President Jacob Zuma said Mandela would be buried on December 15 at his ancestral home in the Eastern Cape.» Read More
Africa share valuations are compelling and the region is ripe for investment, Graham Stock, chief strategist at Insparo Asset Management, told CNBC Thursday.
"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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
Details on the oil and gas exploration company's initial public offering, with Brian Maxted, Kosmos Energy CEO.
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.
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.
CNBC's Brian Shactman talks to industry insiders to find out the next great rare earth investments.
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.
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.
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.