Hassanein Hiridjee's Axian raised a 170-million-euro EBRD telecom loan and $60 million for renewables, funding African infrastructure with global capital.
AFRICA · INFRASTRUCTURE
Key Facts
—The double deal: Hassanein Hiridjee’s Axian group secured two financings in two days, one for telecoms and one for energy.
—Telecoms: Axian Telecom landed a 170-million-euro loan from the European Bank for Reconstruction and Development to expand mobile and fibre in Senegal and Kenya.
—Energy: Axian Energy raised $60 million to grow renewable-power capacity across the continent.
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