Robert Diamond’s Atlas Mara Co-Nvest Ltd. agreed to buy ABC Holdings Ltd. and ADC African Development Corp. for as much as $265 million in the first acquisition by the investment firm of the former Barclays Plc head.
Morgan Tsvangirai’s rise from labor leader to Zimbabwe prime minister and presidential contender ended last week in his heaviest ever electoral defeat at the hands of Robert Mugabe. Now some analysts believe he may have to quit politics.
Namibia said it won’t be able to renew a trade deal with the European Union by the time an existing agreement expires in October because the 28-nation bloc is inflexible over food and agricultural imports.
Five years after standing on the brink of electoral defeat, Zimbabwean President Robert Mugabe was inaugurated to extend his 33-year rule with renewed power at home and acceptance from neighboring countries.
Most Zimbabwean polling stations closed in an election that will decide whether President Robert Mugabe will extend his 33-year rule amid claims by his opponents that a flawed electoral roll threatened a free vote.
Zimbabwe President Robert Mugabe was re-elected and won the two-thirds legislative majority his party needs to change the constitution as his main rival urged African leaders to overturn what he said was a fraudulent vote.
Madagascar’s electoral court upheld Hery Rajaonarimampianina’s victory in last month’s presidential elections as his defeated rival urged regional leaders to investigate his claim that the vote was marred by fraud.