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Soybean futures at the CBOT closed lower due to falling corn prices and escalating trade tensions. The May soybean contract settled at $10.11-1/2 per bushel, while soymeal and soyoil also …
CBOT Soybean Futures Decline Amid Trade Concerns and Brazilian Harvest Read More
The Financial Regulatory Authority of Egypt has approved new rules for the Settlement Guarantee Fund to enhance stability in capital markets. The rules include increased resources and a structured approach …
FRA Approves Enhanced Guidelines for Egypt’s Settlement Guarantee Fund Read More
Quimbaya Gold Inc. has commenced a 4,000-meter drilling campaign at its Tahami South property, adjacent to Aris Mining’s Segovia project. This initiative is in collaboration with Independence Drilling S.A. and …
Quimbaya Gold Begins 4,000-Meter Drilling Campaign in Colombia Read More
The Central Bank of Egypt reported a net foreign asset surplus of $5.95 billion in November 2024, a decrease from $9.2 billion in October. This reflects a continued recovery trend …
Egypt’s Banking Sector Reports $5.95 Billion Net Foreign Asset Surplus in November 2024 Read More
Coffee prices are rising due to below-normal rainfall in Brazil, affecting crop yields. The reduction in coffee supplies has led to an increase in prices, with shrinking inventories and a …
Impact of Below-Normal Rain in Brazil on Coffee Prices Read More
Ghana’s Central Bank has halted its gold-for-oil program to stabilize the cedi amidst economic fluctuations. Governor Johnson Asiama aims to reinforce monetary policy and fiscal discipline to ensure foreign exchange …
Ghana Halts Gold-for-Oil Program to Stabilize Cedi and Economy Read More
Brazil’s coffee industry is in crisis due to dwindling stockpiles caused by drought, leading to record-high prices for arabica and robusta beans. Major cooperatives report significant reductions in harvested bags, …
Brazil’s Coffee Crisis: Dwindling Stockpiles and Rising Prices Read More
Canacol Energy Ltd.’s bonds are underperforming amid fears of reduced production, highlighted by a 25% output decline since January. Analysts have expressed concern over the company’s lack of communication following …
Investors Retract from Canacol Bonds Amid Production Concerns in Colombia Read More
Nava Limited’s Zambian subsidiary received an exploration license extension, increasing its area from 4,358.8 Ha to 7,566.2614 Ha. The company also announced an equity buyback for 7.2 million shares at …
Nava Limited Expands Exploration License and Initiates Share Buyback Plan Read More
MTN Ghana reported a 34.5% revenue increase for 2024, driven by rises in subscribers and MoMo users. Mobile subscribers grew by 6.5% to 28.5 million, and active MoMo users rose …
MTN Ghana Achieves 34.5% Revenue Growth in 2024 Amid Economic Challenges Read More