Africa
LATEST NEWS FROM AFRICA
Africa
US steps in to fund African rare earths shunned by private money, sources say
The U.S. International Development Finance Corporation (DFC) is backing a pipeline of African rare-earth projects as private investors remain reluctant to finance the sector, two ...
Africa
Nigeria reforms helped to avert economic collapse, finance minister says
President Bola Tinubu's overhaul of Nigeria's economy, including scrapping a costly fuel subsidy and devaluing the currency, has helped to stabilise public finances, lift foreign...
Africa
Luxury tour agency &Beyond confirms helicopter carrying its guests crashed in Kenya
Luxury tour agency &Beyond told Reuters on Wednesday that a helicopter carrying its guests had crashed in Kenya's Samburu County.
Africa
Egypt to widen cash subsidy scheme to cover more essential foods
Egypt will expand its new cash-subsidy system to cover a larger basket of essential food items, the cabinet said on Wednesday, broadening a programme that currently offers only a...
Africa
Kenya aviation authority says helicopter crashed, media say tourists on board
A helicopter crashed on Wednesday in Kenya's Samburu county, the aviation authority said, and local media including The Star and Standard newspapers reported that tourists wer...
Africa
South African inflation cools for first time in five months
South Africa's inflation rate slowed for the first time in five months in July, partly due to a steep drop in fuel costs, but analysts said it could soon climb again as renewed U...
Africa
Kenya Airways says its fuel cost up 72% due to Middle East conflict
Kenya Airways said on Wednesday that the Middle East conflict had driven up its fuel costs by 72% in the first half of this year and caused delays to supplies of spare parts and ...
Africa
South African rand steady before domestic inflation data
The South African rand was little changed in early trade on Wednesday as investors awaited inflation data that is expected to show a moderation in price pressures.
Africa
As campaigns begin in Nigeria, Tinubu's re-election bid puts his party on trial
As campaigning for January's elections begins on Wednesday, President Bola Tinubu's pitch for a second term faces a politically fraught question: are Nigerians better off after mor...
Africa
Attacks on aid workers hit record high in 2025, UN says
A record number of humanitarian workers were attacked last year, driven partly by increased use of armed drones, the United Nations said on Wednesday, calling the trend "appalling...
Africa
Dollar hovers near multi-month lows as Treasury yields slip; Fed minutes awaited
The U.S. dollar drifted near multi-month lows against major peers on Wednesday as Treasury yields eased from recent highs, with investors awaiting minutes of the Federal Reserve'...
Africa
Liberia agrees to accept up to 1,200 third-country deportees from US
Liberia has agreed to accept up to 1,200 third-country deportees from the U.S. in the next 12 months, with an initial group of 20 deportees expected to arrive on Thursday, the gov...
Africa
Zimbabwe ferry death toll reaches 94 as government confirms it was over capacity
A government-owned ferry that capsized on Zimbabwe's Lake Kariba last week was carrying about 180 passengers, double what police had given as its capacity, the government said on...
Africa
US lifts security restrictions on ships from Nigeria after 12 years
The United States has lifted security restrictions imposed on vessels arriving from Nigeria after more than a decade, the Marine and Blue economy Minister Adegboyega Oyetola said ...
Africa
Migrant women tell of sexual harassment in Spain's crisis-hit Ceuta
Some women who entered Spain's North African enclave of Ceuta on July 30 as part of a mass migrant crossing say the hardships of sleeping rough as they wait to be registered are co...
Africa
At least 25 killed in attack on Nigeria's Plateau amid reprisal fears
At least 25 people were killed in an overnight attack on a village in Nigeria's central Plateau state, local officials and residents said on Tuesday, in violence that has heighte...
Africa
Nigeria's Dangote refinery IPO gets $1 billion underwriting programme, advisers say
Two advisers on Dangote Petroleum Refinery's Initial Public Offering (IPO) on Tuesday announced a $1 billion underwriting programme for the offering, which could become Africa's ...
Africa
Zambia's Hichilema win gives investors continuity, now they want growth
Zambian President Hakainde Hichilema's re-election hands investors the policy continuity they sought, while negotiations on a new International Monetary Fund programme provide an e...
Africa