African News
Nigeria's grid collapses weeks after tariffs raised for wealthier consumers
By: Reuters 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
By: Reuters 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
By: Reuters 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
By: Reuters 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
By: Reuters 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,... →
EU pledges Egypt 1-billion euros in financial aid
By: Reuters 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
By: Reuters 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
By: Reuters 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,... →