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Local Morrocan Women Boost Beauty Industry Making Argan Oil

In the arid mountains of southern Morocco, local women harvest argan oil, a natural product they have long used in cooking but which has become highly prized by the global beauty industry as an anti-aging skin treatment and restorative for hair.

Most argan oil is produced by local cooperatives of Amazigh-speaking Berber women around the cities of Agadir, Essaouira and Taroudant where the argan tree, which bears small green fruit resembling an olive, is common.

An Amazigh woman crushes argan nuts to extract the kernels, at Women’s Agricultural Cooperative Taitmatine, in Tiout, near Taroudant, Morocco June 10, 2021. Picture taken June 10, 2021. REUTERS/Abdelhak Balhaki

For centuries the oil, among the most expensive in the world, has been extracted by drying argan fruit in the sun, peeling and mashing the fruit then crushing and grinding the kernel with stones.

The oil was traditionally used as a flavouring and a savoury dip for bread. As an ingredient it is still common in Morocco and now also exported for food.

Its use as a beauty product has created a surge in demand for the oil by international cosmetics companies. It also means that local groups are investing in more appealing packaging. The oil now costs around $30-50 a litre locally, but can sell on the international market in smaller high-end bottles for up to $250 a litre.

In the Tiout oasis near Taroudant (600km south of Rabat), the Taitmatine cooperative employs 100 women to produce argan oil, offering them a salary, free childcare, health insurance and literacy courses.

The cooperative, whose name in Amazigh means “sisters”, was set up in 2002.

Although new machines they use to help process the fruit have helped speed up the work, the women still have to remove the hard shell of the kernels by hand by pounding it with a stone, before the inner kernel can be pressed by a machine to extract the oil.

“It takes up to three days of grinding for every woman to get one litre of Argan oil,” said Mina Ait Taleb, head of the Taitmatin cooperative.

“We work here but we also have fun and sing together,” said Zahra Haqqi speaking in a room where dozens of women were grinding outer argan kernels using stones.

Haqi said the job had helped her earn a regular income.

Surging inflation pushes 7m Nigerians into poverty

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Nigeria’s surging inflation rate has pushed 7 million Nigerians into poverty, the World Bank said in its latest Nigeria Development Update report.

According to the report, before inflation started rising steadily, there were 82.9 million poor Nigerians but the number has risen to 90.1 million as a result of the price shock.

Nigeria’s inflation jumped to 18.1 percent in April 2021 from 12.3 percent recorded in the same last year.

Food cost has also hit a record high of 22.7 percent in April 2021 compared to 15 percent in April 2020. This signals a reduction in purchasing power and rising poverty levels.

The pandemic has also exacerbated the food crisis in the country.

The Bank estimated that about 18 percent of adults did not eat for an entire day compared to 6 percent recorded before Covid.

From the report, 11 million more Nigerians are expected to fall into poverty between 2020 and 2022 due to Covid-19.

The Bank has projected economic growth of 1.8 percent this year compared to a previous estimate of 1.2 percent if it deepens reforms.

For first time in 2yrs, Nigeria’s inflation rate declines for second successive month

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Nigeria’s inflation rate slowed for the second successive month in May, marking the first time in two years that the rate has slowed for two straight months.

Headline inflation decelerated to 17.93% in May 2021 from 18.12% recorded in April 2021, the National Bureau of Statistics (NBS) said Tuesday.

The trend comes as a surprise to analysts who were predicting a spike in the rate.

Food inflation, a closely watched index also dropped from 22.78% recorded in April 2021 to 22.28% in May 2021, indicating the second consecutive decline in the food index.

The ‘All items less farm produce’ or Core inflation, which excludes the prices of volatile agricultural produce stood at 13.15% in May 2021, up by 0.41% when compared with 12.74% recorded in April 2021.

The highest increases were recorded in prices of Pharmaceutical products, Garments, Shoes and other footwear, Hairdressing salons and personal grooming establishments, Furniture and furnishing, Carpet and other floor covering.

Tia Mowry Shows Off New Look With Platinum Blonde Hair, Curtain Bangs

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Tia Mowry is starting her week off with a brand new haircut and color.

