Madagascar government And development

The Madagascar government is set on strengthening
the economy through its bold 2007-12 Madagascar
Action Plan (MAP), which aims to continue structural
reforms, diversify levers for growth and achieve the
Millennium Development Goals (MDGs)

madagascar africa  and investment

The World Bank Board of Executive Directors today approved an International Development Association (IDA) credit* of US$8 million to support the Government of Madagascar’s Mineral Resources Governance Project (PGRM).

African countries have much to gain by diversifying exports and by further opening up regional trade. Despite improving over recent decades, Africa’s share in world trade remains low, it is heavily concentrated in natural resources, and intra-African trade is particularly limited. Regional integration can also help African countries become more competitive and resilient to external shocks.

The African Development Bank Group, UNICEF and the Government of Madagascar signed a US $1-million grant agreement to fund rehabilitation of social infrastructure in the country following the devastating cyclones Giovanna and Irina, which hit the country in February. The signing took place on August 23 in Brickaville, about 250 km east of Antananarivo.

GDP grew substantially in 2007 (6.3 per cent)
after thefairly modest advance of 2006.This was largely
due to the start of construction for two large mining
projects (ilmenite and nickel/cobalt), public
infrastructure investment and good secondary sector
performance. Foreign private investment in mining
accounted for much of the 26.6 per cent rise in gross

The Board of Directors of the African Development Fund (ADF) approved today a loan of 6.52 million Units of Account (UA)* – approximately US $ 8.46 million to finance the Bank participation in the financing of the cyclones Eline, Gloria and Hudah damage repairs project in Madagascar

“Madagascar had already registered a number of critical successes like the Mining Cadastre service which is considered currently the best in Africa and the increasing formalization of artisanal and small-scale mining “ says Robert Blake, Country manager for Madagascar

Madagascar stated its intention to join the Extractive Industries Transparency Initiative (EITI) in October 2006 in Oslo, Norway.

Cape Town – AfricaCom 2012 Summit

What is AfricaCom Summit 2012

Its the largest event for the digital industry in Africa, which  brings together over 7,000 delegates, key executives, industry leaders, and organizations from the media, ICT, and telecom sectors to discuss and promote business in Africa in the changing digital landscape.

The AfricaCom exhibition features 250 of the world’s leading technology and solutions providers

What is happening  at Africacom 2012 event

Showcase of merging technologies and applications

Panel discussions and forums

Technology workshops

Provide a  platform for networking and business opportunities.

Program guide  africacom 2012

Day 1

The brand new 3 day Africa Com has a host of additional programme features delivered by a 200+ strong speaker faculty.