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Africa News

East Africa to join world gas giants

LONDON (Reuters) - To East Africa's assets of spectacular wildlife, abundant land and shimmering beaches you can now add gas - so much gas it could transform global energy flows along with some of the world's poorest countries. Finds announced just last week off Tanzania and Mozambique are estimated to hold enough gas to supply France, Germany, Britain and Italy for at least a year - possibly ...

Benni reminds South Africa coach of his talent

Orlando Pirates striker Benni McCarthy gave South Africa coach Pitso Mosimane food for thought this weekend with a title-clinching brace.

S.Africa's rand firms on Greek G8 support

JOHANNESBURG (Reuters) - South Africa's rand firmed on Monday against the dollar as the Group of Eight leading industrialised nations backed keeping Greece inside the euro zone, lifting appetite for riskier assets. The rand strengthened almost half a percent to 8.2953 at 0623 GMT from New York's Friday close of 8.3450 per dollar. "Global equities are slightly better and the euro has bounced ...

Africa Oil Provides Update on Puntland Drilling

VANCOUVER, BRITISH COLUMBIA-- - Africa Oil Corp. is pleased to provide an update on the drilling program in Puntland, Somalia. The Shabeel well has reached a total depth of 3,470 meters and has encountered metamorphic basement at a depth of 3,430 meters and is currently being suspended for future testing. ...

Africa Must Unite- Behind Who? (Part1)

This coming month of July is again for another African wide election to be held during the 19th Africa Union Summit in Lilongwe, Malawi between 15th -16th July 2012 that will be deciding who shall be manning the AUC (Africa Union Commission) for another four years.

S.Africa "confident" of solution to Iran oil ban

CAPE TOWN (Reuters) - South Africa, which receives a quarter of its crude from Iran, is holding almost daily discussions with the United States, EU Union and Iran about reducing its purchases and is "confident" a deal can be struck to avert U.S. sanctions, a senior energy official said on Thursday. Washington, which with the EU is putting pressure on Iran to end activities that they believe may ...

Dialogue for Action Africa to Convene Women's Issues Forum June 11, 2012

NEW YORK, May 18, 2012 /PRNewswire/ --- Experts and speakers dedicated to the empowerment of African women to gather in Libreville, GabonThe Cecilia Attias Foundation for Women, in association with Mrs. ...

Africa growth not ending food insecurity: UN

Sub-Saharan Africa posts economic growth rates higher than the worldwide average but has the planet's greatest food security problems, the UN development agency said in a report Tuesday.

Africa: Investor Perceptions in Africa - Starting an Argument

[African Arguments] Do many existing or potential investors in London and similar settings unwittingly misconceive relative business risks in Africa?

S.Africa's Vodacom will not let DRC asset go: CEO

JOHANNESBURG (Reuters) - Vodacom will not let its Congolese asset go, and is appealing a court ruling of a public sale on June 3, the chief executive of the South African mobile operator said on Monday. "The bottom line is that we will not let that asset go, we will not get to a situation on the 3rd of June where the asset is just sold," Pieter Uys said on a conference call with reporters ...

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