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
Africa Re reports net profit of $199 million in 2025, up 50.62% year-on-year. Investment income reaches record $114 million while FX losses...
Enko Capital acquires Servair’s fast-food unit in Côte d’Ivoire, including the Burger King franchise. Transaction may alter Servair Abidjan revenue...
Africa’s ultra-wealthy population expected to rise 15% by 2031 Continent’s share of global wealth declines amid faster growth...
Togo holds talks with IMF and World Bank during Washington meetings Focus on tools to manage crises and protect vulnerable...
Most Read
01

(EBID) - EBID aims to allocate nearly 41% of its commitments to projects with environmental and...

EBID makes giant strides for a green transition in west africa
02

Mahindra & Mahindra is considering a CKD assembly plant near Durban to strengthen its presence i...

Mahindra & Mahindra Eyes Major Shift to Full Vehicle Assembly in South Africa
03

Mobile phones have become essential tools for work, education, payments and staying connected across...

EU Mandates Removable Phone Batteries. What It Means for Africa’s Device Market 
04

BOAD exits BOA Bénin and Niger, sells stakes to Sonimex BOA Bénin posts growth; BOA Niger see...

BOAD exits BOA Bénin and Niger, Sonimex takes stakes as performance diverges
05

MTN Ghana launches crackdown on mobile money agent fraud Audits trigger warnings, suspensions...

MTN Ghana tightens controls on mobile money agents over fraud concerns
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.