JOHANNESBURG (Reuters) – South Africa’s rand was steady on Friday after the release of U.S. jobs data, which increased bets of an interest rate cut by the Federal Reserve later this month. At 1507 GMT, the rand traded at 18.0075 against the U.S. dollar, not far from its previous close. U.S. nonfarm payrolls increased by …
BERLIN (Reuters) -The World Health Organization said on Friday it is deploying experts to support health authorities in the Democratic Republic of Congo to investigate an as-yet undiagnosed disease linked to multiple deaths in a remote area of the country. The WHO experts are on their way to Panzi, a locality in the southwestern Kwango …
WHO sends experts to help Congo diagnose mystery disease Read More »
By Camillus Eboh ABUJA (Reuters) – Nigeria’s Senate has passed a bill seeking to make it a crime to export large quantities of unprocessed corn in an effort to alleviate hunger in the West African nation, documents seen by Reuters on Friday showed. Africa’s most populous country is grappling with its worst cost-of-living crisis in …
Nigeria’s Senate seeks to criminalise corn exports to tackle hunger Read More »
By Ahmed Eljechtimi RABAT (Reuters) – The African Development Bank (AfDB) signed a deal on Thursday to lend 350 million euros ($370 mln) to Morocco and is considering loaning the country another 650 million euros to finance infrastructure for the 2030 World Cup. The agreed loan would help Morocco boost economic governance, strengthen water supplies …
African Development Bank pledges $1 billion to Morocco Read More »
KAMPALA (Reuters) – The Ugandan shilling was little changed on Friday, with a slight bias towards weakening because of hard-currency appetite from commercial banks, traders said. At 0740 GMT commercial banks quoted the shilling at 3,665/3,675 to the dollar, compared to Thursday’s closing level of 3,663/3,673. (Reporting by Elias Biryabarema; Editing by Alexander Winning)
NAIROBI (Reuters) – The Kenyan shilling was stable on Friday on dollar inflows from the tourism sector and tea exports, one trader said. The shilling traded at 129.00/129.50 per dollar at 0656 GMT, the same as Thursday’s closing rate. “The shilling is gaining strength against the dollar,” the trader said. “There’s more supply than demand.” …
Kenyan shilling stable on FX inflows from tourism, tea exports Read More »
RABAT (Reuters) -The African Development Bank plans to lend Morocco 650 million euros to develop transportation infrastructure for the World Cup in 2030, MAP state news agency quoted the bank’s head as saying on Thursday. Bank President Akinwumi Adesina said financing to develop Morocco’s rail and airport infrastructure for the World Cup would be put …
Morocco to get loan for 2030 World Cup infrastructure Read More »
By Maxwell Akalaare Adombila ACCRA (Reuters) – Ghana’s two main presidential contenders staged rival rallies in the capital, Accra, on Thursday evening, courting voters in a final push ahead of the world’s second biggest cocoa producer’s legislative and presidential election set for Saturday. Former president John Dramani Mahama, leader of the main opposition National Democratic …
Ghana’s presidential frontrunners in last-minute rally for votes Read More »
(Reuters) -Bitcoin catapulted above $100,000 for the first time on Thursday, a milestone hailed even by sceptics as a coming-of-age for digital assets as investors bet on a friendly U.S. administration to cement the place of cryptocurrencies in financial markets. Once it broke $100,000 in Thursday’s Asian morning, boosted by U.S. President-elect Trump’s nomination of …
Bitcoin storms above $100,000 as Trump 2.0 fuels crypto euphoria Read More »
By Gertrude Chavez-Dreyfuss NEW YORK (Reuters) -The euro rallied on Thursday as French government bonds steadied a day after the collapse of France’s government, even as bitcoin soared to a record past $100,000, with investors cheering the nomination of a pro-cryptocurrency head to run the U.S. Securities and Exchange Commission. The spread between French and …
Euro rebounds as French bonds stabilize; bitcoin jumps past $100,000 Read More »
