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- Airtel Africa‘s profit soared to $376 million in H1 2025, a significant rise from $79 million in the previous year
- A $90 million foreign exchange gain, fueled by the strengthening of the Nigerian naira and Central African franc, enhanced financial results
- Revenue climbed 24.5% on a constant currency basis, driven by robust growth in data and mobile money services
- The company announced an interim dividend of 2.84 cents per share, marking a 9.2% increase
Airtel Africa has demonstrated a remarkable recovery in profitability for the six months ending September 30, 2025, largely supported by favorable currency fluctuations in its primary markets. The telecommunications giant reported a net profit of $376 million, a sharp increase compared to $79 million during the same timeframe last year.
This impressive turnaround was primarily attributed to a $90 million gain from foreign exchange, reversing the substantial losses experienced in the prior period. The gain was mainly due to the appreciation of the Nigerian naira in the second quarter and the Central African franc in the first quarter of the fiscal year.
Nigeria, being Airtel Africa’s largest market, played a pivotal role in the improved financial performance. The previous year’s results were negatively impacted by significant derivative and currency losses linked to the naira’s depreciation. This year’s currency gains have provided a vital boost, positively influencing the group’s overall earnings.
On a constant currency basis, Airtel Africa’s revenue expanded by 24.5%, with all business segments reporting double-digit growth. Data services revenue surged by 37.0%, while mobile money revenue increased by 30.2%, underscoring the rising demand for digital solutions across the company’s 14 African markets.
The total subscriber base grew by 11.0% year-over-year, reaching 173.8 million customers. Mobile money users saw a 20% increase, positioning the company well ahead of its anticipated public offering in 2026. Additionally, Average Revenue Per User (ARPU) improved across both data and voice services.
Despite the persistent challenges posed by currency fluctuations in Africa, Airtel Africa raised its interim dividend by 9.2% to 2.84 cents per share, reflecting confidence in its financial stability.
The ongoing expansion of mobile money and data services remains central to Airtel Africa’s growth strategy, building on strong momentum from previous periods. The company continues to invest in network infrastructure to accommodate subscriber growth and enhance service quality.
This robust performance in the first half of 2025 highlights Airtel Africa’s resilience amid macroeconomic uncertainties and its commitment to broadening its digital and financial services presence across the continent.