Business

STUDY FAIR – Focus on the alignment between degrees and employment

The study and employment fair, organized by the University of Toliara, is being held over three days. Since Thursday, training institutions, university departments, public institutions, and various partners have been presenting the training paths and career opportunities available to high school graduates, students, and visitors in front of the University of Toliara presidency building. Departments […]

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MALAGASY SOVEREIGN FUND – A $500 Million Agreement with Gemcorp Capital

A $500 million envelope is on the table. According to a statement from the Presidency of the Refoundation of Madagascar, this is the core of the agreement signed between the Malagasy Sovereign Fund (FSM) and Gemcorp Capital Limited on Thursday in New York. The signing took place following a meeting between Colonel Michaël Randrianirina, Head

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COMMERCE – Fuel importation opened to new suppliers

The Malagasy Hydrocarbons Office (OMH) has launched the selection process for fuel suppliers for the first half of 2027. Interested operators have until October 5 to express their interest. The fuel supply system will undergo a reorganization starting in January 2027. For the first six months of the year, the importation of diesel, gasoline, and

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PUBLIC SERVICES – The Hidden Cost of Daily Dysfunctions

Daily dysfunctions are no longer just minor inconveniences for residents; this chronic burden weighs heavily on the economic vitality of the capital. Power outages, water shortages, traffic congestion, and the high cost of medicine are taking a real toll on household budgets. Miranto, a single mother living in Andraisoro, explains that the extra expenses caused

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ENERGY – Mananara seeks to utilize 1.5 MW surplus

The hybrid power plant has a production surplus of 1.5 MW, yet several rural areas in Mananara remain without electricity. Officials in the Ambatosoa region are requesting support to establish a distribution network capable of delivering this power to surrounding communes. Due to a lack of transmission and distribution lines, a portion of the electricity

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TOURISM – Madagascar Airlines schedules a special flight between Sainte-Marie and Reunion Island ahead of potential resumption of regular services

Madagascar Airlines has scheduled a special flight between Sainte-Marie and Reunion Island for October 3, 2026, three years after the suspension of this air route. This one-off service is intended to allow stakeholders from Sainte-Marie to attend an event in Saint-Paul, Reunion, while serving as a preliminary step toward the potential resumption of regular commercial

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Vocational Training: 99 Young People Certified in BPO Professions After Seven Weeks of Training

Training concludes. On Thursday, 99 young people received their training certificates in ‘Business Process Outsourcing’ (BPO) professions, marking the end of the second cohort of the ‘Asanai’ program. Out of the 111 candidates who completed the seven-week training, 99 successfully passed the certification exams. The ‘Asanai’ program aims to build a pool of operational young

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EVENT – The Haika Fair aims to place cultural professions and creative industries at the heart of the economy

Transforming creative professions and cultural industries into more than just a space for cultural expression is a key goal of the Haika 2026 Fair, scheduled for October 9-11 at the Cité des Cultures in Antaninarenina. The event aims to establish these sectors as a genuine economic force. Fashion, cinema, music, video games, publishing, visual arts,

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FINANCING – The Malagasy Sovereign Wealth Fund and Gemcorp Capital Limited sign a partnership with a $500 million envelope

A strategic partnership. An agreement involving funding of up to $500 million between the Malagasy Sovereign Wealth Fund (FSM) and the investment firm Gemcorp Capital Limited was signed on Wednesday in New York. According to a statement from the presidency, this funding is expected to contribute to the development of projects considered priorities by the

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Madagascar-IMF: The process moves forward after several weeks of technical exchanges

Madagascar’s file is expected to return to the Executive Board of the International Monetary Fund (IMF) towards the end of September, following an initial postponement in July. The Board is scheduled to review the combined third and fourth reviews under the Extended Credit Facility (ECF) and the Resilience and Sustainability Facility (RSF). Captured & Published

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