AGP Executive Report
Last update: 2 hours agoInsurance Expansion: Ivorian group Atlantic Group has brought private equity firm Mediterrania Capital Partners into its insurer AFG Assurances, which operates in Madagascar and plans to double its network from seven companies to 14. The investment terms were not disclosed. Industrial Investment: Chinese steelmaker Hongwang says it is developing factories in Madagascar and other regional markets, with plans to bring in technology, capital and equipment for local production and exports. Clean Energy: The International Solar Alliance aims to mobilise $1 billion for projects across member countries over five years; Madagascar was cited among countries where its initiatives have supported solar power for schools and health facilities. Agriculture & Trade: Malagasy goat farmers are expanding herds as demand from China grows, creating a potential export opportunity.
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