Reuters Africa

How Sudan’s military factions set path to war as mediation stalled

By Khalid Abdelaziz, Nafisa Eltahir and Aidan Lewis KHARTOUM (Reuters) -Alarmed that movements of rival military factions in Sudan could bring bloodshed, a group of mediators pushed for last-ditch talks between army chief Abdel Fattah al-Burhan and paramilitary commander General Mohamed Hamdan Dagalo two weeks ago. But neither of Sudan’s two most powerful men showed …

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Guyana grants production license for Exxon consortium’s fifth oil project

GEORGETOWN (Reuters) – Guyana’s government on Friday announced it approved a production license for a consortium led by Exxon Mobil to develop its fifth and most expensive oil project in the country, Uaru, the Natural Resources ministry said. The 20-year license came after Guyana’s environmental agency authorized the $12.7 billion project. A field development plan …

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Diamond sales at Botswana’s Debswana drop marginally in cautious market

GABORONE (Reuters) – Rough diamond sales by Debswana Diamond Co dropped slightly in the first three months of the year, data released by the Bank of Botswana showed on Friday, as the market was more cautious about the current uncertain global macroeconomic outlook. Debswana, a joint venture between Anglo American Plc unit De Beers and Botswana’s government, …

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Wall Street ends sharply lower, Treasury yields slide as recession fears mount

(This April 25 story has been corrected to rectify the name of the firm to Morgan Stanley Investment Management, not Morgan Stanley Asset Management, in paragraph 14) By Stephen Culp NEW YORK (Reuters) – U.S. stocks sold off, closing deep in negative territory, and Treasury yields dropped on Tuesday as disappointing earnings and soft economic …

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