Tag: Africa
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African remittances surpass $90bn a year
Remittances, or the money workers send back to their families in their home country, are now a major part of the economies of many African (and non-African) countries. So much so that countries like Kenya are seeing more money entering the country from remittances than from some of its more traditional exports like tea and…
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Cholera surges in Africa: Over 110,000 cases in 5 months
More than 110,000 cases of cholera were reported in Africa in the first five months of the year. This is half of the total reported in 2023 and more than all the cases in 2022. Last year, a cholera outbreak in South Africa claimed the lives of 47 people. The disease spread quickly in areas…
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Cholera outbreaks highlight the need for Africa to make its own vaccines
There is a worldwide shortage of cholera vaccines, and only one WHO-approved producer in the world, EuBiologics in South Korea. In February 2024, Doctors Without Borders, a medical humanitarian organisation, reported that the global cholera vaccine stockpile had been exhausted. Already in October 2022 a decision was made to temporarily reduce the dosage of vaccine…
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Copper hits new highs as demand, including for renewables, soars
Copper prices have hit new highs over the past month as demand for the metal grows and experts predict a shortage in years to come. Copper is a key material in sectors including telecoms, power generation and construction. It is used in wiring for broadband networks and for transformers and generators in the power production…