LONDON - Bob Diamond, the former boss of Barclays , is set to return to banking by listing a shell company in London in the next few weeks to invest in the African financial sector, a source familiar with the matter said.
Recent Africa News
BANGUI - French soldiers were cheered by residents on Saturday as they began patrolling densely populated neighborhoods of Central African Republic's capital, Bangui, which has been rocked by waves of killings between Muslim and Christian communities.
PARIS - French President Francois Hollande said on Saturday it would be difficult for the current head of Central African Republic to stay in place because he let the crisis there unfold.
PARIS - An African Union peacemaking mission will increase its force in Central African Republic to 6,000 men, the French President's office said on Saturday, up from 3,500 now.
TRIPOLI - Libya has lost more than $7 billion and faces new competition from Algeria and Nigeria in oil markets due to strikes at oilfields and ports drying up exports, Oil Minister Abdelbari al-Arusi said on Saturday.
BANGUI - The Red Cross in Central African Republic has so far collected the bodies of 394 people killed in violence in the capital, Bangui, since Thursday, the organisation's president said on Saturday.
CAIRO - Harboring grudges that date back to the ouster of Hosni Mubarak in 2011, Egypt’s Interior Ministry and police, not the army, were prime movers in overthrowing the country’s first democratically elected president, Mohamed Mursi. Full Article | Slideshow