AGP Executive Report
Last update: 6 hours agoDiplomatic & Trade Links: Madagascar’s newly appointed ambassador to Moscow, Ny Hasina Andriamanjato, presented credentials to Russian Deputy Foreign Minister Georgy Borisenko, with both sides stressing expanded cooperation in trade, economic ties, investment, and preparations for the Russia–Africa Summit in October. Energy & Investment: IFC-backed CrossBoundary Access secured a $10m equity investment from IFC Bank, pointing to continued capital flows into African market access and growth. Climate Finance Pressure: The World Bank’s climate lending plan target has expired, with fears that climate funding momentum could slow even as the bank shifts focus toward project “results.” Environment & Risk: Global tropical primary rainforest loss fell 36% in 2025, but climate-driven fires remain a major threat as extreme conditions loom. Tax Administration: WATAF urged more investment in taxpayer education to boost trust and voluntary compliance, not just enforcement. Market Watch: Coloured gemstones prices rose about 20% as demand for gemstone jewellery (including stones imported from Africa and Madagascar) surged. Regional Business Shock: Clothing factory owners warned of collapse risk as immigrant workers leave amid xenophobic violence.
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