Business

Tourism and Air Freight: Ethiopian Airlines Honors Strategic Partners in Madagascar

During a warm ceremony held on Friday at the Novotel Alarobia, Ethiopian Airlines celebrated the excellence of its Malagasy partners. More than twenty travel agencies, tour operators, and freight forwarders were recognized for their contribution to the development of the sector. Dereje Diriba, Area Manager for Ethiopian Airlines in Antananarivo, praised the commitment of these […]

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EVENT – International buyers from Reunion, Belgium, South Africa, and France arrive for Malagasy products at Fier Mada

The 2026 edition of the International Fair of Rural Economy of Madagascar (Fier Mada) has taken on a stronger international dimension. The event, which opened on Wednesday at the Makis Andohatapenaka stadium, expects to welcome several delegations of foreign buyers. They are on the Great Island to scout local Malagasy products, providing new market opportunities

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Dr. Herinjatovo Aimé Ramiarison: Fuel prices likely to remain unchanged until December

According to an IMF study, one dollar invested in conflict prevention can generate up to 103 dollars in savings in countries that have recently experienced violence. This finding supports the Malagasy government’s advocacy for maintaining current fuel pump prices. The adjustment is being deferred to avoid economic and social shocks. Captured & Published at: 2026-08-06

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EMPLOYMENT – Training programs to align with job market demands

Training offers will be adapted to the labor market. The Ministry of Technical Education and Vocational Training will organize national meetings for the reform of technical education and vocational training on August 11 and 12 in Mahajanga. “The goal is to identify what exists in each region. Training programs will be adjusted accordingly to match

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INDUSTRY – Producers venture into food processing

The 27th edition of the International Fair of the Rural Economy of Madagascar (FIER Mada) stands out for the presence of numerous dried and processed products. Farmers are increasingly venturing into agri-food processing. Their activities range from drying fruits and vegetables to producing banana flour, and transforming cassava into tapioca flour, cakes, or even ‘Palets

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MINING SECTOR – The National Office of Mines and Strategic Industries (Omnis) overhauls its strategy

Omnis is revising its approach to the extractive sector. Sixteen projects are planned to strengthen the oversight of mining and petroleum activities in Madagascar. The goal is to better regulate the exploitation of mineral and petroleum resources to ensure greater benefits for Madagascar. This is the ambition stated in the 2026-2030 Strategic Refoundation Plan of

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IMF Aid Blockage: The State Reassures the Public

The postponement of IMF budget support disbursements has placed Madagascar in a delicate negotiation phase. In response to growing concerns, the State, through the Minister of Economy and Finance, is seeking to reassure the public. Dr. Herinjatovo Aimé Ramiarison, Minister of Economy and Finance, stated on the sidelines of a Central Bank event in Anosy

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ECF/RSF Program: Madagascar must convince the IMF of the merits of its decision to freeze fuel prices

Madagascar is defending its decision to freeze fuel prices. The Great Island must still explain to the International Monetary Fund (IMF) the reasons behind its suspension of the automatic fuel price adjustment mechanism, a mechanism that was part of the commitments made under the Extended Credit Facility (ECF) and the Resilience and Sustainability Facility (RSF)

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MONETARY POLICY – The Central Bank of Madagascar raises its key rate to 12.50% to curb the return of inflation

The Central Bank of Madagascar (BFM) is tightening its monetary policy once again. Faced with the return of inflationary pressures, its Monetary Committee has decided to raise the key rate from 12.00% to 12.50%. This is the first increase after several months of status quo. According to the statement released this Wednesday, the objective is

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VOCATIONAL TRAINING – New standards to train sought-after profiles in tourism, solar energy, and school counseling

Training content that matches the real needs of companies. The European Institute for Cooperation and Development (IECD) has officially handed over to the Ministry of Technical Education and Vocational Training (METFP) new training standards for the professions of accommodation team leader, solar technical-sales agent, and school and vocational guidance counselor. These standards, designed to meet

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