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Hassanein Hiridjee’s AXIAN Telecom secures $28.8 million loan after Jumia stake deal
Summary by Billionaires.Africa
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Hassanein Hiridjee’s AXIAN Telecom secures $28.8 million loan after Jumia stake deal
Key PointsAXIAN Telecom’s Yas Comoros unit secured a $28.8 million loan from IFC to expand broadband and boost digital access across the Comoros islands.The funding will support 5G, FTTH, and FTTO rollouts starting in 2025, enhancing services for consumers, SMEs, and public institutions.AXIAN Telecom is ramping up its pan-African growth, with over 42.9 million mobile subscribers and $1.4 billion in annual revenue.AXIAN Telecom, the pan-African t…
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