It is not a surprise but it is now official. Hery Rajaonarimapianina, the current President of Madagascar will be running for reelection in the upcoming national election -- with the full backing of his party.
Madagascar Tender and Business News
The just-released latest edition of the World Bank's Madagascar Economic Update shows the economy has been performing well -- at 4.2 percent for 2017 and projected to hit 5.0 percent in 2018.
Many African countries are now actively embracing what is called the "blue economy", with business and social benefits for actively looking to oceans, lakes and rivers to help expand their business opportunities.
The U.S. Department of Agriculture is inviting businesses interested in growing their exports to Africa to join the USDA's upcoming trade mission to South Africa from October 29-November 2, 2018.
Tetra Tech, an engineering services company headquartered in California, has been awarded a $22 million single-award contract, to support biodiversity protection and enhance livelihoods in Madagascar.
RS Components, the trading brand of Electrocomponents plc, just announced a significant expansion in its supply of electronic components within Africa. It just opened an e-commerce website, www.RSOnline.africa to serve a total of 15 countries countries on the continent.
Africa Code Week (ACW)'s 2018 program had its first official event on June 12 with the beginning of its Train-the-Trainer Workshops in Madagascar.
The Malagasy government's levying of what Amnesty International called "an absurd $8 USD fine" on an environmental activist, based on trumped-up charges, proves Madagascar is continuing its crackdown on people speaking out against illegal trafficking of the country's natural resources.
The Fianarantsoa Appeal Court upheld the recent two-year suspended jail sentence against Raleva, an environmental human right rights defender in Madagascar. The protest by Raleva involved a Chinese Corporation and local gold mining activities.
Greater Antananarivo, the capital of Madagascar, just received a $75 million International Development Association (IDA) credit from the World Bank, to improve urban drainage, selected public service upgrades, and climate resilience improvements for its urban poor.
French mass media conglomerate Vivendi and Paris-based telecom Orange are partnering to open new movie theaters across western and central Africa. The goal is to help reestablish the experience of movie-watching under the best technical conditions and in comfort, after three decades in which cinemas have all but disappeared in some area.
On March 28, a team from the International Monetary Fund (IMF) visited Antananarivo for a two week review of Madagascar's economic reform program, a program supported by the IMF's three-year Extended Credit Facility (ECF).
Intelcia, a customer relations outsourcing company based in Morocco, announced the integration of outsourcing sites Outremer Télécom Maurice et Madagascar, which will now conduct business under the Intelcia banner.
The servicing arm of the Lebanese Credit Insurer (LCI), LCI Services, has expanded its Debt Collection Services to cover 11 new African markets to support clients in their regional growth and protect their trade receivables.
As a part of the African Union (AU) initiative, the International Air Transport Association (IATA) has announced the launching of the Single African Air Transport Market (SAATM) with the goal of opening up Africa's skies and improving intra-African air connectivity.
Sweden has announced its investment of over SEK 800 million to the 'Strategy for Sweden'’s regional development cooperation in sub-Saharan Africa.
On January 25, HE Hery Rajaonarimampianina, the President of the Republic of Madagascar, presented a proposed strategy for growth and transformation as a major player on the global stage by 2030.
The World Health Organization (WHO) is moving quickly to respond to a plague outbreak in Madagascar which has spread rapidly to the capital and port towns. It has infected more than 100 people in only a few weeks.
The Republic of Madagascar and Siemens have just signed a Memorandum of Understanding to find and implement the means to fast track power generation in the country. The goal is to add another 300MW of power to the country's grid by 2019.
The Land Policy Initiative (LPI), a joint project of the African Union, the African Development Bank and the United Nations Economic Commission for Africa, recently held a workshop in partnership with the government of Madagascar to review a major Country Report and Business Plan for the nation.
The 2nd Japan-Africa-Business Forum, with the theme "Investment and Business Opportunities with Africa", was held in Tokyo on July 25-26. Among the many connections made there, one key announcement emerged, as Burkina Faso's ZIL Telecom and Japan's Lequio Power Technology Corporation signed a West Africa distribution contract there.
Representatives from the Indian Ocean Islands and East Africa met in a major two-day planning session on June 27-28, to discuss the Fisheries Transparency Initiative (FiTI), an initiative to attack the growing global problem of illegal fishing.
A new competition was just launched to find and support providers of innovative and scalable financial products and services that improve the lives of poor people in rural areas of Africa.
South Africa's Department of Trade and Industry (the dti), in partnership with the Depaartment of International Relations and Cooperation (DIRCO) and the Development Bank of South Africa (DBSA), are hosting the Madagascar Investors Conference on June 14 and 15.
A special course was recently held on Industrial Policy in Africa, for civil servants from 20 African countries. Its goal was to strengthen the group's capacity in designing, implementing, monitoring and evaluating appropriate strategies to facilitate the structural transformation of the continent’s economies.