Airtel Africa plc has announced a strategic partnership with MoneyGram, a global leader in cross-border P2P payments and money transfers.

Airtel Africa Plc Initial Public Offer (IPO) share price is expected to be traded between N363 and N454 ordinary share, a report has disclosed. Our gathered the telecommunication company y has commenced book-building on the Nigerian Stock Exchange (NSE) and London Stock Exchange and it is expected to determine the Offer Price of the company and the final price is to be announced this Friday.

The second largest telecommunications group in Africa, Airtel Africa Plc, is set to sell its shares to Nigerian investors at between N363 and N454 per share. The company in an offer prospectus obtained by newsmen in Lagos said the shareholders’ offer was part of its global offer to raise 750 million dollars.