By Natalie Grover and Jennifer Rigby LONDON/ACCRA (Reuters) -Ghana has become the first country in the world to approve a new malaria vaccine from Oxford University, a potential step forward in fighting a disease that kills hundreds of thousands of children each year. The approval is unusual as it comes before the publication of final-stage …
ISTANBUL (Reuters) – Ankara and Cairo will cooperate more closely regarding Libya, where they back opposing sides, Turkish Foreign Minister Mevlut Cavusoglu said on Thursday, marking another step in the rapprochement between the two regional powers. Cavusoglu’s comments come as the two countries work to mend ties after being at odds for a decade, having …
Turkey, Egypt say they will cooperate more closely on Libya Read More »
WASHINGTON (Reuters) – The International Monetary Fund said on Thursday it had not received any request from Tunisia to re-evaluate loan conditions while also denying it had imposed ‘diktats’ on the country as it considers a bailout package. “The Tunisian authorities did not ask us to reconsider the program so far,” Jihad Azour, director of …
IMF says has not received request from Tunisia to re-examine reforms Read More »
By Jorgelina do Rosario WASHINGTON (Reuters) – Ethiopia is in talks with the International Monetary Fund (IMF) to borrow at least $2 billion under a reform program, four sources familiar with the matter told Reuters. The IMF is still working on assessing the country’s debt sustainability after a request for a program equivalent to about …
Exclusive-Ethiopia seeking $2 billion under IMF program, sources say Read More »
By Kopano Gumbi and Tannur Anders JOHANNESBURG (Reuters) -South Africa needs to urgently fix energy, transport and security challenges if it is to reverse souring investor sentiment, executives said on Thursday as President Cyril Ramaphosa targets 2 trillion rand ($111 billion) in new investments over the next five years. Executives were speaking at the South …
South Africa targets $111 billion investment goal in tough investor climate Read More »
By Joe Bavier and Jorgelina do Rosario WASHINGTON (Reuters) -Angola’s next sovereign debt issuance will be an ESG bond of up to $1 billion, its finance minister told Reuters on Thursday, but she added that the southern African oil producer’s government would not tap the market this year. Angola, like other African frontier market nations, …
Angola’s next debt issuance to be ESG bond, but not in 2023 Read More »
By Joe Bavier and Jorgelina do Rosario WASHINGTON (Reuters) – Angola’s next sovereign debt issuance will be an ESG bond of up to $1 billion, its finance minister told Reuters on Thursday, but she added that the southern African oil producer’s government would not tap the market this year. Angola, like other African frontier market …
Angola’s next debt issuance to be ESG bond, but not in 2023 Read More »
TUNIS (Reuters) – The Algerian parliament approved on Thursday a new media law that tightens control over the work of journalists and imposes new restrictions. While the government said the law is key to ensuring the free exercise of media activity under legal controls, Reporters Without Borders (RSF) said the law included ‮”‬negative chapters‮”‬ that …
Algerian parliament approves a new law that tightens control over the media Read More »
By Herbert Lash and Amanda Cooper NEW YORK/LONDON (Reuters) – A gauge of global stocks rallied and bond yields were steady on Thursday after moderating U.S. producer prices and a jump in weekly jobless claims bolstered bets that the Federal Reserve may soon pause its hiking of interest rates to tame high inflation. Gold hit …
Stocks gain, gold jumps as Fed rate hike pause seen Read More »
By Shariq Khan BENGALURU (Reuters) -Oil prices fell a dollar a barrel on Thursday, as an OPEC report stoked summer demand worries and traders took profits after benchmarks scaled multi-month highs in the previous session. Brent crude fell $1.24, or 1.4%, to settle at $86.09 a barrel, only the second time this month that the …
Oil drops 1% after scaling multi-month highs on OPEC’s demand warning Read More »
