Airtel Africa's Mobile Money Balances Surge to $1.49 Billion

As of September 30, 2026, Airtel Africa Plc (NGX: AIRTELAFRI) reported that its mobile money trust balances increased to $1.49 billion, a 28.9% rise from $1.16 billion a year earlier. This figure reflects balances held in bank trust accounts related to its mobile money operations.

The growth in trust balances was accompanied by a 22.4% increase in Airtel Money's customer base, which rose to 60.9 million from 49.8 million in the same period of 2025. The trust balance grew by approximately $334 million over the year and was about $95 million higher than the $1.394 billion recorded at the end of March 2026.

Additionally, Airtel Africa's total revenue rose by 28.2% to $3.82 billion for the six months ending September 30, 2026, while profit after tax increased by 20.5% to $452 million. The MyAirtel app also saw significant growth, with 14 million monthly active users and a transaction value of $7.7 billion during the six-month period.