Airtel Africa Ipo

Airtel Africa profit jumps multifold to $813 mn in FY26; revenue up 29.5%

Bharti Airtel's African arm, Airtel Africa, has posted over two-fold jump in its profit to USD 813 million ( about Rs 7,700 crore) for the fiscal year 2026, mainly driven by tariff adjustments in Nigeria and forex gain, the company said on Friday. Airtel Africa said it plans to list Airtel Money in the second half of 2026. The company, which operates in 14 African countries, had posted a profit after tax (PAT) of USD 328 million in the preceding financial year. "Higher profit after tax in the current period was driven by higher operating profit and derivative and foreign exchange gains of USD 127 million, compared to USD 179 million derivative and foreign exchange losses in the prior period," the company said in a statement. Airtel Money's customer base increased by 21.3 per cent year-on-year to 54.1 million, and transacting customers increased by 74 per cent in FY26. Its annualised total processed value grew by 49 per cent to over USD 215 billion in reported currency in ...

Airtel Africa delays IPO of mobile money unit to second half of 2026

Airtel delayed the proposed IPO to the second half of the year from the first because of the war in Iran

It's a marathon, both sides will benefit: Airtel Africa Foundation chief

Airtel Africa Foundation starts AI fellowship at IIT's first overseas campus

Airtel Africa mulls IPO of its mobile money unit eyes $4 bn in valuation

The firm hasn't decided where to list the unit, though executives are considering bourses in the United Arab Emirates, London and Europe among potential venues, they said

Airtel said to plan Africa unit IPO in $4.6 billion debt cut

India's top wireless operator plans to raise as much as $1.5 billion by listing a quarter of equity in its Africa unit by early 2019