Madagascar - unrealised potential

At this stage our trade is small, but it’s an area of huge potential, says Bonnett. “A number of big mining operations are coming to fruition in the south of the country and there are big World Bank infrastructure development projects in roads and power which have in the past constrained Madagascar.Now you’re seeing the integrated poles project which has large power, telecommunications and transport components.” Apart from mining, tourism and tourism development are picking up, as are agriculture and agro processing. Oil and gas have also been discovered in reasonable quantities off the north west coast of the country.