Hasnaine Yavarhoussen, is a prominent figure in Madagascar’s business community and a role model for its youth. Despite economic challenges in the country, characterized by significant income disparities, Madagascar is poised for a new direction post-revolution. Yavarhoussen, a key player in local entrepreneurship and charitable endeavors, is sought after for consultation by the new government due to his extensive experience on the African continent. Despite facing criticism from detractors, he and his family, through the Filatex Group, have made substantial contributions to Madagascar’s economy by creating thousands of jobs.
Yavarhoussen is recognized for his style, charisma, and ability to effortlessly embody various roles. His humility and distinct flair have earned him admiration, portraying him as a modern trendsetter in Madagascar’s vibrant economic landscape.
As a Malagasy businessman of Indian descent, Yavarhoussen has garnered attention from prestigious media outlets like Forbes and Top CEO. He is also supported by the Africa Dubai Business Summit (ADBS), a significant platform endorsed by the Royal families of the United Arab Emirates and other influential African business figures. 
Established in 1979, the Filatex Group, led by Yavarhoussen, operates across four main sectors: real estate, energy, free zones, and ventures. The group holds a prominent position in Madagascar’s energy sector, meeting a substantial portion of the country’s electricity demand. In real estate, Filatex is one of the largest private landowners, developing new communities with green spaces and educational facilities, particularly in the capital city. Additionally, Filatex manages the country’s largest free zone, contributing to job creation and economic growth. Through its ventures portfolio, the group invests in projects aligned with its strengths in energy and real estate, enhancing Madagascar’s branding and positioning in the market.
