An elite military unit says it has seized power in Madagascar from President Andry Rajoelina following weeks of youth-led protests in the Indian Ocean island.

Standing outside the Presidential Palace, CAPSAT chief Col Michael Randrianirina stated that the military would form a new government and hold elections within two years while suspending key democratic institutions, including the electoral commission. He noted that Gen Z protesters would play a role in the changes as the movement was created in the streets so we have to respect their demands. The takeover has resulted in celebrations among troops and protesters, with thousands rallying in the capital, Antananarivo.

Despite these developments, Madagascar's constitutional court has declared Col Randrianirina as the new leader, while a statement from Rajoelina's office claims he remains in charge, labeling the incident an attempted coup d'etat. Rajoelina has stated he is in a safe place after alleging an attempt on his life, which the military denies. Unconfirmed reports suggest he may have been evacuated on a French military aircraft.

The unrest began over two weeks ago, fueled by youth protests against chronic water and power outages. The demonstrations quickly escalated to showcase broader discontent with Rajoelina's administration amidst high unemployment and rampant corruption.

In the wake of the protests, collateral damage has included at least 22 deaths and over 100 injuries, although the government disputes these figures. Amid the widespread dissatisfaction, the CAPSAT, which supported Rajoelina's rise to power in 2009, joined protesters last Saturday.

Once viewed as a beacon of hope for Madagascar's youth, Rajoelina's tenure has come under severe scrutiny due to allegations of cronyism, corruption, and a public perception of negligence towards dire socioeconomic issues. The African Union (AU) has cautioned against military interference in the nation’s governance, reflecting concerns about the implications of this power acquisition in a country where more than 75% live below the poverty line.