Category Archives: Madagascar News

Madagascar News

Data security and privacy laws develop across Africa

Numerous countries in Africa have developed or implemented data privacy and security laws in their countries in the last few years. With the rapid rise in digitisation as a result of the pandemic, the broad implementation of such laws across the continent has never been more urgent. Countries including Ghana, Kenya, Madagascar, Mauritius, Nigeria, Rwanda, […]

Deepening the Economic Partnership Agreement between the EU and Eastern and Southern Africa

Photo credit: Michal Marek (Pexels.com)

The European Union and five countries in Eastern and Southern Africa – Comoros, Madagascar, Mauritius, Seychelles and Zimbabwe – have started negotiations on deepening their Economic Partnership Agreement. Stakeholders in these countries, including business and civil society, can contribute to this process. One way to contribute is via an independent study launched by the European […]

Who are the 10 nominees for the Prize for Innovation for Africa in the amount of US$ 185 000?

African innovation: Investing in Inclusive Innovation Ecosystems

This year, the topic of the contest is “African innovation: Investing in Inclusive Innovation Ecosystems”. The African Innovation Fund (AIF) has received more than 3,000 applications from more than 52 countries to participate in the competition to receive a prize for innovation for Africa. The proposed innovations address the most important tasks in the field […]

Can African developers make billions in video games?

Video Games made-in-Africa reach the Global Scene during Devcom Thanks to Paradise Game, ahead of Gamescom 2018

The development of video games in Africa as one of the important directions for the development of the economy of the African countries. The global video game industry accounts for about $ 100 billion. 27% of these revenues come from mobile games. Africa has a huge potential with 500 million Africans who own a mobile […]

Key Player In Energy Transition In Africa

Africa has a population of 1.2 billion, but 50% do not have access to electricity. In rural areas, far from the national electrical networks, this rate reaches 82% of the population, i.e. over 600 million people [1], making it particularly important to bring electricity to these zones. At the Africa CEO Forum, which is currently being […]

UNWTO expresses confidence on tourism in Madagascar

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 […]

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 […]

Siemens signs MoU with Madagascar to accelerate country’s power generation

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 Increase capacity by up to 300MW by 2019 through short, […]

USTDA Connects U.S. Energy Industry to Projects in Madagascar

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 […]

Madagascar to lay focus on land governance in its Agricultural Investment Plan

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). The project is part of a cross country pilot […]

Highlights from Power Africa at Africa Energy Forum

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 […]

2017 Travel Goals; Explore Six of Africa’s Most Exotic Islands

No one talks of safari without mentioning the great treks that crisscross the African continent. So popular is this cradle of mankind for its magic-ridden sunsets and vast plains teeming with wildlife, that many seem to awe away at the bush ideal, totally ignoring that the continent also takes pride in mothering some of the […]

IMF Executive Board Approves US$304.7 million Extended Credit Facility Arrangement for Madagascar

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. Following the Board’s decision, SDR […]

Madagascar Singapore Business Forum 2016

by Otavio Veras, Researcher Associate of the NTU-SBF Centre for African Studies Synopsis This Wednesday, May 18th, Singapore was host for a very special guest: a delegation from Madagascar, the 4th largest island in the world, located in East Africa, Indian Ocean. The entourage was headed by His Excellency, Mr. Hery Rajaonarimampianina, President of Madagascar, […]

UNCTAD – Madagascar seeks to improve its attractiveness to foreign investors

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 […]

IMF Executive Board Approves US$42.1 Million Disbursement Under the Rapid Credit Facility for Madagascar

On November 18, 2015, the Executive Board of the International Monetary Fund (IMF) approved a SDR30.55 million (about US$42.1million) disbursement in financial assistance for Madagascar under the Rapid Credit Facility (RCF)1. This is intended to assist the authorities to meet urgent balance of payments needs. The authorities’ request follows a first RCF disbursement of an […]

Madagascar signs new financing agreement to boost food security, nutrition and incomes of smallholder farmers

The Republic of Madagascar and the United Nations International Fund for Agricultural Development (IFAD) signed an agreement today to finance the Project to Support Development in the Menabe and Melaky Regions – Phase II (AD2M-II). The total cost of the project is US$56.7 million. The funding is comprised of a $34.4 million IFAD loan, a […]

The Republic of Congo, Gabon and Madagascar sign the United Nations Convention on Transparency in Treaty-based Investor-State Arbitration

During the 2015 Treaty Event, “Seventy Years of Multilateral Treaty Making at the United Nations,” held at United Nations Headquarters in New York (28 September – 1 October 2015), Gabon, the Republic of Congo and Madagascar signed the United Nations Convention on Transparency in Treaty-based Investor-State Arbitration (the “Mauritius Convention on Transparency”), respectively on 29, […]

Southern Africa Officials Share Experience of Natural Resource Wealth Management

The IMF’s Africa Regional Technical Assistance Center South (AFRITAC South), in collaboration with the Africa Training Institute, held a seminar on “Strengthening Fiscal Frameworks and Public Financial Management Systems for Managing Natural Resource Wealth” on September 21–25, 2015 in Mauritius. The event brought together government officials from Angola, Botswana, Comoros, Lesotho, Madagascar, Mauritius, Mozambique, Namibia, […]

Government Officials from Central and Southern Africa Promote Good Practice in Preventing Tax Fraud

The AFRITACs Central and South organized on September 28-October 2 an interregional seminar, in collaboration with the Africa Training Institute. The event organized at the institute’s headquarters in Mauritius brought together senior officials and experts in tax and customs from Burundi, Cameroon, Central African Republic, Chad, Comoros, Gabon, Equatorial Guinea, Madagascar, Mauritius, the Democratic Republic […]

Intra-Africa trade to create compelling opportunities for local exporters

South Africa’s largest intra-African trade partners include Angola, Nigeria and Kenya, which make up nearly 50% of export volumes. According to Matthew Conroy, Trade Manager of Maersk Line Southern Africa – a member of Maersk Group – these regions present a compelling opportunity for local businesses to explore, and provide an alternative to the traditional […]

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