AGP Executive Report
Last update: 2 hours agoIndustrial Investment: Chinese steelmaker Hongwang says it is developing factories in Madagascar, part of plans to transfer technology, capital and equipment to African markets. Energy: The International Solar Alliance aims to mobilise $1 billion over five years; its initiatives in Madagascar have used solar power for schools and healthcare facilities. Financial Services: Private equity firm Mediterrania Capital has invested in Atlantic Group’s AFG Assurances, which operates in Madagascar and plans to expand from seven insurers to 14 across French-speaking Africa. Agriculture: Russia and Madagascar signed a cooperation memorandum, while Madagascar’s prized wild pepper faces growing pressure as forests shrink.
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