Airtel Africa Plc offers a potential upside of 72.0 per cent from its current market price, despite a slight reduction in its target valuation by Lagos-based investment firm, CardinalStone Securities Limited. In its latest equity note, CardinalStone said the telecoms group remains relatively cheaper than peers across the Middle East and Africa at prevailing market prices, even […]
Airtel Africa has raised the cumulative number of shares repurchased under its ongoing $100 million buyback programme to 40.93 million, reinforcing its strategy of returning capital to shareholders while tightening its equity base. The telecoms group disclosed that the shares were bought at a cumulative average price of 152.24 pence per share since the launch […]
Airtel Africa has raised the cumulative number of shares repurchased under its ongoing $100 million buyback programme to 40.93 million, reinforcing its strategy of returning capital to shareholders while tightening its equity base. The telecoms group disclosed that the shares were bought at a cumulative average price of 152.24 pence per share since the launch […]
BY MOTOLANI OSENI Airtel Africa has embarked on a strategic partnership with three internationally acclaimed African artists to promote smarter data usage. Airtel Africa is a prominent telecommunications and mobile money services provider operating in 14 African countries, This collaboration aims to educate customers on optimizing their digital experiences by making the most of their […]
Airtel Africa, a telecommunications provider in 14 countries across sub-Saharan Africa, celebrates its 10-year anniversary in June, the company said in a statement on Monday. The company said in the statement that over the past decade it had supported social transformation across the continent by enabling millions of people to access data services. Court restrains […]
Ecobank has signed an agreement with Jack Ma’s Alipay, months after reaching an agreement with Airtel Africa to offer its subscribers loan. The agreement with Alipay is a cross-border partnership that will link Ecobank’s Rapidtransfer to the 1.2 billion people currently being served by Alipay. Rapidtransfer is Ecobank’s remittance payment system, and together with Alipay, […]
Airtel Africa on Tuesday announced a partnership deal with Ecobank Group to expand its mobile money financial services to more customers in Africa. Airtel operates in at least 14 countries in Africa, while Ecobank has a presence in 33 countries in the continent. In a regulatory announcement filed with the Nigerian Stock Exchange, Airtel Africa […]
Temitope Adebayo The Nigerian equities market of the Nigerian Stock Exchange (NSE) resumed trading week on Monday with a loss of 0.74 per cent, following losses achieved by medium and large equities. Specifically, the All Share Index (ASI) shed 204.68 points or 0.74 per cent to close at 27,574.32 against 27,779.000 achieved on Friday. Similarly, […]