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.
News
-
-
Cape Town, South Africa – A wave of violence ripped through Cape Town’s Khayelitsha township early Wednesday morning, leaving eight people dead in a series of shootings. South African authorities …
-
Ghana’s negotiations to restructure $13 billion in international bonds falter as IMF deems proposed terms inadequate for long-term debt sustainability.
-
Acre Impact Capital secures $100 million to finance climate-aligned infrastructure projects in Africa, targeting renewable energy, health, and water systems development.
-
On Zimbabwe’s 44th Independence Day, war veterans lament the lack of progress and unkept promises regarding the construction of memorial hospitals dedicated to their service.
-
The South African rand extends its losses as risk sentiment deteriorates, reflecting broader concerns in global markets. Investors exhibit caution amidst geopolitical tensions and economic uncertainty, exerting downward pressure on …
-
In a recurring standoff in British politics, the House of Lords has once again halted Prime Minister Rishi Sunak’s controversial plan to deport asylum seekers to Rwanda. Despite previous rejections, …
-
Volkswagen is making a significant investment in its South African manufacturing operations, injecting $210 million into its Eastern Cape plant. This move will prepare the facility for the production of …
-
Nigerian families face hardship as food prices surge, putting strain on budgets and affecting daily meals. Economic interventions fall short.
-
Tanzania and Rwanda join Kenya, Nigeria, and South Africa in recalling a batch of Johnson & Johnson children’s cough syrup.