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Organization · Private Equity

SONAPAR

SONAPAR, or Société Nationale de Participations, is a public limited company in Madagascar that focuses on investment and asset management, providing equity and quasi-equity financing to businesses with economic potential.

Private EquityFunder
Official website (opens in a new tab)

Overview

What SONAPAR does

What SONAPAR is

SONAPAR, or Société Nationale de Participations, is a public limited company in Madagascar that focuses on investment and asset management, providing equity and quasi-equity financing to businesses with economic potential.

How it participates in the startup ecosystem

The current public profile supports funder capabilities. Each capability below is shown separately so organization identity and role-specific information do not get conflated.

Operational profile

Organization status and context

Organization status describes the entity itself. Funding and program availability appear within the relevant capability profile.

Operational status
Active
Organization type
Private Equity
Founded
Founded in 1991
Approximate age
About 35 years
Structured capabilities
Funder
Last reviewed
March 28, 2026

Official channels

Find SONAPAR elsewhere

Open the official website or a supported primary organization account.

Capability profile

SONAPAR as a funder

Investment thesis

SONAPAR focuses on investment and asset management, specifically financing businesses through equity or quasi-equity.

Focus narrative

SONAPAR invests in businesses with economic potential, providing capital for growth and development. The organization aims to enhance access to various financing models for Malagasy enterprises, aligning its offerings with the new banking laws in Madagascar.

Value beyond capital

SONAPAR enhances access to various financing models for Malagasy enterprises, supporting their growth and development.

Focus and fit

Regions
Africa

Availability

Currently deploying
Not published

Portfolio and track record

Recorded portfolio count
24

Portfolio context

SONAPAR's portfolio includes a mix of large industrial firms and small to medium enterprises (SMEs). Notable companies in its portfolio include SOCOBIS, ZAHAMOTEL, SONINVEST, SONIMMO, SOMAPECHE, SOMALAVAL, SOMACRAM, SOMACOU, IMPERIAL BRANDS, SMATP, SIPED, SIRAMA, SIGMA, MADAGASCAR AIRTOURS, IFRA, PANOMAD, NY HAVANA, FANALAMANGA, AIR MADAGASCAR, COTONA, CHOCOLATERIE ROBERT, ARO, ARO IMMO, AREPLAST, and ADEMA.

Connected ecosystem

Continue from SONAPAR

These links use structured organization type, sector, and regional relationships. They do not imply endorsement or commercial similarity.

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Structured regional focus

AfricaContinent · 1,771 organizations

Common questions

What to know about SONAPAR

Upseed classifies SONAPAR under the Private Equity organization type. Its current public profile includes funder capabilities.

Next step

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Return to the organization index or continue through a verified sector, place, peer, or program connected to this profile.

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Source and update disclosure

Know what this page is based on

Source basis

Public organization and program material, official websites, and structured Upseed records.

Last reviewed

March 28, 2026

Known limits

Capability profiles appear only when a structured public profile also contains decision-useful role evidence. Terms and availability can change.

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