Luanda, Angola | AFP | Angolan state-owned oil company Sonangol rode the commodities boom that drove the country’s extraordinary growth after civil war ended in 2002, but today it symbolises a national economic crisis. The Luanda-based company has increasingly been in focus since Isabel dos Santos, the billionaire daughter of …

Harare, Zimbabwe | AFP | Zimbabweans know the risks of worthless money all too well after hyperinflation between 2007 and 2009 gave them the 100-trillion-dollar banknote that barely bought a loaf of bread. Now they fear that the government is about to create another devastating crisis by printing its own …

Blida, Algeria | AFP |  Reluctant favourites TP Mazembe of the Democratic Republic of Congo are poised to win the CAF Confederation Cup after drawing 1-1 at Mouloudia Bejaia of Algeria Saturday in the first leg of the final. Jonathan Bolingi, one of four Congolese in the Mazembe starting line-up, …

Botswana based multi-national ecotourism company Wilderness Safaris, operating nearly 40 luxury safari camps across eight African countries, has raised US$35 million bilateral loan for the purchase of a new ecotourism company in Kenya and for further expansion across Africa. Keith Vincent, the Chief Executive at the Wilderness Safaris said ‘in …

Los Angeles, United States | AFP |  Electric carmaker Tesla has diversified into the alternative energy business, on Friday unveiling solar roofs for environmentally friendly homes. “Global warming is a serious crisis and we need to do something about that,” company founder Elon Musk said during a news conference at …

Less than three months since it launched formal operations, the Uganda National Oil Company has received Africa wide recognition after winning the best National Oil Company (NOC) presentation at a recent Oil and Gas forum held in South Africa. The event was organised by Standard Bank. The conference was held …

Khartoum, Sudan | AFP | Kenyan President Uhuru Kenyatta began a two-day visit to Sudan on Saturday, just days after Khartoum issued a call to all African countries to withdraw from the International Criminal Court. Sudan has urged African members to quit the Hague-based ICC which it said was a …

Istanbul, Turkey | AFP | Turkish President Recep Tayyip Erdogan on Saturday said his government would ask parliament to consider reintroducing the death penalty as a punishment for the plotters behind the July coup bid. “Our government will take this (proposal on capital punishment) to parliament. I am convinced that …

Rajoy, the under-estimated survivor who wore his rivals down Madrid, Spain | AFP | Spain’s conservative Prime Minister Mariano Rajoy won back power Saturday, at the age of 61, after a war of attrition against younger rivals who under-estimated his resistance after 35 years in politics. Just like in 2005 …

Daytona Beach, United States | AFP |  US presidential frontrunner Hillary Clinton declared Saturday that the FBI’s decision to announce a renewed probe into her use of email just ahead of voting was “unprecedented” and “deeply troubling.” “It’s pretty strange to put something like that out with such little information …