generating unit [line items]
Impairment of Goodwill	$ 87,900

Goodwill and other intangible_5

Goodwill and other intangible assets - Latam tower businesses, scenarios that would result in impairment (Details) - IHS Latam Group $ in Thousands	6 Months Ended
	Jun. 30, 2024 USD ($)
Disclosure of information for cash-generating units [line items]
Percentage of reasonably possible increase in discount rate	1%
Percentage of reasonably possible decrease in terminal growth rate	1%
Percentage of reasonably possible decrease in tenancy growth	15%
Additional impairment with reasonably possible increase in discount rate	$ 165,663
Additional impairment with reasonably possible decrease in terminal growth rate	103,808
Additional impairment with reasonably possible decrease in tenancy growth rate	$ 110,944

Derivative financial instrume_3

Derivative financial instruments - Notional amount (Details) - USD ($) $ in Thousands	Jun. 30, 2024	Dec. 31, 2023
Derivatives
Derivative financial instruments
Derivative instruments, notional amount	$ 2,065,000	$ 2,065,000
Embedded options within listed bonds
Derivative financial instruments
Derivative instruments, notional amount	1,940,000	1,940,000
Foreign exchange swaps
Derivative financial instruments
Derivative instruments, notional amount	$ 125,000	$ 125,000

Derivative financial instrume_4

Derivative financial instruments - Fair value (Details) - USD ($) $ in Thousands	Jun. 30, 2024	Dec. 31, 2023
Derivatives
Derivative financial instruments
Derivative financial instruments at fair value	$ (404)	$ (66,028)
Embedded options within listed bonds
Derivative financial instruments
Derivative financial instruments at fair value	12,140	1,540
Interest rate caps
Derivative financial instruments
Derivative financial instruments at fair value	402	565
Foreign exchange swaps
Derivative financial instruments
Derivative financial instruments at fair value	$ (12,946)	$ (68,133)

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, 2024	Jun. 30, 2023	Jun. 30, 2024	Jun. 30, 2023
Derivative financial instruments
Change in fair value of the derivative instruments	$ 34,679	$ (59,565)	$ 16,542	$ (60,946)
Foreign exchange swaps
Derivative financial instruments
Change in fair value of the derivative instruments	30,640	(62,439)	5,678	(62,109)
Embedded options within listed bonds
Derivative financial instruments
Change in fair value of the derivative instruments	3,960	2,310	10,600	750
Interest rate caps
Derivative financial instruments
Change in fair value of the derivative instruments	$ 79	$ 564	$ 264	$ 413

Trade and other receivables (De

Trade and other receivables (Details) - USD ($) $ in Thousands	6 Months Ended
	Jun. 30, 2024	Dec. 31, 2023
Trade and other current receivables [abstract]
Net trade receivables	$ 293,538	$ 212,323
Other receivables	43,468	317,452
Prepaid land rent	1,142	1,016
Other prepaid expenses	22,673	29,979
Advance payments	27,198	33,364
Withholding tax receivables	1,383	1,362
VAT receivables	10,225	12,339
Trade and other current receivables	399,627	607,835
Trade and other non-current receivables [abstract]
Accrued income and lease incentive	73,812	71,891
Other tax receivables	4,765	7,116
Payment in advance for property, plant and equipment	35,413	61,874
Contingent consideration receivable	5,562	6,411
Trade and other non-current receivables	$ 119,552	147,292
Maximum
Trade and other non-current receivables [abstract]
Non-current receivable due term	20 years
Cost
Trade and other current receivables [abstract]
Net trade receivables	$ 312,850	233,528
Accumulated impairment
Trade and other current receivables [abstract]
Net trade receivables	$ (19,312)	$ (21,205)

Trade and other payables (Detai

Trade and other payables (Details) - USD ($) $ in Thousands	Jun. 30, 2024	Dec. 31, 2023
Current
Trade payables	$ 208,454	$ 330,622
Deferred revenue	46,129	41,462
Withholding tax payable	1,469	3,555
Payroll and other related statutory liabilities	26,062	46,282
VAT payables	29,951	37,829
Other payables	74,299	72,877
Trade and other payables	386,364	532,627
Non-current
Other payables	5,351	4,629
Trade and other payables, non current	$ 5,351	$ 4,629

Borrowings - Debt classificatio

Borrowings - Debt classification (Details) - USD ($) $ in Thousands	Jun. 30, 2024	Dec. 31, 2023
Borrowings
Non Current Borrowings	$ 3,421,861	$ 3,056,696
Current borrowings	157,814	454,151
Borrowings	3,579,675	3,510,847
Senior Notes
Borrowings
Non Current Borrowings	1,933,891	1,930,457
Current borrowings	26,620	26,912
Bank borrowings
Borrowings
Non Current Borrowings	1,487,970	1,126,239
Current borrowings	118,293	107,110
Bank overdraft
Borrowings
Current borrowings	5,208	675
Letters of credit
Borrowings
Current borrowings	$ 7,693	$ 319,454

