Airtel Africa has released half year ended 30 September 2022 results indicating double digit revenue growth by 12.9% in the first half and 12.7 for Q2,23. Constant currency growth rate accelerated to 18.5% in Q2, supporting half year growth of 16.9%. In a 27 October 2022 statement, the Group indicated that total customer base increased to 134.7 million, up 9.7%, with increased penetration across mobile data (customer base up 10.6%) and mobile money services (customer base up 24.0%). Mobile money transaction value increased by 31.7%, to an annualized value of $86.1bn in Q2’23. On the other hand, Profit after tax…
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