Africa Headlines International

Mozambique: illicit trade in ‘conflict timber’ smuggled to China funds insurgency, EIA warns

Timber smuggling, estimated to be worth $23 million a year, from Mozambique’s ancient forests to China is helping to fund the country’s Islamic-State linked militants operating in its northernmost province of Cabo Delgado, according to a new report by Environmental Investigation Agency (EIA), A multi-year investigation by the NGO, which campaigns against alleged environmental crime, […]

Business Emerging Markets

Abidjan-based Banque Nationale d’investissement pledges to back coffee, cocoa exporters with around $274 million for new season

Banque Nationale d’Investissement (BNI), also known as National Bank of Investment, vowed to support exporters of coffee and cocoa of Côte d’Ivoire with around $274 million for a new season starting in few days, Abidjan Net reports. Jerôme Ahua, Deputy Director of the bank, made the announcement during a networking event of coffee and cocoa […]