Airtel Africa FY22 revenue up 21% YoY

Airtel Africa has reported a revenue growth of 20.6 per cent for the year FY22, to $4,714 million, and 17.8 per cent for Q4FY22.

Airtel Africa is a leading provider of telecommunications and mobile money services, with a presence in 14 countries primarily in East Africa and Central and West Africa.

Constant currency underlying revenue grew 23.3 per cent for the year and 19.1 per cent in Q4.

Constant currency underlying revenue growth was strong in all regions — Nigeria up 27.7 per cent, East Africa up 22.7 per cent and Francophone Africa up 17.2 per cent and across all key services, with revenue in voice up 15.4 per cent, Data up 34.6 per cent and Mobile Money up 34.9 per cent.

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