Airtel 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.
Read moreAirtel Africa sees revenue and earnings grow in first half
23rd Oct 2020 08:06
(Sharecast News) - Airtel Africa reported a "resilient" first half on Friday, as its customer base grew 12% to 116.4 million, and revenue on a reported basis improved 10.7% to $1.82bn.
Read moreAirtel Africa Q1 revenue rises as customer base grows
24th Jul 2020 08:08
(Sharecast News) - FTSE 250 telecoms company Airtel Africa posted a rise in first-quarter operating profit and revenue on Friday as its customer base grew despite the impact of the Covid-19 pandemic.
Read moreAirtel Africa profit rises amid growing customer base
13th May 2020 08:20
(Sharecast News) - Telecoms company Airtel Africa posted a jump in full-year profit on Wednesday amid growth in the customer base, with revenue up in all business segments.
Read moreDirector dealings: Airtel Africa board member buys in
25th Mar 2020 15:43
(Sharecast News) - John Joseph Danilovich picked up a large batch of shares in the telecommunications and money services provider Airtel Africa at the start of the year and nearly 10 days before.
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