AGP Executive Report
Last update: 6 hours agoRare Earths, U.S. Funding: The U.S. International Development Finance Corporation has committed up to $4.84m to Harena Rare Earths’ Ampasindava project in northern Madagascar, backing pilot-plant work, lab testing and environmental studies as Washington tries to reduce reliance on China for magnet-critical minerals. Diplomacy, Egypt–Madagascar: Egypt and Madagascar leaders signed multiple cooperation agreements after talks in El Alamein, with focus on trade, investment, agriculture, health, transport, renewable energy, water and capacity building. Trade Numbers, Egypt–Madagascar: Egypt’s statistics agency says Egypt–Madagascar trade hit $122.8m in 2025, with Egyptian exports at $109.5m and imports at $13.3m, led by milling products. Digital Connectivity: Yas Madagascar tested advanced 5G (5.5G) ahead of commercial rollout, building on its 2020 5G launch. Industrial Policy, AfDB Grant: The African Development Fund approved a $3.48m grant for Madagascar and four other countries to strengthen industrial and trade policy frameworks and support AfCFTA implementation. Skills & Jobs, Graphite Link: A special report highlights Evion’s Maniry graphite project workforce ambitions through a Madagascar-born employee’s long-term training path, from scholarships to a PhD and senior technical role.
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