![[IMAGE]](http://www.sharenet.co.za/v3/image.php?width=300&cropratio=2:1&image=/newsimages/2013-05-24T153258Z_1_AJOE94N176Z00_RTROPTP_3_OZABS-GUINEA-POWER-20130524.JPG "Electricity pylons carry power from Cape Town's Koeberg nuclear power plant")
Guinea is on track to more than double its power output over the next two years in an effort to meet growing demand from domestic consumers and the West African nation's expanding mining sector, a senior official from the energy ministry said. Full story
17h51 Tanzania will continue building a
China-funded $1.2 billion gas pipeline from the south of the
country to the commercial capital Dar es Salaam despite violent
protests over the project, the energy ministry said. Full story
14h00 The African Development Bank (AfDB) is to launch a 12.5 billion shillings bond on the Ugandan market, the second such issue from its 125 billion shilling issuance programme launched last year. Full story
13h37 Egypt will refund taxes collected from Qatar National Bank's acquisition of National Societe Generale Bank to shareholders on Sunday, an official from a clearing company told Reuters on Saturday. Full story
![[IMAGE]](http://www.sharenet.co.za/v3/image.php?width=140&image=/newsimages/2013-05-24T150306Z_1_AJOE94N15T700_RTROPTP_3_OZABS-MALAWI-BUDGET-R-2013-14-20130524.JPG "A girl poses for a photographer at her vegetable stall in Tsangano")
Malawi's economic growth is seen rebounding to 5 percent in 2013, from 1.8 percent in 2012, mainly because of an improvement. . . Full story
![[IMAGE]](http://www.sharenet.co.za/v3/image.php?width=140&cropratio=4:3&image=/newsimages/2013-05-24T131731Z_1_AJOE94N10X900_RTROPTP_3_OZABS-MAURITIUS-364-20130524.JPG "A Mauritian rides his motorbike past Mauritius' central bank in the capital Port Louis")
The weighted average yield on Mauritius' 364-day Treasury bills fell to 2.30 percent at auction on Friday from 2.32 percent at. . . Full story
![[IMAGE]](http://www.sharenet.co.za/v3/image.php?width=140&image=/newsimages/2013-05-24T114847Z_1_AJOE94N0WTD00_RTROPTP_3_OZABS-BURUNDI-Q1-20130524.JPG "Workers receive sacks of tea leaves at the Kagwe tea factory in Githunguri")
Burundi's trade deficit widened to $197.3 million in the first quarter from $131.4 million in the same period of 2012 as. . . Full story
![[IMAGE]](http://www.sharenet.co.za/v3/image.php?width=140&image=/newsimages/2013-05-23T144946Z_1_AJOE94M157000_RTROPTP_3_OZABS-KENYA-ECONOMY-20130523.JPG "A worker picks tea at a plantation in Githunguri")
Kenya's economy is expected to expand by about 6 percent in 2013 thanks to a rebound in sectors such as manufacturing. . . Full story
Copper reserves at a mine owned by Sicomines, a miner at the centre of a $6 billion resources for infrastructure deal between China and Democratic Republic of Congo, have fallen more. . . Full story
Egypt's Orascom Telecom (OTH) is closer to being delisted, sources said on Friday, after holders of around 10 percent of its stock agreed to be bought out.. . . Full story
Egypt's Orascom Telecom
(OTH) is closer to being delisted, sources said on
Friday, after holders of around 10 percent of its stock agreed
to be bought out.. . . Full story
Kenyan oil marketer KenolKobil said on Friday it had returned to profit in the first quarter helped by a restructuring programme started last year.. . . Full story
State-run Petróleo Brasileiro SA, which is undertaking a major drive to sell assets outside Brazil, sold a 12 percent stake in a Tanzania bloc to a unit of Statoil AS, according. . . Full story
Cameroon, the world's fifth largest cocoa grower, exported 189,149 tonnes by the end of April, up 13 percent from 167,941 tonnes in the same period last season, according to statistics from. . . Full story
Morocco is satisfied with a $750 million bond reopening even though the U.S. market imposed discretionary rules until the subscription process is completed, Finance Minister Nizar Baraka said on Thursday.. . . Full story
Tanzania's debut $600 million international bond is likely to be added to JP Morgan's emerging markets index at the end of May, the bank said on Thursday.. . . Full story
Niger will start building a 100 MW thermal power station by early July and a second coal-fired plant by year's end as part of efforts to ramp up power output, an. . . Full story
Ghana's cabinet has approved a Eurobond issue of up to $1 billion tentatively scheduled for July, Finance Minister Seth Terkper said on Thursday.. . . Full story
A uranium mine in northern Niger run by French nuclear reactor maker Areva is "badly damaged" and has stopped production for the moment after it was attacked earlier in the day,. . . Full story
