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WASHINGTON (Reuters) – The International Monetary will present an updated macroeconomic framework to all of Chad’s creditors by the end of January, an IMF spokesperson said on Monday, amid pressure for creditors to finalize a debt restructuring plan with the African country. “We can confirm that the IMF is planning to present an updated macroeconomic …

IMF to meet with all Chad’s creditors by end of January – spokesperson Read More »

By Karin Strohecker, Joe Bavier and Tommy Wilkes LONDON (Reuters) – Angola will return to international capital markets this year to sell Eurobonds, finance minister Vera Daves de Sousa said on Monday, while the partial privatisation of state-oil firm Sonangol could take another two years. The southern African nation last issued dollar bonds in late …

Exclusive-Angola heads to bond markets, Sonangol plans delayed – Finance Minister Read More »

DAKAR (Reuters) – A Twitter post on Monday from the account of Burkina Faso’s President Roch Kabore, whose whereabouts are unknown amid an unfolding crisis described by regional bloc ECOWAS as an attempted military coup, called on those who have taken up arms to lay them down. “Our nation is going through difficult moments. We …

Tweet from Burkina Faso president’s account calls on army to lay down arms Read More »

By Diadie Ba DAKAR (Reuters) – The ruling party of Senegalese President Macky Sall has conceded defeat in the capital Dakar and the southern city of Ziguinchor in local elections widely seen as a test of Sall’s popularity. The West African country voted in municipal and regional elections on Sunday amid growing tensions over whether …

Senegal’s ruling party loses key cities in local elections Read More »

By Nafisa Eltahir KHARTOUM (Reuters) – Sudan will expand its use of gold exports to cover imports of essential goods as it embarks on a new 2022 budget without foreign aid during an economic downturn after a coup. Billions of dollars of much-needed foreign assistance were cut https://www.reuters.com/world/africa/sudan-state-oil-workers-join-civil-disobedience-movement-association-2021-10-27 after the Oct. 25 military coup that …

Deprived of foreign aid, Sudan to expand use of gold exports Read More »

OUAGADOUGOU (Reuters) – The French embassy in Burkina Faso said on Monday the situation in the West African country remained confusing, advising French nationals not to go outdoors. The embassy said in a message on its website that French schools would remain closed on Monday and Tuesday and that two Air France flights scheduled for …

France says Burkina Faso situation “confusing”, advises against going out Read More »

By Aaron Ross DAKAR (Reuters) – Burkina Faso’s military appeared to seize power on Monday by arresting President Roch Kabore after mutinying in demand for greater resources in the fight against Islamist militants. This would mark the fourth military coup in the past year in West and Central Africa, a region once known as the …

Factbox-Recent coups in West and Central Africa Read More »

KIGALI (Reuters) – A Rwandan prosecutor on Monday sought a life sentence for Paul Rusesabagina, who was portrayed in the movie “Hotel Rwanda” sheltering hundreds of people during the 1994 genocide, instead of an existing 25-year term. Rusesabagina, 67, was convicted in September on eight terrorism charges related to the activities of an organisation opposed …

Prosecutor seeks life sentence for convicted ‘Hotel Rwanda’ hero Read More »