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Olusegun Ogunsanya will succeed Raghunath Mandava who will retire from his post and as director on Airtel Africa PLC’s board on 30 September, the company said. Before Airtel Africa, Ogunsanya held senior managerial roles at beverage maker Coca-Cola in Ghana, Nigeria and Kenya NEW DELHI : Bharti Airtel Ltd has appointed Olusegun Ogunsanya as the managing...

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Mastercard will invest US$100-million (R1.5-billion) in Airtel Africa’s mobile money operations, valuing the business at $2.65-billion (R39.2-billion), the London-listed company said on Thursday. Mastercard will hold a minority stake in Airtel Mobile Commerce, in line with Airtel Africa’s plan to monetise the mobile money business by selling up to a 25% stake in the unit, the...

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Airtel Africa plans to be the number one service provider across all fourteen countries it services on the continent. The telecommunications operator made headlines recently after concluding infrastructure acquisition agreements with Helios Towers, as well as Rise Fund investment of US$200-million in Airtel Mobile Commerce BV (AMC BV). Recently Airtel Africa penned an agreement with...

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Helios Towers enters into agreements with Airtel Africa Group companies for the acquisition and rollout of over 2,500 sites Supports the Group’s entrance into four attractive new markets Includes build-to-suit commitment for 315 additional new sites London, 23 March 2021: Helios Towers plc (“Helios Towers”, the “Group”), the independent telecommunications infrastructure company, has signed agreements...

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Airtel Africa has revealed its plans to raise cash by selling a minority stake in Airtel Money – its mobile financial platform. According to Business Daily, this move is part of the company’s strategy to sell some assets. “We are actively pursuing the sale of the remaining owned tower sites that sit across several of our...