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Somalia Eyes Oil, As New Bourse Sees Seven Firms Listing In...

Somalia's economy is slowly recovering from more than two decades of conflict, although the government is still battling an insurgency. Amid the chaos, some businesses have thrived, including money transfer and mobile phone firms.

Angola: Fight Against U.S. Dollar Continues Ahead of July 1 Deadline

AFRICANGLOBE - Oil firms, embassies, consulates and other foreign institutions operating in Angola will from July 1 be required to make their payments for goods and services in the local Kwanza currency. The Angolan National Reserve Bank (BNA) in a statement issued Tuesday said this conforms with current official policy to fight the dollarisation of the economy.