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Madagascar

Axian and AFG Assur shake up insurance sector

Up until now insurance in the country was dominated by the national company ARO, but it's now opening up to new stakeholders. Among them are the companies of multimillionaire Hassanein Hiridjee and Ivorian banker Bernard Koné Dossongui.

Subscribers only Finance, Business 16.05.2025

China's CJIC wins $6m contract for Mandroseza water pump station

In June, Chinese firm CJIC will launch the rehabilitation of the Mandroseza Lake pumping station in Madagascar's capital.

Subscribers only Infrastructure 13.05.2025

William Bourdon continues to plead "Lôla" case

French lawyer Wiliam Bourdon has sent a letter to Emmanuel Macron concerning his client, Franco-Malagasy journalist Rolland Hubert Rasoamaharo, also known as ‘Lôla’, who is being held in Antanimora prison.

Subscribers only Politics, Diplomacy 30.04.2025

EDF joins Volobe dam shareholders' agreement

The French energy group's place in the consortium operating the Volobe dam has almost been finalised. The project is estimated at €600m.

Subscribers only Infrastructure, Energy 23.04.2025

Former ambassador Le Roy to accompany Macron to Antananarivo

The 72-year-old diplomat is part of the delegation that will be travelling with the French President to Antananarivo from April 22 to 24. He was ambassador to Madagascar between 2005 and 2007.

Subscribers only Diplomacy 21.04.2025

Japan's Sumitomo appoints new CFO for Ambatovy

Japanese nickel and cobalt mining and industrial complex Ambatovy has appointed a new CFO, Kentaro Kanayama.

Subscribers only Mining 18.04.2025

Paul Ryberg, Antananarivo's trump card in Washington

US attorney Ryberg is one of the Antananarivo emissaries sent to the States to extend the African Growth Opportunity Act and reduce the new customs tariffs.

Subscribers only Business, Diplomacy 16.04.2025

Antananarivo arranges cover for its absent ambassador in France

Pending a replacement for the ailing Olivier Hugues Rija Rajohnson, Lionel Ratsirimpady has been appointed chargé d'affaires.

Subscribers only Diplomacy 10.04.2025

Spotlight
List of companies that will accompany Macron on Indian Ocean tour revealed

Around 20 business leaders will accompany the French president on his trip this month to Madagascar and Mauritius. The names may still change in the fortnight before his departure, but here we reveal some of the participants.

Subscribers only Infrastructure, Business, Diplomacy 08.04.2025

Andry Rajoelina (left) and Emmanuel Macron at the Élysée Palace in Paris, 26 July 2024.

French firm seeks IMF help in recovering debts owed by Antananarivo since 1984

Touzet International has written directly to the head of the IMF requesting her intervention.

Subscribers only Business 03.04.2025

Freemasons order Droit Humain organises its first continental symposium

Madagascan freemasons are aiming to merge into a new federation with an international vocation that will be launched at a June event in Johannesburg.

Subscribers only Politics 02.04.2025

Sahofika hydroelectric dam project takes shape

Several major groups have positioned themselves to win the tender for the dam on the Onive river. The participation of Madagascar's sovereign wealth fund means that the venture will begin soon.

Subscribers only Infrastructure 01.04.2025

France's Musée de l'Homme to return royal relics to Menabe

Ahead of French President Emmanuel Macron's visit to Antananarivo, Madagascar's culture minister will be travelling to Paris to recover the skull of King Toera. Accompanied by descendants of the former sovereign, she will co-preside over a ceremony in the presence of her French counterpart Rachida Dati.

Subscribers only Diplomacy 28.03.2025

Madagascan Culture Minister Volamiranty Donna Mara and her French Counterpart Rachida Dati in Paris, 3 October 2024.

Base Toliara company speeds up revision of mining investment legislation

Large-scale mining investment legislation could be updated this year, thanks in part to the lobbying of the mines minister by Base Toliara's management.

Subscribers only Mining 27.03.2025

Macron visit prompts Entretiens de Royaumont think tank to hold forum in Antananarivo

The liberal discussion forum set up by ex-French MP Jérôme Chartier will hold an event in Antananarivo to coincide with the French president's visit. It is being organised in partnership with businessman Hassanein Hiridjee's Fondation Axian.

Subscribers only Business 21.03.2025

Rajoelina's education minister creates her own party

Madagascar's Education Minister Marie-Michelle Sahondrarimalala has launched her political movement in the Hauts-Plateaux region, where she was elected.

Subscribers only Politics 19.03.2025

Medef International delegation expected in Antananarivo during Macron's trip

As part of the French president's visit to Madagascar on 23 April, a meeting will be held between Medef and the Groupement des Entreprises de Madagascar, the country's main employers' association.

Subscribers only Business 18.03.2025

Rio Tinto withholds payment due to sovereign wealth fund dysfunction

The payment by QIT Minerals Madagascar of $12m in dividends for 2023, which should have been lodged with the Fonds Souverain Malagasy last August, will be delayed a little longer as the firm does not deem the sovereign fund to be functional.

Subscribers only Mining 14.03.2025

Japanese firm Sumitomo orders audit of Ambatovy

Ambatovy, the mining and industrial complex, which has been hit hard by the fall in nickel prices, is to be audited by the Japanese company, its main shareholder.

