AGP Executive Report
Last update: 6 hours agoRare Earths & US Support: The US Development Finance Corporation will commit up to $4.8m to Madagascar’s Ampasindava rare-earths project, aimed at producing magnet materials and reducing China’s dominance in critical minerals. Transport & Connectivity: Madagascar and Comoros have restored direct flights after a four-year hiatus, with Madagascar Airlines operating twice weekly between Antananarivo, Mahajanga and Moroni to boost tourism and trade. Road Infrastructure: Construction has started on a $28m Antananarivo road interchange in Anosizato, financed by BADEA, including cloverleaf ramps, bridge works and road widening to cut key journey times from about an hour to 10–15 minutes. US Visa Policy Shift: The US has ended routine visa processing in Eswatini, sending applicants to a regional hub in Johannesburg, part of a wider Africa-wide consular overhaul. Trade & Investment Diplomacy: Egypt and Madagascar agreed in Cairo to strengthen cooperation across trade, investment, agriculture, healthcare, energy, water resources and tourism, with multiple agreements signed. Business Spotlight: Malagasy Vanilla is selling direct to consumers across 14 European markets via Temu’s Local Seller Program, after logistics costs fell and sales surged.
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