Coffee markets heat up as torrid weather, supply risks drive prices to 15-year high
Onome Amuge
December 18, 2023
Robusta coffee futures on the Intercontinental Exchange (ICE) reached their highest price in at least 15 years, capping off a week of
Economic headwinds forces Jumia to wind down food delivery operations in African markets
Onome AmugeDecember 14, 2023
In a strategic move to refocus its operations and return to profitability, Jumia Technologies AG (JMIA) is discontinuing its food
Gold trapped in range as Fed meeting looms, outlook clouded
Onome AmugeDecember 13, 2023
Gold prices were trading in a tight range on Wednesday morning, hovering just below the key $1,800 per ounce level, as investors
Environmental watchdog slams COP28 draft for weak language on fossil fuels
Onome AmugeDecember 12, 2023
As the 2022 United Nations Climate Change Conference (COP28) comes to a close, a draft of the final text of the conference has
AFC shows Africa’s carbon credit market solutions to climate crisis
Onome AmugeDecember 11, 2023
Pushes for investment in carbon offset market As global temperatures continue to rise and carbon emission reduction efforts remain
Cocoa boom spurs theft, rental Squeeze for Nigerian farmers
Onome AmugeDecember 11, 2023
The high price of cocoa has sparked a rash of criminal activity in West Africa, as cocoa pods are stolen from farms and scales are
FAO reports stability in global food prices for November
Onome AmugeDecember 8, 2023
World food commodity prices remained relatively stable in November, with lower prices for cereals offset by higher prices for
Nigeria’s rice hopes in tatters as imports atop global table
Onome AmugeNovember 20, 2023
Exposes failure of Buhari’s rice programme Self-sufficiency pyramid campaign a ruse High domestic prices make import attractive
Ericsson’s outlook for 2024 clouded by economic uncertainty
Onome AmugeOctober 18, 2023
Ericsson CEO Borje Ekholm has warned that macroeconomic uncertainty will continue into 2024, impacting customers’ investment
Nigeria’s inflation long drawn out as drivers persist, analysts warn
Onome AmugeOctober 9, 2023
Shift in economic landscape sees Services leading Positive on banking, telecom sectors Against the backdrop of a challenging