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Airtel Africa Begins Process to Appoint New External Auditor

| By: Chris Emenike

Techeconomy by Techeconomy
December 4, 2025
in Telecoms
0
Airtel Africa Result for June 30, 2024 - shares buyback | Xtelify | Shareholders | Auditor
Airtel Africa

Airtel Africa

Airtel Africa Plc has begun a competitive tender to appoint a new external auditor, according to a disclosure filed with the Nigerian Exchange Group (NGX) on Wednesday, December 3, 2025.

The process is being led by the Board’s Audit and Risk Committee and follows mandatory auditor rotation policies that apply to its majority shareholder, Bharti Airtel Limited, under Indian regulations. It also aligns with global governance standards.

The company said the preferred audit firm will be presented for approval at the 2027 Annual General Meeting, with the new auditor expected to take over the audit of the financial year ending March 31, 2028.

Airtel added that an update will be issued once the tender is concluded.

The telecoms firm’s share price closed flat at N2,270. Airtel Africa is listed on the Main Board of the NGX with a market value of about N8.53 trillion and an outstanding share base of 3.76 billion units.

The group operates in Nigeria, Kenya, Uganda, Tanzania, Rwanda, Zambia, and several other African markets.

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