Airtel Africa continues to capitalize on Africa’s young, growing population and low banking penetration, advancing digital and financial inclusion through strategic network expansion and operational investments. This approach enhances service quality and supports robust growth in data, mobile money, and home broadband segments.
“Our team’s strategic execution has driven strong momentum. With a focus on customer experience and infrastructure development, we are positioned for sustained growth and value creation across our diverse markets.” Commented Sunil Taldar, CEO, Airtel Africa PLC.
Explore Why Airtel Africa Partners for Smoother Payments in Africa
Key Highlights
Customer Growth: Airtel Africa’s customer base expanded by 6.1% to 156.6 million, with data users up by 10.4%, reaching 66 million.
Mobile Money Expansion: Increased mobile money subscribers by 13.4% to 41.5 million, boosting annual transaction value to $128 billion.
Revenue Performance: Achieved 19.9% growth in constant currency, despite a reported 9.7% decline due to currency devaluation impacts, particularly in Nigeria.
Operational Investments: Enhanced customer experience with a 20% increase in data capacity and extensive network investments across markets.
Financial Resilience: Implemented a successful cost-efficiency program, driving an increase in EBITDA margins to 46.4% in Q2 FY25.
Financial Overview
Dividend: Interim dividend of 2.6 cents per share, aligned with progressive dividend policy.
Revenue: $2.37 billion, reflecting a strong performance across mobile and mobile money segments.
EBITDA: $1.09 billion, with an adjusted margin of 45.8%.
EPS: Basic earnings per share improved to 0.8 cents.