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.
Togo parliament adopts WAEMU law against currency counterfeiting Bill defines offences including ...
Since its 2019 IPO, Airtel Africa paid Deloitte over $37 million in audit and non-audit fees,...
CCR-UEMOA presents mid-term review of private sector competitiveness efforts Reforms, AfCFTA trai...
World Bank announces $137 million to boost West Africa digital economy Program expands broad...
Tilenga oil project required land from 4,954 households in Uganda Over 99% of affected households...
Creative industries expand with women at the core, but face persistent financing gaps Sector contributes up to $310 billion to GDP and...
Victory Farms plans a $5.7 million fish farm on Lake Victoria Project could add up to 30,000 tons of tilapia annually Aquaculture is...
Global offshore wind capacity could reach 100 GW by end-2026, according to RenewableUK. The sector could add 13–17 GW of new capacity,...
Côte d’Ivoire is advancing talks with the United States on digital infrastructure and innovation Starlink is positioned as a key tool to expand...
Afreximbank launches Impact Stories season two highlighting trade-driven transformations Series features projects across Africa and Caribbean, from...
Mbanza Kongo, located in northern Angola, is one of the most important historic cities in Central Africa. The capital of Zaire Province, it stands on a...