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Airtel Africa gets UK FCA’s approval for its registration document

May 29, 2019
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Airtel Africa has received UK Financial Conduct Authority’s (FCA) approval for its registration document. This development follows Airtel’s recent announcement about its plans to list its African unit on the London Stock Exchange.

Airtel plans to raise over $1 billion through the initial public offer (IPO) of its Africa business, which is expected to get completed by end of June 2019.

Earlier in February 2018, Airtel had announced plans to take its Africa subsidiary public and in October 2018 it completed an initial round of pre-IPO funding of $1.25 billion.


 

 
 
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