Airtel Africa Sees $89m Loss After Tax As FX Crisis Hits

Airtel Africa Plc experienced pressure from currency fluctuations in its core countries, resulting in a $89 million loss after taxes. The depreciation of the Nigerian and East African markets resulted in significant foreign exchange losses, which negatively impacted the telecom company’s earnings for the year ending March 31, 2024. Specifics revealed that throughout that time, … Continue reading Airtel Africa Sees $89m Loss After Tax As FX Crisis Hits