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Reconstruction Reunion

Support for businesses after the Garance storm

102 million EUR reconstruction plan Following the passage of Hurricane Garance, the Réunion Region is activating the European RESTORE regulation to support the island’s reconstruction. At

Awareness and support for businesses

IEDOM strengthens its economic missions

Awareness-raising actions and increased support for businesses On March 5, 2024, the Overseas Departments Issuing Institute (IEDOM) presented its results for 2024. Despite the economic crises

Reconstruction after the passage of cyclone Garance.

European aid and measures for economic recovery

La Réunion proposes support measures for companies affected by the cyclone On 5 March, during the standing committee, the La Réunion Region announced the implementation of

Imports and Exports to the Island of Mauritius

Foreign Trade Outlook for 2025

Trade deficit expected to increase in 2025 According to the report published on February 25 by Statistics Mauritius, Mauritius’ trade deficit is expected to increase by

Mining in Madagascar

Reforms for economic growth

Energy, digital and mining: The pillars of economic recovery The Malagasy economy is showing signs of recovery, with growth maintained at 4.2% in 2024 and a

The Malagasy Economy

PortES : Digital Showcase for the Malagasy Economy

Madagascar launches its economic data portal On February 4, 2025, the Ministry of Economy and Finance (MEF), in partnership with the United Nations Development Programme (UNDP),

Strengthening the Island of Mauritius

Making Mauritius a Competitive Logistics Hub

Strategic logistics hub for the Indian Ocean Mauritius is strengthening its position as a key logistics center in the Indian Ocean. This was affirmed by Hambyrajen

Mauritius – UN : Strengthening Economic Cooperation

Establishing an economic transformation process Lisa Simrique Singh recently paid a courtesy visit to the Minister of Industry, SMEs, and Cooperatives at his office in Port

+5.0 % Growth Forecast for Madagascar in 2025

The Extractive Industry and Agriculture at the Heart of Recovery The Ministry of Economy and Finance has released its economic forecasts for 2025, projecting optimistic growth

People walk through a colorful market filled with fresh fruits and vegetables.

Estimated Inflation Rate for 2025 at 7.3 %

The IMF’s estimate for Madagascar in 2025 forecasts a gradual decrease in the annual inflation rate, expected at 7.3 %.

EU – Ministry of Industry : Promoting Economic Development

Supporting the private sector Roland Kobia, the European Union (EU) Ambassador, paid a courtesy visit to the Minister of Industrialization and Commerce, David Ralambofiringa. This visit

Comoros – United Nations : Annual Work Plan Approved

Budget for this plan is 34 Million USD The actions that UN agencies could undertake in 2025 are listed in a reference document. The program includes