A diversified group operating in telecom, energy, and finance across Africa and the Middle East.
Morocco’s Nucleon Security raises $3.5m to scale Zero Trust AI across Africa
Nucleon Security raised €3 million in seed funding to expand its cybersecurity solutions across Africa. The funding round was led by NewFund Capital with participation from several notable investors including Orange Ventures and Axian Group.
Axian Telecom CEO joins Jumia’s Supervisory Board amid acquisition rumours
Hassanein Hiridjee joins Jumia's Supervisory Board as Angela Mwanza resigns. Axian Telecom acquired an 8% stake in Jumia in June 2025, increasing to 9.18% valued at $52.5 million.
Moroccan fintech PayTic secures $4M to expand payment automation across Africa
PayTic secured $4 million in funding to enhance its payment automation solutions. The investment aims to support PayTic’s expansion into North and Sub-Saharan African markets.
Axian Group Backs Bosta, an Egyptian Startup, to Advance Delivery Optimization Tech
Axian Group has made a strategic investment in Bosta, an Egyptian startup reshaping the delivery processing and logistics landscape in Egypt and Saudi Arabia. Bosta has successfully delivered over 10 million shipments and has established itself as an industry leader.
