Latest News Madagascar

Rail transport

02/09/2020 at 06h21, by Africa Business+

Madarail receives $50m grant for Antananarivo tramway project

Jeune Afrique Business+ gives you the details.

Air transport

19/08/2020 at 17h21, by James Ramarosaona

Air Madagascar appoints new board of directors

The partnership agreement forged between the two airlines on 30 November 2017 ended on 21 July 2020...

Media

18/08/2020 at 15h29, by Africa Business+

Caroline Wassermann set to defend Euronews (Africanews) vs. Sipromad

Jeune Afrique Business+ gives you the details.

Electricity

20/07/2020 at 15h00, by Aurelie Benoit

The EIB steps up for electrification in Madagascar

The institution leads in financing the interconnection project between two of the country’s major cities.  

Telecoms & Media

30/06/2020 at 14h33, by Julien Clémençot

Telma (Axian/Hiridjee) launches 5G in Madagascar with the support of local talent

Thanks to its partnership with equipment manufacturer Ericsson, the Hiridjee family group’s subsidiary...

Renewable energies

27/05/2020 at 16h49, by Aurelie Benoit

Sahofika dam: Madagascar plans to take a stake in NEHO (Eranove, Themis, Eiffage, HIER)

The government is looking to acquire a 10% to 15% stake in the company charged with developing the dam...

Large-scale distribution

18/03/2020 at 16h36, by Africa Business+

Hassanaly brothers (Talys group) to open the first Cash & Carry store in Madagascar at the end of 2020

The Malagasy group is preparing to open a sales outlet intended partly for wholesale customers under...

Mines

12/03/2020 at 20h57, by Africa Business+

Chromium mining in Madagascar: Kraoma looking for a new partner but Ferrum Mining determined to stay

No ore has been extracted from the mine near Brieville since December 2019. Operations have been suspended...

Renewable energies

28/02/2020 at 08h44, by Pierre-Olivier Rouaud

Madagascar: agreement to be finalised with lenders before the end March for Axian’s Volobe dam (€350 million)

The project company will soon sign a funding principle document in Paris with the French agency Proparco,...

Renewable energies

19/02/2020 at 15h34, by Africa Business+

Madagascar: the AfDB organises financing for the Sahofika dam project

The project’s sponsor is overseeing financing negotiations and had already granted a $100 million guarantee...

Insurance

18/02/2020 at 17h11, by Africa Business+

SMEs: Société Générale goes for a double grand slam in Madagascar

The French banking group wants to roll out a dual offering this year for small and medium-sized enterprises...

Air transport

11/02/2020 at 18h07, by Africa Business+

Marie-Joseph Malé (Air Austral) negotiates a complete divestment from Air Madagascar with Rajabali and CNAPS

One last point of contention between the industrial group and Madagascar’s social security agency halts...

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