Growth in sub-Saharan Africa is projected at 3.6% in 2024, unchanged from 2023, with a modest increase to 4.2% in 2025 — insufficient to significantly reduce poverty or address development challenges. Macroeconomic vulnerabilities persist and inflation remains high in many countries, while elevated public debt and rising debt service costs […]
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Airtel Africa Plc Q2-25: Sustained Currency Pressures Weakens Profitability
October 25, 2024/Cordros Report Airtel Africa Plc (AIRTELAFRI) reported Q2-25 unaudited financials today (25 October), reporting an EPS of USD0.64 (vs EPS of USD3.08 in Q2-24), thus bringing the H1-25 EPS to USD0.82 (vs loss per share of USD1.46 in H1-24). The decline was primarily influenced by the exceptional derivative […]
Airtel Africa H1 2025: Reduced FX Loss Boosts Profitability
October 25, 2024/CSL Research Airtel Africa’s H1 2025 financial results revealed a 9.6% year-on-year (y/y) decline in Revenue, falling to US$2.37 billion from US$2.62 billion in H1 2024. However, on a quarter-on-quarter (q/q) basis, total Revenue showed marginal growth of 5.0%, increasing from US$1.16 billion in Q1 2025 to US$1.21 […]
