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Reuters

Reuters is an international news organization owned by Thomson Reuters. Until 2008, the Reuters news agency formed part of an independent company, Reuters Group plc, which was also a provider of financial market data.

Rwandan meddling is deepening Congo's deadly conflict

19th April 2024 A soldier walks past the armoured personnel carrier just as it sparks and smokes, sending a surface-to-air missile hurtling toward the United... 

Sub-Saharan Africa incomes falling further behind rest of world, says IMF

19th April 2024 Incomes in Sub-Saharan Africa are falling further behind the rest of the world amid a "tepid" economic recovery, the International Monetary Fund... 

Risk sensitive South African rand weakens as geopolitical tensions bite

Risk sensitive South African rand weakens as geopolitical tensions bite

19th April 2024 South Africa's rand weakened in volatile trading early on Friday, as reports of an Israeli attack on Iran sapped risk sentiment and sent currency... 

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South Africa contingency reserves won't be spent on Eskom, Transnet – Godongwana

South Africa contingency reserves won't be spent on Eskom, Transnet – Godongwana

18th April 2024 South Africa will use future drawdowns of its Gold and Foreign Exchange Contingency Reserve Account to curb its debt burden, Finance Minister Enoch... 

Reserve bank to cut rates less than earlier thought in 2024 – poll

Reserve bank to cut rates less than earlier thought in 2024 – poll

18th April 2024 South Africa's central bank is now predicted to deliver only 50 basis points of interest rate cuts this year, less than earlier projected as... 

US bars four former Malawi officials over corruption, State Department says

17th April 2024 The United States has barred four former officials of the Malawi government from entry because of their involvement in significant corruption, the... 

Caribbean ambassador calls for global action to establish slavery tribunal

17th April 2024 A high-level Caribbean ambassador said on Wednesday it was crucial to establish a new international special tribunal to seek reparations for... 

South Africa inflation slows slightly more than expected in March

South Africa inflation slows slightly more than expected in March

17th April 2024 South Africa's headline consumer inflation fell to 5.3% year on year in March from 5.6% in February, statistics agency data showed on Wednesday.... 

UN forum calls for more funding, steps towards slavery reparations

16th April 2024 A United Nations forum on people of African descent opened on Tuesday with calls for extra funding to support its work and progress towards... 

Chad interim president Deby kicks off campaign for vote set to end junta rule

15th April 2024 Chad's interim President Mahamat Idriss Deby kicked off his presidential campaign on Sunday for an election next month meant to end three years of... 

Donors hope to raise more than $1-billion for Sudan a year into war

15th April 2024 Donors will hopefully pledge "well over a billion euros," ($1.07-billion) for war-torn Sudan at an aid conference in Paris on Monday on the first... 

Nigeria's anti-graft agency recovers nearly $30 million in corruption probe

15th April 2024 Nigeria's anti-corruption agency has recovered $28.88-million after launching an investigation into alleged fraud at a government ministry... 

World Bank sounds alarm on 'historical reversal' of development for poorest nations

World Bank sounds alarm on 'historical reversal' of development for poorest nations

15th April 2024 Half of the world's 75 poorest countries are experiencing a widening income gap with the wealthiest economies for the first time this century in a... 

Nigeria's grid collapses weeks after tariffs raised for wealthier consumers

Nigeria's grid collapses weeks after tariffs raised for wealthier consumers

15th April 2024 Nigeria's creaking grid collapsed for the fifth time this year in the early hours of Monday, highlighting the country's inability to provide... 

Nigeria inflation rises to 33.20% year on year in March

Nigeria inflation rises to 33.20% year on year in March

15th April 2024 Nigeria's consumer inflation rose to 33.20% year on year in March from 31.70% in February, its bureau of statistics said on Monday. Inflation is at... 

Germany pledges more Sudan aid as European leaders push for funding on war anniversary

15th April 2024 Germany will provide a further 244-million euros in humanitarian aid to war-torn Sudan, Foreign Minister Annalena Baerbock said on Monday as... 

US will not take part in any Israeli retaliatory action against Iran

US will not take part in any Israeli retaliatory action against Iran

15th April 2024 President Joe Biden warned Prime Minister Benjamin Netanyahu the US will not take part in a counter-offensive against Iran, an option Netanyahu's... 

Ghana fails to reach debt deal with international bondholders

Ghana fails to reach debt deal with international bondholders

15th April 2024 Ghana has failed to strike a deal with two bondholder groups to restructure $13-billion of international bonds, the government said on Monday,... 

South Africa recalls J&J's cough syrup sold in six African nations after suspected toxicity

15th April 2024 South Africa's health regulator said on Saturday it is recalling batches of Johnson & Johnson's children's cough syrup after detection of high... 

EU pledges Egypt 1-billion euros in financial aid

EU pledges Egypt 1-billion euros in financial aid

12th April 2024 The EU on Friday said it would provide Egypt with 1-billion euros in short-term financial aid to help stabilise the country's economy. Egypt agreed... 

