Ivory Coast’s electricity monopoly, which has a stock that’s soared 95 percent in the past year, will increase exports as rising domestic demand boosts profit amid an economic recovery in the world’s biggest cocoa producer.
Sierra Leone, the African nation rebuilding its economy a decade after the end of a civil war, is benefiting from slower inflation and a stable currency as borrowing costs tumble and growth accelerates.
Sucres et Denrees SA took all of the beans delivered against the expired May futures contract on the NYSE Liffe exchange in London, according to Derek Chambers, head of cocoa at the Paris-based trading company.
U.K. Prime Minister David Cameron set his sights on oil, gas and mining companies in his drive for greater corporate and government transparency ahead of the summit of G-8 industrialized nations next month.
Like other would-be tiger economies, Vietnam faces a trifecta of new threats: a crisis-paralyzed Europe, a faltering America, and a newly spendthrift Japan. Yet the biggest risk to the nation’s future may be old-fashioned nostalgia.
Al-Shabaab, Somalia’s al-Qaeda linked militant group, have gone into hiding to carry out guerrilla attacks after losing territory they held as a more conventional force, Somali President Hassan Sheikh Mohamoud said.
A boomtown is rising in the jungle- covered mountains of Sierra Leone. Bumbuna, estimated population 12,000, just got a new bank. A growing Sunday congregation spills out from underneath blue tarps that serve as a makeshift church. In hills where armed men once abducted children, school kids now get coloring books featuring a smiling bulldozer ridden by the cartoon character Bob the Builder. Outside of town, the mining company handing them out is loading bright yellow Caterpillar trucks as it unearths iron ore, giving Sierra Leone the fastest-growing economy in the world.