Colonel Michael Randrianirina, head of the elite CAPSAT corps and the main architect of the October 14 coup, announced on Monday the appointment of businessman Herintsalama Rajaonarivelo as Madagascar’s new Prime Minister. Randrianirina, who was sworn in as the country’s new leader on Friday, October 17, said the choice was based on Rajaonarivelo’s “experience and international connections.”
Rajaonarivelo, a key figure in the private sector, former head of the Malagasy employers’ association, and Chairman of BNI Madagascar’s Board of Directors, will lead a civilian and inclusive transitional government. The administration is expected to share power with the military for two years until general elections are held, a move intended to reassure international donors and reduce the country’s diplomatic isolation.
“He has the skills, the experience, but also the relationships he maintains with international organizations and other countries that will collaborate with Madagascar,” Randrianirina said. By nominating a civilian prime minister, Colonel Randrianirina seeks to legitimize the military takeover and preserve ties with international partners. He also announced plans to form a full civilian government that will include the country’s main stakeholders.
Political Unrest and International Reaction
The military power grab followed weeks of anti-government protests spearheaded by the “Gen Z Madagascar” youth movement. The protests, sparked by severe water and electricity shortages and a deterioration of living conditions, culminated in the military ousting President Andry Rajoelina for “abandonment of post” after he fled abroad. Rajoelina, now in exile, condemned the move as an “unconstitutional coup d’état” and insisted that the online resignation letter was falsified.
The African Union condemned the military’s seizure of power, suspending Madagascar from all its bodies and demanding an immediate return to constitutional order. Both the United Nations and the Southern African Development Community (SADC) have also called for dialogue between the parties.
The political upheaval has triggered economic repercussions. S&P Global Ratings placed the country’s sovereign rating, B-/B, under a negative watch, arguing that the instability undermines economic growth and fiscal consolidation efforts. The agency has consequently downgraded Madagascar’s growth forecast for 2025–2026 to 3%, down from a previous projection of 4.1%.
Olivier de Souza
Togolese banks provided 16.2% of WAEMU cross-border credit by September 2025 Regional cross...
The BoxCommerce–Mastercard Partnership introduces prepaid cards, giving SMEs instant access to e...
Nigeria licensed Amazon’s Project Kuiper to operate satellite services from 2026, setting up dir...
Microfinance deposits in Togo increased by CFA11.9 billion, a 2.7% rise in the second quarter of 2...
Gas-fired plants and renewables anchor Mauritania’s electricity expansion plan New thermal, solar...
A local bank pool will finance Camtel’s CFA52.2 billion network expansion. BEAC approved CFA31.3 billion in refinancing via its special facility. The...
Tin production rose 7% in 2025 while EBITDA increased 25%. Output exceeded targets despite a temporary halt at the Bisie mine. Record tin prices...
Extractive revenues rose to CFA124.25 billion in 2023 from CFA19 billion a year earlier. The increase was driven mainly by CFA102.99 billion in...
President Tinubu approved incentives limited to the Bonga South West oil project. The project targets output of up to 150,000 barrels per day. The...
Three African productions secured places among the 22 films competing for the Golden Bear at the 76th Berlin International Film Festival. Berlinale...
Ambohimanga is a hill located about twenty kilometres northeast of Antananarivo, in Madagascar’s Central Highlands. It holds a central place in the...