Africa

Nigeria trims 2015 growth forecast amid uncertainty over oil and naira

LAGOS - Nigeria expects economic growth this year of 5.54 percent, down from an estimated 6.23 percent for 2014, after the government trimmed expenditure because of the oil price slump, the statistics office said on Thursday.

Recent Africa News

Central African Republic government says rejects ceasefire deal 29 Jan 2015

BANGUI - The government of Central African Republic said on Thursday it rejected a ceasefire deal made in Kenya between two militia groups aimed at ending more than a year of clashes and attacks in which thousands have died.

Soco cuts 2015 investment budget, reviews all assets 29 Jan 2015

LONDON - Oil producer Soco International , which came under fire for wanting to drill for oil in a national park in Congo, has reduced its 2015 investment budget by more than 60 percent from 2014 and is reviewing its entire asset portfolio.

Madagascar seeks international aid after tropical storm kills 68 28 Jan 2015

NAIROBI - Madagascar's government appealed for international aid on Wednesday after a tropical storm earlier this month devastated large swathes of the Indian Ocean island, causing damage worth around $40 million (26.35 million pounds).

Sudanese rebels detain six Bulgarians - Bulgarian foreign ministry 28 Jan 2015

SOFIA - Six Bulgarians working with the U.N.'s World Food Programme (WFP) were detained by Sudanese rebels after their helicopter made an emergency landing in Sudan's war-torn South Kordofan province, the Bulgarian foreign ministry said.

Mozambique says death toll rises after heavy flooding 28 Jan 2015

MAPUTO - More than 100 people have been killed and 150,000 displaced by floods in Mozambique, a senior government official said on Wednesday, as southern Africa counts the human and economic costs of this month's torrential rains.