MADAGASCAR: POLITICAL DESTABILISATION AND RESOURCE NATIONALISM IMPERIL 2024 RECOVERY

   Tue, 02 January 2024

Following his disputed re-election as president late last year, Andry Rajoelina faces a wide range of political, security, and socio-economic challenges in 2024. Even while military loyalty is more assured than before, political destabilisation tactics remain a threat over the coming year, while outbreaks of civil and communal unrest are expected to be frequent. Political oppression and corruption will stall donor commitments that are crucial for budget funding. Foreign investors in mining, energy, and agriculture sectors face heightened risks of arbitrary contract frustration and resource nationalism, as the economic recovery remains sluggish.

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