Borrowings - Debt instrument (D

Borrowings - Debt instrument (Details) - USD ($) $ in Thousands	Jun. 30, 2024	Dec. 31, 2023
Borrowings
Borrowings	$ 3,579,675	$ 3,510,847
IHS Holding limited, Senior Note Maturing 2026
Borrowings
Interest rate	5.63%
Borrowings	$ 499,438	498,920
IHS Holding limited, Senior Note Maturing 2028
Borrowings
Interest rate	6.25%
Borrowings	$ 498,936	498,635
IHS Netherlands Holdco B.V., Senior Note Maturing 2027
Borrowings
Interest rate	8%
Borrowings	$ 962,137	959,814
IHS Brasil Cesso de Infraestruturas S.A., maturing 2031
Borrowings
Borrowings	$ 221,155	252,341
IHS Brasil Cesso de Infraestruturas S.A., maturing 2031 \| CDI
Borrowings
Borrowings, adjustment to interest rate basis	3.10%
IHS Brasil Cesso de Infraestruturas S.A., maturing 2032
Borrowings
Borrowings	$ 52,777
IHS Brasil Cesso de Infraestruturas S.A., maturing 2032 \| CDI
Borrowings
Borrowings, adjustment to interest rate basis	2.80%
IHS Cote d Ivoire S.A., CIV XOF Tranche
Borrowings
Interest rate	6.50%
Borrowings	$ 16,574
IHS Cote d Ivoire S.A., CIV Euro Tranche
Borrowings
Borrowings	$ 87,678
IHS Cote d Ivoire S.A., CIV Euro Tranche \| 3M EURIBOR
Borrowings
Borrowings, adjustment to interest rate basis	3.50%
IHS Cte d'Ivoire Ltd (CFA Franc), maturing 2024
Borrowings
Interest rate	5%
Borrowings		6,570
IHS Cte d'Ivoire Ltd (Euro), maturing 2024
Borrowings
Borrowings		4,841
IHS Cte d'Ivoire Ltd (Euro), maturing 2024 \| 3M EURIBOR
Borrowings
Borrowings, adjustment to interest rate basis	3%
IHS Holding (2022) Term Loan Facility
Borrowings
Borrowings	$ 432,689	370,935
IHS Holding (2022) Term Loan Facility \| CAS + SOFR
Borrowings
Borrowings, adjustment to interest rate basis	3.75%
IHS Holding (2024) Term Facility
Borrowings
Borrowings	$ 235,446
IHS Holding (2024) Term Facility \| 3M SOFR
Borrowings
Borrowings, adjustment to interest rate basis	4.50%
IHS Kuwait Limited, maturing 2029
Borrowings
Borrowings	$ 57,687	61,354
IHS Kuwait Limited, maturing 2029 \| CBK Discount Rate
Borrowings
Borrowings, adjustment to interest rate basis	2%
IHS (Nigeria) Limited, maturing 2026
Borrowings
Borrowings	$ 34,883
IHS (Nigeria) Limited, maturing 2026 \| Maximum
Borrowings
Interest rate	24%
IHS (Nigeria) Limited, maturing 2026 \| MPR
Borrowings
Borrowings, adjustment to interest rate basis	2.50%
IHS Towers South Africa Proprietary Limited, maturing 2029
Borrowings
Borrowings	$ 185,439	185,404
IHS Towers South Africa Proprietary Limited, maturing 2029 \| 3M JIBAR
Borrowings
Borrowings, adjustment to interest rate basis	2.75%
IHS Zambia Limited, maturing 2027
Borrowings
Borrowings	$ 71,678	81,297
IHS Zambia Limited, maturing 2027 \| CAS + SOFR
Borrowings
Borrowings, adjustment to interest rate basis	5%
INT Towers Limited, maturing 2028
Borrowings
Borrowings	$ 106,814	186,302
INT Towers Limited, maturing 2028 \| Maximum
Borrowings
Interest rate	24%
INT Towers Limited, maturing 2028 \| MPR
Borrowings
Borrowings, adjustment to interest rate basis	2.50%
I-Systems Solues de Infraestrutura S.A., maturing 2030
Borrowings
Borrowings	$ 73,044	84,305
I-Systems Solues de Infraestrutura S.A., maturing 2030 \| CDI \| Maximum
Borrowings
Borrowings, adjustment to interest rate basis	2.50%
I-Systems Solues de Infraestrutura S.A., maturing 2030 \| CDI \| Minimum
Borrowings
Borrowings, adjustment to interest rate basis	2.45%
I-Systems Solues de Infraestrutura S.A., maturing 2032
Borrowings
Borrowings	$ 28,162
I-Systems Solues de Infraestrutura S.A., maturing 2032 \| CDI
Borrowings
Borrowings, adjustment to interest rate basis	2.10%
San Gimignano Imoveis e Adminsitracao Limitada, maturing 2024
Borrowings
Borrowings	$ 2,237
San Gimignano Imoveis e Adminsitracao Limitada, maturing 2024 \| CDI
Borrowings
Borrowings, adjustment to interest rate basis	3.96%
IHS Towers South Africa Proprietary Limited bank overdraft
Borrowings
Interest rate	11.50%
Borrowings	$ 5,208	675
Global Independent Connect Limited, letter of credit maturing 2024
Borrowings
Borrowings	$ 155	1,095
Global Independent Connect Limited, letter of credit maturing 2024 \| Maximum
Borrowings
Interest rate	15.28%
Global Independent Connect Limited, letter of credit maturing 2024 \| Minimum
Borrowings
Interest rate	15.25%
IHS Nigeria Limited, letters of credit maturing 2024
Borrowings
Borrowings	$ 2,217	98,918
IHS Nigeria Limited, letters of credit maturing 2024 \| Maximum
Borrowings
Interest rate	15.55%
IHS Nigeria Limited, letters of credit maturing 2024 \| Minimum
Borrowings
Interest rate	12%
IHS Towers NG Limited, letters of credit maturing 2024
Borrowings
Interest rate	15.49%
Borrowings		23
INT Towers Limited, letters of credit maturing 2024
Borrowings
Borrowings	$ 5,321	$ 219,418
INT Towers Limited, letters of credit maturing 2024 \| Maximum
Borrowings
Interest rate	15.75%
INT Towers Limited, letters of credit maturing 2024 \| Minimum
Borrowings
Interest rate	12%
IHS (Nigeria) Limited letter of credit \| Maximum
Borrowings
Interest rate	15.55%
IHS (Nigeria) Limited letter of credit \| Minimum
Borrowings
Interest rate	12%
INT Towers Limited, letter of credit \| Maximum
Borrowings
Interest rate	15.75%
INT Towers Limited, letter of credit \| Minimum
Borrowings
Interest rate	12%

