Reuters Africa - Squid Business

Russia and Niger agree to develop military ties, Moscow says

(Reuters) – Russia and Niger, under military rule since a coup last year, have agreed to develop military cooperation, the Russian Defense Ministry said on Tuesday. According to Russian news agencies, Russian Deputy Defense Ministers Yunus-Bek Yevkurov and Alexander Fomin met Niger’s junta-appointed Defense Minister Salifu Modi on Tuesday. “The parties noted the importance of …

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Forty Tunisian migrants missing after setting off in a boat toward Italy coast

TUNIS (Reuters) – About 40 Tunisian migrants were missing after setting off in a boat toward the Italy coast last week, the national guard said on Tuesday. Tunisia is facing a migration crisis and has replaced Libya as a main departure point for people fleeing poverty and conflict in Africa and the Middle East in …

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Shell to exit Nigeria’s troubled onshore oil after nearly a century

By Ron Bousso LONDON (Reuters) -Shell is set to conclude nearly a century of operations in Nigerian onshore oil and gas after agreeing to sell its subsidiary there to a consortium of five mostly local companies for up to $2.4 billion. The British energy giant pioneered Nigeria’s oil and gas business beginning in the 1930s. …

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South African rand falls as dollar jumps on rate outlook

JOHANNESBURG (Reuters) -South Africa’s rand lost more than 1% against the dollar on Tuesday as investors tempered expectations for a March interest rate cut from the U.S. Federal Reserve and Red Sea attacks weighed on risk sentiment. At 1605 GMT the rand traded at 18.9625 against the U.S. dollar, about 1.5% weaker than its previous …

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Congo police break up small protest over parliamentary election results

KINSHASA (Reuters) – Police in Democratic Republic of Congo on Tuesday dispersed a small protest in the capital Kinshasa against the provisional results of the December legislative election, the latest flare-up in tensions over the disputed poll. Around 50 supporters of the Movement for the Liberation of the Congo (MLC) party briefly took to the …

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Tanzania says it has lifted ban on Kenya Airways flights

DAR ES SALAAM (Reuters) – Tanzania said on Tuesday it had reinstated approval for Kenyan national carrier Kenya Airways to operate flights between the Kenyan capital Nairobi and Tanzania’s commercial capital Dar es Salaam. In a tit-for-tat move, Tanzania announced on Monday it had banned Kenya Airways flights after Nairobi refused to grant a request …

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Sudan says it suspends contact with IGAD mediation group

CAIRO (Reuters) -Sudan has suspended its involvement in mediation efforts with IGAD, a group of East African nations that has sought to broker talks between the army and the paramilitary force it has been fighting for months, the foreign ministry said on Tuesday. IGAD had offered to mediate between the heads of the Sudanese army …

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Thungela sees ‘limited impact’ from latest Transnet train derailment

(Reuters) -South Africa’s Thungela Resources on Tuesday said it does not expect a derailment on the country’s main coal export line to significantly impact its operations. State-owned freight rail operator Transnet was on Tuesday still working to clear the line to Richards Bay, South Africa’s major coal export port, after two trains collided on Sunday, …

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Suicide bombing kills three, injures two in Somali capital – police

MOGADISHU (Reuters) – A suicide bomb blast in Somalia’s capital city Mogadishu killed three people and injured two others, Somali authorities said on Tuesday, with the militant group al Shabaab claiming responsibility for the attack. While being pursued by police, a suicide bomber blew himself up outside the Al Hindi restaurant in Mogadishu’s Hamar Weyne …

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TIMELINE – Shell in Nigeria

LONDON (Reuters) – Shell pioneered Nigeria’s oil and gas industry and remains a major investor in the West African country even after exiting its onshore operations. But over the decades the British company has come under fire over spills in the Delta region and struggles with oil theft, corruption and oil-fuelled violence. Following are some …

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