Reuters Africa

By Daphne Psaledakis and Humeyra Pamuk WASHINGTON (Reuters) – Security challenges in West Africa following the coup in Niger last year will be among key topics U.S. Secretary of State Antony Blinken will discuss with African leaders next week during his trip to the region, the State Department’s top Africa diplomat said on Thursday. Blinken …

Top US diplomat Blinken to discuss security challenges during West Africa trip next week Read More »

ACCRA (Reuters) – Ghana’s currency is expected to strengthen against the dollar in the next week to Thursday, while the Nigerian naira and Kenyan shilling are seen weakening with Uganda’s shilling holding steady, traders said. GHANA Ghana’s cedi is expected to strengthen in the week ahead due to an expected disbursement of $600 million from …

AFRICA-FX-Ghana’s cedi to firm, Kenyan and Nigerian currencies to weaken Read More »

KINSHASA (Reuters) -Two of the main opposition candidates in Democratic Republic of Congo’s December presidential election have called for a protest this Saturday, when President Felix Tshisekedi is due to be sworn in for a second term. Tshisekedi and his party won the Dec. 20-24 general election by a landslide, but the vote was marred …

Congo opposition leaders call for protest on inauguration day Read More »

MOMBASA, Kenya (Reuters) – Kenyan cult leader Paul Mackenzie and 94 others were charged on Thursday with terrorism-related crimes related to the deaths of 429 of his followers whose bodies have been exhumed from the Shakahola forest. The charges, announced during an appearance before a court in the southeastern city of Mombasa, are the first …

Kenya cult leader charged with terrorism-related crimes in starvation deaths Read More »

By Patrick Werr CAIRO (Reuters) – A sharp downturn in revenue after sea attacks by Yemen’s Houthis diverted away shipping away from the Suez Canal has struck a painful new blow to Egypt’s already deteriorating economy, adding urgency to the need for reforms and help from abroad. Nearly all Egypt’s main sources of foreign currency …

Suez Canal diversions pile pressure on Egypt’s distressed economy Read More »

By Libby George LONDON (Reuters) – Nigeria’s central bank still lacks the foreign exchange to clear the backlog of demand, and the country’s high interest payment to revenue ratio weighs on its sovereign credit rating, Fitch said on Thursday. Africa’s largest economy has thus far cleared just $2 billion of a backlog of some $7 …

Nigeria’s central bank cannot quickly clear forex backlog – Fitch Read More »

ABUJA (Reuters) – Nigerian prosecutors on Thursday added 14 new criminal charges, including forgery, against former central bank governor Godwin Emefiele in the most high-profile corruption case under President Bola Tinubu. Emefiele, who presided over the affairs of the central bank for nine years, resigned last year after he was arrested and spent five months …

Nigeria slaps 14 new criminal charges against ex-central bank chief Read More »