Investing in Madagascar

C. FINANCING

1. Local venture capital

Despite the inexistence of stock market in Madagascar, a company can get equity financing from the following local institutions:

FIARO
Rue Jules Ranaivo Ampefiloha

BP 725
101 Tananarive
Madagascar
http://www.fiaro.net


SONAPAR
Imm. Maison des Produits 67 Ha

Antananarivo

Madagascar

Tél.:+261 20 22 247 45

Fax. +261 20 22 248 86

Email: sonapar@moov.mg


Insurance companies can also be sources of equity financing:

ARO (Assurances Réassurances Omnibranches)
Antsahavola

B.P. 42 – Antananarivo

Madagascar

Tél.:+261 20 22 201 54

Fax. +261 20 22 344 64

Email: aro1@moov.mg

Website: http://www.aro.mg


Ny HAVANA
Immeuble Ny Havana 67Ha

Tél.:+261 20 22 267 60

Fax. +261 20 22 243 03

Email: Nyhavana@moov.mg

Website: http://nyhavana.com


Japanese companies willing to invest abroad or business ventures including at least a Japanese company can contact the JBIC for equity financing and loans.Japan Bank for International Cooperation (JBIC)

Tél.:+813 5218 3009

Fax. +813 5218 3950

Website: http://www.jbic.go.jp/en/index.html 

 

2. Loans

Six commercial banks in Madagascar provide short and long-term loans as well as other financial services.BMOI
Place de l’Indépendance Antaninarenina

BP 25 101 Antananarivo

Madagascar

Website: http://www.bmoi.mg


BNI CREDIT AGRICOLE MADAGASCAR
74, rue du 26 Juin 1960

101 ANTANANARIVO

BP 174

Tel: (+261 20) 22 228 00 or 22 239 51

Telex 22202CLMAD

Fax :( +261 20) 22 337 49

E-mail : info@bni.mg

Website: http://www.bni.mg


BFV SG
14, rue Général Rabehevitra Antaninarenina

BP 196

101 Antananarivo

Madagascar

Website: http://www.bfvsg.mg


MCB (Mauritius Commercial Bank)
rue Solombavambahoaka Frantsay Antsahavola

BP 198

101 Antananarivo

Madagascar


SBM
1 rue Andrianary Ratianarivo, Antsahavola

101 Tananarive

Madagascar

Tel: (+261 20) 22 666 07

E-mail: bsbmmtana@sbm.intnet.mu

 


BOA (Bank Of Africa)

2, Place de l’Indépendance

183 101 Tananarive

Madagascar

Website: http://www.boa.mg

 

3. Leasing

EQUIPBAIL MADAGASCAR
3, Avenue de l’Indépendance Soarano

Tél.: 261 20 22 384 66

Fax: 261 20 22 370 27

Email: eq.bail@wanadoo.mg


 

A. FIVE GOOD REASONS TO INVEST IN MADAGASCAR
B. OPPORTUNITIES
D. FINDING LOCAL PARTNERS
E. INVESTMENT INCENTIVES AND PROTECTION
F. STARTING A BUSINESS
G. USEFUL LINKS