Reuters Africa - Squid Business

US targets ex-Sudan officials with sanctions for undermining peace

WASHINGTON (Reuters) -The United States imposed sanctions on Monday on three former Sudanese officials for their role in undermining peace, security and stability in Sudan, the Treasury Department said. The sanctions are being imposed under a U.S. executive order that places penalties on people who destabilize Sudan and undermine democracy, the department said in a …

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Tanzania flood deaths rise to 63, prime minister says

By Nuzulack Dausen DAR ES SALAAM (Reuters) -The death toll from floods in northern Tanzania following torrential rains this weekend has risen to 63, the prime minister said on Monday, adding to hundreds of other deaths caused by extreme weather in East Africa since seasonal rains began in October. Prime Minister Kassim Majaliwa said in …

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South Africa’s Aspen expands further into Asia with Sandoz China deal

By Nqobile Dludla JOHANNESBURG (Reuters) -Aspen Pharmacare is expanding further into China through a deal to buy the Chinese business of Swiss group Sandoz for up to 92.6 million euros ($100.6 million), the South African company said on Monday. As part of the deal, Aspen Global Incorporated, a subsidiary of Aspen, will also buy the …

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Nicaragua recalls ambassador to Argentina after Milei criticism

(Reuters) -Nicaragua on Monday recalled its ambassador to Argentina ahead of the inauguration of radical right-wing libertarian Javier Milei as the South American country’s next president following his criticism of the Nicaraguan government. Milei is set to take office on Dec. 10. In the lead-up to his November election win, Milei said Argentina would not …

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Ghana court jails Chinese national over illegal gold mining

By Maxwell Akalaare Adombila ACCRA (Reuters) – A Ghanaian court has sentenced a Chinese national to prison for illegal gold mining in the West African nation, her lawyer said on Monday, ending a case that started in 2017 and shed light on Chinese involvement in the activity. The court in the capital Accra sentenced Aisha …

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Niger revokes military accord with European Union – ministry

NIAMEY (Reuters) – Niger’s ruling junta has revoked the country’s military partnership with the European Union, the foreign ministry said on Monday, withdrawing its permission for an EU programme set up to bolster the security forces. The EUCAP Sahel Niger civilian mission was launched in 2012 to help the security forces fight militants and other …

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Guinea Bissau president dissolves parliament after clashes

By Alberto Dabo BISSAU (Reuters) -Guinea-Bissau President Umaro Sissoco Embalo dissolved parliament in a decree on Monday that accused the government of passivity in the face of violence last week that he said was an attempted coup. His move left the unstable West African nation without a lawmaking body for the second time since he …

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Nigeria’s oil regulator considers revoking unused exploration leases

By Isaac Anyaogu LAGOS (Reuters) – Nigeria’s oil regulator is considering revoking unused oil exploration leases that companies were granted but have not been able to carry out any exploration activities, the head of the agency said on Monday. Latest data from the Nigerian Upstream Petroleum and Regulatory Commission (NUPRC) showed that over 60% of …

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Kenyan court suspends plan to privatise more state-owned firms

NAIROBI (Reuters) – A Kenyan court on Monday suspended a government plan to start a fresh privatisation drive under a modified law while it hears a challenge that an opposition party has brought against the sales. In late November the finance ministry said it would start the process of offering to sell its shareholding in …

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South Africa likely to produce first EV in 2026: Minister

JOHANNESBURG (Reuters) – South Africa’s automotive industry will likely produce its first electric vehicle (EV) in 2026, the trade minister said on Monday, as he outlined plans for the country’s green transport transition. The electrification of transport is one of the key pillars underpinning South Africa’s Just Energy Transition (JET) plan for a low-carbon and …

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