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Overview

The commercial sector of Madagascar is ongoing a difficult period due to the low standard of living conditions of the population. Private companies adapt their products according to the purchasing power of consumers, (in 2016, 90% of the population lived on less than $ 2 a day).

Many companies work with individuals (subcontractors or service providers) to expand their business area and to ensure a better profits. Madagascar still struggles to deal with the informal sector and its notable impact on the commercial sector structure. 


For more information on company contact details, please see the following link: HQ staff will input a link to section 4.11 Additional Services Contact List here.

Accommodation

 The real estate sector in Madagascar is considered one of the key factors of development. Because of the growth of this sector, it is preferable to approach real estate agencies to ensure the credibility of the goods and avoid scams.

 

The hotels are numerous and vary according to the level of standing, ranging from a 5-star establishment to the lowest level. Aside from hotels, there is also the possibility to find guest houses or hostels. In the countryside, hotels are scarce and often uncomfortable; it’s recommended to contact the local authority to find safe and secure places to stay.   

 

http://www.madagascar-hotels-online.com/2-choisir-categorie-hotel.html

 

https://www.tripadvisor.fr/Hotels-g293808-Madagascar-Hotels.html

 

Electricity and Power

The main source of power in Madagascar is from hydraulic and thermal system. The power generation is controlled by the Government through the JIRAMA. It provides the major electricity production  throughout the country and monopolizes the market, especially in the capital. Unfortunately, this company does not produce enough to satisfy local needs even if it collaborates with some privates companies to provide power. Indeed, power cuts are common and last on average one hour to three days depending on the areas.

In remotes areas, the population begins using renewable energies as solar plates, wind turbines provided by other small companies. 

 

Electricity and Power Summary Table in Antananarivo

Production Unit

Type

(Hydroelectric, Thermal, etc.)

Installed

Capacity (MW)

Current Production

(kWh in  2016)

Current Production

(kWh in 2017)

JIRAMA Andekaleka

Hydraulic

95

1 695 518

1 615 833

JIRAMA Antelomita

Hydraulic

8,2

83 001

85 847

JIRAMA Mandraka

Hydraulic

24

173 243

30 313

JIRAMA Manandona

Hydraulic

0,8

11 975

13 617

Sahanivotry (private)

Hydraulic

16

204 090

201 510

Fraise TZP (private)

Hydraulic

5

43 024

1 528

JIRAMA Antsirabe

Thermal

4

 

6 340

SYMBIO (private)

Thermal

40

 

369 535

AKSAF (private)

Thermal

60

 

484 851

TAC JOVENNA (private)

Thermal

40

 

0

AGGREKO (private)

Thermal

56

 

348 351

AFL (private)

Thermal

45

 

333 872

FRAISE AMBO (private)

Thermal

20

 

88 272

FIRST ENERGY (private)

Thermal

5

 

4 516

EDM (private)

Thermal

5,8

 

1 075

Financial Service Providers

Several types of financial services are available in Madagascar:

-       primary banks such as BOA, BFV, BNI, located everywhere in Madagascar

-       microfinance institutions like MICROCRED and ACCES BANQUE

-       small micro agricultural credits as CECAM, OTIV

 

BOA

The Bank of Africa (BOA) is a private sector institution present in Madagascar for the past 18 years. This company has operations in several African countries and is active in all markets:

-       Retail: the bank offers a wide range of products for individuals, professionals, TPE, PME.

-       Corporate: leasing, international operations, large companies.

-       Institutional

-       Microfinance and Mesofinance

 

Company Overview

Company Name

BOA (Bank of Africa)

Address

Antaninarenina, Antananarivo 101

 

Available?

Comments

NO LIMIT

Has IBAN, BIC, or SWIFT number?

Yes

n/a

Provides currency exchange?

Yes

n/a

Will initiate / receive wire transfers?

Yes

n/a

Provides Loan / Credit services?

