Business

Omnis is revising its approach to the extractive sector. Sixteen projects are planned to strengthen the oversight of mining and petroleum activities in Madagascar. The goal is to better regulate the exploitation of mineral and petroleum resources to ensure greater benefits for Madagascar. This is the ambition stated in the 2026-2030 Strategic Refoundation Plan of […]

The postponement of IMF budget support disbursements has placed Madagascar in a delicate negotiation phase. In response to growing concerns, the State, through the Minister of Economy and Finance, is seeking to reassure the public. Dr. Herinjatovo Aimé Ramiarison, Minister of Economy and Finance, stated on the sidelines of a Central Bank event in Anosy

Madagascar is defending its decision to freeze fuel prices. The Great Island must still explain to the International Monetary Fund (IMF) the reasons behind its suspension of the automatic fuel price adjustment mechanism, a mechanism that was part of the commitments made under the Extended Credit Facility (ECF) and the Resilience and Sustainability Facility (RSF)

The Central Bank of Madagascar (BFM) is tightening its monetary policy once again. Faced with the return of inflationary pressures, its Monetary Committee has decided to raise the key rate from 12.00% to 12.50%. This is the first increase after several months of status quo. According to the statement released this Wednesday, the objective is

Training content that matches the real needs of companies. The European Institute for Cooperation and Development (IECD) has officially handed over to the Ministry of Technical Education and Vocational Training (METFP) new training standards for the professions of accommodation team leader, solar technical-sales agent, and school and vocational guidance counselor. These standards, designed to meet

The Ministry in charge of Mines recently organized an information workshop on the Mining Code in the rural commune of Antanimora Atsimo, located in the Androy region. All stakeholders working in the mining sector participated actively. This included representatives of local authorities at all levels, economic operators, and other relevant parties. Captured & Published at:

The Ministry of Technical Education and Vocational Training (METFP) and the European Institute for Cooperation and Development (IECD) reached a new milestone this Monday. The official handover ceremony for three new training standards took place on Monday. These new documents aim to adapt training offerings to the realities of the job market. The first one

The rural commune of Anosy Avaratra is preparing to welcome its very first gas station under the Jovena brand. Until now, residents and motorists in the area had to travel several kilometers to refuel, either towards Sabotsy Namehana or towards Talatavolonondry, where the nearest distribution points are located. The groundbreaking ceremony […] Captured & Published

The lack of water at the Andekaleka dam is directly impacting the performance of the Andekaleka hydroelectric power plant. During this austral winter period, when rainfall is scarce, water levels have seen a significant decline, which is affecting the plant’s production capacity. According to JIRAMA, the Andekaleka hydroelectric plant is facing operational challenges due to

The construction site for the Amoronakona water treatment plant is currently still in the embankment phase. “These works are nearly complete. They will be followed by the pouring of concrete piles to consolidate the foundations of future structures, as the soil is particularly unstable,” a source within the Ministry of Water, Sanitation, and Hygiene stated