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Admaius Capital Partners, an Africa-focused private equity investor, has acquired a majority stake in Rwandan towerco TRES infrastructure Limited. The investment will support and enable TRES to expand its tower portfolio in Rwanda to support the country’s goal of achieving 95% geographical coverage over the next few years, coupled with the rollout of 4G densification and emerging 5G deployment. This is expected to improve network affordability and connectivity in both rural and urban areas.
About Admaius and TRES
TRES Infrastructure is the only local towerco in Rwanda and supports the country’s leading MNOs, MTN and Airtel Africa.