Airtel Africa reported a pre-tax profit of $661 million for the full year ending March 31, 2025, reversing a pre-tax loss of $63 million in the previous fiscal year. Meanwhile, Safaricom posted an 11.2% revenue increase to KSh 388.7 billion (over $3 billion) for the same period, driven in part by its expansion into Ethiopia. The company’s earnings rose 10.8% to KSh 69.8 billion, surpassing analysts' expectations. However, Safaricom Ethiopia recorded a net loss of KSh 49.77 billion despite doubling its customer base. M-Pesa revenue also increased to KSh 161.1 billion. Safaricom plans to distribute dividends totaling KSh 48.08 billion to shareholders. In Nigeria, Airtel plans to double its capital expenditure in 2025 to accelerate 5G rollout and expand mobile coverage in rural areas.