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Airtel Africa Buys Back Over 21 Million Shares Amid Currency Devaluation

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Dulue Mbachu

Dulue Mbachu, an experienced journalist, covers business and politics for Allen Dreyfus.
  • Airtel Africa purchases 21 million shares since March from London and Nigerian exchanges
  • The buyback aims to boost share value amid steep Nigerian currency devaluation.

 

Abuja, Nigeria – Airtel Africa, a leading mobile phone company on the continent, announced it has bought back more than 21 million of its shares since March from the London Stock Exchange and the Nigerian Exchange.

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