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Retired Libyan Army general claims jet raid on militia position

Retired Libyan Army general claims …

A warplane carried out an...

Somalia's al Shabaab debunk Uganda claim that it prevented attack

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Somalia's al Shabaab mili...

12 Nigerian soldiers sentenced to death for mutiny

12 Nigerian soldiers sentenced to d…

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South Africa launches support package for troubled power supplier

South Africa launches support packa…

The South African governm...

Ban hails transfer of authority of African-led mission in C.A.R to UN

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UN Secretary-General Ban ...

Obama to detail plans on Ebola offensive on Tuesday: WSJ

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Libyan PM accuses Qatar of sending planes with weapons to Tripoli

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Libyan Prime Minister Abd...

Scores dead as boat with African migrants sinks off Libyan coast

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A boat packed with up to ...

Uganda seizes explosives, suicide vests from suspected al Shabaab cell

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Landmine kills UN peacekeeper, wound 4 others in Mali

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Business (218)

New South Africa mines minister pledges strike mediation

New South African mining minister Ngoako Ramatlhodi has pledged to mediate in a crippling platinum strike now in its fifth month and said the government needed to start treating the striking AMCU union with respect, local radio said on Tuesday. Ramatlhodi, who was sworn in on Monday evening, also told Power FM that mining companies had not done enough "to address the well-being of workers", particularly in relation to the squalid living conditions seen around…
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Financial crisis looms in Swaziland as reserves drop to $790,000

The Kingdom of Swaziland only has around $790,000 left in the bank, according to the central bank's latest estimate, as an economic slowdown in neighbouring South Africa hits home. The official reserves would cover only four months of vital imports, the central bank's Monetary Policy Consultative Committee said in its latest fiscal update on Monday. "The contraction in the level of reserves was mainly on account of payment of government's external obligations," a statement said.…
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Algeria parliament authorizes Shale gas exploitation

Algeria's Cabinet has announced it will move forward with the exploitation of the country's large shale gas reserves. The statement carried by the state news agency Wednesday night gave the green light to finding foreign partners to exploit the reserves. According to a 2013 report by the U.S. Energy Information Administration, Algeria is third globally after China and Argentina in technically recoverable shale gas reserves with 707 trillion cubic feet (20 trillion cubic meters) of…
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South Africa Lonmin fires 235 striking essential services workers

South African platinum miner Lonmin has dismissed 235 essential services workers who were on an unsanctioned strike and defied a court order to return to their jobs, it said on Tuesday. Lonmin said the workers in areas such as safety and underground maintenance were fired last week after starting a strike on January 23, when members of the Association of Mineworkers and Construction Union (AMCU) also went on strike demanding higher wages. Under an agreement…
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Egypt and Israel to reach another gas deal

The owners of an Israeli gas field have reached an agreement to export trillions of cubic feet of natural gas through Egypt, a lucrative but politically sensitive deal which the Egyptian cabinet quickly denied would ever happen. Noble Energy, the largest owner of the Tamar field, signed a non-binding letter of intent with Union Fenosa on May 5, to ship up to 2.5 trillion cubic feet of gas over 15 years, one-quarter of the field's…
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End game nears on South Africa's strike-hit platinum belt

The end game to South Africa's big platinum strike is drawing near after the producers said they would take their latest wage offer directly to employees after marathon wage talks to end the 13-week strike collapsed on Thursday. South Africa's longest and most damaging mining strike in living memory is not about to come to an abrupt end as both sides strive to win rank and file hearts and minds in a high stakes war…
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Libya to resume oil exports from Hariga port

Libya's crude export terminal recovered from rebel hands has been reopened for renewed exports, the National Oil Co (NOC) has said. The Al-Hariga terminal has a daily capacity of 110,000 barrels. NOC did not say why it had not taken similar action at Zueitina, which has a capacity of 100,000 barrels per day. The army announced on Wednesday it had taken control of Al-Hariga and Zueitina ports under a deal to end a crippling nine-month…
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After deal, Libya's ports set to load oil tankers

Libya's Zueitina oil port prepared on Monday to load crude into tankers after the government reached a deal with rebels to reopen four terminals that insurgents have occupied since the summer. The federalist rebels agreed on Sunday to end gradually their eight-month blockade of Zueitina, Hariga, Ras Lanuf and Es Sider ports, which account for around 700,000 barrels per day of the OPEC country's crude exports. Brent crude fell $1.47 to a low of $105.25…
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IMF reaches agreement with Central African Republic

The International Monetary Fund says it has reached an agreement with authorities from Central African Republic that could see the Bangui government receiving more than $21 million this year to shore up its battered economy. Ekue Kpodar, the head of the IMF team, made the announcement Thursday after the two sides met in neighboring Douala, Cameroon. Kpodar says the funds could be supplied in installments of $12.8 million and $8.5 million subject to approval by…
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Libyan protesters block oil pipeline to Mellitah port as strikes widen

Libyan protesters have blocked a pipeline carrying oil condensates from the southwestern al-Wafa oilfield to the Mellitah export port, state-owned National Oil Corp (NOC) said on Thursday. The action, the latest in a wave of protests paralyzing oilfields and ports across the North African country, knocks out one of the last oil export lines for the cash-strapped government. NOC spokesman Mohammed El Harari said a gas pipeline from the Wafa field, which produces around 30,000…
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