Page 18 - Trade Data News Today

Here is the daily commodity trade data from Ethiopia Commodity Exchange (ECX) for items traded on 2 August 2023.

Ethiopia Commodity Exchange (ECX) Daily Trade Data - 31 July 2023

With recent economic data overwhelmingly gloomy, policymakers can be expected to try and nudge the economy back on track, through both monetary and fiscal tools. Any support measures are also likely to fall in line with Chinese leaders’ push for high-quality development.

ABUJA, Nigeria -- Abubakar Salisu was terrified when he discovered arid sand in the middle of his farmland, rendering a broad strip unfit for crops. Now, extreme heat is killing his wheat before it is ready for cultivation.

Nigeria is trying to make Africa’s largest economy reliant on its own wheat production. But climate change and violence in the northern part of the country, where grains are largely

Nigeria is trying to make Africa’s largest economy reliant on its own wheat production

ABUJA, Nigeria (AP) — Abubakar Salisu was terrified when he discovered arid sand in the middle of his farmland, rendering a broad strip unfit for crops. Now, extreme heat is killing his wheat before it is ready for cultivation. Wheat normally requires heat, but in the last three years, farmers in Nigeria’s far north, part […]

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Abubakar Salisu was terrified when he discovered arid sand in the middle of his farmland, rendering a broad strip unfit for crops. Now, extreme heat is killing his wheat before it is ready for cultivation. Wheat normally requires heat, but in the last three years, farmers in Nigeria’s far north, part of Africa's Sahel region that largely produces the country's homegrown food, have seen an “alarming” increase in heat — much more than required, said Salisu, ...

Conflict and climate change are driving a food security crisis in Nigeria, exacerbated by supply disruptions tied to Russias war in Ukraine. It means people are spending more for food in Africas largest economy as it becomes more reliant on imported grain, which is priced in U.S. dollars, and its currency weakens.