Within weeks, the economic shock from the Middle East war has spread worldwide, hitting households, businesses, farms and fuel stations. So which African countries are gaining and which ones are losing? Nigeria’s northwest region has a lot of minerals such as gold and lithium, but the area has faced insecurity and poor development. Now, officials are hoping to combat those problems using new technology. And Uganda is buying 100 kilograms of gold this year to boost its foreign exchange reserves and rely less on the US dollar.
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