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Cobalt prices soared due to supply concerns following the DRC export ban. ERG declared force majeure on cobalt deliveries as the government suspended exports for four months to manage oversupply. …
Cobalt Prices Surge Amid DRC Export Ban and Supply Concerns Read More
Nigeria is seeking to bolster its cocoa production in response to soaring global prices, aiming for significant growth as it grapples with challenges posed by smallholder farming and environmental practices. …
Nigeria Aims to Capitalize on Rising Cocoa Prices and Expand Production Read More
The Trump administration is preparing to pressure more companies to halt operations in Venezuela after ordering Chevron to cease its activities. This would significantly impact Venezuela’s economy, which relies heavily …
US Administration to Increase Pressure on Companies Operating in Venezuela Read More
Ghana’s economy grew only 3.6% in Q4 2024, a decline from 7.2% in Q3, due to stagnation in industrial activity and a 21.4% drop in cocoa production. This slowdown poses …
Ghana’s Economic Growth Slows as Cocoa Sector Declines Read More
Brazil’s CONAB is set to receive an additional R$350 million to enhance food reserves as part of a strategy to combat food inflation. The budget for stockpiling could reach R$539.9 …
Brazil’s Strategic Investment in Food Reserves Amid Rising Prices Read More
Egypt’s inflation decreased to 12.8% in February from 24.0% in January, exceeding analysts’ expectations due to base effects. Month-on-month prices rose by 1.4%, with food and beverage prices up by …
Egypt’s Inflation Rate Declines to 12.8% in February 2023 Read More
Transnational Corporation Nigeria reported a 189% profit increase, reaching N94.08 billion in 2024. Revenue doubled to N407.91 billion, driven by robust sector growth. The company also declared a dividend of …
Transcorp Nigeria Reports Significant Profit Surge and Robust Growth Read More
Cora Gold shares increased by 33% after the Malian government partially lifted a moratorium on mining permits. Effective 15 March, applications for permit renewals and transitions will be processed, although …
Cora Gold Shares Surge 33% Following Mali Government’s Partial Lift of Mining Moratorium Read More
Nigeria’s Economic and Financial Crimes Commission (EFCC) recovered nearly $500 million in the past year and recorded over 4,000 criminal convictions, the highest since its inception. This money is partially …
Nigeria’s EFCC Recovers Nearly $500 Million in Anti-Corruption Efforts Read More
Cora Gold Limited reports that Mali will partially lift its mining permit moratorium on March 15, 2025. This decision is expected to advance Cora’s Sanankoro Gold Project and promote economic …
Cora Gold Welcomes Mali’s Partial Lifting of Mining Moratorium Read More