Latest News Madagascar

Energy

04/10/2021 at 16h11, by Africa Business+

Hassanein Hiridjee’s Axian opens in Abidjan to target West Africa 

The Malagasy group is launching an Ivorian subsidiary and keeping the sub-region in its sights. 

Large-scale distribution

23/09/2021 at 16h45, by Africa Business+

The consultants behind Habibo’s take over of Shoprite in Madagascar

The Madagascan family-owned food group, chaired and managed by Malik Karmaly, is buying the ten supermarkets...

Renewable energies

22/09/2021 at 13h52, by Africa Business+

Baobab+ raises €10 million from Norfund to target new markets

Founded by Alexandre Coster, the solar kit and smartphone company will use this to finance its commercial...

Automotive distribution

03/09/2021 at 16h40, by Africa Business+

CFAO Automotive reactivates company in Madagascar 

The automotive group will reactivate two projects on the island, where it has been the official distributor...

Agribusiness

03/09/2021 at 16h17, by Africa Business+

Okan Partners helps Filatex-Green Bird’s OrgaEarth secure loan from MCB

Exclusive information from Jeune Afrique Business+.

Mines

01/09/2021 at 12h38, by Africa Business+

Base Resources reduces debt while waiting for green light from Malagasy

Currently active in Kenya, the Australian producer of heavy mineral sands—used by the pigment industry—...

Agri-food industry

27/08/2021 at 15h27, by Africa Business+

Industry

26/08/2021 at 10h22, by Africa Business+

Salim Ismaël joins forces with Dalais family’s Ciel Group to increase stake in the Madagascan textile industry

Faced with the crisis linked to COVID, businessman Salim Ismaël has chosen to join forces with the Mauritian...

Electricity

25/08/2021 at 16h44, by Africa Business+

Malagasy State wants to increase stake in Volobe dam to 20%

The IPP hydroelectric project carried by Axian, Africa50 and SN Power is still waiting for the green...

Rail transport

28/07/2021 at 17h04, by Africa Business+

Advisory

17/06/2021 at 21h09, by Africa Business+

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