S&P Global acquires majority stake in Nigerian ratings firm

S&P Global said on Tuesday that it had acquired a majority stake in Lagos-based credit ratings agency Agusto & Co. to expand its presence in Africa's domestic credit ratings market.

Algeria to reopen embassy in Somalia after four decades

Algeria's embassy has been closed since 1985, and the planned reopening comes more than a year after Somalia reopened its mission in Algiers.

Cameroon politics: Where is President Paul Biya?

The opposition has called for an official clarification on the whereabouts of President Paul Biya even after the ruling party said he was running the government while abroad.