CAIRO (Reuters) – Approximately 700 people were reportedly killed in West Darfur after clashes between the Sudanese army and paramilitary Rapid Support Forces (RSF) in El Geneina on Nov. 4 and 5, the International Organization for Migration (IOM) said in a statement. One hundred were injured and 300 others are reported missing, IOM added on …
NEW YORK (Reuters) – Egypt will close the sale of a group of seven hotels, several of them historic, by the end of the year, the head of the Sovereign Fund of Egypt Ayman Soliman said on Thursday. “It has been awarded. So we’re now in partnership moving towards a close before the end of …
Egypt’s sovereign fund to complete historic hotels sale by year-end Read More »
ACCRA (Reuters) -The African Development Bank (AfDB) has approved a $102.6 million budget support programme for Ghana focused on fiscal consolidation and economic recovery, the bank and Ghana’s finance ministry said on Thursday. Ghana, which produces gold, cocoa and oil, is in talks with bilateral and commercial creditors to restructure its debts amid its worst …
African Development Bank approves $102.6 million support programme for Ghana Read More »
By Carielle Doe and Alphonso Toweh MONROVIA (Reuters) – Liberians will vote on Tuesday in a runoff election between President George Weah and former vice president Joseph Boakai after a fiercely fought first round in which neither was able to score over 50% of the vote to secure an outright victory. Former soccer star Weah …
Liberia heads to competitive runoff between President Weah and former VP Boakai Read More »
RIYADH (Reuters) -The Saudi Fund for Development will sign agreements worth 2 billion riyals ($533 million) with African countries, Saudi Finance Minister Mohammed Al-Jadaan said on Thursday during the Saudi-Arab-African Economic Conference in Riyadh. “We are working with partners to support Ghana and other countries regarding their debt,” Jadaan added. Saudi Investment Minister Khalid Al-Falih …
Saudi Arabia to sign deals worth over $500 million with African nations -minister Read More »
By Abdi Sheikh MOGADISHU (Reuters) – The worst flooding to hit Somalia in decades has killed 29 people and forced more than 300,000 to flee their homes, the National Disaster Management Agency said on Wednesday, following heavy rains that have inundated towns across East Africa. Authorities have scrambled to rescue thousands of stranded people from …
Worst floods in decades kill 29 in Somalia, hit towns across East Africa Read More »
By Promit Mukherjee JOHANNESBURG (Reuters) -South Africa will miss its binding 2030 carbon emissions targets under the Paris climate agreement, three senior government officials confirmed, as the country plans to run eight coal-fired power plants for longer than planned. South Africa is the world’s 11th biggest greenhouse gas emitter and has one of the world’s …
Exclusive-South Africa to miss 2030 emissions goal as it keeps coal plants burning Read More »
By Rachel Savage LUANDA (Reuters) – Angola will push ahead with removing all fuel subsidies by the end of 2025, which should enable state oil company Sonangol to pay taxes and dividends again, the country’s finance minister Vera Daves de Sousa said. Squeezed by surging debt costs and high pump prices, governments across Africa are …
Reuters NEXT – Angola to scrap fuel subsidy by end-2025, says finance minister Read More »
(Reuters) – Burkina Faso’s military junta is abusing an emergency law to conscript perceived dissidents and critics to join a deadly fight against militants linked to Al Qaeda and Islamic State, warned lawyers, journalists and watchdog Human Rights Watch this week. In a series of statements, civil society groups and unions for journalists and lawyers …
Burkina Faso junta’s conscription of critics rattles civil society and unions Read More »
NAIROBI (Reuters) – Kenya will in December pay back $300 million of a $2 billion Eurobond that falls due next June, President William Ruto said on Thursday. The East African nation is being watched closely to see how it handles the bond due to its growing debt repayments, weakening currency and a surge in yields …
Kenya to pay back $300 million of $2 billion bond in December – Ruto Read More »
