AFRICA

Saudi Arabia, however, still may not be satisfied as the oil-producing nations prepare to meet in Vienna.

The African National Congress sought to show a united front Tuesday, a day after a failed rebellion against President Jacob Zuma deepened painful rifts in South Africa’s ruling party.

In Zimbabwe, a U.S. dollar is no longer worth a U.S. dollar. A severe dollar shortage in this Southern African country has led to varying, and unprecedented, dollar-for-dollar exchange rates.

Iran and Russia have emerged as potentially deal-breaking obstacles to cuts in global oil production as OPEC members engage in a last-minute blitz of diplomacy ahead of a meeting on Wednesday.

President Jacob Zuma stared down an insurgency in his African National Congress on Monday, as a meeting of his party’s top decision-making panel dragged on for a third day.

French aircraft struck and likely killed one of the most wanted senior al Qaeda operatives in southern Libya earlier this month, marking a new level of cooperation between France and the U.S. on targeting militants, U.S. officials said.

The death of Fidel Castro drew a range of reactions from political leaders around the world, from tributes in countries with strong historical ties to Cuba to criticism from some Western figures.

A car bomb exploded near a police station in a busy market in the Somali capital on Saturday, killing at least 11 people and injuring 16 others, a police official said.

Zimbabwe’s central bank said it will start issuing on Monday $10 million in so-called bond notes, a parallel currency meant to alleviate a severe shortage of U.S. dollars in the country.

Fitch Ratings kept South Africa’s credit rating one notch above junk, but slapped the country with a negative outlook, citing risks to growth from a leadership battle in the ruling African National Congress.

Media giant Naspers, Africa’s biggest listed company, on Friday posted a 9.2% drop in first-half net profit as healthy revenue growth at its online shopping businesses failed to make up for the decline in currencies of some of its key markets.

BP PLC has agreed to buy a 10% stake in Eni SpA’s super-giant Zohr gas field offshore Egypt, expanding an already extensive footprint in the country.

Saudi Arabia is backing an effort to make the steepest oil-production cuts possible at OPEC’s meeting next week and to convince producers outside the cartel to help remove almost 2% of the world’s oil supply, people familiar with the matter said.

President Jacob Zuma avoided questions from lawmakers over how he would deal with a damning report from South Africa’s corruption watchdog.

Iran and Iraq have emerged as major stumbling blocks as OPEC officials tried to make progress on the broad outlines of a production cut that would thrust the cartel back into the position of directly trying to influence petroleum prices.

Egypt’s highest court overturned a life sentence against ousted president Mohammed Morsi and cleared 18 other senior Muslim Brotherhood officials, some facing the death penalty, in a long-running espionage case.

U.S. companies are barred from doing business with people and entities named on the government’s designated-terrorist list. The firm that touts the Butterball turkey is being investigated over such alleged ties.