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Commodity Paper: What It Is, How It Works

What exactly is commodity paper? Commodity paper serves as a loan or advance where the borrower's owned raw materials act as collateral. The …

Posted Price: What It is, How It Works, Example

The posted price is the price at which buyers or sellers are willing to transact for a particular commodity. Depending on the circumstances, the …

UK to return looted royal regalia to Ghana in loan deal

Britain is returning a selection of Ghanaian gold regalia looted from an Asante king in the 19th century, in a historic loan deal set out on Thur…

Mali junta eyes new peace talks after ending accord with separatists

Mali's junta on Friday issued a decree to establish a committee to organise national peace and reconciliation talks, a day after it ended a 2…

World Court says Israel must take steps to prevent acts of genocide in Gaza

The World Court on Friday ordered Israel to take action to prevent acts of genocide as it wages war against Hamas militants in the Gaza Strip, bu…

Tunisian cabinet approves bill allowing the central bank to finance the treasury

The Tunisian cabinet approved on Thursday a controversial bill allowing the central bank to finance the treasury, in a move aimed at financing th…

Man to be charged with murder for deadly Johannesburg fire

South African police have arrested a man suspected of starting the fire that killed more than 70 people in a hijacked building in downtown Johann…

Kenyan court refuses to stay ruling invalidating housing levy

Kenya's Court of Appeal on Friday refused to extend a stay that had allowed the government to continue collecting a 1.5% levy to fund afforda…

'Mandela will be smiling,' South Africa minister says on ICJ ruling against Israel

South Africa's liberation hero Nelson Mandela "will be smiling in his grave" at the World Court order imposing emergency measures a…

South Africa's genocide case is a diplomatic win, after 'damning' verdict

South Africa's genocide case against Israel may have ruffled feathers in the capitals of vital Western trading partners, but it has boosted t…

Ethiopia's deputy PM Demeke to be replaced by spy chief Temesgen

Ethiopia's deputy prime minister Demeke Mekonnen, who has occupied the post for over 11 years under three successive prime ministers, will be…

With government relocated, Egypt set to unveil overhaul of downtown Cairo

With government relocated, Egypt set to unveil overhaul of downtown Cairo, Egypt's sovereign wealth fund is finalizing a masterplan to revamp…

How Ethiopia's quarrel with Somalia could destabilise Horn of Africa

How Ethiopia's quarrel with Somalia could destabilize Horn of Africa, Ethiopia's deal to lease a port in Somalia's breakaway region o…

South African president hails ruling against Israel as step toward justice

South African president hails ruling against Israel as step toward justice, South Africa's President Cyril Ramaphosa hailed the World Court r…

Agribusiness Explained: What It Is, Challenges, and Examples

Agribusiness Explained: What It Is, Challenges, and Examples By JAMES CHEN Updated October 10, 2023 Reviewed by SOMER ANDERSON Agribusiness encom…

What Is Henry Hub? Definition, Location, Owner, and Connections

What Is Henry Hub? Definition, Location, Owner, and Connections, What Is Henry Hub? Henry Hub is a natural gas pipeline located in Erath, Louisia…

Intercontinental Exchange (ICE): What It Is and What It Does

Intercontinental Exchange (ICE): What It Is and What It Does, What Is the Intercontinental Exchange (ICE)? The Intercontinental Exchange (ICE) is…

Resource Curse: Definition, Overview and Examples

Resource Curse: Definition, Overview, and Examples, What Is the Resource Curse? The term resource curse refers to a paradoxical situation in whic…

The World's 6 Biggest Corn Producers

The World's 6 Biggest Corn Producers, More corn is produced than any other grain crop, and for good reason. It is a staple food for many peop…