Business Africa

  • Algeria's oil minister, Chakib Khelil is the president of the Organization of Petroleum Exporting Countries (OPEC).

    The following is a list of oil prices needed for the nations to avoid having a budget deficit in 2008 and 2009 (as compiled by the IMF).

  • Aerial of iron ore ships at Port Hedland.

    Violent confrontations between Somali pirates and merchant ships’ armed guards could become more common as some shipping companies have reduced ship speeds through the highest-risk area to save on fuel, maritime experts have warned.

  • FCX CEO on Mining in Volatile Markets

    Richard Adkerson, Freeport-McMoRan CEO, discusses the impact the Grasberg strike had on his company and whether a vulnerability exists amid takeover speculation.

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    Euro zone worries mount and Malawi has a currency problem - it's time for your FX Fix.

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    Demography has rarely made it onto the political agenda. But that is changing. These days you see news items about China's one-child policy, or gendercide. And you hear a lot about the aging of populations in rich countries and the health and pensions problems this will bring.

  • Joseph Kony, leader of the rebel group the Lord?s Resistance Army that has been fighting a war against the Ugandan government for the past twenty years, makes a rare statement to the media during peace talks on August 1, 2006 on the Congo-Sudan Border.

    Joseph Kony, Ugandan rebel leader of the Lord's Resistance Army, has been exposed worldwide for known atrocities in a YouTube documentary video by the nonprofit group Invisible Children.

  • Mombasa, Kenya

    A ship's anchor is to blame for Internet disruptions that could last days in six East African countries, according to a report.

  • Worries over the European debt crisis, a slow recovery in the U.S. and fears over a "hard landing" for China’s economy have left global investors searching for new markets to put their money in. For long-term investors that means looking for economies that have strong growth prospects driven by competitive advantages such as demographics, natural resources or geography. We've come up with a list of the ten best countries for long-term growth based on a report from HSBC titled: The World in 2050.

    Worries over the European debt crisis, a slow recovery in the U.S. and fears over a "hard landing" for China’s economy have left global investors searching for new markets to put their money in. What are the countries with the best prospects for growth?

  • Asian man kissing girlfriend goodbye

    Nearly two-thirds of married couples and people with a significant other say their partner is the most important source of happiness in their lives, according to a new global poll released on Valentine's Day.

  • New Life Home Trust

    Last month, I traveled to Kenya to profile a charity I've been a fan of since first visiting it in 2007—New Life Home Trust. Clive and Mary Beckenham started New Life in 1994, after taking in an abandoned, HIV-positive newborn who was destined to die. But he didn't die.

  • Oil Rig

    Worldwide oil consumption has more than doubled in the past five years, and Petrobras plans to grow with it, Chief Executive Jose Sergio Gabrielli de Azevedo told CNBC Thursday.

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    The recent risk-off environment brought on by Europe's debt crisis may have affected fund flows into emerging markets bonds, but the tide will soon turn, says one economist, as investors put off by developed markets return in search of higher yields.

  • Job Losses

    The world economy is on the verge of a new and deeper jobs recession that will delay the global recovery further and may spark social unrest in "scores of countries," the International Labor Organization said on Monday.

  • Africa share valuations are compelling and the region is ripe for investment, Graham Stock, chief strategist at Insparo Asset Management, told CNBC Thursday.

  • Africa Valuations 'Very Attractive': Strategist

    "Now is absolutely the right time to invest in Africa. We are talking about price-earning ratios in the low single digits in some cases. There are some very attractive opportunities across a wide range of countries," Graham Stock, chief strategist at Insparo Asset Management, told CNBC.

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    A fresh recovery is driven by a combination of changing asset allocations at Western institutional investors, who are rethinking their attitudes to alternative asset classes and emerging markets.

  • Libyan leader Muammar Gaddafi

    The Obama administration wants to ensure that members of Col. Muammar el-Qaddafi’s government cannot touch Libyan assets before ending a freeze on them.

  • An Angolan woman shops in a market in Cabinda.

    China has a $120 billion trade going with Africa and the way it has  tapped into the potential of this once dark continent is a lesson for investors looking to enter frontier markets.

  • Businessman with crystal ball

    Thursday's market sell-off, which saw a dramatic 500 point fall in the Dow, is just a case of market perception catching up with reality, the chief executive of one of Europe's biggest insurers told CNBC Friday.

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    Developing markets will make up half of the world's biggest liquor maker's revenue in the next three years, as their consumption is rising while in some developed states consumers are suffering, the CEO of Diageo, Paul Walsh, told CNBC on Tuesday.