Airtel Money, the sub-Saharan African mobile money business of Airtel Africa (LSE: AAF; NGX: AIRTELAFRI), began unconditional ...

Airtel Money’s London IPO sells $800m of existing shares at an $8bn to $9bn valuation and raises nothing for the business. Inside the 2021 put option behind it.

The Airtel Money IPO priced at £1.96, a $7 billion value below the $8 billion to $9 billion talk. The discount prices ...

A payments company backed by African political leaders has launched a blockchain-based marketplace for trading local currencies, in a bid to make it easier for companies to repatriate their profits ...

FTSE 100-listed Airtel Africa has announced its mobile payments subsidiary, Airtel Money, is poised to dish up the largest float on the London Stock Exchange (LSE) for five years. Payments company ...

In the early 2000s millions of Africans who never had landlines went straight to mobile phones. In the 2010s just as many passed up bank accounts for mobile-money wallets. These days, more than half ...

On 11 February 2024, the head of Niger’s ruling military junta, General Abdourahmane Tiani, spoke of the possible creation of a common currency with Burkina Faso and Mali. “The currency is a first ...

JOHANNESBURG—Major countries and regional blocs in Africa are throwing their weight behind an ambitious plan to establish a “noncirculating” currency backed by critical minerals, which are crucial to ...

NAIROBI, Jan 31 (Reuters) - Africa's development bank is proposing a new 'gold standard' style currency arrangement backed by critical minerals such as cobalt, copper, lithium, manganese and some of ...

Africa’s largest money manager sees private capital as key to narrowing the continent’s $100 billion annual infrastructure-financing gap, critical to boosting economic growth and lifting millions out ...