May 29, 2020 - Abuja, Nigeria, Africa - Nigeria's five-year bond yield dropped more than 200 basis points on Friday as yields fell across maturities, a day after the central bank unexpectedly cut its benchmark lending rate to stimulate growth in Africa's largest economy, traders said.
May 29, 2020 - Tanzania, Africa - A Tanzanian court ruled on Friday that an opposition leader was guilty of sedition and incitement on accusations that he falsely said some 100 people were killed in clashes between herders and police in his home region in 2018.
May 29, 2020 - Addis Ababa, Ethiopia, Africa - Ethiopian security forces in Oromiya region have executed 39 opposition supporters and arrested thousands of others on accusation of being members of an armed group, Amnesty International said in a report on Friday.
May 29, 2020 - Johannesburg, South Africa, Africa - Administrators at South African Airways have asked for more time to publish a business rescue plan for the struggling state-owned airline so they can discuss new government restructuring proposals, a letter to creditors showed.
May 29, 2020 - Nairobi, Kenya, Africa - Mauritius's economy is expected to contract by between 7.5% and 15% in 2020 due to the effects of the coronavirus, which have hit its tourism, manufacturing, and transport sectors, the central bank governor said on Friday.