Madagascar billionaire Hassanein Hiridjee has raised $730 million to expand across Africa
Madagascar billionaire Hassanein Hiridjee has raised about $730 million from development lenders since 2025 to expand his Axian across Africa.
Axian Group
Madagascar billionaire Hassanein Hiridjee is formally elected to Jumia's board as the e-commerce group targets 2027 profitability
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.
Hassanein Hiridjee's Axian Group buys five Letshego units in pan-African banking push
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.
Hassanein Hiridjee's AXIAN Telecom brings Kamal Okba back as COO
Kamal Okba, a telecom veteran with over 25 years of industry experience, returns to AXIAN Group as chief operating officer of AXIAN Telecom.
Madagascan billionaire Hassanein Hiridjee’s Axian gets license for fully digital lender in Comoros
Axian secured a central bank license to launch a fully digital lender in Comoros, offering nano loans and micro loans through mobile phones.
Madagascan billionaire Hassanein Hiridjee pushes into Nigeria's clean energy market
Hassanein Hiridjee’s AXIAN is expanding into Nigeria through WeLight, targeting hundreds of mini grids in a major clean energy push.
Malagasy billionaire Hassanein Hiridjee's AXIAN Foundation renovates clinics in Antsirabe
AXIAN chief Hassanein Hiridjee backs renovation of four Antsirabe clinics, targeting better primary care for 185,000 residents.
Hassanein Hiridjee pushes Axian deeper into finance with VIA Assurance launch in Madagascar
Axian chief Hassanein Hiridjee has launched VIA Assurance in Madagascar, betting that simpler products and faster service can grow a thin insurance market.
Malagasy tycoon Hassanein Hiridjee’s AXIAN joins Mastercard to boost Africa payments
AXIAN and Mastercard team up to deliver safer digital payments and boost financial inclusion in Africa.
Malagasy tycoon Hassanein Hiridjee’s AXIAN rebrands fintech unit to expand digital banking across Africa
AXIAN rebrands fintech unit to Digibank & Fintech, expanding mobile money and digital banking across six African countries.
Madagascar’s second richest man says Africa’s growth will come from informal sector
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 backs Paris AI cybersecurity startup
Malagasy businessman Hassanein Hiridjee’s Axian joined a $3.5 million round for Paris-based Nucleon Security to scale AI-driven cyber defense.
AXIAN Energy expands solar power network in Senegal with $89-million deal
The financing will support the construction of the region's largest battery storage system alongside a photovoltaic array.
Hassanein Hiridjee’s AXIAN Group completes stake acquisition in Ivorian insurance startup
The acquisition, finalized in mid-July 2024, positions AXIAN as WiASSUR’s second-largest shareholder and grants the conglomerate a governance role.
