Airtel Africa & Bharti Airtel

Airtel Africa: Airtel Africa is reshuffling its top leadership across its African operations, with Harsh Malhotra moving to Indus Towers Africa and Djibril Tobe taking over Bharti Airtel — Airtel Kenya.

Bharti Airtel: Djibril Tobe previously held a leadership position as Managing Director of Bharti Airtel.

Airtel Africa: Airtel Africa is undergoing a leadership transition with its chairman stepping down and a new one taking over, which is part of its ongoing governance continuity and long-term leadership stability plan.

Airtel Africa: Airtel Africa is exploring an IPO for its mobile money arm, Bharti Airtel — Airtel Payments Bank, aiming to unlock value from the fast-growing business. This move is expected to boost its valuation and financial standing.

Airtel Africa: Airtel Africa is a key growth market for Bharti Airtel, and this transaction will see Bharti Airtel consolidate its ownership, indicating confidence in its robust performance and increasing contribution to consolidated revenues.

Airtel Africa: Bharti Airtel's board approved increasing its stake in Airtel Africa to around 79% through a share swap, with an ambition to reach 90% ownership.

Airtel Africa: Airtel Africa is a major operator expanding solar and hybrid systems across its networks, reducing diesel use by more than half at sites in Zambia and Congo.