Business

ENTREPRENEURSHIP – Miarakap describes 2025 as an ‘antifragile’ year in its annual report

2025 was not an easy year; it was, in fact, particularly challenging. Despite a context marked by institutional uncertainties in Madagascar and a complex international economic climate, Miarakap, a fund manager specializing in supporting entrepreneurs, claims to have emerged stronger. In its 2025 annual report, CEO Emmanuel Cotsoyannis describes the period as an “antifragile year.” […]

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ENTREPRENEURSHIP – FOM partners with Clood Madagascar to accelerate the digital transformation of Malagasy small businesses

Small and very small Malagasy businesses are set to gain easier access to digital solutions. The partnership agreement signed on Thursday between the Association of Malagasy Enterprises (FOM – Fikambanan’ny orinasa Malagasy) and the start-up Clood Madagascar aims primarily to accelerate their digital transformation. Under the agreement, FOM members will benefit from exclusive preferential terms

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Financial Inclusion: Renewal of the Airtel Money-Baobab Banque Madagascar partnership for bank-to-wallet and wallet-to-bank services

A step forward in financial inclusion. Thanks to the strategic partnership between Airtel Money and Baobab Banque Madagascar, banking transactions can now be performed more easily 24/7 to or from a mobile phone. This is the main advancement brought by the strategic partnership, the renewal of which was signed yesterday between the two entities. Captured

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Impact Investment: Miarakap Surpasses 70 Billion Ariary in Assets Under Management

Despite a particularly challenging economic and institutional environment, Miarakap asserts that it strengthened its role in financing and supporting Malagasy companies in 2025. Its annual activity and impact report, themed around “antifragility,” highlights over 70 billion ariary in assets under management and more than 3,000 jobs created. Captured & Published at: 2026-07-17 06:57:26 (Madagascar Local

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2026 Rectified Finance Law: “Budgetary balance respected,” according to the HCC

The High Constitutional Court (HCC) rendered its decision on the 2026 Rectified Finance Law the day before yesterday, five days after the referral by the President of the Republic of Madagascar. With a total of 30,731,751,721 (in thousands of Ariary), the High Constitutional Court stated that “the amount of revenue corresponds to that of expenditures,”

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PROFESSION – Cart rental serves as a vital income source

Behind the constant hustle and bustle of goods porters in Ambodivona, a discreet yet essential activity is thriving. The rental of handcarts and rickshaws allows many workers to transport goods for their clients daily without needing to invest in their own equipment. The principle is simple: owners make their equipment available to porters, who use

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COMMERCE – Madagascar strengthens consumer protection

Madagascar is strengthening competition and consumer protection through a workshop organized in collaboration with COMESA. According to the Minister of Commerce and Consumer Affairs, Haingotiana Michela Angela Andriamadison, this initiative is part of the State’s policy to establish healthy competition, which is essential for attracting investors, fostering business development, and ensuring consumers have access to

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BANKING – BNI Madagascar launches remote account opening service via its mobile application

Did you know that it is now possible to open a bank account without visiting a branch? This remote account opening feature is now available through the BNI Madagascar mobile application. This initiative aims to address the geographical and time constraints faced by a portion of the Malagasy population regarding access to financial services. In

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ENVIRONMENT – Madagascar considers developing a legal framework and national policy for green jobs

Madagascar has initiated discussions on establishing a legal framework and a national policy for green jobs. A three-day roundtable held in Antaninarenina brings together relevant ministries and technical and financial partners to assess the current state of green jobs and skills before their formalization. The goal is to identify and evaluate existing green jobs and

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Anti-Money Laundering: The National Framework Faces the ESAAMLG ‘Grand Oral’

Since this Monday, Madagascar has been hosting an on-site evaluation mission conducted by experts from the Eastern and Southern Africa Anti-Money Laundering Group (ESAAMLG). Scheduled to run until July 30, this decisive stage will assess the effectiveness of the national framework for combating money laundering, terrorist financing, and the financing of proliferation. Captured & Published

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