Author: Reuters

Africa

IMF approves nearly $350 million in funding for Congo

The International Monetary Fund said on Friday it approved about $348.5 million (R6 billion) in funding for the Democratic Republic of Congo after completing reviews... Read more.
FIFA World Cup

Soccer-Wissa double fires DR Congo to first World Cup win and England showdown

ATLANTA: Striker Yoane Wissa netted twice as the Democratic Republic of Congo reached the World Cup knockouts after fighting their way back from a half-time deficit... Read more.
News, World

Oil down 2% amid resumption of Hormuz shipments even as vessel hit near Oman

Crude prices sank 2% on Friday and were headed for steep weekly losses amid easing supply concerns as more stranded oil tankers exited the Strait of Hormuz, even... Read more.
South Africa

Rand firms as softer dollar offsets dour producer inflation figures

The rand strengthened against a softer dollar on Thursday as investors digested a US inflation reading that largely met expectations, while looking past hotter-than-expected... Read more.