Citigroup has created a separate services group within its investment-banking coverage of the industrials sector and appointed two global co-heads to oversee the new division.
The stunning ruling by Kenya’s Supreme Court to annul last month’s presidential election marks a new threshold for democracy in Africa, and a new front in a battle of ideas over resurgent authoritarianism elsewhere on the continent.
Kenya’s president promised to “fix” the judicial system a day after the Supreme Court nullified his re-election, and he warned the chief justice and judiciary not to interfere with the electoral commission.
Kenya’s supreme court on Friday annulled the country’s presidential election results and called for a new poll, an unprecedented ruling on the African continent that catapulted one of its top economies into uncharted territory.
In photos selected Friday by Wall Street Journal editors, Kenya gets a new presidential election, Texas copes with Harvey, German conceptual artist Ottmar Hörl gears up for a show in Nuremberg, and more.
Angola’s presumptive president-elect, João Lourenço, faces the challenge of guiding Africa’s No. 2 crude producer and its 29 million citizens out of the country’s gravest economic crisis in more than a decade and keep international companies investing.
Facebook is once again in hot water for allowing objectionable videos on its website, this time drawing a rare rebuke from a United Nations agency.
South African Reserve Bank Gov. Lesetja Kganyago said further interest-rate cuts will depend on policy makers’ comfort with the inflation outlook.
The ruling party in Angola claimed victory in a national election after preliminary results were announced Thursday, setting the stage for João Lourenço to become the country’s first new president in 38 years.
Oil prices fell Thursday as concerns over a hurricane headed for the coast of Texas outweighed improving data on U.S. stockpiles and reports that the global oil cartel will consider extending a deal to cut back global supply.
The oil cartel OPEC said all options remained open at its next meeting in November, including extending its effort to reduce the global petroleum glut by withholding supplies—a move that one member, Angola, now says it prefers.
Angolans headed to the polls Wednesday to vote for their first new president in almost four decades, amid an economic crisis that has hurt Africa’s No. 2 oil producer and exacerbated complaints of mismanagement of the nation’s resources.
Oil prices edged higher on Tuesday, driven by supply disruptions in Libya and expectations for a drop in U.S. crude stockpiles.
Angolans go to the polls on Wednesday to pick their first new president in decades, but money-laundering and bribery cases in Portugal are raising questions about the ability of Africa’s No. 2 oil producer to tackle corruption and right its economy.
Nigerian President Muhammadu Buhari said his government will step up its campaign against Islamic extremist rebels, but he made no mention of his health he spoke to the nation for the first time after more than three months of medical treatment in London.
Police focused on Moroccan national Abdelbaki Es Satty, who until recently led a mosque in Ripoll, Spain, hometown of many of the 11 other suspects in last week’s terrorism.
Police are seeking a 22-year-old Moroccan-born man who may have driven the van that barreled down Las Ramblas, while investigators say a former imam may have radicalized the men who carried out the terror attack.