Borrowings - Narratives (Detail

Borrowings - Narratives (Details) $ in Thousands, € in Millions, R$ in Millions, R in Millions, ₦ in Billions, XOF in Billions	1 Months Ended							3 Months Ended			6 Months Ended
	Jun. 30, 2024 USD ($)	Jun. 30, 2024 BRL (R$)	Jun. 30, 2024 EUR (€)	Jun. 30, 2024 XOF	Apr. 30, 2024 USD ($)	Mar. 31, 2024 USD ($)	Oct. 31, 2023 USD ($)	Jun. 30, 2024 USD ($)	Jun. 30, 2023 USD ($)	[1]	Jun. 30, 2024 USD ($)	Jun. 30, 2023 USD ($)	[1]	Jun. 30, 2024 BRL (R$)	Jun. 30, 2024 EUR (€)	Jun. 30, 2024 XOF	Jun. 30, 2024 NGN (₦)	Jun. 30, 2024 ZAR (R)	Mar. 08, 2024 USD ($)	Dec. 31, 2023 USD ($)	Dec. 31, 2023 EUR (€)	Dec. 31, 2023 XOF	Oct. 31, 2023 ZAR (R)	Jan. 31, 2023 USD ($)	Jan. 31, 2023 NGN (₦)	Oct. 31, 2022 USD ($)
Disclosure of detailed information about borrowings [line items]
Proceeds from borrowings, classified as financing activities								$ 231,208	$ 290,083		$ 611,591	$ 658,179
Repayments of borrowings, classified as financing activities								78,146	153,505		406,825	417,850
Borrowings	$ 3,579,675							3,579,675			3,579,675									$ 3,510,847
Interest paid								84,630	$ 76,442		165,964	$ 144,945
Nigeria (2023) Revolving Credit Facility
Disclosure of detailed information about borrowings [line items]
Notional amount																								$ 36,300	₦ 55
Notional amount of borrowings drawn down	33,700							33,700			33,700						₦ 51
Borrowings	$ 34,883							$ 34,883			$ 34,883
Nigeria (2023) Revolving Credit Facility \| Maximum
Disclosure of detailed information about borrowings [line items]
Interest rate	24%							24%			24%			24%	24%	24%	24%	24%
IHS 2024 Brasil Debentures
Disclosure of detailed information about borrowings [line items]
Proceeds from borrowings, classified as financing activities	$ 53,600	R$ 300.0
Borrowings	$ 52,777							$ 52,777			$ 52,777
IHS 2024 Brasil Debentures \| CDI
Disclosure of detailed information about borrowings [line items]
Borrowings, adjustment to interest rate basis	2.80%							2.80%			2.80%			2.80%	2.80%	2.80%	2.80%	2.80%
IHS Cote d Ivoire S.A., CIV Euro Tranche
Disclosure of detailed information about borrowings [line items]
Notional amount																				94,300	€ 88
Proceeds from borrowings, classified as financing activities	$ 34,200		€ 31.9
Notional amount of borrowings drawn down	94,300							$ 94,300			$ 94,300				€ 88
Borrowings	$ 87,678							$ 87,678			$ 87,678
IHS Cote d Ivoire S.A., CIV Euro Tranche \| 3M EURIBOR
Disclosure of detailed information about borrowings [line items]
Borrowings, adjustment to interest rate basis	3.50%							3.50%			3.50%			3.50%	3.50%	3.50%	3.50%	3.50%
IHS Cote d Ivoire S.A., CIV XOF Tranche
Disclosure of detailed information about borrowings [line items]
Notional amount																				18,200		XOF 11.2
Interest rate	6.50%							6.50%			6.50%			6.50%	6.50%	6.50%	6.50%	6.50%
Proceeds from borrowings, classified as financing activities	$ 6,600			XOF 4
Notional amount of borrowings drawn down	18,200							$ 18,200			$ 18,200					XOF 11.2
Borrowings	16,574							16,574			16,574
IHS Kuwait Limited, Bank Borrowings Maturing 2029
Disclosure of detailed information about borrowings [line items]
Borrowings	$ 57,687							$ 57,687			$ 57,687									61,354
IHS Holding limited, Senior Note Maturing 2026
Disclosure of detailed information about borrowings [line items]
Interest rate	5.63%							5.63%			5.63%			5.63%	5.63%	5.63%	5.63%	5.63%
Borrowings	$ 499,438							$ 499,438			$ 499,438									498,920
IHS Holding limited, Senior Note Maturing 2028
Disclosure of detailed information about borrowings [line items]
Interest rate	6.25%							6.25%			6.25%			6.25%	6.25%	6.25%	6.25%	6.25%
Borrowings	$ 498,936							$ 498,936			$ 498,936									498,635
IHS Towers South Africa Proprietary Limited, maturing 2029
Disclosure of detailed information about borrowings [line items]
Borrowings	$ 185,439							$ 185,439			$ 185,439									185,404
IHS Towers South Africa Proprietary Limited, maturing 2029 \| 3M JIBAR
Disclosure of detailed information about borrowings [line items]
Borrowings, adjustment to interest rate basis	2.75%							2.75%			2.75%			2.75%	2.75%	2.75%	2.75%	2.75%
IHS South Africa Overdraft
Disclosure of detailed information about borrowings [line items]
Notional amount							$ 19,200																R 350
Interest rate	11.50%							11.50%			11.50%			11.50%	11.50%	11.50%	11.50%	11.50%
Notional amount of borrowings drawn down	$ 5,100							$ 5,100			$ 5,100							R 93.1
Borrowings	5,208							5,208			5,208									675
IHS Nigeria Letters of Credit
Disclosure of detailed information about borrowings [line items]
Notional amount of borrowings drawn down	$ 2,200							$ 2,200			$ 2,200
IHS Nigeria Letters of Credit \| Minimum
Disclosure of detailed information about borrowings [line items]
Interest rate	12%							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%	15.55%
INT Towers Limited, letter of credit
Disclosure of detailed information about borrowings [line items]
Notional amount of borrowings drawn down	$ 5,300							$ 5,300			$ 5,300
INT Towers Limited, letter of credit \| Minimum
Disclosure of detailed information about borrowings [line items]
Interest rate	12%							12%			12%			12%	12%	12%	12%	12%
INT Towers Limited, letter of credit \| 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%	15.75%
Global Independent Connect Limited, letters of credit
Disclosure of detailed information about borrowings [line items]
Notional amount of borrowings drawn down	$ 200							$ 200			$ 200
Global Independent Connect Limited, letters of credit \| 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%	15.25%
Global Independent Connect Limited, letters of credit \| Maximum
Disclosure of detailed information about borrowings [line items]
Interest rate	15.28%							15.28%			15.28%			15.28%	15.28%	15.28%	15.28%	15.28%
IHS Holding (2022) Term Loan
Disclosure of detailed information about borrowings [line items]
Notional amount																										$ 600,000
Proceeds from borrowings, classified as financing activities					$ 60,000
Notional amount of borrowings drawn down	$ 430,000							$ 430,000			$ 430,000
Increase (decrease) in loan facility						$ (70,000)	$ (100,000)
Borrowings	$ 432,689							$ 432,689			$ 432,689									370,935
IHS Holding (2022) Term Loan \| CAS + SOFR
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%	3.75%
IHS Holding (2024) Term Facility
Disclosure of detailed information about borrowings [line items]
Notional amount																			$ 270,000
Notional amount of borrowings drawn down	$ 270,000							$ 270,000			$ 270,000
Borrowings	235,446							235,446			235,446
I-Systems Solues de Infraestrutura S.A., maturing 2030
Disclosure of detailed information about borrowings [line items]
Borrowings	$ 73,044							$ 73,044			$ 73,044									$ 84,305
I-Systems Solues de Infraestrutura S.A., maturing 2030 \| CDI \| Minimum
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%	2.45%
I-Systems Solues de Infraestrutura S.A., maturing 2030 \| CDI \| Maximum
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%	2.50%
I-Systems 2024 debentures
Disclosure of detailed information about borrowings [line items]
Notional amount	$ 28,600							$ 28,600			$ 28,600			R$ 160.0
Borrowings	$ 28,162							$ 28,162			$ 28,162
I-Systems 2024 debentures \| CDI
Disclosure of detailed information about borrowings [line items]
Borrowings, adjustment to interest rate basis	2.10%							2.10%			2.10%			2.10%	2.10%	2.10%	2.10%	2.10%

