Strong Revenue and EBITDA Growth
Airtel Africa reported a constant currency revenue growth of almost 25% and EBITDA growth of almost 33%, driven by strong demand across markets.
Stable Macro Environment
The company experienced a more stable macro environment, contributing to strong reported currency performance and increased confidence in market opportunities.
Mobile Money Business Performance
The Mobile Money segment saw a constant currency revenue growth of 30.3%, with transaction value on the platform reaching $162 billion, indicating a growth of 35%.
Nigeria Market Success
Nigeria's market saw a 48.9% growth in revenues, driven by demand for data services and tariff adjustments, with EBITDA margins in Nigeria returning to healthy levels of 55.6%.
Customer Base Expansion
The customer base grew to 169.4 million, with data customers increasing by 17.4% to 75.6 million, highlighting the ongoing demand for data services.