Axian Group
Overview
Axian Group is a diversified conglomerate based in Madagascar, operating across multiple sectors in Africa. The company focuses on telecommunications, financial services, energy, real estate, and open innovation & fintech, aiming to drive socio-economic transformation on the continent. With over 8,500 employees across 18 countries in Africa and the Indian Ocean, Axian Group is committed to promoting energy, financial, and digital inclusion. In the telecommunications sector, Axian Group owns Axian Telecom, which serves over 44 million customers and is Africa's sixth-largest mobile operator. The company has expanded through active acquisitions and significant network investments since 2015. In the financial services sector, Axian Group has invested in BNI Madagascar, a commercial bank operating in Madagascar, and launched the mobile money service MVola, which has become the leading mobile money operator in the Indian Ocean region. Axian Group's energy division, Axian Energy, focuses on providing clean, reliable, and accessible energy solutions across Africa. The company has invested in solar power plants, including the first solar farm in the Indian Ocean region. In real estate, Axian Group has developed properties such as First Immo in Madagascar. The open innovation & fintech division includes ventures like Mixx by Yas, a fintech platform operating in Senegal, Togo, and Tanzania, and WeLight, which connects entrepreneurs to solar energy solutions. Through these diverse investments, Axian Group aims to create a positive impact and foster sustainable development across Africa.
Investment Focus
- Focus on sectors such as telecommunications, financial services, energy, real estate, and open innovation & fintech
- Target companies operating in Africa
- Preference for investments that promote socio-economic transformation and inclusion
Portfolio Companies
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Unlock full contacts →Frequently asked questions about Axian Group
What sectors does Axian Group invest in?
Axian Group invests in Financial Services, Energy, Real Estate, Telecommunications and Open Innovation & Fintech, and is based in Madagascar. Axian Group is listed as a private equity in the ConnectSafely investor database.
What stage does Axian Group invest at?
Axian Group backs companies at Seed, Early Stage, Growth, Late Stage, Pre-IPO and Buyout.
Which regions does Axian Group invest in?
Axian Group invests across Ghana, Kenya, South Africa, Mali, Nigeria and Zambia.
Who are the partners at Axian Group?
Team members listed for Axian Group include Laurent Roineau (Chief Technical Officer, Axian Energy Cluster) and Hassanein Hiridjee (CEO).
What companies has Axian Group invested in?
Axian Group's portfolio includes Axian Telecom, BNI Madagascar, MVola, Axian Energy, First Immo, Mixx by Yas and WeLight.
How do I contact Axian Group?
Axian Group's contact details — including LinkedIn — are listed in the ConnectSafely investor database, along with its website and the LinkedIn profiles of its partners.
Last updated · Source: ConnectSafely investor database
