• France takes control of Madagascar and makes it a protectorate.

  • Madagascar becomes an overseas territory of France.

  • Madagascar becomes an independent nation.

  • The country is renamed the Democratic Republic of Madagascar. 

  • The International Monetary Fund writes off $2 billion of Madagascar's debt, which is approximately half of the country's total debt.

  • Madagascar is the first country to receive US development aid after the country was able to meet Washington's requirements of promoting democracy and market reforms.

  • Government opens a $3.3 billion nickel cobalt mining project in Tamatave.

  • Cyclone Ivan hits the island, leaving more that 300,000 people homeless and killing 93 people. Barrels of crude oil are produced for the first time in 60 years.


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