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Currency effects - historical trends Historical Trends CAGR Currency Sep 2017 Sep 2019 Sep 2022 3-year 5-year NGN 306.0 362.1 436.8 6.5% 7.4% UGX 3,605.4 3,685.0 3,855.0 1.5% 1.3% TZS 2,244.2 2,299.0 2,330.0 0.4% 0.8% ZMK 9.7 13.2 15.8 6.2% 10.4% MWK 723.8 732.6 1,026.4 11.9% 7.2% KES 103.2 103.9 120.7 5.1% 3.2% RWF 833.0 923.3 1,058.6 4.7% 4.9% CFA 555.0 599.2 670.8 3.8% 3.9% MGA 3,031.3 3,762.5 4,232.5 4.0% 6.9% SCR 13.8 13.7 14.6 2.1% 1.1% Note: based on closing exchange rate airtel | Africa 42

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