As cocoa prices hit $10,000 per ton, West African farmers are rapidly switching crops to capitalize on the global chocolate crisis, affecting prices worldwide.
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Ghana’s negotiations to restructure $13 billion in international bonds falter as IMF deems proposed terms inadequate for long-term debt sustainability.
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Acre Impact Capital secures $100 million to finance climate-aligned infrastructure projects in Africa, targeting renewable energy, health, and water systems development.
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OPEC explores Namibia’s oil potential, aiming for strategic cooperation.
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Health regulator recalls Johnson & Johnson cough syrup amid toxicity fears.
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Nigeria pioneers new Men5CV vaccine, a game-changer in meningitis prevention.
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Sibanye Stillwater announces restructuring, potentially cutting 4,000 jobs in South Africa.
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Sibanye Stillwater mulls over $500 million prepayment deals for financial stability.
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IMF’s agreement unlocks $574 million for Ivory Coast’s economic development.
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Uganda’s forex reserves fell by 12% due to debt payments, raising concerns about economic stability. The Bank of Uganda warns of fragile balance of payments.