AGP Executive Report
Last update: 7 hours agoRare-Earth Push: The U.S. State Department says it is backing Madagascar’s Ampasindava rare-earth project to diversify critical minerals supply chains away from China, with the U.S. International Development Finance Corporation committing up to $4.84m for pilot plant work, lab testing and environmental programmes. Mining & Processing Readiness: The project, led by London-listed Harena Rare Earths (about $150m), is now focused on permits and evaluating processing options in the U.S. and Europe—an early step before larger funding. Regional Industry Agenda: Separately, SADC leaders in Durban renewed calls to stop exporting raw minerals and agricultural goods and instead process them inside the region, warning slow integration is holding back jobs and investment. Trade & Value Chains: In parallel, South Africa and Zimbabwe used their bi-national commission to stress implementation and tackle trade imbalance, including expanding production and exports of goods made from natural resources. Madagascar Culture & Skills: The Madagascar Film Festival opened in Antananarivo, with screenings across regions and training tracks on smartphone filmmaking, animation, streaming, and production financing.
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