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
Move aims to boost housing finance and expand affordable housing supply Bank to support real estate sector amid 800,000-unit housing deficit The...
Financing targets renewable energy and climate adaptation investments Deal supports Africa’s low-carbon transition and infrastructure funding...
Inflation dropped to 3.2% in March 2026, down from 25.8% a year earlier, marking 15 consecutive months of decline The Ghana Reference Rate was...
(BIDC) - The ECOWAS Bank for Investment and Development (EBID) has approved USD 266.7 million and XOF 30 billion to support a portfolio of strategic...
Most Read
01

Novo Nordisk cuts Wegovy prices in South Africa amid competition Move targets rival Eli Lil...

Drugmakers ramp up competition in South Africa’s obesity treatment market
02

WAEMU posts 3.31 trillion CFA francs trade surplus in Q4 Exports surge 50.4%, led by gold, ...

WAEMU Trade Surplus Widens to $5.8 Billion in Q4 2025 on Strong Export Gains
03

The BCEAO now allows UEMOA citizens abroad to open CFA franc accounts under the same conditions as...

West Africa Targets Diaspora Funds With New Banking Access Rules
04

Operator explores renewable energy partnership with Italy’s Ascot Energy Move aims to stabilize p...

Ethio Telecom Turns to Green Power to Secure Network Expansion
05

First investor town hall since 2021 signals renewed engagement with markets Authorities hi...

Ghana restarts investor engagement as macro recovery firms after default
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.