AGP Executive Report
Last update: 6 hours agoPower Supply: Madagascar has authorised Jirama to buy 18 diesel generators directly from Russian supplier Malmekhservice, bypassing normal tender rules. The deal comes as chronic outages and financial strain continue to trouble the utility. Coffee Revival: The government and growers are trying to rebuild Madagascar’s once-prominent coffee sector, with biotechnology among the approaches being explored. Clean Energy: A UK-backed fund is supporting 10 projects across eight African countries, including Madagascar, to scale alternatives to diesel power for businesses and essential services. Investment: Gemcorp and Madagascar’s sovereign wealth fund have announced a partnership to support investment, as the country pursues a broader $5 billion energy and mining drive. Agriculture Risks: Southern Madagascar is bracing for worsening drought as El Niño strengthens, raising fresh concerns for farming and food security.
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