The Airtel Money IPO priced at £1.96, a $7 billion value below the $8 billion to $9 billion talk. The discount prices ...
Airtel Money’s London IPO sells $800m of existing shares at an $8bn to $9bn valuation and raises nothing for the business.
Cross-border payouts can hit a snag when large amounts of local currency are not available in real time.
Airtel Money Group CEO Ian Ferrao hails the US$7bn fintech listing on the London Stock Exchange as the first milestone of its ...
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 ...
NAIROBI (Reuters) - A pan-African payments infrastructure provider designed to facilitate trade on the continent is piloting an African currency market platform to boost commerce across borders in the ...
Airtel Mobile Commerce N.V., known as Airtel Money, the mobile money business of Airtel Africa, has set its initial public offering (IPO) price at £1.96 per share. Airtel Africa announced this on ...
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 ...
The Nigerian naira demonstrated resilience among African currencies during the second quarter of 2026, according to the World Bank. Its October 2026 "Africa Economic Update" reported that the naira ...