The Honourable Minister for Economy and Finance of Madagascar, Her Excellency, Mrs. Rindra Hasimbelo Rabarinirinarison, was recently conferred with the African Minister of the Year Award (Economic Recovery, Growth, and Development). At the just-concluded 13thAfrican Business Leadership Awards (ABLA) presentation ceremony, organised by the African Leadership Magazine. The ABLA presentation ceremony was a key highlight of the 8th ALM Africa Summit. Which took place on Tuesday, July 11, 2023. At The Dorchester Hotel, London, United Kingdom, with the theme New Opportunities for African Investments, Partnerships, and Collaborations.
The award is in recognition of her commitment and efforts toward promoting good governance, accountability, and transparency. As well as engendering reforms in treasury management, customs, and budget management in the country. As an expert in public procurement, public finance, the judiciary, and international negotiations, H.E. Rabarinirinarison has continued to address some of the challenges and impediments to the nation’s economic development and transformation.
The African Minister of the Year Speaks on Disaster Response
The frequency and intensity of climate disasters continuing to increase in recent years in Madagascar, has negative impacts on the nation’s agricultural sector and economy. The Ministry of Economy and Finance, under the leadership of H.E. Rabarinirinarison, has worked tirelessly to improve disaster and risk management (DRM). In an exclusive interview with African Leadership Magazine, the Minister added that “on the DRM side, we set up a contingency fund. That will allow us to rapidly respond to disasters and complete emergency actions.”
“Furthermore, the Ministry of Economy and Finance has an ongoing partnership with the World Bank through the FID (Development Fund for Actions). To implement the social safety nets programme to support the most vulnerable households impacted by climate disasters”, she added. “Thanks to our partners (the World Bank, AfDB, GIZ, etc.), our subscription to insurance mechanisms (such as the CAT DDO with the World Bank and the climate insurance with the African Risk Capacity) is not only a great addition to our DRM capability but also reduces the pressure on our public finances.”
African Business Leadership Awards (ABLA)
The African Business Leadership Awards (ABLA) was organised by the African Leadership Organisation, publishers of the African Leadership Magazine UK, attracting high-level business leaders and policymakers, including Lord Dolar Popat, a Member of the UK House of Lords and the British Prime Minister’s Trade Envoy to Rwanda and Uganda; Baroness Sandy Verma, Member UK House of Lords; Hon. Renganaden Padayachy, Minister of Finance, Economic Planning, and Development, Mauritius; Rindra Rabarinarison, Minister for Economy and Finance, Madagascar; Hon. Seedy Sk Nije, Deputy Speaker, National Assembly Of The Gambia; and Hon. Fonati Koffa, Deputy Speaker, House of Reps, Liberia.
Other guests at the event include His Royal Majesty, Ògíamẹ̀ Atúwàtse III CFR, Olu of Warri Kingdom, Nigeria. Olori Ògíamẹ̀ Atúwàtse III, Queen Consort of Warri Kingdom, Nigeria. Hon. Debele Kabeta Hursa, Commissioner, Ethiopian Customs Commission. Mrs. Mukwandi Chibesakunda, CEO, Zambia National Commercial Bank (ZANACO) Plc. Mohammed Bello-Koko, Managing Director/CEO, Nigerian Ports Authority (NPA). Nokuthulamolela, CEO Food and Beverages Manufacturing, South Africa. And H.E. Dr.Benedito Paulo Manuel, Director General, Sociedade de Catoca Lda, Angola; amongst others.
