U.K. approves Pfizer’s COVID-19 vaccine ahead of similar decisions in the U.S. and EU
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U.K. approves Pfizer’s COVID-19 vaccine ahead of similar decisions in the U.S. and EU

The U.K. has become the first western country to license a Covid-19 vaccine, opening up mass immunization campaigns starting next week ahead of similar decisions in the U.S. and European Union. The U.K. regulator, the Medicines and Healthcare Products Regulatory Agency, said on Wednesday that the vaccine “met its strict standards of safety, quality and…

Ivory Coast and Ghana pull out of U.S. cocoa trade body
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Ivory Coast and Ghana pull out of U.S. cocoa trade body

Ivory Coast and Ghana – the world’s top two cocoa producers –  have withdrawn their membership of a U.S. cocoa industry association, accusing the body of aiding U.S. chocolate companies avoid paying a cocoa premium aimed at tackling farmer poverty. A document signed by both nations cocoa regulators indicates that the Cocoa Merchants Association of…

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…