Airtel Money’s IPO could raise up to $2 bln: Report
April 29th 2026
Airtel Africa Plc’s planned initial public offering of its mobile money business could raise between $1.5 billion and $2 billion, Bloomberg News reported on Tuesday, citing people familiar with the matter.
The listing could value Airtel Money at up to $10 billion, which would make it one of the largest IPOs on a European exchange in recent years, the report said.
Citigroup is advising on the IPO, and the company may appoint three or four additional banks, the report added.
The London-listed telecoms group said earlier this year that it expects to list Airtel Money, its mobile money services unit, in the first half of calendar year 2026.
Airtel Africa did not immediately respond to a Reuters request for comment.
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