ACCRA (Reuters) – Ghana has again extended the deadline to register for its domestic debt exchange, this time to Jan.…
Foreign investors pour $925 million into Egypt since Wednesday
CAIRO (Reuters) – Foreign investors transferred more than $925 million dollars into the Egyptian foreign exchange market in the three…
Egypt to sell discounted bread to fight inflation
By Sarah El Safty CAIRO (Reuters) -Egypt’s government will start selling discounted bread to people not enrolled in its bread…
Investors snap up record $39 billion emerging market sovereign bond splurge
By Jorgelina do Rosario LONDON (Reuters) – Developing countries have sold a huge $39 billion of international bonds since the…
Yellen leads new U.S.-Africa policy with trip to Senegal, Zambia, South Africa
By Andrea Shalal WASHINGTON (Reuters) – U.S. Treasury Secretary Janet Yellen will travel to Senegal, Zambia and South Africa during…
IMF chief heading to Zambia, says new debt ’roundtable’ to meet in February
By Andrea Shalal WASHINGTON (Reuters) – A new global sovereign debt “roundtable” that will include China, other creditors and some…
Crisis-hit Ghana increases public servant salaries by 30%
ACCRA (Reuters) – Ghana’s government and trade unions on Thursday agreed to increase all public servants’ salaries by 30% for…
Freeport LNG may extend Texas plant restart to February- sources
By Marwa Rashad and Julia Payne LONDON (Reuters) – Top U.S. gas exporter, Freeport LNG, is expected to further extend…
Congo beer factory a beacon in region rocked by rebels
By Erikas Mwisi Kambale BENI, Democratic Republic of Congo (Reuters) – Bottles of beer zip along a conveyor belt in…
South Africa’s Telkom, Rain terminate deal talks; Telkom shares jump
JOHANNESBURG (Reuters) – South African telecoms operator Telkom and data network provider Rain have terminated discussions about a potential acquisition…