Ahead of the Africa Forward 2026 Summit, Madagascar intends to make a distinct voice heard on the continental economic stage. The Great Island seeks to position itself as a high-potential green growth territory, articulating its natural assets — unique biodiversity, mineral resources, maritime coastline — with an ambition for greater digital connectivity.
5.1% growth and mining resources at the heart of discussions
Madagascar's central bank has projected 5.1% growth for 2026, partly driven by commodity exports and a recovering tourism sector. These figures form the foundation of Madagascar's position at the summit: a country on a stable growth trajectory, capable of welcoming long-term investments.
The mining sector — nickel, cobalt, graphite, ilmenite — is central to the discussions. Madagascar holds some of Africa's largest reserves of certain critical metals, essential for the global energy transition. The AIIB has mobilised $353 million to finance connectivity and decarbonisation infrastructure in the country.
Digital ambition as a transformation lever
The «connected» economy Antananarivo envisions requires accelerated internet connectivity deployment, particularly in rural areas, and the development of mobile payments. With a population of over 28 million, the majority still unbanked, the potential is considerable. Several Malagasy startups have begun emerging in agritech and fintech, supported by regional funds.
Why it matters: Madagascar is too large an economy to remain marginal in the Indian Ocean landscape. Its 2026 trajectory — sustained growth, international interest in its resources, digital ambition — sketches a country in transition. Mauritius-based and Réunion-based regional investors have every reason to closely track the emerging opportunities there.