Drug trafficking and the black market are, to a large extent, a direct consequence of the international drug control system and the national laws that are derived therefrom.

Sundance Resources said on Thursday Australian police are investigating allegations that the company may have bribed politicians in Congo Republic to win permits to pursue a major iron ore project.

Ethiopian long-distance runner Feyisa Lilesa made a rare display of defiance against the country's ruling party on Sunday as he crossed the finish line of the men's marathon on the final day of the Olympic Games in Rio de Janeiro.

As Britain chose to leave the European Union, sending shock waves through the global markets, experts remain uncertain on how this would impact African economies. Trade and investment would certainly be affected as most of the trade arrangements the UK has with African countries were negotiated through the EU.

African countries are reportedly threatening to withdraw from the United Nations Security Council unless they are allocated a permanent seat.

South Africa's Steinhoff has improved the terms of its agreed takeover of British discount retailer Poundland, saying its 610.4 million pound ($794.6 million) offer is final.