Ghana’s cocoa regulator, COCOBOD, plans to secure up to $1.5 billion to finance 2024/25 cocoa purchases, addressing the shortfall in production.
Economy
-
-
Amid allegations of election fraud and protests, Comoros President Azali Assoumani was sworn in for a fourth term, pledging to unify the nation and stimulate economic growth.
-
Unveiling new trade talks and major technology investments, the US and Kenya bolster their strategic economic partnerships.
-
During his state visit, Kenyan President William Ruto and U.S. President Joe Biden pledged to deepen democratic values and expand economic and security collaborations.
-
In South Africa’s rural areas, the generational divide challenges the ANC’s dominance as voters, particularly the youth, demand significant socio-economic improvements.
-
Following its merger with Engen, Vivo Energy announces a $550 million investment in South Africa, aiming to enhance green energy and infrastructure.
-
The DRC reignites a dispute with Apple, alleging the tech giant sources minerals from war-torn regions. Whistleblower claims and ongoing conflict raise concerns about Apple’s supply chain ethics.
-
Amid rising global costs, RFG Holdings reports a 20.4% earnings increase, leveraging strategic pricing and operational efficiencies in a challenging market.
-
African leaders strategize on diversifying economies away from commodity-dependence to foster stability and sustainable development amid global economic shifts.
-
Amid escalating tensions, Egypt pledges to employ every possible scenario to safeguard its national security and uphold the rights of Palestinians.