Business Opportunities

Madagascar, the World's fourth largest island, is about 1,000 miles long and 350 miles wide at its widest point, and lies 250 miles off the East Africa coast. Economically considered a Least Developed Country, its population numbers over 18.5 million.

The island has a wide variety of natural resources – graphite, chromite, coal, bauxite, salt quartz, tar sands, semiprecious stones, mica, fish and hydropower. However, the economy remains largely dependent on the exportation of agriculture products – coffee, vanilla, sugar and cotton cloth amongst others – for continued economic growth, instead of employing Madagascar’s natural resources as a source of consistent economic growth. Though, it should be noted that some of Madagascar’s natural resources – most notably exports of shellfish and chromite – have contributed to economic expansion in recent years.