LONDON — Airtel Africa's mobile money unit, Airtel Money, has priced its initial public offering at £1.96 per share, giving it a market value of about £5.3 billion ($7 billion). Existing shareholders are selling 270 million shares, with up to 27 million more available through an over-allotment option, for a free float of about 16.5 per cent. Admission to the London Stock Exchange was expected on 14 October. Airtel Africa said it will remain a long-term shareholder. Airtel Money's turnover was $1.4 billion in 2025.