Experts of African economy believe that the growing cocoa production will help the West African countries to recover from the flagging economic condition.
Breaking News
U.S. regulators warned investors of stock scams tied to West Africa's Ebola outbreak and suspended trading in four small companies that they said have made unverifiable claims about products to prevent or treat the deadly virus.
The United States on Tuesday proposed that the International Monetary Fund write off some $100 million in debt it is owed by Guinea, Liberia and Sierra Leone to free up more resources for those countries, the hardest hit by the Ebola outbreak.
The president of Emirates airlines [EMIRA.UL] said on Thursday that demand for flights to Africa from Asia has fallen due to concerns over the Ebola virus.
Microsoft Corp co-founder Paul Allen's charitable foundation on Thursday will announce it is donating $9 million to support U.S. efforts to fight the Ebola outbreak in West Africa, a source familiar with the matter said.
The Aluminum Corporation of China Ltd or Chalco had announced the sale of its shareholdings in the Guinea venture with Rio Tinto.
Steinmetz, through an interview, says the Vale deal is the cause of the issues faced in Guinean legal dispute.
