Investor Presentaiton
Executive Summary
Macroeconomic
Environment
COVID-19 impact
2020 projected real GDP (3.4%) (1)
IMF approved $3.4BN COVID-19
emergency financing package for
Nigeria (1)
Inflation: 12.3% in March 2020
(vs. 11.3% in March 2019) (2)
NAFEX at 387 (3) | CBN at 361 as
|
of 31 March 2020 (4)
Brent crude at $27 as of 1 May
2020 which is (63%) VPY (5)
Foreign exchange reserves:
$33BN as of 30 April 2020 (vs.
$44BN as of 30 April 2019) (4)
Nigeria Telecom Industry
■ Telecom accounted for 10.6% of
the Nigerian GDP in Q4'19
compared with 9.9% in Q4'18 (6)
Total subscriptions as of Feb'20
were 187.4M which is a 13.8M
increase compared with Feb'19 (6)
GSM data subscribers as of
Feb'20 were 131.6M which is a
16.9M increase compared with
Feb'19 (6)
■ 3G/4G penetration of 40% in
Feb'20, which is +7% compared
with Feb'19 (6)
IHS Highlights
Partnership with UNICEF to co-
finance the distribution of vital
health supplies to support the
fight against COVID-19 in Nigeria
Strong start to the year with
double digit underlying growth
and adjusted EBITDA VPY
Continued portfolio expansion
through increase in tenants and
lease amendments
(1)
Source: International Monetary Fund
(4)
Source: Central Bank of Nigeria
(2)
(3)
Source: Nigeria Bureau of Statistics
Source: FMDQ
(5)
Source: Financial Times
(6)
Source: Nigeria Communications Commission
Q1 2020 Unaudited Results
IHS
Towers of strengthView entire presentation