Data pushes Airtel Africa’s profit to $376m as subscribers rise by 11%

Airtel Africa Plc, with a presence in 14 countries in Africa, has released its financial results for the half year ended September 30, 2025 (H1 FY26).

The performance was underpinned by the execution of the company’s strategy, accelerated digital adoption, and significant growth in its fintech and data segments.

Precisely, AAirtel Africa’s Profit After Tax (PAT) soared to $376 million, a substantial increase from $79 million in the prior year, benefiting from operational strength and a significant currency gain (largely from Nigerian Naira appreciation).

The group revenue climbed to $2,982 million, recording strong constant currency growth of 24.5 per cent. EBITDA grew by 33.2 per cent in reported currency to $1,447 million, with the EBITDA margin expanding to 48.5 per cent.

Data revenue became the largest contributor to group revenue, driven by a 37.0 per cent constant currency growth in data revenue and a 45.0 per cent increase in data traffic. Total customer base grew by 11.0 per cent to 173.8 million. Data customers grew by 18.4 per cent to 78.1 million.

The company’s Mobile Money service, Airtel Money, cemented its position as a key growth driver, with its customer base rapidly nearing the 50 million mark and its annualised total processed value (TPV) approaching $200 billion.

Chief Executive Officer of Airtel Africa, Sunil Taldar, commented: “These stellar results demonstrate the successful execution of our strategy, which is focused on providing a superior customer experience and driving digital and financial inclusion across our markets. We are extremely pleased with the surge in both our data and Mobile Money segments. Airtel Money, with its customer base nearing 50 million and TPV approaching $200 billion yearly, continues to gain formidable momentum and is on course for a potential public listing in the first half of 2026.

“We are scaling our network capacity to meet the substantial demand for data services, as reflected by the increase in smartphone penetration to 46.8 per cent. To accelerate our ability to capitalise on the significant growth opportunity available in the region, we have increased our capital expenditure guidance for the full 2026 financial year to between $875 million and $900 million. We remain confident in our strategy to drive further incremental margin improvements and deliver sustained value for our shareholders.”

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