Business A.M
No Result
View All Result
Thursday, June 11, 2026
  • Login
  • Home
  • Technology
  • Finance
  • Comments
  • Companies
  • Commodities
  • About Us
  • Contact Us
Subscribe
Business A.M
  • Home
  • Technology
  • Finance
  • Comments
  • Companies
  • Commodities
  • About Us
  • Contact Us
No Result
View All Result
Business A.M
No Result
View All Result
Home Technology

Airtel’s 2.4m-agent network widens access to financial services 

by Joy Agwunobi
June 11, 2026
in Technology
Airtel's 2.4m-agent network widens access to financial services 

Airtel Africa expanded its Airtel Money agent network to 2.4 million agents across its operations in 14 African countries during the 2025/26 financial year, underscoring the growing role of mobile money in extending financial services to underserved communities across the continent.

The telecommunications and mobile money provider disclosed this in its Sustainability Report 2026, which highlights progress in connectivity, financial inclusion and environmental sustainability during the reporting period.

The increase represents a significant rise from the 1.7 million agents recorded in the previous year and reflects the company’s efforts to strengthen access to digital financial services while creating entrepreneurship and employment opportunities within local communities.

The expansion of the agent network comes amid strong growth in Airtel Money’s customer base, which climbed to more than 54 million users in 2025/26 from 44.6 million recorded a year earlier.

The company also reported that Airtel Money processed transactions worth approximately $196 billion during the year, compared with $136 billion in the preceding financial year, highlighting the increasing adoption of digital financial services across its markets.

According to the report, women accounted for 44.1 percent of Airtel Money customers during the period, reflecting the platform’s continued role in supporting broader financial inclusion across different demographic groups.

Sunil Taldar, chief executive officer of Airtel Africa, said access to financial services, connectivity and digital education is becoming increasingly critical to economic participation across Africa.

“Across Africa, access to connectivity, financial services and digital education is increasingly essential to economic opportunity. At Airtel Africa, we’re expanding access to these services for millions of people, particularly in underserved and rural communities,” Taldar said.

Beyond financial services, Airtel Africa reported continued progress in expanding digital connectivity across its footprint. Mobile network coverage increased to 81.9 percent of the population, up from 81.2 percent in the previous year, while rural population coverage rose to 73.1 percent from 72.2 percent.

The company also recorded growth in smartphone adoption among its customers, with smartphone penetration rising to 49.5 percent from 44.8 percent a year earlier. Data customer penetration similarly increased to 45.9 percent from 44.2 percent.

Usage of Airtel’s digital platforms also accelerated during the year. Transactions conducted through the MyAirtel application grew by 80 percent to $8.3 billion, while monthly active users reached 10.5 million.

As part of its social impact initiatives, Airtel Africa said it continued to support digital education through its partnership with UNICEF. The company disclosed that 3,043 schools had been connected to the internet free of charge as of March 31, 2026, compared with 2,176 schools in the previous year.

The report also highlighted progress in reducing the environmental impact of its operations. Airtel Africa converted more than 950 infrastructure sites from off-grid to on-grid power during the year, reducing dependence on diesel-powered generators.

Consequently, diesel consumption declined by 9.1 million litres, while 94 percent of total waste generated by the company was recycled, up from 93 percent recorded in the previous reporting period.

Taldar noted that sustainability remains central to Airtel Africa’s growth strategy, adding that investments in energy efficiency and reduced reliance on diesel are helping to improve operational resilience while supporting long-term sustainable development objectives.

Joy Agwunobi
Joy Agwunobi
Previous Post

NCC appoints Emiko as interim chair of Digital Bridge Institute board

  • Trending
  • Comments
  • Latest

How UNESCO got it wrong in Africa

May 30, 2017

CBN to issue N1.5bn loan for youth led agric expansion in Plateau

July 29, 2025

Glo, Dangote, Airtel, 7 others prequalified to bid for 9Mobile acquisition

November 20, 2017
Igbobi alumni raise over N1bn in one week as private capital fills education gap

Igbobi alumni raise over N1bn in one week as private capital fills education gap

February 11, 2026

6 MLB teams that could use upgrades at the trade deadline

Top NFL Draft picks react to their Madden NFL 16 ratings

Paul Pierce said there was ‘no way’ he could play for Lakers

Arian Foster agrees to buy books for a fan after he asked on Twitter

Airtel's 2.4m-agent network widens access to financial services 

Airtel’s 2.4m-agent network widens access to financial services 

June 11, 2026
NCC appoints Emiko as interim chair of Digital Bridge Institute board

NCC appoints Emiko as interim chair of Digital Bridge Institute board

June 11, 2026
Access Holdings shifts focus to capital discipline amid N1.007trn profit

Access Holdings shifts focus to capital discipline amid N1.007trn profit

June 11, 2026
Zoho deepens technology independence with Nathu La launch 

Zoho deepens technology independence with Nathu La launch 

June 11, 2026

Popular News

  • How UNESCO got it wrong in Africa

    0 shares
    Share 0 Tweet 0
  • CBN to issue N1.5bn loan for youth led agric expansion in Plateau

    0 shares
    Share 0 Tweet 0
  • Glo, Dangote, Airtel, 7 others prequalified to bid for 9Mobile acquisition

    0 shares
    Share 0 Tweet 0
  • Igbobi alumni raise over N1bn in one week as private capital fills education gap

    0 shares
    Share 0 Tweet 0
  • Insurance-fuelled rally pushes NGX to record high

    0 shares
    Share 0 Tweet 0
Currently Playing

CNN on Nigeria Aviation

CNN on Nigeria Aviation

Business AM TV

Edeme Kelikume Interview With Business AM TV

Business AM TV

Business A M 2021 Mutual Funds Outlook And Award Promo Video

Business AM TV

Recent News

Airtel's 2.4m-agent network widens access to financial services 

Airtel’s 2.4m-agent network widens access to financial services 

June 11, 2026
NCC appoints Emiko as interim chair of Digital Bridge Institute board

NCC appoints Emiko as interim chair of Digital Bridge Institute board

June 11, 2026

Categories

  • Frontpage
  • Analyst Insight
  • Business AM TV
  • Comments
  • Commodities
  • Finance
  • Markets
  • Technology
  • The Business Traveller & Hospitality
  • World Business & Economy

Site Navigation

  • Home
  • About Us
  • Contact Us
  • Privacy & Policy
Business A.M

BusinessAMLive (businessamlive.com) is a leading online business news and information platform focused on providing timely, insightful and comprehensive coverage of economic, financial, and business developments in Nigeria, Africa and around the world.

© 2026 Business A.M

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • Home
  • Technology
  • Finance
  • Comments
  • Companies
  • Commodities
  • About Us
  • Contact Us

© 2026 Business A.M