Madagascar has made airport modernization a central part of its strategy to stimulate tourism and increase air traffic, both of which were severely impacted by the pandemic and the global fuel crisis. Several infrastructure upgrades are underway at Ivato International Airport in Antananarivo and at Nosy Be Airport, both managed by Ravinala Airports.
According to local press citing CEO Daniel Lefebvre, work on the tarmac expansion at Ivato is already 80% complete and scheduled for delivery in early July 2025. In parallel, the domestic terminal is being renovated, with completion expected by the end of the year. These upgrades are being executed at a cost of €2 million (about $2.2 million).
These projects are part of a broader €23.5 million modernization initiative launched by the government in March 2025. The plan is designed to double the airports’ capacity to accommodate rising demand, support the development of national carrier Madagascar Airlines, and improve the overall travel experience for visitors.
At Ivato, the upgraded infrastructure will allow the airport to handle 1.1 million passengers in 2025, up from 900,000 in 2024. According to the government's tourism road map, international visitor numbers are expected to grow from 308,275 in 2024 to one million annually by 2028.
• Inflation within the West African Economic and Monetary Union (UEMOA) fell to a two-year low of 0....
• Interbank volumes rose 18.7% in May, while rates declined across the market• The BCEAO cut its mai...
• The U.S. imposed a 20% tariff on cashew exports from Vietnam and a 40% tax on suspected transshipm...
Cauri Money launches Gajo Money, an e-wallet for the Cameroonian diaspora, targeting €120 mil...
Backbone Infrastructure will build a $15 billion refinery in Nigeria's Ondo State, with a capac...
MTN has announced the launch of the MTN Cloud Accelerator, a 12-week hybrid program designed to help African startups scale faster by leveraging MTN’s...
• CMOC increased cobalt production by 13% to 61,073 tonnes in the first half of 2025.• The DRC extended its cobalt export ban, forcing CMOC to stockpile...
• IMF extends Niger’s Extended Credit Facility (ECF) program by one year through December 2026.• IMF approves a $41 million disbursement tied to...
Kenya plans to import 1.05 million tonnes of palm oil in 2025/2026, near its highest ever level. Malaysia supplies 90% of Kenya’s palm oil, sharply...
The Emerald Sea is a vast turquoise lagoon located in the northern part of Madagascar, just a few kilometers from the town of Antsiranana (formerly Diego...
Malawi’s Mount Mulanje and Cameroon’s Diy-Gid-Biy added to UNESCO World Heritage List Africa still holds 25% of endangered sites, despite recent...