Airtel Africa moves ahead with London listing of Airtel Money

Telecoms & Networks Telecoms Written by: Ephrem Joseph 02:43 Wed 23 Sep 2026 --> Proactive has a commercial relationship with Airtel Africa PLC. This article was produced independently under Proactive's Editorial Standards Policy . Disclaimer No investment advice About this content Editorial Standards & Policies Share article About this content × About Ephrem Joseph Ephrem began his journalistic journey at Proactive in June 2021. With a strong academic background in Information Technology, his expertise particularly lies in the field of Cyber Security, Management Information Systems and Computer Forensics. Before joining Proactive, Ephrem worked as a researcher and lecturer at a number of leading universities, including the University of Portsmouth's Institute of Criminal Justice Studies, the University of Winchester’s Institute of Policing, and Jain... Read more About the publisher Proactive financial news and online broadcast teams provide fast, accessible, informative and actionable business and finance news content to a global investment audience. All our content is produced independently by our experienced and qualified teams of news journalists. Proactive news team spans the world’s key finance and investing hubs with bureaus and studios in London, New York, Toronto, Vancouver, Sydney and Perth. We are experts in medium and small-cap markets, we also keep our community up to date with blue-chip companies, commodities and broader investment stories. This is content that excites and engages motivated private investors. The team delivers news and unique insights across the market including but not confined to: biotech and pharma, mining and natural resources, battery metals, oil and gas, crypto and emerging digital and EV technologies. Use of technology Proactive has always been a forward looking and enthusiastic technology adopter. Our human content creators are equipped with many decades of valuable expertise and experience. The team also has access to and use technologies to assist and enhance workflows. Proactive will on occasion use automation and software tools, including generative AI. Nevertheless, all content published by Proactive is edited and authored by humans, in line with best practice in regard to content production and search engine optimisation. Airtel Africa PLC ( LSE:AAF ) View Price & Profile Airtel Africa moves ahead with London listing of Airtel Money Published: 02:43 23 Sep 2026 EDT Airtel Africa PLC (LSE:AAF) has formally moved ahead with plans to float its mobile money business in London, paving the way for Airtel Money to become an independently listed company. Airtel Mobile Commerce, which operates as Airtel Money, intends to apply for admission to the Main Market of the London Stock Exchange. The proposed initial public offering will consist of a secondary sale of existing Airtel Money shares by current shareholders, meaning the company itself will not raise fresh capital from the transaction. Airtel Africa currently owns 77.85% of Airtel Money and said it expects to remain a long-term strategic shareholder following the flotation, supporting the business through its next phase of development. The move would give investors direct exposure to Airtel Africa’s mobile money operations, which sit alongside the group’s telecoms business across 14 African markets. Airtel Money provides digital financial services across Airtel Africa’s footprint, allowing customers to transfer money, make payments and access other financial services through mobile devices. The proposed London listing also represents another step in Airtel Africa’s efforts to crystallise value from the fintech arm while maintaining a significant strategic interest in the business. Airtel Money’s separate intention-to-float announcement includes further information on its operations, strategy, financial performance, current trading and outlook. No offer size, valuation or timetable for admission was disclosed in Airtel Africa’s announcement. The transaction remains subject to regulatory requirements and market conditions, with the company cautioning that there is no guarantee the IPO will proceed or that admission to the London Stock Exchange will ultimately take place. If completed, the deal would leave Airtel Money operating as a separately listed business while retaining close strategic ties to its majority shareholder, Airtel Africa. Continue reading