Airtel Africa begins course of to recruit new exterior auditor

Airtel Africa has launched a proper, impartial aggressive tender course of to pick a brand new exterior auditor, the telecoms and cellular cash operator introduced on Wednesday.

This was disclosed by the corporate in a company disclosure filed with the Nigerian Alternate Restricted.

The PidomNigeria stories that Airtel Africa is dual-listed on the London Alternate and the NGX and made the announcement to buyers within the two markets. Airtel Africa offers telecommunications and cellular cash companies in 14 nations throughout Africa.

“A decision to nominate the profitable agency will likely be proposed to the shareholders on the 2027 Annual Common Assembly, with the chosen auditor anticipated to take workplace to carry out the corporate’s audit for the monetary yr ending 31 March 2028.

“The choice to conduct the aggressive audit tender earlier aligns Airtel Africa with our controlling shareholder, Bharti Airtel Restricted, which is topic to necessary auditor rotation in India, and isn’t pushed by any disagreement with the incumbent auditors nor by any considerations over the standard of the audit,” stated the disclosure.

The corporate stated it’s going to challenge extra updates as soon as the tender course of is concluded within the coming months.

The shares of Airtel Africa are one of many priciest on the NGX. It closed Thursday’s buying and selling at N2,270 per unit with its market capitalisation price N8.53tn. The corporate’s issued share capital as at shut of enterprise on 28 November 2025 consisted of three,656,000,539 unusual shares of $0.50 per share every with one vote, together with 7,489,044 unusual shares held in treasury.

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