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Investing in Madagascar

C. FINANCING

  1. Local venture capital
  2. Loans
  3. Leasing

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