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Jumia shareholders formally elected Hassanein Hiridjee to the supervisory board on May 15 with 98% support, cementing Axian's governance role as the NYSE-listed e-commerce group targets 2027 profitability.
Madagascar billionaire Hassanein Hiridjee's Axian Group is buying five Letshego banking subsidiaries in Ghana, Tanzania, Nigeria, Rwanda and Uganda, deepening its pan-African banking footprint.
Kamal Okba, a telecom veteran with over 25 years of industry experience, returns to AXIAN Group as chief operating officer of AXIAN Telecom.
Axian secured a central bank license to launch a fully digital lender in Comoros, offering nano loans and micro loans through mobile phones.
Hassanein Hiridjee’s AXIAN is expanding into Nigeria through WeLight, targeting hundreds of mini grids in a major clean energy push.
AXIAN chief Hassanein Hiridjee backs renovation of four Antsirabe clinics, targeting better primary care for 185,000 residents.
Axian chief Hassanein Hiridjee has launched VIA Assurance in Madagascar, betting that simpler products and faster service can grow a thin insurance market.
AXIAN and Mastercard team up to deliver safer digital payments and boost financial inclusion in Africa.
AXIAN rebrands fintech unit to Digibank & Fintech, expanding mobile money and digital banking across six African countries.
Hassanein Hiridjee, CEO of Axian Group and Madagascar’s second richest man, says Africa’s economic future depends on empowering millions of small informal businesses with access to clean energy and fairer financing.
Malagasy businessman Hassanein Hiridjee’s Axian joined a $3.5 million round for Paris-based Nucleon Security to scale AI-driven cyber defense.
The financing will support the construction of the region's largest battery storage system alongside a photovoltaic array.
The acquisition, finalized in mid-July 2024, positions AXIAN as WiASSUR’s second-largest shareholder and grants the conglomerate a governance role.
This acquisition follows AXIAN’s collaboration with GreenYellow a year ago, which brought a groundbreaking 1.8MW solar photovoltaic power plant to Madagascar’s Sava region.