Business

A local application aims to support the growth of the discipline and unite players, clubs, and stakeholders within a single ecosystem. Padel continues its development in Madagascar. More and more players are becoming interested in this sport, while the number of clubs and supporting actors is multiplying. With this growth comes a new challenge. Captured […]

The first half of 2026 was marked by a noticeable appreciation of the ariary on the interbank foreign exchange market (MID). However, this trend could reverse due to the resumption of imports during the last six months of the year. A return to the depreciation of the ariary cannot be ruled out. According to data

A kilogram of Malagasy cocoa, processed into chocolate and sold on European markets, generates a value far exceeding the price paid to the producer. According to a study by Dr. Amena Abdirassoul, an expert in trade policy and lecturer at the University of Antananarivo, the farmer receives only 0.2% of the final value. The study,

Electricity contracts that no longer align with current realities may be subject to review. The Director General of JIRAMA, General Hajatiana Rasolomanana, announced this on Thursday during a visit to Amoronankona. “Contracts that are no longer in line with current realities will be examined, in accordance with the established provisions,” he stated. Procedures are currently

With a total gross financing need of 30.759 trillion Ariary for the 2026-2028 period, the country’s financial authorities intend to play the card of prudence to protect the nation from the adverse effects of exchange rate risks and rising interest rates. Priority will continue to be given to concessional loans, while the use of other

A Higher School of Management for the Development of Madagascar (ESM-DM) will be established with the goal of training new generations of exporters. The school’s vision focuses on guiding young people, entrepreneurs, and leaders to invest in production, local processing, value creation, and exportation. Captured & Published at: 2026-08-24 08:08:38 (Madagascar Local Time EAT) Original

The Madagascar-South Africa Bilateral Chamber of Commerce (MASACHAM) has been established under the initiative of the Ambassador of Madagascar to South Africa, Toavina Ralambomahay. This creation marks a decisive step in the rapprochement between the two countries and opens a concrete space where entrepreneurs can meet, exchange ideas, and build projects. Captured & Published at:

10,000 households across ten fokontany in Greater Antananarivo will benefit from home water connections for only 30,000 Ariary. Supported by the PAAEP project, Jirama, and the World Bank, this social program has reached a decisive milestone with the launch of field selection surveys. Captured & Published at: 2026-08-24 07:39:17 (Madagascar Local Time EAT) Original Source:

Madagascar’s first wind farm is now operational in Tolagnaro. With 19 wind turbines, it brings the capacity of the QMM hybrid solar-wind power plant to 30 MW. Developed by QIT Madagascar Minerals (QMM) in partnership with CrossBoundary Energy (CBE), the wind farm features nineteen turbines with an installed capacity of 16 MW. Its commissioning, formalized

According to data from the National Institute of Statistics (Instat), the number of non-resident visitor arrivals at Madagascar’s borders fell by 7.9% in the first half of 2026. A total of 80,342 arrivals were recorded between January and June, compared to 87,190 during the same period in 2025. This decline follows a year in 2025