Some critics question the need for a poor region like Africa to even consider such an expensive project as going into space.
De Beers Moves To Botswana, Africa's Conflict-Free Diamond In The Rough
In Botswana, diamonds have been key to the country’s successful economy -- proof that a valuable resource is only as good as the entities that handle it.
Uganda Summit Fails To Agree On Coalition Force To Fight Rebels In DR Congo
Regional African leaders gathered at a summit in Uganda have failed to come to a consensus on deploying a coalition force to confront militia groups along the eastern border of the Democratic Republic of Congo, where a rebel uprising has displaced hundreds of thousands of civilians.
Team USA Women's Basketball vs Angola: Watch Live Stream Online, Preview For Monday’s Olympic Game
With one win already in the books, the USA women's basketball team will face Angola Monday night at 5:15 p.m. ET in its second match of the 2012 Olympic Games.
USA Women's Basketball Team Opens 2012 London Games With Win Over Croatia
The U.S. women's basketball squad was able to overcome the Croatia team in its London Olympics opener Saturday by a score of 81-56. The U.S. women played a mostly dull game, despite winning by almost 30 points. Just a week ago, the Americans beat the Croatians by a 54-point margin.
ExxonMobil Is Expected To Report Weak Earnings From Lower Gas Prices
Based on a median estimate among analysts polled by Thomson Reuters, ExxonMobil will report earnings of $1.96 a share on revenues of about $115.08 billion -- a decline of 8.3 percent from the year before. The company will post its second-quarter earnings on Thursday at 10 a.m. EDT.
Namibia’s Miraculous Wellspring: Newly Discovered Aquifer Could Help Develop Agriculture
In Namibia, finding an aquifer is akin to striking gold.
Cold War Comrades, Two By Two: Namibian 'Noah’s Ark' Honors Cuba’s Historical Sacrifices
Namibia is sending 148 wild animals overseas to Cuba, where they will become residents of the National Zoological Park outside of Havana.
Angola's $3.5B, Chinese-Built Ghost Town
China is finishing a major housing project outside Luanda, paid for with oil, but nobody's buying. To do so, the average Angolan would need to work 160 years.
ECOWAS Calls For national Unity Government In Mali
The West African regional bloc ECOWAS is calling for the creation of a national unity government in Mali in order to take urgent steps to confront the terrorist peril in the north of the country.
Angola: The Bloody 'Democracy' Of An Oil Republic
As soon as the door opened, 15 men -- armed with pistols, machetes and iron rods -- burst into the house and began beating the young Angolan musicians and activists who were known for protesting against government corruption and the use of violent tactics to suppress political dissent.
Guinea-Bissau: ECOWAS Troops Arrive For Peacekeeping Mission
On Thursday, 70 troops arrived in Guinea-Bissau as part of a peacekeeping initiative by the Economic Community of West African States (ECOWAS). The troops are meant to stabilize the country as it prepares for national elections in 12 months, following a military coup that deposed the civilian government.
Mali: Junta 'Regains Control' After Counter-Coup
The controlling militia issued a statement on Tuesday saying they were in control of key sites around the capital, including the state broadcasting building, the airport, and a major military base in Kati.
Ecowas To Send 3,000 Troops To Mali, Guinea-Bissau To Reinstate Civilian Rule
West-African regional bloc ECOWAS will send troops Mali and Guinea-Bissau to try to pressure their new juntas to reinstate civilian rule.
Guinea Bissau Junta Won't Hold Elections For Two Years
The military junta that seized control of Guinea-Bissau last week said on Thursday that they will hand power to civilian government in two years.
Guinea-Bissau Victim of Another Coup
The military has taken over the West African country of Guinea-Bissau, in a coup d'etat on Thursday, a few weeks before the country's presidential elections.
Gunfire, Possible Coup Reported in Guinea-Bissau
Heavy weapons fire echoed through the capital of Guinea-Bissau Thursday, witnesses said, and soldiers surrounded the residence of former Prime Minister Carlos Gomes Junior, the frontrunner in a presidential election.
London Jeweler Raises Awareness About ‘Blood Diamonds,’ Says Kimberley Process Allows Conflict Diamonds Into Market
The Kimberley Process only addresses diamonds produced in areas controlled by rebel militias. It doesn’t take into consideration violence committed by government forces.
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Viktor Bout, Alleged 'Merchant Of Death,' Faces Possible Life In Prison Today
Viktor Bout, a Russian national known as the Merchant of Death for his far reaching arms deals across the world will learn how long he will be in prison on Thursday. His defense attorneys have asked the judge to set him free while United States prosecutor said he should be locked up for the rest of his life.
BP Wins First UK Deep Offshore Drill Approval Since Macondo Gulf Spill
While this is not the first post-Macondo deep water project -- the British supermajor has been working in Brazil and Angola - it is the first on home territory since the April 2010 disaster.
Top After Market NYSE Movers (NBG, LNKD, DLB, AOI, VMW, CIE, GCA, TLM, BCR, NYX)
The top aftermarket NYSE gainers Friday were: National Bank of Greece, LinkedIn Corp, Dolby Laboratories, Alliance One International and Vmware. The top aftermarket losers were: Cobalt International Energy, Global Cash Access Holdings, Talisman Energy, C.R. Bard and NYSE Euronext.
Top After Market NYSE Gainers (LNKD, CBB, HDY, GNK, CIE, PHM, CJES, ODP, PL)
The top aftermarket NYSE gainers Thursday were: LinkedIn Corp, Cincinnati Bell, HyperDynamics, Genco Shipping & Trading, Cobalt International Energy, PulteGroup, C&J Energy Services, Office Depot and Protective Life Corp.
Yum Brands Sees 130 New Africa Stores This Year: Report
U.S. fast-food giant Yum Brands Inc. plans to open 130 new KFC stores in Africa this year, bringing its presence on the continent to 1,000 restaurants, the Business Day newspaper in South Africa said on Friday, citing a senior executive.
China's Premier Wen Jiabao Presses Saudi Arabia for Access to Oil and Gas
Chinese Premier Wen Jiabao pressed Saudi Arabia to open its huge oil and gas resources to expanded Chinese investment, media reports said on Sunday against a backdrop of growing tension centered on Iran and worries over its crude exports to the Asian power.
Gulf Oil Drilling Moratorium, 'Permitorium' to Cost Nation $24B, Industry Says
Since Deepwater Horizon, a longer permitting processes and the drilling moratorium in the Gulf of Mexico is projected to cost the U.S. more than $24 billion in lost investment, says a report from the American Petroleum Institute.
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