AFRICA

Chinese property developers are becoming ever more ambitious, as growth continues to slow at home, with plans to build entire cities from scratch in the world’s wealthiest and least-developed cities.

Oil prices rose Monday on signs that U.S. drilling activity is hitting new lows, though new federal data showed that declines in U.S. oil production slowed in December.

The current market situation in the oil industry “is unsustainable and totally unacceptable,” Nigerian President Muhammadu Buhari said.

Barclays expects to update investors on its reassessment of the future the British bank’s shareholding in Barclays Africa Group Ltd. in when it announces full-year results on Tuesday.

The big-budget film ‘Gods of Egypt,’ which carried Lions Gate Entertainment’s hopes of spawning a new franchise, flopped at the box office, opening to just $14 million in the U.S. and Canada over the weekend.

A weakening currency is increasingly weighing on what had been seen as one of the last bright spots in emerging markets: India. The rupee is down almost 4% this year, flirting with an all-time low against the U.S. dollar.

Cameroonian and Nigerian forces have freed several hundred hostages in a border town held by Boko Haram including young girls who were being trained as suicide bombers.

Isabel dos Santos, Africa’s richest woman, remains a controversial figure in Angola and Portugal—her portfolio of banks, retailers and telecommunications companies makes her an object of media fascination and persistent speculation that her capital comes from her father’s access to state oil revenues.

Investors scooped up dollars Friday as the latest economic releases pointed to resilience of the U.S. economy despite weaker growth overseas.

U.S. dollars have become increasingly scarce over the past 18 months as global oil prices crashed, depriving Nigeria of most of its export revenue. So the central bank has toughened rules governing how easily businesses can purchase them. Commerce is paying the price.

Obama orders a tepid fight against Islamic State in North Africa.

The outcry over strong-arm tactics Ugandan President Yoweri Museveni used in last week’s elections has turned a spotlight on his police chief, Kale Kayihura, who critics call the chief enforcer of a widespread campaign of intimidation against the opposition.

Sibanye Gold is buying many of South Africa’s aging platinum deposits on the cheap, betting it can replicate a strategy that helped turn a spinoff of struggling old mines into one of the world’s top gold producers.

Investors are yanking their cash from African assets, until recently a popular play for the adventurous, as a toxic confluence of factors overhangs the continent.

Somalia’s president says at least 180 Kenyan soldiers were killed in Somalia in an extremist attack on their base in January by al Qaeda affiliate al-Shabaab.