Madagascar Time startup has launched $TIME, the new cryptocurrency focused on charity work around the globe. Backed by an international team, $TIME combines unprecedented technology in the crypto space with social entrepreneurialism.
The United Nations World Food Programme (WFP) received $1.2 million from the Republic of Korea to provide humanitarian activities for food crisis in Ethiopia, Nigeria, Madagascar, South Sudan and Burkina Faso.
Orange a ainsi lancé une plateforme digitale exclusivement dédiée au gaming qui réunit aujourd’hui plus de 10 000 joueurs issus de plus de 15 pays.
Massöva, fondée en 2018 par Marina Rakotondrasoa, est une entreprise agricole reconnue par les Nations Unies comme l'une des 50 meilleures petites entreprises au monde.
Telecom services company Lleida.net has signed new contracts with the national postal operating companies of Senegal and Sierra Leone and has renewed its existing contract with the postal operator of Malawi.
Lleida.net has signed contracts with the postal operators of five African countries to exclusively provide them with digital postal services and certified electronic communications technology.
Telma Madagascar and Ericsson’s collaboration to launch commercial 5G in 2020 was a landmark moment for technology advancement not only on the Indian Ocean island but for Africa too.
La collaboration entre Telma Madagascar et Ericsson pour le lancement de la 5G commerciale en 2020 a été un tournant décisif pour le progrès technologique non seulement sur l'île de l'océan Indien, mais aussi en Afrique
Rio Tinto has signed a power purchasing agreement for a new renewable energy plant to power the operations of its QMM ilmenite mine in Fort Dauphin, Southern Madagascar.
Madagascar's farmers stand to build stronger climate resilience, increase productivity, and more easily access financial services thanks to an agricultural insurance program announced by IFC and the Government of Madagascar.
[Madagascar] Jirogasy launches fundraising to finance its solar computer and expansion in East Africa
After a year marked by the launch of its solar computer Jirodesk II, the Malagasy company joins the Seedstar and Shell Foundation's acceleration program.
Helios Towers plc, the independent telecommunications infrastructure company, has signed agreements with Airtel Africa to acquire its passive infrastructure operating companies in Madagascar, Malawi, Chad and Gabon.
IFC and Orange Money Madagascar signed an agreement to help the company accelerate the expansion of its mobile money services in Madagascar and increase financial inclusion in the country, particularly among women and those living in rural areas.
Aceleron, the UK developer of circular economy lithium-ion batteries, and Jirogasy, the Malagasy solar start-up, have unveiled a new partnership to deliver solar powered computers to 10,000 children a year across schools in Madagascar and East Africa.
Filatex of Madagascar will start work on a 66MW solar power project in Côte d’Ivoire in May after agreeing terms with lenders
Madagascar signed an agreement with the World Bank’s Forest Carbon Partnership Facility (FCPF), unlocking up to $50 million for efforts to reduce carbon emissions from deforestation and forest degradation between 2020 and 2024.
The COMESA Regional Integration Support Mechanism (RISM), with support from the Africa Leather and Leather Product Institute (ALLPI), has supported the leather sector in Madagascar by bringing various players in the to form a leather cluster known as GasySkin.
The African Development Bank (AfDB) approved an emergency aid of $686,000 to Madagascar intended to cope with the combined effects of the drought and the Covid-19 pandemic in the far south of the island.
Reconstruction of road and rail links in the Madagascan capital Antananarivo will be accelerated following the disbursement of €16.4 million by the European Investment Bank.
The African Development Bank (AfDB) approved a loan of $42.9 million to finance the second phase of a major power transmission and interconnection project in Madagascar.
The Food and Agriculture Organization of the United Nations (FAO) welcomed the recent decision by the Global Environment Facility (GEF) Council to approve 13 FAO-led projects in 16 countries, totaling to $78.5 million.
The African Development Bank is achieving satisfactory results in Madagascar, according to the mid-term report of the Country Strategy Paper (CSP) for the period 2017-2021 and the performance review of the 2019 country portfolio.
A series of contracts in Kenya, South Africa, Madagascar and Benin, among others, highlight Ericsson’s growing footprint in Sub-Saharan Africa as communications service providers move to strengthen their networks.
Bamboo Capital Partners has been appointed by the Government of Madagascar and the World Bank as the international fund manager for the Off-Grid Market Development Fund, a $40 million renewable energy access fund.
After several months of suspension, Air Austral has been authorised to resume its flights from and to this Malagasy destination.
The World Bank approved a $140 million credit from the International Development Association (IDA) Scale Up Facility and a $3 million grant from the Global Financing Facility to strengthen Madagacsar's identity management system.
Ministers of Health from seven small African island states signed an agreement to jointly procure drugs and vaccines in a bid to improve quality and access to medicines and other health products.
