In a strategic move, Pan African Towers (PAT), a key Nigerian telecommunications infrastructure provider, has appointed Oladipo Badru as its acting CEO. This change took effect in November 2024. Badru, who previously served as the company’s Chief Financial Officer, takes over the role from Azeez Amida. Amida, after leading the company for two and a half years, resigned to pursue other opportunities.
Adefolarin Ogunsanya, the Chairman of Pan African Towers, expressed his gratitude for Amida’s leadership, stating, “We wish him well in his future endeavours. Badru will work closely with the executive team to ensure continuity, and we are confident in his leadership and commitment to our mission.”
With Badru now at the helm, the company looks to bolster its competitive edge in Nigeria’s telecom tower infrastructure market, an arena currently dominated by heavyweights like IHS Towers, American Tower Corporation (ATC), and Helios Towers.
Pan African Towers currently manages a network of 764 active towers across Nigeria, serving over 1,200 tenants, which include mobile network operators (MNOs) and internet service providers (ISPs) such as 9mobile, ntel, Bitflux, Spectranet, and Smile Communications.
rPan African Towers currently manages a network of 764 active towers across Nigeria, serving over 1,200 tenants, which include mobile network operators (MNOs) and internet service providers (ISPs) such as 9mobile, ntel, Bitflux, Spectranet, and Smile Communications.
In a recent development on November 27, the company secured undisclosed funding from Development Partners International (DPI) and Verod Capital. This investment is set to fuel PAT’s expansion plans, including efforts to address Nigeria’s significant infrastructure gap. The company aims to triple its tower footprint in the near future, with a particular focus on acquisitions and strategic partnerships to support its growth trajectory.
