Category Archives: Madagascar News
The Secretary-General of the World Tourism Organization (UNWTO), Taleb Rifai has visited Madagascar to express the Organization’s full support to the tourism sector. Madagascar’s tourism is facing a challenging situation following a plague outbreak which has prompted some countries to implement travel restrictions with Madagascar. Mr Rifai recalled the World Health Organization (WHO) advises no restriction on travel or trade on Madagascar.
The United Nations Convention on Transparency in Treaty-based Investor-State Arbitration enters into force today
The United Nations Convention in Transparency in Treaty-based Investor-State Arbitration (“The Mauritius Convention on Transparency”) will enter into force today, 18 October 2017. The Convention has to date been ratified by Canada, Mauritius and Switzerland. None of the ratifying States made reservations and, as a result, the Transparency Rules are now part of the investor-State dispute settlement regime created by investment treaties concluded by those three States. Consequently, the Transparency Rules will apply to investor-State disputes arising under investment treaties concluded by those States before April 2014 in accordance with the conditions set forth in the Transparency Convention and the relevant investment treaties.
Key aspects of the agreement include an assessment of the electrical grid based on the new power generation sources; applying financing concepts that will ensure the long-term sustainability of these infrastructure initiatives; and creating opportunities for local upskilling and job creation during construction and operation
Today, the U.S. Trade and Development Agency awarded a grant to Henri Fraise Fils & Cie, a Malagasy energy company, for the development and implementation of minigrids in Madagascar, where only 15 percent of the population has electricity access. The grant supports the technical and economic study of solar photovoltaic (PV) powered minigrids with integrated battery storage technology at up to 100 sites, as well as a pilot to demonstrate the minigrid solution.
The AU-ECA-AfDB Land Policy Initiative (LPI) in partnership with the government of Madagascar organised a workshop on 31 August 2017 to validate the Country Report and Business Plan on Mainstreaming Land Governance in the National Agricultural Investment Plan of the Comprehensive Africa Agricultural Development Programme (NAIP/CAADP).
Power Africa attended the Africa Energy Forum (AEF) to further advance its goal to increase energy access and power generation in sub-Saharan Africa. Through grant signings, facilitated events, and targeted meetings with government and private sector partners, Power Africa plans to further increase the number of transactions that have reached financial close. Currently, the 76 projects that have reached this status are expected to generate over 7,107 megawatts (MW) since the initiative’s 2013 launch.
Le Conseil d’administration du FMI approuve un accord au titre de la facilité élargie de crédit d’un montant de 304,7 millions de dollars en faveur de Madagascar
La décision du Conseil d’administration ouvre la voie au décaissement immédiat de 31,428 millions de DTS (environ 43,5 millions de dollars)
On July 27, 2016 the Executive Board of the International Monetary Fund (IMF) approved the equivalent of SDR 220 million (about US$304.7 million, or 180 percent of current quota) under a 40-month Extended Credit Facility (ECF) arrangement for Madagascar, to help reinforce macroeconomic stability and boost sustainable and inclusive growth.
Colloque international à la FAO du 15 au 17 février 2016
Specific policies, targeted sectoral strategies and effective institutions to implement them are instrumental to meeting Madagascar’s development objectives, according to the Investment Policy Review (unctad.org/en/pages/PublicationWebflyer.aspx?publicationid=1384) (IPR) of the country which was discussed at an intergovernmental meeting at the United Nations in Geneva on 3 December. The event brought together high-level representatives from the Government of Madagascar, the international community and local and foreign investors.
La sécurité alimentaire s’aggrave dans les zones victimes de troubles civils et de conditions météorologiques défavorables
La corruption gagne du terrain et les gouvernements sont impuissants à enrayer le phénomène, d’après le sondage d’opinion mené en Afrique
Transparency International estime que 75 millions d’Africains ont versé un pot-de-vin au cours de l’année dernière