Airtel Africa defies devaluations, posts $328M profit in FY ’25
- Airtel Africa reported a profit of $328 million for the full year ended March 31, 2025.
- The company experienced a slight revenue dip of 0.5% to $4.95 billion due to currency devaluations.
- Mobile money customers grew by 17.3% to 44.6 million in FY 2025.
Airtel Africa's strong financial performance amidst challenging currency conditions highlights the resilience of its business model, particularly in mobile money and data services. The planned IPO for Airtel Money could further enhance investor confidence and provide necessary capital for expansion. However, the decline in share price despite positive results raises questions about market perceptions and the broader economic environment.
