Madagascar – 20 May 2016

Madagascar President on an investor charm offensive

Seven years after the start of a political crisis, Madagascar has declared itself open for business.

On an official visit to Singapore, President Hery Rajaonarimampianina told CNBC on Thursday that he was looking to attract more foreign investors to the island nation rich in biodiversity and natural resources.

“Madagascar is a land of opportunities in many sectors, including agriculture, mining, tourism and energy. After a few years of political and economic crisis, Madagascar is on the path of stability so it’s important to assure investors of the situation,” Rajaonarimampianina said.