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Fed minutes show officials rally around higher-for-longer ratesFreeland says capital gains proposal will be tabled before summer breakFood driving inflation lower, but groceries much more costly than a few years agoThe Daily Chase: Inflation eases once moreChinese-made Teslas pour into Canada as Biden erects U.S. tariff wallBlackRock's Rieder says cut, not hike, would tame U.S. inflationThe Daily Chase: Canada's Crypto King arrested on fraud chargesU.S.
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BNP Paribas Closes South African Corporate and Investment BankBNP Paribas SA has closed its corporate and investment bank in South Africa, the latest example of a European bank scaling back on the continent.
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Bank at Center of African Data Leak Plans IPO to Rebuild ImageBGFIBank Group S.A., one of central Africa’s largest banks, is reviving a plan for an initial share sale as part of a wider push to restore an image marred by a massive data leak.
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African Development Bank Allocates $2 Billion to Clean CookingThe African Development Bank, the continent’s biggest multilateral lender, will allocate $2 billion to promote clean cooking in Africa over the next decade, Akinwunmi Adesina, the bank’s president, said.
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Kenya President Ruto Visits White House in First African State Visit in 16 YearsAn American president will host a state visit for an African leader for the first time in 16 years, as the world’s biggest economy struggles to build influence on a continent forging closer relations beyond Washington’s top competitors China and Russia.
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