Airtel Africa has partnered with MoneyGram – an international money transfer company – to allow its 19 million customers to quickly and conveniently receive transfers directly into their mobile wallets. Once Airtel Money customers receive the funds, they can be accessed immediately and used to pay utility bills, goods and services, transferred to other individuals,...
Standard Chartered Bank and Airtel Africa have announced a strategic collaboration to drive financial inclusion across key markets in Africa by providing customers with increased access to mobile financial services. According to a statement released to the media, Airtel Money’s customers will be able to make real-time online deposits and withdrawals from Standard Chartered bank...
Mobile operator Bharti Airtel posted total revenues of INR 239.39 billion for its first quarter ended 30 June 2020, which represents an increase of 15.4 percent year-on-year. The operator ended June with 420 million customers across 16 countries. EBITDA also jumped 25.3 percent year-on-year to INR 106.39 billion, with EBITDA margin at 44.4 percent, up...
Bharti Airtel’s Africa operations reported a 57% on-year drop in net profit to $57 million for the first quarter this fiscal, hurt by the pandemic-led disruptions, making it the third straight quarter of declining bottomline. Bharti Airtel’s Africa operations reported a 57% on-year drop in net profit to $57 million for the first quarter this...
Airtel Africa and Mukuru have partnered to enable Mukuru customers to instantly send cross-border transfers directly to Airtel Money customer wallets in 12 African countries. This partnership will be particularly beneficial for customers making intra-Africa payments from Southern Africa where Mukuru has a leading presence. Customers also benefit from no longer having to physically go...
Airtel Africa and WorldRemit have partnered to expand operations to Rwanda – which means Airtel Money is now available in DRC, Uganda, Zambia, Tanzania, Malawi and Niger. Airtel Money enables mobile money users to send local and international money transfers, make utility payments, pay merchants, save money in their mobile wallets, purchase airtime and access...
A strong set of results which delivered against our IPO aspirations with performance sequentially improving during the year
Airtel Africa and Western Union have launched a remittance service to allow customers to send and receive international money transfers from their phones using the Airtel Africa mobile money wallet in India and Africa. This follows the conclusion of new flagship collaborations with Airtel Payments Bank, which has millions of customers and over 500,000 banking...
Airtel Africa has announced a partnership with Mastercard, giving over 100 million Airtel Africa mobile phone users across 14 African countries access to Mastercard’s global network. The Mastercard virtual (non-plastic) card allows Airtel Money customers, even those without a bank account, to make payments to local and global online merchants that accept Mastercard cards, while...
The Nigerian Stock Exchange (NSE) announces the IPO of Airtel Africa Plc, the African branch of the Indian telecom group Bharti Airtel, on July 9, 2019. This represents a total of 3,758,151,504 shares sold at 363 naira (US $ 0.9896) per share. That is a market capitalization of US $ 3,719,066,728, considered the third largest after...
