AGP Executive Report
Last update: 31 minutes agoRoad Infrastructure Costs: Madagascar’s road builders are feeling the squeeze as bitumen imports shift from Gulf suppliers to Europe, adding 45–60 days to shipments and pushing prices up 40–50% on projects. Climate & Food Security: FAO and WFP launched a US$202m anticipatory appeal for El Niño, warning hunger could worsen in 13 hotspots (including Madagascar) between June and November 2026 as conflict, funding cuts, and weather shocks bite. Weather Forecasting Upgrade: China donated meteorological and IT equipment to Madagascar to boost weather forecasting, climate monitoring, and early warning for disasters. Energy Investment: AXIAN Energy secured a $60m financing facility to expand renewable power across Africa, supporting new clean-energy infrastructure demand. Ocean Governance: Global Fishing Watch backed fisheries transparency, including a new partnership with Madagascar to publicly share vessel tracking data. Russia–Madagascar Ties: Russian FM Lavrov met Madagascar’s FM Alice N’Diaye in Moscow, highlighting cooperation in energy, agriculture, infrastructure, mining, and education, with Russia-Africa Summit plans also set to discuss independent payment systems.
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