Bloomberg News

Good news for chocolate lovers as rains boost Africa cocoa crops

Farmers in the top two cocoa growers are upbeat about the next harvest after heavy rains in recent weeks helped…

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Zimbabwe seeks $331.5 million to deal with drought, cyclone

Zimbabwe is seeking $331.5 million in humanitarian aid as the southern African nation battles the “twin shocks” of a sustained…

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Ethiopia plants 350 million trees in one day to combat drought

Ethiopians planted 353 million trees in 12 hours, part of a 4 billion tree-planting campaign to fight deforestation and climate…

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South Africa to propose Water Transformation Bill

South Africa’s water department will propose a bill to eliminate “glaring inequalities” in the industry and draft new conservation regulations.…

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Tongaat CEO seeking to freeze payments on $790 million of debt

Tongaat Hulett Ltd. is asking 10 lenders for a break from payments on as much as 11 billion rand ($790 million)…

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Cocoa’s OPEC moment puts world market on track for boom and bust

The world’s two biggest cocoa producers are taking unprecedented steps to exert more control on the market in a bid…

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Zimbabwe ready to sell elephants to ‘anyone who wants wildlife’

Zimbabwe plans to sell elephants to Angola and is prepared to ship wild animals to any other interested countries as…

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Extreme weather is shaking up Africa’s corn trade

At least three African nations will need to import more corn this year after extreme weather from cyclones to drought…

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