Mozambique's Ports Development Company (MPDC) said on Tuesday it would increase the handling capacity of its Maputo port to 12 million tonnes this year from 8.7 million in 2010 to take more coal from South Africa.
Flooding in South Africa has killed more than 100 people over the last month, saturating farms in the major food producer for the continent and leading the government to declare 33 municipalities disaster areas.
Rio Tinto's $3.9 billion bid for Africa-focused coal miner Riversdale gained steam on Monday after a representative of Riversdale's top shareholder Tata Steel backed the offer.
The board of Africa-focused coal miner Riversdale, including a representative from top shareholder Tata Steel, unanimously backed a $3.9 billion takeover offer from Rio Tinto, Riversdale said on Monday.
Floods have killed or left missing at least 40 people in South Africa and wrecked thousands of homes in neighbouring Mozambique, officials said on Monday.
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Food prices will continue to haunt the world in 2011, even as the UN's Food and Agricultural Organization warned of 'food price shock' on Wednesday.
Australia's relief over the years of drought being finally broken by rain in December was short-lived as its states now brace for flooding which the government has described as biblical.
Anglo-Australian miner Rio Tinto is finalizing a $3.8 billion takeover bid for Africa-focused Riversdale , according to two sources, upping an earlier offer as it seeks to gain key coking coal supplies amid soaring demand from India and China.
Mozambique police fired rubber bullets and teargas at demonstrators on Friday as rioting flared in the capital following two days of protests over high bread prices in which ten people were killed and hundreds wounded.
Mozambique police fired rubber bullets and teargas at demonstrators on Friday as rioting flared in the capital following two days of protests over high bread prices that saw seven people killed and hundreds injured.
Mozambique's capital Maputo got back to work on Friday after two days of rioting, triggered by a sharp hike in bread prices, which the government said left seven dead, 288 injured and millions of dollars of damage.
Mozambique's government deployed troops to clear barricades in the capital as angry protesters blocked roads and looted shops on Thursday, the second day of riots caused by soaring bread prices.
A long-running controversy over Zimbabwe's allegedly illegal diamond trade, which human rights groups say is run by the army to enrich the power elite, took another twist with a watchdog official saying Harare can resume exports suspended in 2009.
Backtracking by international donors in funding for HIV/AIDS may undermine years of progress and is already putting lives at risk, the health aid group Medecins Sans Frontieres (MSF) said on Thursday.
(Reuters) - Far fewer children are dying and rates of malnutrition, HIV and tuberculosis are declining thanks to good progress on health-related Millennium Development Goals (MDGs), the World Health Organization (WHO) said on Monday.
Zimbabwe is a nation with lots of diamonds and minerals but is one of the poorest in the world. Its inflation rate is almost 1,00,000 per cent. And in Zimbabwe, there is a place called Chiadzwa, which is known for its massive diamond deposits that can be dug out with simple tools only a few feet below the ground.
Norman Borlaug, the father of the Green Revolution of the 1960s and 1970s, had only months to live when he received a visit from an old friend, Rob Fraley, chief of technology for Monsanto Co.
More than 5,500 children across Africa have been given an experimental new malaria vaccine and the British drugmaker behind it, GlaxoSmithKline, promised on Wednesday that price would be no hurdle if it works.
Mozambicans voted in presidential, parliamentary and provincial elections on Wednesday, with President Armando Guebuza expected to retain power and move to attract more foreign investors.
...I know a place... Possibly the three best words a traveler can ever hear. A holy utterance delivered from the mouth of one vagabond to the ears of another. As a rule, it's a sentence always followed by a disclaimer:
The United States and Europe face a new health threat from a mosquito-borne disease far more unpleasant than the West Nile virus that swept into North America a decade ago, a U.S. expert said on Friday.
