Oil production is set to start in Uganda after a deal is signed between the government and London-based Tullow oil, which also draws in Chinese and French firms.
The UK will enter recession in the first half of the year as households continue to cut back, says the National Institute of Economic and Social Research.
South Sudan agrees a deal with Kenya to build an pipeline to Lamu, potentially reducing its dependence on its northern neighbour Sudan to export its oil.
Jacqueline De Biase, 49, describes how an idea to start making her own bikinis at home 30 years ago blossomed into one of Brazil's leading bikini brands.
The way annuities are sold is costing half a million retirees each year as much as £1bn in future pension income, the National Association of Pension Funds says.
The Middle East's experts on maritime security are meeting in Abu Dhabi this week and talk of Iran's threats of closing the Strait of Hormuz will feature prominently.
Sweden is often referred to as one of the most equal societies in the world, however in the challenging economic climate, many wonder if it can retain this quality.