AGP Executive Report
Last update: 10 hours agoOff-grid Power Investment: IFC backed CrossBoundary Access with a $10m equity injection to expand solar mini-grids and battery storage, including projects with Madagascar developer ANKA and plans to electrify more people across Nigeria and Madagascar. Electricity Access Expansion: WeLight secured $31m (IFC stake plus existing shareholders) to accelerate solar mini-grid growth, with current operations in Madagascar and Mali and a push into Nigeria. Climate & Agriculture Risk: El Niño is likely to intensify, with drought risk flagged for southern Africa and Madagascar among hotspots for the Oct 2026–Mar 2027 rainy season, threatening yields, water supplies, and food prices. Regional Aviation Carbon Push: Zambia, Zimbabwe and Madagascar joined efforts to scale CORSIA carbon credit supply via the Aviation Carbon Market Compact, aiming to meet rising aviation demand by 2027. Health & Supply Chain Pressure: A report highlights how rising fuel costs and fragile air logistics can turn treatable conditions into fatal outcomes in remote Madagascar communities. Trade & Connectivity: Kenya’s state visit to Madagascar signals renewed focus on agriculture, ICT, trade and aviation—key levers for business links and logistics.
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