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Business Africa

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

    The Obama administration is discussing with Egyptian officials a proposal for President Hosni Mubarak to resign immediately, turning over power to a transitional government headed by Vice President Omar Suleiman. The NYT reports.

  • Protestors chant as they ride on an army tank transporter in Tahrir Square on January 29, 2011 in Cairo, Egypt. Tens of thousands of demonstrators have taken to the streets across Egypt in Cairo, Suez, and Alexandria to call for the resignation of President Hosni Mubarak. Riot police and the Army have been sent into the streets to quell the protests, which so far have claimed 32 lives and left more than a thousand injured.

    As violence has broken out in Egypt, concern has turned to the risk of the blocking of the Suez Canal or nearby pipelines, which could pose a threat to world energy supplies, the New York Times reports.

  • See what's happening, who's talking and what will be making headlines on Tuesday's Squawk on the Street.

  • As the seventh day of protests continue in Egypt, business is at a standstill, tourists and foreign students are abandoning the country and Cairo is at the mercy of vigilantes, CNBC reports.

  • The Egyptian stock market will likely tumble another 10 percent before investors put some cash in and try to stage a rally, after which the benchmark index could regain a third of its losses, according to historical trends, Robin Griffiths, technical strategist at Cazenove Capital, told CNBC Monday.

  • Trade

    Though the US-China relationship often dominates the geopolitical trade debate, Beijing is now the top trading partner for Japan, Australia and South Africa, as well as South Korea, Hong Kong and Taiwan.

  • Skyline from Dhow Harbour in Qatar.

    Political instability  and business corruption make these markets risky, but they have a place in the portfolios of investors looking for explosive growth.

  • container_ships_200.jpg

    Despite an international effort to ensure safe passage through the world’s most treacherous waters, pirates escalated their attacks in 2010 for the fourth straight year, striking more ships and taking more hostages last year than in any year on record, according to an annual report on piracy, the New York Times reports.

  • Emerging equity markets were amongst the top performers in 2010 and Mark Mobius, executive chairman at Templeton Emerging Markets Group, expects the trend to continue this year. The global investor remains heavily exposed to the sector.

  • A year ago, almost no one knew a rare earth element from a rare coin. Today, rare earths are a global story—and a global investment opportunity.

  • An Angolan woman shops in a market in Cabinda.

    In 2007, Shankar’s Emporium, a Singaporean wholesaler that has exported consumer electronics to Africa for 30 years, decided the time was ripe to set up its own shop in Angola.  The project stretched over a year thanks to the slow pace of business there. But it was worth the effort, said Dinesh Bhojwani, Shankar’s business development manager.

  • Google says its mapping service erred by attributing a disputed islet off North Africa first to Morocco, then Spain, when it currently belongs to neither.

  • New York City Skyline

    The World Economic Forum in Marrakech last week included a lesson on energy economics from Manhattan.

  • Chobe National Park, Botswana

    Africa is booming – in part because African governments are heeding the call to action, removing barriers to trade, lowering taxes and improving the physical and social infrastructure that had impeded business growth.

  • Workers harvesting oil palm fruits at an Indonesian plantation.

    Walmart announced last week it would soon require companies to prove it used only sustainably sourced palm oil.

  • Why the "Mad Money" host is getting behind this sector bellwether.

  • Coca-Cola bottles

    Africa is the continent that Coca-Cola is betting big on, Coca-Cola CEO and Chairman Muhtar Kent told CNBC Wednesday.

  • Marines aboard the U.S. Navy amphibious transport dock ship  (left) conducted a raid on the  after it was attacked and boarded by pirates September 9, 2010 in the Gulf of Aden.

    U.S. Marine commandos stormed a pirate-held cargo vessel off the Somalia coast Thursday, reclaiming control of the ship and taking nine prisoners without firing a shot, the U.S. Navy said.

  • Chiquicamata Coppermine, Atacama Desert, Chile

    A fresh law, buried in the Wall Street reforms passed last month, will force many manufacturers to identify any  "conflict minerals" that can be traced back to the Democratic Republic of the Congo or adjoining countries. The FT reports.

  • george_foreman_154x116.jpg

    How much do you know about modern-day Renaissance man George Foreman? Take our quiz and find out.