Business

INFRASTRUCTURE – Work begins on the RN1 bis road

It has begun. The rehabilitation work on the RN1 bis, connecting Maintirano to Tsiroanomandidy, has officially started. This announcement was made by Michaël Randrianirina, President of the Refondation. For this major project, the State has entrusted the mission to the military. The first equipment has already arrived on site, and work has commenced immediately. Long […]

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TECHNOLOGY – Two Chinese companies support Madagascar in developing its satellite program

On Friday, at the Iavoloha State Palace, the Malagasy government signed a memorandum of understanding with two Chinese companies, Jinyuan Holding International Co. Ltd and Suzhou Fuchang Space Technology Co. Ltd, to launch a satellite development program for Madagascar. Under the terms of the agreement, the two Chinese firms will handle the design, manufacturing, launch,

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Anti-Corruption: 545 Million Ariary in Illicit Assets Ready to be Transferred to the Public Treasury

The Agency for the Recovery of Illicit Assets (ARAI) is still awaiting the opening of a specific Treasury account to transfer 545 million ariary resulting from final confiscations. Four years after its creation, the agency reports having received eight final confiscation decisions, now allowing these funds to be returned to the State. These 545 million

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EMPLOYMENT – A unique database to track the flows of Malagasy migrant workers

Which countries host the most workers from Madagascar? In which sectors are Malagasy migrant workers most active? How many leave each year? This information should soon be more easily accessible thanks to a unique labor migration database that the Ministry of Labor, Employment and Civil Service and the National Institute of Statistics (Instat) plan to

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DEVELOPMENT – IFAD announces mobilization of $450 million over four years for Malagasy farmers

Significant results have been achieved. The International Fund for Agricultural Development (IFAD) reports that it has supported more than 500,000 rural households over the past four years. This support was made possible by the $450 million the organization mobilized to accompany rural development on the Great Island. This financial package has largely contributed to the

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COMMERCE – ANMCC denounces fraudulent practices by some condensed milk importers to bypass safeguard measures

Non-compliant labels. Enhanced labeling controls conducted by the National Authority for Corrective Measures (ANMCC) have revealed that some importers are using inappropriate Harmonized System (HS) codes for condensed milk and creamers. The ANMCC denounced these fraudulent practices during an information meeting held on Thursday, noting that they are used to evade the additional duties required

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African Caucus: Focus on the urgency of adapting training to the jobs of tomorrow

Africa will not be able to fully benefit from its youth without a profound transformation of its education and training systems, according to African leaders and representatives of international partners. During meetings in Banjul, The Gambia, as part of the African Caucus 2026, African officials and representatives of the World Bank discussed the critical need

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COFACE Ranking: Madagascar remains in the high-risk country category

The 9 months of rebuilding have not significantly changed the business climate. Worse, the military’s seizure of power, which caused concern among international observers and tarnished Madagascar’s image, has clearly had a negative impact on the business environment rating. Indeed, the country remains classified in the high-risk category. Captured & Published at: 2026-07-18 06:57:11 (Madagascar

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FOREIGN TRADE – Imported condensed milk remains under safeguard measures

The National Authority for Trade Remedial Measures (ANMCC) has reminded importers of the regulations governing the import of condensed milk and creamer. This initiative aims to protect domestic production and strengthen oversight. Imports of condensed milk and cream remain subject to a safeguard measure designed to protect local production. On July 16, the ANMCC met

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ENTREPRENEURSHIP – Miarakap describes 2025 as an ‘antifragile’ year in its annual report

2025 was not an easy year; it was, in fact, particularly challenging. Despite a context marked by institutional uncertainties in Madagascar and a complex international economic climate, Miarakap, a fund manager specializing in supporting entrepreneurs, claims to have emerged stronger. In its 2025 annual report, CEO Emmanuel Cotsoyannis describes the period as an “antifragile year.”

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