Subscribers only Mining 11.03.2025

Rio Tinto subsidiary QMM recruits high-profile anti-graft campaigner

The lawyer Sahondra Rabenarivo, a well-known face on the anti-corruption scene, is going into the private sector. She has been appointed as corporate and external relations director at Qit Mineral Madagascar, the local subsidiary of Rio Tinto.

Subscribers only Mining, Business 07.03.2025

Academic Mbembe visits Antananarivo to open branch of Macron's African democratic foundation

Achille Mbembe, a leading political scientist and historian from Cameroon, visited the Malagasy capital at the start of March to open the local branch of the Innovation for Democracy Foundation, of which he is MD.

Subscribers only Diplomacy 05.03.2025

Tana awaits $75m from the World Bank for aviation sector

The World Bank will vote in May on a $75m subsidy to boost civil aviation in Madagascar.

Subscribers only Finance 03.03.2025

Launch of Antananarivo cable car postponed again

More than a year after the call for tenders, President Rajoelina has still not chosen the consortium to run the capital's cable car transport, but a resolution may be in sight.

Subscribers only Infrastructure 27.02.2025

Spotlight
Antananarivo prepares to cut number of vanilla exporters

Madagascar's trade minister wants to radically reduce the number of vanilla exporters in a bid to rationalise the key sector. The potential move is troubling the industry, particularly US clients, who buy 70% of the country's vanilla.

Subscribers only Commodity traders 26.02.2025

Vanilla beans drying in Bemalamatra, north Madagascar, in 2016.

Base Toliara seeks tax benefits and stability guarantees

Work on the $770m project will begin in 2026, but in the meantime the mining company is seeking special status under the Law on Large Mining Investments, which it considers more favourable to investors.

Subscribers only Mining 21.02.2025

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Madagascar

Axian and AFG Assur shake up insurance sector

China's CJIC wins $6m contract for Mandroseza water pump station

William Bourdon continues to plead "Lôla" case

EDF joins Volobe dam shareholders' agreement

Former ambassador Le Roy to accompany Macron to Antananarivo

Japan's Sumitomo appoints new CFO for Ambatovy

Paul Ryberg, Antananarivo's trump card in Washington

Antananarivo arranges cover for its absent ambassador in France

Spotlight
List of companies that will accompany Macron on Indian Ocean tour revealed

French firm seeks IMF help in recovering debts owed by Antananarivo since 1984

Freemasons order Droit Humain organises its first continental symposium

Sahofika hydroelectric dam project takes shape

France's Musée de l'Homme to return royal relics to Menabe

Base Toliara company speeds up revision of mining investment legislation

Macron visit prompts Entretiens de Royaumont think tank to hold forum in Antananarivo

Rajoelina's education minister creates her own party

Medef International delegation expected in Antananarivo during Macron's trip

Rio Tinto withholds payment due to sovereign wealth fund dysfunction

Japanese firm Sumitomo orders audit of Ambatovy

Rio Tinto subsidiary QMM recruits high-profile anti-graft campaigner

Academic Mbembe visits Antananarivo to open branch of Macron's African democratic foundation

Tana awaits $75m from the World Bank for aviation sector

Launch of Antananarivo cable car postponed again

Spotlight
Antananarivo prepares to cut number of vanilla exporters

Base Toliara seeks tax benefits and stability guarantees

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Indigo Publications' websites

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Madagascar

Axian and AFG Assur shake up insurance sector

China's CJIC wins $6m contract for Mandroseza water pump station

William Bourdon continues to plead "Lôla" case

EDF joins Volobe dam shareholders' agreement

Former ambassador Le Roy to accompany Macron to Antananarivo

Japan's Sumitomo appoints new CFO for Ambatovy

Paul Ryberg, Antananarivo's trump card in Washington

Antananarivo arranges cover for its absent ambassador in France

Spotlight List of companies that will accompany Macron on Indian Ocean tour revealed

French firm seeks IMF help in recovering debts owed by Antananarivo since 1984

Freemasons order Droit Humain organises its first continental symposium

Sahofika hydroelectric dam project takes shape

France's Musée de l'Homme to return royal relics to Menabe

Base Toliara company speeds up revision of mining investment legislation

Macron visit prompts Entretiens de Royaumont think tank to hold forum in Antananarivo

Rajoelina's education minister creates her own party

Medef International delegation expected in Antananarivo during Macron's trip

Rio Tinto withholds payment due to sovereign wealth fund dysfunction

Japanese firm Sumitomo orders audit of Ambatovy

Rio Tinto subsidiary QMM recruits high-profile anti-graft campaigner

Academic Mbembe visits Antananarivo to open branch of Macron's African democratic foundation

Tana awaits $75m from the World Bank for aviation sector

Launch of Antananarivo cable car postponed again

Spotlight Antananarivo prepares to cut number of vanilla exporters

Base Toliara seeks tax benefits and stability guarantees

Create a notification

About Africa Intelligence

Subscription

Africa Intelligence on social media

Indigo Publications' websites

Namibia
Namibia oil utopia hangs on TotalEnergies' final investment decision

Nigeria
The latest secrets of a $10bn legal scandal between Abuja and London

Spotlight
List of companies that will accompany Macron on Indian Ocean tour revealed

Spotlight
Antananarivo prepares to cut number of vanilla exporters