[1] Revised to reflect an adjustment related to the accounting treatment of foreign exchange on goods in transit in Nigeria (see note 28).

Lease liabilities - Components

Lease liabilities - Components of lease (Details) - USD ($) $ in Thousands	6 Months Ended
	Jun. 30, 2024	Dec. 31, 2023
Lease liabilities.
Non-current	$ 492,698	$ 510,838
Current	90,060	91,156
Total lease liabilities	582,758	$ 601,994
Lease payments	$ 63,200

Lease liabilities - Contractual

Lease liabilities - Contractual maturities (Details) - USD ($) $ in Thousands	6 Months Ended
	Jun. 30, 2024	Dec. 31, 2023
Disclosure of quantitative information about right-of-use assets [line items]
Carrying value	$ 582,758	$ 601,994
Total contractual cash flows	$ 1,157,192	1,181,459
Average remaining lease term	12 years 6 months
Within one year
Disclosure of quantitative information about right-of-use assets [line items]
Total contractual cash flows	$ 101,414	101,709
2-3 years
Disclosure of quantitative information about right-of-use assets [line items]
Total contractual cash flows	192,242	193,434
4-5 years
Disclosure of quantitative information about right-of-use assets [line items]
Total contractual cash flows	179,172	180,895
Over 5 years
Disclosure of quantitative information about right-of-use assets [line items]
Total contractual cash flows	$ 684,364	$ 705,421

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, 2024	Dec. 31, 2023
Disclosure of other provisions [line items]
Non-current	$ 81,011	$ 86,131
Current	172	277
Decommissioning and site restoration provisions
Disclosure of other provisions [line items]
At January 1	86,408	85,016
Decrease in provisions	(3,860)	(505)
Payments for tower and tower equipment decommissioning	(25)	(343)
Unwinding of discount	4,538	9,156
Effects of movement in exchange rates	(5,878)	(6,916)
At end of period/year	81,183	86,408
Non-current	81,011	86,131
Current	$ 172	$ 277

Stated capital (Details)

