Airtel Money’s London IPO sells $800m of existing shares at an $8bn to $9bn valuation and raises nothing for the business.

A payments company backed by African political leaders has launched a blockchain-based marketplace for trading local currencies, in a bid to make it easier for companies to repatriate their profits ...

MTN Group explained: how Africa’s biggest mobile operator makes money, its H1 2026 results, MoMo, Nigeria and Ghana, the Iran ...

Airtel Money has launched a retail offer for its initial public offering, setting a minimum application of £250 per investor. This move precedes its planned listing on the London Stock Exchange. The ...

When African countries gained independence from their colonial rulers, they faced many changes. One of the most important changes for many countries was switching from the colonial currency to their ...

On 11 February 2024, the head of Niger’s ruling military junta, General Abdourahmane Tiani, spoke of the possible creation of a common currency with Burkina Faso and Mali. “The currency is a first ...

The looting of Africa by its elites with the witting or unwitting complicity of overseas partners is an old, sad song. Looters are flexible and clever. As Britain and France tighten the screws on ...

The high cost of making cross border payments on the African continent has driven governments on the continent to seek options of settling trade and other transactions in local currencies. This has ...

JOHANNESBURG—Major countries and regional blocs in Africa are throwing their weight behind an ambitious plan to establish a “noncirculating” currency backed by critical minerals, which are crucial to ...