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Airtel Africa cuts debt, lowers costs through share buyback from Citigroup

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Airtel Africa has bought back 8.6 million ordinary shares from Citigroup Global Markets Limited as part of a share buyback plan that began in...

Airtel Africa considers IPO for its mobile money unit – Report

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Africa’s second-largest telecom operator, Airtel Africa, is reportedly considering an initial public offering (IPO) for its mobile money unit. According to a Bloomberg report citing people...

Airtel Africa’s data center project to create over 1000 jobs in...

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Telecommunications service provider, Airtel Africa, has said that its NXTra data center project in Nigeria is poised to provide jobs for over 1000 Nigerians.The...

Airtel Africa has a new CEO

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Airtel Africa has announced Sunil Taldar as the new CEO as Segun Ogunsanya is set to retire from July 1, 2024. Taldar, who joined Airtel...

Leverage emerging tech to bridge digital gap – Airtel CEO to...

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Airtel Africa’s Group CEO, Dr. Segun Ogunsanya has challenged the telecommunications industry in Africa to leverage emerging technologies to enable all people on the...

Airtel Africa, Mastercard partner on Cross-border remittance

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Airtel Africa and Mastercard have announced the launch of a new cross-border remittance service, which will enable Airtel subscribers across 14 African markets to...

Airtel Africa records $151 million loss in Q1 2023

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Airtel Africa has reported a loss after tax in its Q1—April 1 to June 30, 2023 results. The telecom reported a loss after tax of...

Airtel Africa reports 5% dip in profit

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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...

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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

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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...
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