Africa

 

Kenya's CFC Stanbic's pretax profit soars in first quarter

NAIROBI, May 21 - Kenya's CFC Stanbic Bank posted a 79.5 percent jump in pretax profit for the first quarter from a year ago to 1.46 billion shillings ($17.41 million).

Recent Africa News

Congo's army clashes with rebels near Goma

KINSHASA - Congo's army used combat helicopters to bombard rebel fighters on Monday near the city of Goma in the first clashes in nearly six months, days before U.N. Secretary-General Ban Ki-moon was due to visit the troubled eastern borderlands.

UPDATE 1-Congo's army clashes with rebels near Goma

* U.N.'s Ban due to visit Goma this week (Adds army use of attack helicopters, government spokesman's comments)

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Nigeria says has Islamists on defensive

MAIDUGURI - Nigeria claimed an early success for its military offensive against Islamist insurgents in the northeast on Monday, saying the militants' activities had been stifled by nearly a week of attacks on their bases.

UPDATE 2-South African worker demands roil shares, rand

* Wildcat strikes spread to auto industry (Recasts with auto strike)

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Somali government says guns won't decide disputed port's fate

MOGADISHU - Somalia's new government said on Monday it was pursuing talks to resolve rival claims for control in the south that have stoked fears of a return to the clan wars that pitched the nation into anarchy two decades ago.