By Khalid Abdelaziz and Nafisa Eltahir DUBAI/CAIRO (Reuters) -Khartoum was calmer on Saturday as a seven-day ceasefire appeared to reduce fighting between two rival military factions although it has not yet provided the promised humanitarian relief to millions trapped in the Sudanese capital. A truce signed on Monday by the two fighting parties – Sudan’s…
By Wendell Roelf CAPE TOWN (Reuters) – One of the Rwanda genocide’s most wanted remaining suspects, accused of ordering the death of 2,000 people hiding in a church, denied on Friday any involvement though said he was “sorry” for the 1994 killings. On the run for two decades, Fulgence Kayishema was arrested on Wednesday under…
ABUJA (Reuters) – Nigeria’s Senate amended a law on Saturday to allow the federal government to borrow more money from the central bank, just days before incoming President Bola Tinubu takes office. The changes, adopted during an emergency session, will allow the government to increase its overdraft at the Central Bank of Nigeria to 15%…
By Nafisa Eltahir and Khalid Abdelaziz CAIRO/DUBAI (Reuters) – Sudan’s army called on Friday for reservists and retired soldiers to re-enlist amid a deadly conflict with a rival paramilitary and asked the United Nations to change its envoy to the country. The call to former soldiers to present themselves at their nearest military base looked…
By Simon Jessop and Marc Jones LONDON (Reuters) -A top-level meeting in Paris next month will lay out a $100 billion plan to drive more money into climate and development finance in poorer countries by providing currency guarantees to investors, according to a document seen by Reuters. The plan, which has not previously been reported,…
By MacDonald Dzirutwe and Libby George LAGOS (Reuters) – Nigeria’s incoming President Bola Tinubu will inherit anaemic economic growth, record debt and shrinking oil output, but before he can start fixing these pressing problems he will need to secure public support for painful decisions. Life is tough for citizens of Africa’s biggest economy, and a…
By Daphne Psaledakis WASHINGTON (Reuters) – The U.S. on Thursday said Russian mercenary force Wagner Group may be working through Mali and other countries to hide its efforts to acquire military equipment for use in Ukraine, and accused it of supplying a Sudanese paramilitary with surface-to-air missiles. The U.S. Treasury Department said in a statement…
By Anait Miridzhanian, Bhargav Acharya and Kopano Gumbi PRETORIA (Reuters) -South Africa’s central bank raised its main interest rate on Thursday to a 14-year high, a move Governor Lesetja Kganyago described as “bitter medicine” needed to tame inflation. The bank lifted rates by 50 basis points to 8.25% as it raised its inflation forecasts for…
LONDON (Reuters) – Emerging economies will continue to suffer from the spillover of economic problems in the U.S., which are restricting their market access and pushing up financing costs, a Moody’s report said on Thursday. A combination of U.S. monetary policy, the banking system stress and “any consequences of the debt ceiling impasse” contribute to…
By Ron Bousso and Sabrina Valle LONDON (Reuters) – Chevron has launched a sale process for its oil and gas assets in Congo as the U.S. energy giant continues to focus operations on newer and more profitable production, industry sources said. The Congo assets could fetch up to $1.5 billion, according to two sources close…
