Sipromad Group CEO Ylias Akbaraly plans several investments in the US and Africa

Africa Business+ spoke to the head of the Malagasy group last week.

17/10/2022 at 14h42, by Africa Business+

The CEO of the Malagasy family holding company, Redland, based in Mauritius, oversees the French group Thomson Broadcast, the Malagasy group Groupe Sipromad and the American company GatesAir. It is aiming for a €1 billion turnover in 2024-2025 (€235 million in 2019). Moreover, thanks to overall growth, the holding company will increase significantly to reach more than 10,000 employees in 2024 (more than 3,000 at the end of 2019).

Recommended articles

Capital Market & Private Equity

30/11/2022 at 18h27, by Africa Business+

Sean Wibberley to head up Homechoice International (HIL) Investco in South Africa

The new CEO will take up his post on 15 December, following the resignation of current CEO Gregoire...

Media

25/11/2021 at 19h28, by Africa Business+

Telecoms & Media

06/10/2021 at 15h44, by Africa Business+

Sipromad’s Thomson Broadcast to start production of TV transmitters in US 

The subsidiary of Ylias Akbaraly’s Madagascan group is working in parallel on expanding its operations...

Telecoms & Media

29/01/2021 at 15h25, by Gaëlle Arenson

Thomson Broadcast (SIPROMAD) team deploying DTT in Mali

Ylias Akbaraly’s group inherited the $50 million contract in partnership with France’s Camusat when...

Media

09/09/2020 at 13h21, by Gaëlle Arenson

Sipromad vs Euronews (Africanews) first hearing scheduled for 14 September in Paris

Last October, the Malagasy group owned by Ylias Akbaraly filed a lawsuit against Naguib Sawris’ television...

Any questions ? contact us

Please get in touch with the Africa Business+ team if you require any further information.

Email us : customer.care@africabusinessplus.com