AfricaEconomy Nigerian lawmakers approve restructure of $52 billion in cenbank loans The Cheap InvestorMay 4, 2023May 4, 20230 By Camillus Eboh ABUJA (Reuters) -Nigeria’s lower house of parliament on Thursday approved a plan to restructure 23.7 trillion naira…
AfricaMiddle East Nightmare in Sudan: African expats struggle to find way out The Cheap InvestorMay 4, 2023May 4, 20230 By MacDonald Dzirutwe LAGOS (Reuters) – Nigerian law student Umar Yusuf Yaru was relaxing in his apartment when he first…
AfricaEntertainment and Lifestyle South Africans call for UK to return diamonds set in crown jewels The Cheap InvestorMay 4, 2023May 4, 20230 JOHANNESBURG (Reuters) – Some South Africans are calling for Britain to return the world’s largest diamond, known as the Star…
AfricaEconomy Sudan conflict deals new blow to stagnant economy The Cheap InvestorMay 4, 2023May 4, 20230 By Khalid Abdelaziz, Sarah El Safty and Nafisa Eltahir KHARTOUM/CAIRO (Reuters) – The conflict shaking Sudan has dealt a crippling…
AfricaPolitics Inside a Kenyan starvation cult and its tragic end in a forest of death The Cheap InvestorMay 4, 2023May 4, 20230 By Duncan Miriri MALINDI, Kenya (Reuters) – Kenyan cult leader Paul Mackenzie lived with hundreds of followers in makeshift homes…
AfricaPolitics WFP suspends food aid to Ethiopia’s Tigray over reported thefts The Cheap InvestorMay 4, 2023May 4, 20230 By Dawit Endeshaw ADDIS ABABA (Reuters) -The U.N. World Food Programme has paused food distribution in Ethiopia’s war-ravaged Tigray region…
AfricaEconomy Kenya private sector activity falls in April – PMI The Cheap InvestorMay 4, 2023May 4, 20230 NAIROBI (Reuters) – Kenya’s private sector activity fell in April as both the manufacturing and services sectors slowed, with inflation…
AfricaEconomy Egypt’s current account moves into surplus in Oct-Dec The Cheap InvestorMay 3, 2023May 3, 20230 CAIRO (Reuters) – Egypt’s current account turned a surplus for the first time in years in the October-to-December quarter as…
AfricaMiddle East Sudan’s warring generals extend theoretical truce but keep fighting The Cheap InvestorMay 2, 2023May 2, 20230 By Mohamed Noureldin KHARTOUM (Reuters) – Sudan’s warring military factions agreed to a new and longer seven-day ceasefire from Thursday,…
AfricaAsia Oil slumps 5% to five-week low amid US debt default fears The Cheap InvestorMay 2, 2023May 2, 20230 By Scott DiSavino NEW YORK (Reuters) -Oil prices sank about 5% to a five-week low on Tuesday on concerns about…