West Africa
Cocoa prices climb to new record high, prompting fresh warnings about extreme volatility
A general view of cocoa pods on a tree, in Ebebda, on November 30, 2024 . Cocoa is one of Cameroon’s key export products. Daniel Beloumou Olomo | Afp | Getty Images The price of chocolate’s key ingredient has skyrocketed this year, prompting analysts to issue fresh warnings about extreme price volatility. Cocoa futures for […]
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Coup nations threaten to quit West Africa bloc: Here’s what it suggests for the location — and Russia
ACCRA, Ghana – ECOWAS flag with member flags at the second remarkable summit on the political condition in Burkina Faso, in Accra, Ghana, on February 3, 2022. Photo by NIPAH DENNIS/AFP via Getty Illustrations or photos Three West African international locations at the moment below the rule of army juntas have announced options to exit […]
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Mars, accused of working with baby labor in its source chain, states it aims to finish the apply
Element of a not too long ago opened cocoa pod in Asikasu on Dec. 19, 2020. Cristina Aldehuela | Afp | Getty Photographs Candy large Mars claimed it aims to conclude the use of child labor in its provide chain following CBS Information documented that small children in Ghana are harvesting the cocoa that finds […]
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African ambassador criticizes IMF, Earth Bank for not supplying more than enough loans
Yellow taxi cabs travel down a street in Senegal’s money city of Dakar on Sept. 6, 2023. John Wessels | Afp | Getty Images BEIJING — An ambassador of an African country to China has criticized the Global Monetary Fund and the Globe Lender for restrictive lending insurance policies. “The problem is that the ratings […]
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Cocoa farmers encounter mounting worries as El Nino rages on
A girl spreads cocoa beans during the sunshine-drying method in the backyard of her home in Asikasu, Ghana on December 19, 2020. Cristina Aldehuela | Afp | Getty Photographs El Nino is right here to stay — and that is bad news for cocoa crops which are remarkably delicate to climate modifications. Repeated extreme temperature […]
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Cocaine generation is at its maximum amount on history, UN claims
Cocaine creation is at its highest level on document, with desire rebounding put up-pandemic and new trafficking hubs emerging, a report from the United Nations Business office on Medications and Criminal offense found. The U.N.’s International Report on Cocaine 2023 claims new hubs for trafficking in the multibillion dollar field have emerged in West and […]
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Jack Dorsey’s Block backs bitcoin mining company that desires to carry 25-cent electric power to rural Africa
The three co-founders of Gridless at 1 of their mining sites in Kenya. Erik Hersman ACCRA, GHANA — Up right up until February, Janet Maingi did not feel substantially about bitcoin. Born and lifted in the Kenyan money of Nairobi, Maingi experienced as an alternative used far more than 20 several years concentrated on attempting […]
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