Business

Bank cards are playing an increasingly important role in payment habits, but their use also requires greater vigilance. BMOI is focusing on financial education and best practices for using its Visa cards, particularly through the ‘Payez Libre’ initiative. This approach aims to guide users toward safer payments while contributing to the modernization of financial practices […]

Toliara is hosting a major economic event starting today, with impacts expected to drive the entire region toward development and prosperity. A strategic week: The “Atsimo Andrefana Business Week” kicked off last Sunday with a “golden run” and will conclude with a show-biz spectacle next Sunday. A footrace was organized to emphasize that running is

The US Congress has officially validated the extension of the African Growth and Opportunity Act (AGOA) until December 2028. The text is now awaiting the signature of US President Donald Trump, the final step before it enters into force. Following the Senate’s approval on August 8, the US House of Representatives passed the bill with

A hotel project with 80 to 120 rooms is being planned in the immediate vicinity of Ivato International Airport. Ravinala Airports, the concessionaire for the international airports of Ivato and Fascène Nosy Be, launched a call for expressions of interest (AMI) on Wednesday to select an investor capable of developing and operating this infrastructure. The

Uber is ending its operations in Nigeria and Uganda effective Wednesday, September 2, 2026. This decision comes as the American ride-hailing company simultaneously announces the elimination of 3,300 jobs worldwide, representing approximately 10% of its workforce. “After a thorough review of our business, we have made the difficult decision to end our operations in Nigeria,

Madagascar Airlines is facing a temporary reduction in its fleet capacity. The national airline is currently operating only four of its five ATR 72 aircraft. The fifth aircraft is grounded due to the regulatory overhaul of its two engines, which is currently being carried out abroad. The delay in their delivery is the cause of

Advocacy efforts continue. The Malagasy government does not intend to stop at the extension of the African Growth and Opportunity Act (AGOA) until December 2028. While the United States House of Representatives has just adopted the text granting eligible African countries preferential access to the American market until December 31, 2028, the Ministry of Trade

The Manantenina bauxite reserves have found their future operator. According to a statement released by the Ministry of Mines on Tuesday, the company is named Picadilly Management Limited. The ministry noted that the decree designating this company as the successful bidder for the international call for expressions of interest, launched in April, was adopted by

SECREN is expected to gradually resume its activities thanks to measures taken by the State to support its recovery. Placed under the supervision of the Ministry of Industrialization and Private Sector Development, the Society for Studies, Construction and Naval Repair (SECREN) will benefit from a capital increase of 10 billion Ariary. This financial injection aims

The United States aims to strengthen its economic presence in Madagascar. Investments, infrastructure, energy, water, and health dominated the discussions between Tom Bevan and Minister Dr. Herinjatovo Aimé Ramiarison during an audience held at the Ministry of Economy and Finance (MEF). Private capital is being sought to help finance Madagascar’s significant infrastructure needs, a topic