Nigeria's President Bola Ahmed Tinubu has announced a six-month suspension on raw shea exports to boost local processing, job creation, and protect the shea value chain, predominantly benefiting women. This move aims to increase Nigeria's share in the $6.5 billion global shea market, currently capturing less than 1% despite producing nearly 40% of the world's supply. The initiative is part of the Renewed Hope Agenda, focusing on creating value domestically and competing globally. Vice President Kashim Shettima will lead efforts to expand processing capacity and ensure the reform brings lasting prosperity to farmers, women, and the nation.
Ukraine needs half a trillion to recover, World Bank finds A new study has found that Ukraine will require more than half a trillion dollars to recover from three years of war with Russia.
The estimated cost to rebuild Ukraine's economy has risen to $524bn (£415bn) - nearly three times its expected 2024 economic output - according to datat from the World Bank, United Nations, European Commission and the Ukrainian government.
That's an increase of more than 7% from the last estimate of $486bn reported a year ago
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