Current Business Issues in African Countries
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Madagascar
Below, is a sample of companies that have verified websites. The list is provided for illustrative purposes, is not exhaustive, and does not represent an endorsement of the listed companies. Note: Company descriptions were generated with ChatGPT. Copyright infringement is not intended. Please contact us to obtain a copy of the raw data and references ChatGPT used to generate the company descriptions.
Agriculture
UNIMA Group
https://www.unima.com/madagascar/?lang=en
UNIMA is one of Madagascar’s largest and most established agribusiness operators, best known for aquaculture—especially shrimp farming. Founded in 1965, the company manages integrated shrimp production from breeding to export, focusing on sustainability and community development. Its aquaculture facilities have achieved international certifications and export products to global markets.
BASAN Group
BASAN is a long-standing Malagasy group with activities across agriculture, industry, and distribution. For over 75 years, it has been involved in agricultural production and the distribution of agricultural goods, contributing to the local food supply and economy. The group produces a range of products that are important to Malagasy agricultural value chains.
Textile and Apparel
Actual Textiles Madagascar
https://www.actualtextiles.com/
Actual Textiles is one of Madagascar’s leading full-service garment manufacturers, combining traditional Malagasy craftsmanship with modern garment technology. Founded in 2002, they specialize in producing high-quality apparel—including ready-to-wear, children’s clothing, loungewear, and accessories—for export markets in Europe, North America, the UK, and South Africa. The company is also known for strong sustainability commitments and certifications.
Madagascar Textile Hub
Description: Madagascar Textile Hub is a textile production and outsourcing partner that offers end-to-end services—from product development to finished garment delivery. It combines local Malagasy textile expertise with international quality control and logistical capabilities, targeting export-oriented ready-to-wear markets across Europe, North America, the Middle East, and beyond.
Mining
Ambatovy
Ambatovy is the largest mining operation in Madagascar focused on extracting and processing nickel and cobalt, key transition minerals used in electric vehicle batteries and other high-tech applications. It is one of the largest lateritic nickel mining ventures globally and represents the largest foreign investment in Madagascan history. The operation includes extraction, processing, infrastructure development, and community engagement initiatives.
QIT Madagascar Minerals (QMM) – Rio Tinto Joint Venture
https://www.riotinto.com/en/operations/africa/qit-madagascar-minerals
QIT Madagascar Minerals (commonly known as QMM) is a major mining company operating in southeastern Madagascar (near Fort Dauphin), predominantly producing ilmenite, a primary source of titanium dioxide used in pigments and industrial materials. QMM is a long-term joint venture between global mining giant Rio Tinto (80%) and the Government of Madagascar (20%) and also produces other minerals like zirsill and monazite.
Tourism
Cactus Tours Madagascar
https://www.cactus-madagascar.com/
Cactus Tours Madagascar is one of the most established and respected inbound tour operators in Madagascar, operating since 1998. Based in Antananarivo, it offers custom and tailor made itineraries across the island—including wildlife safaris, cultural tours, beach holidays, and birdwatching adventures—focusing on personalized travel experiences and sustainable tourism practices. They serve a broad range of international travelers with expert guides and local knowledge.
MadCameleon
https://www.madcameleon.com/en/
Description: MadCameleon is a local Madagascar tour operator and travel agency based in Antananarivo with 25+ years of experience. It specializes in custom designed adventure and discovery trips that showcase Madagascar’s rich biodiversity—from rainforest hikes and river canoe journeys to cultural exchanges—and emphasizes authentic interactions with local communities and eco responsible travel.
Services
Teleperformance Madagascar
Teleperformance is a global leader in business process outsourcing (BPO) and customer experience management. Its Madagascar operations focus on multichannel customer support, including call center services, technical support, and back office processing for international clients. The company is part of Teleperformance SE, a French multinational with a large global footprint across dozens of countries.
SmartOne Group
SmartOne is a Madagascar origin IT services and data solutions company specializing in data labeling, annotation, and AI related services that support machine learning and artificial intelligence projects. Its services help international tech and enterprise clients prepare high quality datasets for AI models, and it also provides tech workforce solutions and digital services. The company has a global presence with offices and operations including Madagascar.