Stated capital (Details) - USD ($) shares in Thousands, $ in Thousands	6 Months Ended			12 Months Ended
	Jun. 30, 2024	Jun. 30, 2023		Dec. 31, 2023
Stated capital.
Beginning Balance, Number of shares	332,519
Shares issued on exercise of options (in shares)	555
Ending Balance, Number of shares	333,074			332,519
Beginning balance, Equity	$ 347,354	$ 1,360,230		$ 1,360,230
Ending balance, Equity	(289,613)	733,194	[1]	347,354
Stated capital net of issue costs
Stated capital.
Beginning balance, Equity	5,394,812	5,311,953		5,311,953
Shares issued on exercise of options	4,393	89,432
Ending balance, Equity	5,399,205	$ 5,401,385	[1]	5,394,812
Share capital
Stated capital.
Beginning balance, Equity	100,311
Shares issued on exercise of options	166
Ending balance, Equity	100,477			100,311
Share capital net of issue costs
Stated capital.
Beginning balance, Equity	99,756
Shares issued on exercise of options	166
Ending balance, Equity	99,922			99,756
Share premium
Stated capital.
Beginning balance, Equity	5,324,525
Shares issued on exercise of options	4,227
Ending balance, Equity	5,328,752			5,324,525
Share premium net of issue costs
Stated capital.
Beginning balance, Equity	5,295,056
Shares issued on exercise of options	4,227
Ending balance, Equity	$ 5,299,283			$ 5,295,056

[1] Revised to reflect an adjustment related to the accounting treatment of foreign exchange on goods in transit in Nigeria (see note 28).

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, 2024	Jun. 30, 2023		Jun. 30, 2024	Jun. 30, 2023		Dec. 31, 2023
Disclosure of reserves within equity [line items]
Beginning balance, Equity				$ 347,354	$ 1,360,230		$ 1,360,230
Other comprehensive income	$ (6,996)	$ 585,264	[1]	1,036,524	629,456	[1]
Recognition of share-based payment expense				8,073	6,618
Ending balance, Equity	(289,613)	733,194	[2]	(289,613)	733,194	[2]	347,354
Other reserves
Disclosure of reserves within equity [line items]
Beginning balance, Equity				8,430	(861,271)		(861,271)
Other comprehensive income				1,064,171	613,848	[2]	950,855
Options converted to shares				(4,393)	(89,432)		(92,896)
Recognition of share-based payment expense				8,073	6,618		13,168
Other reclassifications related to share-based payment							(1,426)
Ending balance, Equity	1,076,281	$ (331,663)	[2]	1,076,281	(331,663)	[2]	8,430
Fair value through other comprehensive income reserve
Disclosure of reserves within equity [line items]
Beginning balance, Equity				9	(3)		(3)
Other comprehensive income				(1)			12
Ending balance, Equity	8			8			9
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				17,663	98,817		98,817
Options converted to shares				(4,393)			(92,896)
Recognition of share-based payment expense				8,073			13,168
Other reclassifications related to share-based payment							(1,426)
Ending balance, Equity	21,343			21,343			17,663
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				827,098	$ (123,745)		(123,745)
Other comprehensive income				1,064,172			950,843
Ending balance, Equity	$ 1,891,270			$ 1,891,270			$ 827,098

[1] Revised to reflect an adjustment related to the accounting treatment of foreign exchange on goods in transit in Nigeria (see note 28). Revised to reflect an adjustment related to the accounting treatment of foreign exchange on goods in transit in Nigeria (see note 28).

Non-controlling interest (Detai

Non-controlling interest (Details) - USD ($) $ in Thousands	3 Months Ended			6 Months Ended
Non-controlling interest (Details) - USD ($) $ in Thousands	Jun. 30, 2024	Jun. 30, 2023		Jun. 30, 2024	Jun. 30, 2023
Disclosure of subsidiaries [line items]
Balance at January 1				$ 237,506	$ 227,200
Loss for the period	$ (3,245)	$ (3,554)	[1]	(7,167)	(6,360)	[1]
Other comprehensive income				(27,647)	15,608
Balance at September 30	202,692	$ 236,448		202,692	$ 236,448
I-Systems Solues de Infraestrutura S.A.
Disclosure of subsidiaries [line items]
Balance at January 1				216,770
Balance at September 30	$ 181,857			$ 181,857

[1] Revised to reflect an adjustment related to the accounting treatment of foreign exchange on goods in transit in Nigeria (see note 28).

Non-controlling interest - Summ

Non-controlling interest - Summarized financial information (Details) - USD ($) $ in Thousands	3 Months Ended			6 Months Ended			12 Months Ended
	Jun. 30, 2024	Jun. 30, 2023		Jun. 30, 2024	Jun. 30, 2023		Dec. 31, 2023	Dec. 31, 2022
Disclosure of subsidiaries [line items]
Current assets	$ 882,313			$ 882,313			$ 972,607
Current liabilities	(707,863)			(707,863)			(1,221,956)
Noncurrent assets	3,657,842			3,657,842			4,392,103
Non-current liabilities	(4,121,905)			(4,121,905)			(3,795,400)
Accumulated non-controlling interest at the end of the year	202,692	$ 236,448		202,692	$ 236,448		237,506	$ 227,200
Revenue	435,377	546,204	[1]	853,121	1,148,732	[1]
Loss for the period	(124,314)	(1,270,326)	[1]	(1,681,564)	(1,262,551)	[1]
Other comprehensive income/(loss)	(6,996)	585,264	[1]	1,036,524	629,456	[1]
Total comprehensive loss for the period	(131,310)	(685,062)	[1]	(645,040)	(633,095)	[1]
Loss allocated to non-controlling interest during the period	(24,219)	6,852	[1]	(34,814)	9,248	[1]
Cash flows generated from operating activities	134,685	238,608	[2]	210,530	473,898	[2]
Cash flows used in investing activities	(58,427)	(256,869)	[2]	52,037	(445,118)	[2]
Cash flows generated from financing activities	31,698	$ 20,748	[2]	(51,610)	$ 17,146	[2]
I-Systems Solues de Infraestrutura S.A.
Disclosure of subsidiaries [line items]
Accumulated non-controlling interest at the end of the year	181,857			181,857			216,770
Loss allocated to non-controlling interest during the period				(6,869)			(5,529)
I-Systems Solues de Infraestrutura S.A. \| I-Systems Solues de Infraestrutura S.A.
Disclosure of subsidiaries [line items]
Current assets	56,177			56,177			83,274
Current liabilities	(39,615)			(39,615)			(53,797)
Current net assets	16,562			16,562			29,477
Noncurrent assets	477,420			477,420			527,592
Non-current liabilities	(122,845)			(122,845)			(114,681)
Non-current net assets	354,575			354,575			412,911
Net assets	$ 371,137			371,137			442,388
Revenue				39,865			34,179
Loss for the period				(14,019)			(11,283)
Other comprehensive income/(loss)				(57,231)			31,622
Total comprehensive loss for the period				(71,250)			20,339
Cash flows generated from operating activities				27,292			11,193
Cash flows used in investing activities				(39,064)			(52,294)
Cash flows generated from financing activities				23,618			33,680
Net increase/(decrease) in cash and cash equivalents				$ 11,846			$ (7,421)

