Airtel Money eyes London listing via secondary OFS

Airtel Africa is considering a listing on the London Stock Exchange for its financial services division, Airtel Money, through a secondary offer for sale. This move could make it the largest listing in the UK since 2021. The listing would allow existing shareholders to exit their investment, with the International Finance Corporation acting as a cornerstone investor. This could attract both institutional and retail investors in the UK, potentially increasing liquidity and visibility for Airtel Money.

Why it matters

Airtel Africa is exploring a London listing for its financial services division, which could attract more investors and increase its visibility. This move could also lead to more investment in the company and boost its stock price.

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