Business

The presidential agenda remains particularly busy at the beginning of this month of July. The president of the Refondation (PRRM), Colonel Michaël Randrianirina, received Kodjovi Eklou, Resident Representative of the International Monetary Fund (IMF) in Madagascar, in an audience yesterday morning at the Iavoloha State Palace. Behind the protocol of a simple courtesy visit, this […]

Africa can no longer be treated as if it were operating within a normal economic context. This is the core message delivered by Dr. Sidi Ould Tah, President of the Arab Bank for Economic Development in Africa (BADEA), during the 2026 African Caucus held in Banjul, The Gambia. Addressing the African governors to the International

Most travelers from all over the world, as well as the Malagasy diaspora visiting Madagascar, often leave with typical and original products from the Codal brand, which have become essential souvenirs of the Great Island. This is precisely why the company has reached a new milestone. “We have set […” Captured & Published at: 2026-07-08

Solar energy production is on the rise. Jirama has announced the injection of an additional 2 MW into the Antananarivo Interconnected Grid (RIA) this week. This contribution comes from the new solar park in Ilafy, which has officially begun its startup phase. While this commissioning is positive news, particularly during this low-water period that reduces

Produir 1 has expired. Long live Produir 2. Madagascar has secured $225 million in funding from the World Bank Group for the second phase of the Integrated Urban Development and Resilience Project for Employment (Produir 2). This decision comes immediately following the conclusion of the project’s first phase and expands its scope. Captured & Published

International funding continues. The World Bank Group has approved $225 million in financing for the Integrated Urban Development and Resilience Project for Employment (PRODUIRE 2). This new program aims to strengthen the resilience of cities against climate risks, improve essential infrastructure, and promote job creation. Captured & Published at: 2026-07-07 09:12:52 (Madagascar Local Time EAT)

Airtel Africa, one of the leading telecommunications and mobile payment service providers across 14 African countries, has saved 9.1 million liters of diesel during its 2025/2026 financial year, which has just concluded, as part of its efforts to foster responsible growth by minimizing the environmental impact of its operations. Captured & Published at: 2026-07-07 08:43:26

The 2026 African Caucus is being held this week in Banjul, the capital of The Gambia. This is a high-level meeting bringing together African governors to the International Monetary Fund (IMF) and the World Bank. Ministers of Economy and Finance, as well as central bank governors from across the continent, are convening to coordinate their

Salary increases in the private sector will take effect this July. Employers are planning to stagger the payment of salary arrears. Staggered payment of salary arrears: this is the scenario currently emerging for private sector employees. Employers are considering spreading out the payment of arrears linked to salary increases that have been applicable since March.

The draft law instituting the direct importation of petroleum products by the Malagasy State, through an authorized entity, is already raising questions within the economic sphere. This is due to the simple reason that the future entity authorized by the State will benefit from a certain number of preferential treatments compared to other operators. Derogation…