List of companies of Madagascar
Madagascar is an island country in the Indian Ocean, off the coast of Southeast Africa. Madagascar belongs to the group of least developed countries, according to the United Nations.[1] Ecotourism and agriculture, paired with greater investments in education, health, and private enterprise, are key elements of Madagascar's development strategy. Under Marc Ravalomanana, these investments produced substantial economic growth, but the benefits were not evenly spread throughout the population, producing tensions over the increasing cost of living and declining living standards among the poor and some segments of the middle class. As of 2017[update], the economy has been weakened by the 2009-2013 political crisis, and quality of life remains low for the majority of the Malagasy population.[citation needed]
Notable firms
[edit]This list includes notable companies with primary headquarters located in the country. The industry and sector follow the Industry Classification Benchmark taxonomy. Organizations which have ceased operations are included and noted as defunct.
Name | Industry | Sector | Headquarters | Founded | Notes | Status | |
---|---|---|---|---|---|---|---|
Air Madagascar | Consumer services | Airlines | Antananarivo | 1962 | S | A | |
Ambatovy mine | Mining | Mine | Moramanga | 2004 | Nickel & cobalt mine | P | A |
Central Bank of Madagascar | Financials | Banks | Antananarivo | 1974 | Central bank | S | A |
Chocolaterie Robert | Chocolate products | Chocolate | Antananarivo | 1940 | P | A | |
Jirama | Utilities | Electricity & water | Antananarivo | 1975 | Electricity production and water distribution | S | A |
Karenjy | Consumer goods | Automobiles | Fianarantsoa | 1985 | Automotive | P | A |
Madagascar Flying Services | Consumer services | Airlines | Antananarivo[2] | 2002 | Airline, defunct 2006 | P | D |
Madarail | Industrials | Railroads | Antananarivo | 1999 | Railway | P | A |
MCB Madagascar | Financials | Banks | Antananarivo | 1992 | Bank | P | A |
Paositra Malagasy | Postal services | Antananarivo | S | A | |||
Tiko Air | Consumer services | Airlines | Antananarivo | 2000 | Charter airline | P | A |
Tsaradia | Consumer services | Regional airline | Antananarivo | 2018 | S | A | |
Vakoka Vakiteny | Consumer services | Publishing | Toliara | 2007 | Publisher | P | A |
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Port Toamasina
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Local market vendors
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Cinemas Rex and Ritz
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Paositra Malagasy: the post office in Antsirabe
See also
[edit]References
[edit]- ^ "About LDCs". UN-OHRLLS. Retrieved 22 February 2017.
- ^ "MFS - Madagascar Flying Service on ch-aviation".