AGP Executive Report
Last update: 6 hours agoRare Earths Finance: Harena Rare Earths says it has secured a US$5m project funding facility from the U.S. DFC for its Madagascar rare-earths project, positioning it for faster progress toward production. Mining Ownership: Terra Group completed its acquisition of full ownership of Pan African Mining Corporation (PAMC), which holds mining assets in Madagascar focused on gold and coal. Airline Turnaround: Madagascar Airlines (MD) confirmed it will complete its phased return to the Air Madagascar brand by Oct 31, 2026, alongside operational and financial restructuring. Tourism Push: Emirates signed/renewed seven tourism board deals at ATM 2026, including a new partnership with Madagascar’s Ministry of Tourism and Handicrafts aimed at supporting the country’s 1m visitors by 2028 target. Telecom Identity: Axian Telecom officially rebrands as Yas Group, consolidating its telecom, digital infrastructure and fintech operations across multiple African markets, including Madagascar. Visa/Travel Policy: The U.S. resumed visa processing for cases affected by earlier pauses, including for nationals from 25 African countries.
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