×

Business Africa

  • 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.

  • irish_whisky_bar_200.jpg

    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.

  • JUBA, SUDAN - JANUARY 09: Southern Sudanese celebrate at the end of the first day of voting for the independence referendum January 9, 2011 in Juba, Sudan. Southern Sudan is participating in an independence referendum today following a historic 2005 peace treaty that brought an end to decades of civil war between the Arab north and predominantly Christian and animist south. The south is expected to vote around 99 percent to secede from the north which will also give it a majority of Sudan's oil

    On Saturday, South Sudan becomes the world's newest country and Africa's 54th state, a process that follows 50 years of bloodshed. Renewed violence on its borders has shaken hopes of a peaceful transition to nationhood, but the fledgling country is not a failed state in waiting, analysts and senior figures in the reconstruction effort told CNBC.com.

  • saudi_oil_200.jpg

    With half the world's known reserves of oil and gas sitting in the fields of Saudi Arabia, Abu Dhabi, Qatar and the rest of the region, not many people think of the Middle East as having problems with energy.

  • An Angolan woman shops in a market in Cabinda.

    Private equity firm Helios Investment Partners closed its second Africa-focused fund at $900 million on Monday, as fundraising for the world's most under-invested continent rebounds after the financial crisis.

  • Inside the EgyptStock Exchange just before its reopening.

    Investors may be wary of putting their money in the Middle East and the Arab peninsula given the political turmoil which has shaken the region in recent months, but it offers investment opportunities worth considering, one fund manager told CNBC.

  • Markets will enter a new "risk-off" phase in 2011 that will last into 2012 and maybe even 2014, according to Nomura’s Bob Janjuah.

  • An Angolan woman shops in a market in Cabinda.

    Consumer confidence in European markets has been slipping since the start of the year as austerity programs hit home, but if investors want to find fresh and vibrant consumer markets they should perhaps look south to Africa, some experts and investors said.

  • Map of Africa

    Contrary to popular opinion, the best investment bet that you can make in 2011 is in Africa. You wouldn’t know it if you turn on a TV or read a newspaper, since U.S. and European media focus relentlessly on areas of unrest and instability, but the reports beyond the front page tell a very different story.

  • Rare Opportunities

    CNBC's Brian Shactman talks to industry insiders to find out the next great rare earth investments.

  • Harvested cocoa beans

    International shipping companies have resumed deliveries of cocoa from the world’s largest supplier but analysts say the commodity will remain volatile for the foreseeable future.

  • Recent events in the Middle east and northern Africa have show that the supply and price of food can lead to major social unrest and even the downfall of a government. Many in the developed world take food for granted, but in most developing nations it can be a daily struggle and a life-and-death issue. The global recession of 2008-09 took some the wind out of surging agricultural prices, but there's growing concern that globalization will ultimately tax food supplies. Population and income grow

    Many in the developed world take food for granted, but in most developing nations it can be a daily struggle and a life-and-death issue. Click to see which countries are most vulnerable to food shock.

  • Somali Pirates

    The International Maritime Bureau reported last week that global piracy hit an all-time high in the first quarter of 2011, driven by a rise in attacks off the coast of Somalia.

  • And here's how market pros recommend cashing in on the rising inflation trade.

  • An anti-government protestor holds a blooded Egyptian flag in Tahrir Square on February 3, 2011 in Cairo, Egypt.

    In Egypt's government ministries, factories and especially universities, daily protests have focused on those viewed as Mr. Mubarak’s surrogates, the New York Times reports.

  • A rebel militiaman stands guard at a Libyan oil refinery in rebel-held territory on February 27, 2011 in Al Brega, Libya. The opposition leadership has stressed that oil faciities in areas under its control are safe, despite the conflict roiling the country.

    Libyan rebels are set for their first oil export as soon as Tuesday as they seek funding to sustain their uprising against Muammer Gaddafi's 41-year rule of the north African nation, the Financial Times reports.

  • John Pameri, head of the security at the Lewa Wildlife Conservancy in central Kenya, holds a Rhino tusk his team took from a Rhino that was shot dead by poachers earlier in the week, at the security headquarters on December 9, 2010. Spanning 62,000 acres, Lewa is home to more than 10 percent of Kenya’s black rhino population and over 14 percent of Kenya’s white rhino population.

    Ounce for ounce, rhino horns sell for more than gold — one reason why conservationists say Africa's rhinos are facing their worst poaching crisis in decades.

  • A Libyan jet bomber crashes after being shot down in Benghazi on March 19, 2011 as Libya's rebel stronghold came under attack, with at least two air strikes and sustained shelling of the city's south sending thick smoke into the sky.

    As anti-aircraft fire rang out across Tripoli for the third night in a row and US airstrikes yet to slow, one analyst told CNBC that there is a very real chance of Libya being divided between the Gaddafi-controlled West and rebel-controlled East.