 Business in Madagascar,
Antananarivo
Syllabus of the Subject: Foreign Trade and Business in Madagascar - Antananarivo
- Introduction to the Republic of Madagascar (East Africa)
- Malagasy Economy
- International Trade (Import, Export) of Madagascar
- Economic partnership agreement with the European Union (EU)
- Foreign Direct Investment (FDI) in Madagascar
- Business Opportunities in Madagascar
- Tourism
- Agribusiness
- Mining
- Light Industries
- Information and communications technology (ICT)
- Infrastructure
- Case Study:
- Socota Group (Textiles and Apparel)
- Madagascar Petroleum
- Economic Development Board of Madagascar
- Access to the Malagasy market
- Business Plan for Madagascar
Transport and logistics in Madagascar- Ports of Madagascar
- Asia-Africa Growth Corridor
Malagasy Preferential Access and Free Trade Agreements
- Madagascar and the East African Economic Area
- Common Market for Eastern and Southern Africa (COMESA)
- Southern African Development Community (SADC)
- COMESA-EAC-SADC Tripartite Agreement
- African Continental Free-Trade Area (AfCFTA)
- Indian-Ocean Rim Association (IORA)
- Indian Ocean Commission
- US-Madagascar
- United States-Africa (AGOA)
- COMESA-United States Trade and Investment Framework Agreement
- EU-Madagascar
- Africa-European Union Strategic Partnership (Cotonou Agreement)
- Generalised System of Preferences (GSP)
The purposes of the Subject “Foreign Trade and Business in the Republic of Madagascar”
are the following:
- To analyse the Malagasy Economy and Foreign Trade (Import, Export, FDI)
- To know the business opportunities in the Republic of Madagascar
- To explore the Malagasy trade relations with the country of the student
- To know the Malagasy Free Trade Agreements
- To examine the profile of Malagasy companies
- To develop a business plan for the Malagasy market
Sample of the Subject (Doing Business in Madagascar):

Description of the Subject: Doing Business in Madagascar
The Republic of Madagascar: one of the poorest African Countries.
- Malagasy Population: 25 million. Growth: 2,7%
- Life expectancy: 64 years
- Malagasy Area: 587,295 square kilometres
- Malagasy Capital: Antananarivo (2.1 million)
- Economic capital of Madagascar: Toamasina
- Largest cities: Antananarivo, Toamasina,
and Antsirabe
- Official Languages of Madagascar: Malagasy and French
- English was official language from 2007 to 2010
- Nearest countries to Madagascar: Mozambique, the Comoros, Mauritius, Mayotte, Reunion, the Seychelles, Swaziland, and Tanzania
- Abolition of Slavery in Madagascar: 1896
- Independence of Madagascar from France: 1960
More information about Madagascar (African Portal - EENI Global Business School).

Religions in Madagascar:
- African Traditional Religions (52%)
- Christianity(41%)
Madagascar belongs to the East African Economic Area (African Civilisation).

Malagasy Economy:
Madagascar: 50% of the World's vanilla market.
- Madagascar is one of the poorest countries in Sub-Saharan Africa
- Malagasy Economic growth: 2.6%
- Malagasy Inflation: 6.9%
- The main sector of the Malagasy economy is agriculture
- 3.6 million tonnes of rice (the third African producer)
- 1 million tonnes of cereals (maize, potato)
- Fruits and vegetables
- Litchies: 70% share of the European market. The first world exporter
- 50% of the global vanilla market
- The first world spices and other essential oils exporter
- Malagasy industry (13% of the GDP): soap production, food and tobacco processing, brewing, textiles, and leather
- Ranking in the Doing Business Index (WB): 142
- Malagasy currency: Ariary (not convertible)

Foreign Trade of Madagascar:
- Malagasy Exports: 1.251 million Dollars (FOB Value)
- Malagasy Imports: 2.619 million Dollars (CIF Value)
- Top Malagasy trading partners: France, Singapore, China, Germany, Canada, India, the United States, Italy,
the United Kingdom, and Spain
- Trade with the Southern African Development Community (SADC) countries: only 5.3% of the total exports/12% of the total imports
- Trade with the Common Market for Eastern and Southern Africa (COMESA)
countries: only 3% of the total exports/6.9% of the total imports
- Trade with the Indian Ocean Commission countries: only 3.1% of the total exports/5.5% of the total imports
- Foreign Direct Investment (FDI) in Madagascar: 386 million Dollars
The mission of the Economic Development Board of Madagascar (Public body) is to
encourage the foreign direct investments and create a friendly business climate.
The Board has defined six strategic sectors for the Malagasy economic development: tourism, agribusiness, light manufacturing industry, Information and communication technologies (ICT), infrastructure, and mining.

Madagascar is a member of:
- African Development Bank
- Economic Commission for Africa (ECA)
- New Partnership for Africa's Development (NEPAD)
- African Union (AU)
- Convention Combating Corruption
- Africa (Madagascar)-South America Summit (ASA)
- Africa (Madagascar)-Asia Strategic Partnership
- Afro-Arab Cooperation
- Arab Bank for Economic Development in Africa (BADEA)
- Relationships with China and India
- United Nations (UN)
- World Bank
(WB)
- World Trade Organisation (WTO)
- International Monetary Fund
(IMF)
❮ Samples - Business in Madagascar ❯



(c) EENI Global Business School
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