Tag: Airtel Africa
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Airtel Africa appoints Olusegun Ogunsanya as managing director
Airtel Africa announced the appointment of Olusegun “Segun” Ogunsanya as Managing Director and CEO.
Segun Ogunsanya will replace Raghunath Mandava, who will be retiring as Managing...
Airtel Africa’s mobile money receives $100 mn from Mastercard
Mastercard will invest $100 million in Airtel Africa’s mobile money operations valuing the business at $2.65 billion.
Mastercard said it will hold a minority stake...
Airtel Africa sells 1,424 telecom towers to Helios Towers
Airtel Africa, a subsidiary of Bharti Airtel, has agreed to sell 1,424 telecom towers in Madagascar and Malawi to Helios Towers for around $119...
Airtel Africa’s mobile money gets $200 mn funding from TPG
The Rise Fund, the global impact investing platform of alternative investment firm TPG, will invest $200 million in Airtel Mobile Commerce, a subsidiary of...
Airtel Africa achieves growth in revenue, subscribers and ARPU
Airtel Africa said its revenue increased by 13.8 percent to $2.870 billion, while operating profit rose by 21.8 percent to $800 million in the December quarter...
