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Senegal officially becomes newest oil producer
Senegal’s Sangomar oil and gas field has produced its first oil, operator Woodside Energy said, with the newly elected president Bassirou Faye promising that oil revenue will be “well managed.” Senegal also expected to start producing gas this year in the Greater Tortue Ahmeyim offshore field which it shares with Mauritania. “This is an historic […]
Heavy rainfall damages Côte d’Ivoire’s Cocoa harvest
Chocolate manufacturers are preparing for yet another challenge in cocoa supply after Cote D’Ivoire reported significant damage to its crop following heavy rainfall. Cote D’Ivoire, which supplies 40% of the World’s Cocoa, said warehouses are still empty with expectations of a harvest 3 to 4 times due to bad weather. Cocoa represents 50% of Cote […]
Imported inflation haunts Morocco as tension soars in Gulf
The aerial strikes in the Middle East shows no sign of easing, and their economic aftershocks are beginning to weigh heavily on global markets, while in Morocco, fears of a renewed wave of imported inflation are intensifying. The conflict could significantly alter the country’s economic trajectory just as Bank Al‑Maghrib prepares for its first monetary‑policy […]



