AGP Executive Report
Last update: 9 hours agoCritical Minerals Finance: Harena Rare Earths says it has secured a US$5m project funding facility from the U.S. International Development Finance Corporation (DFC) for its flagship Madagascar rare-earths project, positioning it for faster progress toward commercial production. Mining Ownership Shift: Terra Group completed full ownership of Pan African Mining Corporation (PAMC), whose Madagascar subsidiaries hold gold and coal assets, with plans to invest toward production and long-term operations. Telecom Branding Move: AXIAN Telecom has renamed itself Yas Group, consolidating its telecom, infrastructure and fintech identity under one corporate brand while keeping operating names for customers. Textiles & Jobs Push: Afreximbank’s African Textile Renaissance Plan targets turning cotton into finished textile and garment exports, aiming for major job creation and reduced reliance on raw-fibre exports. Tourism Dealmaking: Emirates signed/renewed multiple tourism board partnerships, including a Madagascar Ministry of Tourism and Handicrafts agreement aimed at boosting visitor numbers through joint marketing and incentives. Cyclone Resilience & Conservation: A report revisits how Cyclone Gezani disrupted communities and fragile ecosystems in Madagascar, including the knock-on effects for endangered species and conservation operations. Science for Local Capacity: Coverage highlights South-South sci-tech cooperation models that build local know-how, with lessons relevant to Madagascar’s development and skills-building goals.
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