Axian Telecom, a subsidiary of Hiridjee’s conglomerate, hopes to use the funds to support its operations in Tanzania and Madagascar.
"Axian Group"
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- East Africa
Malagasy businessman Hassanein Hiridjee’s AXIAN Telecom becomes majority owner of ‘Free in Senegal’
Under Hiridjee, AXIAN Telecom has achieved remarkable growth through active acquisitions and substantial network investments since 2015.
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AXIAN Group is a pan-African conglomerate.
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Hiridjee controls AXIAN, one of Madagascar’s largest conglomerates.
- Hot News
Malagasy businessman Hassanein Hiridjee’s AXIAN Telecom closes acquisition of Milicom’s operations in Tanzania
The deal fits perfectly with AXIAN Telecom’s ambitious growth plan.
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Hiridjee said the transaction’s success reflects AXIAN Telecom’s resilient business model.
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Hiridjee and his Axian Group have executed a few telecom deals in Africa in the last few years.
- East Africa
Madagascan tycoon Hassanein Hiridjee acquires Millicom’s Tanzanian operations
by Ishioma Emiby Ishioma EmiMillicom has announced an agreement to sell its Tanzania operations for an undisclosed amount to a consortium led by Axian Group.
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Aziz, made history in 2013 when Forbes recognized him as the first Tanzanian to achieve a billion-dollar fortune.
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Meet 25 Indian immigrant entrepreneurs who have built multimillion- and billion-dollar businesses and fortunes in Africa.Â