t
Airtel Africa plc announced on 3 December 2025 that it has commenced a formal independent competitive tender process for the role of external auditor, overseen by its Audit and Risk Committee. A resolution to appoint the successful firm will be proposed to shareholders at the 2027 Annual General Meeting, with the selected auditor expected to perform the audit for the financial year ending 31 March 2028. The company stated this decision aligns with its controlling shareholder, Bharti Airtel Limited, which is subject to mandatory auditor rotation, and is not driven by any disagreement with incumbent auditors or concerns over audit quality.
| Date | 3 Dec 2025 |
| Time | 16:30:00 |
| Category | Miscellaneous |
| ID | 1219K |
Airtel Africa plc
('Airtel Africa', or the 'Group')
Commencement of audit tender process
London and Lagos, 3 December 2025: Airtel Africa, a leading provider of telecommunications and mobile money services, with a presence in 14 countries across Africa, announces that it has commenced a formal independent competitive tender process for the role of external auditor which will be overseen by the Audit and Risk Committee. A resolution to appoint the successful firm will be proposed to the shareholders at the 2027 Annual General Meeting, with the selected auditor expected to take office to perform the Company's audit for the financial year ending 31 March 2028. The decision to conduct the competitive audit tender earlier, aligns Airtel Africa with our controlling shareholder, Bharti Airtel Limited, which is subject to mandatory auditor rotation in India, and is not driven by any disagreement with the incumbent auditors nor by any concerns over the quality of the audit.
A further announcement will be made following the conclusion of the tender process in the coming months.
-ENDS-
Enquiries
|
Airtel Africa plc Simon O'Hara, Group Company Secretary +44 207 493 9315
Airtel Africa - Investor Relations Alastair Jones +44 7464 830 011 +44 207 493 9315
|
|
About Airtel Africa
Airtel Africa is a leading provider of telecommunications and mobile money services, with operations in 14 countries in sub-Saharan Africa. Airtel Africa provides an integrated offer to its subscribers, including mobile voice and data services as well as mobile money services both nationally and internationally. The company's strategy is focused on providing a great customer experience across the entire footprint, enabling our corporate purpose of transforming lives across Africa.