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.
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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.
Axian Telecom agreed to acquire Wananchi Group for $63 million, adding enterprise fibre and connectivity assets in Kenya, Tanzania and Uganda.
AXIAN Energy, led by Malagasy tycoon Hassanein Hiridjee, acquires Zambia’s Bangweulu Solar Plant to boost clean energy and expand access.
IFC has committed $62.5 million to support Hassanein Hiridjee’s AXIAN Telecom in acquiring East African pay-TV and broadband provider Wananchi Group.
Hassanein Hiridjee’s AXIAN Energy backs a $58 million solar project in Ivory Coast to boost renewable power access.
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 faces a Uganda tower takeover dispute as AXIAN expands across Africa.
By extending his reach into e-commerce, he is positioning Axian to play a central role in shaping the next phase of Africa’s digital retail industry.
AXIAN Energy partners with Sika Capital on a $53 million solar project to power 50,000 homes in Benin.
AXIAN Telecom secures $600M in bond funding to deepen digital reach, expand broadband, and connect millions across Africa.
AXIAN Telecom secures $28.8 million from IFC to expand broadband in Comoros, including 5G rollout and fiber upgrades starting in 2025.
With Jumia’s market capitalization approaching $400 million, AXIAN’s growing interest underscores its faith in the platform’s renewed business focus.
The deal comes as longtime backer Baillie Gifford sold off its remaining shares in Jumia, closing the book on a multi-year bet on the e-commerce platform.
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.