AGP Executive Report
Last update: 10 hours agoNickel & cobalt restart: Ambatovy in Madagascar has resumed nickel and cobalt production after Cyclone Gezani damage, bringing its sulfuric acid plant and HPAL circuits back online and targeting stable run rates by end-June. Renewables concept: A “Baobab Waterfall” floating ocean-powered project is pitched for Madagascar’s coast, aiming to turn energy shortages into large-scale renewable electricity. Solar jobs: Women solar technicians, trained via Barefoot College with WWF support, are expanding rural electricity access across Madagascar—boosting household power in one village to nearly 79%. Trade & investment: The EU and ESA states including Madagascar concluded talks on an enhanced Economic Partnership Agreement, designed to deepen services and investment links. Food supply: Russia resumed wheat shipments to Madagascar, sending over 30,000 tonnes worth $7m in the first five months of 2026. Critical minerals strategy: Evion’s graphite and fluorspar push links Madagascar into an ex-China critical minerals plan, while Mozambique’s new mining law signals wider regional moves toward local processing. Energy security context: A study warns emerging markets may see inflation shift from fuel to food as fertiliser and transport costs rise.
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