Business

External Financing: BADEA Eyes $40 Million to Continue RN5 Project

A delegation from the Arab Bank for Economic Development in Africa (BADEA) is currently in Antananarivo to evaluate the second phase of the RN5 road development project between Vahibe and Mananara-Nord. Received yesterday by the Minister of Economy and Finance, the delegation indicated that the institution is considering a contribution of 40 million USD. The […]

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Ambatovy: Drinking water supply for over 2,700 people in Ampitambe

Ambatovy continues its corporate social responsibility (CSR) activities. The mining company is supporting local communities with drinking water supply projects. As a result, 2,730 people residing in the Ampitambe fokontany, in the rural commune of Ambohibary, Moramanga, now have access to drinking water thanks to the completion of new gravity-fed drinking water supply infrastructure. Captured

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ADF-17: $500,000 for a leverage effect of several hundred million

Far from being a simple expense, Madagascar’s $500,000 contribution to the ADF-17 is part of a financing mechanism from which the country itself benefits, to the tune of several hundred million dollars. $500,000 paid, but several hundred million mobilized in return to finance the country’s development. Captured & Published at: 2026-08-18 09:09:01 (Madagascar Local Time

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Credit Market: A slight slowdown in the first half of 2026

As economic activity continues its adjustment in 2026, data from the Credit Information Bureau (BIC) reveal a contrasting trend in the credit market in Madagascar. Overall installment credit activity recorded a slight slowdown compared to the same period in 2025. However, the non-amortizable credit segment remains stable. Captured & Published at: 2026-08-18 09:08:49 (Madagascar Local

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Ambanja: ‘Sôrogno Festival’ to host an economic fair in Ambanja

The Sôrogno Festival will be held from August 27 to 30 in Ambanja, establishing itself as the major festival in this part of Madagascar. This year, the event has added a new dimension: the ‘2026 Economic Fair’. It is not just about entertainment, but also about contributing something more to the region. Captured & Published

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CEM: The upcoming appointment of the Director General raises questions

The appointment of the next Director General (DG) of the Caisse d’épargne de Madagascar (CEM) is highly anticipated, as several applications have reportedly been submitted for the position. However, questions are beginning to arise regarding the profiles of certain candidates. According to information reported by sources close to the matter, one of the candidates has

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TOLIARA – The Green and Blue Economy Fair in the Spotlight

Business opportunities related to green and blue value chains were promoted over three days, with operators aiming for new horizons. Breaking into the market is the goal for Mbola Voahangy, an artisan specializing in banana fiber processing, who aims to further develop her start-up. “I aspire to new opportunities and new orders, especially from abroad.

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INFRASTRUCTURES – BADEA’s contribution to the Antananarivo – Toamasina expressway discussed in Durban

Strengthening cooperation: Ongoing projects between Madagascar and the Arab Bank for Economic Development in Africa (BADEA) were discussed during a meeting between the President of the Refoundation, Colonel Michaël Randrianirina, and the President of the financial institution, Abdallah KH. Almusaibeeh, on Sunday in Durban, South Africa. The subject of the Antananarivo – Toamasina “expressway,” a

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PMLP-T: The Inland Container Depot, a tool for decongesting the port terminal

The Toamasina Multimodal Logistics and Port Platform (PMLP-T) is making progress. Its first pillar is based on the establishment of an Inland Container Depot (ICD), also known as a dry port. One of the objectives of the ICD is, in fact, to serve as a tool for decongesting the country’s port terminal. As an extension,

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Renewable Energy: Wind farm enters service in the Anôsy region

The energy transition is accelerating in Madagascar. In Fort-Dauphin, 19 wind turbines are now operational, forming, along with a solar power plant, the country’s first hybrid solar-wind complex. The winds of Anôsy are now generating electricity. Commissioned in July 2026, Madagascar’s first wind farm consists of 19 turbines and strengthens the energy infrastructure developed in

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