By Lovasoa Rabary ANTANANARIVO (Reuters) -Voting closed in the first round of Madagascar’s presidential election on Thursday, which took place despite a boycott by most opposition candidate and weeks of violent protests in the run-up to polling day. The election unfolded peacefully with a low-key security presence across the capital Antananarivo but turn-out was low. …
Opposition rejects Madagascar vote as counting underway Read More »
By Herbert Lash NEW YORK (Reuters) -The dollar meandered on Thursday after U.S. jobless claims rose more than expected last week, indicating a cooling labor market that could prompt the Federal Reserve to cut interest rates in early 2024 as it tries to engineer a soft landing. The dollar index, a measure of the U.S. …
Dollar steady as U.S. jobless claims boost Fed rate cut bets Read More »
By Maggie Michael ADRE, Chad (Reuters) – Food aid for more than half a million refugees who have fled from Sudan to Chad will run out next month without extra funding, a World Food Programme official said on Wednesday. “By December, there will be no assistance,” Pierre Honnorat, Chad country director for the U.N. agency, …
UN warns that food aid running out for Sudanese refugees in Chad Read More »
By Sarah El Safty CAIRO (Reuters) -Work on providing medical relief for Palestinians from the Gaza Strip should be concentrated within the besieged enclave, Egypt’s foreign minister said on Thursday. Egypt has received limited numbers of medical evacuees from Gaza through the Rafah crossing this month, most of whom have been taken to Egyptian hospitals …
Medical relief should be focused inside Gaza -Egyptian minister Read More »
By Aaron Ross ADDIS ABABA (Reuters) – An agreement being finalised with Ethiopia’s official bilateral creditors is expected to largely mirror a previous deal with China that suspended debt payments for the fiscal year ending next July, a senior finance ministry official said on Thursday. Eyob Tekalign, State Minister of Fiscal Policy and Public Finance, …
Ethiopia’s new debt-service suspension to mirror China deal – finance ministry Read More »
MONROVIA (Reuters) – Liberian opposition leader Joseph Boakai is holding a slight lead in a run-off election with 50.6% of the vote over President George Weah’s 49.4% after tallied results from about 87% of polling stations, the West African country’s elections commission said on Thursday. Boakai and Weah emerged neck-and-neck from the first round of …
Liberia presidential run-off: opposition’s Boakai maintains slim lead Read More »
By Maxwell Akalaare Adombila ACCRA (Reuters) – Ghana plans to introduce a more flexible oil royalties regime as soon as next year to spur investment and reduce risk for energy companies, the head of the state oil sector regulator said on Thursday. Egbert Faibille Jr, CEO of Ghana’s Petroleum Commission, told Reuters that the energy …
Ghana plans more flexible oil royalties regime to spur investment Read More »
By Nyasha Chingono (Reuters) – Zimbabwe’s horticultural sector, ravaged by violent land seizures 20 years ago, is recovering thanks to increased investment and is targeting $1 billion in exports by 2030, an industry body said on Thursday. The southern African country’s horticultural exports peaked at $140 million in 1999, before former President Robert Mugabe championed …
Zimbabwe horticulture sees green shoots, targets $1 billion exports Read More »
(Reuters) -Nigeria is withdrawing civil claims totalling $1.1 billion against Italian energy group Eni and related to allegations of corruption in a oilfield deal, Bloomberg News reported on Thursday. The West African country’s justice ministry will waive the claims before Italy’s highest court “unconditionally” and “with immediate effect” no later than Nov. 17, the report …
Nigeria withdraws $1.1 billion claim against Eni on oilfield deal Read More »
By Elisha Bala-Gbogbo and Chijioke Ohuocha ABUJA (Reuters) -Nigeria’s naira briefly slumped to a record low against the dollar in thin trading on the official market on Thursday, bringing the official exchange rate within touching distance of the parallel market rate. The currency of Africa’s biggest economy fell as low as 1,105 naira to the …
Nigeria’s naira briefly drops to record low on official market Read More »
