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Day: May 8, 2022

Nigeria has lowest petrol price in West Africa – Report

Published by Business Day Nigeria, Togo, and Benin have recorded the lowest petrol costs per litre in the West African sub-region as Africa’s biggest economy’s subsidy payment increases, a new analysis by Zutobi Ed, an international driver’s education organization based in the United States, has revealed. According to the International Driver’s Education Company’s worldwide fuel index study, Nigeria has […]

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Russia-Ukraine conflict: Global scramble for metals thrusts Africa into mining spotlight

CAPE TOWN— The need to secure new sources of metals for the energy transition amid sanctions on top producer Russia has increased the Africa risk appetite for major miners, who have few alternatives to the resource-rich continent.   Companies and investors are considering projects they may have previously overlooked, while governments are also looking to Africa, anxious to ensure their

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Burkina Faso’s Displaced Numbers Swell Amid Jihadi Violence

Ami Sana hangs a tattered tarp for a bit of shade where she can rest on a break from pounding stones under the scorching sun. “The work is hard. It makes my body weak, but what else can I do?” she asked. The mother of six is one of two million people displaced by Burkina Faso’s rapidly rising Islamic extremist

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Dozens Killed in Raid on DRC Gold Mine, Local Official Says

Raiders killed at least 35 people, including a baby, in an attack on a gold mine in Ituri, in the strife-torn northeast of Democratic Republic of Congo, local sources said Sunday. One local official, Jean-Pierre Bikilisende, of the rural Mungwalu settlement in Djugu, Ituri, said the CODECO militia had carried out the attack on the artisanal mine. Bikilisende said the

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