Airtel Africa Plc
Coverage of Airtel Africa Plc in the Nexus archive.
- Airtel Mobile-Money Unit Chooses London for Listing Location
Airtel Africa Plc has selected London as the primary listing location for its mobile-money business and anticipates beginning trading there in the current year.
- Airtel Africa secures legal authorisation over planned boost of future shareholder returns
Airtel Africa has secured legal authorization to increase future shareholder returns by cancelling its capital redemption reserve to boost distributable reserves. This move aims to enhance the company's ability to deliver rewards to shareholders through adjusted financial reserves.
- Airtel Africa taps more bankers for rare London IPO of mobile money business
Airtel Africa is seeking additional bankers for a London IPO of its mobile money business, which could raise around $1.5bn. The flotation aims to provide a much-needed boost for the UK’s depressed public markets.
- Airtel Eyes $2 Billion London IPO of Mobile Money Unit
Airtel Africa Plc is planning a $2 billion initial public offering (IPO) in London for its mobile money unit. The announcement highlights the company's expansion strategy and financial ambitions.