MOSCOW (Reuters) -Russia’s agriculture minister said on Friday that Moscow had begun free shipments of grain totalling up to 200,000 tonnes to six African countries, as promised by President Vladimir Putin in July. In a statement posted on Telegram, Dmitry Patrushev said that ships headed for Burkina Faso and Somalia had already left Russian ports, …
Russia says first free grain shipments to Africa are on their way Read More »
By Camillus Eboh ABUJA (Reuters) – A Nigerian court on Friday remanded former central bank governor Godwin Emefiele in custody on charges of procurement fraud, pending a bail hearing scheduled for Wednesday. Emefiele applied for bail after pleading not guilty to six new graft charges that accused him of “conferring corrupt advantage”. Prosecutors cut the …
Nigerian ex-central bank chief remanded in custody pending bail hearing Read More »
ADDIS ABABA (Reuters) – Ethiopia has cancelled a process seeking an international telecoms licence, a senior adviser at the finance ministry said on Friday, further delaying the potential entry of a third operator. The Ethiopian Communications Authority (ECA) launched the procedure, known as Request for Qualification, in June, after reviving the tender process in November …
Ethiopia cancels process for international telecoms licence -official Read More »
JOHANNESBURG (Reuters) – The South African rand was little changed in early trade on Friday, ahead of S&P’s sovereign credit rating review and talks by four U.S. Federal Reserve speakers that could move markets. At 0625 GMT, the rand traded at 18.3850 against the dollar, not far from its previous close of 18.3725. The dollar …
South African rand steady ahead of credit rating review Read More »
KOLKATA (Reuters) – South Africa may have suffered more Cricket World Cup semi-final heartache but coach Rob Walter believes they have laid a platform for the future with a core group of players after exceeding expectations at the most recent tournament in India. Poor starts with the bat and ball cost the side in their …
Cricket-S. Africa look forward to future success despite semi-final loss Read More »
By Stephanie Kelly NEW YORK (Reuters) -Oil prices dropped around 5% on Thursday to their lowest in four months, as investors worried about global oil demand following weak data from the U.S. and Asia. Brent futures settled down $3.76, or 4.6%, to $77.42 a barrel. U.S. West Texas Intermediate crude (WTI) shed $3.76, or 4.9%, …
Oil prices slump to 4-month low on U.S., Chinese economic concerns Read More »
UNITED NATIONS (Reuters) -Sudan asked the United Nations on Thursday to “immediately terminate” the U.N. political mission in the country (UNITAMS), Sudan’s acting Foreign Minister Ali Sadeq, told the U.N. Security Council in a letter seen by Reuters. “(The) government of Sudan requested that the United Nations immediately terminate the UNITAMS mission. At the same …
Sudan asks UN to ‘immediately terminate’ political mission -letter Read More »
(Reuters) – U.S. Secretary of State Antony Blinken spoke with his Egyptian counterpart Sameh Shoukry about efforts to increase humanitarian aid to Palestinians in urgent need, the State Department said on Thursday. Blinken reaffirmed the importance of concrete steps to minimize harm to Palestinian civilians in all of Gaza and reaffirmed Washington’s rejection of the …
Blinken spoke with Egypt’s Shoukry about Gaza humanitarian aid -State Dept Read More »
CAIRO (Reuters) -Egypt has sold a stake in tobacco products maker Eastern Co in its first foreign sale of a major state asset since it agreed to a privatisation programme with the IMF last December. The buyer was the UAE’s Global Investment Holding Co., Eastern CEO Hani Aman confirmed to Reuters on Thursday. Global Investment …
Egypt sells stake in tobacco firm Eastern Co to UAE company Read More »
By Koh Gui Qing and Marc Jones NEW YORK/LONDON (Reuters) -World stocks snapped a five-day rally on Thursday as investors took a breather, while oil prices slumped almost $4 per barrel to a four-month low, on signals of higher U.S. supply and lackluster Chinese demand. By the end of the session, MSCI’s gauge of stocks …
