Reuters Africa - Squid Business

Senegal opposition leader’s presidential bid in doubt after appeal court ruling

By Ngouda Dione and Diadie Ba DAKAR (Reuters) -The presidential bid of a popular Senegalese opposition politician was thrown into doubt on Monday after a court of appeal handed him a heavier suspended sentence in a libel case, triggering a small protest in Dakar that riot police quelled with tear gas. The ruling against Ousmane …

Senegal opposition leader’s presidential bid in doubt after appeal court ruling Read More »

Gunmen in Nigeria kidnap 40 worshippers from church

KADUNA, Nigeria (Reuters) – Gunmen abducted 40 people from a church in a remote village in northern Nigeria, a local Christian group said on Monday, in the latest attack against worshippers. Armed gangs, known locally as bandits, have been abducting people from villages, schools and highways mostly in the northwest of the country, where government …

Gunmen in Nigeria kidnap 40 worshippers from church Read More »

Sudanese pin hopes on Jeddah talks between warring factions

KHARTOUM (Reuters) -Sudanese are pinning their hopes on talks in Saudi Arabia between envoys of warring factions to end bloodshed that has killed hundreds and triggered a mass exodus, but there is no sign lasting relief will come anytime soon. There has been no word on the progress of the talks which began on Saturday …

Sudanese pin hopes on Jeddah talks between warring factions Read More »

Oil climbs over 2% as recession fears begin to fade

By Stephanie Kelly NEW YORK (Reuters) -Oil prices rose over 2% on Monday as U.S. recession fears eased and some traders saw crude’s three-week slide on demand worries as overdone. Brent crude settled up $1.71, or 2.3%, at $77.01. U.S. West Texas Intermediate (WTI) crude also gained $1.82, or 2.6%, to $73.16. A healthy U.S. …

Oil climbs over 2% as recession fears begin to fade Read More »

Nigerian niqab-wearing chef seeks to break stereotypes about Muslim women

LAGOS (Reuters) – (This May 4 story has been corrected to change the name of Muslim face veil in the headline and paragraph 1, reword paragraph 1 to clarify that not all Muslim women wear niqabs, and add explanation of hijab in paragraph 5) Sherifah Yunus Olokodana, an entrepreneur who has carved out a niche …

Nigerian niqab-wearing chef seeks to break stereotypes about Muslim women Read More »

South African rand firmer as dollar weakens

JOHANNESBURG (Reuters) -South Africa’s rand firmed and stocks rose on Monday, with the dollar slightly weaker on bets that U.S. interest rates have peaked. At 1541 GMT the rand traded at 18.2925 against the dollar, up about 0.7% from its closing level on Friday. The dollar was down about 0.1% against a basket of major …

South African rand firmer as dollar weakens Read More »

Tight security as Nigeria presidential election result challenged

By Camillus Eboh ABUJA (Reuters) – Police blocked roads in the centre of Nigeria’s capital on Monday as judges started hearing opposition petitions disputing president-elect Bola Tinubu’s victory in February’s presidential election. Yards away from the Court of Appeal in Abuja, around 100 protesters stood quietly holding up pre-printed banners saying Tinubu should not be …

Tight security as Nigeria presidential election result challenged Read More »

Egyptian inflation seen inching lower in April – Reuters poll

CAIRO (Reuters) – Egypt’s headline inflation rate is likely to edge down in April from a five and a half year high the month before, a Reuters poll showed on Monday, helped by a favourable base effect, a steady currency and weaker commodity prices. The median forecast of 13 analysts polled showed annual urban consumer …

Egyptian inflation seen inching lower in April – Reuters poll Read More »

S.Africa’s Redefine to add more solar capacity to cope with blackouts

By Tannur Anders JOHANNESBURG (Reuters) -South African commercial property group Redefine is looking at boosting its solar power generation capacity as it seeks to reduce its reliance on struggling state-owned electricity utility Eskom, it said on Monday. Eskom is implementing the worst blackouts on record, often leaving households without electricity for up to 10 hours …

S.Africa’s Redefine to add more solar capacity to cope with blackouts Read More »

Zimbabwe prize-winning novelist acquitted over anti-government protest

By Nyasha Chingono HARARE (Reuters) – Acclaimed Zimbabwean novelist Tsitsi Dangarembga was acquitted on Monday by the country’s High Court for staging an anti-government protest in 2020, for which she had initially received a six-month suspended jail sentence and a fine. Dangarembga was found guilty by a lower court in 2022 on charges of participating …

Zimbabwe prize-winning novelist acquitted over anti-government protest Read More »