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Africa

  • Africa
  • Economy

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…

  • Africa
  • Middle 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…

  • Africa
  • Entertainment 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…

  • Africa
  • Economy

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…

  • Africa
  • Politics

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…

  • Africa
  • Politics

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…

  • Africa
  • Economy

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…

  • Africa
  • Economy

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…

  • Africa
  • Middle 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,…

  • Africa
  • Asia

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…

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