Reuters Africa

By Felix Onuah ABUJA (Reuters) -Nigeria will pay 1.8 trillion naira ($4 billion) extra interest in 2023 if parliament rejects a loan-to-bond swap request on the central bank’s overdrafts to the government, President Muhammadu Buhari said on Tuesday after signing the 2023 budget into law. The Senate last week delayed a decision on the president’s …

Nigeria to pay $4 billion extra in 2023 if lawmakers reject loan-bond swap – president Read More »

JOHANNESBURG (Reuters) – Offshore investors sold a net 1.70 billion rand ($100.10 million) of South African stocks last week, data from the Johannesburg Stock Exchange showed on Tuesday. Settlement data on bonds showed net sales of 2.23 billion rand, while trading data showed net purchases of 0.18 billion rand. ($1 = 16.9832 rand) (Reporting by …

Offshore investors net sellers of South African stocks Read More »

By Tarek Amara TUNIS (Reuters) – Three prominent opponents of Tunisian President Kais Saied said on Monday that they had received notices from prosecutors that they were under investigation, including one related to assaulting public security and insulting the president. Days ago Saied had warned that judicial actions must be taken against those who defame …

Three prominent opponents of Tunisian president say they are under investigation Read More »

BLANTYRE, Malawi (Reuters) -Malawi has delayed the opening of public schools in the southern African country’s two major cities of Blantyre and Lilongwe, the health minister said Monday, to try to slow down a surge in cholera deaths. The total number of cases and deaths has accelerated to 17,824 and 595 respectively since cases were …

Malawi delays reopening schools as cholera cases surge Read More »

(Reuters) -The United States has dropped Burkina Faso from its AGOA trade preference program citing deep concerns over “unconstitutional change” in government in the West African country, the U.S. Trade Representative’s (USTR) office said on Sunday. Frustrations over the government’s inability to curb an Islamist insurgency spurred two military coups in Burkina Faso in 2022. …

U.S. cuts off Burkina Faso from Africa duty-free trade program Read More »

RABAT (Reuters) – Morocco will impose a ban on people arriving from China, whatever their nationality, from Jan. 3 to avert any new wave of coronavirus infections, the foreign ministry said on Saturday. Several countries have imposed restrictions on travellers from China due to a surge in COVID-19 cases. Thousands of tourists visit Morocco from …

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