Malagasy tycoon Hassanein Hiridjee’s AXIAN Energy backs $58 million solar project in Ivory Coast
Hassanein Hiridjee’s AXIAN Energy backs a $58 million solar project in Ivory Coast to boost renewable power access.
Hassanein Hiridjee
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.
Uganda court battle puts Malagasy businessman Hassanein Hiridjee in spotlight
Malagasy businessman Hassanein Hiridjee faces a Uganda tower takeover dispute as AXIAN expands across Africa.
Malagasy businessman Hassanein Hiridjee joins Jumia board after $110 million shareholding
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.
Malagasy tycoon Hassanein Hiridjee’s AXIAN Energy to build $53 million solar plants in Benin
AXIAN Energy partners with Sika Capital on a $53 million solar project to power 50,000 homes in Benin.
Hassanein Hiridjee’s AXIAN Telecom raises $600 million to expand connectivity in Africa
AXIAN Telecom secures $600M in bond funding to deepen digital reach, expand broadband, and connect millions across Africa.
Hassanein Hiridjee’s AXIAN Telecom secures $28.8 million loan after Jumia stake deal
AXIAN Telecom secures $28.8 million from IFC to expand broadband in Comoros, including 5G rollout and fiber upgrades starting in 2025.
Hassanein Hiridjee’s AXIAN Telecom sees promise in Africa’s digital economy with $35 million Jumia stake
With Jumia’s market capitalization approaching $400 million, AXIAN’s growing interest underscores its faith in the platform’s renewed business focus.
Malagasy businessman Hassanein Hiridjee’s AXIAN Telecom takes stake in Jumia
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.
Malagasy tycoon Hassanein Hiridjee's AXIAN Energy gets $5 million for renewable projects
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.
Hassanein Hiridjee powers Senegal’s solar future
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.
Hassanein Hiridjee's AXIAN Telecom secures $100 million for expansion
AXIAN Telecom has secured $100 million from EIB Global to expand 4G and 5G in Madagascar and Tanzania, enhancing digital access and inclusion.
Malagasy businessman Hassanein Hiridjee’s AXIAN Telecom lands $160 million financing to enhance infrastructure
This will enable AXIAN to modernize its network infrastructure, expand 4G and 5G services, and fuel digital innovation across its operations.
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.
