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Story summary
- Airtel Africa is preparing a London IPO for its Airtel Money unit.
- The IPO targets an $8-9 billion valuation and at least $800 million in proceeds.
- Airtel Africa may file IPO paperwork as early as October 2026.
- The fundraising target was cut from $1.5-$2 billion to $800 million.
- Airtel Money posted $1.08 billion revenue in FY 2025/26, serving 54.1 million customers.
