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Airtel Africa to list its Airtel Money unit to counter growing dominance of mobile money and other fintechs

Sunil Taldar, Airtel Africa’s Chief Executive Officer.

Airtel Africa has announced plans to list its Airtel Money unit to secure more capital as it seeks a top spot in the growing digital payments ecosystem across Africa, and ward off competition from other equally strong players such as MTN MoMo, Safaricom’s MPESA and other major fintechs.  The multinational disclosed its listing plans for Airtel Money set for 2026, according to a Reuters News Agency report published yesterday.  The announcement also coincides closely with MTN Group’s plans to spin-off its financial technology (Fintech) business from its listed company under MTN Uganda in the first half of this year.  The…

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About the Author

Paul Murungi is a Ugandan Business Journalist with extensive financial journalism training from institutions in South Africa, London (UK), Ghana, Tanzania, and Uganda. His coverage focuses on groundbreaking stories across the East African region with a focus on ICT, Energy, Oil and Gas, Mining, Companies, Capital and Financial markets, and the General Economy.

His body of work has contributed to policy change in private and public companies.

Paul has so far won five continental awards at the Sanlam Group Awards for Excellence in Financial Journalism in Johannesburg, South Africa, and several Uganda national journalism awards for his articles on business and technology at the ACME Awards.

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