AGP Executive Report
Last update: 11 hours agoCritical Minerals Finance: Harena Rare Earths says it has secured a US$5M project funding facility from the U.S. DFC for its flagship rare earths project in Madagascar, positioning the ionic clay deposit for faster progress toward production. Telecom & Infrastructure Branding: AXIAN Telecom has renamed itself Yas Group, consolidating its pan-African telecom, digital infrastructure and fintech under one corporate identity—after earlier Yas branding for its mobile networks. Mining Ownership Move: Terra Group completed its acquisition of full ownership of Pan African Mining Corporation, which holds Madagascar gold and coal mining assets through PAMM, PAMA and PAMS. Tourism Dealmaking: Emirates’ ATM 2026 push included a partnership with Madagascar’s Ministry of Tourism and Handicrafts to support a drive toward one million visitors by 2028. Textiles & Jobs Angle: A new cotton-to-textiles push led by Afreximbank targets industrialization across Africa, aiming to create 500,000 jobs and shift value from raw fibre exports. Disaster Resilience: Coverage of Cyclone Gezani highlights how Madagascar’s storms hit both people and fragile ecosystems, stressing the need for stronger conservation and local response capacity.
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