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Africa

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The end of King Dollar? The forces at play in de-dollarisation

The Cheap InvestorMay 25, 2023May 25, 20230

By Naomi Rovnick and Libby George LONDON (Reuters) – Rivalry with China, fallout from Russia’s war in Ukraine and wrangling…

  • Africa
  • Middle East

Clashes in Sudan’s capital shatter lull brought by ceasefire deal

The Cheap InvestorMay 24, 2023May 24, 20230

By Khalid Abdelaziz and Nafisa Eltahir DUBAI (Reuters) -Clashes between rival military factions broke out on Wednesday in Sudan’s capital…

  • Africa
  • Economy

IMF completes review of Rwanda sustainability loan, enabling $98.6 million disbursement

The Cheap InvestorMay 24, 2023May 24, 20230

WASHINGTON (Reuters) – The International Monetary Fund said on Wednesday its executive board completed the first reviews of Rwanda’s loan…

  • Africa
  • Elections

Ron DeSantis to make 2024 U.S. presidential bid official with Musk on Twitter

The Cheap InvestorMay 24, 2023May 24, 20230

By James Oliphant WASHINGTON (Reuters) – Florida Governor Ron DeSantis is expected to make his long-awaited foray into the 2024…

  • Africa
  • Economy

Nigeria GDP growth slows ahead of interest rate announcement

The Cheap InvestorMay 24, 2023May 24, 20230

By Chijioke Ohuocha ABUJA (Reuters) – Nigeria’s annual economic growth rate slowed to 2.3% in the first quarter, data showed…

  • Africa
  • Asia

US says Russia’s Wagner Group seeking to transit military equipment through Mali

The Cheap InvestorMay 24, 2023May 24, 20230

WASHINGTON (Reuters) – The U.S. State Department on Monday said Russia’s Wagner Group is trying to obscure its efforts to…

  • Africa
  • Economy

South Africa inflation slows to 11-month low in April

The Cheap InvestorMay 24, 2023May 24, 20230

By Alexander Winning and Tannur Anders JOHANNESBURG (Reuters) -South Africa’s headline consumer inflation slowed more than expected in April to…

  • Africa
  • Asia

UN rights chief asks Sudan’s generals to stop ‘senseless violence’

The Cheap InvestorMay 24, 2023May 24, 20230

By Emma Farge GENEVA (Reuters) – The United Nations human rights chief on Wednesday described the situation in Sudan as…

  • Africa
  • Economy

IMF staff, Kenya reach agreement on over $1 billion of new financing

The Cheap InvestorMay 23, 2023May 23, 20230

By George Obulutsa NAIROBI (Reuters) – International Monetary Fund staff and Kenya have reached an agreement that could unlock more…

  • Africa
  • Asia

Ukraine courts Africa and ‘Global South’ as peace plans proliferate

The Cheap InvestorMay 23, 2023May 23, 20230

By Tom Balmforth KYIV (Reuters) – Ukraine’s foreign minister began a tour of African countries this week, stepping up wartime…

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