Regus has consolidated its presence in Africa by opening a business centre in Madagascar - our 95th country.
The center will help businesses of all sizes access new revenues in East Africa whilst keeping down the costs of expansion.
The Madagascar opening is part of a rapid extension of Regus’s network in Africa and worldwide. In 2011 we announced we would grow our network by at least 75% by 2014, adding some 30 new countries. Africa is a key development market in Regus’s expansion: it added Uganda, Ivory Coast and Zambia in 2011, and its network of centres stretches across the continent.
The opening of the first Regus business centre in Madagascar comes as the Malagasy economy recovers from a period of political instability. Growth is predicted at 2.8% in 2012, as mining companies scale up production and tourism strengthens.
Mark Dixon, CEO of Regus, comments:
“Any business that wants to grow needs to find new markets, and Africa is an important development market for companies of all sizes. To help our customers grow, we have invested significantly in new centres in Africa – in Madagascar, Zambia, Senegal, Ghana, Tanzania and others – opening the way for businesses to explore these emerging and frontier markets. Our network of high-quality, flexible accommodation is enabling companies in all sectors to find new markets and better ways to work.”
Interesting facts about Madagascar:
- Madagascar is a biodiversity hotspot: 90% of its wildlife is found nowhere else on Earth.
- Madagascar is the largest island in Africa and the fourth largest in the world.
- Madagascar has the largest cinnamon market in Africa.
