(Reuters) – Uganda’s tough new anti-LGBTQ law, which stipulates the death penalty for “serial offenders”, presents a conundrum for multi-nationals wanting to grow in Africa while promoting diversity and inclusion. A coalition of companies that includes Google and Microsoft said it was “deeply disappointed” by the bill signed into law on Monday. Here are some…
JOHANNESBURG (Reuters) – South Africa’s central bank has warned of risks to the country’s financial stability, due to capital outflows and the possibility of sanctions following a U.S. diplomat’s accusation of supplying weapons to Russia to aid its campaign in Ukraine. These risks, along with the threat of a grid failure due to repeated power…
By Kopano Gumbi and Rachel Savage JOHANNESBURG (Reuters) – The outlook for Africa’s debt sustainability remains “cloudy” as low growth and high inflation challenge the stability of many economies across the continent, the World Bank’s Africa chief economist said on Monday. Andrew Dabalen said a form of stagflation taking hold was one of the biggest…
NAIROBI (Reuters) – Kenya will sign a trade pact with Russia aimed at boosting cooperation between businesses, President William Ruto’s office said on Monday, after hosting Russian Foreign Minister Sergei Lavrov in Nairobi. Russia has stepped up its drive to boost economic ties with Africa to help offset a big chill in relations with the…
By MacDonald Dzirutwe LAGOS (Reuters) – Nigeria’s new president Bola Tinubu faces a litany of problems, including widespread violence, double-digit inflation and industrial-scale oil theft. His victory is being challenged in court by his two main rivals in February’s election, and analysts say he may need to reach out to opponents to help heal a…
By Maggie Michael (Reuters) – In the days after war erupted in Khartoum, Dr Abeer Abdullah rushed between rooms at Sudan’s largest orphanage, trying to care for hundreds of babies and toddlers as the fighting kept all but a handful of staff away. Children’s cries rang through the sprawling building as heavy gunfire rocked the…
By Khalid Abdelaziz DUBAI (Reuters) – Saudi Arabia and the United States called on Sunday for the extension of a ceasefire deal that has brought some let-up in a six-week war between military factions, but said both sides had impeded aid efforts and were posturing for further escalation. Clashes could be heard overnight and on…
By Felix Onuah ABUJA (Reuters) – Nigeria’s President Muhammadu Buhari on Sunday defended his record on the economy and the outcome of a disputed presidential election, saying he was leaving a legacy of credible and fair votes, a day before he hands over power to his successor. Buhari first came to office in 2015 after…
KAMPALA (Reuters) – Uganda’s President Yoweri Museveni said late on Saturday there had been casualties during an attack by Somalia’s Islamist group al Shabaab on a military base manned by Ugandan peacekeepers in the Horn of African country on Friday. Museveni did not say how many soldiers were killed or wounded but it was the…
(Reuters) -Turkish President Tayyip Erdogan aims to extend his rule into a third decade in an election on Sunday, with the momentum seen in his favour in the runoff vote after a first round showed him ahead of his challenger, Kemal Kilicdaroglu. Already buoyed by a parliamentary majority won by his Islamist-rooted AK Party and…
