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Madagascar: the Litchi Sector Impacted by the Arrest in Mauritius of Billionaire Mamy Ravatomanga

In Madagascar, after the arrest on Friday 24 October of Mamy Ravatomanga in Mauritius, the all-powerful boss of the Rajoelina era, the cards are rebuffed in the litchi sector, one of the country's most profitable export channels. Sodiat, the Malagasy businessman's company, which so far collected the largest share of the quotas, was excluded from the grouping of exporters of the small pink fruit. A few weeks from the beginning of the campaign, th…

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In Madagascar, after the arrest on Friday 24 October of Mamy Ravatomanga in Mauritius, the all-powerful boss of the Rajoelina era, the cards are rebuffed in the litchi sector, one of the country's most profitable export channels. Sodiat, the Malagasy businessman's company, which so far collected the largest share of the quotas, was excluded from the grouping of exporters of the small pink fruit. A few weeks from the beginning of the campaign, th…

·Paris, France
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In a muscular focus dated October 27, 2025, AFG Bank Madagascar is cutting the rumors: no, billionaire Maminiaina Ravatomanga, exiled to Mauritius in the wake of the hasty departure of Andry Rajoelina after the sling of the "GenZ", is neither shareholder nor beneficiary of the banking establishment. The bank sweeps "...

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Financial Afrik broke the news in on Tuesday, October 28, 2025.
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