Business

Billions of euros in investment are in the pipeline. The Canada Dubai GCC Economic Chamber and Madagascar signed a Memorandum of Understanding (MoU) in Anosy on Friday, opening up investment prospects of up to €3.05 billion in the transport sector. The initial €300 million is earmarked to fund feasibility studies for the first projects. The […]

The 27th edition of the International Fair for Rural Economy of Madagascar (FIERMADA) has been taking place at the Makis Stadium in Andohatapenaka since last Thursday and will continue until Sunday. Nearly 300 exhibitors from all corners of the island, spread across 350 stands, are actively participating. This year, local products, particularly organic vegetables, have

Entrusted by the Refoundation Regime to the new interim Director General, Kouthri Tombosoa Sahadli, the audit mission within the state-owned company Fanalamanga has yielded a damning report. “We inherited a situation from the previous management marked by serious financial malpractice,” the executive stated during his appearance. Captured & Published at: 2026-08-10 09:23:37 (Madagascar Local Time

A few drops are enough to concentrate the properties of plants. Essential oils are increasingly popular for their wellness-related uses. Relaxation, well-being, and comfort are among the primary uses sought from essential oils. Extracted from aromatic plants, they are notably used in aromatherapy to leverage the natural properties of vegetation. Ginger, ravintsara, eucalyptus, and other

The Fanalamanga company is currently experiencing severe governance tensions. The Director General, Koutri, is the target of maneuvers aimed at his dismissal, which his supporters claim are orchestrated by the Chairman of the Board of Directors (PCA) and some executives close to the former management. Tensions flared following the authorization granted to a third-party company

Madagascar’s tourism sector holds significant potential but is currently hindered by high destination costs and infrastructure limitations. Greater state involvement is deemed essential to reach the target of one million tourists by 2028. As a strategic sector, tourism is a vital source of revenue for Madagascar due to its diverse landscapes and biodiversity. However, not

During a Council of Ministers meeting on Friday, the Executive branch issued a decree to requisition Jirama, the national water and electricity utility. This regulatory act allows the company to purchase its fuel through a state-authorized entity, in accordance with the new downstream petroleum law. The requisition, which lasts for six months, was enacted alongside

The government of the Democratic Republic of the Congo (DRC) has announced a testing campaign to determine the quantity of uranium potentially present in certain cobalt shipments exported from the country. This decision follows the publication of an investigation in late July by several media outlets and researchers, which reported significant amounts of uranium in

A first. The Ministry of Energy and Hydrocarbons has announced the arrival of a diesel shipment reserved for Jirama at the Port of Toamasina on August 12. According to a source familiar with the matter, this import, which bypasses the traditional circuit of the four distributors, was made possible by both the recently granted and

Reducing dialysis costs is in sight. Authorities hope that healthcare offerings, including treatments for kidney-related issues, will be improved through a partnership concluded by the Malagasy State with Lifenity International, an Indian company specializing in health sciences and services. The agreement signed on Friday aims to strengthen health services in the country, with priority given