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President Yoweri Museveni has carried out a major cabinet shuffle, moving Daudi Migereko from energy and minerals, and giving the finance portfolio to ultra-loyalist Syda Bbumba, a former energy minister and an economist by training.

South Africa’s first private equity clean energy fund, the Evolution One Fund, raised $56m from offshore investors in 2008 and says it is now seeking projects to invest in.

Despite early hopes that Africa might escape the worst of the global financial crisis, sharp falls in oil and metals prices will hit many countries hard.

Democratic Republic of Congo is at the centre of an increasing and uneasy stand-off that ostensibly pits the People’s Republic of China’s $9bn minerals-for-infrastructure contract against the

Al-Ghurairs Africa operations

Profiles of new Saudi investors in Africa

Financial markets appear to be taking a much tougher view of Angola’s major borrower, writes Kevin Godier. The latest commercial financing package put in for Sonangol elicited a solid response from banks when it was presented last autumn, but continuing deterioration in global financial markets means the underwriting process may not have gone as smoothly as expected. Four banks...

Disputed territories of Sool and eastern Sanag included in Somaliland elections with the hope of achieving a more peaceful resolution to the border dispute

Co-operation with Gazprombank; New SAAC members; Fitch revises Kenya outlook

The disputed territories of Sool and eastern Sanag, between the neighbouring breakaway Republic of Somaliland and Republic of Puntland, have so far proved a major obstacle in Somaliland’s quest for independence (AE 146/15, 136/15, 135/24). Both sides lay claim to a territory believed to be resource-rich and two clans, the Dhulbahante and Warsengeli, have said they are not served adequately by either de facto government.

The European Investment Bank (EIB) is considering a partial withdrawal from the controversial Chad-Cameroon pipeline project, following the World Bank Group’s withdrawal from the revenue management scheme last year (AE 146/28).

EX-IM BANK: Still open for Nigeria; MOZAMBIQUE: IFC finances mining exploration; MENA REGION: IFC supports CTI Group

Libya’s opening up has impressed international oil companies, but the Jamahiriya (State of the Masses) retains its capacity to surprise investors. Newspapers Al-Shams

The government is planning a financial restructuring operation to address the 5bn dirham ($585m) debt owed by Office National de l’Electricité (ONE).

As the deadline for solving the toughest challenges of Sudan’s peace agreement looms, both north and south are facing sharp falls in oil income, writes Thalia Griffiths.