[1] Revised to reflect an adjustment related to the accounting treatment of foreign exchange on goods in transit in Nigeria (see note 28). Revised to reflect an adjustment related to the accounting treatment of foreign exchange on goods in transit in Nigeria (see note 28).

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, 2024 USD ($) $ / shares	May 31, 2024 Option	Jun. 30, 2024 USD ($)	Jun. 30, 2023 USD ($)	Jun. 30, 2024 USD ($)	Jun. 30, 2023 USD ($)
Disclosure of terms and conditions of share-based payment arrangement [line items]
Expense from share-based payment transactions			$ 4.9	$ 3.6	$ 8.1	$ 6.9
Omnibus share-based payment plans
Disclosure of terms and conditions of share-based payment arrangement [line items]
Options granted \| Option		6,339,851
Fair value of options granted, at grant date	$ 71.4
Expected charge over remaining term of share options issued during the period	26.4		26.4		26.4
Expected dividend, share options granted	0
Dividends planned for the near future	$ 0		$ 0		0
Omnibus share-based payment plans \| Minimum
Disclosure of terms and conditions of share-based payment arrangement [line items]
Share price assumption \| $ / shares	$ 3.39
Assumption of forfeiture rate	6%
Expected volatility, share options granted	35.90%
Omnibus share-based payment plans \| Maximum
Disclosure of terms and conditions of share-based payment arrangement [line items]
Share price assumption \| $ / shares	$ 11.55
Assumption of forfeiture rate	7%
Expected volatility, share options granted	58.31%
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	$ 29.5				$ 29.5
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	29.3
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	$ 12.6

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, 2024	Jun. 30, 2023		Jun. 30, 2024	Jun. 30, 2023
Cash flows from operating activities
Loss before taxation	$ (87,978)	$ (1,213,085)	[1]	$ (1,647,292)	$ (1,190,092)	[1]
Adjustments:
Depreciation of property, plant and equipment	76,436	103,377		153,002	209,691
Amortization of intangible assets	10,730	13,117		21,730	25,759
Amortization of prepaid site rent	2,387	2,424		4,989	5,129
Impairment of property, plant and equipment, intangible assets excluding goodwill and related prepaid land rent	2,914	935		5,974	5,081
Impairment of assets held for sale	2,853			2,853
Impairment of goodwill				87,894
Impairment of withholding tax receivables	2,756	13,349		10,972	24,604
Net (gain)/loss on disposal of property, plant and equipment	(1,919)	168		(2,292)	(566)
Share-based payment expense	4,885	3,628		8,066	6,917
(Reversal of loss allowance)/loss allowance on trade receivables	(2,381)	954		2,179	4,514
Finance income	(43,010)	(8,373)		(24,376)	(13,160)
Finance costs	279,156	1,369,052		1,812,744	1,546,019
Insurance claim income	(30)	(133)		(40)	(278)
Operating income before working capital changes	246,799	285,413		436,403	623,618
Changes in working capital
Decrease/(increase) in inventory	6,049	28,811		(5,395)	36,721
Increase in trade and other receivables	(111,876)	(49,000)		(187,127)	(137,079)
Increase/(decrease) in trade and other payables	10,624	(6,127)		699	(12,141)
Net movement in working capital	(95,203)	(26,316)		(191,823)	(112,499)
Cash from operations	$ 151,596	$ 259,097	[2]	$ 244,580	$ 511,119	[2]

[1] Revised to reflect an adjustment related to the accounting treatment of foreign exchange on goods in transit in Nigeria (see note 28). Revised to reflect an adjustment related to the accounting treatment of foreign exchange on goods in transit in Nigeria (see note 28).

Business Combinations - IHS Kuw

Business Combinations - IHS Kuwait Limited (Details) $ in Thousands	1 Months Ended				6 Months Ended	12 Months Ended
	Aug. 31, 2023 item	Sep. 30, 2022 item	Oct. 31, 2021 item	Apr. 30, 2021 item	Jun. 30, 2024	Dec. 31, 2023 USD ($) item	Dec. 31, 2020 item
Business Combinations
Number of businesses acquired					0
IHS Kuwait acquisition of towers in Kuwait
Business Combinations
Number of stages of asset acquisitions completed during the period						1
Number of Towers Acquired \| item	101	43	126	67		101
Percentage of interest in net assets acquired						70%
Percentage of interest in net assets held by non-controlling interests						30%
Gross consideration						$ 6,408
Less: consideration received in exchange for a retained 30% interest (by Zain Kuwait) in IHS GCC KW						(1,922)
Net consideration for 70% controlling interest in the acquired towers						4,486
Identifiable assets acquired and liabilities assumed:
Total identifiable net assets acquired						6,408
Towers and tower equipment						5,576
Customer related assets						2,224
Network-related assets						766
Trade and other payables						(2,158)
Non-controlling interest portion of above at 30%						$ 1,922
Percentage of net assets acquired (liabilities assumed) as disclosed in the acquisition analysis						100%
IHS Kuwait Limited
Business Combinations
Towers to be acquired \| item							1,620
Number of Towers Acquired \| item							1,162
Remaining towers yet to acquired \| item							121
IHS Kuwait Limited \| IHS GCC KW
Business Combinations
Shares in IHS GCC KW transferred in business combination							30%

