Becoming the African Champion of the ENERGY New Deal

To enable as many Africans as possible to benefit from a clean, reliable, and accessible source of energy.

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November 12, 2024

EAAIF, FMO AND DEG PROVIDE EUR 84 MILLION TO AXIAN ENERGY TO FINANCE A 60MW SOLAR ENERGY AND 72MWH ENERGY STORAGE SYSTEM IN SENEGAL

The Emerging Africa & Asia Infrastructure Fund (EAAIF) and the Dutch entrepreneurial development bank (FMO) acting as Co-Mandated Lead Arrangers, alongside Deutsche Investitions- und Entwicklungsgesellschaft mbH (DEG), have announced today a EUR 84 million investment.

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AXIAN ENERGY PATTERN

AXIAN Energy

in a nutshell

MALI ZAMBIA IVORY C O AST M OZAMBIQUE SENEGAL BURKINA F ASO CONGO MA DA GASCAR M A URITIUS R W AN D A SIERRA LEONE COUNTRIES WITH OPER A TIONS AD V ANCED PIPELINE PIPELINE Our 2030 objective OUR PRESENCE of installed r enewable power 1GW CAMEROON KEN Y A T ANZANIA ZIMBABWE
carte de l'afrique représentative des activités du groupe sur mobile
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OUR BUSINESS ACTIVITIES

AXIAN Energy regroups 6 subsidiaries

Renewable
Energy

We innovate to provide clean, sustainable, and accessible energy solutions.

Energy
Transition

We reinvent ourselves to promote the use of more environmentally friendly energy sources.

POSITIVE IMPACT &
SUSTAINABLE
DEVELOPMENT

Positive impact is at the heart of AXIAN Energy‘s operational strategy. Our activities are carried out responsibly in order to transform the daily lives of African populations.
We are taking concrete action to meet socio-economic and environmental objectives by helping to achieve the United Nations’ sustainable development goals.
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Jobs created

Our projects create jobs across Africa that shape the lives of communities.
740
Direct jobs created (2023)

Carbon footprint

65 000 tons/year
CO2 emissions avoided by AXIAN Energy green thanks to the Ambatolamp power plant

Rural electrification

40,000
Homes connected in Madagascar and Mali  with Welight

HSSES Policies

AXIAN Energy is committed to continuously evaluating, assessing and improving its technologies, processes, services and practices in order to guarantee the safety of its facilities and the protection of its employees at all times, and to comply with environmental standards within the scope of its operations..
Jobs created
Carbon footprint
Rural electrification
HSSES Policies
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ENVIRONMENT AND CLIMATE

Action

  • Accelerating Africa’s energy transition by developing renewable solutions
  • Compliance with IFC and EHS standards with regard to environmental, social, health, safety and biodiversity aspects.

Achievements

  • 65,000 tons of CO2 avoided by 2023 thanks to the Ambatolampy solar power plant
  • Major player in solar energy production in Madagascar (NEA Ambatolampy, the largest solar farm in the Indian Ocean).

INNOVATION AND INVESTMENT 

Action

  • Integrating a sustainable business model into our core activities
  • Deploying innovative solutions to support our customers and various stakeholders
  • Working with sustainable entities to contribute to the country’s investment and competitiveness

Achievements

  • Partnership with NGOs to deploy solar energy systems
  • WeLight is the first B-CORP certified company in Madagascar

ENTREPRENEURSHIP AND SKILLS

Action

  • Supporting the entrepreneurial ecosystem: encouraging legal formalization and improvements in social coverage
  • The entity participates in local job creation, respecting the principle of equity and parity.
  • The entity develops skills and leadership within the company.

Achievements

  • ISO 45 001 certification for health and safety management systems
  • More than 500 SMEs electrified and more than 2,500 businesses connected.

POPULATION AND INCLUSION

Action

  • The entity provides access to essential goods and services
  • Assessing our impact on low-income or isolated populations and implementing social actions
  • Adapting our offers or programs to low-income populations

Achievements

  • Provision of an adapted electrification system for 140 villages in Africa
  • 740 direct jobs generated by the activities of the Energy division in 2023
  • 200,000 people connected in rural areas

     
ENVIRONMENT
AND
CLIMATE
INNOVATION
AND
INVESTMENT 
ENTREPRENEURSHIP
AND
SKILLS
POPULATION
AND
INCLUSION

AXIAN Energy
leadership team

A team of highly qualified professionals with extensive experience in Africa and in the development of energy projects

Benjamin Memmi

CHIEF EXECUTIVE OFFICER


Previously CEO of Jovena, he led the transformation of the company, which is now the leading distributor of petroleum products in Madagascar.

He also successfully oversaw the development and construction of the largest solar farm in the Indian Ocean.

Email : [email protected]

Romiald Noussi

CHIEF OPERATING OFFICER


A seasoned operations manager, he brings expertise in engineering, industrial automation, controls, HSE (health, safety and environment) and risk management.

He has managed 40 sites, supervised 509 employees, coordinated 250 subcontractors, and managed 1,150 MW of leased capacity.

Email : [email protected]

Laurent Roineau

CHIEF TECHNOLOGY OFFICER


He has implemented several ESCO projects as Group Technology Manager at Camusat.

He launched the very first TowerCo in Madagascar and has managed several projects in the energy sector.

Email : [email protected]

Nicolas Delaunay

CHIEF INVESTMENT OFFICER


As M&A Project Manager at Scatec, Nordfund and SN Power, he led large-scale investments.

He has completed several deals in the renewable energy sector across emerging markets.

Email : [email protected]

Vincent Viallard

CHIEF FINANCIAL OFFICER


As CFO of Jovena, he helped transform the company into a leader in Madagascar.

He was at the heart of the development of the largest solar power plant in the Indian Ocean.

Email : [email protected]

Frédéric Sismondi

CORPORATE FINANCE DIRECTOR


He led several major structured finance transactions at Proparco,

He has carried out a number of capital and rating advisory assignments for European insurers.

Email : [email protected]

Véronique Perdigon

SECRETARY GENERAL


As a board member of WeLight, she contributed to the development of a sustainable business model for mini-grids.

As CEO of NEA Madagascar, she led the first operator of solar installations on the island.

Email :  [email protected]

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Interview with
Benjamin Memmi

Our Energy New Deal:
to create innovative, affordable energy solutions that are accessible to all.

Find out more in our Interview with Benjamin Memmi, CEO of our Energy Cluster,
where he discusses the AXIAN Group's vision
for Africa's energy transition !