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Vol 46 No 12

Published 10th June 2005


Madagascar

Marc and the miners

Washington and the multinationals give Ravalomanana's team a boost

Multinational mining giant Rio Tinto is about to approve a US$500 million dollar investment in the Fort Dauphin region of south-eastern Madagascar. The resulting employment and economic growth should give a big lift to President Marc Ravalomanana and his Tiako-I-Madagaskira (TIM, I love Madagascar) party, elected on a reformist agenda three years ago. The defeated 'Red Admiral' Didier Ratsiraka defied the election result for several months, then gave up and fled the country in July 2002 (AC Vol 43 Nos 7 & 10).

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