Recently in Africa Category

After dropping to the lowest levels in more than two decades this summer, Nigerian oil production is poised to rebound further in the near term following an amnesty agreement between the government and key militant leaders.

Crude production is on course to top 2 million barrels per day after the amnesty deal halted attacks on oil facilities, but the country may have its work cut out simply holding on to its current oil production capacity in the short-term.

A month before the US bombing of Libya in April 1986, the world's media descended on Libya in anticipation of a military strike after then US president Ronald Reagan accused Libyan leader Muammar Qadhafi of backing terrorist attacks and ordered his navy to sail for Libya.

As the weeks dragged on with no military action, visas expired and most of the assembled hacks left the country, leaving behind a small group of diehard news agency reporters.

South Africa's President Jacob Zuma is facing his first scandal as he attempts to respond to the findings of the Donen commission into the role of several South African companies in the United Nations oil-for-food scandal.

Sinopec's acquisition of Addax Petroleum has provided a major boost for exploration activities in the Joint Development Zone, offshore Nigeria and Sao Tome and Principe, where so far results have been disappointing.

Efforts to speed up exploration in Block 2 came as state-owned Sinopec sought to clinch a C$8 billion takeover of Addax Petroleum Ltd., one of its partners in the JDZ.

Counting of votes has ended in South Africa's elections and Jacob Zuma, the mercurial leader of African National Congress, is on his way to becoming the republic's fourth president in the post-apartheid era.

The ANC was racing against itself Friday afternoon, leaving its opponents far behind and closing in on the much sought after two-thirds majority.