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Rainy day hastens sovereign wealth funds’ refocus to home

LONDON (Reuters) – Famed for snapping up glitzy real estate and stakes in troubled international banks during the global financial crisis, sovereign wealth funds are investing more at home, a trend set to accelerate in the wake of the economic carnage wrought ... More »

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Nigerian comics fight COVID-19 with gags and slapstick slaps

LAGOS (Reuters) – Nigerian comedian Maryam Apaokagi has a sure-fire way of getting people to listen to her coronavirus health advice – she delivers it with a hard slap in the face. The 21-year-old has joined a line-up of the nation’s top performers working hea... More »

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Nigeria taps the power of music to try to beat coronavirus

LAGOS (Reuters) – Two dozen Lagos healthcare workers in scrubs and face masks rushed outside the isolation tents and, making sure to keep six feet apart on the bright green grass, danced and swayed as a saxophone and trumpet struck up the band. Inside the tent... More »

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OPEC+ debates biggest ever cut as virus destroys oil demand

DUBAI/LONDON/MOSCOW (Reuters) – OPEC and allies are working on a deal for an unprecedented production cut equivalent to around 10% of global supply, an OPEC source said after U.S. President Donald Trump called on oil nations to stop the oil rout caused by the ... More »

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Wanted: Artists to live and work in Lagos, Nigeria

(This 4th November story is refiled to fix punctuation in name of foundation) By Alexis Akwagyiram and Nneka Chile LAGOS (Reuters) – An artist who was born in Britain and raised in Nigeria has announced plans for a program to get painters, sculptors and other ... More »

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Vietnam seizes 125 kg of rhino horns, seven tiger carcasses

HANOI (Reuters) – Vietnam said it has seized more than 125 kg (275 lb) of rhino horns hidden in plaster blocks and shipped from United Arab Emirates, the latest large-scale wildlife trafficking case in Southeast Asia. The rhino horns were discovered earlier th... More »

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The highs and lows of fans watching the Africa Cup of Nations

(Reuters) – “If football was a president we would have a peaceful and exciting country,” – the words of a young South Africa fan speaking to Reuters while watching his team play in the Africa Cup of Nations perfectly capture the unifying force of the world’s m... More »

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Libya arrests suspected al Qaeda leader, source says

TRIPOLI. (Reuters) – Libyan authorities have arrested a suspected al Qaeda leader who fled from the eastern city of Derna, once a jihadist bastion, a source in the attorney general’s office said on Friday. Abdel Qader Azuz was arrested in the western city of M... More »

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China bans raising pigs in wild boar areas to block swine fever

BEIJING (Reuters) – China’s agriculture ministry said on Monday it will ban pig farming in areas inhabited by wild boars to prevent the spread of highly contagious African swine fever. China, the world’s top pork producer, has reported more than 80 outbreaks o... More »

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Senegal opens new art museum honoring black civilization

DAKAR (Reuters) – Senegal has opened one of Africa’s largest art collections, one of a series of new museums on the continent that could eventually receive thousands of artefacts from European museums that were looted during the colonial era. President Macky S... More »

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At Dakar Biennale, Africa’s artists urged to seize chance

DAKAR (Reuters) – Senegal’s old Palais de Justice sits among some of the most sought-after real estate in the capital Dakar, where it shares a stunning sea view with the nearby French ambassador’s residence. So, many Senegalese were surprised when 18 months ag... More »

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Tillerson cuts short Africa trip to return to Washington

U.S. Secretary of State Rex Tillerson listens to a question during a news conference in Nairobi, Kenya, March 9, 2018. REUTERS/Jonathan Ernst NAIROBI (Reuters) – U.S. Secretary of State Rex Tillerson has cut short his first trip to Africa to return to Washingt... More »

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Facebook to open digital training hubs in Europe

FILE PHOTO: Balloons are seen in front of a logo at Facebook’s headquarters in London, Britain, December 4, 2017. REUTERS/Toby Melville/File Photo BRUSSELS (Reuters) – Facebook (FB.O) said on Monday it will open three new centers in Europe to train people in d... More »

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Benin photographer captures voodoo via the lens

COTONOU, BENIN (Reuters) – Hundreds of Beninois marked National Voodoo Day, celebrating the once-banned religion on Wednesday with a series of ceremonies across the country. Voodoo is an ancient belief system practiced by more than 65 percent Benin’s 7 million... More »

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Ebola victims sue Sierra Leone government over mismanaged funds

Ibrahim Tommy (L), head of the Centre for Accountability and the Rule of Law, and Yusuf Kabbah, head of Sierra Leone Association of Ebola Survivors, attend a news conference in Freetown, Sierra Leone December 15, 2017. REUTERS/Umaru Fofana FREETOWN (Reuters) –... More »

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Zimbabwe’s military muscles into first post-Mugabe cabinet

Zimbabwean President Emmerson Mnangagwa officiates at a university graduation ceremony in Chinhoyi, near Harare, Zimbabwe, December 1, 2017. REUTERS/Philimon Bulawayo HARARE (Reuters) – Zimbabwe President Emmerson Mnangagwa appointed senior military officials ... More »

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Oil prices rise after OPEC extends output curbs

A oil pump is seen at sunset outside Scheibenhard, near Strasbourg, France, October 6, 2017 . REUTERS/Christian Hartmann LONDON (Reuters) – Oil prices rose on Friday, following an agreement by OPEC and other major producers to extend output curbs until the end... More »

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Oil edges up towards $49, U.S. drilling slowdown supports

