Business

Mini-grids: Towards a pricing model adapted to Malagasy realities

Finding the right balance between electricity accessibility for households and the viability of investments is one of the key challenges in pricing mini-grids, which are set to play an increasing role in electrifying areas still far from major networks. A training workshop dedicated to the pricing of electricity produced by mini-grids was recently held to […]

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Social Sectors: 27% of the State Budget Between 2023 and 2026

Education, health, social protection, water, and sanitation: these sectors represent a large portion of the population’s most urgent needs. However, according to UNICEF’s budget analysis, they accounted for an average of only 27% of the state budget between 2023 and 2026. In 2026, the general state budget reached 15,784 billion ariary, compared to […] Captured

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TOURISM – Foreign arrivals remain nearly stable

The Malagasy tourism sector showed a slight increase in the first half of 2026. Madagascar welcomed 151,532 foreign visitors during the first six months of the year, compared to 150,757 during the same period in 2025. According to data from the Ministry of Tourism and Handicrafts, this represents an increase of 775 visitors, or a

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COCOA ROAD – A new momentum to open up the region

After several years of work, the rehabilitation of the strategic rural road connecting several high-production communes in the Ambanja district has reached a significant milestone with its provisional acceptance. This stage marks the technical completion of the planned works and initiates a monitoring period to ensure the quality of the structures before final acceptance. More

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FINANCE – US State Department highlights persistent gaps in budget transparency in Madagascar

According to the Fiscal Transparency Report released by the US State Department on August 11, 2026, a lack of budget transparency remains a weakness for Madagascar. The report identifies several gaps in the accessibility, completeness, and oversight of public finance information for the period between January 1 and December 31, 2025. While Madagascar did publish

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MINES – Gold mining operations using heavy machinery urged to regularize their status

Gold miners using heavy machinery can now initiate a regularization process with the State. Starting this Monday, those wishing to comply with regulations can begin the procedure to conclude an agreement with the government, according to the Ministry of Mines. This initiative aims to regulate activities that have developed in several areas of the country

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BUDGET – Regional priorities at the service of growth and investment in the preparation of the 2027 Finance Bill

The economic priorities of the regions are expected to play a significant role in the preparation of the 2027 Finance Bill. Through the Regional Budget Conferences (CBR), the Ministry of Economy and Finance (MEF) intends to better adapt budget programming to regional realities and direct public resources toward investments capable of supporting production, employment, and

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Employment: A new national policy in preparation

The Great Island (Madagascar) aims to change its approach to address invisible unemployment, even though the previous policy had already identified several of the ills currently affecting the labor market. This assessment was drawn up in the terms of reference of the UNDP (United Nations Development Programme), as part of the recruitment of a consulting

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Creative Industries: Success of the first IMIC masterclass

The Institute of Fashion and Creative Industry (IMIC), founded by designer Alexandra Denage, has reached a decisive milestone in the professionalization of the local creative landscape. The institution recently organized its very first masterclass, titled “Luxury Standards,” at ARRA Creative Studio in Ankorondrano. This immersive workshop offered a group of participants a unique opportunity to

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Africa Business Investment Summit: Global Capital Meets African Opportunities

Washington is preparing to host the Africa Business Investment Summit (ABIS) on August 27 and 28, 2026. The organizers have set a target of $500 million in structured capital commitments by the end of the process. Investors, public policymakers, and business leaders will gather with a concrete goal: to bridge the gap between global capital

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