Public Management

Madagascar kicks off production of capsules for Covid Organics

Madagascar kicks off production of capsules for Covid Organics
Monday, 05 October 2020 18:23

Madagascar officially launched on October 2 the production of Covid Organics (CVO) in the form of capsules. The Head of State Andry Rajoelina visited a factory specialized in the production of the new substance, near the capital Antananarivo, in that regard. 

This is another step taken by the Malagasy government as part of its strategy to promote a local remedy for the coronavirus pandemic. It was last April that the authorities announced the discovery of this infusion, based on the artemisia plant, to fight the disease. The remedy was however highly criticized, especially because the number of Covid-19 cases in the country surged in the months that followed.

Despite these setbacks, President Rajoelina seems to maintain his confidence in the Malagasy Institute of Applied Research that developed the cure. “We will make known to the world the capsules produced from artemisia and ravintsara, local Malagasy plants, whose virtues are recognized worldwide [...] we can change history through nature, natural resources and Malagasy know-how,” he said.

The plant for manufacturing the new products has a capacity of up to 32,000 capsules per day and already holds a stock of 275 million, according to the authorities.

While several countries, particularly African countries, have already obtained several doses of this remedy, the new strategy could enable the Big Island to better market its product. However, to date, no independent study has yet proven the effectiveness of CVO against coronavirus.

As a reminder, according to the latest figures from the African Union, Madagascar has 16,558 cases, 232 deaths, and 15,486 recoveries.

Moutiou Adjibi Nourou 

Additional Info

  • communiques: Non
  • couleur: N/A
On the same topic
Income tax threshold to rise to 30,000 shillings per month Government aims to ease cost-of-living pressures and boost household...
Phatisa reaches $86 million first close for food fund Backed by BII, IFC, and other development finance institutions Fund targets Africa’s food...
Gabon Loisirs et Tourisme acquires Newrest Gabon operations Deal covers 300 employees, nine sites, and industrial catering services Takeover...
PenCom licenses Awabah as the first approved pension agent Move targets informal and self-employed workers under the micro pension scheme Reform aims...
Most Read
01

Except for Tunisia entering the Top 10 at Libya’s expense, and Morocco moving up to sixth ahead of A...

Global Firepower Index 2026: Egypt, Algeria, Nigeria Lead Africa's Military Rankings
02

Deposits grow 2.7%, supporting lending recovery Average loan sizes small, credit risk persists ...

Togo Microfinance: Deposits and Loans Rise Simultaneously in Q3 2025
03

Oil majors expand offshore exploration from Senegal to Angola Gulf of Guinea accounts for about 1...

Gulf of Guinea regains appeal as a key exploration hub for oil majors
04

The BCEAO granted Semoa a level-3 “full service” payment institution license on January 27, 2026...

Togolese Fintech Semoa Wins Full-Service BCEAO License
05

MTN is considering buying back telecom towers it sold years ago, signalling that control of infras...

MTN’s Talks to Buyout IHS: A Strategic Reversal That Could Reshape African Telecoms
Enter your email to receive our newsletter

Ecofin Agency provides daily coverage of nine key African economic sectors: public management, finance, telecoms, agribusiness, mining, energy, transport, communication, and education.
It also designs and manages specialized media, both online and print, for African institutions and publishers.

SALES & ADVERTISING

regie@agenceecofin.com 
Tél: +41 22 301 96 11 
Mob: +41 78 699 13 72


EDITORIAL
redaction@agenceecofin.com

More information
Team
Publisher

ECOFIN AGENCY

Mediamania Sarl
Rue du Léman, 6
1201 Geneva
Switzerland

 

Ecofin Agency is a sector-focused economic news agency, founded in December 2010. Its web platform was launched in June 2011. ©Mediamania.

 
 

Please publish modules in offcanvas position.