Airtel Africa is considering cutting the size of Airtel Money’s planned London initial public offering after feedback from investors, as the mobile payments business moves closer to a listing that could start as soon as next week. The company is now seeking to raise at least $800 million, below an earlier target of $1.5 billion…
Kampala, Uganda — East Africa’s growing appetite for mobile internet continued to fuel Airtel Africa’s Mobile Services business during the quarter ended June 30, 2026, helping lift mobile services revenue to $607 million, up from $498 million in the same quarter last year. The performance reflects sustained growth in digital adoption across the region, with…
Airtel Africa Plc has recorded a strong start to its 2026/27 financial year, with revenue climbing 31% on the back of rising customer demand for data and mobile money services, the company has announced. For the quarter ended 30 June 2026, the telecommunications and mobile money giant posted revenue of $1.853 billion, up 31.0% from…
The Airtel Africa Foundation (AAF), the philanthropic arm of Airtel Africa plc, has released its inaugural annual report, highlighting its impact across the continent during its first full year of operations. According to the report, the Foundation committed $6.2 million to programmes under its Financial Inclusion, Education, Environmental Sustainability and Digital Inclusion (FEED) strategy, with…
The move is a major component of the telco’s capital allocation policy, the company, which operates in 14 markets across Africa, stated in a statement on Friday. Wireless operator Airtel Africa kicked off a share repurchase programme on Friday, aiming to buy back up to 1 per cent of its issued share capital as part…
A man uses his phone as he passes by a signage of Airtel at the India Mobile Congress 2025 in Delhi, India, on October 11, 2025. (Photo by Kabir Jhangiani/NurPhoto via Getty Images) Nurphoto | Nurphoto | Getty Images India’s second-largest telecom company, Bharti Airtel, is doubling down on its Africa and U.K. bets, joining…
Airtel Africa, has released its financial report for the year ended March 31, 2026, posting a strong performance result in its operations. The telecoms company recorded a strong 24.0 per cent growth in constant currency revenues in FY’26, with reported currency revenues increasing by 29.5 per cent to $6.415 billion, reflecting attractive industry fundamentals and…
Kampala — A new group of 20 Ugandan students has been selected to benefit from the Airtel Africa Tech Fellowship, a Shs 3.85 billion initiative aimed at supporting talented learners from disadvantaged backgrounds who are pursuing studies in science, technology, engineering and mathematics (STEM). The programme, run by the Airtel Africa Foundation, will fully cover…
Graphic: Xsolla Xsolla, a global video game commerce company that helps developers launch, grow, and monetize their games, today announced the expansion of Airtel Mobile Money as a local payment method to include Tanzania and Madagascar. This growth builds on Xsolla’s existing Airtel Mobile Money coverage in Africa, extending secure, mobile-first checkout experiences to more…
Airtel Africa said on Tuesday it has partnered with SpaceX to introduce Starlink’s direct-to-cell satellite technology to all of its 14 markets. The satellite-to-mobile service will begin across Africa in 2026, with data for select applications and text messaging, Airtel Africa said in a statement. Airtel Africa customers with compatible smartphones in regions without terrestrial…
