Airtel Africa H1’27 Revenue Hits $3.8B, Profit $452M

In Short

Airtel Africa published its half-year results for the six months ended 30 September 2026.

Revenue was $3,823m in H1’27, up 28.2% in reported currency. Profit after tax was $452m, up from $376m in the prior period.

The board declared an interim dividend of 3.1 cents per share, up 9.2%. Airtel Africa also said it returned $108.7m to shareholders through its share buyback programme during the period.

What Happened: Airtel Africa Grows Customers, Data, And Mobile Money

Airtel Africa said its total customer base grew 11.6% to 193.9 million customers. Its data customer base grew 15% to 89.9 million.

Mobile money customers grew 22.4% to 60.9 million. Airtel Africa said annualised total processed value (TPV), meaning the value of transactions processed over a year, grew 36.5% to $275bn in Q2’27.

The company said smartphone penetration increased to 51.6%. It said smartphone data usage per customer rose to 13.3 GB from 10.1 GB in the prior period.

Airtel Africa reported underlying EBITDA margins of 50.3%, and said margins were 50.4% in Q2’27. It said profit after tax in the current period was impacted by exceptional items of $55m related to an in-principle settlement in one of the Group’s subsidiaries and Airtel Money IPO expenses.

Why It Matters: Capex Doubled As Airtel Africa Adds 4,200 Sites

Airtel Africa said capex was $657m during the period, more than double, as it accelerated capex spend. It said it added approximately 4,200 sites to enhance coverage and capacity, and to support new businesses including home broadband (HBB).

In a statement included in the update, chief executive officer Sunil Taldar said the recent IPO of Airtel Money was “a significant milestone for the Group,” and that the Group retained its shareholding through the IPO.