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Madagascar
Salim Ismail slowly dismantles Socota empire

Reading time 2 minutes

Franco-Malagasy businessman Salim Ismaïl.
Franco-Malagasy businessman Salim Ismaïl. © Groupe Socota

The French-Madagascan entrepreneur Salim Ismail has been forced to scale back his group Socota to just its most profitable activities and say goodbye to some of its oldest lines of business.

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