Malagasy tycoon Hassanein Hiridjee’s AXIAN invests in Egyptian tech fund
Hiridjee controls AXIAN, one of Madagascar’s largest conglomerates.
Hiridjee controls AXIAN, one of Madagascar’s largest conglomerates.
Aziz had a net worth of $900 million in 2015.
Axian group has grown to become Madagascar’s leading solar energy producer under the leadership of Hiridjee.
The deal fits perfectly with AXIAN Telecom’s ambitious growth plan.
Hiridjee said the transaction’s success reflects AXIAN Telecom’s resilient business model.
Following the deal, Eydon Petroleum’s operations will be integrated into Axian’s existing portfolio.
The investment highlights the group’s commitment to projects bolstering the global transition to renewable energy.
Millicom has announced an agreement to sell its Tanzania operations for an undisclosed amount to a consortium led by Axian Group.