AGP Executive Report
Last update: 6 hours agoPower Supply: Madagascar has authorised Jirama to bypass tenders and buy 18 diesel generators directly from Russian supplier Malmekhservice, as the cash-strapped utility struggles with chronic outages; the deal’s cost and generator capacity were not disclosed. Mining Investment: Gemcorp and Madagascar’s sovereign wealth fund have announced a strategic partnership to support investment in energy and mining, with plans to raise $5 billion. Critical Minerals: Madagascar is among five countries selected for a UN support programme offering policy, legal and regulatory advice to help mineral producers capture more value at home. Clean Energy: UK-backed funding for projects across eight African countries includes Madagascar, supporting solutions such as solar cold storage, hospital power and mini-grids. Agriculture: The government and coffee producers are working to revive Madagascar’s once-prominent coffee sector, which produced up to 62,000 tonnes of cherries a year at its peak. The strengthening El Niño also raises risks of drought and crop stress in the south.
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