AfricaPolitics Truce reduces fighting in Sudan, but little relief for humanitarian crisis The Cheap InvestorMay 27, 2023May 27, 20230 By Khalid Abdelaziz and Nafisa Eltahir DUBAI/CAIRO (Reuters) -Khartoum was calmer on Saturday as a seven-day ceasefire appeared to reduce…
AfricaPolitics Rwanda suspect denies killings but ‘sorry’ over genocide The Cheap InvestorMay 27, 2023May 27, 20230 By Wendell Roelf CAPE TOWN (Reuters) – One of the Rwanda genocide’s most wanted remaining suspects, accused of ordering the…
AfricaEconomy Nigeria’s Senate approves bill to raise government borrowing from central bank The Cheap InvestorMay 27, 2023May 27, 20230 ABUJA (Reuters) – Nigeria’s Senate amended a law on Saturday to allow the federal government to borrow more money from…
AfricaMiddle East Sudan army calls on ex-soldiers to re-enlist, sporadic fighting persists The Cheap InvestorMay 26, 2023May 26, 20230 By Nafisa Eltahir and Khalid Abdelaziz CAIRO/DUBAI (Reuters) – Sudan’s army called on Friday for reservists and retired soldiers to…
AfricaAsia Exclusive-IMF, others should give $100 billion climate FX guarantee – document The Cheap InvestorMay 26, 2023May 26, 20230 By Simon Jessop and Marc Jones LONDON (Reuters) -A top-level meeting in Paris next month will lay out a $100…
AfricaEconomy After inauguration fanfare, immense economic challenges await Nigeria’s Tinubu The Cheap InvestorMay 26, 2023May 26, 20230 By MacDonald Dzirutwe and Libby George LAGOS (Reuters) – Nigeria’s incoming President Bola Tinubu will inherit anaemic economic growth, record…
AfricaEconomy US warns Wagner Group seeking arms, slaps sanctions on group’s head in Mali The Cheap InvestorMay 25, 2023May 25, 20230 By Daphne Psaledakis WASHINGTON (Reuters) – The U.S. on Thursday said Russian mercenary force Wagner Group may be working through…
AfricaEconomy South Africa lifts interest rates to 14-year high to fight inflation The Cheap InvestorMay 25, 2023May 25, 20230 By Anait Miridzhanian, Bhargav Acharya and Kopano Gumbi PRETORIA (Reuters) -South Africa’s central bank raised its main interest rate on…
AfricaBusiness Moody’s: Emerging market credit to be tight amid U.S.-led risks The Cheap InvestorMay 25, 2023May 25, 20230 LONDON (Reuters) – Emerging economies will continue to suffer from the spillover of economic problems in the U.S., which are…
AfricaBusiness Chevron launches sale of Congo oil assets – sources The Cheap InvestorMay 25, 2023May 25, 20230 By Ron Bousso and Sabrina Valle LONDON (Reuters) – Chevron has launched a sale process for its oil and gas…