By Stephanie van den Berg, Anthony Deutsch, Toby Sterling THE HAGUE (Reuters) -South Africa accused Israel on Thursday of carrying out genocide in Gaza and demanded that the U.N.’s top court order an emergency suspension of Israel’s devastating military campaign in the Palestinian enclave. On the first of two days of hearings at the International …
At World Court, South Africa accuses Israel of genocide in Gaza Read More »
By Scott DiSavino NEW YORK (Reuters) – Oil prices gained about 1% on Thursday after Iran seized an oil tanker off the coast of Oman, raising the prospect of escalating conflict in the Middle East. Brent futures rose 61 cents, or 0.8%, to settle at $77.41 a barrel, while U.S. West Texas Intermediate (WTI) crude …
Oil up 1% as Middle East tensions offset US inflation worries Read More »
KIGALI/BUJUMBURA (Reuters) – The Rwandan government on Thursday said Burundi had decided to shut its border with the East African nation, weeks after the Burundian president accused it of hosting a rebel group. Burundi’s President Evariste Ndayishimiye in late December accused Rwanda of hosting and training the Red Tabara rebel group, which claimed responsibility for …
By David Lawder WASHINGTON (Reuters) – The International Monetary Fund on Thursday said it was holding discussions with Egypt on policies that would make the country’s $3 billion IMF program successful, but that additional financing would be “critical.” IMF spokesperson Julie Kozack told a regular news briefing that financing amounts and potential disbursements to the …
IMF says additional financing for Egypt ‘critical’ for success of loan program Read More »
(Reuters) -Ghana hopes to finish by Friday reviewing a draft term sheet on debt relief from its official creditors to restructure $5.4 billion of debt, Bloomberg News reported on Thursday. An agreement between Ghana and its official creditors including China and France would pave the way for the IMF Executive Board to approve the disbursement …
Ghana hopes to agree official creditor debt relief terms by Friday – Bloomberg News Read More »
NAIROBI (Reuters) – Kenya’s shilling, Ghana’s cedi and Zambia’s kwacha are seen weakening against the dollar in the coming week, while Uganda’s shilling and Nigeria’s naira are expected to hold steady, traders said on Thursday. KENYA Kenya’s shilling is expected to weaken due to increased demand for dollars from all sectors of the economy and …
AFRICA-FX- Kenya, Ghana and Zambia currencies seen under pressure Read More »
TRIPOLI (Reuters) – Protesters have threatened to shut down two oil and gas facilities near the Libyan capital Tripoli, with one group that is campaigning against corruption issuing a 72-hour ultimatum that ends on Friday. The group called the Corruption Eradication Movement said in a video statement online that it would “stop the pumping of …
Protesters in Libya threaten to shut down oil and gas facilities Read More »
By Ange Kasongo and Benoit Nyemba KINSHASA (Reuters) – The Congo River has risen to its highest level in more than 60 years, causing flooding throughout the Democratic Republic of Congo (DRC) and Congo Republic that has killed more than 300 people over the past months, according to authorities. Poor urban planning and weak infrastructure …
Hundreds dead as Congo River basin submerged by generational floods Read More »
By Abdi Sheikh MOGADISHU (Reuters) – Somalia’s government is working to rescue the passengers of a U.N. helicopter that was captured by al Shabaab militants, a spokesperson said on Thursday, but military officers said it would be difficult to access the area where they were taken. The U.N.-contracted helicopter was conducting an air medical evacuation …
Somalia says it’s working to rescue hostages from UN helicopter Read More »
BEIJING (Reuters) – China’s foreign minister Wang Yi will travel to Africa and visit Egypt, Tunisia, Togo and Cote d’Ivoire from Jan. 13-18, China’s foreign ministry said on Thursday. The visit will mark the 34th consecutive year in which the foreign minister has gone to Africa for their first overseas trip of the year, foreign …
Chinese foreign minister Wang Yi to travel to Africa in Jan Read More »
