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Mail Aims to Raise State's Share in Mining Projects

Mali is seeking to raise the state share in mining projects to 25 percent from 20 percent in a proposed revision to the West African gold producer's mining law, a senior official at the state regulator told Reuters on Monday.
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Goldplat Pours First Bar of Gold in Kenya

Africa-focused gold producer Goldplat has poured the first bar of gold from its Kilimapesa mine in Kenya, marking the beginning of production in the east African country's first gold project, the company said on Tuesday.
New Hampshire Primary

Mitt Romney in New Hampshire: Inside a Winning Campaign

Get a glimpse inside Romney's headquarters for the 2012 New Hampshire primary, and meet some of the volunteers who helped him get elected. Then, travel with IBTimes to the results party, where Romney's family greeted supporters and promised to turn the Granite State red. What drew New Hampshire to Romney? Why do voters believe he'll make the best president?
Winter snow storm headed to Boston and southern New England

Romance scams heat up for the holidays

For most people, the holiday season is a time spent with family and friends, but for many it can be a time of intense loneliness. Scammers count on that.
Nigerian Stock Exchange

Nigerian Stock Market to List its First Gold ETF

Nigeria's bourse is to list its first exchange traded fund (ETF) on Monday, a South African gold-backed fund that will broaden the exchange's range of products beyond equities and bonds, the stock exchange said on Friday.
Workers in Abuasi gold mine in Ghana

Ghana Gold Town Yet to See Gains

Tucked away in Ghana's southern Ashanti region, Obuasi has all the trappings of a gold-rush town, including a statue of a miner painted in gold and a huge conveyor belt crisscrossing the city centre. But while rows of neat miners' cottages show some local gain from a commercial mining industry dating back to the 19th century, many of its residents complain they have yet to feel the full benefit of the riches buried beneath their feet.
Gay Pride South Africa

Nigeria Seeks to Criminalize Homosexuality

Same-sex marriages and homosexual activities were officially banned by the senate in Nigeria on Tuesday, placing criminal penalties of up to 14 years in prison on same-sex relationships.
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AU envoy urges negotiations with Somalia rebels

The African Union special envoy for Somalia on Wednesday urged countries waging war on al Shabaab to keep an open door to negotiations with militants who are willing to lay down their weapons.
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AIDS, TB, Malaria fund forced to cut grants

The world's largest backer of the fight against AIDS, tuberculosis and malaria said on Wednesday it was cutting new grants for countries battling the diseases and bringing in a new manager to ensure better administration.
Businessmen chat in front of a Standard Bank logo in Sandton outside Johannesburg

Standard Bank targets Africa's SME sector

Standard Bank Group is now financing small and medium-sized (SME) enterprises, tapping into a lucrative segment that was previously ignored by mainstream lenders but is increasingly on the agenda for most African governments.

Ghana's Cocobod says carriers' strike over

Ghana's cocoa regulator Cocobod said port carriers had called off a week-long strike over pay and conditions and that exports from the world's second biggest grower could resume shortly.
British Airways

Nigeria fines BA, Virgin Atlantic total $235 mln

Nigeria said on Thursday it was fining airlines British Airways and Virgin Atlantic a total of $235 million, as an ongoing row between Britain and Africa's most populous nation over landing slots and ticket prices escalates.
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Ghana's pre-poll budget to aid poor, limit deficit

Ghana will raise spending by over 12 percent to tackle poverty in a 2012 election year but will keep finances in check with higher state revenues, President John Atta Mills' government pledged in a budget on Wednesday.

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