Tag: Airtel Africa

Airtel Nigeria to Build West Africa’s largest data centre to rival MTN
Business

Airtel Africa Foundation to impact 10m lives by 2030

The Airtel Africa Foundation, in collaboration with UNICEF, has unveiled a plan to directly impact over 10 million lives across the continent by 2030 through education, digital inclusion, environmental sustainability, and financial literacy programs. The announcement was made at a press conference in Lagos State, where the foundation was formally launched. Chief Executive Officer of […]

Airtel
Business featured

Airtel Africa’s AI-powered service flags 205m messages in six months

Airtel Africa’s AI-powered spam detection service, Spam Alert, has successfully identified and flagged over 205 million spam SMS messages in just six months across 13 of its 14 active markets. The service, provided free of charge to all Airtel subscribers, automatically detects suspicious SMS messages and prefixes them with “SPAM ALERT” in real-time, eliminating the […]

Airtel Africa begins $100m share buy-back
Business

Airtel Africa, Xtelify partner to unveil advanced AI platform

Airtel Africa has signed a multi-year, multi-million dollar partnership with Xtelify, a subsidiary of Bharti Airtel, to roll out an advanced AI-driven software platform designed to streamline telecom operations and enhance customer experience across its 14 African markets. As part of the agreement, Airtel Africa will implement the Xtelify Data Engine and Xtelify Work platforms, […]

Airtel Africa swings to $661m pre-tax profit in FY2025
featured

Airtel Africa lead gains as NGX Index breaks 110,000 barrier

The Nigerian All-Share Index shattered records on Tuesday, surging 1,721.29 points, or 1.57%, to close at an all-time high of 111,606.22, decisively breaking through the much-anticipated 110,000 threshold. The rally, driven by strong performances from heavyweight stocks like Airtel Africa, propelled the market’s total capitalization to N70.3 trillion, up from N69.2 trillion in the prior […]

Airtel Africa begins $100m share buy-back
Tech

Airtel Africa begins second round of $100m share buy-back program

Airtel Africa Plc has officially started the second tranche of its $100 million share buy-back program. This follows the completion of the first tranche announced on 23rd December 2024. This was disclosed in a statement signed by the Company Secretary, Simon O’Hara, and published on the Nigerian Exchange website on Wednesday. Airtel Africa’s second tranche […]

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Tech

Airtel, Starlink partner to boost internet access in Africa

Airtel Africa on Monday announced the partnership with SpaceX’s Starlink to deliver high-speed satellite internet to millions across the continent, targeting remote and underserved regions. The collaboration, set to roll out in nine countries—Nigeria, Chad, Kenya, Zambia, Malawi, Rwanda, Niger, Madagascar, and the Democratic Republic of Congo—aims to bridge Africa’s digital divide, where nearly 600 […]

Telecommunications

MTN, Airtel sign network sharing agreements in Nigeria, Uganda

MTN Group and Airtel Africa has partnered to share network infrastructure in Uganda and Nigeria. This collaboration, aimed at promoting digital and financial inclusion across Africa, will also ensure compliance with local regulatory and statutory requirements. In a joint statement released on Wednesday, the two companies stated that the partnership aims to strengthen their commitment […]

Airtel Nigeria to Build West Africa’s largest data centre to rival MTN
featured News

Airtel increases data, call tariffs following NCC approval

Alex Omenye Airtel Nigeria has announced an upward revision of its data and voice tariffs, aligning with the Nigerian Communications Commission’srecent approval of a 50% increase. The new pricing structure, implemented just a week after MTN Nigeria introduced a similar adjustment, marks a significant shift in the country’s telecommunications landscape. Under the revised rates, Airtel’s […]

Airtel Nigeria to Build West Africa’s largest data centre to rival MTN
News Telecommunications

Airtel to buy 406,000 more shares from Citigroup Global Markets

Airtel Africa stated on August 7, 2024, that it will be acquiring further shares from Citigroup Global Markets as part of its share repurchase program. According to the company’s shareholders’ approval, 406,000 common shares were purchased at a price of 0.5 USD each on the London Stock Exchange. At a reported volume-weighted average pay price […]

Airtel Africa swings to $661m pre-tax profit in FY2025
News

Airtel Africa faces $4m monthly revenue loss over NIN verification

Telecom giant Airtel Africa has warned it could lose up to $4 million in monthly revenue due to ongoing challenges with verifying customers’ National Identification Numbers in Nigeria. As the deadline of July 31, 2024, approaches, Airtel Africa has yet to verify NINs for approximately 4.9 million of its customers. The Nigerian Communications Commission (NCC) […]