Reuters Africa - Squid Business

Congo electoral panel promises fair presidential poll but some candidates see flaws

KINSHASA (Reuters) – Democratic Republic of Congo’s electoral commission on Monday said it was ready to provide fair and credible polls next month despite a spiralling security crisis in the east and concerns about transparency in the run-up to the Dec. 20 general election. Campaigning is scheduled to begin next week after a tense and …

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Over 20 killed in Islamist militant attack on Congo village

BENI, Democratic Republic of Congo (Reuters) -At least 23 people were killed when Islamist militants raided a village in eastern Democratic Republic of Congo late on Sunday, a local official and a humanitarian worker said. The attackers tied up villagers and killed them with machetes and other weapons while others fled, said a civil society …

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Ethiopia’s Oromo rebels in Tanzania for peace talks

ADDIS ABABA (Reuters) – Rebels from Ethiopia’s Oromiya region said on Monday they were in Tanzania for a second round of talks with the Ethiopian government to try to end decades of fighting. The negotiations come more than six months after a first round of discussions between the Oromo Liberation Army (OLA) and Ethiopia’s government …

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At least 70 killed in attack on northern Burkina Faso village on Nov. 5 -prosecutor

DAKAR (Reuters) -At least 70 civilians have been killed, mainly elderly people and children, in an attack on a village in northern Burkina Faso earlier this month, a prosecutor said in a statement on Monday. Unidentified assailants attacked the village of Zaongo in Burkina Faso’s northern Centre-North region on Nov. 5, killing residents and setting …

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Egypt sells $1.61 billion of one-year dollar T-bills -central bank

CAIRO (Reuters) -Egypt sold $1.61 billion of one-year, dollar-denominated T-bills at auction on Monday at an average yield of 5.15%, the central bank said. The bills, which will be settled on Nov. 14, replace a similar amount of maturing one-year dollar T-bills that bore an average yield of 4.60%. (Reporting By Moaz Abd-Alaziz, Omar Abdel …

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IS-allied rebel group commander charged with murder of honeymooning tourists

KAMPALA (Reuters) – A commander in an Islamic State-allied rebel group was charged on Monday with nine offences including the murder of a honeymooning tourist couple and their aide in Uganda’s Queen Elizabeth National Park, court papers showed. Kyoto Abdul Rashid, of the militant Allied Democratic Forces (ADF), was captured earlier this month in a …

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South African rand edges lower ahead of economic data releases

JOHANNESBURG (Reuters) – The South African rand edged lower against the dollar on Monday, ahead of several closely watched local and global economic data releases. At 1535 GMT, the rand traded at 18.7625 against the dollar, down 0.12% on its previous close. The dollar last traded around 0.09% stronger against a basket of global currencies. …

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De Beers keeps production target despite supply glut

By Brian Benza GABORONE (Reuters) – De Beers, a unit of Anglo American, is sticking to its 2023 production target because it is confident of the long-term outlook, its chief executive said on Monday, despite a glut in diamond supply amid weakening demand. Global demand for diamonds has fallen to levels not seen since the …

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Kenya president urges progress on global treaty against plastic pollution

By Duncan Miriri NAIROBI (Reuters) -Negotiators working on the world’s first treaty to curb plastic pollution need to hurry up and strike a deal, Kenyan President William Ruto said on Monday at the start of talks in Nairobi. The world produces about 400 million metric tonnes of plastic waste annually and less than 10% of …

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Abundant rains, sun will help Ivory Coast’s cocoa crop – farmers

ABIDJAN (Reuters) – Downpours mixed with sunny spells in most of Ivory Coast’s main cocoa regions will help cocoa trees to go through the dry season, which runs from mid-November to March, farmers said on Monday. Last week’s weather conditions will boost the size of the October-to-March main crop and improve the soil moisture content, …

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