Africa
featured
Maritime pirates are honing their tactics and beefing up their weaponry. Here are the world’s most pirate-infested waters, and learn about individual attacks from each place.
» Read More
More
-
Deputy Prime Minister Uhuru Kenyatta, son of the Kenya's first president after independence from Britain in 1963, will seek the presidency while former cabinet minister William Ruto hopes to be vice president, according the deal. Kenya had previously been a relative haven of peace in a troubled region.
-
The African countries agreed at talks in Ethiopia in September to end hostilities and restart oil exports- including creating the buffer zone- after coming close to war in April, the worst violence since South Sudan seceded last year. South Sudan had shut down its oil production of 350,000 barrels a day in January after tensions over pipeline fees escalated.
-
*Special monitoring of Zimbabwe production to end. WASHINGTON, Nov 30- The global Kimberley Process initiative set up to stem the flow of so-called conflict diamonds on Friday confirmed that Zimbabwe had fully met its standards for exporting the gems, following a meeting that exposed deep continued divisions in the group.
-
WASHINGTON, Nov 30- The World Bank has approved $167 million in emergency lending to Madagascar despite opposition from the United States due to concerns about increased human trafficking, U.S. and bank officials said on Friday.
-
*Political crisis in Egypt stokes geopolitical concerns. NEW YORK, Nov 30- Oil rose on Friday, notching its first monthly gain since August, as the market continued to balance risks to demand from the U.S. budget standoff against concerns about disruption to Middle East supplies.
-
*Political crisis in Egypt stokes geopolitical concerns. NEW YORK, Nov 30- Oil rose on Friday, headed for its first monthly gain since August as the market continued to balance risks to demand from the U.S. budget standoff against Middle East supply concerns.
-
ABIDJAN, Nov 30- West Africa's BRVM Bourse will extend trading hours and encourage smaller firms to list as part of a drive to improve its performance and promote a tie-up with neighbouring exchanges, its new director said on Friday.
-
BRUSSELS, Nov 30- European Union member states are preparing to fight as a bloc alongside the United States to prevent a move by Russia and countries in Africa to impose a levy on internet traffic and make it easier to track users' activities.
-
LONDON, Nov 30- Nickel prices may see a short-term lift over the next several months due to a seasonal rise in demand for stainless steel, but next year's outlook is burdened by another market surplus.
-
Frits van Paasschen, CEO of Starwood Hotels and Resorts, tells CNBC why there is so much opportunity in Africa for the hotel business and their expansion plans for the continent.
-
LONDON, Nov 30- Diamond miner De Beers has seen a pick up in demand for its gems in the final months of 2012, after a year of subdued spending on luxury goods and tighter funding that held back its trade customers.
-
LONDON, Nov 30- The big "known unknowns", to borrow from former U.S. defence secretary Donald Rumsfeld, are now so familiar to most global investors that they have to think long and hard about risks looming in 2013.. And a glance at the election calendar for next year- with polls in Italy, Germany, Israel and Iran- shows there's no shortage of "event risks".
-
*Tough Australian anti-smoking laws come into force Dec. 1. SYDNEY, Nov 30- James Yu, who runs the King of the Pack tobacconist in central Sydney, is indignant about Australia's stringent anti-tobacco laws making manufacuters package cigarettes in drab olive green packs with pictures of ill babies and diseased body parts.
-
WASHINGTON, Nov 29- Global food prices remained stable, though close to 2008 record levels, the World Bank said on Thursday, as it warned that a "new norm" of costlier food was setting in and threatening to increase hunger and malnutrition in the world's poorer regions.
-
WASHINGTON, Nov 29- Global food prices remained stable, though close to 2008 record levels, the World Bank said on Thursday, as it warned that a "new norm" of costlier food should be avoided to prevent an increase in hunger and malnutrition in the world's poorer regions.
-
TORONTO, Nov 29- First Quantum Minerals Ltd said on Thursday it believed Inmet Mining Corp's board was selling shareholders short by refusing to enter into talks on a takeover proposal put forward by First Quantum earlier this month.
-
*Egypt, Syria crises continue to support oil prices. NEW YORK, Nov 29- Oil prices rose on Thursday for the first time this week as investors grew more optimistic that U.S. lawmakers will resolve a budget fight and increasing Middle East tensions stoked fear about potential disruptions to oil supplies.
-
Sudan is boosting its production of gold and other minerals to tap new sources for foreign currency after losing three-quarters of its oil output when South Sudan became independent in July last year.
-
*Egypt, Syria crises continue to support oil prices. NEW YORK, Nov 29- Oil prices rose on Thursday for the first time this week on optimism that U.S. lawmakers will resolve a budget fight to avert an economic slowdown and on increasing Middle East tensions that stoked fear about disruptions to oil supplies.
-
*SPDR Gold Trust at record high for second day. Bullion tracked the S&P equities index and crude oil higher, but trading was choppy after House of Representatives Speaker John Boehner said there was no progress in "fiscal cliff" talks. "