when was madagascar founded and who founded it??
Madagascar Founded By Women The discovery negates a prior theory about how the island was first found. Madagascar was first settled and founded by approximately 30 women, mostly of Indonesian descent, who may have sailed off course in a wayward vessel 1200 years ago. The discovery negates a prior theory that a large, planned settlement process took place on the island of Madagascar, located off the east coast of Africa. Traditionally it was thought to have been settled by Indonesian traders moving along the coasts of the Indian Ocean.
Central Bank of Madagascar The Central Bank of Madagascar (BCM) was founded on June 12, 1973 by ordinance No. 73-025. This ordinance was repealed and replaced by the amended Act No. 94-004 of June 10, 1994, which defines the statutes of the BCM and devotes its independence in monetary policy.