Business

PUBLIC FINANCES – The IMF closely monitors reforms

Strengthening revenues and improving expenditure efficiency. This is, in essence, what the International Monetary Fund (IMF) evaluation mission recommends. In a statement released yesterday, the team led by mission chief Constant Lonkeng presented the conclusions of their working visit to Antananarivo last week. The visit aimed to assess the execution of the 2026 budget, examine […]

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Professional Excellence: Perspectives from Three Corporate Executives

Improving service quality, reducing waste, and mobilizing teams: operational excellence is built on a daily basis. In this joint interview, Michael Ratovoson, HR Director of Axian, Mahefa Randriamiarisoa, CEO of ACEP Madagascar, and Alp Bora, VP of Operations at ACPE, share their experiences and the conditions for success in an approach that is primarily human

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RURAL ELECTRIFICATION – Solar power for twenty-six localities in the South

Nearly a thousand customers could gradually gain access to solar electricity in 26 localities in southern Madagascar, thanks to a nanogrid project led by Metaplasco. This initiative aims to generate electricity as close as possible to rural populations to support small economic activities and improve living conditions. In areas far from conventional electrical infrastructure, the

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ECONOMIC FORUM – The CEO Summit Indian Ocean expands its regional footprint

The third edition of the CEO Summit Indian Ocean will be held on March 11 and 12, 2027, in Reunion Island at the MOCA Domaine de Montgaillard. Following two successful editions in Madagascar, this economic event aims to strengthen exchanges between Indian Ocean markets and facilitate connections between investors, executives, and institutions. According to a

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Climate Financing: Our Economic Ambitions Unveiled to Major Donors in Thailand

In Bangkok, Madagascar presented its Climate Prosperity Plan to major international financial institutions. The Minister of Economy and Finance advocated for a strategy combining resilience, economic transformation, and investment mobilization. Madagascar intends to turn its climate vulnerability into a lever for economic development. This was the message delivered yesterday, October 12. Captured & Published at:

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QMM: 13.7 Million USD in Dividends Paid to FSM in 2025

The mining sector is making a tangible contribution to the country’s socioeconomic development. The contributions from QIT Madagascar Minerals (QMM) serve as evidence of the economic impact of major mining projects. Furthermore, the project participates in local development initiatives. According to figures provided by QMM, the company has paid 13.7 million USD in dividends to

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“Fruit Attraction” 2026 – Madrid: A multinational company commits to purchasing 1,000 tons of quality lychees from Malagasy producers

Madagascar participated in the latest edition of “Fruit Attraction” 2026, the largest international fruit and vegetable trade fair in Europe, held over three days at IFEMA in Madrid, Spain. The event brought together more than 2,000 professionals from 145 countries to showcase the entire sector. Captured & Published at: 2026-10-13 09:24:30 (Madagascar Local Time EAT)

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BUDGET EXECUTION – A one-stop shop to accelerate public expenditure processing

The Ministry of Economy and Finance has consolidated several services into a one-stop shop to facilitate the processing of public expenditure files. Presented on October 12 in Ambatonakanga, the mechanism comes as the execution rate for domestically funded expenditures reaches approximately 62%. Bringing services together to reduce delays: The Ministry of Economy and Finance is

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LOCAL TRANSFORMATION – Agriculture and industry struggle to connect

Agriculture remains insufficiently linked to processing industries in Madagascar. A study by Dr. Hugues Rajohnson highlights the difficulties in supply and sector structuring, advocating for public support, particularly through fiscal measures. Madagascar struggles to connect its agricultural production to the needs of its industries. In a recent study on agricultural development and local transformation, Dr.

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METFP-MEN: Decree issued for the 150,000 Ar monthly allowance

The monthly administrative support allowance of 150,000 gross ariary for the administrative and technical staff of the Ministry of National Education (MEN) and the Ministry of Technical Education and Vocational Training (METFP) has been officially confirmed. The government ratified this measure through Decree No. 2026-2310 on October 8, 2026. With retroactive effect to July 1,

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