Pan Africa Towers Wins Africa’s Best Infrastructure Company of the Year Award
Pan African Towers has
been awarded as Africa’s Best Infrastructure Company of the Year at the 6th
edition of the African Brand Leadership Merit Award held at Four Points by
Sheraton Hotel in Victoria Island, Lagos. The award which was organised by the
African Brand Congress on Thursday September 30, 2021 saw Pan
African Towers, an indigenous telecommunication infrastructure company win the
award as it was chosen for its brand building efforts and growth in 2021 by the
technical committee of the African Brand Congress.
Speaking after receiving
the award on behalf of Pan African Towers, the Acting Chief Finance Officer,
Ife-Olorun Ajayi thanked the African Brand Congress for deeming Pan African
Towers worthy of Africa’s Best Telecommunication Infrastructure Company of the
“I want to thank the
African Brand Congress on behalf of the Pan African Towers family for
recognising the contribution and growth of the Pan African Towers brand
especially towards revolutionising the African telecommunication infrastructure
industry. Being the recipient of Africa’s
Best Telecommunication Infrastructure Company of the Year Award is a
conspicuous demonstration of our unending vision to provide high quality
telecommunication connectivity all over Africa. We know how essential access to
quality healthcare services, education, banking, insurance and other critical services
are important for the growth and development of every human and society; and so,
to be denied access to these life-enhancing services due to the unavailability
of network connectivity could be threatening to the overall survival of any human,
business or society” he said.
Ajayi stated that “At Pan
African Towers, we are working tirelessly to make sure every area in Africa starting
with Nigeria has the infrastructure that can foster and sustain the livelihood
and wellbeing of people. We have hired the best skillset, management and have a
very supportive board to invest in the growth and development of the society
and the importance of telecommunication services to any society cannot be
disputed”. The Acting CFO also mentioned that Pan African Towers is liaising
with government to foster great policies that will further the growth and
development of the telecom sector in Africa.
In his words, Ajayi said
“We are also liaising with government to institute adequate policies that will
foster the growth and development of telecommunication infrastructure across
Africa. Over the years, we have continually clamoured for the implementation of
the Right of Way, Critical Network Infrastructure regulation and the National
Broadband Plan as these policies and regulations are significant to a thriving
Ajayi revealed that despite
Covid having a huge impact on business, Pan African Towers is on the path to
helping Nigeria achieve its digital economy status hence its huge investments
in infrastructure to help close the telecom infrastructure gap that sits are
over $36 billion. He stated that Pan African Towers is contributing towards
closing this gap while also caring for the environment.
“Covid came with a lot of
economic shocks especially for us in the telecom infrastructure sector. It
slowed down roll-out plans due to travel restrictions and had a significant
impact on business. However, since we knew how critical our services were, we developed
a business continuity plan and a Covid response model which helped us
restrategise on how to serve our customers better and provide network
connectivity to everyone especially those in underserved areas”. Ajayi said.
He continued that “We
were able to sign new deals and make significantly huge investments in
state-of-the-art technology particularly in renewable energy. We brought in
some new partners to help us generate clean renewable energy to power our sites
as we strived to make sure all our sites are up and running 24/7”.
Pan African Towers had earlier
gained a stable Global Credit Ratings (GCR) due to the company’s inherent
business strength, an experienced management team, the substantial imminent
equity injection by a private equity firm and the expectation for a timeous and
successful rollout of an aggressive expansion plan in the short to medium term.
No wonder the African Brand Congress deemed the company worthy of the 2021
Africa’s Best Telecommunication Infrastructure Company of the Year Award.
This award marks the fifth award the company has received in its three years of business operations in Africa as the company had in 2020 received the Telecom Infrastructure Company of the Year Award at the Nigerian Business Leadership Awards organised by Business Day. Pan African Towers also received the Emerging Infrastructure Provider of the Year Award at the 2020 Nigerian Tech Innovation and Telecoms Award (NTITA) organised by the Association of Telecom Companies of Nigeria (ATCON).