Ivory Coast, the world’s largest cocoa producer, is facing a standoff with multinational chocolate companies over the premium it charges to improve the income of its farmers. The West African …
Economy
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Zimbabwe is facing severe food insecurity due to recurrent droughts, economic challenges, and the impact of the COVID-19 pandemic. According to the World Food Programme, more than 8.6 million people, …
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Vice President Kashim Shettima emphasized the necessity of the direct engagement of capital market stakeholders to mitigate Nigeria’s staggering $3 trillion infrastructure deficit. He advocated at the West Africa Capital …
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Economy
Global Markets React as Mixed Economic and Corporate Signals Cause Stocks and Treasury Yields to Retreat
Global markets witnessed a day of turbulence as investors grappled with a complex blend of economic and corporate indicators. The fluctuating landscape has resulted in a decline in stock markets …
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South Africa’s largest pharmacy retailer, Clicks, reported an 11.5% rise in full-year earnings on Tuesday despite facing challenges such as civil unrest, power cuts, and supply chain disruptions. The company …
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Africa is one of the fastest-growing regions for cloud computing services as more businesses and startups adopt digital technology. However, the market is still small and faces data localization and …
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The Nigerian fintech sector is booming, but so is fraud. When FinTech companies are involved, it’s becoming difficult to resolve cases without involving the Central Bank of Nigeria (CBN). According …
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As the COVID-19 crisis gripped Ghana, bringing economic activities to a standstill and threatening a severe downturn, Frontier Healthcare Services (FHS) took a stand. The company became a crucial player, …
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A tense standoff is unfolding deep beneath the earth’s surface in South Africa as miners from an unregistered rival union hold hundreds of their colleagues underground for the second day. …
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Oil prices faced a third consecutive session of decline as sluggish economic data from Europe cast shadows on energy demand prospects. Brent crude futures dropped by 2% to settle at …