Past eventPast eventResearch Event

Business Development in Madagascar: How to Enable Entrepreneurialism

Chatham House, London


Erick Rajaonary, CEO, GuanoMadagascar Group; President, Association of the Madagascar Entrepreneurs 
Chair: Paul Melly, Associate Fellow, Africa Programme, Chatham House


Madagascar’s business environment has improved in a period of stability ushered in with elections in 2013, which brought an end to the political crisis that had started in 2009. SME development has been constrained by poor access to credit and financial services, weak definition of property titles, and skills gaps and human capital shortfalls that have impeded the development of a managerial talent pool. However, the government has prioritized reform for company creation, granting construction permits and cross-border trade, in support of entrepreneurialism and business development.
At this event, Erick Rajaonary, the CEO of the GuanoMad Group and president of the association of the Madagascar entrepreneurs, will discuss the how to create space for entrepreneurialism and prospects for broad based business development in Madagascar.