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Madagascar

As of Mar 31, 2026
Percentage of IDA votes
0.21%
As of Jun 30, 2026
Percentage of IFC votes
0.06%
As of Jun 30, 2026
Percentage of MIGA votes
0.19%
Latest information on Voting Powers on worldbank.org website
Financial Data for this Country / EconomySource Data Client Connection Login
Exposure
As of Mar 31, 2026
IBRD
N/A
N/A
IDA
N/A
N/A
Projects
As of Jun 30, 2026
Total Commitment Amounts
US$ 10,850,465,547
US$ 10,850 M
# of projects
158
Eligible for IDA Lending only, See also Lending Rates & Fees

Latest Approved Projects

Phase 2 of Improving Nutrition Outcomes Using the Multiphase Programmatic Approach
Approved on Jun 05, 2026

Principal
US$ 80,000,000
US$ 80 M
Accelerating Sustainable and Clean Energy Access Transformation Madagascar
Approved on May 04, 2026

Principal
US$ 150,000,000
US$ 150 M
Accelerating Sustainable and Clean Energy Access Transformation Madagascar
Approved on May 04, 2026

Principal
US$ 100,000,000
US$ 100 M
Multimodal Transport and Logistics Project.
Approved on Apr 24, 2026

Principal
US$ 95,000,000
US$ 95 M

Projects
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Explore the Data
  • Data presented does not include Trust Funds, Financial Intermediary Funds (FIFs) Commitments, loans to IFC nor IBRD/IDA guarantees.
  • The fiscal year begins on July 1st of the previous year and runs through June 30th of the designated year.
  • Based on unaudited data.
For project information IBRD and IDA discloses on a daily basis, please refer to the
  • Projects and Operations Portal
Investment
As of Jul 07, 2026
Total Board Approval Amounts
US$ 290,940,000
US$ 291 M
# of Projects
17
Advisory
As of Jul 08, 2026
Total Estimated Budgets
US$ 21,177,619
US$ 21 M
# of projects
15

Recently Disclosed Investments

MFP-BOP BNI Madagascar
Approved on Aug 29, 2024

Total IFC Investment as approved by Board
US$ 30,000,000
US$ 30 M
SGM bond
Approved on Jun 27, 2024

Total IFC Investment as approved by Board
US$ 15,000,000
US$ 15 M
BOP ACEP
Approved on Aug 01, 2023

Total IFC Investment as approved by Board
US$ 2,500,000
US$ 3 M
BOP PAMF
Approved on Apr 19, 2023

Total IFC Investment as approved by Board
US$ 2,000,000
US$ 2 M

Projects
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Explore the Data
  • Projects for which no disbursements have occurred are not included.
  • For Investment projects, all investment figures are indicative and represent only the total amounts as approved by the Board.
  • For Advisory Services projects, the estimated project budgets include all project-funded activities.
  • Data in millions of US$ equivalent.
  • The fiscal year begins on July 1st of the previous year and runs through June 30th of the designated year.
  • Based on unaudited data. Data as disclosed by IFC.
For project information IFC discloses on a daily basis, please refer to the
  • IFC Disclosure Portal
  • IFC.org website
  • How to apply for Financing
Gross Outstanding Exposure
As of Dec 31, 2025
N/A
N/A
Guarantees Issued
For the period JUL 01, 2008 to May 31, 2026
Gross Issuance
US$ 132,426,568
US$ 132 M
# of projects supported
8

Recently Disclosed Projects

CrossBoundary Energy Madagascar II
As of May 31, 2026

Gross Exposure
US$ 3,609,168
US$ 4 M
CrossBoundary Energy Madagascar SA
As of May 31, 2026

Gross Exposure
US$ 23,328,609
US$ 23 M
Airtel Mobile Money Madagascar
As of May 31, 2026

Gross Exposure
US$ 5,130,000
US$ 5 M
Ravinala Airports
As of May 31, 2026

Gross Exposure
US$ 72,667,433
US$ 73 M

Projects
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Explore the Data
  • Total guarantees issued from FY2009.
  • Data presented does not include guarantees issued on behalf of MIGA administered Trust Funds.
  • Data in millions of US$ equivalent.
  • The fiscal year begins on July 1st of the previous year and runs through June 30th of the designated year.
  • Based on unaudited data.
For project information MIGA discloses on a daily basis, please refer to the
  • MIGA Project Portal
  • MIGA.org website
  • Apply for an Investment Guarantee
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