Airtel Africa Said To Tap Citi For Airtel Money's 2026 IPO
4 Articles
4 Articles
Billionaire Mittal’s Airtel Africa picks Citi for $4billion Airtel money IPO in 2026
Billionaire Sunil Mittal’s Airtel Africa Plc has selected Citigroup Inc. as lead adviser for the planned initial public offering of its mobile money arm, Airtel Money, in a deal that could value the unit at more than $4 billion. This is based on exclusive information revealed by people familiar with the matter, already the company […] The post Billionaire Mittal’s Airtel Africa picks Citi for $4billion Airtel money IPO in 2026 appeared first on…
Airtel Africa Eyes IPO for Mobile Money Arm, Taps Citi Group as Advisor- Bloomberg Reports
Airtel Africa is preparing to take its mobile money arm, Airtel Money, public in the first half of 2026, with Citigroup advising on the process, a Bloomberg report shows. The… This Is Premium Content. Subscribe And Save On Unlimited Access With Our Best Offers! Subscribe Log In The post Airtel Africa Eyes IPO for Mobile Money Arm, Taps Citi Group as Advisor- Bloomberg Reports appeared first on CEO East Africa.
Airtel Africa plans IPO for mobile money unit with valuation of over $4 billion
Airtel Africa Plc, a major telecommunications company led by billionaire Sunil Mittal, has engaged Citigroup Inc. to prepare for an initial public offering (IPO) of its mobile money division, Airtel Money. This is according to Bloomberg, citing sources familiar with the matter, but earlier reported by Daba Finance. The company is Africa’s second-largest by number of active subscribers, with operations spanning 14 African countries. It is collabo…
Coverage Details
Bias Distribution
- There is no tracked Bias information for the sources covering this story.
Factuality
To view factuality data please Upgrade to Premium