Fitch Revises Outlook on IHS Holding to Positive; Affirms at 'B+'

Fitch Ratings revised IHS Holding's outlook to Positive from Stable, affirming its IDR at 'B+'. The change reflects expected improvements in cash flow, driven by organic EBITDA growth and reduced capex costs. Strategic disposals and disciplined capital allocation are key factors. IHS's rating is supported by market position and contractual revenues but constrained by Nigerian operations. The company aims to reduce leverage and improve free cash flow through asset sales. Contract renewals and financial flexibility are crucial for future upgrades.