Mauritian tycoon Arnaud Lagesse bets on African consumers as IBL revenue tops $2 billion
Billionaires Africa | 26.07.2026 06:05
Arnaud Lagesse, the executive who assembled Mauritius's largest conglomerate by merging two family holdings a decade ago, has pushed IBL Group's capital toward African consumers to the point where most of its revenue now comes from outside Mauritius and a Kenyan supermarket chain has become its principal growth engine.
