Africa is home to seven of the 10 fastest growing economies globally. This section of Biznews targets existing and potential investors into the African continent. Editors curate the most important news about African business, infrastructure development and investment, including emerging market essentials, trade and development, economic insights, SADC, ECOWAS and EAC region reports.
CAIRO (Reuters) – An Egyptian court on Tuesday banned the leaders of autocratic ex-president Hosni Mubarak’s party from running in any coming elections but did not list any names, drawing complaints about a lack of clarity that could blunt the move’s impact. Mubarak’s National Democratic Party won all elections during his 30-year rule, mostly by … Read more
DAKAR (Reuters) – Senegal reopened its border with Guinea on Tuesday, over a month after it sealed land crossings with its southern neighbour to try to prevent the spread of the Ebola virus that has killed dozens in Guinea. The move comes days after Guinea’s President Alpha Conde said the 4-month outbreak – which has … Read more
JUBA (Reuters) – U.N. Secretary General Ban Ki-moon flew into South Sudan on Tuesday to urge government troops and rebels to end more than four months of fighting – the second peace mission there by a major global figure in less than a week. Ban was expected to meet South Sudanese President Salva Kiir, part … Read more
By Stephanie Nebehay GENEVA (Reuters) – The United Nations warned Islamist Boko Haram militants on Tuesday that there was no statute of limitations if they carried out their leader’s threat to sell more than 200 Nigerian schoolgirls kidnapped last month. Boko Haram leader Abubakar Shekau said in a video released on Monday that Allah (God) … Read more
NAIROBI (Reuters) – At least 33 people in Kenya died on Monday night and Tuesday from drinking illegal liquor, local media and government officials said on Tuesday. Some 45 have been hospitalised and several have gone blind. Television footage showed victims writhing in pain in local hospitals in the eastern and central counties of Embu, … Read more
KINSHASA (Reuters) – A military court in the Democratic Republic of Congo has sentenced two soldiers to life in prison over a notorious incident of mass rape in 2012, a lawyer for the defence said on Monday. At least 97 women and 33 girls, some as young as six, were reported to have been raped … Read more
NIAMEY (Reuters) – About 30 migrants from Niger are missing in the Sahara desert without food or water after their driver abandoned them once they crossed into neighbouring Algeria, military sources in Niger said on Monday. Niger, for decades a transit country for migrants trying to reach North Africa or Europe, has pledged to halt … Read more
VIENNA (Reuters) – British Foreign Minister William Hague offered on Tuesday to help Nigeria secure the release of more than 200 schoolgirls kidnapped by Islamist militant group Boko Haram last month. “We are offering practical help,” Hague told reporters as he arrived for a Council of Europe meeting in Vienna to discuss ways to defuse the situation … Read more
By Phil Stewart and Shrikesh Laxmidas LUANDA (Reuters) – U.S. Secretary of State John Kerry threatened sanctions and other “consequences” for South Sudan’s rebel leader Riek Machar on Monday if he refuses to commit to peace talks aimed at ending more than four months of fighting that has killed thousands. Kerry flew to South Sudan … Read more
YAOUNDE (Reuters) – At least one gendarme was killed during an attack by suspected Boko Haram militants in northern Cameroon near the Nigerian border early on Monday, Cameroon’s state radio and a government spokesman said. State radio said some 30 suspected members of the Nigerian armed Islamic group attacked a gendarme post at around 2 … Read more