![[IMAGE]](http://www.sharenet.co.za/v3/image.php?width=100&image=/newsimages/2013-05-23T125909Z_1_AJOE94M102N00_RTROPTP_3_OZABS-NIGERIAS-NNPC-AND-EXXON-20130523.JPG "A view of the Exxon Mobil refinery in Baytown, Texas")
Nigeria's state oil company and a subsidiary of Exxon Mobil plan to tap the bond market by 2016 to fill a funding shortfall in their oil exploration joint venture, the companies. . . Full story Nigeria is set to export around 1.77 million barrels of crude oil per day in July on 61 cargoes, preliminary loading programmes showed on Thursday.. . . Full story
![[IMAGE]](http://www.sharenet.co.za/v3/image.php?width=100&image=/newsimages/2013-05-23T112130Z_1_AJOE94M0VJW00_RTROPTP_3_OZABS-IMF-ETHIOPIAS-20130523.JPG "A photographer takes pictures through a glass carrying the International Monetary Fund logo during a news conference in Bucharest")
Ethiopia's huge public spending has created one of Africa's fastest-growing economies, but volatile inflation, balance of payments pressures and a stifled private sector raise questions over its sustainability, the International Monetary. . . Full story Angola plans to open its much-delayed stock market in 2016 and could even bring it forward to 2015 if the bourse was used to privatise state-owned companies, the country's Capital Markets. . . Full story
Tunisia is in talks with Qatar over a deposit in Tunis' central bank "with easy conditions" Prime Minister Ali Larayedh said on Thursday.. . . Full story
Kenya's economy is expected to expand by about 6 percent in 2013, up from a growth rate of 4.6 percent last year, driven by a pick-up in sectors like agriculture, the. . . Full story
![[IMAGE]](http://www.sharenet.co.za/v3/image.php?width=100&image=/newsimages/2013-05-23T081318Z_1_AJOE94M0MU900_RTROPTP_3_OZABS-FLAT-KENYAN-SHILLING-VULNERABLE-TO-END-MONTH.JPG "A fuel attendant handles Kenyan shilling notes at a petrol station in the capital Nairobi")
The Kenyan shilling was steady early on Thursday, remaining vulnerable to demand for dollars from importers needing to meet end-of-month commitments.. . . Full story A company owned by New York venture capital firm Herakles Capital has suspended work on a giant palm oil plantation in Cameroon after protests by environmental groups and villagers, highlighting opposition. . . Full story
![[IMAGE]](http://www.sharenet.co.za/v3/image.php?width=100&image=/newsimages/2013-05-23T065535Z_1_AJOE94M0J8P00_RTROPTP_3_OZABS-GUINEA-BHP-20130523.JPG "A pedestrian walks past the head offices of BHP Billiton in central Melbourne")
The government of Guinea said on Wednesday it has given approval to BHP Billiton and Global Alumina to sell their stake in a bauxite and alumina project to Dubai Aluminium Co. . . Full story![[IMAGE]](http://www.sharenet.co.za/v3/image.php?width=100&image=/newsimages/2013-05-23T065703Z_1_AJOE94M0JB500_RTROPTP_3_OZABS-KENYA-LENDER-SHARES-20130523.JPG "Investors walk out of the Nairobi Stock Exchange in Kenya's capital Nairobi")
Kenyan lender I&M plans to list shares on the stock market by next month after it completed a merger with small investment company City Trust, I&M said on Wednesday.. . . Full story Kenyan truckers blocked the only highway from the port city of Mombasa to the capital Nairobi on Wednesday, threatening to choke the main trade artery to east Africa unless officials reverted. . . Full story
Residents of a gas-rich region of
Tanzania rioted on Wednesday to protest that they would not
benefit from a government budget proposal to construct a
pipeline from their territory to the capital, senior officials
said. . . Full story
The weighted average yield on Kenyan 20-year Treasury bond fell to 12.981 percent at auction from 13.694 percent at its last sale in January, the central bank said on Wednesday.. . . Full story
Hundreds of soot-stained
factory chimneys dot the horizon in the industrial city of
al-Saff, south of Cairo, but only a few spew black smoke.. . . Full story
Ghana's central bank raised its prime interest rate by one percentage point to 16 percent on Wednesday, citing potential inflation risks from a weakening cedi currency and high government spending.. . . Full story
Egypt's Petroleum Minister appointed Tareq El Barakatawy as chairman of the Egyptian General Petroleum Company (EGPC), a statement from the EGPC said on Wednesday.. . . Full story
The weighted average yield on Uganda's two-year Treasury bonds edged up to 12.9752 percent at an oversubscribed auction on Wednesday from 12.2978 percent fetched at the last sale of the same. . . Full story
Russia-focused telecoms
firm Vimpelcom's talks to sell a controlling stake in
its Algerian mobile business Djezzy to Algeria are at a delicate
stage but have not failed, a source with knowledge of the
discussions said. . . Full story
