U.s. Navy Captures 5 Pirates After High Seas Battle

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Thu, 04/01/2010 - 11:14am

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S&P cuts Egypt's credit ratings
Ratings agency Standard & Poor's has pushed Egypt's sovereign credit ratings deeper into junk status, citing "continued pressure" on foreign reserves. More
Ghana impounds 'faulty condoms'
More than 110 million Chinese-made condoms are seized in Ghana after laboratory tests revealed they had holes and burst easily. More
Nigeria tycoon 'plans $8bn refinery'
Africa's wealthiest man, Aliko Dangote, says he aims to invest up to $8bn in a major new oil refinery that would double Nigeria's current oil output. More
Mubarak ordered back to prison
Former Egyptian President Hosni Mubarak has been ordered back to prison from military hospital. Mr Mubarak's retrial will open on 11 May, a Cairo appeals court says. More
African growth 'to outpace world'
Sub-Saharan Africa's economic growth is set to outpace the global average over the next three years, according to the World Bank. Higher commodities, increasing investment and a general pick-up in the world economy should all boost the continent's growth to more than 5%. More

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