Pan African Towers, a prominent Nigerian telecommunications infrastructure provider serving clients such as 9mobile and Spectranet, has appointed Oladipo Badru as the acting Chief Executive Officer. Badru assumed his new role in November 2024.
Previously serving as the company’s Chief Financial Officer, Oladipo Badru succeeds Azeez Amida, who resigned after two and a half years as Managing Director and CEO to pursue other opportunities. The company announced this transition in a statement, highlighting the leadership change.
Adefolarin Ogunsanya, Chairman of Pan African Towers, acknowledged Amida’s significant contributions to the company’s growth, stating;
We wish him well in his future endeavors. Badru will work closely with the executive management team to ensure continuity, and we are confident in his leadership and commitment to our mission.
With new leadership in place, Pan African Towers aims to strengthen its position in the competitive telecom tower infrastructure market, which is currently dominated by industry giants such as IHS Towers, American Tower Corporation (ATC), and Helios Towers.
Pan African Towers currently owns 764 active towers across Nigeria, serving more than 1,200 tenants, including mobile network operators (MNOs) and internet service providers (ISPs) like 9mobile, ntel, Bitflux, Spectranet, and Smile Communications.
On November 27, Pan African Towers secured undisclosed funding from Development Partners International (DPI) and Verod Capital to accelerate its growth. This funding will help the company address Nigeria’s infrastructure gap, with plans to triple its tower footprint in the coming years.
Additionally, the company will explore acquisitions and partnerships to further expand its reach and capabilities. With Badru at the helm, Pan African Towers is poised to enhance its service offerings and solidify its market presence, ensuring continued growth and innovation in Nigeria’s telecommunications infrastructure sector.
