Equatorial guinea

Glencore International Posts Big 1H Profit Gain

Commodities trader Glencore International posted a 50 percent rise in headline first-half profit and said it saw opportunities emerging from turbulence in its key markets as commodity demand remains strong.

International Community Presses Juba, Khartoum On Sudan Referendum

The international community is pressuring the Juba and Khartoum governments to speed up preparation for a vote on South Sudan's future - a decision that will be dominated by the fate of coveted oil resources -- but an expert on the African country criticizes the lack of understanding about Sudan.

W Africa crude exports to Asia to fall in June

Major Asian oil buyers including India and China bought comparatively less loads of West African oil in June. According to reports, Indian, Chinese Taiwanese and Indonesian end-users bought a total of 1.65 million barrels per day (bpd) of crude from the oil-exporting region in 52 full or part cargoes, down from 1.72 million bpd in 56 cargoes in May.

Rich world should pay Africa to preserve forests

The developed world should pay African countries to preserve their vast forests to help the fight against climate change, some of the continent's governments will argue at next month's summit in Copenhagen.

Ex-lawmaker Jefferson guilty in bribery scheme

Former U.S. Representative William Jefferson, who was caught with $90,000 in cash in his freezer, was found guilty on 11 of 16 charges related to a bribery and money laundering scandal, a U.S. official said on Wednesday.

Business Investment in Africa Will Stem Migration

The world can promote development in Africa by supporting the private sector in Africa, as Spanish businesses agreed to do this week, and combating people-trafficking mafias, according to a non-governmental aid group.

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