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    Zimbabwe

    Zimbabwe is moving closer to gas production after Invictus Energy confirmed its first commercial gas discovery in the Cabora Bassa basin, a milestone that positions the country among Africa’s emerging gas producers.

    Zimbabwe is sticking to its new gold-backed currency as it started trading in the markets amidst concerns that the new gold-backed currency which represents the third time Zimbabwe would be changing its currency would be efficient in curbing the crippling hyperinflation bouts that have plagued the country over the decades.

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