Central African States Fail to Honor Timber Export Ban

Officials say most member states in the Central African Economic and Monetary Community, CEMAC, have failed to honor a ban on raw timber exports that was enacted last year to conserve forests and create jobs by locally processing wood.The six member co...

Chinese Lending at 13-Year Low; US Pledges Africa Investment

Recent visits to Africa by U.S. Ambassador to the U.N. Linda Thomas-Greenfield and U.S. Treasury Secretary Janet Yellen came as a new study found China's overseas investments in the COVID-19 era are at a 13-year low. China has invested heavily in Afric...

World food prices hit record high in 2022: UN

PARIS, World food prices fell for a ninth month in a row in December but hit their highest level on record for the full year in 2022, UN data showed.Food prices soared to a monthly record high in March after Russia invaded agricultural powerhouse Ukrai...

Recognizing and tackling a global food crisis

This year, acute food insecurity is projected to reach a new peak, surpassing the food crisis experienced in 2007-2008. A combination of factors—including greater poverty and supply chain disruptions in the wake of the COVID-19 pandemic, the war in Ukr...

Eight African countries set to start trading using AfCFTA

ACCRA— Deputy Minister of Trade and Industry, Herbert Krapa, has announced that Ghana, together with seven other countries are set to commence trading under the African Continental Free Trade Area (AfCFTA).So far, 54 African countries have signed the A...

US Announces Another $150 Million for Africa Food Crisis

ACCRA, GHANA — U.S. Ambassador to the U.N. Linda Thomas-Greenfield on Friday announced a $150 million package for Africa to help address food and humanitarian crises.Speaking before a gathering of over 500 participants at the University of Ghana in Acc...