Reuters Africa

UN helicopter carrying ‘several’ foreigners captured by al Shabaab in Somalia

MOGADISHU (Reuters) -Al Shabaab militants captured a United Nations helicopter carrying two Somali men and several foreigners when it made an emergency landing in an area controlled by the Islamist group, a military official said on Wednesday. The aircraft encountered a defect shortly after taking off from Beledweyne city in central Somalia, Major Hassan Ali …

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Nigeria cenbank sacks boards of three lenders for regulatory failures

ABUJA (Reuters) – Nigeria’s central bank has sacked the boards and management of three lenders for non-compliance with banking regulations and corporate governance failures, it said on Wednesday. The affected lenders are privately held Union Bank, Keystone Bank and Polaris Bank, each of which had come under government control in the past. The move by …

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Egypt’s PM, Maersk officials discuss developments in Red Sea

(Reuters) – Egypt’s Prime Minister Mostafa Madbouly discussed developments in the Red Sea with officials from shipping group Maersk in a video conference and ways to enhance cooperation, a statement from the Egyptian cabinet said on Wednesday. Madbouly stressed the centrality of the security and safety of maritime navigation in the Red Sea to Egypt’s …

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Exxon Mobil says in talks with Algeria to explore oil and gas

By Lamine Chikhi and Sabrina Valle ALGIERS/HOUSTON (Reuters) -U.S. oil producer Exxon Mobil confirmed on Wednesday that it is in talks with Algeria’s national state-owned oil company Sonatrach about oil and gas exploration opportunities in the North African country. Algerian Energy Minister Mohamed Arkab said on Tuesday that a deal is expected to be reached …

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India pledges ‘appropriate action’ after completing cough syrup bribe probe

By Krishna N. Das NEW DELHI (Reuters) – India will take “appropriate action” after completing an investigation into a complaint that a drug regulator helped switch samples of cough syrup linked to the death of children in Gambia in return for a bribe, two officials said on Wednesday. The World Health Organization (WHO) linked the …

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Vopak consortium selected to operate new LNG terminal in South Africa

CAPE TOWN (Reuters) – South Africa has selected a Vopak consortium as the preferred bidder to develop and operate a liquefied natural gas (LNG) terminal at the Port of Richards Bay for 25 years, state-owned Transnet National Ports Authority said on Wednesday. Vopak, a Dutch company which operates terminals and storage facilities worldwide, partnered with …

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