Airtel Africa Plc H1:2024 FYE Performance – Charting through Tumultuous Headwinds
Below is a detailed overview of Airtel Africa Plc’s performance during the first half of its fiscal year. FX Devaluation Hinder Revenue Growth In its recently released H1:2024 financial result, Airtel Africa Plc (AIRTELAFRI) posted a marginal increase in its consolidated topline in reporting currency. Overall Revenue increased by 2.28% Year-on-Year (YoY) in H1:2024 (vs. […]
Airtel Africa Plc Q1:2024 Performance – The Constraints of Unrealized FX Losses
Below is a detailed overview of Airtel Africa Plc’s performance during the first quarter of its fiscal year. Revenue Growth Offset by FX Losses In its recently released Q1:2024 financial result, Airtel Africa Plc (AIRTELAFRI) posted growth in its consolidated topline in reporting currency. During the period, markets in Nigeria and East Africa noted significant […]
Nigerian Telecommunications Sector Report 2023 – A Beacon of Hope
In this report, we took a look at the Nigerian telecommunications sector and analyzed what shaped the space in 2022. We also gave our views on the performance of MTN Nigeria and Airtel Africa. Executive Summary 2022FY in the global economy was pervaded by uncertainties as the Russian-Ukraine conflict persisted, causing supply-chain disruption and rising […]
