Favorable economic environment Seychelles has been ranked as the most attractive country for investors on the African continent for 2024, according to the « Where to…
Economic context favorable to price increases Gold prices have risen by 20 % this year, with historic records broken each month. The yellow metal is now being sold for…
Boosting exports to common markets Currently, Madagascar exports less than 5 % of its trade with Africa. According to the African Development Bank (ADB), the Great…
Promoting financial inclusion Last year, 342 million financial transactions were conducted through Mobile Money. According to the report by the National Coordination of Inclusive Finance (CNFI),…
Investments and the tourism sector support the economy The year 2023 was marked by strong economic growth, with GDP growth estimated at 7% at market prices,…
Significant decrease in merchandise exports According to the Banky Foiben’i Madagasikara (BFM), there has been a « deterioration in the trade deficit situation. » This deterioration…
Strengthening economic exchanges Madagascar took part in the 2024 African Caucus, which addressed the following topic : « Encouraging Intra-African Trade: A Driver of Sustainable Economic…
Madagascar’s performance is satisfactory The first performance review of World Bank-financed projects for fiscal year 2024 took place in Antananarivo on Tuesday, with Madagascar’s performance deemed…
Six semiannual reviews planned over 3 years The International Monetary Fund (IMF) plans to conduct the first assessment of the Extended Credit Facility (ECF) from September…
Two strategic cooperation agreements This year marks the twentieth anniversary of the establishment of the « first public procurement code » in Madagascar by the National…
Creating a favorable framework for investment Mauritius and the United Arab Emirates (UAE) have signed an economic partnership agreement in Dubai. The partnership agreement between Mauritius…
Decrease in exports as the main cause There is a new increase in the ariary on the interbank foreign exchange market (MID). According to the latest…