Business

Madagascar aims to leverage its new international responsibility to strengthen its cocoa sector. On the occasion of World Cocoa Day, celebrated on October 1st, the country highlighted the prospects opened by its accession to the presidency of the International Cocoa Council for the 2026-2027 cocoa year. This role is held by Philippe Fontayne, Vice-President of […]

Madagascar is seeking to mobilize funds to develop its livestock sector. More than 1.7 trillion ariary is needed to restructure the industry. Long neglected, the livestock sector suffers from chronic underinvestment. The cards must be reshuffled to ensure the growth of this sector, which accounts for 13% of the national GDP. Yesterday, during high-level panels

After several years marked by financial and operational difficulties, the Naval Studies, Construction and Repair Company (Secren S.A.) aims to turn a new page in its history. The 10 billion ariary capital increase, authorized by decree on August 4, 2026, and allowing for the participation of the Malagasy State, is one of the main levers

The IMF Executive Board has approved the third and fourth reviews of the Extended Credit Facility (ECF) and the Resilience and Sustainability Facility (RSF) programs for Madagascar, authorizing a disbursement of $155 million. This approval comes with conditions, including a waiver regarding performance criteria related to the automatic fuel price adjustment mechanism. The government has

Jirama highlights a clear improvement in its production compared to 2025. However, the drop in water levels at Andekaleka and the breakdown of a combustion turbine continue to weigh on the supply. The Antananarivo Interconnected Network (RIA) requires a power capacity of 225 MW in the morning and 270 MW in the evening, according to

The Manantenina bauxite mining project, located in the Tolagnaro district (Anosy region), has reached a new milestone. Picadilly Management Limited has been selected following an international call for tenders. Out of seven companies that expressed interest, three reached the final phase. The selected operator must now negotiate the mining specifications with the State and complete

The Antananarivo-East Coast (TCE) and Antananarivo-Antsirabe (TA) railway lines are set for rehabilitation. The ports of Mahajanga and Toliara will undergo renovations, while the Pangalanes Canal, between Mananjary and Vohipeno, will be redeveloped. Additionally, the airports of Toamasina and Tolagnaro are slated for modernization. These projects are among the primary beneficiaries of the $300 million

“We will start this project as soon as the final details, which do not disadvantage either party, are finalized.” Colonel Michaël Randrianirina, President of the Refondation, announced the imminent start of construction for the Volobe Amont hydroelectric dam. On Wednesday, he presided over the signing ceremony of a memorandum of understanding (MoU) that sets the

In Ambohidahy, Content Lab Academy does not just train on a specific tool. It installs artificial intelligence capabilities within companies that allow the same team to produce more. Its founder, Eliane Ranosy, first demonstrated this in her own company. In October, she is launching two new training programs: Claude Code for… Captured & Published at:

Transforming climate commitments into concrete investments is one of the key messages from the panel on climate financing, held in Doha during the 11th Annual Meeting of the Asian Infrastructure Investment Bank (AIIB). The discussions highlighted the need to better align public reforms with project preparation. Captured & Published at: 2026-10-01 08:24:21 (Madagascar Local Time