According Liberia's Daily Observer newspaper, Fouani Brothers Corporation raised the prices of eggs from $35.89 per carton of 360 eggs to $70 per carton.The BBC correspondent in Liberia says the fine, announced by Minister Wilson Tarpeh, has received a mixed reaction, with some people hailing it, while others call it too harsh and heavy.

Our correspondent says the business entity in trouble is one of the unlucky ones, as arbitrary price increases of basic commodities is a common practice, as Liberia does not have a system to regulate the market.

bbc.com

Zimbabwe aims to 'power the world's electric cars'

Zimbabwe aims to 'power electric cars'

Zimbabwe's mining minister has said the country has the capacity to boost its lithium supply, CNBC Africa reports.

Winston Chitando told a mining investment conference in the capital, Harare, the country could supply "20% of the global demand when all known lithium resources are exploited".

The southern African nation is a top 10 producer of lithium, an alkali metal used in batteries for electric vehicles. The rise in price of the metal, which has more than doubled in the past two years thanks to the demand from the electric vehicle industry, has triggered an expansion of mining of lithium.

Zimbabwe aims to restart its mining sector following years of lull under former President Robert Mugabe. The new government is keen to attract fresh capital to its mining sector and is pushing lithium as a major draw, CNBC Africa reports.