market

In the wake of a catastrophic blaze at Mbare Musika, Zimbabwe’s largest informal retail hub, President Emmerson Mnangagwa has instituted a State of Emergency. This decision comes as a response to the widespread devastation that impacted roughly 4,000 vendors, leaving many grappling with the loss of merchandise valued in the thousands. The flames, which raged through the market, not only destroyed goods but also disrupted the livelihood of countless traders. “This unfortunate incident has turned many lives upside down,”…

The price of grain has risen in West Africa in recent weeks. Maize but also millet and sorghum are more expensive in the markets due to a lack of sufficient stock and for fear of a disappointing new harvest. Again, it is a game of dominoes that increases the price of a bowl of corn or a millet bowl in West Africa. Initially,…

The large-scale fire broke out this Easter Sunday in the early afternoon and was brought under control after 6 hours of intervention by Cotonou firefighters and around. 12,000 m² of the 180,000 area of ​​the market was affected by the flames. as reported from Cotonou, Jean-Luc AploganWhen you arrive at the scene of the…

In South Africa, the increase in armed vehicle attacks is driving the market for armored vehicles forward. A large American car manufacturer has even partnered with a screening company to offer its customers safe models. Romain Chanson visited this company's garage in northern Pretoria, the South African capital where these vehicles are armored.…

It is final, the exploitation of the Cominak mine; north of Niger; ends today because its reserves are depleted. A closure that takes place in a global context that is characterized by still very low prices, which undermines the mine's profitability. But China is expected to revive the market in the coming years. After 40…

It's Christmas before its time on the Lagos Stock Exchange in Nigeria. On Tuesday, October 6, the index jumped over the thirty largest stocks by 5.7%, the second-best result in the last fifteen years. In the last month, the Nigerian stock market has been in good shape and has gained more than 13% as the country is going through a severe recession. Never before has the connection between the real economy and finance been so striking in Nigeria. As the country struggles with a recession synonymous with job losses and deep…

During the night from Saturday to Sunday, a fierce fire ravaged the Pak Lambaye market in Dakar, causing significant damage. But no sacrifice is to be regretted. From our Dakar correspondent, Piles of charred dirt and columns of smoke. After the fire that ravaged the market in Dakar, there is nothing left of Pak Lambaye. This Sunday, a few traders came to see the extent of the losses. The fire lasted all night but caused no loss. It triggered around noon. 21 Saturday night and was not brought under control until 6…