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Airtel Africa grows half-year earnings while doubling network investment

Airtel Africa ($AAF) reported revenue of $3.823 billion for the first half of fiscal 2026/27, up 28.2% as reported and 20.8% at constant currencies. Underlying EBITDA increased 32.8% to $1.921 billion, with the margin reaching 50.3%. Customer numbers expanded 11.6% to 193.9 million, while mobile-money customers grew 22.4% to 60.9 million, supporting demand across its African operations. Profit after tax rose to $452 million from $376 million despite higher financing costs and $55 million of exce

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