Commodities
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Senegal Envisions Investing About $30.5 Billion In Development
Senegal, a nascent oil and gas producer, intends spending about 12.8 trillion CFA francs ($21 billion) on development over the…
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Why World’s Most Popular Vegetable Oil Is No Longer the Cheapest
Palm oil is the world’s most consumed edible oil, produced by oil palms with high productivity per unit area compared…
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Botswana Licences its First Manganese Mining Project
Botswana has awarded Giyani Metals a 15-year mining licence, the company announced on Wednesday, paving the way for it to become…
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AfDB Sets Aside $2 Billion for Clean Cooking in Africa
The African Development Bank (AfDBA) pledged $2 billion over 10 years ($200 million annually) towards clean cooking solutions in Africa.…
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Oil Prices Steady After Recent Surge on Middle East Tensions, Libyan Supply Concerns
Oil prices steadied on Tuesday following an uptick of more than 7% over the previous three sessions, driven by concerns…
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Malaysian PETRONAS Sues South Sudan Over Alleged Blocked Asset Sale and Takeover
Malaysian oil and gas giant Petroliam Nasional Bhd. (PETRONAS) has filed a lawsuit against South Sudan, accusing the government of…
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Libyan Central Bank Standoff Deepens as Governor Won’t Back Down
Libya’s embattled central bank governor clung on against attempts to oust him, deepening a more than week-long standoff between rival…
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World’s Second-largest Diamond Discovered in Botswana
A rough 2,492-carat diamond, the second-largest ever discovered, has been unearthed in Botswana at the Karowe mine, operated by Canadian…
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Ghana Opens First Gold Refinery to Boost Earnings From Metal
Ghana opened its first commercial gold refinery in Accra on Thursday, marking a significant step in the country’s efforts to…
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Oil Steady After Weekly Gain as Traders Watch for Iran Reprisal
Oil steadied after its first weekly gain since early July, with the market still waiting for Iran’s response to last…
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