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HomeDaily NewsThursday, September 24, 2026Airtel Money Plans London Stock Exchange Listing - September 2026
Business & Economy3 stories from 1 sources

Airtel Money Plans London Stock Exchange Listing - September 2026

Airtel Money, the digital financial services arm of Airtel Africa, has announced its intention to list on the London Stock Exchange, which will separate the business from its parent company's current structure. Meanwhile, Kenyan banks' assets in the Democratic Republic of Congo have surpassed Sh1 trillion in 2025, marking a significant expansion of their operations in the region. Separately, a Mumias Sugar Company shareholder is challenging the Capital Markets Authority at the Commission on Administrative Justice over its refusal to disclose detailed information regarding the prolonged suspension of the company's shares.

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Thursday 10:03 AMCapital BusinessFirst

Airtel Money eyes London IPO

Airtel Money eyes London IPO

Airtel Money, the digital financial services arm of Airtel Africa, has announced its intention to list on the London Stock Exchange. This move will separate the business from its parent company's current structure.

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Key Highlights

Airtel Money, the digital financial services arm of Airtel Africa, has announced its intention to list on the London Stock Exchange. This move will separate the business from its parent company's current structure.

  • Airtel Money processed $213 billion in value in the 12 months to June 2026, with 53 million monthly active users across 13 African markets.
  • Key figures involved include Airtel Money CEO Ian Ferrao and parent company Airtel Africa, which indirectly owns 77.85 percent of the business.
  • The listing will involve existing shareholders selling their shares and does not aim to raise new capital.
Thursday 12:40 PMCapital Business

Mumias shareholder challenges CMA over access to information

Mumias shareholder challenges CMA over access to information

A Mumias Sugar Company shareholder is challenging the Capital Markets Authority (CMA) at the Commission on Administrative Justice (CAJ) over its refusal to disclose detailed information regarding the prolonged suspension of the company's shares.

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Key Highlights

A Mumias Sugar Company shareholder is challenging the Capital Markets Authority (CMA) at the Commission on Administrative Justice (CAJ) over its refusal to disclose detailed information regarding the prolonged suspension of the company's shares.

  • Shareholder Taiti Hanningtone requested information on 33 issues related to the share suspension.
  • The CMA provided limited information, citing the Capital Markets Act and directing some queries to the company and its receiver-manager.
  • Mumias Sugar Company shares have been suspended from trading since September 2019.
Thursday 4:19 PMCapital Business

Kenyan banks’ assets in DRC cross Sh1tn

Kenyan banks’ assets in DRC cross Sh1tn

Kenyan banks' assets in the Democratic Republic of Congo (DRC) have surpassed Sh1 trillion in 2025, marking a significant expansion of their operations in the region.

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Key Highlights

Kenyan banks' assets in the Democratic Republic of Congo (DRC) have surpassed Sh1 trillion in 2025, marking a significant expansion of their operations in the region.

  • Kenyan banks' assets in the DRC reached Sh1 trillion in 2025, a substantial increase from Sh933.4 billion in 2024.
  • Key players driving this growth include Equity Group and KCB Group, which have expanded their presence through acquisitions.
  • The DRC now accounts for 41 percent of the total assets held by Kenyan banks operating outside Kenya.
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