Critical Minerals & Investment: Evion says its India graphite processing JV (Panthera Graphite Technologies) generated US$530k EBITDA in its first year of commercial production, even while running at under 25% capacity, and is now ramping toward targeted annual EBITDA of US$5.8m. Diplomacy & Trade Facilitation: Indonesia and Madagascar signed an MoU to set up a Joint Commission for Bilateral Cooperation (JCBC) and agreed visa exemptions for diplomatic and service passport holders, with talks to extend travel facilitation to business communities. Energy/Geopolitics & Risk: S&P warns the Iran war and Strait of Hormuz disruptions could drive fuel and fertilizer shocks across Africa, with Madagascar flagged as among the highest-risk import-dependent economies for food and credit stress. Shipping & Sanctions: France intercepted the sanctioned Russian-linked tanker Tagor in the Atlantic, with reporting that it switched maritime identifiers mid-voyage and was tracked under a Madagascar flag. Connectivity & Digital Economy: Airtel Madagascar and Eutelsat OneWeb are expanding satellite-powered broadband to remote regions, aiming to blend satellite, fibre and 4G for more resilient internet access. Regional Fisheries Governance: SADC reappointed Stanley Ndara to chair the regional fisheries monitoring control and surveillance centre board, keeping momentum on tackling illegal fishing and rolling out a regional register of fishing vessels. Food Supply Chain: United Cargo is moving hundreds of tons of vanilla from Madagascar and Mauritius to global markets via Paris and US flights, supporting temperature-sensitive logistics.