INVESTMENT – The United States affirms its interest in Madagascar

The meetings held by the Head of State in New York have highlighted the United States’ interest in Madagascar. The discussions focused on investments, strategic resources, and cooperation.

Promising. This word summarizes the enthusiasm expressed by Colonel Michaël Randrianirina, Head of State, regarding the follow-up to his meetings with American stakeholders on the sidelines of his stay in New York last week.

“We specifically requested the arrival of American investors in Madagascar. Several are expected to come, but we shall see,” the Iavoloha resident indicated to the press on Friday evening. Many of these exchanges placed significant importance on economic issues and investment opportunities in Madagascar, in a context where the United States is showing particular interest in the strategic sectors of the Great Island.

On September 23, the Head of State met with representatives of the American private sector, including those from the Jordache Mklein group, which is present in several free trade zones in Madagascar. Discussions focused on strengthening economic cooperation between the two countries and the possibilities of increasing American investments.

The issue of financing was also addressed. Colonel Randrianirina spoke with Marques Coleman, Vice President and head of a rapid deployment office, as well as with partners from the U.S. International Development Finance Corporation (DFC) and Harena Rare Earths. According to the presidency, the exchanges concerned projects in the fields of energy infrastructure, water, and agriculture.

This sequence comes as the DFC, the American development bank for investment, recently committed to financing the development of the Harena Rare Earths project in Ampasindava, in the northwest of the country. According to the agency, this is its first mining investment in the country, representing a potential source of rare earths necessary for certain American industrial supply chains.

Strategic resources were likely a highlight of these meetings. The DFC indicated that Madagascar is among the countries where it can provide financial support and work with the private sector. On September 24, the Head of State also met with Frank Garcia, U.S. Assistant Secretary of State for African Affairs, to discuss bilateral cooperation, particularly in maritime security, the functioning of the AGOA (African Growth and Opportunity Act), and the resumption of visa issuance in Antananarivo.

Despite the ongoing challenges surrounding the Vara Mada project in the southwest, which continues to face local opposition, American interest in Madagascar appears to be growing, particularly in the strategic resources sector.

Captured & Published at: 2026-09-28 05:53:35 (Madagascar Local Time EAT)
Original Source: https://www.lexpress.mg/2026/09/investissement-les-etats-unis-affirment.html

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