Banque Centrale De Madagascar
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Banque Centrale De Madagascar
The Central Bank of Madagascar ( mg, Banky Foiben'i Madagasikara; french: Banque Centrale de Madagascar, BCM) is the central bank of Madagascar. The bank's mission is to, in collaboration with the general government, and in observation of the laws of finance, to maintain the general political economy of Madagascar; and to maintain the national monetary reserves. The offices of the bank are located in Antananarivo. The Central Bank of Madagascar is active in developing financial inclusion policy and is a member of the Alliance for Financial Inclusion. History The Banque Centrale de Madagascar has origins in the Banque de Madagascar, which issued the Madagascar-Comores CFA franc, beginning in 1925, as Madagascar's currency. In 1945, after the creation of Territory of Comoros, the Banque de Madagascar et des Comores was formed ; concurrent with the creation of many other African franc currencies. After Madagascar's independence from France in 1960, Madagascar began issuing the Ma ...
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State Ownership
State ownership, also called government ownership and public ownership, is the ownership of an industry, asset, or enterprise by the state or a public body representing a community, as opposed to an individual or private party. Public ownership specifically refers to industries selling goods and services to consumers and differs from public goods and government services financed out of a government's general budget. Public ownership can take place at the national, regional, local, or municipal levels of government; or can refer to non-governmental public ownership vested in autonomous public enterprises. Public ownership is one of the three major forms of property ownership, differentiated from private, collective/cooperative, and common ownership. In market-based economies, state-owned assets are often managed and operated as joint-stock corporations with a government owning all or a controlling stake of the company's shares. This form is often referred to as a state-owne ...
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Microfinance
Microfinance is a category of financial services targeting individuals and small businesses who lack access to conventional banking and related services. Microfinance includes microcredit, the provision of small loans to poor clients; savings and checking accounts; microinsurance; and payment systems, among other services. Microfinance services are designed to reach excluded customers, usually poorer population segments, possibly socially marginalized, or geographically more isolated, and to help them become self-sufficient.Christen, Robert Peck Christen; Rosenberg, Richard; Jayadeva, Veena. ''Financial institutions with a double-bottom line: Implications for the future of microfinance''. CGAP, Occasional Papers series, July 2004, pp. 2–3. ID Ghana is an example of a microfinance institution. Microfinance initially had a limited definition: the provision of microloans to poor entrepreneurs and small businesses lacking access to credit. The two main mechanisms for the delive ...
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Leon Maxime Rajaobelina
Leon, Léon (French) or León (Spanish) may refer to: Places Europe * León, Spain, capital city of the Province of León * Province of León, Spain * Kingdom of León, an independent state in the Iberian Peninsula from 910 to 1230 and again from 1296 to 1301 * León (historical region), composed of the Spanish provinces León, Salamanca, and Zamora * Viscounty of Léon, a feudal state in France during the 11th to 13th centuries * Saint-Pol-de-Léon, a commune in Brittany, France * Léon, Landes, a commune in Aquitaine, France * Isla de León, a Spanish island * Leon (Souda Bay), an islet in Souda Bay, Chania, on the island of Crete North America * León, Guanajuato, Mexico, a large city * Leon, California, United States, a ghost town * Leon, Iowa, United States * Leon, Kansas, United States * Leon, New York, United States * Leon, Oklahoma, United States * Leon, Virginia, United States * Leon, West Virginia, United States * Leon, Wisconsin (other), United States, sev ...
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Toliary
Toliara (also known as ''Toliary'', ; formerly ''Tuléar'') is a city in Madagascar. It is the capital of the Atsimo-Andrefana region, located 936 km southwest of national capital Antananarivo. The current spelling of the name was adopted in the 1970s, reflecting the orthography of the Malagasy language. Many geographic place names, assigned French spellings during the colonial period, were altered following Malagasy independence in 1960. The city has a population of 168,758 in 2018. As a port town it acts as a major import/export hub for commodities such as sisal, soap, hemp, cotton, rice and peanuts. History In the 17th century, French buccaneers landed in the bay of St. Augustine near the Tropic of Capricorn, and founded the city to maintain commercial relations. It was not until the colonial period, after 1897, when the city really grew: with the efforts of Joseph Gallieni to install French administrative services, previously isolated on the island of Nosy Ve, to ...
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Morondava
Morondava (, from mg, morona lava "long coast") is a city located in Menabe Region, of which it is the capital, in Madagascar. It is located in the delta of the Morandava River at . Its population as of the 2018 census, was 53,510. Population The predominant tribe is the Sakalava. But there are also a few Betsileo, Tsimihety, Merina, Makoa as well as Europeans. Transportation Air Madagascar has regular scheduled flights to Morondava Airport. The main road to town has been renovated recently. With the new road established, a trip from Antananarivo to Morondava by taxi-brousse takes approximately 12 hours. Pirogues are consequently a popular mode of transport used to ferry people and goods along the coast, especially to Morombe. Roads * RN 34 to Ivato, Ambositra and Antsirabe. * RN 8 to Belo-sur-Tsiribihina. Ecology The city is famous amongst other things for the spectacular Avenue of Baobabs nearby at . These giant baobab trees are an 800-year-old legacy of the dense tropic ...
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Tolagnaro
Fort-Dauphin (Malagasy Tolagnaro or Taolagnaro) is a city (''commune urbaine'') on the southeast coast of Madagascar. It is the capital of the Anosy Region and of the Taolagnaro District. It has been a port of local importance since the early 1500s. A new port, the Ehoala Port was built in 2006–2009. Fort-Dauphin was the first French settlement in Madagascar. Location Fort-Dauphin was initially situated on a short, narrow peninsula on the extreme southeastern coast of Madagascar. It has since grown to cover a much greater area along the ocean, almost to Mount Bezavona. Climate Fort-Dauphin has a tropical rainforest climate, though it is less rainy than areas further north on the eastern Malagasy coast. Being closer to the centre of the subtropical anticyclones than other parts of Madagascar, most rainfall is orographic, and tropical cyclones are not as common as in more northerly parts of the island. History The bay of Fort-Dauphin was found by a Portuguese Captain i ...
