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Doing Business in Madagascar

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

  1. Introduction to the Republic of Madagascar (East Africa)
  2. Malagasy Economy;
  3. International Trade of Madagascar
    1. Economic partnership agreement with the EU.
  4. Foreign Direct Investment in Madagascar;
  5. Business Opportunities in Madagascar
    1. Tourism;
    2. Agribusiness;
    3. Mining;
    4. Light Industries;
    5. Information and communications technology (ICT);
    6. Infrastructure.
  6. Case Study:
    1. Socota Group (Textiles and Apparel);
    2. Madagascar Petroleum.
  7. Economic Development Board of Madagascar;
  8. Access to the Malagasy market;
  9. Business Plan for Madagascar.

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

  1. To analyze 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 Trade Agreements;
  5. To examine the profile of Malagasy companies;
  6. To develop a business plan for the Malagasy market.

(Foreign Trade and Business in Madagascar):
International Trade and Business in Madagascar

Trade and Business in East Africa. Online Education (Courses, Masters, Doctorate)

Online African Students (Masters, Doctorate, Foreign Trade, International Business)

The Subject “Foreign Trade and Business in Madagascar” belongs to the following Online Programs taught by EENI Global Business School:

Doctorate: African Business, World Trade.

Professional Doctorate in International Business (DIB). Online Education

Masters: Business in Africa, International Business, Foreign Trade.

Masters in International Business and Foreign Trade (MIB) - Online Education

Course: Business in East Africa.

Languages: Courses, Masters, Doctorate in International Business and Foreign Trade in English or Study, Course Master Doctorate in International Business in French Madagascar Study Master Doctorate in International 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.

We Trust in Africa (Affordable Higher Education for Africans) Kenya, Nigeria, Sudan, Ghana, Tanzania, Cameroon, Egypt...

International Trade and Business in Madagascar

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

Online Education (Courses, Masters, Doctorate): Transport and Logistics in Africa

Transport and logistics in Madagascar
  1. Ports of Madagascar;
  2. Asia-Africa Corridor.

African Economic Integration. Online Education (Courses, Masters, Doctorate)

Market Access - Free Trade Agreements. Online Education (Courses, Masters, Doctorate)

Malagasy Preferential Access and Free Trade Agreements:

  1. Madagascar and the East African Economic Area;
  2. COMESA;
  3. SADC
    1. EU-SADC Free Trade Agreement.
  4. COMESA-EAC-SADC Agreement;
  5. African Continental Free-Trade Area;
  6. Indian-Ocean Rim Association (IORA);
  7. Indian Ocean Commission;
  8. BADEA;
  9. U.S.-Madagascar
    1. United States-Africa (AGOA);
    2. COMESA-United States Trade and Investment Framework Agreement.
  10. EU-Madagascar
    1. Free Trade Agreement European Union-Eastern and Southern African States (Madagascar, Mauritius, Seychelles, Zimbabwe);
    2. Africa-European Union Strategic Partnership (Cotonou Agreement);
    3. Generalized System of Preferences (GSP).
  11. Global System of Trade Preferences among Developing Countries (GSTP) - accession process.

Indian Ocean Commission (Comoros, Reunion Island, Madagascar, Mauritius, and Seychelles)

Trade Facilitation Programs. TFA Agreement. Online Education (Courses, Masters, Doctorate)

  1. WTO
    1. Agreement on Trade in Services (GATS);
    2. Agreement on the Application of Sanitary Measures;
    3. Agreement on Technical Barriers to Trade;
    4. Agreement on Preshipment Inspection;
    5. Agreement on Safeguards;
    6. Trade Facilitation Agreement.
  2. WCO
    1. Revised Kyoto Convention.
  3. International Bureau of Containers and Intermodal Transport (BIC);
  4. Chicago Convention (ICAO);
  5. International Maritime Organization (IMO)
    1. Convention for Safe Containers;
    2. Istanbul Convention.
  6. Rotterdam Rules (Sea);
  7. Hamburg Rules (Sea);
  8. Customs Convention on Containers - not a member.

Ports of Madagascar, Toamasina, Tamatave, and Ehoala (Maritime Transport Course Master)

African Instituions (AU, AFDB, AUDA-NEPAD, UNECA) Online Education (Courses, Masters, Doctorate)

African Trade and Economic Organizations:

  1. Economic Commission for Africa (ECA);
  2. African Union
    1. AU Convention on Preventing and Combating Corruption;
    2. AUDA-NEPAD.
  3. African Development Bank;
  4. Africa-India Cooperation;
  5. Africa-BRICS;
  6. Africa-Turkey Partnership;
  7. Africa-Asia Partnership;
  8. Africa-Korea Partnership;
  9. Africa-Japan Cooperation;
  10. Africa-South America Summit;
  11. China-Africa Cooperation;
  12. Afro-Arab Cooperation;
  13. BADEA.

Online Education (Courses, Masters, Doctorate): Globalization and International Organizations

Global Organizations:

  1. UN
    1. UNCTAD;
    2. ITC;
    3. WIPO.
  2. WB;
  3. WTO;
  4. IMF.

Southern African Development Community (SADC) Course

The Republic of Madagascar

  1. Malagasy Population: 25 million. Growth: 2,7%;
  2. Life expectancy: 64 years;
  3. Malagasy Area: 587,295 km²;
  4. Malagasy Capital: Antananarivo (2.1 million);
  5. Economic capital of Madagascar: Toamasina;
  6. Largest cities: Antananarivo, Toamasina, and Antsirabe;
  7. Official Languages of Madagascar: Malagasy and French
    1. English was official language from 2007 to 2010.
  8. Nearest countries to Madagascar: Mozambique, the Comoros, Mauritius, Mayotte, Reunion, the Seychelles, Eswatini, and Tanzania;
  9. Abolition of Slavery in Madagascar: 1896;
  10. Independence of Madagascar from France: 1960.

More information about Madagascar (EENI African Business Portal).

Religions in Madagascar:

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

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

Online Education (Courses, Masters, Doctorate): Christianity and Global Business (Catholicism, Protestantism)

Madagascar Oil

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

Malagasy Economy:

  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 tones of rice (the third African producer);
    2. 1 million tones 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).

Southern African Development Community (Customs Union)

Foreign Trade (Importing, Exporting) Online Education (Courses, Masters, Doctorate)

International 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 U.S., Italy, the UK, 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 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.

United States-Common Market for Eastern and Southern Africa (COMESA) Free Trade Agreement (FTA)

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