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Africa

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France says it backs ongoing talks between Tunisia and IMF

The Cheap InvestorMay 30, 2023May 30, 20230

PARIS (Reuters) – France backs the ongoing talks between Tunisia and the International Monetary Fund, the foreign ministry said on…

  • Africa
  • Economy

World Bank approves $1 billion loan to Kenya

The Cheap InvestorMay 30, 2023May 30, 20230

NAIROBI (Reuters) – The World Bank said on Tuesday it approved a $1 billion loan to Kenya to support its…

  • Africa
  • Health

Uganda enacts harsh anti-LGBTQ law including death penalty

The Cheap InvestorMay 30, 2023May 30, 20230

KAMPALA (Reuters) – Uganda’s President Yoweri Museveni signed one of the world’s toughest anti-LGBTQ laws, including the death penalty for…

  • Africa
  • Business

German tax fraud mastermind handed further 8-year jail sentence

The Cheap InvestorMay 30, 2023May 30, 20230

WIESBADEN, Germany (Reuters) – Hanno Berger, a former tax inspector turned legal tax expert, was sentenced on Tuesday to eight…

  • Africa
  • Economy

Uganda says 2023/24 GDP growth to reach 6%

The Cheap InvestorMay 30, 2023May 30, 20230

KAMPALA (Reuters) – Uganda’s economy will expand by 6% in the next fiscal year that starts in July, an increase…

  • Africa
  • Economy

Zimbabwe announces new measures to aid ailing local currency

The Cheap InvestorMay 30, 2023May 30, 20230

HARARE (Reuters) – Zimbabwe’s treasury has announced measures to encourage the use of the local dollar as opposed to the…

  • Africa
  • Europe

South Africa to investigate U.S. allegations of arms shipment to Russia

The Cheap InvestorMay 30, 2023May 30, 20230

JOHANNESBURG (Reuters) – South Africa’s President Cyril Ramaphosa has appointed a panel to investigate U.S. allegations that a Russian ship…

  • Africa
  • Middle East

Sudan factions agree to extend ceasefire deal amid clashes

The Cheap InvestorMay 30, 2023May 30, 20230

(This May 29 story has been refiled to fix a typographical error in paragraph 19) By Khalid Abdelaziz and Aidan…

  • Africa
  • Economy

Blinken says US to consider visa restrictions over Ugandan anti-gay law

The Cheap InvestorMay 30, 2023May 30, 20230

WASHINGTON (Reuters) – U.S. Secretary of State Antony Blinken on Monday said his government would consider visa restrictions against Ugandan…

  • Africa
  • Elections

Nigeria’s new President Tinubu promises economic reboot

The Cheap InvestorMay 29, 2023May 29, 20230

By Felix Onuah and MacDonald Dzirutwe ABUJA (Reuters) -Nigeria’s new President Bola Tinubu vowed at his swearing-in on Monday to…

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