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  • BUJUMBURA, May 16- About a hundred protesters took to the streets of Bujumbura on Saturday against Burundian President Pierre Nkurunziza's decision to seek a third term, a day after he returned to the capital following a failed coup. The fate of General Godefroid Niyombare, who had announced the president's ouster on Wednesday, was still not clear on Saturday,...

  • NEW YORK, May 15- Hedge fund Paulson& Co kept its stakes unchanged in most of its gold investments in the first quarter, when the precious metal's price pared its gains, a filing with the U.S. Securities and Exchange Commission showed on Friday. The New York- based fund, led by longtime gold bull John Paulson, kept his shares in SPDR Gold Trust, the world's largest...

  • *Brait's second major deal in a month. The deal, announced on Friday, puts Brait, whose top shareholder is South African retail mogul Christo Wiese, in the middle of the crowded British high street, where New Look vies with Primark, part of AB Foods, Next and H&M. It is the second big deal in a month for Brait, one of Africa's largest investment houses which is also buying...

  • Dozens more children are sick in the Rafi area of Niger state and action must be taken quickly if they are not to suffer irreversible neurological damage, Michelle Chouinard, Nigeria director for Doctors Without Borders, told The Associated Press on Friday. Junior Health Minister Fidelis Nwankwo said Thursday all those newly infected in neighboring Niger...

  • *Brait's second major deal in a month. The deal puts Brait, whose top shareholder is South African retail mogul Christo Wiese, in the middle of the crowded British high street, where New Look vies with Primark, part of AB Foods, Next and H&M. It is the second big deal in a month for Brait, one of Africa's largest investment houses which is also buying fitness chain Virgin...

  • DIARY- Emerging Markets Economic Events to May 28 Thursday, 14 May 2015 | 8:02 PM ET

    Greek Prime Minister Alexis Tsipras, Finance Minister Yanis Varoufakis, Deputy Finance Minister Dimitris Mardas, Economy Minister George Stathakis, Chief Executive of the European Financial Stability Facility and Deputy Director at the European Department at International Monetary Fund Pul Thomsen are among keynote speakers. PRAGUE- The "History of...

  • ALGIERS, Algeria— Algeria's president has announced a government reshuffle, replacing the key ministers of finance, interior and energy. Former Energy Minister Youcef Yousfi, unable to quell the angry backlash over plans to exploit shale gas, was replaced by Salah Khebri, an energy sector technocrat. Run by an ailing president, Algeria's stability has been...

  • *Iron ore price fall hits West African mines. PEPEL, Sierra Leone, May 14- Red piles of iron ore and rusting railway wagons in the deserted stockyard at the port of Pepel bear silent witness to a crisis engulfing Sierra Leone's mining industry and threatening others across West Africa. In Pepel, locals anticipated an economic surge for their civil war-ravaged...

  • NEW YORK, May 14- El Nino is almost certain to last through the Northern Hemisphere summer, according to the U.S. weather forecaster, raising the chance of heavy rain in South America and scorching heat in Asia that could devastate crops of thirsty food staples like rice. El Nino often brings extreme heat across Asia and East Africa and floods in South America.

  • Giant Lego sculpture exhibit opens in Paris Thursday, 14 May 2015 | 10:27 AM ET

    PARIS— American artist Nathan Sawaya's "The Art of the Brick" takes a children's toy and turns it into high art. Sawaya's most famous work, "Yellow," a male bust opening his own chest, is featured alongside a 6 meter- long skeleton of a Tyrannosaurus Rex, as well as a replica of the Venus de Milo statue— the original of which is on display in the nearby Louvre Museum.

  • NEW YORK, May 14- A U.S. government weather forecaster on Thursday said there was a 90 percent chance that El Nino conditions would continue during the Northern Hemisphere summer, an increase from last month's estimate of 70 percent. El Nino is a warming of sea-surface temperatures in the Pacific that can lead to scorching weather across Asia and East Africa but...

  • BEIJING— The most successful of China's entrepreneurs have created some of the world's biggest companies and amassed stunning fortunes. One of China's best-known entrepreneurs, this former English teacher from the eastern city of Hangzhou is credited with laying the foundation for e-commerce in China by founding Alibaba in 1999 to link Chinese suppliers...

  • Chinese airlines look inland for outbound opportunities Wednesday, 13 May 2015 | 11:19 PM ET

    By Fang Yan and Matthew Miller BEIJING, May 14- Chinese airlines are banking on the newly rich in China's inland provinces to drive the next phase of their global expansion, offering flights to destinations like San Jose and Nairobi from cities hundreds of miles from aviation hubs on the Chinese coast. Air China, China Eastern Airlines and China Southern...

  • *Union talking to platinum firm Lonmin over job cuts. JOHANNESBURG, May 13- South Africa's Association of Mineworkers and Construction Union wants the basic pay for entry level workers in the gold mining industry to be more than doubled, setting the stage for tough pay talks at a time when companies are complaining of dwindling profits. However, Africa's top...

  • SENATE REPUBLICANS PROPOSE SEPARATE VOTES ON CUSTOMS BILL, INCLUDING CURRENCY MANIPULATION PROVISIONS, AND AFRICA TRADE BILL-AIDE.

  • EBRD facing Ukraine and Greece dilemmas at annual meeting Wednesday, 13 May 2015 | 12:11 PM ET

    TBILISI, May 13- The European Bank for Reconstruction and Development will begin its annual meeting on Thursday, as its support for Ukraine and plans to start lending in Greece pushes its boundaries for risk-taking back ever further. But it will be the effects of the standoff between the West and Russia over Ukraine and the bank's move into the euro zone's most...

  • *Union talking to platinum firm Lonmin over job cuts. JOHANNESBURG, May 13- South Africa's Association of Mineworkers and Construction Union wants the basic pay for entry level workers in the gold mining sector to be more than doubled, setting the stage for tough pay talks in an industry battling dwindling profits. With dwindling profits and increasing costs,...

  • Ghana power blackouts add to nation's economic woes Wednesday, 13 May 2015 | 7:09 AM ET

    *President vows to fix energy crisis. ACCRA, May 13- Joseph Nyame was doing very well as senior plant operator at the Sha-Sha Natural Fruit Juice company near Ghana's capital Accra until a wave of power cuts forced the firm out of business. Economic growth in Ghana, once a favorite of investors in Africa, has been slowed by a fiscal crisis that has forced the...

  • NAIROBI, May 13- Kenya's Equity Bank plans to enter 10 more African countries in the next decade, in addition to the five it already serves, by building operations from scratch or acquiring existing lenders, its chief executive said on Wednesday. He said the bank's expansion strategy aimed at moving into Democratic Republic of Congo, Burundi, Zambia, Zimbabwe,...

  • LONDON, May 13- SABMiller reported full-year profit above analyst expectations as performance picked up in the latter half of the year, but said trading would continue to be tough in its new financial year. The maker of Peroni, Grolsch and other beers reported operating earnings fell 1 percent to $6.37 billion in the year ended March 31, above analysts' average...