UN study shows COVID-19 pandemic is accelerating poverty
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UN study shows COVID-19 pandemic is accelerating poverty

The UN says that the coronavirus pandemic is rapidly accelerating to record highs the number of people worldwide who need humanitarian assistance to survive. As a result there has been a sharp increase in extreme poverty in just one year, with 235 million people worldwide now living in extreme poverty. The largest concentrations are in…

Mozambique, Tanzania join forces to combat growing insurgency
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Mozambique, Tanzania join forces to combat growing insurgency

Mozambique and Tanzania will launch joint operations to combat an Islamist insurgency under an agreement that will also see some 500 suspected insurgents extradited, a report in Mozambique’s state-owned newspaper Noticias indicates. Mozambique’s army has been battling an insurgency that started three years ago in its northernmost province of Cabo Delgado, separated from Tanzania by…

Tullow Oil focuses on West Africa to generate $7bn over next decade
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Tullow Oil focuses on West Africa to generate $7bn over next decade

British oil giant Tullow Oil will focus on its core assets in West Africa as part of a plan to boost cash generation and generate $7 billion of operating cash flow over the next decade, the firm announced. Of this, $2.7 billion will be invested back into the company, predominantly on recovering as much as…