Feb. 1 (Bloomberg) -- South African Development Community mediators in Madagascar proposed Andry Rajoelina be recognized as president of an interim government until elections this year, almost two years after he seized power with the help of the army. The proposal is made in a document given to political parties in the Indian Ocean island nation today, said Mamy Rakotoarivelo, acting head of the TIM opposition party of former President Marc Ravalomanana. This follows a monthlong visit by SADC mediators to the country. “For us this is a legitimization of the coup d’etat,” Rakotoarivelo said by phone from the capital, Antananarivo. “We are giving all the power to Andry Rajoelina, who was never elected, and making him President.” SADC, which groups 15 southern African countries, suspended Madagascar in 2009 after Rajoelina, then the mayor of Antananarivo, ousted Ravalomanana with the help of the military. The African Union also suspended the country and donors, which financed about...