Reuters Africa

TotalEnergies pledges $6 billion in Nigeria oil, gas investments

PARIS (Reuters) – TotalEnergies reaffirmed its commitment to business interests in Nigeria, the French company said, adding that its head Patrick Pouyanne had met Nigeria President Bola Tinubu in Abuja on Monday. TotalEnergies said it had signed a co-operation agreement with Nigeria’s state oil firm NNPC Ltd to carry out methane detection and measurement campaigns …

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US SEC charges Tingo Group Nigerian CEO, three companies with fraud

ABUJA (Reuters) – The U.S. Securities and Exchange Commission (SEC) on Monday filed charges against Nigerian businessman Dozy Mmobuosi and three companies of which he is CEO, alleging they inflated the financial performance of the companies and key subsidiaries to defraud investors. The SEC said in a statement that it filed charges in U.S. District …

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Exclusive-Ethiopia aims to get $3.5 billion under IMF programme-sources

By Karin Strohecker, Jorgelina do Rosario and Rodrigo Campos LONDON (Reuters) – Ethiopia is in talks with the International Monetary Fund (IMF) to borrow around $3.5 billion under a reform programme, three sources familiar with the matter told Reuters. A group of Ethiopia officials and their advisors told international bondholders in a call last Thursday …

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Guinea oil terminal blast kills at least 13, fire largely contained

By Saliou Samb CONAKRY (Reuters) -An explosion at an oil terminal in Guinea’s capital Conakry killed at least 13 people and injured 178 on Monday, the government said, as firefighters worked through the afternoon to fully extinguish the blaze. The blast at the West African nation’s main oil terminal rocked the Kaloum administrative district in …

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Impala says underground sit-in halts operations at Bafokeng mine

By Nelson Banya (Reuters) – South Africa’s Impala Platinum on Monday said operations ground to a halt at its recently acquired Bafokeng Rasimone platinum mine after more than 2,000 workers staged an underground protest over unspecified demands. The protest action began on Monday morning, Impala said in a statement. “As at 15h00 (1300 GMT), approximately …

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Uganda activists, lecturers and others fight harsh anti-LGBT law in court

KAMPALA (Reuters) -Uganda’s Constitutional Court on Monday began hearing a challenge to an anti-LGBT law that carries the death penalty for certain same-sex acts and 20 years in prison for “promoting” homosexuality. The Anti-Homosexuality Act (AHA) was signed into law by President Yoweri Museveni in May, prompting U.S. and World Bank sanctions. In a brief …

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