Airtel Africa is preparing to list its mobile money arm, Airtel Money, in a deal that could rank among the biggest fintech IPOs in recent years.
According to reports by Reuters and Bloomberg, the company is targeting an initial public offering on the London Stock Exchange, with the transaction expected to raise between $1.5 billion and $2 billion (about KSh 194 billion to KSh 258.6 billion).
The same reports indicate that the listing could value Airtel Money at up to $10 billion (around KSh 1.29 trillion), underlining the growing investor appetite for Africa’s fast-expanding digital payments sector.
The planned IPO is part of Airtel Africa’s broader strategy to unlock value from its mobile money business, which has become a key growth driver as demand for cashless transactions rises across its markets.
Airtel Money operates across several African countries and continues to expand beyond basic transfers into merchant payments, savings, and credit services — areas that have attracted increasing global investor interest.
Reuters further reports that Airtel Africa has previously signalled intentions to list the unit, positioning it to tap into international capital while scaling its fintech operations.
If successful, the listing would give investors rare direct exposure to Africa’s mobile money ecosystem, a sector that continues to play a central role in financial inclusion and digital commerce.
