Browsing Tag

producer

Africa’s Second-Largest Oil Producer Seeks IMF Support Amid Price Decline

Angola and Nigeria: Navigating the Oil Price Storm As Sub-Saharan Africa's second-largest crude oil exporter, Angola is bracing for significant economic challenges in the coming years. The nation has crafted its 2025 budget around an optimistic oil price benchmark of $70 per barrel. However, the reality is stark: Brent crude prices recently dipped below $60, marking the lowest level we've seen in four years. The question looms large—what does this mean for the country's economic stability and future prospects?…

Leading African Gold Producer Suspends Foreign Mining Permits

Mali's Mining Landscape: An Era of Reform and Reflection As Mali's Council of Ministers announced, there is a newly imposed halt on the issuance of artisanal mining permits to foreigners. This measure stands amidst ongoing investigations prompted by a recent, heart-wrenching mining calamity. A stark reality looms over us: how do we balance economic pursuits with the sanctity of human lives? This thoughtful pause is an aftermath of a catastrophic mining accident just a month ago. A tragedy that took over 40…

Mali wants to regain its place as the leading producer of

Installed on August 5, 2021, the new office of the Confederation of Cotton Producers of Mali held its first meeting in the city of Koutialia on Thursday, August 19. Objective: to introduce its members to thousands of producers in this agricultural zone but also to support the transition. Following the recommendations of the national meetings in the sector, in addition to the fertilizer subsidy, the…

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