Investors

Airtel Africa, a leading operator of affordable and innovative mobile service in 14 African countries. We welcome you to our investor portal

Investment case

We operate in African markets which afford substantial market potential across voice, data and mobile money services. Our countries of operation boast some of the highest projected population growth rates in the world, and the region currently has low penetration levels of unique SIMs, data usage and traditional banking services.

Our leadership across Africa provides us with the diversity and scale required to deliver value for telecom and mobile money services to our customers. Our well-invested asset base, strong brand value and recognition, and effective distribution channels (both direct and indirect) afford us sustainable differentiation in the market.

We continue to extend our track record of delivering strong growth and improved operational performance. We have a lean and simplified operating model which combined with an effective management team can deliver revenue growth combined with good profitability and cash flow delivery. Strong country-level management teams with deep knowledge of their markets are supported by subject matter experts at Group level. We also leverage the support of our globally recognised shareholders, including Bharti Airtel, one of the world’s largest telecoms operators.

We are driven by our purpose of Transforming lives, with a customer centric vision to enrich the lives of our customers, through our unique six pillar sustainable profitable growth strategy: “Win with…” network, distribution, data, mobile money, cost and people.

Our strong balance sheet and conservative capital structure will allow us to deliver the full execution of our growth strategy.

Delivering value for all our stakeholders: customers, communities, regulators and governments, partners and suppliers, people, investors and shareholders.

Download our factsheet 

Results and presentations

Governance

Board committees

Our Board remains committed to the highest standards of governance and transparent reporting.

Our Board of directors is the primary decision-maker at Airtel Africa. Its members are responsible for our operational and financial performance, setting our strategy and making sure that we manage risk effectively. The Board has delegated certain responsibilities to specialist committees while maintaining overall accountability.

Role descriptions of the Chairman, Chief Executive and Senior Independent Director can be found.

In addition to the formal schedule of matters the Board considers, it delegates certain key aspects of governance to its committees. We have five main governance committees:

  1. Audit and Risk Committee
  2. Nominations Committee
  3. Remuneration Committee
  4. Market Disclosure Committee
  5. Sustainability Committee 

Each committee has formal terms of reference approved by the Board.

Financial calendar

Future dates

25 October 2024

HY’25 Results

30 January 2025

Q3’25 Results

8 May 2025

FY’25 Results

24 July 2025

Q1’26 Results

 

Past dates

27 October 2022

HY’23 Results and Roadshow

2 February 2023

9M/Q3’23 Results

11 May 2023

FY’23 Results and Roadshow

4 July 2023

Annual General Meeting (AGM)

27 July 2023

Q1’24 Results

30 October 2023

HY’24 Results and Roadshow

1 February 2024

Q3’24 Results

9 May 2024

FY’24 Results and Roadshow

3 July 2024

Annual General Meeting (AGM)

25 July 2024

Q1’25 Results

Airtel Africa Digital Labs

Our dividend policy

In October 2021, the Board approved an upgrade to the progressive dividend policy as a result of continued strong business performance and significant progress made in reducing the leverage ratio. The new policy aims to grow the dividend annually by a mid- to high-single digit percentage with a continued focus to further strengthen the balance sheet.

Analysts and consensus

Equity research analysts

Afrinvest

Benedict Egwuchukwu

(+234) 816 874 3648

begwuchukwu@afrinvest.com

BAML

Cesar Tiron

(+971) 4425 8216

cesar.tiron@bofa.com

Barclays

Maurice Patrick

(+44) 20 3134 3622

maurice.patrick@barclays.com

Chapel Hill Denham

Tajudeen Ibrahim

(+234) 1 461 0691

tibrahim@chapelhilldenham.com

Citi*

Rohit Modi

(+44) 20 7986 6318

rohit1.modi@citi.com

EFG Hermes

Silha Rasugu

+254 (20) 362 0212

faisal.alazmeh@gs.com

FBN Quest

Oluwaseun Arambada

(+23) 4 818 726 5175

oluwaseun.arambada@fbnquestmb.com

Goldman Sachs

Faisal AlAzmeh

(+971) 4376 3476

srasugu@efg-hermes.com

HSBC

Madhvendra Singh

(+971) 450 93348

madhvendra.singh@hsbc.com

JP Morgan*

Funeka Maseko

(+27) 11 507 0306

funeka.maseko@jpmorgan.com

Meristem Securities

Abdullateef Grillo

(+234) 70 1773 5494

abdullateefgrillo@meristemng.com

New Street Research

Chris Hoare

(+44) 20 7375 9130

chris@newstreetresearch.com

Numis Securities

John Karidis

(+44) 20 7260 1311

J.Karidis@numis.com

* denotes house broker

Company compiled analyst consensus

Twice a year, for the full year and interim results, Airtel Africa investor relations collates the financial forecast estimates from third party equity research analysts with active coverage of Airtel Africa plc, and compile mean consensus forecast data. The link below represents the latest available company compiled consensus forecast data. While we believe the information displayed on this page to be reliable, Airtel Africa does not warrant or represent the accuracy, completeness or validity of this information, nor the figures or calculations arising from this information. Airtel Africa shall not be liable in any way for any loss or damage arising from reliance on, or use of, information available on this page and/or the associated calculations, nor for any errors or omissions in its content.

Download consensus forecast data 

Investor relations contact

Alastair Jones

+44 207 493 9315

investor.relations@africa.airtel.com