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Hassanein Hiridjee's Axian Energy has secured a $60 million financing facility with Mauritius Commercial Bank to fund renewable energy expansion across six African countries.
Axian Energy has reached financial close on the NEA Kolda project, a 60MW solar and 72MWh battery storage plant in Senegal's Casamance region and the largest such hybrid facility in West Africa.
AXIAN Energy, led by Malagasy tycoon Hassanein Hiridjee, acquires Zambia’s Bangweulu Solar Plant to boost clean energy and expand access.
Hassanein Hiridjee’s AXIAN Energy backs a $58 million solar project in Ivory Coast to boost renewable power access.
AXIAN Energy partners with Sika Capital on a $53 million solar project to power 50,000 homes in Benin.
The funding will help several solar and hydroelectric projects across Africa, many of which have stalled due to a lack of early-stage financing, move beyond the planning phase.
AXIAN Energy, controlled by Hassanein Hiridjee, is set to build a solar-plus-storage facility in Senegal’s underserved Kolda region, boosting clean power access.