The World Bank approved $75 million development policy operation for Madagascar to mitigate the impact of the COVID-19 crisis.
Kellogg Company and Symrise have engaged in a joint and ambitious three-year project in Madagascar to responsibly source 100 per cent of Kellogg’s vanilla by 2020.
Air Austral and Air Madagascar have signed a MOU confirming the exit of Air Austral from the capital of Air Madagascar.
The African Development Bank has made the empowerment of women and youth a priesthood in Madagascar.
Bolloré Logistics Madagascar announces the opening of a new office in the Ivato International Airport, Antananarivo, the capital of Madagascar.
The Government of Madagascar received a cheque of $2.13 million from the African Risk Capacity Insurance to cover anticipated losses to livelihoods of its vulnerable population from the crop failure in the just concluded farming season.
The government of Madagascar received a check of $2.13 million from the Insurance Company of the Pan African Risk Management Mutual (ARC) to cover the loss of livelihoods of its population caused by climatic disasters.
Telma Madagascar has switched on its 5G commercial network to offer subscribers high-speed services enabled by the new generation of mobile connectivity and powered by Ericsson, the 5G network is now live in multiple cities in Madagascar.
FAO welcomed the decision by the Global Environment Facility Council to allocate a substantial $176 million to 24 of its projects that tackle the critical intersection between agriculture and environmental concerns.
Rural development projects financed and supported by the International Fund for Agricultural Development (IFAD) have helped to reduce rural poverty and increase rural entrepreneurship in Madagascar, according to a new report.
The African Development Fund has approved a 4.02 million euro loan with a grant component to finance the Government of Madagascar’s 30 million euro equity investment in the Sahofika hydropower project.
Andersen Global has expanded its presence in Eastern Africa through a Collaboration Agreement with Madagascar-based tax and legal firm HK Jurifisc.
The World Bank approved a $100 million development policy operation to support the Government of Madagascar’s investment in human capital.
COMESA Maritime Security (MASE) programme has trained 54 law enforcement personnel to strengthen the country’s and the regional capacity to fight money laundering and terrorism financing.
Facebook is partnering with nine non-profit organizations and government agencies throughout sub-Saharan Africa to raise awareness about Internet safety and security.
The United States government has announced a $4.5 million donation of modern medical materials and equipment to help local health workers improve the provision of quality health services in Madagascar.
AfDB allocates €1.2 million to train policymakers in boosting mining revenues in 8 African countries
The African Development Bank (AfDB) has allocated a €1.2 million grant to provide training to help resource-rich countries improve their mining revenues in Africa.
Southern Africa in throes of climate emergency, 45 million people facing hunger across the region, WFP
A record 45 million people, mostly women and children in the 16-nation Southern African Development Community are gravely food insecure following repeated drought, widespread flooding and economic disarray.
Pure vanilla extract market size has been expanding at a healthy pace over the recent past.
The Board of Directors of the African Development Bank (AfDB) approved a Partial Risk Guarantee (PRG) of $100 million to support the Sahofika hydro-power project in Madagascar.
The new Internet Society Foundation has issued its first set of medium and large grants to 13 ground-breaking projects that seek to spread the benefits of the Internet around the world.
Madagascar has signed a modernisation agreement with China in a bid to overhaul its telecoms sector.
Global reforestation platform Tree-Nation is tackling climate change in four African countries, with projects set to regenerate local forests and provide employment for rural communities.
World Bank support Madagascar improve transport connectivity, access to social and economic opportunities
The World Bank approved $140 million in support of Madagascar’s efforts to enhance transport connectivity in selected rural areas and to improve access to social and economic opportunities of communities.
China has commenced a new training program in Madagascar with the goal of achieving productivity increases in agriculture and aquaculture programs across the island.
A record 45 million people across the 16-nation Southern African Development Community (SADC) will be severely food insecure in the next six months, United Nations food agencies have warned.
While growth was held back in 2019, it remained generally robust and is expected to pick up to an average of 5.4% in 2020-21, according to World Bank's economic update on Madagascar.
Africa50, Colas, Jovena and SN Power have signed a shareholders’ agreement to develop the Volobe hydropower plant in Madagascar.
“The urban opportunities far outweigh the challenges,” said Prof. Davis G. Mwamfupe, the Mayor of Dodoma, Tanzania, during his message to the Cities Leadership workshop, launching the City Diagnostics for five pilot cities in Africa.
Africa Finance Corporation, infrastructure solutions provider in Africa, has announced the Republic of Madagascar has become the 22nd member state of the Corporation.
The Republic of Madagascar became the fourth AU member states to sign the Treaty for the establishment of the African Medicine Agency (AMA) on 1 August 2019.
