Bloomberg A year after Brazilian oil giant Petroleo Brasileiro SA took a writedown of $2.1 billion because of the sweeping corruption scandal known as Carwash, another state-run company is getting closer to reporting its own price tag from graft losses. The team of lawyers and specialists hired by Centrais Eletricas Brasileiras SA has finished the bulk of its investigation to ...

Tripoli / AFP Libya’s UN-backed unity government moved to cement control over the country’s finances and institutions on Wednesday after the rival administration in Tripoli ceded power in a boost to efforts to end years of chaos. The concession late Tuesday by the militia-backed administration that had controlled Tripoli since 2014 was a major about-turn for a body that had ...

KANO/ AP Nigeria’s military has opened a camp to rehabilitate Boko Haram fighters who have surrendered and are repentant, according to a statement on Wednesday that urged other fighters to abandon the insurgency that has claimed 20,000 lives in six years. The military also said it has rescued 11,595 civilian hostages in attacks on Boko Haram camps and villages in ...