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Airtel Africa Posts Profit Surge, Hikes FY26 Capex on Digital Momentum

Surging digital adoption lifts profits, enabling a larger investment plan.

Overview

  • Airtel Africa reported Q2 FY26 net profit of $177 million, a multifold increase from a year earlier, with reported revenue up 11% quarter on quarter to $1.57 billion.
  • H1 FY26 results showed revenue of $2.98 billion and profit after tax of $376 million, with EBITDA margin expanding to 48.5%.
  • The company raised full‑year FY26 capital expenditure guidance to $875–900 million to accelerate network expansion across its markets.
  • Airtel Money reached 49.8 million customers, with annualised processed value surpassing $193 billion in Q2, reflecting strong uptake of digital financial services.
  • Network rollout added about 2,350 sites and ~4,000 km of fibre, and the board declared a 2.84 cents per share interim dividend as a $100 million buy-back stays on track, with IPO preparations targeted for H1 2026.