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Madagascar’s second richest man says Africa’s growth will come from informal sector

Hassanein Hiridjee, chief executive officer of the Axian Group, said the future economic engine of Africa will come from its informal sector, and that unlocking access to finance for small firms will be essential for the continent’s development.In an interview with Africa Radio, Hiridjee acknowledged that African nations must contend with climate change, food insecurity and energy constraints, but he emphasized that the continent has abundant so…
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Billionaires.Africa broke the news in on Wednesday, October 8, 2025.
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