Latest News Madagascar
News
10/07/2023 at 11h22, by Africa Business+
Youssef Chraibi: “Outsourcia is in discussions with entities in Spain, Portugal and Eastern Europe about acquisitions”
The group, which specialises in outsourcing services, is looking to extend its language coverage to...
Large-scale distribution
05/07/2023 at 15h06, by Africa Business+
Failed takeover of Vindémia by Casino: ECP funds’ claims dismissed
In June, the Paris Court of Appeal upheld the rejection of the claims of two funds managed by Emerging...
Mines
05/07/2023 at 14h34, by Africa Business+
Continental Lithium Africa, new project by former members of Guinea Alumina Corp and Anglo-African Minerals
William Morrell and James Lumley, who previously headed firms active in bauxite in Guinea, have formed...
Energy
16/06/2023 at 16h44, by Africa Business+
Hasnaine Yavarhoussen (Filatex): “We are looking for projects in Africa and are targeting unilateral financing”
Groupe Filatex is Madagascar’s largest private energy supplier, active in solar and hydroelectric power...
Electricity
14/06/2023 at 14h24, by Gaëlle Arenson
Axian CEO Hassanein Hiridjee: “We’re going to launch the roadshow to raise debt for the Volobe dam”
Africa Business+ spoke to Axian Group CEO Hassanein Hiridjee last week in Abidjan on the sidelines of...
Bank
19/05/2023 at 15h15, by Christelle Marot
IFC ready to lend $47.5m for Baobab microfinance expansion
The French microfinance group Baobab, led since 2019 by Philip Sigwart, will receive a senior loan facility...
Construction & Infrastructure
12/05/2023 at 18h29, by Africa Business+
Who is China’s Top International, selected by Andry Rajoelina for the mega-construction of water supply in the South of Madagascar
Regularly operating in Africa under the name of Top International Engineering Corporation (TIEC), this...
Industry
04/05/2023 at 17h45, by Africa Business+
Kandil Steel seeks IFC support to address rising raw material costs
The International Finance Corporation (IFC) is considering a three-year, $25 million loan to Egypt’s...
Hotel business
29/03/2023 at 15h20, by Africa Business+
After three hotels in Tana, Radisson sets sights on Nosy Be
The hotel group wants to position itself in the beach segment one year after its triple opening in Madagascar.
Development Bank
28/03/2023 at 17h15, by Africa Business+
IFC supports Acep microfinance in Madagascar after Burkina Faso
Acep Madagascar, a member of the African microfinance network Acep Group under the chairmanship of Sébastien...
Construction & Infrastructure
24/03/2023 at 19h26, by Africa Business+
Timing tightens for Madagascar’s unsigned Volobe dam project involving Axian, Africa 50, Scatec, and Colas
The concession contract for the €500 million project has yet to be finalised as the presidential election...
News
23/03/2023 at 17h50, by Africa Business+
Miarakap raises €5 million and expands management delegation model
The 100% Malagasy impact investment fund, backed by I&P and Axian, has recapitalised its primary investment...
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