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.
Hassanein Hiridjee
Malagasy billionaire Hassanein Hiridjee's Fondation H to close Paris art space in September
Fondation H, created by Franco-Malagasy magnate Hassanein Hiridjee, will close its Paris art space in September to refocus on the African continent.
Madagascar billionaire Hassanein Hiridjee's Axian Energy secures $60 million loan from MCB to expand renewable energy across Africa
Hassanein Hiridjee's Axian Energy has secured a $60 million loan from MCB Group to fund its renewable energy expansion across multiple African markets.
Madagascar billionaire Hassanein Hiridjee's AXIAN Energy raises $60 million to expand renewable power across Africa
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.
Madagascar billionaire Hassanein Hiridjee's Axian Telecom secures €170 million EBRD loan to expand African networks
Hassanein Hiridjee's Axian Telecom has lined up a fresh €170 million EBRD loan to expand mobile and fibre infrastructure across Senegal and Kenya.
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.
Malagasy billionaire Hassanein Hiridjee's AXIAN secures 300 million euros from Proparco to expand energy infrastructure across Africa
Hassanein Hiridjee's AXIAN Group signed a 300 million euro deal with Proparco to accelerate digital and energy infrastructure across Africa over three years.
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.
Malagasy billionaire Hassanein Hiridjee's AXIAN Telecom revenue hits $1.69 billion in 2025 results
AXIAN Telecom posted full-year 2025 revenue of $1.69 billion, up 20.2%, as acquisitions and mobile data growth accelerated across its African markets.
Hassanein Hiridjee's Axian Energy reaches financial close on West Africa's largest solar and battery storage project in Senegal's Casamance region
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.
Madagascar tycoon Hassanein Hiridjee backs USDh stablecoin through AXIAN Investment
AXIAN Group CEO Hassanein Hiridjee has backed Hamilton Labs' USDh stablecoin, betting digital dollars can solve Africa's savings and payments problems.
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.
Malagasy tycoon Hassanein Hiridjee's AXIAN Telecom partners with AST SpaceMobile for satellite broadband in Africa
AXIAN Telecom and AST SpaceMobile have teamed up to deliver satellite broadband directly to standard smartphones across Africa's most underserved communities.
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.