Nigeria’s Edo state increases investment to revive palm oil production

A sustainable project in Nigeria’s southern Edo state is helping to get the country’s palm oil industry back on its feet decades after it was eclipsed by now leading producers Indonesia and Malaysia. Since the 1960s, when Nigeria was still the world’s top producer of palm oil, the substance that is extracted from oil palm […]

US Condemns Imprisonment, Torture of Anti-slavery Activists in Mauritania

The United States has recently condemned in strong terms the imprisonment and the torture endured by anti-slavery activists in Mauritania. The US condemnation came after a court in Mauritania handed 13 members of the slavery abolitionist movement (known by its acronym IRA) sentences ranging from three to 15 years. “The United States is gravely concerned […]

Fitch: Moroccan Banks show resilience despite Macro-economic challenges

Moroccan banks continue to show resilience despite challenging global and domestic macro-economic conditions, Fitch Ratings says in a new report focusing on the country’s seven largest banks. Banks have built up healthy provisions buffers since 2020 and are well-placed for a continued recovery in profitability in 2024 amid rising interest rates, says the rating agency. […]