Pan African Towers (PAT), a digital infrastructure company based in Nigeria, has collected a strategic investment from Development Partners International (DPI), a premier investment firm focused on Africa, and Verod Capital, an African investment management firm specializing in private equity,.
Established in Nigeria in 2017 to capitalize on the growing demand for wireless communications across Africa, PAT has become a prominent telecommunications and tower infrastructure provider in Nigeria. The company has built a successful business model centered around establishing tailored, long-term contracts with blue-chip customers, including Nigeria’s top mobile network operators and internet service providers.
DPI and Verod are investing in PAT to fuel its continued growth and will work with management to bolster PAT’s position as Nigeria’s largest homegrown digital infrastructure provider. Financial terms of the investment were not disclosed; however, the companies sh
