Bharti Airtel strengthens grip on Airtel Africa, acquiring ICIL’s 16.3% stake in Airtel Africa

Bharti Airtel Limited has completed a major internal restructuring, acquiring approximately 16.35% of Airtel Africa Plc’s issued share capital from Indian Continent Investment Limited (ICIL) in a share-for-share transaction finalized on June 22, 2026. The move increases Bharti Airtel’s direct shareholding in Airtel Africa to 79.22%, up from 62.32%, consolidating the group’s control over its Africa-focused telecoms subsidiary. Transaction Details Shares transferred: 595,204,251 ordinary shares of