Reuters Africa

China says African countries want industrialisation over infrastructure

By Carien du Plessis and Tannur Anders JOHANNESBURG (Reuters) – African countries want China to shift its focus from building infrastructure on the continent to local industrialisation, China’s top Africa diplomat said on Tuesday at a briefing on the sidelines of the BRICS summit in South Africa. “African integration is already escalating and many African …

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South African rand lifted by falling U.S. yields as BRICS summit kicks off

JOHANNESBURG (Reuters) -The South African rand gained on Tuesday as risk appetite returned to global markets due to falling U.S. Treasury yields, as the first day of the BRICS summit of emerging economies kicked off in Johannesburg. At 1605 GMT, the rand traded at 18.7900 against the dollar, about 0.9% stronger than its previous close. …

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Ethiopia says it will investigate alleged migrant killings with Saudi Arabia

ADDIS ABABA (Reuters) – Ethiopia will work with Saudi Arabian authorities to investigate allegations made by a human rights group that hundreds of Ethiopian migrants have been killed by the kingdom’s border guards, its foreign ministry said on Tuesday. Saudi Arabian officials did not respond to a request for comment about the investigation. A Saudi …

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UK police charge former Nigerian oil minister Alison-Madueke with bribery

By Michael Holden and Estelle Shirbon LONDON (Reuters) -British police said on Tuesday they had charged former Nigerian oil minister Diezani Alison-Madueke with bribery offences, saying they suspected she had accepted bribes in return for awarding multi-million pound oil and gas contracts. Nigeria, Africa’s most populous nation and top oil producer, has one of the …

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Ethiopia aims to end ‘illegal administration’ in disputed territory

ADDIS ABABA (Reuters) – Ethiopia plans to organise a referendum to determine the status of territory disputed by the country’s Tigray and Amhara regions, the defence minister said on Tuesday. The government also vowed to dissolve what it called an “illegal administration” in the area run by the Amharas, potentially risking a further backlash from …

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Large investments expected at first Africa climate summit

By Duncan Miriri NAIROBI (Reuters) – Deals worth hundreds of millions of dollars are expected to be struck at next month’s Africa Climate Summit, including increasingly popular nature-based investments, the event’s main organiser said on Tuesday. African officials hope the meeting will strengthen the continent’s voice and send a unified message ahead of the COP28 …

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Exclusive-S.African power utility Eskom gets $850 million tranche of state help with debts

By Promit Mukherjee JOHANNESBURG (Reuters) – South Africa’s Treasury has paid 16 billion rand ($852 million) to heavily indebted power utility Eskom, the first tranche of a debt relief package that will wipe off more than half its liabilities, acting CEO Calib Cassim said on Tuesday. The Treasury offered a total of 254 billion rand …

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