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The Permanent Court of Arbitration in The Hague has ruled on Sudan’s disputed Abyei region, substantially redrawing the border and giving the Heglig and Bamboo oilfields to Khartoum.

Sterling Energy has announced plans to raise £62.5m ($103m) through a discounted share placing and says it is no longer in takeover talks.

Booz gets Sonatrach engineering consultancy; KenGen to issue bond; Circlie Oil share placing; DRC-China deal amended

Nearly a decade of quiet British diplomacy and adroit Libyan manoeuvring left Scottish Justice Minister Kenny MacAskill with no realistic option but to return convicted Lockerbie bomber Abdelbasset Ali Mohammed Al-Megrahi to Libya. Any alternative would have thrown into question the whole logic of rapprochement with Libya – one of the UK’s few notable international triumphs of recent years.

While most attention focuses on Sayef and Muatassim, an even younger military son, Khemis El Qadhafi, is starting to play a significant role. From a young age, Khemis has led an elite military unit, which military observers say is being promoted by Qadhafi senior as a major force

The 40th anniversary of Muammar Qadhafi’s Fatah Revolution will confirm the regime’s hold on power and ability to shape Libya’s direction. Changes are anticipated to the way the political system operates, but more important still may be shifts in the pecking order within the first family, writes Jon Marks

Through adroit political manoeuvres, Colonel Qadhafi has steered his country back into the global mainstream; rising income from hydrocarbons has swelled the coffers of Libyan investment funds and enhanced their ability to make deals across Africa and beyond.

The great opportunities that tempted so many international players into Libya’s energy sector have not gone away.

NOC’s push to get international operators to do work and employ locally makes political sense to Tripoli, but localisation measures are adding to the pressure on foreign partners

AFRICAN MINERALS: Share placing; AMINEX: Share placing

ALGERIA: IFC invests $24m in cement plant, GHANA: IFC raises $160m for mobile telecoms; LUSOPHONES: IFC, Portugal launch private sector growth fund

Human Rights Watch’s new report lists a number of business dealings between relatives of President Obiang and US

Hyperdynamics Corporation’s cash woes have hit its troubled Guinea project.

The World Bank board has approved a package of three loans totalling $535m to support government efforts to improve economic governance and stabilise the economy.

EGYPT: USTDA funds petrochemicals, railways; EGYPT: First public-private infrastructure transaction; LIBERIA: AfDB finances development bank; LIBERIA: Extra World Bank funds for infrastructure; MOZAMBIQUE/MALAWI: AfDB funds Nacala road corridor