Most Recent World News

AfDB Strategize to Strenghten Cassava Industrialization

The African Development Bank (AfDB) in its quest to encourage the production of crops with high potential for industrialization of agriculture in Africa, has intensified its financing of cassava production..

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South Africa to Review MPRDA Laws

South Africa has decided to review laws of the Mineral and Petroleum Resources Development Act, MPRDA, with the aim of bringing in more investors. Amended laws are expected to be passed.

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CBN Boosts Naira, Inject $250mln into FX Market

The Nigerian Naira gains momentum as the sum of $250 million was injected into various segments of the interbank foreign exchange market on Tuesday by the Central Bank of Nigeria.

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Rosgeo Signs $400mln Gas Drilling Deal with South Africa’s PetroSA

Russian exploration company, Rosgeo on Monday at a meeting in Xiamen, China, signed a $400 million gas drilling deal with PetroSA, a South African oil company, to help in sustaining.

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BREAKING: South Africa Officially Out of Recession

South Africa – The largest economy in Africa has officially climbed out of the effect two quarters of contraction which led to a recession in June this year. According to a report.

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China Begins $5.8 Billion Hydropower Plant Project In Nigeria

All is now set to commence the building of a new hydropower station by the China Civil Engineering Corporation in the eastern Mambilla region of Nigeria. The project worth $5.8.

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Zambia: Glencore MCM Contests Increase in Electricity Tariffs

Zambian President Edgar Lungu has told Glencore’s Mopani Copper Mines (MCM) unit to accept the increase in the price of electricity caused by the removal of state energy subsidies, his.

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“Africa Holds Greatest Agricultural Potential” – Holsether

Africa holds 65% world’s arable land, 10% fresh water – UNEP (United Nations Environment Programme) Also, Svein Tore Holsether, President, and Chief Executive Officer of Yara International and agro-allied company.

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Madagascar: Vanilla Beans Breeds Lucrative Environment

Madagascar records an increase in the vanilla beans as well as the demand for the product. Madagascar produces 80% of the world’s vanilla, but demand has outstripped supply. Speculation has.

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Nigerian Startup Invests $135 Million in Commodities Exchange  

  A Nigerian startup has taken advantage of the government’s effort to boost farming output to reduce reliance on oil by developing the first agricultural commodities exchange in Nigeria. The.

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