FILE PHOTO: A man pumps petrol for his car at a petrol station in Hanoi, Vietnam December 20, 2016. Oil edged up to around $49 a barrel on Monday as a slowdown in the increase of rigs drilling in the United States eased concern that surging shale supplies will... More »

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Oil rises above $48 as API reports drop in U.S. fuel stocks

FILE PHOTO: An employee pumps petrol into a car at a petrol station in Hanoi, Vietnam December 20, 2016. Oil rose above $48 a barrel on Wednesday in response to a fall in U.S. fuel inventories and a cut in the U.S. government’s forecast for crude output next y... More »

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Brent crude stabilizes near $50 a barrel

An oil well pump jack is seen at an oil field supply yard near Denver, Colorado, U.S., February 2, 2015. REUTERS/Rick Wilking/File Photo Oil prices flirted with both positive and negative territory on Tuesday, hovering around $50 a barrel on tentative signs th... More »

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Oil prices edge up on first drop in U.S. drilling in months

FILE PHOTO: A wellhead is seen at an Occidental Petroleum Corp carbon dioxide enhanced oil recovery project in Hobbs, New Mexico, U.S. on May 3, 2017. REUTERS/Ernest Scheyder Oil prices edged up on Monday, supported by the first fall in U.S. drilling activity ... More »

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Asia shares dragged under by U.S. tech slide, dollar firm

FILE PHOTO: Men look at an electronic board showing stock market information at a brokerage house in Beijing, China January 5, 2016. REUTERS/Kim Kyung-Hoon/File Photo Asian stocks fell on Monday, with electronics heavyweights such as Samsung Electronics knocke... More »

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OPEC extends oil output cut by nine months to fight glut

OPEC President, Saudi Arabia’s Energy Minister Khalid al-Falih, and OPEC Secretary General Mohammad Barkindo talk to journalists before the beginning of a meeting of the Organization of the Petroleum Exporting Countries (OPEC) in Vienna, Austria, May 25, 2017.... More »

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Oil up on falling U.S. inventories, Saudi cuts to Asia

Crude oil storage tanks are seen from above at the Cushing oil hub, in Cushing, Oklahoma, March 24, 2016. REUTERS/Nick Oxford/File Photo Oil prices rose on Thursday, with global benchmark Brent crude trading comfortably above $50 a barrel after a fall in U.S. ... More »

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U.S. watching piracy increase off Somalia, sees ties to famine

U.S. Defense Secretary James Mattis boards a U.S. Air Force C-17 for a day trip to a U.S. military base in Djibouti from Doha, Qatar April 23, 2017. REUTERS/Jonathan Ernst The United States is closely watching a recent increase in piracy off the coast of Somal... More »

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Oil up on U.S. gasoline stocks, but market bloated

FILE PHOTO: An oil pump jack can be seen in Cisco, Texas, August 23, 2015. REUTERS/Mike Stone/File Photo Oil prices rose on Thursday, supported by an unexpected draw in U.S. gasoline inventories, although bloated crude supplies meant that fuel markets remain u... More »

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Beset by economic, political woes, Nigerians protest for change

REFILE – CLARIFYING CAPTION A man rides his tricycle with placards as he takes part in a rally to show support for Nigeria’s President Muhammadu Buhari in Abuja, Nigeria Febuary 6, 2017. REUTERS/Afolabi Sotunde Hundreds of Nigerians called for a change of gove... More »

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Ministers laud strong start to OPEC, non-OPEC oil output cuts

A flag with the Organization of the Petroleum Exporting Countries (OPEC) logo is seen before a news conference at OPEC’s headquarters in Vienna, Austria December 10, 2016. REUTERS/Heinz-Peter Bader OPEC and non-OPEC countries have made a strong start to loweri... More »

Merkel calls on African Union to help solve Libya conflict

German Chancellor Angela Merkel arrives at the National Palace in Ethiopia’s capital Addis Ababa October 11, 2016. REUTERS/Tiksa Negeri German Chancellor Angela Merkel, on a trip to Ethiopia, said she wanted the African Union to get involved in trying to solve... More »

Nigeria’s music scene becomes a cultural export

LAGOS Each night as darkness descends on Lagos, Nigeria’s commercial capital, sweat-drenched young men and women descend on the megacity’s numerous nightclubs to dance to the latest hit songs. Much like the famous “Nollywood” film industry, music is now big bu... More »

Oil prices rise on Nigeria outages, Goldman forecast

LONDON Oil prices jumped over 2 percent on Monday to their highest since November 2015 on growing Nigerian oil output disruptions and after long-time bear Goldman Sachs said the market had ended almost two years of oversupply and flipped to a deficit. Brent cr... More »

Nigeria investigates banking deals, questions CEOs

LAGOS Nigeria’s central bank (CBN) and law enforcement agencies have launched an investigation into various banking deals after allegations of illegal transactions, it said on Tuesday, and authorities are questioning top executives at several banks. President ... More »

Saudi-Iran tensions scupper deal to freeze oil output

DOHA A deal to freeze oil output by OPEC and non-OPEC producers fell apart on Sunday after Saudi Arabia demanded that Iran join in despite calls on Riyadh to save the agreement and help prop up crude prices. The development will revive oil industry fears that ... More »

WHO experts signal victory over one of three polio strains

GENEVA The world should stop vaccinating children against one of the three strains of the crippling polio virus as part of a drive to eradicate the disease once and for all, a group of health experts has advised the World Health Organization. There is no cure ... More »