Airtel Money Eyes 2026 IPO With a $4 Billion Prize on the Table
Airtel Africa is finally putting numbers where its ambitions have always been. The telecom giant has confirmed that its mobile money business, Airtel Money,..
✨ Key Highlights
Airtel Africa is planning an Initial Public Offering (IPO) for its mobile money business, Airtel Money, in the first half of 2026. This move could value the payments arm at over $4 billion.
- Most important fact or figure from the article: Airtel Money boasts 45.8 million customers and moved an annualized $162 billion as of June.
- Key person or organization involved: Airtel Africa, led by Chairman Sunil Mittal, has engaged Citigroup Inc. to steer the listing.
- Notable detail that adds context: The IPO aims to unlock value for Airtel Africa, with Airtel Money identified as a fast-growing segment, significantly contributing to revenue.
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Companies Announce Major Financial and Tech Initiatives in Africa - September 2025
Airtel Africa is planning an Initial Public Offering (IPO) for its mobile money business, Airtel Money, in the first half of 2026, which could value the arm at over $4 billion. In Kenya, Absa Bank has launched a three-month promotion named "Play Your Cards Right" to incentivize debit and credit card usage and boost digital payments. This initiative aims to shift consumer perception of card use beyond just ATM withdrawals. Also in Kenya, the Women Who Build Africa (WWBA) announced its next flagship assembly will be held in Nairobi on February 5–6, 2026. This event is designed to connect high-potential founders, investors, and ecosystem leaders.
