AGP Executive Report
Last update: 10 hours agoMining: Madagascar has formalised Harena Rare Earths’ exploitation permit for the Ampasindava project. The company still needs environmental approval before construction; a pilot plant is backed by US$4.84 million in US development finance. Trade: The country has opened a safeguard investigation into certain confectionery imports, giving interested parties 30 days to register and submit views. Energy: A state utility can bypass bidding rules to buy generators from Russia, as Madagascar deepens energy ties with Moscow. Investment: Gemcorp and the Fonds Souverain Malagasy have announced a strategic partnership to support investment in the country. Agriculture: Researchers are exploring whether biotechnology can help revive Madagascar’s coffee industry, while famine-hit southern regions face renewed drought risks from El Niño. Online fraud: A US-led crackdown on scam networks linked to Madagascar reported arrests, asset seizures and the rescue of trafficked workers across Africa.
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