Business

CURRENCY – Banky Foiben’i Madagasikara’s foreign exchange reserves now cover seven months of imports

According to data from the Banky Foiben’i Madagasikara (BFM), Madagascar’s official foreign exchange reserves are now sufficient to cover seven months of imports of goods and services, compared to 5.9 months during the same period in 2025. As of the end of June 2026, these reserves stood at $3,676.2 million, up from $3,067.4 million a […]

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TOURISM – ONTM partners with the Malagasy Cinema Institute ISSM to promote Madagascar as a destination

The power of imagery. In an announcement published on its social media, the National Tourism Office of Madagascar (ONTM) has formalized the launch of a new partnership dynamic aimed at bridging the creative and tourism sectors. The tourism promotion body and the Malagasy Film and Cinema Center, Ivon-toeran’ny Sarimihetsika sy Sarimiaina Malagasy (ISSM), have signed

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Industrial Development: SIMEX-ci makes an impression at the IN-CO 2026 trade fair

Opened on August 20, 2026, at the Barea Mahamasina Village by Minister Franconio Mac DENIS, the IN-CO trade fair highlights the country’s economic actors. Organized by “Flash-Event” with the support of the State, this three-day event brings together entrepreneurs and industrialists. At the heart of this showcase, SIMEX-ci stands out at booth no. […] Captured

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Professional Integration: When Internships Guarantee the Employability of Paramedics

Trained, operational, and immediately employable. This is the profile of graduates from the Paramedical Institute (PARMI) – Groupe In.S.P.ALM, an institution with 13 years of experience and state accreditation. To meet the demanding needs of the healthcare sector in Madagascar, the institute offers a three-year curriculum leading to a professional bachelor’s degree in nursing. Captured

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Cleaning and Recycling: Eco-pulp Transforms Paper Waste into Resources

Used office paper can have a second life in Madagascar. Instead of ending up in ordinary trash bins, white documents and cardboard are collected and processed by the company Eco-pulp, which is committed to local recycling. “We collect your paper to give it a new existence. A simple gesture to preserve our environment,” the company

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Regional Budget Conferences: Prioritizing Effective Regional Development in the Preparation of the 2027 Finance Bill

The Ministry of Economy and Finance is focusing on the effective and sustainable development of all regions. This key economic department has officially launched its regional budget conferences. The first stage of this process was held in Miarinarivo, in the Itasy region, marking the beginning of a series of consultations that will extend to all

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Gold Sector: Reopening of Mining Permit Applications

Gold extraction continues at several production sites, notably in Mananjary, despite the suspension of mining permit issuance for the past 16 years. While efforts have been made by authorities at all levels to combat illegal gold panning, this activity has not ceased, and seizures continue to occur. Captured & Published at: 2026-08-22 09:23:50 (Madagascar Local

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MADAGASCAR – SOUTH AFRICA – Chamber of Commerce opens up new opportunities

A new Chamber of Commerce aims to strengthen business relations between Madagascar and South Africa. Officially presented during the Fier-Mada economic fair, the Madagascar South Africa Chamber (Masacham) seeks to facilitate trade, investment, and partnerships between economic operators from both countries. The new structure primarily aims to bring Malagasy and South African companies closer together.

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Amoron’i Mania: The barley industry in great danger

Barley cultivation is an essential economic activity for the inhabitants of the rural commune of Anjoma Manandriana, located in the Manandriana district of the Amoron’i Mania region. The industry is at risk of disappearing entirely if urgent measures are not taken by the authorities. This situation has caused great distress among farmers, who have decided

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“Rodorodon’ny Tantsaha” Fair: Promoting “Vita Malagasy” Natural Products

The 5th edition of the “Rodorodon’ny Tantsaha” fair, organized by the “Foyer des Paysans” under the supervision of the Ministry of Agriculture and Food Sovereignty, is being held from Wednesday until August 23, 2026, at the Maki Stadium in Andohatapenaka. Natural products labeled “Vita Malagasy” (Made in Madagascar) are being showcased at the event. Captured

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