AGP Executive Report
Last update: 6 hours agoEnergy and Russia: Madagascar’s government has authorised state utility Jirama to buy 18 diesel generators directly from Russia’s Malmekhservice, bypassing normal tender rules. The deal’s cost and capacity were not disclosed. Moscow has expanded ties since the October 2025 coup, including military support for President Michael Randrianirina. Investment: Gemcorp and the Fonds Souverain Malagasy have announced a partnership to support investment, with separate reports pointing to a $5 billion push in energy and mining. The UK is also backing clean-energy projects in Madagascar and seven other African countries. Public Health: At least 183 people were hospitalised after suspected food poisoning at a company in Antananarivo. The government is covering medical costs as investigators test samples from the canteen meal suspected to be the source. Climate Risk: Southern Madagascar is bracing for a strengthening El Niño, with drought concerns mounting in a region already scarred by famine. The WMO expects the event to intensify through December and persist into February.
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