AGP Executive Report
Last update: 9 hours agoRare-Earth Push: The U.S. State Department says it is backing Madagascar’s Ampasindava rare-earth project, with the U.S. International Development Finance Corporation committing up to $4.84m for pilot plant work, lab testing and environmental programmes—part of Washington’s bid to build alternatives to China-dominated critical minerals. Regional Industrialisation: At the 46th SADC summit in Durban, leaders urged a shift away from exporting raw minerals and agricultural goods toward local processing and industrial value chains, warning that slow integration is costing jobs and investment. Trade Imbalance Talks: South Africa’s President Ramaphosa told the South Africa–Zimbabwe Bi-National Commission that trade is heavily imbalanced, calling for more use of the African Continental Free Trade Area and expanded manufacturing from natural resources. Maritime Security: The U.S. Coast Guard kept Madagascar on its port security advisory list, meaning extra security requirements may apply to ships calling at affected ports before entering the U.S. Film & Skills: Madagascar Film Festival opened in Antananarivo, with screenings plus training on smartphone filmmaking, animation, streaming and film financing.
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