London stocks Tuesday dragged lower by the likes of Ocado and Airtel Africa. The FTSE 100 ended the session down 0.09% at 7,567.07, and the FTSE 250 lost 0.05% to 21,787.46. Sterling was meanwhile heading northwards, last trading up 0.15% on the dollar at $1.3556, and strengthening 0.35% against the euro to €1.1872. “For a…
LAGOS: Airtel Africa plc, a leading provider of telecommunications and mobile money services, with a presence in 14 countries across Africa, announces that further to the Company’s appointment of Olusegun “Segun” Ogunsanya, as Managing Director and Chief Executive Officer, Segun has begun his new role as at 1 October 2021 and joined the Board of…
LONDON: Airtel Africa announced the signing of an agreement under which Mastercard, a leading innovator and global technology company in the payments industry, will invest $100m in Airtel Mobile Commerce BV, a wholly owned subsidiary of Airtel Africa plc. AMC BV is currently the holding company for several of Airtel Africa’s mobile money operations and…
LONDON: Airtel Africa announced the signing of agreements to sell its telecommunications tower companies in Madagascar and Malawi to Helios Towers, a leading independent telecommunications infrastructure company in Africa. The Group’s tower portfolios in these two markets together comprise 1,229 towers which form part of the Group’s wireless telecommunications infrastructure network. The aggregate gross consideration…
LAGOS: Airtel Africa plc has formed a strategic partnership with MoneyGram, a global leader in cross-border P2P payments and money transfers, a news release said. Airtel Africa is a leading provider of telecommunications and mobile money services with a presence in 14 countries across Africa. Through this partnership, more than 19 million Airtel Money customers…
LONDON: Airtel Africa, a leading provider of telecommunications and mobile money services, announced a strategic partnership with Standard Chartered Bank, a leading international banking group, to drive financial inclusion across key markets in Africa by providing customers with increased access to mobile financial services. Standard Chartered and Airtel Africa will work together to co-create new,…
Airtel Africa is a provider of telecommunications and mobile money services, with a presence in 14 countries in Africa, primarily in East Africa and Central and West Africa. Airtel Africa offers mobile voice and data services as well as mobile money services both nationally and internationally. Airtel Nigeria is the most profitable unit of Airtel…
LONDON: Airtel Africa plc has announced an agreement between Airtel Networks Limited (Airtel Nigeria), a subsidiary of Airtel Africa, and Intercellular Nigeria Limited, to acquire additional 10 MHz spectrum in the 900 MHZ band in Nigeria for a consideration of $70 million, excluding NCC Fees as per the NCC Spectrum Trading Guidelines. The acquisition of…