Yes

n/a

Other Comments or Key Information

n/a

 

 

Other Locations

Region(s)

Service Location(s)

ANALAMANGA

Antananarivo, Anjozorbe, Ankazobe, Arivonimamo, Faratsiho, Imerintsiatosika, Mahintsy, Manjakandriana,

ALAOTRA – MANGORO

Ambatondrazaka, Amparafaravola, Moramanga Tanambe

ATSINANANA

Toamasina, Brickaville, Mahanoro

AMORON’I MANIA

Ambositra

ATSIMO-ATSINANANA

Farafangana, Sakaraha, Vangaindrano

ATSIMO ANDREFANA

Tulear, Ifaty

ANOSY

Tolagnaro

ANDROY

Ambovombe

ANALANJIROFO

Sainte-Marie, Fenerive Est, Mananara Nord, Maroantsetra

BOENY

Marovoay, Mahajanga

BONGOLAVA

Tsiroanomandidy

BETSIBOKA

Maevatanana

HAUTE-MATSIATRA

Fianarantsoa, Ambalavao, Ambohimahasoa

ITASY

Arivonimamo, Miarinarivo

IHOROMBE

Ihosy

MENABE

Morondava, Miandrivazo

MELAKY

Maintirano

SOFIA

Antsohihy, Mampikony, Mandritsara, Port Bergé

SAVA

Sambava, Antalaha, Vohemar, Andapa

VATOVAVY FITOVINANY

Manakara, Mananjary

VAKINANKARATRA

Ambatolampy, Antsirabe, Mahazoarivo Atsimo

BFV

The Banky Fampandrosoana ny Varotra (BFV) is a private sector institution present in Madagascar for 19 years. This company is a subsidiary of SOCIETE GENERALE group and present in several cities in Madagascar. All type of banking operation are available at the level of each agency in Madagascar.

Company Overview

Company Name

BFV (Banky Fampandrosoana ny Varotra)

Address

Antaninarenina, Antananarivo 101

 

Available?

Comments

NO LIMIT

Has IBAN, BIC, or SWIFT number?

Yes

n/a

Provides currency exchange?

Yes

n/a

Will initiate / receive wire transfers?

Yes

n/a

Provides Loan / Credit services?

Yes

n/a

Other Comments or Key Information

n/a

Other Locations

Region(s)

Service Location(s)

ANALAMANGA

Antananarivo

ALAOTRA – MANGORO

Moramanga

ATSINANANA

Toamasina, Mahanoro

ATSIMO-ATSINANANA

Farafangana

ATSIMO ANDREFANA

Tulear

ANOSY

Tolagnaro

ANALANJIROFO

 Fenerive Est

BOENY

Mahajanga

BONGOLAVA

Tsiroanomandidy

BETSIBOKA

Maevatanana

HAUTE-MATSIATRA

Fianarantsoa

IHOROMBE

Ihosy

MENABE

Morondava

SOFIA

Antsohihy

SAVA

Antalaha, Vohemar, Sambava

VATOVAVY FITOVINANY

Manakara, Mananjary

VAKINANKARATRA

Antsirabe

 

BNI

BNI Madagascar is a private sector institution present in Madagascar for several years. This company was a subsidiary of Crédit Agricole Group, since 2014, the bank has been majority owned by the consortium Indian Ocean Financial Holdings Limited. All type of banking operation are available at the level of each agency in Madagascar.

Company Overview

Company Name

BNI Madagascar

Address

Analakely, Antananarivo 101

 

Available?

Comments

NO LIMIT

Has IBAN, BIC, or SWIFT number?

Yes

n/a

Provides currency exchange?

Yes

n/a

Will initiate / receive wire transfers?

Yes

n/a

Provides Loan / Credit services?

