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🎙What trade-offs and dilemmas will countries face as they seek to leverage the right economic tools and ensure sustainable, long-term growth? 

🎙Nigeria's oil production recovered last month, with oil output increasing by 7.1% m/m to an average of 1.35 million barrels per day (bpd) in 2023 and is forecasting oil output to rise to an average of 1.4 million bpd in 2024.

🎙Africa will be the world’s second-fastest-growing major region in the world after Asia. It's GDP is forecast to grow by 3.2 per cent in 2024, up from 2.6 per cent in 2023.. 

🎙ActionAid urges a 90% windfall profit tax on fossil fuels and banking sectors, potentially generating $382B for climate action and public services.

🎙Container prices tripled in 30 days, leading to soaring freight costs in Africa. Houthi rebel attacks in the Red Sea prompted shipping lines, including MSC and Maersk, to avoid the Suez Canal. China-Europe rates surged from $1,500 to $5,400 per 40-foot container.