NYK Daily

Africa

S.Africa’s Eskom aims to stabilise grid by end-March after blackouts: president

JOHANNESBURG (Reuters) - South Africa’s state utility Eskom will work to stabilise the national power grid by the end of March in the wake...

France, Niger propose to postpone G5 Sahel meeting to early 2020

French President Emmanuel Macron and Niger President Mahamadou Issoufou agreed on Thursday to propose a postponement to early 2020 of a meeting of Sahelian...

South Africa’s growth forecasts slashed, recession risk high

JOHANNESBURG - Forecasts for South African growth were slashed in a Reuters poll of economists taken as rolling power shortages got worse, suggesting...

IMF, Ethiopia reach preliminary agreement on $2.9 bln financing package

WASHINGTON (Reuters) - The staff of the International Monetary Fund and the Ethiopian government have reached a preliminary agreement for a three-year, $2.9 billion...

Jiji raises $21M for its Africa online classifieds business

Pan-African digital classifieds company Jiji has raised $21 million in Series C and C-1 financing from six investors, led by Knuru Capital. The Nigeria-based venture, co-founded by...

Qatar Airways to take 60% stake in new Rwandan international airport

KIGALI - Qatar Airways has agreed to take a 60% stake in a new $1.3 billion international airport in Rwanda, the state-run Rwanda...

South Africa’s power crisis shuts down mines across country

JOHANNESBURG - Power blackouts in South Africa caused by flash flooding have shut down mining operations across the country, several mining companies said on...

Nobel peace laureate Abiy says militants, global powers threaten Horn of Africa

OSLO - Militant groups and global military powers both pose a threat to peace and stability in the Horn of Africa, Ethiopia’s Prime Minister...

As petrol prices rise, more Egyptians convert to duel-fuel vehicles

CAIRO - The number of Egyptians switching to duel-fuel vehicles is accelerating as the government pushes motorists to use cheaper, cleaner and plentiful natural...

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