By Duncan Miriri NAIROBI (Reuters) – Ethiopian Airlines expects its passenger business to recover to pre-pandemic levels in its financial year ending in June, its chief executive told Reuters. A[...]
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Africa
Special Report-Binance’s books are a black box, filings show, as crypto giant tries to rally confidence
By Tom Wilson, Angus Berwick and Elizabeth Howcroft LONDON (Reuters) – The world’s biggest crypto exchange, Binance, is battling to shore up confidence after a surge in customer withdrawal[...]
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Factbox-How governments are trying to ease impact of inflation
(Reuters) – Pandemic-related disruptions to global supply chains and the effects of Russia’s war in Ukraine have driven up prices of energy, commodities and necessities. Here’s how g[...]
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United Arab Emirates to host next major WTO meeting in Feb. 2024
GENEVA (Reuters) – The next World Trade Organization ministerial conference will be held in Abu Dhabi, United Arab Emirates in February 2024, the global trade watchdog confirmed in a statement o[...]
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World Bank’s IFC sees ‘huge’ potential to boost investment in Africa
By Andrea Shalal WASHINGTON (Reuters) – The World Bank’s private investment arm sees huge potential to boost investment in Africa and help support entrepreneurship and digital transformati[...]
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Ghana begins tackling debt restructuring pain as it secures IMF deal
(This Dec.14 story has been corrected to fix the company name to PineBridge Investments) By Rachel Savage JOHANNESBURG (Reuters) – Days after launching a bold domestic bond overhaul, Ghana struc[...]
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Meta accused in lawsuit of allowing posts that inflamed Ethiopia conflict
By Katie Paul and Ayenat Mersie (Reuters) – Meta Platforms was accused in a lawsuit filed in Kenya on Wednesday of letting violent and hateful posts from Ethiopia flourish on Facebook, inflaming[...]
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Boeing to keep pushing Congress to extend 737 MAX 10 deadline
By David Shepardson NORTH CHARLESTON, S.C. (Reuters) -Boeing Commercial Airplanes Chief Executive Stan Deal on Tuesday said the U.S. planemaker will continue to push Congress to pass legislation for t[...]
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Ghana expects $3 billion IMF loan approval early in 2023
By Cooper Inveen and Christian Akorlie ACCRA (Reuters) – The International Monetary Fund (IMF) is poised to lend Ghana $3 billion as the African nation grapples with its worst economic crisis in[...]
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