Courtesy of The Financial Times, an article on Africa’s agricultural potential: An hour away from the medina of Marrakech and its throngs of tourists, plains of semi-desert stretch across the horizon. Here, at the Benguerir mine, huge diggers bore into the ochre earth to reach the phosphate rock beneath, a resource that could help shape […]
Read more »Via The Guardian, a look at how poor harvests in extreme weather conditions have led to a tripling of cocoa prices – but farmers have seen no benefit: Around the world this holiday weekend, people will consume hundreds of millions of Easter eggs and bunnies, as part of an annual chocolate intake that can exceed […]
Read more »Courtesy of The Financial Times, a look at how speculation, climate change and under-investment are combining to push up the price of the confection: With Easter less than a month away, sweet-toothed consumers in Europe and North America are beginning to turn their thoughts towards chocolate. In the UK alone, tens of millions of milk […]
Read more »Courtesy of Nikkei Asia, an article on Vietnam’s VinFast, one of the few international EV businesses to target Africa, which recently announced plans for Ghana within weeks of making deals in five other countries, from Oman to Indonesia: VinFast has enlisted a company in Ghana to distribute its electric vehicles, offering the Vietnamese manufacturer a […]
Read more »Via Bloomberg, an article on increasing investment interest in West Africa: West Africa eurobonds on average saw better returns than peers China investment to region has surpassed East, Southern Africa Investors in West African countries are enjoying the best returns on the continent, and are shifting money flows to a region that’s performed well despite […]
Read more »Via Semafor, a report on Ghana’s ambitions to develop a local iron ore processing capability: Ghana aims to process its iron ore locally by 2027 for steel production to boost economic growth, a government document seen by Semafor Africa shows. It is part of a continent-wide push to add more value to natural resources at […]
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