Malagasy billionaire Hassanein Hiridjee renames AXIAN Telecom as Yas Group
AXIAN Telecom has renamed itself Yas Group. It reported $980 million of revenue in the first half of 2026, up 26%, with 45.5 million subscribers.
Malagasy billionaires
Madagascar billionaire Hassanein Hiridjee has raised $730 million to expand across Africa
Madagascar billionaire Hassanein Hiridjee has raised about $730 million from development lenders since 2025 to expand his Axian across Africa.
Madagascar tycoon Mamy Ravatomanga's security firm severs ties with France's Amarante International
A security firm formerly linked to Madagascar's Mamy Ravatomanga has broken with France's Amarante International as his Sodiat Group empire faces deepening judicial pressure.