Business in Madagascar (Course, Master)

EENI Business School & HA University



Syllabus of the Subject: Foreign Trade and Business in Madagascar - Antananarivo.

  1. Introduction to the Republic of Madagascar (East Africa)
  2. Doing Business in Antananarivo, Toamasina, and Antsirabe
  3. Malagasy economy
  4. International Trade of Madagascar
  5. Transport and logistics in Madagascar
    1. Ports of Madagascar
  6. Foreign Direct Investment (FDI) in Madagascar
  7. Business Opportunities in Madagascar
    1. Tourism
    2. Agribusiness
    3. Mining
    4. Light Industries
    5. Information and communications technology (ICT)
    6. Infrastructure
  8. Case Study:
    1. Socota Group (Textiles and Apparel)
    2. Madagascar Petroleum
  9. Economic Development Board of Madagascar
  10. Economic partnership agreement with the European Union (EU)
  11. Access to the Malagasy market
  12. Business Plan for Madagascar
  13. History of Madagascar

The purposes of the Subject “Foreign Trade and Business in the Republic of Madagascar” are the following:

  1. To analyse the Malagasy economy and foreign trade
  2. To know the business opportunities in the Republic of Madagascar
  3. To explore the Malagasy trade relations with the country of the student
  4. To know the Malagasy Free Trade Agreements
  5. To examine the profile of Malagasy companies
  6. To develop a business plan for the Malagasy market

The Subject “Doing Business in Madagascar” is part of the following Online Higher Education Programs taught by EENI Business School & HA University:
  1. Doctorates: African Business, Global Trade
  2. Masters: Business in Africa, International Business, Foreign Trade
  3. Diploma: Business in East Africa

African Student, Master / Doctorate Business

The course materials are available in Master in International Business in English or Study, Master in International Business in French Madagascar Study Master Doctorate Business in Spanish Madagascar Masters Foreign Trade in Portuguese Madagascar

  1. Credits of the Subject “Foreign Trade and Business in Madagascar”: 1 ECTS Credits
  2. Duration: one week

Example of the Online Subject (Doing Business in Madagascar):
Master Course: Business in Madagascar





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Paterson Ngatchou: EENI Academic Coordinator for Anglophone Countries
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Description of the Subject: Doing Business in Madagascar

The Republic of Madagascar: one of the poorest African Countries.

  1. Malagasy Population: 25 million. Growth: 2,7%
  2. Life expectancy: 64 years
  3. Malagasy Area: 587,295 square kilometres
  4. Malagasy Capital: Antananarivo (2.1 million)
  5. Economic capital of Madagascar: Toamasina
  6. Official Languages: Malagasy and French
    1. English was official language from 2007 to 2010
  7. Nearest countries to Madagascar: Mozambique, the Comoros, Mauritius, Mayotte, Reunion, the Seychelles, Swaziland, and Tanzania
  8. Abolition of Slavery in Madagascar: 1896
  9. Independence of Madagascar from France: 1960

More information about Madagascar (African Portal - EENI Business School & HA University).

Africa: Foreign Trade and Business (Master)

Religions in Madagascar:

  1. African Traditional Religions (52%)
  2. Christianity (41%)

Madagascar belongs to the East African Economic Area (African Civilisation).

Master, Course: Ports of Madagascar

Malagasy Economy:

Madagascar: 50% of the World's vanilla market.

  1. Madagascar is one of the poorest countries in Sub-Saharan Africa
  2. Malagasy Economic growth: 2.6%
  3. Malagasy Inflation: 6.9%
  4. The main sector of the Malagasy economy is agriculture
    1. 3.6 million tonnes of rice (the third African producer)
    2. 1 million tonnes of cereals (maize, potato)
    3. Fruits and vegetables
    4. Litchies: 70% share of the European market. The first world exporter
    5. 50% of the global vanilla market
    6. The first world spices and other essential oils exporter
  5. Malagasy industry (13% of the GDP): soap production, food and tobacco processing, brewing, textiles, and leather
  6. Ranking in the Doing Business Index (WB): 142
  7. Malagasy currency: Ariary (not convertible)

Madagascar Oil

Foreign Trade of Madagascar:

  1. Malagasy Exports: 1.251 million Dollars (FOB Value)
  2. Malagasy Imports: 2.619 million Dollars (CIF Value)
  3. Top Malagasy trading partners: France, Singapore, China, Germany, Canada, India, the United States, Italy, the United Kingdom, and Spain
  4. Trade with the Southern African Development Community (SADC) countries: only 5.3% of the total exports/12% of the total imports
  5. Trade with the Common Market for Eastern and Southern Africa (COMESA) countries: only 3% of the total exports/6.9% of the total imports
  6. Trade with the Indian Ocean Commission countries: only 3.1% of the total exports/5.5% of the total imports
  7. 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.

Indian Ocean Commission (Africa, Master)

Madagascar has preferential access to:

  1. Common Market for Eastern and Southern Africa (COMESA)
  2. Southern African Development Community (SADC)
  3. COMESA-EAC-SADC Tripartite Agreement
  4. Indian-Ocean Rim Association (IORA)
  5. Indian Ocean Commission
  6. United States-Africa (AGOA)
  7. COMESA-United States Trade and Investment Framework Agreement
  8. Africa-European Union Strategic Partnership (Cotonou Agreement)
  9. Generalised System of Preferences (GSP)

Madagascar is a member of:

  1. African Development Bank
  2. Economic Commission for Africa (ECA)
  3. New Partnership for Africa's Development (NEPAD)
  4. African Union (AU) - Convention Combating Corruption
  5. Africa (Madagascar)-South America Summit (ASA)
  6. Africa (Madagascar)-Asia Strategic Partnership
  7. Afro-Arab Cooperation - Arab Bank for Economic Development in Africa (BADEA)
  8. Relationships with China and India

Samples - Business in Madagascar

Southern African Development Community (SADC) Course

Southern African Development Community (Customs Union)

COMESA-United States Free Trade Agreement (Course)



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