Airtel Africa Share News (AAF)

LONDON BROKER RATINGS: Berenberg likes AB Dynamics, Auction Technology

(Alliance News) - The following London-listed shares received analyst recommendations Friday morning:

IN BRIEF: Airtel Africa signs USD125 million revolving credit facility

Airtel Africa PLC - Africa-focused telecommunications firm - Signs USD125 million sustainability-linked revolving credit facility with Citigroup Inc through its subsidiaries in sub-Saharan Africa. The facility will expire in September 2024. Says the facility is in line with its strategy to raise debt in local operating companies, and will include both local currency and US dollar denominated debt. It will also be used to support Airtel's operations and investments in four of its subsidiaries.

LONDON BROKER RATINGS: Jefferies cuts Go-Ahead, Mediclinic to 'hold'

(Alliance News) - The following London-listed shares received analyst recommendations Friday morning and Thursday:

DIRECTOR DEALINGS: Lloyds Banking CEO sells GBP1.2 million in shares

(Alliance News) - The following is a round-up of share dealings by London-listed company directors and managers announced on Monday and not separately reported by Alliance News:

Airtel Africa quarterly revenue up, inflation limits margin expansion

(Alliance News) - Shares in Airtel Africa PLC slumped on Thursday as it noted headwinds in its first quarter, with inflation pressures capping margin progress.

Airtel Africa revenues up double digits in Q1

(Sharecast News) - Telecommunications group Airtel Africa said on Thursday that first-quarter revenues had grown by double digits amid margin and earnings progression and a further strengthening of its balance sheet.

LONDON MARKET MIDDAY: Stocks shrug off recession warning in Germany

(Alliance News) - European equities were higher at midday on Monday, bouncing back from a lower start, as investors took a warning from a business poll that showed Germany is on "brink of recession" in their stride.

LONDON MARKET OPEN: Vesuvius shares erupt after bolstering guidance

(Alliance News) - Stock prices in London opened lower on Monday as investors look ahead to a substantial interest rate hike from the US Federal Reserve, while Vesuvius rose on upbeat guidance.

Airtel Africa buys additional spectrum in Kenya for USD40 million

(Alliance News) - Airtel Africa PLC on Monday said its subsidiary Airtel Kenya Networks Ltd has bought 60 megahertz of additional spectrum in Kenya for USD40 million.

LONDON MARKET PRE-OPEN: Ryanair swings to profit on Q1 revenue surge

(Alliance News) - Stock prices in London are seen opening lower on Monday, tracking US and Asian equity markets, as investors gear up for a big week of corporate earnings and an interest rate decision from the US Federal Reserve.

Airtel Africa subsidiary acquires $40m of additional spectrum in Kenya

(Sharecast News) - Telecommunications group Airtel Africa's Kenyan subsidiary has purchased 60-megahertz of additional spectrum for $40.0m as part of an effort to support its 4G network capacity expansion in the market for both mobile data and fixed wireless home broadband capabilities.

UK earnings, trading statements calendar - next 7 days

UK dividends calendar - next 7 days

IN BRIEF: Airtel Africa subsidiary settles cash tender offer

Airtel Africa PLC - telecommunications and mobile money services in Africa - Confirms its subsidiary Bharti Airtel International BV settled a cash tender offer to redeem up to USD450 million of the USD1 billion of 5.35% guaranteed senior notes due 2024. Says a total principal amount of USD450 million of notes has been accepted for purchase. Cancels all notes that were available for purchase ahead of their maturity.

UK shareholder meetings calendar - next 7 days