Airtel Africa Plc has announced a delay in the initial public offering (IPO) of its mobile money unit, Airtel Money, now scheduled for the second half of 2026. This decision comes in light of geopolitical tensions, particularly the ongoing war in Iran, which has influenced market conditions. The company, under the control of billionaire Sunil Mittal's Bharti Enterprises Ltd., aims to raise between $1.5 billion and $2 billion through the IPO, which will be conducted in London. Airtel Money has experienced significant growth, with mobile-money transactions in sub-Saharan Africa reaching $1.4 trillion in 2025, accounting for 66% of global activity in this sector. Airtel Africa is actively supported by international investors, including TPG Inc., Mastercard Inc., and an affiliate of Qatar’s sovereign wealth fund. The company operates in 14 countries and is listed on both the London and Lagos stock exchanges.