Capital commitments and conti_2

Capital commitments and contingent liabilities (Details) - USD ($)	Jun. 30, 2024	Dec. 31, 2023
Disclosure of contingent liabilities in business combination [line items]
Commitments to purchase property, plant and equipment	$ 122,400,000	$ 162,900,000
Legal proceedings provision	0
Litigations and claims
Disclosure of contingent liabilities in business combination [line items]
Contingent liabilities	$ 9,200,000	$ 11,900,000

Effect of the revision on the_3

Effect of the revision on the Condensed Consolidated Financial Statements for the three and six months ended June 30, 2023 - CONDENSED CONSOLIDATED STATEMENT OF LOSS AND OTHER COMPREHENSIVE (LOSS)/INCOME (Details) - USD ($) $ / shares in Units, $ in Thousands	3 Months Ended			6 Months Ended
	Jun. 30, 2024	Jun. 30, 2023		Jun. 30, 2024	Jun. 30, 2023
Cost of sales	$ (206,710)	$ (297,096)	[1]	$ (461,000)	$ (603,784)	[1]
Operating income	148,168	147,594	[1]	141,076	342,767	[1]
Finance costs	(279,156)	(1,369,052)	[1]	(1,812,744)	(1,546,019)	[1]
Profit/(loss) before income tax	(87,978)	(1,213,085)	[1]	(1,647,292)	(1,190,092)	[1]
Loss for the period	(124,314)	(1,270,326)	[1]	(1,681,564)	(1,262,551)	[1]
Loss attributable to:
Owners of the Company	(121,069)	(1,266,772)	[1]	(1,674,397)	(1,256,191)	[1]
Loss for the period	$ (124,314)	$ (1,270,326)	[1]	$ (1,681,564)	$ (1,262,551)	[1]
Loss per share - basic	$ (0.36)	$ (3.79)	[1]	$ (5.03)	$ (3.77)	[1]
Loss per share - diluted	$ (0.36)	$ (3.79)	[1]	$ (5.03)	$ (3.77)	[1]
Other comprehensive (loss)/income:
Exchange differences on translation of foreign operations	$ (6,994)	$ 585,257	[1]	$ 1,036,525	$ 629,449	[1]
Other comprehensive (loss)/income for the period, net of taxes	(6,996)	585,264	[1]	1,036,524	629,456	[1]
Total comprehensive (loss)/income	(131,310)	(685,062)	[1]	(645,040)	(633,095)	[1]
Total comprehensive loss attributable to:
Owners of the Company	(107,091)	(691,914)	[1]	(610,226)	(642,343)	[1]
Total comprehensive (loss)/income	$ (131,310)	(685,062)	[1]	$ (645,040)	(633,095)	[1]
As previously reported
Cost of sales		(278,093)			(584,781)
Operating income		166,597			361,770
Finance costs		(1,366,012)			(1,542,979)
Profit/(loss) before income tax		(1,191,042)			(1,168,049)
Loss for the period		(1,248,283)			(1,240,508)
Loss attributable to:
Owners of the Company		(1,244,729)			(1,234,148)
Loss for the period		$ (1,248,283)			$ (1,240,508)
Loss per share - basic		$ (3.73)			$ (3.71)
Loss per share - diluted		$ (3.73)			$ (3.71)
Other comprehensive (loss)/income:
Exchange differences on translation of foreign operations		$ 580,767			$ 624,959
Other comprehensive (loss)/income for the period, net of taxes		580,774			624,966
Total comprehensive (loss)/income		(667,509)			(615,542)
Total comprehensive loss attributable to:
Owners of the Company		(674,361)			(624,790)
Total comprehensive (loss)/income		(667,509)			(615,542)
Adjustments
Cost of sales		(19,003)			(19,003)
Operating income		(19,003)			(19,003)
Finance costs		(3,040)			(3,040)
Profit/(loss) before income tax		(22,043)			(22,043)
Loss for the period		(22,043)			(22,043)
Loss attributable to:
Owners of the Company		(22,043)			(22,043)
Loss for the period		$ (22,043)			$ (22,043)
Loss per share - basic		$ (0.06)			$ (0.06)
Loss per share - diluted		$ (0.06)			$ (0.06)
Other comprehensive (loss)/income:
Exchange differences on translation of foreign operations		$ 4,490			$ 4,490
Other comprehensive (loss)/income for the period, net of taxes		4,490			4,490
Total comprehensive (loss)/income		(17,553)			(17,553)
Total comprehensive loss attributable to:
Owners of the Company		(17,553)			(17,553)
Total comprehensive (loss)/income		$ (17,553)			$ (17,553)

[1] Revised to reflect an adjustment related to the accounting treatment of foreign exchange on goods in transit in Nigeria (see note 28).

