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Madagascar: The European Union at the bedside of the Malagasy Private Sector

The European Union has lately allocated a new funding of 8 million euro to support the private sector of the Island. The released funds will directly be managed by the Chamber of Commerce and Industry of Madagascar.
As a reminder, according to the latest figures published in late January 2015, the organization of the Economic Development Board of Madagascar (EDBM), 1,034 enterprises were registered throughout the year 2014 in Madagascar against 945 who had emerged the previous year.


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