Milan, Italy | AFP | Oil giants Eni and Shell go on trial in Milan on Monday, charged with bribery and corruption in the purchase of an offshore oilfield in Nigeria. Eni CEO Claudio Descalzi, his predecessor Paolo Scaroni and several officials from Eni and Shell are among those facing …
Read More »Kenya raises US$2bn in new Eurobond
Kampala, Uganda | THE INDEPENDENT | On Feb 22, Kenya’s Treasury said it raised US$ 2 billion in a new sovereign bond issue listed at the London Stock Exchange (LSE). The Treasury said the Bond attracted a significant level of interest leading to over subscription. “This issue was seven times …
Read More »Mass rally in Niger to back 2018 budget
Niamey, Niger | AFP | Tens of thousands of supporters of Nigerien President Mahamadou Issoufou marched in the capital Niamey on Sunday after a number of opposition protests against the 2018 budget, which they say favours big business. Wearing t-shirts and brandishing banners in the colours of the ruling party, …
Read More »Sierra Leone leader defends presidential candidate, record
Kambia, Sierra Leone | AFP | Sierra Leone’s outgoing leader has defended the presidential candidate widely seen as his handpicked successor on amid accusations of personal interference, and hit out at opponents of an election day vehicle ban. The West African nation goes to the polls on Wednesday to choose …
Read More »EU aims to tax internet giants at ‘two to six percent’: France
Paris, France | AFP | The EU will soon unveil a plan for taxing major internet companies like Amazon and Facebook by imposing a levy of two to six percent on revenues in every country where they operate, French finance minister Bruno Le Maire said Sunday. “The range will be …
Read More »S. Korea’s Moon to send special envoys to North on Monday
Seoul, South Korea | AFP | South Korean President Moon Jae-in will send a team of special envoys — including Seoul’s spy chief — to the North on Monday to push for talks between Washington and Pyongyang on nuclear weapons. The delegation, announced by Moon’s office on Sunday, is the …
Read More »Four soldiers, 10 jihadists killed in Egypt Sinai campaign
Cairo, Egypt | AFP | Egypt’s military said on Sunday four soldiers and 10 jihadists were killed in a military operation in Sinai against Islamic State group jihadists. The deaths raise military casualties to at least 16 dead, along with more than 100 jihadists, since the start of the operation …
Read More »Seven dead in east DR Congo raid blamed on Uganda’s ADF rebels
Goma, DR Congo | AFP | Seven people died in a raid by suspected Ugandan Islamist rebels in eastern Democratic Republic of Congo, the latest in a string of deadly cross-border attacks, officials said Sunday. “Six people were shot dead and another was stabbed” in the village of Eringeti in …
Read More »Museveni fires Kayihura and Tumukunde
Kampala, Uganda | THE INDEPENDENT & AFP | President Yoweri Museveni has fired Police chief General Kale Kayihura and Security Minister Lt.Gen. Henry Tumukunde. Museveni has now appointed General Elly Tumwine, a former army commander, as Security Minister and Okoth Ochola as the Inspector General of Police. Ochola will …
Read More »Burkina Faso arrests likely key attack suspect: govt source
Ouagadougou, Burkina Faso | AFP | A suspected key figure in the deadly Burkina Faso attacks has been arrested, a government source said Sunday. Saying the person held could be “one of the brains” behind Friday’s attacks, the source told AFP there were “very strong suspicions” that “army infiltrators” had …
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