International Business News http://africa.ibtimes.com All articles are copyrighted by IBTimes.com Paris became the stage Monday for the latest round of global protests against China, with thousands of police deployed to protect the Olympic torch relay after chaos in London the day before. http://africa.ibtimes.com/articles/20080407/olympics-protestors-torch-relay.htm Mon, 07 Apr 2008 06:36:16 EDT President George Bush support for NATO membership expansion went unheard on Thursday at the final summit he will attend as a U.S. president. The alliance decided the time wasn't ripe for Georgia and Ukraine to join, while allies agreed to send out more troops to Afghanistan. http://africa.ibtimes.com/articles/20080407/nato-soviet-bush-putin.htm Mon, 07 Apr 2008 06:35:28 EDT A slowdown of deforestation from the Amazon to the Congo basin could generate billions of dollars every year for developing nations as part of a U.N. scheme to fight climate change, a study showed on Monday. http://africa.ibtimes.com/articles/20080406/defrostation-congo-eco.htm Sun, 06 Apr 2008 23:12:32 EDT Egypt's Orascom Hotels and Development posted a 124 percent rise in 2007 net profit before minority interest to 478.5 million Egyptian pounds on Sunday, the stock exchange said. http://africa.ibtimes.com/articles/20080406/orascom-hotel-egypt-profit.htm Sun, 06 Apr 2008 23:11:54 EDT Secretary-General Ban Ki-moon deplored "alarming levels" of violence in Darfur Friday, saying that the suffering of millions in the Sudanese region may have gotten worse in recent years. http://africa.ibtimes.com/articles/20080406/un-darfur-sudan.htm Sun, 06 Apr 2008 23:09:13 EDT Microsoft Corp. has sent a letter to the Yahoo Board of Directors setting a three-week deadline for moving forward on its buyout offer. http://africa.ibtimes.com/articles/20080406/microsoft-yahoo-deal.htm Sun, 06 Apr 2008 23:04:54 EDT The market is supplied with enough oil and OPEC is not under pressure to raise output, the organisation's secretary general was quoted as saying on Saturday during a visit to Iran. http://africa.ibtimes.com/articles/20080406/oil-opec-market-fuel.htm Sun, 06 Apr 2008 22:55:38 EDT Behind the tall white walls of a grandiose home belonging to the world's longest-ruling president, ostriches, buffalo and camels roam neatly landscaped lawns part of a vast private complex said to include a crocodile wetland and lake topped with lotus flowers. http://africa.ibtimes.com/articles/20080406/castro-africa-gabon-omar-bongo.htm Sun, 06 Apr 2008 21:50:16 EDT It is 21st century and do you know what is the main fuel for several African nations now? It is charcoal. http://africa.ibtimes.com/articles/20080406/charcoal-africa-mozambique.htm Sun, 06 Apr 2008 21:48:59 EDT The world's richest nations agreed Sunday that industrially advanced countries must increase their aid to Africa and other impoverished areas despite economic slumps at home. http://africa.ibtimes.com/articles/20080406/g8-africa-economic.htm Sun, 06 Apr 2008 21:44:14 EDT Ethiopia's export earnings rose 32 percent year-on-year to $854.5 million for the first eight months of the 2007-2008 fiscal year, Trade and Industry Minister Girma Birru said on Friday. http://africa.ibtimes.com/articles/20080406/ethiopia-export-market-coffee.htm Sun, 06 Apr 2008 21:42:59 EDT The leading Egypt-based private equity firm, Citadel Capital, said on Sunday it was on course to finalise a loan package of up to $2.25 billion to build an oil refinery near Cairo. http://africa.ibtimes.com/articles/20080406/egypt-citadel-refinery.htm Sun, 06 Apr 2008 21:41:43 EDT Egyptian stocks inched higher on Sunday led by gains in the textile sector after the market shrugged off any potential effects of a thwarted labour strike in the Nile Delta, traders said. http://africa.ibtimes.com/articles/20080406/egypt-textile-stocks-market.htm Sun, 06 Apr 2008 21:40:54 EDT Liberia signed over 15,000 hectares of land for commercial rice production at the weekend under an aid agreement intended to increase local production and help offset soaring import costs as world food prices surge. http://africa.ibtimes.com/articles/20080406/liberia-rice-import-trade.htm Sun, 06 Apr 2008 21:39:02 EDT Egypt promised its farmers above international prices for this season's wheat and proposed to grow wheat in Sudan to meet the needs of Egyptian consumers, state news agency MENA said on Sunday. http://africa.ibtimes.com/articles/20080406/egypt-wheat-sudan.htm Sun, 06 Apr 2008 21:37:49 EDT Arguments between Kenya's rival parties delayed the creation Sunday of a new power-sharing Cabinet that is key to a deal reached after weeks of postelection violence. http://africa.ibtimes.com/articles/20080406/kenya-leaders-kibaki.htm Sun, 06 Apr 2008 10:33:21 EDT Ministers from trade powers are likely to meet in the week of May 19 for their long-awaited push for a breakthrough in global trade talks, European diplomats said on Saturday. http://africa.ibtimes.com/articles/20080405/wto-eu-diplomats.htm Sat, 05 Apr 2008 15:16:36 EDT The Cameroon Development Corporation (CDC), the West African country's main employer after the state, has launched a project to boost its rubber output by more than a third. http://africa.ibtimes.com/articles/20080405/cameroon-rubber-commodities.htm Sat, 05 Apr 2008 09:14:40 EDT World oil prices surged to $ 106.23 a barrel, up by $ 2.40 or by two percent Friday on a weak US dollar and a record decline in job market. http://africa.ibtimes.com/articles/20080404/oil-us-dollar-commodities.htm Fri, 04 Apr 2008 17:17:40 EDT South Africa's rand ended the week softer against the dollar in volatile trade on Friday, while local shares gained over one percent, buoyed by stronger resource and banking stocks. http://africa.ibtimes.com/articles/20080404/south-africa-rand-dollar-currencies.htm Fri, 04 Apr 2008 16:15:41 EDT