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Africa’s green superpower

FT News Briefing

Facebook and Other Social Media Companies Enjoy Legal Protections

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The central african nation of gubon is unusually wealthy. It makes money from oil, but also blessed with a huge section of the congo basin rain forest known as the lungs of africa. This thick and intentionally preserved rain forest is the reason gabon is a net carbon absorber. The country is hoping to capitalize on that with a radic new financial product, a bond whose underlying asset is this forest.

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