Emily Bowers News
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Farmers in Ivory Coast, the world’s biggest cocoa producer, say they can’t sell supplies from the country’s mid-crop harvest because dry weather left beans too small to meet minimum requirements.
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Fighting in the northeastern Nigerian town of Baga left 2,275 buildings destroyed, according to satellite images compiled by Human Rights Watch, as the military disputed death toll figures from local officials.
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(Corrects net int. income figure in story published yday.) Net int. income in 3 mths through March 21.7m cedis vs 17.3m cedis, co. says in statement e-mailed by Ghana Stock Exchange. * EPS 0.085 cedi vs 0.07 cedi
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HFC Bank Ltd., a mortgage lender which has gained 18 percent this year, plans to focus on giving advances to small- and medium-sized businesses while slowing the pace of loan growth.
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Ghanaian President John Dramani Mahama replaced Kweku Botwe as acting managing director of the state water utility and promoted his deputy, Kwaku Godwin Dovlo, Ghana News Agency reported, citing a company statement.
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Ivory Coast, the biggest producer of cashew nuts in Africa, will guarantee farmers get a minimum price for their produce as the country seeks to increase their earnings and expand domestic processing of the crop.
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Lawmakers in Ivory Coast, the world’s biggest cocoa producer, approved powers allowing President Alassane Ouattara to issue decrees on economic and social decisions this year in a bid to quicken the pace of development.
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South African retailers climbed to the highest in a week after Mr Price Group Ltd., a clothing, furniture and linen retailer, said full-year earnings rose by more than 20 percent.
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At least three people have been killed after a multistory building collapsed in Dar es Salaam, Tanzania’s commercial capital, officials said.
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UT Bank Ltd., a lender in Ghana that’s risen 29 percent this year, expects to as much as double profit after receiving $100 million in credit lines from banks.
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