Business

The new law on downstream petroleum activities has been declared constitutional. In essence, the text provides that the State may import hydrocarbons through an authorized entity. The High Constitutional Court (HCC) has given its green light, without any reservations, to the promulgation of the law establishing the principles governing certain downstream petroleum activities by a […]

Spider and SIPEM Banque have partnered to provide professionals with easier access to a wide range of technical solutions. Last Friday, the two entities unveiled a collaboration that opens new opportunities for businesses, installers, specifiers, and stakeholders in major projects. This partnership creates synergy, allowing companies to more easily find the essential resources they need

A new chapter has begun in the cooperation between Madagascar and Egypt. Moving beyond mere commitments, the two nations are now shifting toward a concrete five-year action plan, with a specific focus on identifying regions that still lack access to potable water. The partnership between Madagascar and Egypt has reached a decisive milestone. Meeting at

A production gap of 25MW occurred on the Antananarivo interconnected grid on Monday evening. Jirama was forced to implement rotating power cuts in many neighborhoods of the capital and its surrounding areas between 7:00 PM and 9:00 PM on Monday. The company cited a technical failure on the first Combustion Turbine (TAC1) at the Ambohimanambola

Street food vendors and merchants occupying the Filaos space, located near the Central Bank of Madagascar by the seaside in Mahajanga-Be, staged a protest late last week. They displayed a banner to contest their eviction from the site. Following the completion of rehabilitation works at the Filaos space a few months ago, the municipality decided

In a report published at the end of July, S&P Global Ratings maintained Madagascar’s sovereign rating at B-. This update confirms that the country has continued its stabilization over the last six months. Growth prospects remain favorable despite recent shocks. On July 27, 2026, S&P Global Ratings released a report assessing the country’s economic situation.

After a four-year interruption due to political tensions between Madagascar and the Comoros, the air link between the two countries resumed last Thursday. Direct flights had been suspended in July 2022 following a decision by Malagasy authorities based on health considerations. To mark this milestone, an inaugural flight was operated by Madagascar Airlines between Antananarivo

Institutional discussions continue regarding the Volobe hydroelectric project. Officials from the Compagnie Générale d’Hydroélectricité de Volobe (CGHV) were received by the President of the National Assembly on Friday, July 31. This meeting provided an opportunity to review the project’s progress and discuss the next steps leading to its implementation. Captured & Published at: 2026-08-03 09:09:02

The Ministry of Land Management and Land Services (MATSF) has allocated 130 hectares of land to the Ministry of Energy and Hydrocarbons (MEH). The site is located in Tsimahabeomby, in the rural commune of Ambohimandry, Arivonimamo district, Itasy region. This allocation was formalized by decree No. 24 492/2026-MATSF dated the 27th. Captured & Published at:

Recently appointed as the CEO of MVola, Alexandre Castel outlines his priorities and the company’s ambitions. Placing the customer at the center of operations and strengthening financial inclusion are the key highlights of his strategy. On his background: Alexandre Castel, 40, has over 15 years of experience in Africa, with a focus on essential services