AGP Executive Report
Last update: 7 hours agoInvestment Strategy: Madagascar’s sovereign wealth fund and Gemcorp signed a partnership to help develop strategic projects in mining, energy and infrastructure. The government and fund will set priorities, while Gemcorp helps structure projects and connect them with international capital. Food Security: Southern Madagascar is already facing hunger as El Niño raises drought risks. Aid cuts and inflation are adding pressure in a region still scarred by the 2021–22 famine. Public Finance: The IMF approved a $155 million payout to Madagascar, adding fresh support for the government’s finances. Energy Development: Madagascar also signed an agreement for the 120-megawatt Volobe Amont hydro plant, a step toward expanding power generation.
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