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24/09/2023

Adesina, speaking on the sidelines of the UN General Assembly meetings in New York, pointed to the uptake of special agro industrial processing zones, which in Nigeria alone could expand from covering eight states to 35 after a recent request. Those zones are rural areas targeted for infrastructure investment that allow for food and agribusiness companies to move in.

24/09/2023

Russia's February 2022 invasion of Ukraine, one of the world's top grain exporters, sent tremors through global grain markets, threatening food supplies for some of the most fragile nations, including many in Africa.

24/09/2023

As far as I'm concerned, we shouldn't be talking about food security in Africa more than five years from now. There's no reason for it," he told Reuters. "We have the technology and the financing to do it at scale.

24/09/2023

Programs supported by the African Development Bank (AfDB) in over 30 African countries have helped produce some $12 billion worth of food, and the bank’s $25 billion objective is "well on track," AfDB President Akinwumi Adesina said on Friday.

22/09/2023

In addition to this, the bank announced further hikes are likely in the future. "Whether it will be necessary to raise the interest rate further will depend on the economic development. We will probably raise the policy rate one more time, most likely in December," said Ida Wolden Bache, governor of Norges Bank

22/09/2023

Norway's central bank, Norges Bank, increased its key policy rate by 0.25 percentage points, reaching 4.25 percent on Thursday, in an effort to curb persistently high inflation. The bank stated the rise in interest rates was necessary to manage inflation, which has been consistently above the target of 2 percent. In August, the country's consumer price index (CPI) saw a 12-month increase of 4.8 percent, which was higher than expected.

21/09/2023

Bodes accused AstraZeneca of breach of contract and failure to pay wages in violation of South Carolina law. She is seeking to recoup the money she claims she is owed along with other damages.

21/09/2023

Elmarie Bodes, who was AstraZeneca's senior director of business transformation until January, said in the lawsuit filed in South Carolina state court on Tuesday that she was owed a $124,000 performance bonus and $65,000 in stock options.

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