Affairs World – Malagasy Private Sector Composed of Less than 1% by Large Companies in 2022, According to Afdb
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Antananarivo, July 3, 16:15 – Large enterprises account for less than 1% of the 332,000 formal private sector enterprises in Madagascar in 2022. Most, or almost 93%, were individual enterprises, according to the African Development Bank (ADB) Country Report 2025, published in June. These large structures operate mainly in the extractive, oil and banking sectors. Micro and small enterprises dominate trade, agro-industry, textiles and wood, says t…
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