Business

EXTRACTIVE SECTOR – State announces the award of the Manantenina bauxite reserves to Picadilly Management Limited

The Manantenina bauxite reserves have found their future operator. According to a statement released by the Ministry of Mines on Tuesday, the company is named Picadilly Management Limited. The ministry noted that the decree designating this company as the successful bidder for the international call for expressions of interest, launched in April, was adopted by […]

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SECREN: 10 billion Ariary to revive the company

SECREN is expected to gradually resume its activities thanks to measures taken by the State to support its recovery. Placed under the supervision of the Ministry of Industrialization and Private Sector Development, the Society for Studies, Construction and Naval Repair (SECREN) will benefit from a capital increase of 10 billion Ariary. This financial injection aims

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Foreign Cooperation: Washington Seeks to Boost American Investment

The United States aims to strengthen its economic presence in Madagascar. Investments, infrastructure, energy, water, and health dominated the discussions between Tom Bevan and Minister Dr. Herinjatovo Aimé Ramiarison during an audience held at the Ministry of Economy and Finance (MEF). Private capital is being sought to help finance Madagascar’s significant infrastructure needs, a topic

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Air Transport: Madagascar Airlines Operating at Reduced Capacity

Madagascar Airlines continues to face significant challenges. The national carrier is currently experiencing a period of reduced operational capacity. Rado Rabarilala, the Director General of Madagascar Airlines, announced during a press conference yesterday that only four out of the company’s five ATR 72 aircraft are currently operational. This limited capacity, driven by safety requirements, is

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Rural Development: 20,000 Families Supported by MALTO Over 50 Years

MALTO, a subsidiary of STAR Madagascar, has celebrated its fiftieth anniversary. This milestone marks half a century of commitment to Malagasy agriculture and the barley industry. Established to supply malt to STAR breweries, MALTO has established itself as a key player in agricultural development. Its operations currently span the regions of… Captured & Published at:

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ECONOMIC COOPERATION – American investments strengthen infrastructure

American investments could contribute to the development of infrastructure in Madagascar. With this in mind, the Minister of Economy and Finance, Dr. Aimé Herinjatovo Ramiarison, met on September 1st in Antaninarenina with Tom Bevan, Chargé d’Affaires a.i. of the United States Embassy, accompanied by an American delegation. The discussions mainly focused on mobilizing private capital

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AGRICULTURE – Besalohy strengthens food security

A new rice variety could help improve rice production and strengthen food security in Madagascar. Named “Besalohy,” it is the result of four years of research conducted jointly by Fofifa and the Japan International Research Center for Agricultural Sciences. Its official launch marks a new milestone in scientific cooperation between Madagascar and Japan. Developed under

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BIRTH – Parents budget for the arrival of a baby

The birth of a child represents a significant financial burden for families. Medical care, travel, and the purchase of baby supplies all add to the expenses. The arrival of a child requires financial planning and organization, as pregnancy leads to expenses that accumulate over several months. Medical monitoring, exams, travel, and preparing the baby’s layette

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INTERNATIONAL FAIR – Local sectors on display in Ivato

Companies, producers, and institutions will gather from September 10 to 13 at the Ivato International Conference Center (CCI Ivato) for the 8th edition of the International Agriculture, Livestock, and Fisheries Fair, held in conjunction with the 2nd International Gastronomy Festival. Two hundred and twenty exhibitors will gather under the theme “Madagascar in motion: producing, processing,

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BUDGET – Analamanga’s priorities focused on economic infrastructure, agribusiness development, and tourism, according to the Minister of Economy and Finance

Emerging priorities. Herinjatovo Ramiarison, Minister of Economy and Finance, has outlined the priorities for the Analamanga region that should be included in the 2027 State budget. During the budget conference held at the National School of Administration of Madagascar (ENAM) in Androhibe on Monday, the finance minister highlighted the rehabilitation of economic infrastructure, the development

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