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The United Nations Development Programme (UNDP) has launched the “Timbuktoo” initiative to raise $1 billion and create 10 million jobs in Africa, with Rwanda as the host country. This comes in response to a decline in funding for African tech startups, with a 36% decrease in 2023. Shell has agreed to sell its onshore activities in Nigeria for $2.4 billion to reduce its exposure in the country. The sale has raised environmental concerns from Niger Delta activists. The Russo-Ukraine conflict has caused an increase in wheat costs in Russia, affecting Cameroon, which heavily relies on Russian wheat. Cameroon plans to revive wheat production to address its trade deficit.

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