Madagascar multimillionaire Mamy Ravatomanga loses control of his Sodiat empire to courts
Billionaires Africa | 08.06.2026 22:47
The legal walls closing around Mamy Ravatomanga tightened further this week as a significant portion of his Sodiat Group, Madagascar's most sprawling private conglomerate, was placed under provisional judicial administration, sparking a public dispute between the courts and his family over who has the right to run a business empire built across decades.
