Madagascar billionaire Hassanein Hiridjee's Axian Telecom secures €170 million EBRD loan to expand African networks
Billionaires Africa | 15.06.2026 07:49
Axian Telecom, the pan-African telecoms group controlled by Hassanein Hiridjee, has secured a fresh development finance facility of up to €170 million ($184 million) from the European Bank for Reconstruction and Development to fund network expansion in Senegal and Kenya, adding significant capital firepower to an expansion programme that is reshaping mobile and broadband connectivity across sub-Saharan Africa.