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
Ethiopia’s ESX is not hindered by slow IPOs but by the deeper challenge of building a market culture that matches its emerging-market...
Telecom operator launches KES40 billion medium-term bond program First KES15 billion tranche offered at a fixed 10.40% rate for five...
16 of Nigeria’s 36 banks have met new capital requirements by Nov. 2025 Recapitalization aims to boost sector strength before March 2026...
Yvon Sana Bangui elected president of the Association of African Central Banks One-year term includes steering governors’ meetings and advancing...
Most Read
01

Vodacom Tanzania launches M-Pesa Global Payments, enabling seamless international transactions thr...

Tanzania’s Mobile Money Goes Global: Vodacom Partners with Visa, Alipay, and MTN
02

Anthropic, Rwanda’s government, and ALX launched Chidi, an AI mentor built on Claude. It wi...

Anthropic Partners with Rwanda, ALX to Deploy Claude-Powered AI Learning Companion Across Africa
03

Kossi Ténou succeeds Badanam Patoki as president of the AMF-UMOA. Ténou brings over 20 years of e...

Togo’s Kossi Ténou Appointed President of AMF-UMOA
04

JA Africa launches $1.5M digital safety program in four African countries Initiative to ...

Google.org, JA Africa to Train Children, Teachers and Caregivers in Digital Safety
05

Francophone Sub-Saharan Africa hosts 860+ startups but faces deep structural weaknesses EY urges...

Major Tech Reforms Needed for Francophone SSA to Attract More Investment, Report Says
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.