US Madagascar: Tulear hosts the first Business Forum on the island

11:15  01 december  2020
11:15  01 december  2020 Source:   rfi.fr

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Madagascar Business Hotels. Day 10: Kirindy Mitea National Park. Day 11: Morondava -> Tulear . Day 12: Ifaty Beach and/or St. Augustin. Is it feasible for travel for all of the above places by vehicle within 8 days (The half day in the first day and the last day are occupied for the international flights).

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Vue de la centrale de production solaire de Mangily (sud-est de l’île), développée par Anka Madagascar. «Les besoins d'investissements sont là. Et les projets ne manquent pas », explique Camille André-Bataille, la directrice générale de la société. © Sarah Tétaud / RFI View of the Mangily solar production plant (south-east of the island), developed by Anka Madagascar. “The investment needs are there. And there is no shortage of projects, ”explains Camille André-Bataille, the general manager of the company.

In Madagascar, from today until December 3, 2020, the island's first regional business forum is to be held. On this occasion, it is the landlocked region of Atimo-Andrefana, in the far south of the island, which was chosen to host the very first edition. Two hundred participants are therefore expected in the city of Tulear, economic operators, project leaders, representatives of ministries and local authorities, as well as donors, banks and investment funds.

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Explore Tuléar (Toliara) holidays and discover the best time and places to visit. | Tuléar is where the sealed road (the RN7) Tuléar is where the sealed road (the RN7) ends and many adventures begin – its main appeal is as most travellers' gateway to the Great Reef (found both north and south of the city).

With our correspondent in Antananarivo, Sarah Tétaud

The purpose of this big meeting, organized by the EDBM, the Economic Development Board of Madagascar, the investment promotion agency, is to promote agro-investment projects. industrialists in this vulnerable region, and to create a meeting between companies in the field with potential investors, public or private.

"There is no funding available"

"The needs are there. And there is no shortage of projects, ”explains Camille André-Bataille, the general manager of Anka Madagascar (“ Our energy ”in Malagasy), a company specializing in the sector of access to energy and renewable energies. “The real problem,” she said, “and it's always the same thing as the funding, it's the money. There is no funding available and Madagascar is not yet very attractive on the international scene in this sector, that of energy and especially off-grid, rural electrification. Madagascar lacks attractiveness because it is an environment, a context, a still immature market. »

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I 've been in Anakao (South of Tulear ) there a few years ago. The best kite spot (actually the whole area) I 've been to. on 6 and 8 kites nearly every day of the month (December) I was there. Waves on the reef (specially when cyclones are

See more of Madagascar Coton de Tulear Club on Facebook. AboutSee All. + 1 607-693-2828. Contact Madagascar Coton de Tulear Club on Messenger. Renaissance Coton de Tulear Breeder in CT. Local Business . Scottish Terrier Club of Greater New York,Inc.

His company has won a project to electrify some fifty villages in the Atsimo-Andrefana region with mini-distribution grids powered by solar energy. A project that is equivalent to around 3.5 megawatts, a considerable solar capacity for the energy sector in Madagascar. If two communes (Mangily and Anakao) have just been electrified, the others will be delivered on a case-by-case basis, when funding, and in particular subsidies, ie public funds, have been found.

What we observe is that there is little money flowing through the government to finance these projects. There are funding programs from international donors, but which are not yet fully structured on this type of project, for the public funding part, therefore via grants (public funding). And even from a private financing point of view, it is still very much a matter of negotiations and tribulations with investors who are often international to attract them to Madagascar and convince them to invest in these projects but therefore also to take risks. Because these projects are risky projects, where profitability is spread over several years and where we are always subject to risks such as inflation in the country, currency exchange rates, socio-economic and political instability.

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Take advantage of your hosts ’ in depth of the island and discover unique, untouched sites of mysterious Madagascar . You will be traveling down South of Madagascar and will stay overnight in a small hotel on the way to Tulear area. You will be cruising across Tulear province coast in search

Madagascar Business Hotels. Hi Cindy, thanks for your reply. I haven't officially booked in yet, but it will be with Boabab tours. I created the itinerary with another company at first , and someone responded on tripadvisor who was interested and then got a better quote than what I had.

"Today there is an over-representation of Tana"

At this forum, the road of Anka Madagascar could well cross that of Miarakap, the Malagasy investment fund. Its managing director, Emmanuel Cotsoyannis will be present: “We are always looking for investment opportunities. This type of forum can eventually find some. And so we had to be there. And the second thing, not insignificant, is that so far, we've made seven investments, and all of them are in Tana. And in fact, we regret it. Today there is an over-representation of Tana in the private sector visible in Madagascar. We are convinced that there is significant potential outside, and in Tulear we know a few dynamic companies. So these initiatives which also promote business decentralization, we can only join in and support them at our level. »

Bringing together development actors in the same place and giving more visibility to what is already being done in one of the priority regions of the island, this is the whole objective of this forum which should be duplicated in other regions in 2021.

See also : Covid-19 in Madagascar: a creativity fair to help small businesses

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This is interesting!