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Home»Science/Tech & Innovation/R&D»Airtel Africa mobile money transactions top $210bn as subscribers hit 52m
Science/Tech & Innovation/R&D

Airtel Africa mobile money transactions top $210bn as subscribers hit 52m

NewsdeskBy NewsdeskJanuary 31, 2026No Comments3 Mins Read
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Airtel Africa Plc says mobile money transactions exceeded 210 billion dollars on an annualized basis for the nine months ended Dec. 31, 2025, highlighting the rapid growth of digital financial services across its markets.

The company disclosed this in its nine-month financial report released on Friday.

Airtel Africa said its mobile money subscriber base grew by 17.3 per cent to 52 million, surpassing the 50-million milestone.

It added that annualized total processed value (TPV) rose by 36 per cent to over 210 billion dollars in the third quarter of 2026.

According to the report, revenue increased by 28.3 per cent in reported currency and 24.6 per cent in constant currency to 4.67 billion dollars.

Data revenue grew by 36.5 per cent, voice revenue increased by 13.5 per cent, while mobile money revenue rose by 29.4 per cent.

The company’s total customer base increased by 10 per cent to 179.4 million, while data customers rose by 14.6 per cent to 81.8 million.

“Smartphone penetration reached 48.1 per cent, while average data usage increased to 8.6 gigabytes per month,” the report said.

Earnings before interest, tax, depreciation and amortisation (EBITDA) rose by 35.9 per cent to 2.28 billion dollars, with margins improving to 48.9 per cent and further increasing to 49.6 per cent in the third quarter of 2026.

Profit after tax (PAT) increased to 586 million dollars from 248 million dollars, supported by higher operating profit and derivative and foreign exchange gains of 99 million dollars.

Basic earnings per share (EPS) rose to 13.1 cents, while capital expenditure increased by 32.2 per cent to 603 million dollars.

Airtel Africa said leverage improved to 1.9 times from 2.4 times, while lease-adjusted leverage declined to 0.7 times, reflecting stronger earnings during the period.

The company said network investment remained a priority, with about 2,500 new sites deployed and its fiber network expanded by approximately 4,000 kilometers, increasing population coverage to 81.7 per cent.

It added that digital initiatives and innovative partnerships were driving increased adoption of services, better integration of mobile money and GSM offerings, higher average revenue per user, and stronger customer engagement.

The report also highlighted the growing adoption of Artificial Intelligence in service delivery.

Commenting on the performance, Airtel Africa Chief Executive Officer, Mr Sunil Taldar, said the results underscored the strength of the company’s strategy.

“These results highlight solid operating and financial performance across the business. Continued investment in connectivity and digital services positions us to capture growth opportunities,” he said.

“Our drive to enhance financial inclusion continues, with mobile money subscribers exceeding 50 million and processed value surpassing 210 billion dollars. We remain on track for the listing of our mobile money business in the first half of 2026,” Taldar added.

Airtel Africa also noted that rising smartphone adoption continued to support higher data usage, while growth in its home broadband business reflected increasing demand for reliable, high-speed connectivity across its markets.

Airtel Africa digital financial services TPV
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