Reuters Africa

Watchdog proposes first set of global rules for crypto sector

By Huw Jones LONDON (Reuters) -International securities watchdog IOSCO unveiled on Tuesday the first global approach to regulating cryptoasset and digital markets, drawing on lessons from last year’s collapse of the FTX exchange that fuelled concerns over consumer protection. The industry, which typically only has to comply with anti-money laundering checks, has been calling for …

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Angola’s Isabel dos Santos dragged into $400 million London lawsuit

By Sam Tobin LONDON (Reuters) – Angolan billionaire Isabel dos Santos, daughter of the country’s former president, faces being dragged into a $400 million London lawsuit brought by Angolan telecoms operator Unitel. Unitel sued dos Santos’ Dutch company Unitel International Holdings (UIH) in 2020 over loans that were provided to fund UIH’s acquisition of shares …

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IMF staff, Kenya reach agreement on over $1 billion of new financing

By George Obulutsa NAIROBI (Reuters) – International Monetary Fund staff and Kenya have reached an agreement that could unlock more than $1 billion of new financing, which could help relieve pressure on government finances in East Africa’s largest economy. Kenya’s finances have been under strain from rising debt repayments and the effects of the worst …

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ICC prosecutors say Malian rebel was ‘enthusiastic’ war crimes perpetrator

By Stephanie van den Berg THE HAGUE (Reuters) -Prosecutors at the International Criminal Court (ICC) on Tuesday told the trial of a Malian Islamist rebel he was a key figure in the “blatant persecution” of the residents of Timbuktu and was an enthusiastic participant in war crimes. Prosecutors say Al Hassan Ag Abdoul Aziz was …

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Senegal opposition leader’s rape trial resumes amid fears of unrest

By Ngouda Dione and Bate Felix DAKAR (Reuters) -The delayed rape trial of Senegal’s opposition leader Ousmane Sonko resumed in his absence in the capital Dakar on Tuesday as defence lawyers withdrew from the case and his party called for public protest. Security forces patrolled crossroads and enforced a temporary ban on motorcycles as authorities …

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Director of Cannes’ first Sudanese film: I walk red carpet as people flee bullets

By Thomas Newey CANNES (Reuters) – For Mohamed Kordofani, being at the Cannes Film Festival is bittersweet: He directed the first Sudanese film to be included in the festival’s official selection as weeks of fighting in Sudan have driven nearly 1.1 million people from their homes. “I feel immensely honoured and very happy that the …

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