Business

ENERGY – Discussions on the Volobe 2 hydroelectric power plant construction project extended until June 2027

The State and the Compagnie Générale d’Hydroélectricité de Volobe (CGHV) have opted for an extension. Both parties have agreed on additional time to finalize the Volobe 2 hydroelectric project, which involves the construction of a facility with an installed capacity of 127 megawatts. “They have given themselves until June 2027 [for the financial close of […]

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Vocational Training: Rising Demand for Public Speaking and Leadership

The training and recruitment firm LF Consulting has established itself as a key player in human capital development in Madagascar. Building on the resounding success of its latest Masterclass dedicated to public speaking in June, the company is showing remarkable growth momentum, with its order book full through September. Captured & Published at: 2026-07-11 09:13:10

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Credit and Investment Fair 2026: Spotlight on Credit Offers for Entrepreneurs and SMEs

The second edition of the Credit and Investment Fair has been underway since yesterday at the CCI Ivato. It serves as an opportunity for financial institutions to highlight credit offers tailored for entrepreneurs and small and medium-sized enterprises (SMEs). Among the participants in this event, SIPEM Bank reaffirms its position as a partner in business

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African Caucus: Focusing on private capital to support the growth of MSMEs

African micro, small, and medium-sized enterprises (MSMEs) are at the heart of employment, production, and economic inclusion. However, their access to private financing remains limited by numerous obstacles. It was around this issue that a roundtable discussion, themed “[…]”, was held in Banjul on the sidelines of the 2026 African Caucus. Captured & Published at:

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ENERGY – Electricity production increases in Toamasina

Electricity supply in the city of Toamasina is expected to return to normal soon. Filatex Energy has strengthened its production, now boasting a 24 MW HFO production capacity available to Jirama in this port city. A 4 MW production unit, recently serviced, is back in operation. In parallel, the power plant has received a 6

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FEMALE ENTREPRENEURSHIP – Women turn towards autonomy

The economic empowerment of Malagasy women is at the heart of the vision held by Women Up Africa Madagascar. The organization unveiled its vision on June 17th, during the closing of World Handicrafts Day. This event was also marked by the signing of a partnership agreement with the Ministry of Tourism and Handicrafts. Established in

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The precarious nature of the plantation economy

Following a slowdown during the 1917-1918 crisis, coffee production on the central East Coast of Madagascar recorded a remarkable growth rate, unaffected by the general crisis of 1921-1922. As noted by historian Jean Fremigacci, after a long period of trial and error marked by the abandonment of unprofitable crops like rubber, cocoa, and Liberian coffee,

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ANTSIRANANA – A new chapter for Secren

After several months of financial crisis, the Antsiranana naval company has appointed a new general manager with the ambition of reviving its operations and restoring its credibility. The Antsiranana Naval Study, Construction and Repair Company (Secren) is embarking on a new phase in its history. The handover between the interim general manager, Abel Ntsay, and

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COMPETITION – The 17th edition of the Young Entrepreneur Trophy is underway

BNI Madagascar renews its commitment to youth entrepreneurship. The 2026 edition places special emphasis on women entrepreneurs. BNI Madagascar has officially launched the seventeenth edition of the Young Entrepreneur Trophy (TJE), an annual competition aimed at promoting entrepreneurship among young Malagasy people under the age of 45. This year, the banking institution is placing a

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ARTHUR RAZAFIMAHALEO – Madagascar possesses strong tourism potential

Arthur Razafimahaleo, Operations Manager at the Central Hotel in Tsaralalàna, believes that better collaboration between industry stakeholders and the State would fully unlock the country’s tourism potential. What are the main, often underestimated, tourism assets of Madagascar today? Madagascar is a highly sought-after destination for its exceptional biodiversity and rich cultural heritage. While coastal regions

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