Exhibit 99.4

SUPPLEMENTAL INDENTURE

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SUPPLEMENTAL INDENTURE (this “Supplemental Indenture”), dated as of June 26, 2025, among, inter alios, IHS Mauritius NG Holdco Limited (as permitted successor of IHS Netherlands Holdco B.V.), a private limited liability company incorporated under the laws of Mauritius, having its registered office at C/O CKLB International Management Ltd., 24 Dr Joseph Riviere Street, Felix House, Port Louis, Mauritius (the “Issuer”), IHS Mauritius NG1 Limited (as permitted successor of IHS Netherlands NG1 B.V.), IHS Mauritius NG2 Limited (as permitted successor of IHS Netherlands NG2 B.V.) and IHS INT Mauritius Limited (as permitted successor of Nigeria Tower Interco B.V.) (collectively, the “Relevant Guarantors”), Citibank, N.A., London Branch as trustee (the “Trustee”) and Citibank, N.A., London Branch as Principal Paying Agent and Transfer Agent.

W I T N E S S E T H

WHEREAS, the Issuer has heretofore executed and delivered to the Trustee an indenture (the “Senior Notes Indenture”), dated as of September 18, 2019, as supplemented from time to time, providing for the issuance of 7.125% Senior Notes due 2025 (the “2025 Senior Notes”), which were subsequently redeemed on 30 November 2021, and the 8.000% Senior Notes due 2027 (the “2027 Senior Notes” and, together with the 2025 Senior Notes, the “Senior Notes”);

WHEREAS, as part of an ongoing review of its and its subsidiaries’ corporate structure, the Issuer and the Relevant Guarantors will be redomiciled to Mauritius using a two-step process, whereby the Issuer and the Relevant Guarantors have each redomiciled into Luxembourg February 27, 2025 and then have each redomiciled into Mauritius on May 13, 2025;

WHEREAS, pursuant to Section 5.01 of the Senior Notes Indenture and in connection with the redomiciliation from Luxembourg to Mauritius, the Relevant Guarantors and the Issuer confirm that the Senior Notes Indenture and their Note Guarantees thereunder constitute legal, valid and binding obligations of the Issuer and Relevant Guarantors, enforceable in accordance with their terms (the “Confirmation”); and

WHEREAS, pursuant to Section 9.01 of the Senior Notes Indenture, the Issuer, the Relevant Guarantors, and the Trustee are authorized to execute and deliver this Supplemental Indenture.

NOW, THEREFORE, in consideration of the foregoing and for other good and valuable consideration, the receipt of which is hereby acknowledged, the Issuer, the Relevant Guarantors and the Trustee mutually covenant and agree for the equal and ratable benefit of the Holders of the Senior Notes as follows:

1.CAPITALIZED TERMS. Capitalized terms used herein without definition shall have the meanings assigned to them in the Senior Notes Indenture.

2.CONFIRMATION. Each of the Issuer and each of the Relevant Guarantors assumes all of their respective obligations under the Senior Notes Indenture, and with respect to the Issuer, the Notes, and with respect to the Relevant Guarantors, the Note Guarantees, and each hereby confirms and agrees that the Senior Notes Indenture and the Note Guarantees constitute


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legal, valid, and binding obligations of the Issuer and the applicable Relevant Guarantor enforceable in accordance with their terms.

3.EXECUTION AND DELIVERY.

(a)The execution of this Supplemental Indenture shall constitute due delivery of the Confirmation set forth in this Supplemental Indenture on behalf of the Issuer and Relevant Guarantors.

(b)If an Officer whose signature is on this Supplemental Indenture no longer holds that office at the time the Trustee authenticates the Supplemental Indenture in which the Confirmation is contained, the Confirmation shall be valid nevertheless.

4.NO RECOURSE AGAINST OTHERS. No past, present or future director, officer, employee, incorporator, stockholder or agent of the Issuer or any Relevant Guarantor, as such, shall have any liability for any obligations of the Issuer or any Relevant Guarantor under the Senior Notes, the Senior Notes Indenture, the Confirmation or this Supplemental Indenture or for any claim based on, in respect of, or by reason of, such obligations or their creation. Each Holder by accepting a Senior Note waives and releases all such liability. The waiver and release are part of the consideration for issuance of the Senior Notes.

5.INCORPORATION BY REFERENCE. Section 12.06 of the Senior Notes Indenture is incorporated by reference to this Supplemental Indenture as if more fully set out herein. The Issuer and each of the Relevant Guarantors hereby confirms its appointment of CT Corporation System, 111 Eighth Avenue, New York, New York 10011, United States of America as its authorized agent upon whom process may be served in any such suit, action or proceeding which may be instituted in any federal or state court located in the State of New York, Borough of Manhattan arising out of or based upon the Senior Notes Indenture, the Senior Notes, the purchase agreement dated September 10, 2019 with respect to the Initial Senior Notes or the transactions contemplated hereby or thereby, and any action brought under U.S. federal or state securities laws (the “Authorized Agent”).

6.NEW YORK LAW TO GOVERN. THIS SUPPLEMENTAL INDENTURE AND THE SENIOR NOTES SHALL BE GOVERNED BY AND CONSTRUED IN ACCORDANCE WITH THE LAWS OF THE STATE OF NEW YORK.

7.COUNTERPARTS. The parties may sign any number of copies of this Supplemental Indenture. Each signed copy shall be an original, but all of them together represent the same agreement.

8.EFFECT OF HEADINGS. The Section headings herein are for convenience only and shall not affect the construction hereof.

9.THE TRUSTEE. The Trustee shall not be responsible in any manner whatsoever for or in respect of the validity or sufficiency of this Supplemental Indenture or for or in respect of the recitals contained herein, all of which recitals are made solely by the Relevant Guarantors and the Issuer.


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IN WITNESS WHEREOF, the parties hereto have caused this Supplemental Indenture to be duly executed and attested, all as of the date first above written.

IHS MAURITIUS NG HOLDCO LIMITED

    

By

/s/ Mustafa Tharoo

/s/ Melissa Trovoada-Darko

Name:

Mustafa Tharoo

Names:

Melissa Trovoada-Darko

Title:

Director

Title:

Director


IHS MAURITIUS NG1 LIMITED

    

By

/s/ Mustafa Tharoo

/s/ Melissa Trovoada-Darko

Name:

Mustafa Tharoo

Names:

Melissa Trovoada-Darko

Title:

Director

Title:

Director

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IHS MAURITIUS NG2 LIMITED

    

By

/s/ Mustafa Tharoo

/s/ Melissa Trovoada-Darko

Name:

Mustafa Tharoo

Names:

Melissa Trovoada-Darko

Title:

Director

Title:

Director

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IHS INT MAURITIUS LIMITED

    

By

/s/ Mustafa Tharoo

/s/ Melissa Trovoada-Darko

Name:

Mustafa Tharoo

Names:

Melissa Trovoada-Darko

Title:

Director

Title:

Director

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CITIBANK, N.A., LONDON BRANCH, as Trustee, Principal Paying Agent, Transfer Agent and Registrar

By

/s/ Erika Kolb

Erika Kolb

Vice President

Authorized Signatory

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