Qatar sovereign wealth fund takes minority stake in Airtel Africa
30th Jul 2021 16:08
(Sharecast News) - Qatar's sovereign wealth fund will take a minority stake in Airtel Africa's mobile money unit.
Read moreFriday broker round-up
30th Jul 2021 12:50
(Sharecast News) - Royal Dutch Shell: Berenberg keeps at'buy' but raises target price from 1,570.0p to 1,720.0p.
Read moreAirtel growth continues amid third wave of pandemic in Africa
29th Jul 2021 09:14
(Sharecast News) - Airtel Africa reported revenue growth of 30.7% in its first quarter on Thursday, to $1.11bn (£0.8bn), with constant currency growth coming in at 33.1%.
Read moreAirtel Africa to sell Tanzania tower portfolio for $175m
2nd Jun 2021 07:32
(Sharecast News) - Airtel Africa said on Wednesday that it has agreed the sale of its Tanzania tower portfolio to a joint venture owned by a subsidiary of SBA Communications Corp and Paradigm Infrastructure for around $175m.
Read moreAirtel Africa delivers strong FY revenue and profit growth
12th May 2021 08:30
(Sharecast News) - Telecommunications provider Airtel Africa said on Wednesday that it had delivered continued strong revenue growth and increased profitability in the year ended 31 March.
Read moreAirtel Africa appoints Nigeria boss Ogunsanya as next CEO
29th Apr 2021 09:10
(Sharecast News) - Airtel Africa has appointed Olusegun Ogunsanya, head of its Nigerian business, as the group's next chief executive after Raghu Mandava decided to retire.
Read moreAirtel Africa signs new $500m loan facility
21st Apr 2021 08:42
(Sharecast News) - Telecommunications and mobile money provider Airtel Africa announced the signing of a new $500m (£359.35m) loan facility with a group of relationship banks.
Read moreAirtel Africa tumbles after share placing
14th Apr 2021 07:54
(Sharecast News) - Airtel Africa shares tumbled on Wednesday after an unnamed institutional seller sold a 1.3% stake in the telecommunications company.
Read moreMastercard to invest $100m in Airtel Africa's mobile money business
1st Apr 2021 07:48
(Sharecast News) - Airtel Africa said on Thursday that Mastercard will invest $100m in its mobile money business, Airtel Mobile Commerce.
Read moreTPG fund puts $200m into Airtel Africa money business
18th Mar 2021 08:36
(Sharecast News) - Telecommunications company Airtel Africa announced an agreement with TPG investing platform the Rise Fund on Thursday, which would see the fund invest $200m (£143.27m) in its wholly-owned subsidiary Airtel Mobile Commerce.
Read moreAirtel Africa turns out decent third quarter performance
29th Jan 2021 07:36
(Sharecast News) - Airtel Africa said on Friday that its reported revenue in the first nine months of the financial year was ahead 13.8% at $2.87bn (£2.09bn), with third quarter reported revenue growth at 19.5%.
Read moreAirtel Uganda unit wins 20-year operator licence
18th Dec 2020 07:23
(Sharecast News) - Telecoms and mobile money services company Airtel Africa said Uganda unit had granted a 20-year national telecom operator licence for $74.6m.
Read moreAirtel Africa slumps after share placing
15th Dec 2020 08:27
(Sharecast News) - Airtel Africa tumbled on Tuesday after an institutional investor sold 60 million shares in the telecommunications provider in a placing.
Read moreFTSE 250 movers: Energy and Financials wanted, Meggitt downgraded
11th Nov 2020 15:37
(Sharecast News) - Energy and Financials paced gains on the second-tier index on Wednesday as investors continued to shift towards cyclicals after Pfizer and BioNTech announced two days before a greater than 90% efficacy for the Covid-19 vaccine.
Read moreThursday broker round-up
29th Oct 2020 13:18
(Sharecast News) - Morrison: Barclays upgrades to equal weight and keeps target price at 180p.
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