ACCRA (Reuters) – The next 12 to 18 months will be “very difficult” for African banks as widespread inflation, currency devaluations and interest rate hikes sweep the region, a senior …
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DAYTON, Ohio – A federal jury convicted a Dayton man, who as part of his fraud scheme purported he was a Ghanian prince, to 10 counts of various federal fraud …
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John Kerry, Whose Family Owns A Private Jet, Cautions Impoverished African Nations Against Natural Gas Projects Jack McEvoy on September 17, 2022 CORRECTION: A previous version of this article incorrectly …
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By Nelson Banya and Helen Reid (Reuters) – A South African company is dumping the sludgy byproduct of mining into a historical diamond pit after the tailings dam that had …
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By Nelson Banya (Reuters) – South African authorities shut down the Jagersfontein diamond tailings dam in 2020 due to high water levels before allowing it to reopen last year, a …
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JOHANNESBURG (Reuters) – South Africa’s rand weakened on Thursday as the dollar hit a fresh two-decade high after U.S. data showed a strong economy, raising more expectations of higher interest …
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NEW YORK, N – A South Sudanese diplomat working at the United Nations has been released without being charged, claiming diplomatic immunity after he was accused of raping a New …
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Bucking The Trend, One Small African Region Is Taking Sides With Taiwan Micaela Burrow on August 12, 2022 As China’s economic ties to Africa entrench further, one small, semi-autonomous African …
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JOHANNESBURG – Monkeypox outbreaks in Africa are not concentrated among gay men, unlike in other parts of the world, experts from the World Health Organization (WHO) and the Africa CDC …
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Denver – The United States Attorney’s Office for the District of Colorado announces a federal jury found Lawrence Rudolph, age 67, guilty of murdering his wife, Bianca Rudolph, and of …
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By Nqobile Dludla JOHANNESBURG – Vodacom Group will retain full ownership of a new subsidiary that will take over its South African tower business, the telecoms company said on Thursday, …
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By Ahmed Eljechtimi MARRAKECH, Morocco – The African Development Bank (AfDB) is seeking additional capital for its fund offering infrastructure finance at cheap rates to low-income and fragile African economies, …
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LONDON – Nine months after the world’s first malaria vaccine was recommended for use, international vaccine alliance Gavi invited countries to apply for financial support to roll out the jab, …
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African Nation Demands Massive Bailout From IMF. It Hasn’t Worked Out The Last 17 Times Micaela Burrow on July 12, 2022 Ghana’s president announced his intention to request a loan …
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By Rachel Savage LONDON – African countries’ debts with China are a third of what they owe non-Chinese private lenders, while interest rates are just over half, according to a …
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By Pete Schroeder WASHINGTON – The U.S. commodities regulator announced on Thursday it had filed civil charges against a South African man and his company for operating a fradulent commodity …
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HANOI – Vietnam said on Wednesday it had successfully developed a vaccine to administer to pigs to fight African swine fever, with the aim of becoming the first country to …
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JOHANNESBURG – Below are some quotes from South African Reserve Bank Governor Lesetja Kganyago on Thursday as he announced the central bank’s decision to raise benchmark repo rate by 50 …
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U.S. Attorney Cole Finegan Joins African American Community Leaders at Vigil for Mass Shooting Victims
by DOJ PressRemarks as delivered It is a sad honor to be with you this afternoon. The news of the tragic shootings in Buffalo, and elsewhere, are at the forefront of our …
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Biden Reverses Trump, Puts US Troops Back In War-Torn African Nation Jennie Taer on May 16, 2022 The Biden administration is deploying less than 500 troops to Somalia to counter …
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CAPE TOWN – South Africa’s metal-workers’ union said it will launch a wage-related strike on Wednesday at ArcelorMittal South Africa Ltd after talks with the management over salary hikes hit …
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By Camillus Eboh ABUJA – Nigeria expects to become an African hub for transshipment with a new deep seaport set to open in the commercial capital of Lagos before the …
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By Promit Mukherjee and Emma Rumney JOHANNESBURG – Coca-Cola’s estimated $3 billion initial public offering (IPO) for its African bottling unit will likely take place in the third quarter after …
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BANGUI – Central African Republic has adopted bitcoin as an official currency, the presidency said on Wednesday, becoming the first country in Africa and only the second in the world …
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JOHANNESBURG – African start-ups attracted a record $5.2 billion in venture capital last year, bouncing back from a pandemic-induced dip in 2020 with a nearly five-fold increase in investments, according …