AGP Executive Report
Last update: 5 hours agoAfreximbank Leadership: Afreximbank appointed Peter Adeshola Olowononi as Director of Regional Operations for Southern Africa, effective May 1, taking over from Humphrey Nwugo; the Southern Africa region includes Madagascar and the regional office sits in Zimbabwe. Clean Cooking Access: A new IEA report warns sub-Saharan Africa could miss clean cooking targets, with nearly 970 million people lacking clean fuels in 2024 and numbers rising to over 1 billion by 2027—an urgent health and environment issue for the region. Textile Industry: ITM 2026 (with HIGHTEX 2026) wrapped in Istanbul with 1,000+ exhibitors from 59 countries and 48,257 professional visitors across 105 countries, underlining strong demand for textile machinery and technical textiles. Madagascar-Related Diplomacy: Kenya’s President William Ruto arrived in Madagascar for the 66th Independence Day, with talks expected on agriculture, ICT, trade and aviation. Mining & Local Impacts: In Anosy, community representatives renewed pressure on Rio Tinto/QMM, saying promises haven’t translated into measurable local benefits like jobs, market access, and environmental improvements. Climate Risk for Agriculture: Southern Africa, including Madagascar, is flagged for heightened drought risk as El Niño conditions are likely to develop and persist into late 2026.
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