OPEC still has an important role to play in Global Oil Market
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OPEC still has an important role to play in Global Oil Market

(By Sebastian Wagner) Scan Western news about OPEC from the last few years, and a common observation tends to appear: OPEC had a huge influence on the global oil market back in the day. Now, in the shale oil era, not so much. I would argue that OPEC can safely state that reports of its…

Nigeria orders supplies for 400,000 COVID-19 tests to increase testing capacity
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Nigeria orders supplies for 400,000 COVID-19 tests to increase testing capacity

The Private sector-led Coalition Against COVID-19 (CACOVID) has ordered for 250,000 supplies for tests and another 150,000 extraction kits to fast-track molecular testing for the deadly coronavirus, noting that the reality of the situation at hand was such that efforts must be put together with no stone left unturned in dealing with the scourge. The…

IFAD launches $40 million fund to help prevent rural food crisis in wake of COVID-19
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IFAD launches $40 million fund to help prevent rural food crisis in wake of COVID-19

With the COVID-19 pandemic and economic slowdown threatening the lives and livelihoods of the world’s most vulnerable people, the UN’s International Fund for Agricultural Development (IFAD) today committed US$40 million, and launched an urgent appeal for additional funds, to support farmers and rural communities to continue growing and selling food. IFAD’s new multi-donor fund, the COVID-19Rural Poor…