Thursday, September 18, 2014
Russia and Zimbabwe signed Tuesday a US$3 billion deal to jointly mine platinum in the southern African country, the world's third largest producer, with Moscow providing the investment funds.
The International Monetary Fund (IMF) said Tuesday it was holding talks with government officials in Ghana on possible aid to surmount the African nation's fiscal and economic challenges.
Tuesday, September 2, 2014
Spain's third-biggest bank by capitalization CaixaBank is to buy Barclays' Spanish operations for 800 million euros (US$1.1 billion) as the British bank undergoes major restructuring, Barclays said on Sunday.
Wednesday, August 27, 2014
Foreign investment in Zimbabwe more than halved in the first six months of the year, the central bank chief said Monday, calling for the country to “fight the negative perception” that was scaring off capital.
Monday, August 18, 2014
South Africa's decision to rescue a small lender seen as neither “too big” nor “too interconnected” to fail shows that taxpayers worldwide may have to accept that bank bailouts are here to stay.
Monday, August 11, 2014
When 61-year old Mercy Joshua was young, the vast forests of southeastern Kenya teemed with wildlife, but decades of unchecked deforestation by locals have devastated the land.
Thursday, August 7, 2014
As Africa's economy rises, American businesses are at risk of being left behind.1 Comment
Thursday, July 24, 2014
The Sudanese man with an armful of battery-powered wall clocks pushes one through the taxi's open window. His head follows.
Tuesday, July 22, 2014
Electrical appliance group Philips reported a setback in its switch to focus on healthcare technologies on Monday, revealing that overall net profit slumped by nearly a quarter in the last three months.
Monday, July 21, 2014
Beyond the donkeys on a potholed road in southern Ethiopia, is an unexpected sight — vineyards bursting with merlot, syrah and chardonnay grapes ripening in the African sun.