AGP Executive Report
Last update: 3 hours agoFuel Market Reform in Madagascar: Madagascar is moving to end private control of petroleum imports as the first state diesel shipment for JIRAMA is due to arrive in Toamasina on 12 August, aimed at keeping power plants running during low hydropower periods. Energy Policy Shift: The government says new legislation lets it procure fuel directly, while private firms still handle parts of logistics during the transition. Rare Earths Investment: The US DFC is set to provide project development funding for Harena Rare Earths’ Ampasindava Ionic Clay project in Madagascar, supporting studies and a proof-of-concept pilot plant for rare earths used in high-performance magnets for advanced manufacturing and defense. Sovereignty & Land: Madagascar’s High Constitutional Court upheld a law allowing the state to reclaim colonial-era land still registered under foreign names as of 26 June 1960, with exemptions for diplomatic properties and already-transferred Malagasy holdings. Regional Trade Push (SADC): SADC is also working to simplify border procedures under a Simplified Trade Regime to cut costs for small-scale traders, including Madagascar.
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