Madagascar

Tycoon Mamy Ravatomanga makes a move into private security

Bruno Lemasson has taken the reins of Madagascar Security Academy, a company dedicated to training security professionals and founded by the powerful businessman Mamy Ravatomanga.

Who will lead the Scattered Islands mixed commission?

The Franco-Malagasy mixed commission, charged with adjudicating on the handing over of the Scattered Islands, under French sovereignty but claimed by Madagascar since 1970, will meet on 30 June in Paris.

The New Guard
Burkina Faso, Madagascar, Burundi

Every Wednesday, Africa Intelligence spotlights a new generation of movers and shakers in business and politics.

Burkina FasoKassoum Traoré, running the online strategy of his older brother… the president

MadagascarReboza Mahefa, an architect with an international agenda

Burundi Willy Eloge Kaneza, journalist and long-term advocate for press rights

Axian and AFG Assur shake up insurance sector

Up until now insurance in the country was dominated by the national company ARO, but it's now opening up to new stakeholders. Among them are the companies of multimillionaire Hassanein Hiridjee and Ivorian banker Bernard Koné Dossongui.

China's CJIC wins $6m contract for Mandroseza water pump station

In June, Chinese firm CJIC will launch the rehabilitation of the Mandroseza Lake pumping station in Madagascar's capital.

William Bourdon continues to plead "Lôla" case

French lawyer Wiliam Bourdon has sent a letter to Emmanuel Macron concerning his client, Franco-Malagasy journalist Rolland Hubert Rasoamaharo, also known as ‘Lôla’, who is being held in Antanimora prison.

EDF joins Volobe dam shareholders' agreement

The French energy group's place in the consortium operating the Volobe dam has almost been finalised. The project is estimated at €600m.

Former ambassador Le Roy to accompany Macron to Antananarivo

The 72-year-old diplomat is part of the delegation that will be travelling with the French President to Antananarivo from April 22 to 24. He was ambassador to Madagascar between 2005 and 2007.

Japan's Sumitomo appoints new CFO for Ambatovy

Japanese nickel and cobalt mining and industrial complex Ambatovy has appointed a new CFO, Kentaro Kanayama.

Paul Ryberg, Antananarivo's trump card in Washington

US attorney Ryberg is one of the Antananarivo emissaries sent to the States to extend the African Growth Opportunity Act and reduce the new customs tariffs.

Antananarivo arranges cover for its absent ambassador in France

Pending a replacement for the ailing Olivier Hugues Rija Rajohnson, Lionel Ratsirimpady has been appointed chargé d'affaires.

French firm seeks IMF help in recovering debts owed by Antananarivo since 1984

Touzet International has written directly to the head of the IMF requesting her intervention.

Freemasons order Droit Humain organises its first continental symposium

Madagascan freemasons are aiming to merge into a new federation with an international vocation that will be launched at a June event in Johannesburg.

Sahofika hydroelectric dam project takes shape

Several major groups have positioned themselves to win the tender for the dam on the Onive river. The participation of Madagascar's sovereign wealth fund means that the venture will begin soon.

Base Toliara company speeds up revision of mining investment legislation

Large-scale mining investment legislation could be updated this year, thanks in part to the lobbying of the mines minister by Base Toliara's management.