Airtel Africa Delivers 21.1% Constant Currency Revenue Growth Despite Currency Headwinds

robust performance driven by double-digit growth across data and mobile money services

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Airtel Africa has reported a 21.1% year-on-year increase in revenue in constant currency terms for the financial year ending March 2025, despite a marginal 0.5% decline in reported currency revenue due to forex devaluations in key markets like Nigeria and Zambia.

The Group’s robust performance was driven by double-digit growth across data and mobile money services, with underlying EBITDA margins of 46.5%, reflecting the telecom giant’s continued focus on cost efficiency and operational execution.

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CEO Sunil Taldar described the result as “a testament to the underlying demand for digital and financial services across our markets,” adding that the company has demonstrated margin resilience despite macroeconomic turbulence.

Revenue from mobile services in Nigeria rose by 36.4% in constant currency, while data and mobile money revenues grew by 30.5% and 29.9% respectively across the Group. This performance underscores Airtel Africa’s ability to deliver shareholder value even in volatile environments.

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