AXIAN Energy expands its footprint in Africa

From the newsletter

Madagascar-based AXIAN Energy has strengthened its African presence with the acquisition of the 54 MW Bangweulu Solar Plant in Zambia. The deal marks the company's entry into onshore Southern Africa, following four years of operations across the continent, primarily in West Africa, where it has developed 400 MW of solar projects.

• Just a week ago, the company opened its new offices in Nairobi, its second in Africa after Dakar, as it continues its pan-African expansion strategy to meet the growing demand for renewable energy.

• Several other energy firms are also broadening their footprint across the continent. Solar Panda recently entered Senegal and Zambia, while CrossBoundary Access expanded operations to Madagascar.

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