Africa
LATEST NEWS FROM AFRICA
Africa
ICC confirms charges against Libyan war crimes suspect
Judges at the International Criminal Court ruled on Thursday that a 48-year-old suspect accused of running one of the most notorious prisons in Libya could be charged with multip...
Africa
Nigeria central bank chief signals caution on easing next week
Nigeria's gradual slowdown in inflation has opened the door to interest-rate cuts, but external shocks have complicated the outlook, Central Bank Governor Olayemi Cardoso said on ...
Africa
Zijin starts Congo lithium exports to China, sources say
China's Zijin has started exporting lithium concentrate from its Manono project in Democratic Republic of Congo, five sources familiar with the matter have told Reuters.
Africa
AFRICA-FX-Ghana, Nigeria and Uganda currencies under pressure
The currencies of Ghana, Nigeria and Uganda are expected to remain under pressure in the next week to Thursday, and those of Kenya and Zambia broadly steady, traders said.
Africa
Nigeria to track poverty, incomes as government seeks proof reforms are working
Nigeria plans to publish indicators tracking poverty, incomes and inequality as President Bola Tinubu's government seeks to show that economic reforms are improving living standar...
Africa
Cameroon sees mining revenue overtaking oil at $1.75 billion, minister says
Cameroon expects annual revenue from newly launched mining projects and its newly overhauled gold sector to top 1 trillion CFA francs ($1.75 billion) in the short term, overtaking...
Africa
Zambia hopes to agree new IMF programme by year-end, finance minister says
Zambia hopes to reach agreement with the International Monetary Fund on a new support programme by the end of the year to attract investment and drive economic growth, Finance Mi...
Africa
South African rand under pressure as investors monitor latest U.S. strikes on Iran
The South African rand came under pressure on Thursday, as the latest escalation in hostilities between the United States and Iran pushed oil prices back up and reignited inflati...
Africa
Dollar near one-month low as cooling inflation curbs Fed hike bets
The U.S. dollar hovered near a one-month low on Thursday, as soft inflation data reinforced bets that the Federal Reserve can stay patient on interest rate hikes, while escalatio...
Africa
Moroccan rapper El Mahdi Lyoubi held in pre-trial detention, rights group says
Casablanca's public prosecutor ordered rapper and documentary filmmaker El Mahdi Lyoubi, an outspoken critic of Morocco's political system, into pre-trial detention on Wednesday...
Africa
Nigeria launches $500 million farm fund to drive food security
Nigeria has launched a $500 million agriculture investment fund for the oil-producing Niger Delta region, seeking to raise food output, attract private investment and strengthen ...
Africa
Egypt has procured nearly 4.9 million tonnes of wheat since start of procurement season, PM says
Egypt has procured nearly 4.9 million tonnes of wheat since the start of the procurement season, the country's prime minister said on Wednesday.
Africa
Senegal expected to pick Lazard as financial advisor on debt matters, source says
Senegal is expected to appoint Lazard as its financial advisor on debt matters, according to a source familiar with the situation, as investors watch closely how the country pl...
Africa
Amazon Leo to bring satellite internet to South Africa in 2027
Amazon's low-earth orbit satellite internet venture Amazon Leo has signed an agreement with South Africa's Herotel to launch a new broadband service aimed at connecting underserve...
Africa
Ghana approves revised mining law to strengthen oversight
Ghana's cabinet has approved amendments to its mining law for submission to parliament, Mines Minister Emmanuel Armah-Kofi Buah said on Wednesday, as part of government efforts to ...
Africa
Zambia's former Vice President Guy Scott dies at 82
Zambia's former Vice President Guy Scott, who in 2014 became Africa's first white head of state in two decades when he briefly served as acting president, has died at the age of...
Africa
UN warns Sudan gum arabic trade helps sustain civil war
The United Nations human rights office on Wednesday called on states, businesses and parties linked to Sudan's globally-relevant gum arabic industry to uphold international law, w...
Africa
Uganda's fiscal deficit to decline to 3% of GDP by 2031, central bank says
Uganda's fiscal deficit is projected to decline to 3% of GDP by the 2030/31 financial year from 6% of GDP this year, helped by a new debt strategy that leans more on cheaper exte...
Africa