Tag: Airtel Africa
Airtel Africa reports 5% dip in profit
Airtel Africa's revenue has been on the rise, but unfortunately, its profit margin faced a 5% decline during the first quarter of this year.
The...
MTN and Airtel’s H1 2022 reports reveal challenges of operating in...
Recently, telco giants, Airtel Africa and MTN Nigeria, released their 2022 first half (H1) financial reports. The financial reports, although stellar by many standards, were impacted...
Airtel Africa coughs up $40 million for new Kenyan spectrum
Airtel Africa, one of the continent’s largest telecommunications groups with a presence in 14 countries, has announces that its Kenya subsidiary, Airtel Kenya, has...
Airtel launches banking services in Nigeria
Airtel Africa has added banking services to its portfolio of Smartcash Payment Service Bank services in Nigeria, building on a domestic remittance-based set-up launched...
Airtel Africa names Nigeria’s Segun Ogunsanya new MD & CEO
MD and CEO of Airtel Nigeria, Olusegun Ogunsanya has been named new MD and CEO of Airtel Africa to replace Raghunath Mandava who is...
Mastercard invests US$100 million in Airtel Money
Mastercard has reportedly invested some $100 million in Airtel Mobile Commerce (AMC) for a minority stake in Airtel Africa’s mobile money business.
The deal is...
Airtel Africa mobile money unit gets $200M boost
Airtel Africa has unveiled plans to sell a stake of its mobile money business to investment company TPG for $200 million, advancing a broader...