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Manakara
Manakara is a city in Madagascar. It is the capital Fitovinany Region and of the district of Manakara Atsimo. The city is located at the east coast near the mouth of the Manakara River and has a small port. The bridge over the Manakara River that connected the northern and southern parts of the city partly collapsed in September 2012. It is the endpoint of the Fianarantsoa-Côte Est railway (FCE), which connects the city of Fianarantsoa with the sea. For those interested in traveling to Manakara via the railway, please be advised the train can take over 12 hours at times. It usually leaves Fianarantsoa at 7 in the morning, and is supposed to reach Manakara by 4 pm, but there have been incidences of it not reaching Manakara until much later. If one needs to return to the capital from Manakara and time is an issue, take a plane or a taxi-brousse (Taxi-Bus). There is also an airport and a national road along the coastline. Manakara Airport is one of the few places where a railw ...
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Sambava
Sambava is a city and commune (commune urbaine; mg, kaominina) at the east coast of northern Madagascar. It is the capital of Sambava District and Sava Region. The population of the commune was 84,039 in as of the 2018 commune census. Infrastructure Sambava is located on Route nationale 5a (Madagascar), Route Nationale 5a Ambilobe - Antalaha. It has a local airport, Sambava Airport, regional airport. In addition to primary schooling the town offers secondary education at both junior and senior levels. The town provides access to hospital services to its citizens. Economy Farming and raising livestock provides employment for 45% and 0.5% of the working population. The most important crop is vanilla, while other important products are coconut and rice. Industry and services provide employment for 0.5% and 53.5% of the population, respectively. Additionally fishing employs 0.5% of the population. Sambava disposes of white, sandy beaches with several hotels. The Marojejy Nation ...
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Mahajanga
Mahajanga (French: Majunga) is a city and an administrative district on the northwest coast of Madagascar. The city of Mahajanga (Mahajanga I) is the capital of the Boeny Region. The district (identical to the city) had a population of 220,629 in 2013. Mahajanga is a tourist destination for Malagasy tourists and international travelers, with beaches, a coconut-lined boardwalk ("Le Bord", short for "Bord de la mer" or sea-side), and eight months of hot, virtually rain-free weather. City Mahajanga is a seaport, the second most important one in Madagascar after Toamasina. The marine terminal accommodates containerships and small (150 gross ton) general cargo freighters. Because of limited water depth at the wharf, only small ships can call at the terminal. Deeper-draft ships anchor off the terminal and transfer cargoes to and from barges, which move it to and from the terminal. Severe storms during December 2006 damaged the bulkhead, allowing water to flow in and wash backfi ...
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Nosy Be
Nosy Be (formerly Nossi-bé and Nosse Be) is an island off the northwest coast of Madagascar. Nosy Be is Madagascar's largest and busiest tourist resort. It has an area of , and its population was 109,465 according to the provisional results of the 2018 Census. ''Nosy Be'' means "big island" in the Malagasy language. The island was called Assada during the early colonial era of the 17th century. Nosy Be has been given several nicknames over the centuries, including "Nosy Manitra" (the scented island). History The first human inhabitants of Nosy Be were small bands of Antankarana and Zafinofotsy, before the Sakalava people migrated there and became the most numerous ethnic group on the island. These people were joined later by some Comorians, Indians or Antandroy. Nosy Be made first major appearance in Madagascar's history when King Radama I announced that he intended to conquer the whole west of Madagascar. That plan was eventually achieved in 1837 when the Sakalava Kingdom of ...
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Antsiranana
Antsiranana ( mg, Antsiran̈ana ), named Diego-Suárez prior to 1975, is a city in the far north of Madagascar. Antsiranana is the capital of Diana Region. It had an estimated population of 115,015 in 2013. History The bay and city originally used the name ''Diego-Suárez'', named after Diogo Soares, a Portuguese navigator who visited the bay in 1543–44. In the 1880s, the bay was coveted by France, which desired it as a coaling station for steamships. After the first Franco-Hova War, Queen Ranavalona III signed a treaty on December 17, 1885, granting France a protectorate over the bay and surrounding territory, as well as the islands of Nosy-Be and Ste. Marie de Madagascar. The colony's administration was subsumed into that of Madagascar in 1896. The Second Pacific Squadron of Imperial Russia anchored and was resupplied at Diego-Suárez on its way to the Battle of Tsushima in 1905. In 1942, Diego-Suárez was the primary objective of Operation Ironclad, the starting point ...
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Fianarantsoa
Fianarantsoa is a city (commune urbaine) in south central Madagascar, and is the capital of Haute Matsiatra Region. History It was built in the early 19th century by the Merina as the administrative capital for the newly conquered Betsileo kingdoms. Fianarantsoa means "Good education" in Malagasy. It is a cultural and intellectual center for the whole island. It is home to some of the oldest Protestant and Lutheran cathedrals on the island, the oldest theological seminary (also Lutheran), as well as the Roman Catholic Archdiocese of Fianarantsoa (seated in the Cathedral of the Holy Name of Jesus). The city of "good education" also boasts a university named after it and built in 1972. Fianarantsoa is considered to be the capital of wine in Madagascar, because of the presence of many wine industries in the city. Geography It is at an average altitude of , and has a population of 191,766. The town is linked to the rest of the country by the National road 7, one of the main hi ...
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