BLANTYRE (Reuters) – Malawi’s central bank said in a notice to authorised dealer banks seen by Reuters that it was devaluing the local kwacha currency’s exchange rate to the dollar by about 30% from Thursday. The notice said the kwacha’s exchange rate would be adjusted to 1,700 kwacha to the dollar from a selling rate …
Malawi central bank to devalue kwacha by about 30% -notice Read More »
By Humeyra Pamuk and Simon Lewis WASHINGTON (Reuters) -The Rafah border crossing into Gaza was closed on Wednesday due to an unspecified “security circumstance” but U.S. officials were working with Egypt and Israel to get it reopened, U.S. State Department deputy spokesperson Vedant Patel said. Rafah, which is controlled by Egypt and does not border …
Rafah crossing between Gaza and Egypt closed due to security -US State Dept Read More »
(Reuters) – U.S. Under Secretary of State Uzra Zeya and special envoy for Middle East humanitarian issues David Satterfield will meet with Egyptian and UN officials in Cairo to discuss facilitating humanitarian assistance into Gaza, the State Department said on Wednesday. Zeya, who focuses on democracy and human rights issues, will first travel to Paris …
Senior US diplomats head to Egypt to discuss humanitarian aid for Gaza Read More »
JOHANNESBURG (Reuters) -South Africa will call in Israel’s ambassador to issue him with a “demarche”, or formal reprimand, a senior foreign policy official said on Wednesday, potentially deepening divisions between the two countries over the war in Gaza. South Africa recalled its diplomats from Israel earlier this week to assess its relationship with the country …
South Africa to call in Israeli envoy for formal reprimand Read More »
JOHANNESBURG (Reuters) -South Africa’s rand weakened against a stronger dollar on Wednesday, as the greenback recovered from a sharp selloff last week. The rand was trading at 18.4975 against the dollar at 1530 GMT, about 0.9% weaker than its previous close. It hit a weekly high of 18.5474 earlier in the day. The dollar was …
By Camillus Eboh ABUJA (Reuters) – A Nigerian court on Wednesday granted bail to former central bank governor Godwin Emefiele, who is charged with procurement fraud and has been in detention since June. Emefiele appeared in court for the first time since August after Judge Olukayode Adeniyi on Monday ordered he should be released unconditionally …
Nigerian court grants ex-central bank head Emefiele bail after five months Read More »
By Joe Cash BEIJING (Reuters) – Suriname hopes to strike a deal with China by mid-December over rescheduling interest payments on its debt beyond 2024, its foreign minister told Reuters on Wednesday, the final piece in a push to restructure its international debt. The country wants to ensure interest payments do not balloon going forward …
Exclusive-Suriname hopes to strike debt deal with China by mid-December – minister Read More »
By Maggie Michael ADRE, Chad (Reuters) -People fleeing to Chad have reported a new surge in ethnically-driven killings in Sudan’s West Darfur as the paramilitary Rapid Support Forces (RSF) took over the main army base in the state capital, El Geneina. On Tuesday, a Reuters reporter saw a trail of men crossing from Darfur into …
Darfur refugees report new spate of ethnically driven killings Read More »
By Natalie Grover, Robert Harvey and Ahmad Ghaddar LONDON (Reuters) -Nigeria’s NNPC and Aiteo have launched a new grade of crude called Nembe through a joint venture, as Africa’s largest oil producer ramps up its oil output. Crude theft, attacks on pipelines in the Niger Delta and a lack of investment have meant output declines …
Nigeria launches new ‘Nembe’ grade as ramps up oil output Read More »
NAIROBI (Reuters) – Kenyan telecoms operator Safaricom and Japan’s Sumitomo Corp. have created a platform for supporting start-up companies, they said on Wednesday. Although African economies like Kenya were in the past seen as the next frontier for start-ups especially in the technology sector, entrepreneurs faced issues including lack of financing and proper market strategies. …
Kenya’s Safaricom, Sumitomo launch support platform for start-ups Read More »
