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Madagascar
Madagascar is an island in the Indian Ocean off the southeastern coast of Africa, the 4th largest island in the world. Agriculture is integral to Madagascar both economically and socially because it employs 80% of the population and accounts for more than one fourth of GDP. Madagascar has embarked on the Madagascar Action Plan (2007-2012), whose vision is "Madagascar, Naturally!"
The MAP has ambitious goals to improve a range of indicators of peoples' wellbeing: raising Madagascar's position on the UN Human Development Index; reduction of percentage of people living on less than $1 a day; reduction of the fertility rate; increase in life expectancy; increase in literacy; percentage of youth completing secondary school; improvement in economic growth, as measured by GDP and GDP per Capita; increase in foreign direct investment; position on the World Bank Business Climate Ranking; reduction in the Corruption Perception Index; and very significant increase in households having title to land.
Key Facts 1
- Madagascar is larger than the state of California; it has 19.5 million people (July 2007 est.)
- GDP per capita: $290. (World Bank Country Assistance Strategy). The Human Development Report ranking for Madagascar is 143rd out of 177 countries for which information is available.
- Agriculture, including fishing and forestry, is a mainstay of the economy, accounting for more than one-fourth of GDP and employing 80% of the population.
- Deforestation and erosion, aggravated by the use of firewood as the primary source of fuel, are serious concerns.
- Greater than 50% of the population lives below the poverty line (2004)
- The economic breakdown of GDP production is 27.3% agriculture, 15.8% industry, and 56.8% services (2007 est.)
- Exports include apparel, shrimp, vanilla, coffee, cloves, graphite, essential oils, industrial minerals and gemstones
PPAF Projects
Microfinance
A former high government official is establishing a microfinance institution for small entrepreneurs in the province surrounding Antananarivo. The project responds to an overall strategy of the government of Madagascar to promote microfinance to help overcome poverty. The Intervention area is largely rural, but also includes a suburban area with a high population agglomeration in the districts surrounding the capital city. This would not be a cooperative or mutual support group.
A PPAF volunteer helped refine the business plan and a current PPAF intern is assisting in marketing the project to potential investors and donors.
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1. CIA World Factbook updated March 20, 2008
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"The United Nations can only do its job properly with partners. We will need to forge even closer ties to civil society groups, foundations, academic institutions, the media, labour unions, and the private sector. Each has unique contributions to make."
-Ban Ki-moon
UN Secretary-General,
Address to UNA-USA Business Council
for the UN,
New York, 10 January 2007
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