The European Union said it would study the possibility of using economic pressure to end the bloodshed in Egypt.
Africa
South Africa's Seven Sisters inks deal with Wal-Mart, ends apartheid legacy
Wal-Mart Stores Inc signed a deal to import South African wine label Seven Sisters in an agreement that ended the legacy of apartheid.
Spar Group works with partner to open store in Angola
South African grocer Spar Group Ltd said it would be working with an Angolan partner to open a store in Luanda in the next six months.
Total agrees on purchase of Chevron's Egyptian retain network
French oil and gas company Total said that it would be buying the retail network of US-based Chevron in Egypt.
Niger planning to take full control of Samira hill mine
Niger plans to purchase Semafo's 80% stake in the Samira Hill mine in order to take full control of the project.
Latest News
Barclays Bank of Kenya signed a financing deal with the African unit of British oil explorer Marriott Drilling worth USD 13 million.
Edcon Holdings, a clothing retailer owned by Bain Capital Partners, suffered sales losses because of its remodeling operations.
Johannesburg-based mining firm Gold Fields Ltd said it had signed an acquisition agreement with Barrick Gold to buy the latter's assets in Australia.
Vodacom Tanzania announced plans for network expansion with TZS 200 billion investment. South Africa's Vodacom in Tanzania announced its plans to develop and grow in the country within the year.
African Barrick Gold named industry veteran Bradley A. Gordon as its new Chief Executive Officer. African Barrick Gold appointed Bradley A. Gordon as its new Chief Executive Officer.
Cairn Energy Plc to start drilling campaign on September. Cairn Energy Plc (CNE) targeted a drilling campaign in Morocco, Senegal and Ireland on September.
Koos Bekker became a billionaire earlier this year after he transformed Naspers Ltd. from an old-print business into the largest media firm.
One of the largest South African buyout firms, Ethos Private Ltd, is planning to sell its stakes to Alexander Forbes, Africa's largest retirement-fund administrator.
Anglo American Platinum Limited reveals cost-effective plans. Anglo American Platinum Limited (AMS), in its goal to regain profitability, plans to cut down employment from its South Africa head office.
