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East Africa Bloc Pushes Up Airtel Africa Revenue

East Africa Bloc Pushes Up Airtel Africa Revenue
allafrica.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from allafrica.com Daily Mail and Mail on Sunday newspapers.

Nigerian Naira Devaluation Sends Airtel Africa Into First-Quarter Loss

Nigerian Naira Devaluation Sends Airtel Africa Into First-Quarter Loss
bnnbloomberg.ca - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bnnbloomberg.ca Daily Mail and Mail on Sunday newspapers.

airtel africa: Airtel Africa Q1 Results: Firm reports $151 million-loss; revenue jumps 20% YoY

The negative profit after tax was driven largely by a foreign exchange loss of $471 million recorded in finance cost before tax and $317 million after-tax because of the devaluation of the Nigerian naira in the month of June 2023.

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