Ivory Coast’s cocoa industry decry drop in exports
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Ivory Coast’s cocoa industry decry drop in exports

Ivory Coast is the world largest cocoa producer, and this year it has been unable to sell most of its produce due to the ongoing pandemic. The coronavirus pandemic has led to global grinding dropping 4% on average and general demand for the produce drop sharply. As a result, the West African nation has been…

South African Airways receives $650 million bailout as government targets return to the skies
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South African Airways receives $650 million bailout as government targets return to the skies

South African Airways (SAA) has received a new $650 million bailout in the mid-term budget released by the South African government. The state-owned airline has been under bankruptcy protection since December, and after the government imposed a strict coronavirus lockdown in March, has flown only repatriation and cargo flights. South African Airways financial woes have…

Sudan’s energy ministry doubles domestic fuel prices to cut budget deficit
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Sudan’s energy ministry doubles domestic fuel prices to cut budget deficit

Sudan has doubled domestic fuel prices as it aims to reduce a gaping budget deficit. The government which has long fixed fuel prices at one of the lowest levels in the world raised prices of locally produced diesel by 23 Sudanese pounds ($0.8364) a litre. The move will anger most of the nation’s impoverished citizens…