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AIRTELAFRIICT

Airtel Africa Plc

₦3,656
▲ 21%+42% YTD
≈ $2.61 · Forex rate

Key stats

Market cap
₦4,200B
P/E ratio
12.5x
Dividend yield
1.8%
52-week range
₦1,800 – ₦3,656
Founded
2010
Listed
2019
Board
Premium Board
Industry
Telecommunications
HQ
London / Lagos
CEO
Sunil Taldar
Shares
3.758B
ISIN
GBN6T44YR3Z1

Key milestones

2010
Airtel Africa established as Bharti Airtel African subsidiary
2019
Listed on London Stock Exchange and NGX
2022
Airtel SmartCash PSB launched in Nigeria
2023
Subscribers crossed 150 million across Africa
2024
Won 5G spectrum auction in Nigeria
2025
Data revenue surpassed voice revenue for first time

Why Lagosian dey care about AIRTELAFRI

Airtel Africa na di second largest telecom for Nigeria after MTN. Every Lagosian wey get 0802 or 0701 line na customer. Dem dey push mobile money for Lagos through Airtel SmartCash PSB. Stock dey listed for both NGX and London — give Lagos investor exposure to 14 African market.

About di company

Airtel Africa dey provide telecom and mobile money for 14 African countries. Dem list for London for June 2019 and NGX one month later. Nigeria na dia biggest market — about 40% of group revenue. Airtel SmartCash PSB launch for 2022 and don get 8 million wallet.

Business segments

1.Mobile Voice (45% of revenue)
2.Mobile Data (40% — fastest growing)
3.Mobile Money — Airtel SmartCash PSB (15%)
4.Enterprise Solutions
📈 Why buy

Largest telecom group in Africa with 600M addressable population, fastest-growing mobile money platform, and dual-listing provides FX hedge for Nigerian investors. Premium dividend yield among growth telcos.

📉 Why fear

Naira and other African currency depreciation hits dollar-reported revenue. Regulatory risk across 14 jurisdictions. MTN competition for fintech market. Capex-heavy 5G rollout pressures free cash flow.

Key risks

  • ⚠African FX depreciation impacting reported revenue
  • ⚠Regulatory risk across 14 different jurisdictions
  • ⚠Heavy 5G capex pressuring cash flow
  • ⚠MTN MoMo competition in Nigerian fintech
  • ⚠Tower lease cost inflation

Trading activity — past 3 months

Airtel Africa is among the top 10 most-traded stocks by value. AIRTELAFRI has traded 78 million shares in 56,000 deals worth ₦232 billion over the past three months, averaging 1.2 million shares per session. The stock has been notably steady (low volatility) compared to other large-caps.

ICT sector — AIRTELAFRI dey rank 1 of 2

By market cap

#TickerNamePriceYTD
1AIRTELAFRIAirtel Africa Plc₦3,656+42%
2MTNNMTN Nigeria Communications Plc₦801+35%
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Frequent Question

AIRTELAFRI (Airtel Africa Plc) na trading at ₦3,655.7. Up 21.00% today, +42% YTD.

Important Disclaimer

Stock prices wey dey dis page dey delayed by at least 30 minutes and na for informational purposes only. Lagos.cool NO be licensed stockbroker, investment advisor, or securities dealer. We no dey buy, sell, or recommend any securities.

Past performance no be guarantee for future result. Stock price fit go down as e fit go up, and you fit lose some or all of your investment. Always consult licensed stockbroker or financial advisor before you make investment decision.

Data dey come from di Nigerian Exchange (NGX) and public corporate disclosure.