Ylias Akbaraly : Leading in Madagascar According to Forbes Africa, Hassanein Hiridjee, Hasnaine Yavarhoussen, and Ylias Akbaraly are among the business leaders whose companies generate significant…
Digital sector represents Only 1.7 % of GDP The digital sector contributes relatively little to the gross domestic product (GDP). Although the sector has been expanding…
Further strengthening economic and trade ties Last week, a meeting took place between the AFOA member countries, including Madagascar, and the European Union. The focus was…
Promoting economic development on the island The Ministry of Industrialization and Trade (MIC) has been actively engaging in efforts to boost the country’s economic growth. Notably,…
Strengthening public financial management The Government of Madagascar, through the Ministry of Economy and Finance (MEF), officially launched the first phase of the Financial Management and…
Addressing macroeconomic issues Officials from the International Monetary Fund (IMF) have arrived in Madagascar for the first review of the Extended Credit Facility (ECF). Several key…
Expanding International Collaborations During a meeting with the Executive Director of the International Trade Centre (ITC), Madagascar has expressed its interest in hosting international events to…
Supporting the country’s development financing The African Development Bank (AfDB) has granted 67 million USD to Madagascar, according to the Ministry of Economy and Finance. In…
Boosting production capacity Stimulating national production, attracting foreign direct investment (FDI), and developing the textile industry are just some of the opportunities emerging in this sector.…
Opening Madagascar to Chinese investors Four agreements were signed between Chinese and Malagasy companies ahead of the 9th edition of the Beijing Summit of the Forum…
Economic growth supported by investments Fitch Ratings has affirmed Seychelles’ credit rating at BB-, citing favorable prospects backed by strong global banking governance indicators and multilateral…
Strengthening China-Africa cooperation China has introduced zero-tariff treatment for products imported from thirty-three least-developed countries, including Madagascar, to boost trade relations. China recently announced the implementation…
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