Manda, Madagascar: Staying Competitive Against the Multinationals
Unlike most fishing businesses in Madagascar, Manda does not belong to a multinational enterprise. It is entirely owned by Arthur and Bakoly Razakanavalona. A medium-sized company by Malagasy standards, with 1% of the estimated Madagascan fish market, it nevertheless remains competitive against big companies, handling 180 tonnes of exports with an annual turnover worth some US$600,000.