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Mali says it will work with regional bloc, AU, UN on transition timeline

BAMAKO (Reuters) – Mali’s transitional government has created working groups with members of West Africa’s regional bloc, the African Union and the United Nations to work toward a return to constitutional order, it said on Wednesday. The West African state was hit hard with sanctions https://www.reuters.com/world/africa/mali-eyes-elections-four-years-west-african-bloc-mulls-sanctions-2022-01-09 last month after the military junta that first seized …

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Tunisian president steps up power grab with move against judges

By Tarek Amara and Angus McDowall TUNIS (Reuters) – President Kais Saied’s move to dissolve Tunisia’s top judicial authority has triggered a critical confrontation over rule of law and his own accountability as he slides further towards one-man rule. Saied https://www.reuters.com/world/africa/tunisian-president-denies-coup-holds-power-tight-2022-02-02, who suspended parliament and seized executive power last summer in moves his foes called …

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Cameroon millers suspend flour deliveries due to high wheat prices

DOUALA (Reuters) – Cameroon’s association of millers has suspended deliveries of flour and wheat bran throughout the country due to the rising price of wheat, it said in a statement. The association represents 70% of the market for flour production in Cameroon, said the statement dated Tuesday. “This measure taken reluctantly aims to limit the …

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UAE’s FAB seeks to buy Egypt’s top investment bank EFG Hermes

By Saeed Azhar, Yousef Saba and Patrick Werr DUBAI (Reuters) -First Abu Dhabi Bank has made an offer to buy a controlling stake in Egypt’s biggest investment bank EFG Hermes that values the North African lender at 18.5 billion Egyptian pounds ($1.18 billion), the two banks said. If successful, the deal would give the UAE’s …

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Somaliland pitches ‘huge’ oil and gas potential during Taiwan trip

TAIPEI (Reuters) – Somaliland has “huge” investment potential in untapped oil and gas reserves, the foreign minister of Somalia’s breakaway region told Taiwan President Tsai Ing-wen on Wednesday, pitching investment opportunities on a high-profile visit. Somaliland broke away from Somalia in 1991 but has not gained widespread international recognition for its independence. The region has …

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Cash prizes, real estate, and highest honours as Senegal celebrates Nations Cup heroes

DAKAR (Reuters) – President Macky Sall of Senegal awarded a special cash prize, prime real estate, and the country’s highest order to the men’s soccer team as the country continued to celebrate their victory in Sunday’s Africa Cup of Nations final against Egypt. Senegal’s first win of the coveted trophy it has been chasing for …

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Libyan PM says he will defy parliament move to replace him

TRIPOLI (Reuters) – Libya’s interim Prime Minister Abdulhamid al-Dbeibah said he would defy a planned vote in parliament to replace him on Thursday, raising the prospect of two rival governments running in parallel. Dbeibah has repeatedly said the transitional Government of National Unity (GNU) that he heads remains valid despite the collapse in December of …

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At least 30 Islamist militants killed in Mali joint operations, France says

DAKAR (Reuters) – At least 30 Islamist militants were killed and dozens of vehicles and weapons destroyed during joint operations between the French-led Takuba task force and Malian soldiers last week, the French Army Ministry said in a statement on Tuesday. During the main operation on Feb. 3, a column of fighters on motorbikes was …

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