LAGOS (Reuters) – Nigeria’s anti-graft agency said it had arrested 792 suspects in a raid on a building believed to be a hub for fraudsters who lured victims with offers of romance, then pressed them to hand over cash for phoney cryptocurrency investments. The suspects, including 148 Chinese and 40 Filipino nationals, were detained on …
Almost 800 arrested over Nigerian crypto-romance scam Read More »
ABIDJAN (Reuters) – Farmers in most of Ivory Coast’s cocoa growing regions said on Monday they were concerned about the lack of adequate rains and the heat, which could weigh on the development of the October-to-March main crop. The world’s top cocoa producer is in its dry season which runs from mid-November to March, when …
Lack or rain, heat worry Ivory Coast cocoa farmers Read More »
YAOUNDE (Reuters) – Cameroon’s President Paul Biya warned on Monday of “disastrous consequences” for the countries of the Economic and Monetary Community of Central Africa if urgent action is not taken to address their deteriorating net external reserves. The member countries – Cameroon, Gabon, Chad, Equatorial Guinea, Central African Republic, and the Republic of Congo …
Cameroon’s Biya warns of disaster for Central Africa financial stability Read More »
By Chijioke Ohuocha ABUJA (Reuters) -Nigeria’s inflation rate rose for the third straight month in November, advancing to 34.60% in annual terms from 33.88% in October, data from the statistics agency showed on Monday. The uptick in inflation, which began in September following a brief easing in July and August, has been attributed to the …
Nigeria inflation rises for third straight month in November Read More »
By Maxwell Akalaare Adombila ACCRA (Reuters) – Ghana’s president-elect, John Dramani Mahama, has pledged to revamp the cocoa sector and reorganise the state-run regulator, aiming to stimulate growth and improve efficiency in the world’s second-largest cocoa producer. In an interview with Reuters on Friday, he criticised the cocoa industry structure where the cocoa marketing board …
Ghana’s president-elect plans to reform cocoa sector, restructure regulator Read More »
By Tim Cocks SASOLBURG, South Africa (Reuters) – From the moment Mpho Putsoenyane’s daughter Hlompho was born in Zamdela, a South African township beside the smokestacks and gas flares of Sasol’s oldest coal-to-liquid refinery, the baby struggled to breathe. Last year, when she was four months old, she turned purple and started gasping. Her parents …
South Africa’s smoggy Sasolburg illustrates conflict between economy and clean air Read More »
(Reuters) – Shell said on Monday its Nigerian subsidiary has announced a final investment decision (FID) on Bonga North, a deep-water project off the coast of Nigeria. The project, which will help maintain oil and gas production at Bonga, will be connected to Shell’s Floating Production Storage and Offloading (FPSO) facility, where the oil major …
Shell invests in Nigeria’s Bonga North deep-water project Read More »
NAIROBI (Reuters) -The Dec. 10 story headlined “Meta contractor dismissed threats to moderators by Ethiopia rebels: court documents” is withdrawn out of safety considerations for some named individuals. There were no factual errors in the story. A substitute story will follow. STORY_NUMBER: L8N3NA0GY STORY_DATE: 11/12/2024 STORY_TIME: 0250 GMT
TRIPOLI (Reuters) -Fires that broke out in a number of reservoirs in Libya’s Zawiya refinery have been brought under control, Khaled Abulgasem Gulam, spokesperson for the country’s National Oil Corporation (NOC), said in a statement on Sunday. Zawiya, 40 km (25 miles) west of the capital Tripoli, is home to Libya’s biggest functioning refinery, with …
Fires at Libya’s Zawiya refinery brought under control, NOC says Read More »
DAKAR (Reuters) – Senegal expects a budget deficit of about 7% of gross domestic product in 2025, according to government proposals seen by Reuters on Saturday, down from the 10% revealed in an audit that triggered a freeze on the country’s $1.9 billion IMF programme. The International Monetary Fund package agreed in 2023 has been …
Senegal’s 2025 budget sees lower deficit after audit revelations Read More »
