Madagascar Development

A U.S. report on human trafficking has placed Madagascar in the lowest category and claims the country's de facto government has done nothing to crack down on the practice of sending thousands of women to the Middle East, where the majority of them encounter forced labor and abuse. The new report reduces prospects of the U.S. resuming non-humanitarian aid to the island nation, to which it suspended aid in 2009 following a coup. The new report claims Madagascar has increasingly become “a source country for women and children subjected to forced labor and sex trafficking," particularly since a March 2009 coup sparked an economic crisis and “a decline in the rule of law." The report says Madagascar's government has done little to prevent the sex trafficking or to prosecute so-called job agencies and government employees that recruit vulnerable women, often from poor, rural areas, and trick them into leaving for lucrative contracts in the Middle East. About 800 women hav...

Ce montant a été révélé hier par le président du groupement des entrepreneurs malgaches (Fivmpama) hier au Carlton. Il faisait partie de l’enveloppe pour Madagascar dans le cadre du Fonds européen de développement (10ème FED) dont le montant total s’élève à 633 millions d’euros. A cause de la non reconnaissance du régime en place par la communauté internationale, les aides européennes sont suspendues. Ces financements sont des aides non remboursables et sont affectées à d’autres pays en cas de non performance et/ou de problème politique comme ce qui se passe à Madagascar… Les 300 millions d’euros cités plus haut sont affectés à 19 pays pour leurs bonnes performances pour atteindre les Objectifs du millénaire pour le développement (OMD) ou pour réduire de moitié la pauvreté d’ici 2015. A la délégation de la Commission européenne à Madagascar, l’on n’a pas voulu confirmer ce chiffre en avançant qu’il évolue rapidement et peut avoir déjà dépassé les 300 millions d’euros. En effet, la réa...

Madagascar Oil Ltd. sought to resume trading in London on June 27 after resolving most disputes with the government regarding its blocks in Madagascar. The government acknowledged the company’s right to a 2-year extension of the Tsimiroro Block 3104 PSC to August 2014. Madagascar’s OMNIS acknowledged a delay due to the force majeure event that would be addressed at the end of the contract term if necessary. Activity for the installation of the Tsimiroro nine-pattern steamflood pilot facility will be ramped up to progress to a start date expected in the third quarter of 2012. Madagascar Oil in 2010 reported 18 wells successful of 24 drilled and completed 430 km of electrical resistivity tomography. A revision by Netherland, Sewell & Associates Inc. of the 965 million bbl contingent original oil in place estimate to reflect the 2010 data is expected in July 2011. The Ministry of Mines & Hydrocarbons MH and OMNIS assured the company that that there are no technical issues outstand...