Business

A new solution for Toamasina. The Council of Ministers has authorized Jirama to initiate steps to conclude a power purchase agreement with the energy supplier of the mining company Ambatovy. The latter has acknowledged the decision and stated it is “engaged in a constructive dialogue with the competent authorities.” The authorization granted by the Council […]

Madagascar is calling on international investors to support the development of mineral processing industries within its territory, rather than limiting themselves to extraction activities. This appeal was made by the Minister of Industrialization and Private Sector Development, Ny Riana Nampoina Raharimanjato, during a high-level United Nations meeting on critical minerals for the energy transition, held

Fostering the emergence of a new generation of entrepreneurs, the national program “Fandroso” aims to provide technical and financial support to project leaders, young entrepreneurs, startups, as well as micro, small, and medium-sized enterprises. To achieve this, the program has an initial budget of over 200 billion ariary. Beneficiaries will be selected with full transparency

The weakness of the industry, its geographical concentration, and the gradual disappearance of certain regional industrial hubs call for a proactive sectoral public policy. For economist Hugues Rajaonson, Madagascar must commit to a sustained industrialization effort if it wants to reconnect with sustainable growth. The economic development of Madagascar inevitably requires sustained industrialization. Captured &

The 3rd edition of the Highlands Cheese Fair, organized by M’Anja Events under the supervision of the Ministry of Livestock, is being held from yesterday until July 25, 2025, at the Antaninarenina Garden. The objective is to showcase artisanal cheeses and various other dairy products manufactured by small-scale producers and rural entrepreneurs. Captured & Published

The External Cooperation Support Office (BACE), attached to the Ministry of Economy and Finance, participated in the 2026 annual meeting of the Association of Cities and Local Authorities of the Indian Ocean (AVCOI), held on July 21 and 22 in Antananarivo. During a roundtable discussion dedicated to territorial resilience and access to financing, the focus

The re-taxation of imported luxury rice is among the major economic measures planned in the 2026 Rectified Finance Law, as part of the ongoing Economic Recovery Plan. It aims to put an end to the market being flooded by imported products. Through the application of a 20% customs duty, the government seeks to protect local

The National FANDROSO Program was officially launched yesterday at the Ambohitsorohitra Palace. With a budget of 200 billion ariary, the State has established a financing and support mechanism for young Malagasy people, aimed at transforming their projects into viable, job-creating businesses. However, it should be noted that these are low-interest loans rather than grants. Captured

The re-taxation of imported rice aims to reduce dependence on imports and support local production, a measure aligned with the goal of food self-sufficiency. The decision is final. The re-taxation of imported rice, as part of the Amending Finance Law and the Economic Recovery Plan, is now in effect. A 5% customs duty and a

In the rice fields of Antananarivo, watercress plays an important role in the agricultural calendar. From March to August, many farmers turn to this crop, which adapts well to humid terrain and supplies the capital’s markets. In several areas, plots usually reserved for rice are used for this production during this period, as the availability