Africa News Headlines
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Swiss orders Gunvor to pay $95 million in Congo oil corruption case
LONDON (Reuters) - Swiss federal prosecutors have found oil trading firm Gunvor Group criminally liable for corruption in Congo Republic and Ivory Coast, ordering it to pay almost 94 million Swiss francs ($94.8 million), the Swiss Attorney General's Office said on Thursday.
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Eyeing economic growth, South Africa seeks to renegotiate old renewables projects
JOHANNESBURG (Reuters) - South Africa has started discussions with power producers to try to get cheaper electricity from some older renewable energy projects and give the economy a boost, several participants in the talks say.
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UPDATE 1-Swiss orders Gunvor to pay $95 mln in Congo oil corruption case
LONDON, Oct 17 (Reuters) - Swiss federal prosecutors have found oil trading firm Gunvor Group criminally liable for corruption in Congo Republic and Ivory Coast, ordering it to pay almost 94 million Swiss francs ($94.8 million), the Swiss Attorney General's Office said on Thursday.
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Kremlin says worried by humanitarian fallout from Turkey's Syria incursion
MOSCOW, Oct 17 (Reuters) - The Kremlin said on Thursday it was concerned by the humanitarian situation in northern Syria following Turkey's decision to launch a military operation there.
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Turkey could boost 2020 spending for Syria 'safe zone' housing
ANKARA, Oct 17 (Reuters) - Turkey could allocate funds in its 2020 budget for building housing for refugees in a "safe zone" it wants to set up in northern Syria after a military incursion there, the head of the presidency's budget directorate said on Thursday.
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EMERGING MARKETS-EM stocks rise on trade optimism; Turkish lira holds steady
Oct 17 (Reuters) - Emerging market stocks rose for the sixth straight session on Thursday buoyed by lingering trade optimism, while the Turkish lira held steady ahead of a top-level meeting between Turkey and the United States regarding Syria.
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South Africa's Eskom forced to cut power for a second day
JOHANNESBURG (Reuters) - South African power utility Eskom warned of a second day of power cuts on Thursday citing a number of generating units still out of service.
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Scientists find how deadly malaria parasite jumped from gorillas to humans
LONDON (Reuters) - Scientists who resurrected a 50,000-year-old gene sequence have analyzed it to figure out how the world's deadliest malaria parasite jumped from gorillas to humans - giving insight into the origins of one of human history's biggest killers.
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UPDATE 3-Guinea government confirms nine people killed in political protests this week
CONAKRY, Oct 16 (Reuters) - Nine protesters were killed this week in Guinea during demonstrations against a possible change to the constitution that could let President Alpha Conde seek a third term, the government said on Wednesday.
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Lebanese salesman masterminded $2 billion Mozambique loan scheme, U.S. jury told
NEW YORK (Reuters) - Jean Boustani, a lead salesman for a Lebanese shipbuilding company, was the "mastermind" of a conspiracy to defraud U.S. investors involving $2 billion in loans for Mozambican government projects, a U.S. prosecutor told jurors at the opening of his trial on Wednesday.
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