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Photo: ATU Images/Getty Images

400 local farmers have begun to grow coffee trees on the slopes of Mozambique's Mount Gorongosa in an effort to revitalize the quickly disappearing rainforest and boost incomes, reports AP.

The big picture: Nearly 2 decades back, the Gorongosa National Park was considered "derelict" after a brutal civil war and wildlife poaching. "Coffee is a crop that can stop that deforestation," writes the AP. "Shade-grown coffee shrubs produce better tasting coffee beans, so the trees are planted among indigenous trees. Areas that had been denuded of trees now boast verdant slopes of coffee trees interspersed with local trees such as albizias and other crops."

What's next: Global coffee company Nespresso has expressed interest in supporting coffee production in Mozambique, per AP. The country's unique climate could render it competitive with other major coffee producers in Africa such as Ethiopia and Kenya.

  • In partnership with the Mozambican government, the Gorongosa Restoration Project, funded by American philanthropist Greg Carr, will also be ramping up production soon. The organization helped plant 40,000 coffee trees this year, and has plans for 300,000 new coffee trees annually for the next 10 years, according to AP.

Go deeper

Shooting at Michigan high school leaves 3 dead, 6 wounded

Screengrab: CBSN

Three people dead and six others are wounded after a shooting at a high school in Michigan according to the Oakland County Sheriff's Office.

Driving the news: The alleged shooter was a 15-year-old sophomore at Oxford High School and has been arrested, per police.

Fed signals it could yank economic support quicker as inflation sticks around

Federal Reserve chairman Jerome Powell testifies during a hearing before Senate Banking, Housing and Urban Affairs Committee today. Photo: Alex Wong/Getty Images

The Federal Reserve will consider pulling back economic support sooner "as the threat of persistently high inflation has grown," chair Jerome Powell said during a congressional hearing on Tuesday.

Why it matters: This is the biggest signal yet the Fed is backing away from its stance that soaring prices would be fleeting — a change that could shift its policies that underpin the economy.

Felix Salmon, author of Capital
Updated 3 hours ago - Economy & Business

Crypto meets the real world

Illustration: Megan Robinson/Axios

The two largest countries in the world seem intent on effectively banning their citizens from participating in crypto, which poses a serious threat to the crypto agenda.

Why it matters: The crypto world is global — but the real world is fragmented into nation-states, each of which claims control of what happens within its borders.