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Africa

  • Africa
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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…

  • Africa
  • Politics

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…

  • Africa
  • Economy

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…

  • Africa
  • Middle 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…

  • Africa
  • Asia

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…

  • Africa
  • Economy

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…

  • Africa
  • Economy

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…

  • Africa
  • Economy

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…

  • Africa
  • Business

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…

  • Africa
  • Business

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…

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