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NAIROBI (Reuters) – Kenya’s shilling was stable against the U.S. dollar on Thursday, supported by remittances amid muted foreign exchange demand, traders said. At 0908 GMT, the shilling traded at 129.10/129.60 per dollar, compared to 129.15/129.65 at the close of trading on Wednesday. The shilling has remained relatively stable since August. (Reporting by Hereward Holland; …

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By Duncan Miriri NAIROBI (Reuters) – Mozambique’s international bonds tumbled earlier this week after a news report that the new government in Maputo is weighing a debt restructuring following months of post-election turmoil. Below are some of the issues facing the resource-rich southern African country of 35 million people. WHAT IS MOZAMBIQUE’S DEBT SITUATION? Concerns …

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By Catarina Demony LONDON (Reuters) – British maritime services firm Lloyd’s Register apologised on Wednesday for its role in enslaving Africans in the 18th and 19th centuries. At least 12.5 million Africans were kidnapped, forcibly transported by European ships and sold into slavery from the 15th to the 19th centuries. Britain enslaved over 3 million, …

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CAIRO (Reuters) – Egyptian President Abdel Fattah al-Sisi said on Wednesday that the state needs $20 billion annually to secure petroleum products, according to a video provided by Sisi’s office. (Reporting by Menna Alaa El-Din, Jaidaa Taha and Youmna Ehab)