October 2024: Madagascar’s Axian Telecom bought the remaining 20% of Agou Holding for US$32m, raising its indirect stake in Togocom (Togo Telecom + Togocel) to 51%, alongside the state’s 49%. Togocom, privatised to the Axian/ECP consortium in 2019 at an enterprise value >CFA 210bn (~US$353m) with a €245m seven-year investment plan, remains Togo’s digital infrastructure champion (ISOC centre opened October 2024).
Value: US$32m (verified against public announcements).
Advisers: No legal adviser is identified in the public record reviewed by The Meridian.
Recorded by The Meridian research desk from public announcements, regulatory filings and financial press coverage. Dates and values are as publicly reported.
