Reuters Africa

Sub-Saharan Africa’s biggest economies to grow slower this year – Reuters poll

By Vuyani Ndaba JOHANNESBURG (Reuters) – Sub-Saharan Africa’s biggest economies will grow slower this year, crippled by chronic electricity supply problems in South Africa and cash shortages in Nigeria, a Reuters poll found, while softer commodity prices will also weigh. Dollar strength and critical shortages across the continent have made economic activity cumbersome and added …

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South Africa’s producer inflation slows to 10.6% y/y in March

JOHANNESBURG (Reuters) – South Africa’s producer inflation slowed to 10.6% year-on-year in March from 12.2% in February, statistics agency data showed on Wednesday. On a month-on-month basis, the producer price index was at 1.0% in March from 0.6% the previous month, Statistics South Africa said. (Reporting by Anait Miridzhanian; Editing by Alexander Winning)

World Bank Chief Economist Gill calls for new approaches to address ‘debt crisis’

By Andrea Shalal WASHINGTON (Reuters) – World Bank Chief Economist Indermit Gill is calling for new approaches to address the mounting debt crisis facing many countries, including steps to factor domestic borrowing into assessment of a country’s debt sustainability. Gill told Reuters the Common Framework set up by the Group of 20 major economies to …

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World Bank: Global migration to grow, needs better management

By David Lawder WASHINGTON (Reuters) – Rapid aging of both wealthy and middle-income countries will make their economies increasingly dependent on migration from poorer countries, and the process needs to be better managed, the World Bank said on Tuesday. The bank’s latest World Development Report said that about 184 million people across the world now …

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Sudanese man braves Khartoum battles to tend to wild animals at his sanctuary

By Anna Magdalena Lubowicka (Reuters) – Osman Salih in Khartoum has found it hard enough to protect his own family through days of heavy fighting that have hammered Sudan’s capital, yet he still battles on to prevent lions and other wild animals starving at a sanctuary he runs.     “We’re struggling on one side to …

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Portugal should apologise, confront past role in slavery, says president

By Catarina Demony LISBON (Reuters) -Portugal’s President Marcelo Rebelo de Sousa said on Tuesday his country should apologise and take responsibility for its role in the transatlantic slave trade, the first time a leader of the southern European nation has suggested such a national apology. From the 15th to the 19th century, 6 million Africans …

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