A telecommunications company operating in multiple African countries, known for its mobile money service, Airtel Money.
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Airtel Africa reported a profit of $376 million in H1 2025, a substantial increase from $79 million the previous year. The profit surge was attributed to a $90 million foreign exchange gain and growth in data and mobile money services.
Airtel Africa raises investment to $900 million, partners Starlink in digital push
Airtel Africa raised its full-year capital expenditure plans to between $875 million and $900 million. The company reported a 24.5% increase in group revenue to $2.98 billion for the half-year ended September 2025.
Airtel breaks ground on 44MW East Africa’s largest data centre in Nairobi
Airtel Africa has commenced construction of its 44MW hyperscale data centre, Nxtra, in Tatu City, Nairobi. The Tatu City project is set to become the largest single data centre in East Africa, scheduled to go live in Q1 2027.
Airtel Africa’s mobile money processes nearly $200bn as it readies public listing
Airtel Money's annualised transaction value has climbed above $193 billion, a 35.9% increase year-on-year. The customer base for Airtel Money grew by 20% year-on-year, reaching 49.8 million users across 14 countries.
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MTN Nigeria reported a ₦414 billion profit in H1 2025, driven by a stable FX and increased data usage. Treepz, a Nigerian mobility startup, launched operations in Canada with the University of Toronto as its first client.
