Africa
Kenyan beer firm asks court to block Diageo’s $2.3bn EABL sale to Asahi
A Kenyan beer distribution firm has filed a case at Kenya’s high court seeking to block Diageo’s $2.3bn sale of its local subsidiary EABL to Japan’s Asahi Holdings over pending litigation, a lawyer for the challenger said on Wednesday.
By Reuters
Ethiopia’s international bond climbs after draft deal with creditors
The deal, if approved by the IMF and Ethiopia’s creditors, includes a 15% principal write-down
By Reuters
Uganda bans live broadcasts of riots and ‘unlawful processions’ ahead of vote
Ugandan authorities ban live riot broadcasts ahead of fiercely contested January 15 election
By Reuters
At least 30 killed in Nigeria market attack
Police say gunmen stormed a market in Niger State, killing at least 30 people and abducting several others
By Reuters
Gabon replaces finance minister as debt worries mount
Prominent banker Henri-Claude Oyima is out after taking on the role in May
By Reuters
Seven bodies recovered, 96 rescued after migrant boat capsizes in Gambia
Latest deadly incident along one of the world’s most dangerous migrant routes
By Reuters
Uganda detains human rights campaigner ahead of election
Police confirm Sarah Bireete, a frequent anti-government commentator, is being held
By Reuters
Coup leader wins presidential election in Guinea
Mamady Doumbouya’s turn towards resource nationalism has boosted his popularity
By Reuters
Nigeria’s central bank forecasts 4.49% economic growth in 2026
Nigeria's central bank forecasts 4.49% economic growth by 2026, with inflation projected to average 12.94%
Former Nigerian justice minister in court on money-laundering charges
Abubakar Malami conspired to acquire assets using illicit funds, watchdog alleges
By Reuters
Ivory Coasts’s ruling party strengthens grip with 197 seats
President Alassane Ouattara’s RHDP party increases its majority at polls as Tidjane Thiam’s PDCI falters
By Reuters
Zimbabwe to boost power supply by 400MW with $455m Hwange plant upgrade
India’s Jindal Steel secures 15-year concession to upgrade ageing units and operate the power plant
Axis seeks $29bn from Guinea over revoked bauxite permit
UAE-based miner seeks arbitration at World Bank tribunal over loss of permit in May
By Reuters
Namibia’s diamond revenue overtaken by gold and uranium for the first time
Tax revenue from diamonds down 79% while uranium and gold beat forecasts
By Reuters
AfDB seeks donor backing to plug funding gap as US support falters
African Development Bank's donor-pledging conference targets $25bn as US retreats
By Duncan Miriri and Reuters