Established to provide concessional buffer to needy economies on the continent, ADF is not only facilitating rapid roll-out of development projects, but its investments continue to transform and sustain lives, beneficiaries say.
President Andry Rajoelina of Madagascar has urged the African Export-Import Bank to partner with the government in its effort to make the country the “window into a modern Africa”.
Female sapphire miners in Madagascar are among the nation’s hardest workers and poorest people, but their future is looking brighter, thanks to University of Queensland research.
Madagascar’s three key rice farming regions have witnessed an unprecedented transformation, with yields per hectare virtually tripling over the past five years.
Madagascar is set to implement the 50 Million African Women Speak (50MWS) project following the successful stakeholders’ engagement.
For the 10th anniversary of gamescom, during the largest European game convention, several African game developers will participate in devcom, the interdependent game developer conference.
Overall, the economy has been performing well, with growth estimated at 4.2 % in 2017 and projected at 5.0 % in 2018, according to the latest edition of the World Bank’s Madagascar Economic Update, released today.
IFC, a member of the World Bank Group, is helping Bonne Viande de Madagascar—or BoViMa—build a modern feedlot and slaughterhouse that is expected to help create an export market for zebu beef and goat meat.
The World Bank has approved an International Development Association credit of $40 million to improve Madagascar’s electricity sector governance and operations.
The World Bank has approved an International Development Association credit of $40 million to improve Madagascar’s electricity sector governance and operations.
Technology has for another week been at the center of the continent’s most highlighted activities with both governments and private sector reaping from commitment to the sector
IFC, a member of the World Bank Group, has announced a $60 million investment in a regional risk-sharing facility to support Bank of Africa Group’s lending to small and medium enterprises in eight African countries.
Eastern Africa continues to grow rapidly. As a result, the region’s average per capita income reached $740 in 2016, double the figure ten years earlier.
African Development Bank provides $11.23 million to Madagascar for energy, agriculture and pest control
The Government of Madagascar and the African Development Bank Group (AfDB) have signed five project financing agreements in Antananarivo, for an approximately $11.23 million.
Karim Bernoussi, Chief Executive Officer of the Intelcia Group, a major player in customer relations, announces the integration of outsourcing sites Outremer Télécom Maurice et Madagascar, which will now conduct business under the Intelcia banner.
Africa overtakes Japan and Australia as the most preferred destination by Chinese travelers, TravelZoo Survey
Travelzoo® , a global publisher of exclusive offers and experiences for members, is forecasting the largest popularity growth of Africa in 2018 among avid Chinese travelers.
Madagascar receives $45 million from World Bank to promote financial inclusion of Individuals and small enterprises
The World Bank has approved a $45 million International Development Association credit to promote the financial inclusion of individuals and micro, small and medium-sized enterprises in Madagascar.
Australian miner Base Resources has completed the acquisition of the Toliara Sands Project.
The President of the Republic of Madagascar, HE Hery Rajaonarimampianina has presented to the private sector and civil society organizations the country’s strategy for growth and transformation by 2030.
Aggreko has started to supply stable power, using 28 MW of its HFO-generated energy to Madagascar.
IFC, a member if the World Bank Group, today announced an advisory services agreement to help agribusiness company BoViMa establish Madagascar’s first modern feedlot and abattoir.
The Board of Directors of the African Development Bank Group (AfDB) has approved a $ 14 million grant and a partial credit guarantee from the African Development Bank (AfDB) Facility.
The World Bank has launched its seventh edition of Madagascar’s economic update.
[Madagascar] World Bank Granted $45m to enhance public finance sustainability and the investment climate
The World Bank has approved a $45 million grant for the second Public Finance Sustainability and Investment Development Policy Financing operation.
Siemens has signed a Memorandum of Understanding (MoU) with the Republic of Madagascar to cooperate and identify measures to fast track power generation in the country and work towards increasing capacity by an additional 300MW by 2019.
The U.S. Trade and Development Agency awarded a grant to Henri Fraise Fils & Cie, a Malagasy energy company, for the development and implementation of minigrids in Madagascar, where only 15 percent of the population has electricity access.
The AU-ECA-AfDB Land Policy Initiative (LPI) in partnership with the government of Madagascar have been holding a conference to validate the Country Report and Business Plan on Mainstreaming Land Governance
International fashion brands call on Madagascar to respect international labour standards and reinstate workers
The Government of Madagascar is coming under increasing international pressure to resolve a major industrial dispute at the ICTSI Port of Toamasina
The Republic of Madagascar has become the 20th country to sign the Tripartite Free Trade Agreement.
Madagascar has become the latest country to join the African Export-Import Bank (Afreximbank) as a participating state, according to information released by the continental trade finance institution.