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The RSF in Sudan controls the supply of gum arabic vital to Coca-Cola and Pepsi. Businesses face extortion to transport this ingredient amid a devastating civil war, contributing to a …
RSF Control Over Key Ingredient Impacts Coca-Cola and Pepsi in Sudan Read More
Qatar condemned Israel’s military actions in Gaza, resulting in over 400 deaths, warning that such actions could destabilize the region. Israel’s Foreign Minister stated the country had no option but …
Qatar Urges Stability as Israeli Strikes in Gaza Escalate Hostility Read More
South Africa’s power-cut losses fell by 83% last year due to supply stabilization, with economic losses from outages decreasing significantly. Eskom’s improved maintenance of coal-fired plants contributed to this decline, …
South Africa’s Power-Cut Losses Plummet 83% as Supply Stabilizes Read More
The Elandsfontein phosphate mine in South Africa is facing a lawsuit from the WWF regarding environmental concerns. The lawsuit challenges the Environment Minister’s rejection of appeals against an offset exemption …
Environmental Lawsuit Challenges South African Elandsfontein Phosphate Mine Read More
The Indian Rupee has achieved a five-day winning streak against the US Dollar, closing at 86.57. This trend is supported by a decline in the Dollar index and a significant …
Indian Rupee Strengthens Against Dollar Amid Market Dynamics Read More
Botswana is focusing on selling natural diamonds to wealthy young Americans through social media, including an influencer dinner in New York with The Clear Cut. The government emphasizes high-value stones …
Botswana Targets Affluent Young Americans to Promote Natural Diamonds Read More
MTN Group will spin off its fintech operations in Nigeria, Ghana, and Uganda to facilitate a $200 million investment from Mastercard. The fintech unit is valued at $5.2 billion, with …
MTN Group to Expand Fintech Operations and Partner with Mastercard Read More
Nigeria’s annual inflation has decreased for the second consecutive month, falling from 24.5% to 23.2%. This trend leads to speculations that the Central Bank may pause interest rate hikes. With …
Nigerian Inflation Declines Again, Impacting Interest Rate Decisions Read More
Nigeria’s inflation rate dropped to 23.2% in February 2025 from 24.1% in January 2025. Bloomberg reports this decline following a significant revision of the consumer price index. The reference year …
Nigeria’s Inflation Rate Declines to 23.2% in February 2025 Read More
China’s economy shows mixed indicators according to recent data. Retail sales rose by 4% year-on-year but unemployment increased to 5.4%, the highest in two years. Housing prices fell in 68 …
China’s Economic Challenges Amid Rising Unemployment and Trade War Pressures Read More