By Nicole Jao NEW YORK (Reuters) -Oil prices jumped more than 4% on Friday, rebounding from a four-month low hit in the previous session, as investors who had taken short positions took profits and while U.S. sanctions on some Russian oil shippers lent support. Brent crude futures settled up $3.19, or about 4.1%, at $80.61 …
Oil jumps 4% after week-long selloff, but falls for a fourth week Read More »
By Ngouda Dione and Diadie Ba DAKAR (Reuters) – The presidential ambitions of jailed Senegalese opposition leader Ousmane Sonko suffered two setbacks on Friday after the Supreme Court annulled a lower court’s decision ordering his reinstatement in the voter roll. Separately, a West African regional court backed the government of Senegal in a legal battle …
Jailed Senegal opposition leader suffers court setbacks Read More »
LONDON (Reuters) – Shell confirmed on Friday that Nigeria withdrew civil claims totalling $1.1 billion against it in relation to allegations of corruption in a 2011 oilfield deal. “We are pleased that this claim has been withdrawn. It brings to an end to all legal cases against Shell on OPL 245 in Italian courts,” a …
Shell confirms Nigeria withdrawal of oilfield claim Read More »
By Wendell Roelf CAPE TOWN (Reuters) -Banks and other financiers should withdraw their support of TotalEnergies’ $20 billion liquefied natural gas (LNG) terminal in Mozambique, environmental lobby groups urged in a letter sent to more than two dozen project funders on Friday. The letter, seen by Reuters, comes at a crucial juncture for the French …
Environmental groups urge funding halt for TotalEnergies’ Mozambique project Read More »
By Lovasoa Rabary ANTANANARIVO (Reuters) – Madagascar’s President Andry Rajoelina took a predictably commanding early lead on Friday in his bid for re-election in a vote marked by low turnout and an opposition boycott, preliminary results showed. The 49-year-old entrepreneur and former DJ rose to power on the Indian Ocean island in a 2009 coup, …
Madagascar president takes huge lead in early results of low turnout vote Read More »
By Marc Jones LONDON (Reuters) – The junta that seized power in Gabon in August has paid the first instalment of conservation fund money that forms a key part of a pioneering “debt-for-nature” deal sealed just before its coup. The $500 million debt swap was the first of its kind on continental Africa and saw …
Gabon’s junta pays first instalment of debt-for-nature fund money – TNC Read More »
AMSTERDAM (Reuters) – The International Criminal Court said on Friday it had ended proceedings against Vincent Otti, the former deputy head of the notorious Ugandan Lord’s Resistance Army (LRA), as it believed he had died. Otti was facing 32 charges of war crimes and crimes against humanity including murder, rape, forced enlistment of children, cruel …
War crimes court drops case against ex-LRA commander after his reported death Read More »
ABIDJAN (Reuters) – The former chief executive of Credit Suisse, Tidjane Thiam, on Friday submitted his candidacy to lead one of Ivory Coast’s main opposition parties, which could put him in the running for the 2025 presidential election. Thiam, 61, served as a minister under ex-president Henry Konan Bedie. He left the West African country …
Ex-Credit Suisse chief Thiam eyes Ivory Coast 2025 presidential race Read More »
ABUJA (Reuters) – Nigeria’s President Bola Tinubu will fly to Berlin on Saturday to attend the G20 Compact with Africa conference as he seeks to attract investments in energy and infrastructure and boost trade, his office said. The conference, hosted by German Chancellor Olaf Scholz, will focus on enhancing economic and business cooperation between African …
Nigeria’s Tinubu to attend ‘G20 Compact with Africa’ conference in Berlin Read More »
WASHINGTON (Reuters) – The United States, United Kingdom and Norway on Friday condemned escalating violence and human rights abuses in Sudan, especially in the Darfur region, the three countries said in a statement. The countries cited attacks by Sudan’s Rapid Support Forces (RSF), a paramilitary force drawn largely from Arab groups and allied Arab militias …
U.S., UK, Norway condemn escalating violence in Sudan’s Darfur -statement Read More »
