Madagascar – 13 June 2014

Madagascar: Examples of EU Cooperation with Madagascar

In recent months, the EU has supported the Madagascan education system, which had been damaged significantly during the crisis since 2009, through two programmes: “Emergency support to the Malagasy national education” (€15 million) and “Support Programme for Basic Social Services (PASSOBA) Education” (€32 million).

European Union External Action

Tellus to Acquire 25% Interest in Southern Madagascar’s Block 3114
Australia-based oil & gas and mineral exploration firm Tellus Resources Limited (TLU or the Company) announced that it has agreed to acquire a 25 percent interest (with the right to acquire up to an 80 percent interest) in a drill-ready and large scale onshore oil exploration asset in Block 3114 in Morondava Basin off the south-east coast of Africa on the Island of Madagascar.