KINSHASA (Reuters) -South African retailer Shoprite has decided to shut its shops in Democratic Republic of Congo, a company statement seen by Reuters on Tuesday showed. The decision follows the closure of operations in Nigeria, Kenya, Uganda and Madagascar as the group aims to focus more on its business in South Africa, Shoprite said. “The …
South African retailer Shoprite to close Congo operations Read More »
JOHANNESBURG (Reuters) – The security situation in Mozambique’s north has seen a “marked improvement” in recent months, the International monetary Fund (IMF) said on Tuesday. While the attacks are now isolated and smaller, there is still a scope for a resurgence, IMF’s Alvaro Piris said in an online press conference. (Reporting by Rachel Savage; Writing …
Mozambique security situation in north improved in recent months -IMF Read More »
N’DJAMENA (Reuters) – Boko Haram militants killed at least 10 Chadian soldiers in an attack on a military unit in Lake Chad province near the Nigerian border on Tuesday, Chad’s government said in a statement. The unit had been dispatched as a precursor to setting up an army post on the island of Bouka-Toullorom, between …
Boko Haram fighters kill 10 Chadian soldiers near Nigeria border Read More »
ACCRA (Reuters) – Ghana’s President Nana Akufo-Addo on Tuesday warned that a rampant Islamist insurgency in West Africa’s Sahel is threatening to engulf the entire region. West African leaders and European ministers are in Ghana’s capital Accra to discuss regional solutions to the insurgency that is spreading as foreign troops pull out of Mali, where …
Sahel insurgency could ‘engulf’ West Africa, Ghana President says Read More »
CAPE TOWN (Reuters) – South African president Cyril Ramaphosa received the most votes from branches of the ruling African National Congress heading into the party’s December elective conference, boosting his chances of securing a second five-year term as state president. The ANC on Tuesday released the final list of nominees for its top six positions …
South Africa’s Ramaphosa leads ANC presidency race ahead of conference Read More »
LAGOS (Reuters) – Nigeria’s subsidies on petrol, electricity and foreign exchange are mostly benefiting wealthy households, the World Bank said in a report on Monday, adding that inefficient use of resources was constraining the country’s development goals. Africa’s biggest economy has for years kept a costly but popular petrol subsidy that takes money away from …
Nigerian subsidies constrain development, says World Bank Read More »
CAIRO (Reuters) – Veteran Sudanese political and religious leader Al-Sayid Mohamed Othman al-Mirghani arrived in Khartoum from Egypt on Monday, throwing his clout against a possible agreement between pro-democracy groups and the military. Mirghani has been based in Egypt for about a decade and his arrival follows military leaders and the former ruling Forces of …
Political veteran returns to Sudan opposing plan for military exit Read More »
OUAGADOUGOU (Reuters) – The French embassy in Burkina Faso has asked the West African state for more protection after violent protests targeted the property last week, a letter to the government and a diplomatic source said. In a letter to Burkina Faso’s foreign ministry seen by Reuters, the French embassy said Burkina Faso’s military police …
French embassy asks Burkina Faso for more protection after protests Read More »
By David Lawder WASHINGTON (Reuters) – The International Monetary Fund said its executive board on Monday approved an $88.3 million disbursement to Malawi under the new “food shock window” emergency lending facility launched in response to food price spikes and shortages caused by Russia’s war in Ukraine. The IMF also said the executive board assessed …
IMF approves $88.3 million for Malawi under ‘food shock’ loan window Read More »
By Wendell Roelf CAPE TOWN (Reuters) -South Africa’s Supreme Court of Appeal ruled on Monday that the decision to release ex-president Jacob Zuma on early medical parole was “unlawful” and he should return to prison to finish his sentence for contempt of court. Zuma was sentenced last year to 15 months imprisonment after ignoring a …
S.African court orders Zuma back to jail after ruling medical parole unlawful Read More »
