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Entrepreneurship – The Fivmpama installed in 7 regions of Madagascar

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Last updated on février 25, 2018

Fivmpama broadens its horizons on a regional level. Currently 7 antennas of FIVMPAMA are installed in 7 regions of Madagascar.

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Fivmpama focuses on regional offices

The Fivmpama or Groupement du patronat malgache has decided to strengthen its commitment in various regions and Provinces of Madagascar, for several years now. An effort was made and, in 2017, the Fivmpama finally had regional branches in 7 regions: Bongolava, Haute-Matsiatra, Amoron’i Mania, Vakinankaratra, Atsinanana, Menabe, Boeny.

These antennas have been installed in particular to facilitate collaboration between entrepreneurs located in the Capital and the Provinces, but also facilitate access to solutions to the various problems faced by entrepreneurs in the Provinces.

Difficulties encountered in entrepreneurship in the Provinces

The lack of material and financial means and the difficulty of access to administrative services is indeed one of the main obstacles slowing down entrepreneurship in these localities. On the other hand, unfair competition between Malagasy and foreign companies is one of the big problems faced by these entrepreneurs in the Provinces, and not only.

« I made a loan at the bank. I received a rate of 18%. Then a foreign company made a loan and the bank granted them the loan with a rate of 6% », said a woman entrepreneur, indignant.

One case among others, which has shown how much the entrepreneurial environment in Madagascar is polluted and monopolized by large groups of foreign companies.

« The grouping is the only way for us to be able to unite our voice and challenge the authorities on the different problems, » said Eric Rajaonary, President of Fivmpama, during the celebration ceremony of the New Year.

Eric Rajaonary, the Fivmpama President, very optimist about the economic future of Madagascar. cc: Book News Madagascar

That is why the Fivmpama has adopted a strategy of grouping and setting up antennas, both nationally and internationally.

An international groupment

In addition to installing antennas in the regions, Fivmpama has also decided to conquer the global business community and the Malagasy diaspora abroad. In 2017, seven countries also set up an antenna: Canada, United States, Germany, France, Seychelles, Reunion and the United Kingdom. Collaboration, partnerships and exchange of ideas for an improvement of the economic climate in Madagascar are the objectives of these actions abroad.


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