EXPANSION OF THE AMBATOLAMPY POWER PLANT, THE LARGEST SOLAR POWER PRODUCTION IN MADAGASCAR

As part of the promotion of renewable energy and following phase 1’s success, JIRAMA and Green Yellow Madagascar have agreed to further expand the Ambatolampy power plant in order to increase its capacity from 20 to 40MWp as well as providing for a 5MWh of battery.

The JIRAMA states that

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MADAGASCAR LAUNCH PARTNERSHIP WITH BIONEXX TO PRODUCE MEDICINES

The Madagascar is launching a partnership with the company Bionexx – a specialist in the cultivation of Artemisia. This partnership will make Madagascar the first African producer of medicines based on this plant with great medicinal properties!

BIONEXX is a Madagascar based company with model farms and an R&D center

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MADAGASCAR, INVESTING IN STRATEGIC INFRASTRUCTURES

President Andry Rajoelina visit project

President Andry Rajoelina visit ongoing projects that will have major socio-economic impact in Madagascar.

Madagascar President Andry Rajoelina visits different project across the nation that have the potential to increase the living standard of Malagasy. During his visit to Vinaninkarena, a town in Madagascar with a large population of farmers.

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MADAGASCAR CELEBRATES 59TH ANNIVERSARY

MADAGASCAR CELEBRATES 59TH ANNIVERSARY

Colourful celebrations as Madagascar celebrates its 59th Independence Day Anniversary

President Paul Kagame of Rwanda also joined President Andry Rajoelina of Madagascar in celebrating the 59th Independence Day Anniversary. 

Since gaining independence from France on June 26th, 1960, Madagascar continues to flourish. Interestingly, Madagascar is the world’s fourth largest island

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HISTORIC DECISION FOR OIL PRICES IN MADAGASCAR

Oil Prices in Madagascar

Africa’s Young President negotiates lower oil prices in Madagascar. 

President Andry Rajoelina discusses with oil industry representatives to lower the market price of petroleum products. These discussion border around the need for a more affordable price that will be favourable for the economy. The Malagasy household depend on petroleum products

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[PHOTOS] INAUGURATION CEREMONY FOR PRESIDENT OF MADAGASCAR

Yesterday, 35 delegates including representatives from Mauritius, Côte d’ivoire and France attended the inauguration ceremony for the President of Madagascar

President Andry Raojolina, who is among Africa’s young leaders assumes office today 19 January 2019. In fact, at age 44, He is currently the 6th President of Madagascar. In a

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Madagascar – Unique Island

Madagascar is the fourth largest island in the world, and it is located 400km off the east coast of Africa in the Indian Ocean.

Madagascar’s s split from the Indian peninsula allowed native plants and animal to evolve in relative isolation. Thereby, making Madagascar a biodiversity hotspot. In other words, …

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CONSTRUCTION OF TWO AIRPORT IN MADAGASCAR GETS UNDERWAY

Madagascar Airport set for construction after concession was granted that will help grow the tourism industry in the country.

The construction which is for a public-private partnership concession of Ivato International Airport and Fascene Airport in Madagascar is set to kick. The concession which  includes a new 17,500sqm international terminal …

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MADAGASCAR HEALTH MINISTER PERFORMS SURGERY ON SIAMESE TWINS

In most countries health ministers are seen as officials more interested in paperwork than medical miracles.

Not in country like Madagascar, where Mamy Lalatiana Andriamanarivo recently picked up a scalpel and separated conjoined siamese twins in a medical first for the Indian Ocean island nation.

“Surgery was performed at the …

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HIGH-PERFORMANCE POWER PRODUCTS KEEP SOUTH AFRICA’S WHEELS TURNING

South Africa’s crippling electricity problems, which leave the country without power for many hours a day, are causing grave difficulties for businesses and households.

“The inability of the country’s primary electricity supplier to meet demand, has called for the private sector to step up and provide solutions that help keep

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WORLD BANK APPROVES $150 MILLION TO IMPROVE INCOMES AND BUILD RESILIENCE IN NORTHERN MOZAMBIQUE

WASHINGTON, June 18, 2021 —In order to improve incomes and build social and economic resilience of local communities in selected rural areas of Northern Mozambique, the World Bank approved today a $150 million credit from the International Development Association (IDA)* in support of the Government of Mozambique’s Northern Mozambique Rural

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IFC SENIOR OPERATIONS OFFICER – JOHANNESBURG

Description

IFC—a member of the World Bank Group—is the largest global development institution focused on the private sector in emerging markets. We work in more than 100 countries, using our capital, expertise, and influence to create markets and opportunities in developing countries. In fiscal year 2020, we invested $22 billion

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HOW AFRICAN COUNTRIES ARE LACKING FUND TO PROVIDE GREEN ENERGY

It quite sad that the African continent with it huge population is still finding it hard to provide Green Energy despite all the wealth of talent the continent have at its disposal.

With less than a decade to meet global energy goals, sub-Saharan Africa is finding it difficult to provide

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AFRICA ATTRACTS $450 MILLION FOR TELECOM INFRASTRUCTURE

Helios Towers Ltd, a UK-based telecommunications company with investments in Africa plans to invest $450 million of newly raised capital into African countries like Ethiopia. The privatisation of the nation’s telecom industry is seeing the surge of foreign direct investments into the country.

 

The horn of Africa –

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32ND AFRICAN UNION SUMMIT KICKS OFF IN ETHIOPIA

The 32ND African Union Summit for Heads of State and Government of all the 55 African countries is currently on-going in Addis Ababa, Ethiopia. 

The theme for the 32nd African Union summit is; “The Year of Refugees, Returnees and Internally Displaced Persons: Towards Durable Solutions to Forced displacement in Africa”. …

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WHAT INVESTORS SHOULD KNOW AS SOME OF AFRICA’S BIGGEST ECONOMIES HEAD TO POLLS

What investors need to know as African countries head to polls

Before the elections commence in Africa, what do investors need to know?

Political instability which is an investors nightmare, is also one element hindering infrastructural development in Africa. Most times, especially in Africa, political unrest usually arises during election period – change in government.

Some African countries this year 2019 …

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