Reuters Africa - Squid Business

Kellogg buys key ingredient from conflict-ridden Sudan but sees no shortage now -CEO

By Jessica DiNapoli NEW YORK (Reuters) -Kellogg Co has a stable reserve of a key ingredient used in its Pop Tarts breakfast pastries that it sources from war-torn Sudan, CEO Steve Cahillane told Reuters in an interview on Thursday. Cahillane said the U.S. food manufacturer did not see any risk to its “safety stock” of …

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Burkina Faso interim leader hails Russia as a strategic ally

OUAGADOUGOU (Reuters) – Burkina Faso’s interim President Ibrahim Traore on Thursday said Russia had become a key strategic ally but denied that Russian mercenaries were supporting Burkinabe forces in their fight against Islamist armed groups. The West African country’s relations with Moscow are in the spotlight after it booted out French troops in February and …

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Heavy fighting in Khartoum; Sudan’s children caught in conflict, UN says

By Khalid Abdelaziz and Mohamed Noureldin KHARTOUM (Reuters) -Fierce fighting persisted in Sudan on Thursday despite a truce agreement as U.S. intelligence said rival forces were trying to gain the upper hand ahead of possible negotiations and the U.N. warned of the violence’s devastating toll on children. Despite multiple ceasefire declarations, the two sides appeared …

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Tunisia facing unprecedented migration crisis as bodies wash ashore

By Tarek Amara SFAX, Tunisia (Reuters) – Bodies of drowned migrants wash up most days on Tunisian beaches, lie unclaimed in hospital corridors and fill morgues, evidence of a surge in people seeking to cross the Mediterranean that has been accelerated by a government crackdown. Coastguard patrols return to the port of Sfax crammed with …

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Stocks fall, dollar rises as investors eye weakening economy

By Sinéad Carew NEW YORK (Reuters) – A global measure of stocks fell for the fourth consecutive day while the dollar gained some ground as the European Central Bank raised rates on Thursday and signalled the need for more tightening a day after the U.S. Federal Reserve also raised rates. U.S. Treasury yields were lower …

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Oil settles narrowly mixed after smaller ECB hike; demand concerns linger

By Laura Sanicola (Reuters) – Oil prices settled nearly unchanged on Thursday after the European Central Bank (ECB) decided to slow the pace of interest rate hikes, with prices still down more than 9% for the week on demand concerns in major consuming countries. Brent futures settled up 17 cents, or 0.24%, to $72.50 a …

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Kenyan cult leader to remain in prison after more than 100 followers die

NAIROBI (Reuters) -A Kenyan cult leader accused of ordering his followers to starve themselves to death will be detained by police until a hearing on Friday, a court ruled on Tuesday as investigators searched for more bodies in a forest where 101 corpses have already been unearthed. Kenyan authorities say the dead were members of …

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Kenya court frees pastor accused of links to cult leader

MOMBASA, Kenya (Reuters) – A Kenyan court on Thursday released on bond a televangelist detained last week as part of an investigation into the deaths of dozens of people whom police say starved themselves to death on the instructions of a cult leader. Kenya’s interior minister accused Pastor Ezekiel Odero after his arrest last Thursday …

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WFP says $13 million-14 million worth of food looted in Sudan

By Gabrielle Tétrault-Farber GENEVA (Reuters) – The World Food Programme (WFP) has estimated that $13 million to $14 million worth of food products destined to people in need in Sudan have been looted since fighting broke out last month, the WFP said on Thursday. Country director Eddie Rowe, speaking to Reuters from Port Sudan via …

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Arab foreign ministers to discuss Syria, Sudan in Cairo

CAIRO (Reuters) – Arab foreign ministers will meet at the Arab League in Cairo on Sunday to discuss Syria, a League spokesman said, amid a regional push to normalise ties with Syrian President Bashar al-Assad after a decade of estrangement. The foreign ministers will hold a separate meeting on Sunday to address the conflict that …

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