Airtel Africa Plc is planning to list its mobile money arm, Airtel Money on the London Stock Exchange (LSE), a move that underscores the growth in the mobile money platform.
Airtel Money is expected the join the bourse via an Initial Public Offering (IPO) targeting to raise $1.5 billion to $ 2 billion, as the group looks to strengthen its position in Africa’s digital payments space.
The listing could value the mobile money unit at as much as $10 billion, a valuation that could place it among the largest IPOs on the LSE in recent years.
In the nine months ended December 31, 2025, Airtel Africa’s revenue grew 28.3% in reported currency to $4.7 billion from $3.7 billion in a similar period the previous year. EBITDA rose to $2.28 billion, up 35.9% in reported currency, with margins expanding to 48.9%. Profit after tax surged 136.6% to $586 million from $248 million, supported by strong operating performance and favourable foreign exchange movements.
Airtel Money Subscribers Surpass the 50 Million Mark
During the review period, the fintech unit subscribers crossed the 50 million mark to reach 52 million, representing a 17.3% year-on-year growth. The platform’s annualized total processed value rose by 36%, exceeding $210 billion, underscoring the growing adoption of digital payments across Airtel Africa markets.
The mobile money unit’s revenue grew by 29.4% to $986 million form $731 million in a similar period the previous year, contributing 21.1% to the Group’s total revenue.
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