Yes

n/a

Other Comments or Key Information

n/a

Other Locations

Region(s)

Service Location(s)

ANALAMANGA

Antananarivo

ALAOTRA – MANGORO

Moramanga, Ambatondrazaka

ATSINANANA

Toamasina

ATSIMO-ATSINANANA

Farafangana

ATSIMO ANDREFANA

Tulear

ANOSY

Tolagnaro

AMORON’I MANIA

Ambositra

ANALANJIROFO

 Fenerive Est

BOENY

Mahajanga

BONGOLAVA

Tsiroanomandidy

DIANA

Diego, Ambilobe, Nosy be, Ambanja

HAUTE-MATSIATRA

Fianarantsoa, Ambalavao

IHOROMBE

Ihosy

MENABE

Morondava

MELAKY

Maintirano

SOFIA

Antsohihy

SAVA

Andapa, Vohemar, Sambava

VATOVAVY FITOVINANY

Manakara, Mananjary

VAKINANKARATRA

Antsirabe

Clearing and Forwarding Agents


Freight forwarders are service providers that are approved by the State and their role is to ensure the collection of duties and taxes in the Malagasy State. Any transit operation will pass through freight forwarders approved in customs in Malagasy territory without exception especially at the international level.

Handling Equipment

Some large companies specialized in selling materials and handling equipment are located in the capital and especially in the major port and airport cities. Generally, each institute uses its own materials for its operations.   

Postal and Courier Services

The Malagasy post is still operational and regularly deals with short and long distance courier throughout the whole country and in international level. Other companies are available to provide service in sending freight: air or postal or door to door; such as DHL or Colis Expresse.

Printing and Publishing

Large printing and publishing companies are present in the major cities of the country. Several partnerships are in place with small businesses such as cyber caffes, available everywhere and generally dealing with the general populations everyday's needs.

Taxi Companies

Taxis are only available in the main towns of Madagascar and can be different depending on the areas:

-  The city taxis are owned by individuals and are convenient for all the population and generally available everywhere at any time; some have mobile phones to facilitate communication with their regular customers. They are professionals and have to be registered at government level but most of them are old and not well maintained.

-  The airport registered taxis linking the city centers to the airport. They are more professional and their cars are in a better condition.

Most of the agencies travel or hotel recommend their client by using it for security reasons

-  Other kind of transportation such as Tuk-Tuk or rickshaw are available out of the capital, they are cheaper and most of the inhabitants are using them.

Vehicle Rental

All major cities have tour operators and agencies to provide car rental. Most of the time, they will be offered with a driver, who may be a guide and especially a good mechanic in case of problem. Hotels can also provide vehicle rental network that are often a little cheaper but without insurance. The car dealers in the capital often offer rental vehicle service.

Waste Management and Disposal Services

Each cities of Madagascar have his own waste management system, but generally, there is a company or agencies under the supervision of the local authority which collects the waste (e.g. SAMVA for Antananarivo). They are autonomous and have their own planning to manage well the garbage removal in all around the town. The problem is that they suffer of a lack of materials like trucks to carry out their task and they are forced to subcontract with the local transporter.

The government does not yet have a recycling project at this time and consequently, waste management company are obliged to forward waste in the places granted by the municipality.

WASTE DISPOSAL-NON-HAZARDOUS

Incineration remains the most used method of disposing garbage. Waste is collected by a company or agency and usually transported to a specific place (municipal landfills) outside the cities for burning.

WASTE DISPOSAL-HAZARDOUS

The waste management system in Madagascar does not have a sorting system. All types of waste are sent to municipal landfills for incineration. Hospitals and several industries have their own incinerators to dispose of their waste.

A few private companies, such as the ADONIS ENVIRONNEMENT GROUP, which brings together several Malagasy companies, make treatment and recovery of hazardous waste (medical waste, hydrocarbon waste) in the major cities of Madagascar (Antananarivo, Tamatave)

Disclaimer: Inclusion of company information in the LCA does not imply any business relationship between the supplier and WFP / Logistics Cluster, and is used solely as a determinant of services, and capacities.

Please note: WFP / Logistics Cluster maintain complete impartiality and are not in a position to endorse, comment on any company's suitability as a reputable service provider

 

 

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