Of course this is no big surprise, seeing as the beloved former Sister Sister star loves to switch things up when it comes to her hair – and we’re always here for it.

On June 13, the mother of two showed off her new look via Instagram, which features a shoulder-length cut, curtain bangs, and platinum blonde  “She’s back!! You can call me #blondie,” the star captioned the pic.

Celebs like Lala Anthony, Taraji P. Henson, and Gabrielle Union all praised the actress for the new look, sharing that they love her latest hairstyle.

As a hair chameleon, this certainly isn’t Mowry’s first rodeo when it comes to going blonde.

Back in late May the Family Reunion actress revealed a ombré blonde hairstyle on the ‘gram.

With 6.3% NPLs, Nigeria’s banking system showing signs of stress, World Bank warns

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With some 6.3 percent Non-Performing Loans (NPLs) sitting in the balance sheets of Nigerian banks, the system is already showing signs of stress, the World Bank warned on Tuesday as it raised doubts on the country’s 1.8 percent economic growth projection for 2021.

According to the World Bank, Nigeria’s financial system has escaped a credit crunch, but must continue to deal with the impacts of COVID-19 crisis, rising inflation, collapse of crude oil prices seen since the first half of 2020, a surge in unemployment, and a protracted disruption in the supply of foreign exchange.

Nigeria’s banking system is still well-capitalized, with a capital adequacy ratio (CAR) of 15.2 percent in February 2021, up about 30 basis points (bps) from a year earlier.

Despite abrupt dollar funding tightening in 2020, the system’s overall liquidity position appears comfortable; in February the 40.5 percent liquidity ratio was well above the prudential minimum.

Access to international capital market has equally opened up alternative funding for Nigerian banks, with two of them placing 5-year Eurobonds raising US$650 million in recent months which would help ease FX liquidity strains and extend funding maturities.

Expectations are also rife that more financial intermediaries in Nigeria will tap international markets to issue foreign currency denominated securities or syndicated foreign currency denominated financing in order to partially meet the growing foreign currency needs as well as upcoming foreign currency denominated maturities.

The World Bank is of the opinion that, the CBN’s policy initiatives and development-finance interventions so far have helped prevent a severe credit crunch in the private sector.

Adejuyigbe, Edosio, 6 Others Selected For U.S Embassy, Catalyst Story Institute Storytelling Project

Eight Nigerian filmmakers have been selected to represent the country as finalists for the U.S Embassy and Catalyst Story Institute filmmaking project.

Announced in April 2021, the project which is in partnership with “The Innovation Station” at the U.S. State Department and Careers in Entertainment founded by the Will and Jada Smith Family Foundation was set up to discover content creators to produce world-class films.

On the list of finalists from Nigeria are filmmakers Adekunle ‘Nodash’ Adejuyigbe, Ema Edosio, Nadine Ibrahim, Bolanle Edwards, Tolu Awobiyi, Saninye Alasia, Todimu Adegoke and Joshua Alabi.

Confirming his selection, Adejuyigbe wrote on Instagram: “My selected project is one of the tv series I have been working on for over 2 years; and while it’s still a looonnggg way from production, it’s interesting to see that I am not the only one who sees how powerful THE NATIVE FORCE is going to be.”

The finalists join filmmakers from Algeria, Brazil, Canada, South Korea, Germany, Hungary, Mexico, New Zealand and Switzerland.

Grand Designs: The Refugees In Paris With An Eye On Fashion

From old denim fabrics, Afghan refugee Bagher Husseini fashioned a pair of baggy jeans with fringed patches that he hopes will be paraded down a French catwalk later this year.

Husseini has worked with a sewing machine before. He made his way to Iran after fleeing fighting in Afghanistan’s Ghazni province, surviving on a modest tailor’s income.

Now he’s involved in a collaboration between French fashion students and migrants from Afghanistan and the Middle East. The Reprise project aims to train to give migrants the skills to turn second-hand clothes into edgy menswear.

“I enjoy selecting different colors, different types of fabric … and then making something special out of them,” Husseini said in his native Dari language.

