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A line of credit of over 2 billion Euros. It is a huge amount, the result of a unique transaction which was easily negotiated thanks to a skillfully presented, and well prepared backup documentation. Read More »
Economics
Sylla brings back over 2.3 Billion Euros from Paris
Today, in Paris, the "Friends of Madagascar" Conference made good on its promise to grant over 2 billion Euros toward restarting the economy. Read More »
The hunt is still on, for fuel
The political crisis is over, but the Malagasy citizens are still reeling from its adverse economic impact. As a rule, not much has really changed on this front since the end of the six month long crisis. Read More »
Air Madagascar: Proud even after 900 canceled flights
Just like a phoenix rising from its own ashes, Air Madagascar proudly takes to the skies, once again, despite 900 canceled flights, and a 66% decline in passenger traffic. Read More »
TRANSPORTATION : Run out of petrol for the whole area.
Transportation sector is now on breakdown due to the complete shortage of gas. The professional associations ask for the raising of the barriers as fast as possible on National Road 2 in order to drive the gas to the Capital. Read More »