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AXIAN, led by Madagascar billionaire Hassanein Hiridjee, has signed €30 million of financing to build four solar plants with 62 megawatts of capacity in Benin.
Madagascar billionaire Hassanein Hiridjee’s AXIAN Energy has joined Guinea’s Khoumagueli solar project, with construction targeted for 2027.
A solar plant in northern Ivory Coast co-owned by Hassanein Hiridjee's AXIAN has secured up to €55.5 million in 20-year loans from Dutch lender FMO.
Hassanein Hiridjee’s Axian has signed a power purchase agreement with Africa GreenCo for the 200 MW Kudu solar plant, its biggest project yet in Zambia.
Hassanein Hiridjee's Stellarix is adding data center capacity in Senegal as Axian pushes deeper into the digital infrastructure behind cloud and AI services.
Hassanein Hiridjee's Axian Foundation has opened its 250th school in Madagascar, at Ambahikily in the south-west, after 15 years of building.
AXIAN Telecom has renamed itself Yas Group. It reported $980 million of revenue in the first half of 2026, up 26%, with 45.5 million subscribers.
AXIAN Group and the African Development Bank have launched a digital finance programme reaching 34,000 women-led businesses in five countries.
Axian's Jovena was one of four distributors that ran Madagascar's fuel imports for 27 years. A state agency has now taken the JIRAMA contract.
Axian Telecom's half-year revenue rose 26.5% to $980 million, but second-quarter profit fell to $33.2 million on Jumia and Wananchi valuations.
Hassanein Hiridjee's Axian has backed Jumia's $50 million raise alongside the World Bank's IFC, as the e-commerce group narrows its losses.
Madagascar billionaire Hassanein Hiridjee has raised about $730 million from development lenders since 2025 to expand his Axian across Africa.
Fondation H, created by Franco-Malagasy magnate Hassanein Hiridjee, will close its Paris art space in September to refocus on the African continent.
Hassanein Hiridjee's Axian Energy has secured a $60 million loan from MCB Group to fund its renewable energy expansion across multiple African markets.
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.
Hassanein Hiridjee's Axian Telecom has lined up a fresh €170 million EBRD loan to expand mobile and fibre infrastructure across Senegal and Kenya.