Business

INVESTMENT – Madagascar Opens Doors to Egyptian Operators

The Head of State affirmed that Madagascar is seeking partners for comprehensive and sustainable projects, opening its doors to Egyptian investors. This proactive stance comes against a backdrop of friction with parts of the local private sector. “Now is the time to invest in Madagascar,” stated Colonel Michaël Randrianirina, Head of State, during his opening […]

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BUDGET – The Great Island aims to accelerate its public investment projects

The Great Island (Madagascar) is looking to accelerate its public investment projects. The current disbursement rate remains low, which is hindering a large portion of the country’s development initiatives. Public investments remain insufficient, and vital projects are suffering as a result. This observation was made yesterday at the Ivato International Conference Center during the semi-annual

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BUDGETARY AID – IMF postpones new disbursement for Madagascar

Once again, the issue of fuel prices has become a stumbling block for Madagascar’s file at the International Monetary Fund (IMF), leading the financial institution to postpone the disbursement of 183 million dollars. The Madagascar file was removed from the agenda of the IMF Executive Board meeting on July 17, effectively delaying the decision on

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PIERRE CASTEL PRIZE – Sakafo Madagascar wins 25,000 euros

A boost for Malagasy agricultural entrepreneurship. The company Sakafo Madagascar has won the national phase of the Pierre Castel Prize. Its founder, Herilaza Nandrianina, will represent the Great Island during the grand pan-African final scheduled for September in Benin. The award ceremony was held yesterday at the Star headquarters in Andranomahery. Sakafo Madagascar specializes in

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RICE FARMING – Improved Egyptian mother seeds to be tested in various climatic zones of Madagascar

According to the Presidency, these mother seeds represent the first link in the seed production chain. They allow for the production of successive generations of seeds while maintaining the genetic characteristics of the original variety. Their multiplication aims to ensure a significant production of quality seeds without compromising their potential. “It is this type of

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Orientation and Employment: The 10th Edition of the Career Fair Begins Next Tuesday

The Training, Trades, and Employment Fair (Carrefour de la Formation, des Métiers et de l’Emploi) will bring together nearly 40 institutions and companies at the AFT Andavamamba and the Kianja Barea to boost the professional integration of young people. The event will take place from August 4th to 8th. It is a crucial meeting for

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Jirama: Strengthened cooperation against fraud and corruption

Jirama is strengthening its mechanisms to combat fraud and corruption. A partnership agreement was signed last Wednesday at the Iavoloha State Palace between the national water and electricity company, the Independent Anti-Corruption Bureau (Bianco), and the National Anti-Fraud Agency (ANAF). The agreement was initialed by the Director General of Jirama, the […]. Captured & Published

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MIZUNAMI GRAND FINALE – Malagasy innovation makes its mark

Three Malagasy startups were awarded at the grand finale of the Mizunami Africa program, organized by NextA in partnership with the Mizunami Africa Foundation. Among the six finalists, the three winners will each receive funding of 30 million ariary and six months of support from NextA to accelerate their project development. The first prize was

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STATE-OWNED ENTERPRISE – Jirama partners with Bianco and Anaf to track down fraud and corruption involving agents and users

Jirama is strengthening its measures to combat fraud and corruption. The national water and electricity company has entered into a partnership with the Independent Anti-Corruption Bureau (Bianco) and the National Anti-Fraud Agency (Anaf) to track down fraudulent activities and corruption within the company. This initiative targets both Jirama agents and users through prevention and detection

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TOAMASINA – Compensation of 20 and 10 million Ariary granted to each owner of a house demolished at the Port Sec III site

Families affected by the Port Sec III project in Toamasina have not only received land titles for their new relocation site but have also been granted compensation of 10 million or 20 million Ariary, depending on the type of demolished housing. This first wave involves 63 households relocated to the Port Sec II site. As

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