New to his repertoire are jeans, jackets and hats, sometimes inspired by traditional Afghan clothing.

“I like to come to model. Model and (play) cricket,” said asylum seeker Imran Hazarbuz, who used to play cricket in his native Afghanistan. “I don’t know which work is better for me, we will see.”

The fashion students and social workers want to get hold of professional sewing machines and fabric from fashion brands. If they are able to speed up the pace at which apparel items can be made, a first collection could be marketed later this year.

“The story is there, and the clothes breathe this story,” said fashion student Hugo Castejon-Blanchard.

Agricultural Development Authority Seals Pact With NYSC To Boost Food Security

National Agricultural Land Development Authority (NALDA) has signed a Memorandum of Understanding (MoU) with the National Youth Service Corps (NYSC) to establish a rice farm in Ebonyi state to boost food security in the country.

The rice farm would be established on a 52 hectares land owned by the NYSC in Ezillo, Ishielu Local Government Area of the state while NALDA would provide inputs and the technical know-how to develop the farm.

Speaking at the MoU signing ceremony, the Executive Secretary and Chief Executive Officer of NALDA Prince Paul Ikonne said the authority is tapping into the vast resources that the NYSC has across the country to provide sufficient food for Nigerians and engage the Corps members to be more productive.

He noted that Nigeria is in urgent need of creating job opportunities and this collaboration will contribute to the country’s GDP growth.

On the training of Corps members to be soil doctors, the Executive Secretary said the first phase of the training was successful and NALDA is ready and willing to train more Corps members soonest.

On his part, the Director-General of the NYSC Brigadier General Shuaibu Ibrahim said the NYSC’s human capital development is huge and there is need to tap into the potential in order to contribute meaningfully to national development.

He noted that the Corps members are skillful and ready to work if given the necessary support.

Ibrahim added that some Corps members who have benefited from some empowerment schemes of the Corps are doing very well on their own, managing their own businesses in their state of service comfortably without any form of harassment from the locals.

On the partnership, he noted that the NYSC is ready to commence work on the farm immediately by deploying tractors to site for land clearing.

The NYSC Director-General commended the NALDA boss for the good work he is doing.

Hungary Donates Budapest Land To Planned Chinese University

Hungary’s parliament approved a government proposal on Tuesday to donate state-owned land to a planned Chinese university in Budapest, despite opposition criticism and a recent protest that accused the government of cosying up to Beijing.

Opponents of nationalist Prime Minister Viktor Orban are concerned that the planned $2 billion campus could undermine the quality of higher education and help Beijing increase its influence in Hungary and the European Union.

Orban’s government argues that the school could help attract new research and development centres and new investments to Hungary, a central European country of 10 million people, which relies heavily on foreign investment to drive economic growth.

Lawmakers of Orban’s ruling Fidesz voted overwhelmingly to donate four plots on the banks of the Danube River to a foundation in charge of the planned campus of Shanghai-based Fudan University, displacing a planned local student housing area.

The law says the government must present the final plans of the project, including its costs, to parliament by the end of 2022, after the next election in April.

Orban said last week that the issue would be then put to a referendum.

However, Budapest mayor Gergely Karacsony, who is vying to become Orban’s opposition challenger, next year, is seeking a referendum on the campus before the election.

Hungary’s Parliament Passes Anti-LGBT Law Ahead Of 2022 Election

Hungary’s parliament passed legislation on Tuesday that bans the dissemination of content in schools deemed to promote homosexuality and gender change.

His Fidesz party, which promotes a Christian-conservative agenda, tacked the proposal banning school talks on LGBT issues to a separate, widely backed bill that strictly penalises paedophilia.

The move triggered a mass rally outside parliament on Monday, while several rights groups have called on Fidesz to withdraw the bill.

Fidesz lawmakers overwhelmingly backed the legislation on Tuesday, while leftist opposition parties boycotted the vote.

Under amendments submitted to the bill last week, under-18s cannot be shown any content that encourages gender change or homosexuality. This also applies to advertisements.

The law sets up a list of organisations allowed to provide education about sex in schools.