Latest News Madagascar

Bank

09/11/2023 at 16h22, by Africa Business+

BNI Madagascar’s Alexandre Mey awaits backing for SME financing

The bank, controlled by Axian and Ciel Finance, is counting on the support of a former shareholder.

Commercial banking

25/09/2023 at 11h57, by Africa Business+

Bernard Koné Dossongui strengthens AFG Bank Indian Ocean teams 

According to Africa Business+ sources, Ivorian tycoon Bernard Koné Dossongui’s Atlantic Financial Group...

Consumer goods & Retail

19/09/2023 at 14h13, by Africa Business+

Consumer goods & Retail

25/07/2023 at 15h30, by Africa Business+

Textiles: New hearing scheduled for early 2024 on the recovery of Madagascar’s assets by the De Sutters

The De Sutters have taken legal action in France to recover the funds ordered by the ICSID arbitration...

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...

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