'Time running out' in war-torn Sudan as access to aid restricted, WHO warns

12th April 2024 The World Health Organization said on Friday that the crisis in Sudan could worsen in the coming months as the distribution of humanitarian aid and... 

Ethiopia faces tough devaluation decision to secure IMF bailout

Ethiopia faces tough devaluation decision to secure IMF bailout

12th April 2024 Ethiopia may have to decide on a big currency devaluation sooner rather than later to secure a rescue loan from the International Monetary Fund,... 

Malian parties reject junta's suspension of political activities

12th April 2024 Malian political parties and civil society groups jointly rejected on Thursday the ruling junta's order to suspend political activities and vowed... 

Ethiopia faces tough devaluation decision to secure IMF bailout

11th April 2024 Ethiopia may have to decide on a big currency devaluation sooner rather than later to secure a rescue loan from the International Monetary Fund,... 

Moderna puts Kenya plant plans on hold as Covid vaccine demand slumps

Moderna puts Kenya plant plans on hold as Covid vaccine demand slumps

11th April 2024 Moderna said on Thursday it had paused its plans to build a vaccine manufacturing facility in Kenya, following a post-pandemic decline in demand... 

US to make additional funding push in response to Sudan conflict

11th April 2024 The US will make a push of more than a hundred million in additional funding to respond to the conflict in Sudan as Washington seeks to spur... 

Multilateral development banks still need work on implementing reforms, group says

Multilateral development banks still need work on implementing reforms, group says

11th April 2024 The World Bank and six other multilateral banks have made good progress in integrating global challenges like climate change into their agendas,... 

March marks yet another record in global heat

March marks yet another record in global heat

9th April 2024 The world just experienced its warmest March on record, capping a 10-month streak in which every month set a new temperature record, the European... 

IMF reaches staff-level deal with Ivory Coast, paving way for $574m disbursement

9th April 2024 The International Monetary Fund on Monday said its staff reached agreement with authorities from Ivory Coast on a review of two lending programmes,... 

Zimbabwe's new ZiG currency starts trading, credibility doubts linger

Zimbabwe's new ZiG currency starts trading, credibility doubts linger

8th April 2024 Zimbabwe's new gold-backed currency started trading on Monday amid doubts that the country's third such re-launch in a decade will have any more... 

Sub-Saharan Africa growth not enough to dent poverty, says World Bank

Sub-Saharan Africa growth not enough to dent poverty, says World Bank

8th April 2024 Economic growth is set to rise for the next two years in sub-Saharan Africa, but not enough to make a significant dent in poverty on the continent,... 

EU will not delay deforestation law, environment chief says on Ivory Coast visit

8th April 2024 The European Union is not planning to delay a new law to crack down on the import of commodities linked to deforestation, its environment... 

China invites Uganda's energy minister for talks on pipeline financing

5th April 2024 China has invited Uganda's energy minister to Beijing to discuss the East African country's $5-billion crude oil pipeline, Uganda's presidency said... 

World Bank loans Ethiopia $1.72-billion for power, water supply expansion

5th April 2024 The World Bank and Ethiopia have signed loan agreements totalling $1.72-billion to enhance electricity and water supply, as well as to facilitate... 

Nigeria union requests more troops to combat oil theft

Nigeria union requests more troops to combat oil theft

5th April 2024 Nigeria's oil workers union has asked President Bola Tinubu to deploy more troops, including military chiefs, to combat oil theft and boost output... 

Slavery tribunal? Africa, Caribbean unite on reparations

Slavery tribunal? Africa, Caribbean unite on reparations

4th April 2024 Support is building among Africa and Caribbean nations for the creation of an international tribunal on atrocities dating to the transatlantic... 

Somalia sends Ethiopian ambassador home for consultations, closes consulates

Somalia sends Ethiopian ambassador home for consultations, closes consulates

4th April 2024 Somalia sent the Ethiopian ambassador from Mogadishu home for consultations on Thursday and closed consulates in the semi-autonomous region... 

Former speaker charged with corruption, granted bail

Former speaker charged with corruption, granted bail

4th April 2024 South African prosecutors on Thursday charged former National Assembly speaker Nosiviwe Mapisa-Nqakula with corruption and money laundering, a day... 

Consumer spending growth in South Africa steadied in 2023, report shows

Consumer spending growth in South Africa steadied in 2023, report shows

4th April 2024 Consumer spending growth in South Africa steadied in 2023 after the previous year's post-pandemic surge, but expected interest rate cuts will... 

Senegal's new president announces oil, gas and mining sector audit

Senegal's new president announces oil, gas and mining sector audit

4th April 2024 Senegal will conduct an audit of the oil, gas and mining sectors, newly elected President Bassirou Diomaye Faye told the nation in a televised... 

Kenyan private sector activity slows in March, PMI shows

Kenyan private sector activity slows in March, PMI shows

4th April 2024 Kenya's private sector activity contracted slightly in March, hurt by cashflow problems at some businesses, a business survey showed on Thursday.... 

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