Effect of the revision on the_4

Effect of the revision on the Condensed Consolidated Financial Statements for the three and six months ended June 30, 2023 - CONDENSED CONSOLIDATED STATEMENT OF CHANGES IN EQUITY (UNAUDITED) (Details) - USD ($) $ in Thousands	3 Months Ended			6 Months Ended			12 Months Ended
	Jun. 30, 2024	Jun. 30, 2023		Jun. 30, 2024	Jun. 30, 2023		Dec. 31, 2023
Beginning balance, Equity				$ 347,354	$ 1,360,230		$ 1,360,230
Total transactions with owners of the company				8,073	6,059
Loss for the period	$ (124,314)	$ (1,270,326)	[1]	(1,681,564)	(1,262,551)	[1]
Other comprehensive income/(loss)	(6,996)	585,264	[1]	1,036,524	629,456	[1]
Total comprehensive (loss)/income	(131,310)	(685,062)	[1]	(645,040)	(633,095)	[1]
Ending balance, Equity	(289,613)	733,194	[2]	(289,613)	733,194	[2]	347,354
Accumulated losses
Beginning balance, Equity				(5,293,394)	(3,317,652)		(3,317,652)
Total transactions with owners of the company					867
Loss for the period				(1,674,397)	(1,256,191)	[2]
Total comprehensive (loss)/income				(1,674,397)	(1,256,191)	[2]
Ending balance, Equity	(6,967,791)	(4,572,976)	[2]	(6,967,791)	(4,572,976)	[2]	(5,293,394)
Other reserves
Beginning balance, Equity				8,430	(861,271)		(861,271)
Total transactions with owners of the company				3,680	(84,240)
Other comprehensive income/(loss)				1,064,171	613,848	[2]	950,855
Total comprehensive (loss)/income				1,064,171	613,848	[2]
Ending balance, Equity	$ 1,076,281	(331,663)	[2]	$ 1,076,281	(331,663)	[2]	8,430
As previously reported
Loss for the period		(1,248,283)			(1,240,508)
Other comprehensive income/(loss)		580,774			624,966
Total comprehensive (loss)/income		(667,509)			(615,542)
As previously reported \| Accumulated losses
Beginning balance, Equity					(3,317,652)		(3,317,652)
Total transactions with owners of the company					867
Loss for the period					(1,234,148)
Total comprehensive (loss)/income					(1,234,148)
Ending balance, Equity		(4,550,933)			(4,550,933)
As previously reported \| Other reserves
Beginning balance, Equity					(861,271)		$ (861,271)
Total transactions with owners of the company					(84,240)
Other comprehensive income/(loss)					609,358
Total comprehensive (loss)/income					609,358
Ending balance, Equity		(336,153)			(336,153)
Adjustments
Loss for the period		(22,043)			(22,043)
Other comprehensive income/(loss)		4,490			4,490
Total comprehensive (loss)/income		(17,553)			(17,553)
Adjustments \| Accumulated losses
Loss for the period					(22,043)
Total comprehensive (loss)/income					(22,043)
Ending balance, Equity		(22,043)			(22,043)
Adjustments \| Other reserves
Other comprehensive income/(loss)					4,490
Total comprehensive (loss)/income					4,490
Ending balance, Equity		$ 4,490			$ 4,490

[1] Revised to reflect an adjustment related to the accounting treatment of foreign exchange on goods in transit in Nigeria (see note 28). Revised to reflect an adjustment related to the accounting treatment of foreign exchange on goods in transit in Nigeria (see note 28).

Effect of the revision on the_5

Effect of the revision on the Condensed Consolidated Financial Statements for the three and six months ended June 30, 2023 - CONDENSED CONSOLIDATED STATEMENT OF CASH FLOWS (UNAUDITED) (Details) - USD ($) $ in Thousands	3 Months Ended			6 Months Ended			12 Months Ended
	Jun. 30, 2024	Jun. 30, 2023		Jun. 30, 2024	Jun. 30, 2023		Dec. 31, 2023
Cash flows from operating activities
Cash from operations	$ 151,596	$ 259,097	[1]	$ 244,580	$ 511,119	[1]
Net cash generated from operating activities	134,685	238,608	[1]	210,530	473,898	[1]
Cash flow from investing activities
Purchase of property, plant and equipment	(60,503)	(158,150)	[1]	(121,534)	(263,567)	[1]
Net cash used in investing activities	(58,427)	(256,869)	[1]	52,037	(445,118)	[1]
Cash and cash equivalents at end of period	$ 445,713	433,048	[1]	$ 445,713	433,048	[1]	$ 293,823
As previously reported
Cash flows from operating activities
Cash from operations		264,132			516,154
Net cash generated from operating activities		243,643			478,933
Cash flow from investing activities
Purchase of property, plant and equipment		(163,185)			(268,602)
Net cash used in investing activities		(261,904)			(450,153)
Cash and cash equivalents at end of period		433,048			433,048
Adjustments
Cash flows from operating activities
Cash from operations		(5,035)			(5,035)
Net cash generated from operating activities		(5,035)			(5,035)
Cash flow from investing activities
Purchase of property, plant and equipment		5,035			5,035
Net cash used in investing activities		$ 5,035			$ 5,035

[1] Revised to reflect an adjustment related to the accounting treatment of foreign exchange on goods in transit in Nigeria (see note 28).

Events after the reporting pe_2

Events after the reporting period (Details) R in Millions, $ in Millions	Aug. 07, 2024 item	Jun. 30, 2024 USD ($)	Jun. 30, 2024 ZAR (R)	Oct. 31, 2023 USD ($)	Oct. 31, 2023 ZAR (R)
IHS South Africa Overdraft
Disclosure of non-adjusting events after reporting period [line items]
Notional amount				$ 19.2	R 350
Notional amount of borrowings drawn down		$ 5.1	R 93.1
MTN Nigeria - Renewals and Extensions on Tower Master Lease Agreements
Disclosure of non-adjusting events after reporting period [line items]
Number of existing tenancies extended	13,500
Number of tenancies that were due to expire within 18 months that were extended	1,430
Total number of tenancies that were due to expire within 18 months	2,500