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Thursday, March 21, 2013
The chances of establishing an offshore yuan center in Africa are high, as trade settlement in the currency continues to surge and sound regional trade on the continent facilitates forming a yuan pool, a senior executive of Standard Chartered Bank said on Tuesday.
Friday, March 15, 2013
Andy Rubin has stepped down as the executive in charge of Google's Android operating system for smartphones and tablet computers, ending a seven-year reign that reshaped the technology industry.
Monday, March 11, 2013
Egypt, Tunisia strive to woo back tourists
Two years after the Arab Spring uprisings, Tunisia and Egypt are trying to win back holidaymakers in a lifeblood sector for both countries which are gripped by renewed political crisis.
Tuesday, February 26, 2013
Turmoil in Tunisia? Conflict in Mali? Fraught elections in Kenya? Investment in Africa is thriving regardless.
Tuesday, February 12, 2013
A run on Egypt's pound has left foreign currency in short supply and driven some dealers into the streets in search of people with U.S. dollars to sell, spawning a new black market.
The head of Egypt's central bank, Faruq el-Okda, has resigned and will be replaced by his ex-deputy Hisham Ramez, the president's spokesman Yassir Ali said on Thursday at a news conference attended by both men.
Monday, January 7, 2013
Sudan and S. Sudan agree to set timeline for significant deals
The rival presidents of Sudan and South Sudan agreed Saturday to abide by timelines to be drawn up to implement a raft of security, oil and border deals stalled for over three months, mediators said.
Thursday, January 3, 2013
The commander of multinational African force FOMAC on Wednesday warned rebels in the Central African Republic against trying to take the key town of Damara, saying it would “amount to a declaration of war.”
Sudan opens bigger dam in conflict state
A torrent of water surged Tuesday into Sudan's Blue Nile river as President Omar al-Bashir inaugurated the expanded Roseires dam, which officials say should help develop one of the country's poorest, insurgent-hit regions.
Wednesday, January 2, 2013
Zambians on Tuesday woke up to a new year and new bank notes, which lop off three zeros in a bid to address high inflation that made the currency cumbersome to work with.
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