Nigeria, Africa markets: Factors to watch on May 13

(Reuters) – The following company announcements, scheduled economic indicators, debt and currency market moves and political events may affect African markets on Wednesday. EVENTS: Ghana and Zambia’s central banks to announce the latest decisions on their respective benchmark lending rates. TANZANIA – Leaders of five-member state East African Community meet to discuss the political crisis in Burundi after President Pierre […]

We’re committed to good relations with Nigeria, South Africa says after diplomats recalled

(Reuters) – South Africa remains committed to maintaining friendly relations with Nigeria after Abuja recalled its ambassador to Pretoria in the wake of attacks on immigrants, the department of international relations said on Sunday. Acting High Commissioner Martin Cobham and Deputy High Commissioner Uche Ajulu-Okeke were asked to return to Nigeria for consultations in the […]

Murder, abuse as Africans, Bangladeshis groan in deadly migrant crossing

(Reuters) – Italian investigators are piecing together a picture of beatings and abuse that hundreds of Africans and Bangladeshis suffered before setting sail from Libya to Italy, only to drown late on Saturday in one of the worst migrant shipwrecks ever in the Mediterranean. Among the testimonies prosecutors have gathered from 28 survivors are recollections […]