Floods have caused almost a quarter of a million people to flee their homes after the Shabelle river in central Somalia broke its banks and submerged the town of Beledweyne, even as the country faces its most severe drought in four decades, according to the government.
China's Premier Li Qiang told visiting Eritrean President Isaias Afwerki on Monday their countries should "deepen mutually beneficial win-win cooperation and continuously enrich their strategic partnership" at a meeting in Beijing.
Turkey's lira held near a two-month low, its sovereign dollar bonds tumbled and the cost of insuring exposure to the country's debt spiked as the presidential election appeared headed for a runoff with incumbent president Tayyip Erdogan in the lead.
Kenyan telecoms operator Safaricom reported on Thursday a drop of 22% in group core earnings for the year to the end of March, as the cost of starting operations in Ethiopia piled on pressure.
At least $12 million a year has been freed up to help Ecuador protect the unique ecosystem of the Galapagos Islands with the sealing of the world's largest-ever 'debt-for-nature' swap.