AGP Executive Report
Last update: 2 hours agoSolar Investment: India secured a third term as International Solar Alliance president, with the alliance targeting $1 billion in financing and 3GW of renewable projects over five years. Its Africa Solar Facility aims to widen affordable solar access, while ISA-backed projects in Madagascar have supported power for schools and health facilities. Manufacturing: China’s Hongwang New Materials says it is developing factories in Madagascar and other regional markets, with plans to transfer equipment, capital and technology and produce goods for local use and export. Financial Services: Private equity firm Mediterrania Capital Partners 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 & Food Security: WFP says 1.14 million people in southern Madagascar need emergency food assistance; FAO also flags a growing Rift Valley fever risk in the island’s north. Forest loss is putting Madagascar’s prized wild pepper at risk.
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