Business

Financial Sector: Mauritius, an Assertive Financial Hub

A recent operation in the international bond markets, involving a $920 million issuance, illustrates the rise of Mauritius as a financial platform serving African economies. It also opens up new perspectives for Madagascar. A few days ago, Gabon finalized an international bond issuance of […] Captured & Published at: 2026-08-11 09:54:14 (Madagascar Local Time EAT) […]

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“Tsinjorano” Competition: Promoting local ingenuity in irrigation innovation

A national competition titled “Tsinjorano” is being organized by the Ministry of Agriculture and Food Sovereignty, in partnership with Farming & Technology in Africa (FTA). This initiative is part of a drive to promote agricultural innovation and seek concrete solutions to challenges related to water management. Captured & Published at: 2026-08-11 09:54:02 (Madagascar Local Time

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Data centers: Madagascar still lags behind other African countries

In Madagascar, the relative absence of data centers raises crucial questions regarding sovereignty, economy, and security. Behind this subject, which is still little known to the general public, lies a major strategic challenge for the country’s future. A data center is a secure facility where data is stored. Captured & Published at: 2026-08-11 09:39:16 (Madagascar

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DAVID RAKOTO: ‘The hike in the key interest rate worries investors’

The increase of the key interest rate to 12.5% has sparked concern among operators. For economist David Rakoto, this decision risks hindering access to credit and private investment. The decision by the Central Bank of Madagascar (BCM) to raise its key rate to 12.5% comes as a cold shower for operators. It runs counter to

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TRADE AGREEMENT – US Senate extends AGOA until 2028

Following a one-year extension in February, the US Senate has voted to renew the African Growth and Opportunity Act (AGOA) until the end of 2028. However, Washington has set conditions, notably including preferential access to critical minerals in beneficiary countries. This is a decisive step. Following the US Senate vote on August 8, the legislative

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MEMORANDUM OF UNDERSTANDING – Canada Dubai GCC Economic Chamber eyes €3.05 billion investment in Madagascar’s transport sector

Billions of euros in investment are in the pipeline. The Canada Dubai GCC Economic Chamber and Madagascar signed a Memorandum of Understanding (MoU) in Anosy on Friday, opening up investment prospects of up to €3.05 billion in the transport sector. The initial €300 million is earmarked to fund feasibility studies for the first projects. The

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27th Edition of FIERMADA: Local Products Highly Sought After by Consumers

The 27th edition of the International Fair for Rural Economy of Madagascar (FIERMADA) has been taking place at the Makis Stadium in Andohatapenaka since last Thursday and will continue until Sunday. Nearly 300 exhibitors from all corners of the island, spread across 350 stands, are actively participating. This year, local products, particularly organic vegetables, have

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Audit at Fanalamanga Company: 8.5 Billion Ariary Embezzlement Uncovered

Entrusted by the Refoundation Regime to the new interim Director General, Kouthri Tombosoa Sahadli, the audit mission within the state-owned company Fanalamanga has yielded a damning report. “We inherited a situation from the previous management marked by serious financial malpractice,” the executive stated during his appearance. Captured & Published at: 2026-08-10 09:23:37 (Madagascar Local Time

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TRANSFORMATION – Essential oils expand their horizons

A few drops are enough to concentrate the properties of plants. Essential oils are increasingly popular for their wellness-related uses. Relaxation, well-being, and comfort are among the primary uses sought from essential oils. Extracted from aromatic plants, they are notably used in aromatherapy to leverage the natural properties of vegetation. Ginger, ravintsara, eucalyptus, and other

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BUSINESS – Governance crisis shakes Fanalamanga

The Fanalamanga company is currently experiencing severe governance tensions. The Director General, Koutri, is the target of maneuvers aimed at his dismissal, which his supporters claim are orchestrated by the Chairman of the Board of Directors (PCA) and some executives close to the former management. Tensions flared following the authorization granted to a third-party company

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