Madagascar

Madagascan deputy steps up to top job

Vonimanitra Razafimbelo appointed acting governor, just over a month after her predecessor Guy Ratovondrahona died; appointment comes a week ahead of presidential elections

Madagascar launches new currency

The Madagascan franc will be replaced by the launch of a new currency, according to a report by AFP The reference to the franc "lost its raison d'etre since the arrival of the euro", a central bank official said.

A tale of two central banks

FEATURE - It is unusual for one nation to have two central banks, but that seems to be the case in Madagascar. Following disputed presidential elections in December 2001, there are now in effect two administrations in place: that of Marc Ravalomanana,…

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