REG - Airtel Africa PLC - Nigeria PSB commencement of operations

Airtel AfricaAnnouncement

19/05/2022 07:00

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RNS Number : 0002M  Airtel Africa PLC  19 May 2022

 

Airtel Africa plc

 

('Airtel Africa', or the 'Group')

 

 Nigeria PSB commencement of operations

 

London and Lagos, 19 May 2022: Airtel Africa, a leading provider of
telecommunications and mobile money services, with a presence in 14 countries
across Africa, today announces that its subsidiary SmartCash Payment Service
Bank Limited ('SmartCash PSB'), has commenced operations in Nigeria.

Services will initially be available at selected retail touchpoints, and
operations will be expanded gradually across the country over the next few
months.

Segun Ogunsanya, chief executive officer, said:

"I am very excited to announce our commencement of operations for financial
services in Nigeria through SmartCash PSB. This is the beginning of our
journey to revolutionise the financial services landscape in the country. To
help further digitise the economy, and most importantly to help bank the
unbanked by reaching the millions of Nigerians who do not currently have
access to financial services by delivering current and savings accounts,
payment and remittance services, debit and prepayment cards and more
sophisticated services."

 

 

-ENDS-

 

 

Enquiries

 

 Airtel Africa - Investor Relations

 Pier Falcione                                                            +44 7446 858 280

 Morten Singleton                                                         +44 7464 830 011

 Investor.relations@africa.airtel.com                                     +44 207 493 9315
 (mailto:Investor.relations@africa.airtel.com)

 Hudson Sandler                                                           +44 207 796 4133

 Nick Lyon

 Emily Dillon

 airtelafrica@hudsonsandler.com (mailto:airtelafrica@hudsonsandler.com)

 

About Airtel Africa

Airtel Africa is a leading provider of telecommunications and mobile money
services, with a presence in 14 countries in Africa, primarily in East Africa
and Central and West Africa.

Airtel Africa offers an integrated suite of telecommunications solutions to
its subscribers, including mobile voice and data services as well as mobile
money services both nationally and internationally.

The Group aims to continue providing a simple and intuitive customer
experience through streamlined customer journeys.

www.airtel.africa (http://www.airtel.africa)

 

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