Airtel Africa delays mobile money division’s IPO as Iran war-driven costs loom
Airtel Africa on Friday delayed the planned initial public offering of its mobile money business to the second half of 2026 and forecast a near-term margin squeeze due to higher costs arising from the ongoing U.S.-Israeli war against Iran.
The war has triggered an unprecedented crunch in crude supplies from the Middle East and upended supply chains, raising energy and logistics costs for companies everywhere, triggering forecast cuts, project delays and cost-cutting drives.
