Latest News Madagascar

Telecoms

10/02/2022 at 19h00, by Africa Business+

CDC, DEG and EAIF join IFC Axian $420 million fundraising

More information from Africa Business+.

Large-scale distribution

09/02/2022 at 18h18, by Africa Business+

Bertrand Gardès to manage ULYS, the new structure replacing Shoprite in Madagascar

Habibo, the Malagasy family-owned food group headed by Malik Karmaly, has finalised the takeover of...

Bank

04/01/2022 at 14h38, by Africa Business+

Henri-Claude Oyima ratifies the reorganisation of BGFIBank in Congo and Madagascar

Speaking to Africa Business+, the head of Central Africa’s leading banking group unveiled the adjustments...

Media

25/11/2021 at 19h28, by Africa Business+

Electricity

19/11/2021 at 09h27, by Africa Business+

Sahofika Dam: Neho brings in donors and lowers the price of kWh

Thirteen banks and institutions agreed to participate in the round table, covering the financing needs...

Bank & Insurance

12/11/2021 at 20h44, by Africa Business+

Hiridjee’s Axian fintech Mvola obtains Madagascar banking licence

After a process lasting more than a year, this authorisation allows Mvola to offer its services without...

Building materials

29/10/2021 at 16h19, by Africa Business+

COMESA gives green light for sale of Holcim subsidiaries in Reunion and Madagascar 

The authorities’ agreement comes after the group’s withdrawal from Zambia and Malawi. 

Renewable energies

21/10/2021 at 15h45, by Africa Business+

Solar kits: Lagazel also targeting Mali, DR Congo and Madagascar.

The company is investing €1 million in the manufacture of solar lamps in Benin.

Bank

19/10/2021 at 17h17, by Africa Business+

Hermann Allogho Malanda takes over BGFIBank Madagascar from Barnabé François

The banking group changed management on the Indian Ocean island at the beginning of September. 

Telecoms & Media

06/10/2021 at 15h44, by Africa Business+

Sipromad’s Thomson Broadcast to start production of TV transmitters in US 

The subsidiary of Ylias Akbaraly’s Madagascan group is working in parallel on expanding its operations...

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...

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