With lessons seemingly learned from the collapse of and delays to major projects during the financial crisis, Dubai and its African partners are looking to launch a new period of cooperation in trade and investment.
- Duncan Miriri in Nairobi
Kenya is finalising laws to make it easier for foreign banks to operate in the country, and wants to host a Chinese currency clearing centre, replicating Qatar's model, as it bids to become a regional financial hub.
- Khalid Abdelaziz in Khartoum and Nicholas Owen and Randy Fabi in Jakarta
Sudan's President Omar Hassan al-Bashir at the last minute cancelled a trip to Indonesia for a summit this week, a government official said, in what would have been his first trip outside of Africa or the Middle East in nearly four years.
- Ankush Sharma in Bengaluru
Struggling state-run airline South African Airways (SAA) is in talks with Air China Ltd and HNA Group's Hainan Airlines Co to set up a West Africa-based hub or even sell a stake in the company, Bloomberg reported citing people familiar with the matter.
- Oleg Vukmanovic in Amsterdam
African seaborne gas exports will play a bigger role in meeting global LNG trade growth than the United States, whose supply will be capped by mass domestic switching from coal to gas-fired power generation, the West's energy watchdog said on Wednesday.