A Dana Airline passenger commercial flight crashed and killed all the 153 passengers on board "A commercial airliner crashed into a densely populated neighborhood in Nigeria’s largest city on Sunday, killing all 153 people on board and others on the ground in the worst air disaster in nearly two decades for the troubled nation. The cause of the Dana Air crash remained unknown Sunday night, as firefighters and police struggled to put out the flames around the wreckage of the Boeing MD83 aircraft. Authorities could not control the crowd of thousands gathered around to see the crash site, with some crawling over the…

Sudan said on Wednesday the Heglig oilfield, scene of intense fighting with South Sudan last month, has been repaired and has started pumping the oil that is the lifeblood of the north's economy.   The two countries have been embroiled in weeks of fighting along their 1,800 km (1,200 mile) border, threatening to tip the region, which sits on one of Africa's most significant oil deposits, into a full-blown conflict.   The United Nations Security Council approved a resolution that threatens both countries with sanctions if they do not stop fighting and resume negotiations within two weeks, as demanded by…

Africa is most profitable area, say economists Africa is the world’s most profitable region, says Econometrix chief economist Azar Jammine. At a presentation in Johannesburg yesterday, he cited an analysis by the University of Oxford which showed that, adjusted for risk, Africa came out “way above” Asia and Latin America. Jammine, with Frontier Advisory chief executive Martyn Davies, presented the findings of the MasterCard Worldwide Insights report, entitled Taking Stock: The State of Sub-Saharan Africa. The report shows growth in the region has not been dominated by mining. Between 2002 and 2007, the fastest growing sectors were hotels and restaurants,…

France based News Agency- AFP reported "Peacekeepers control Abidjan airport, French military says" AFP further reported that "UN and French peacekeepers have taken control of Abidjan airport, the French military said Sunday, as clashes in the city continued between forces loyal to rival leaders Alassane Ouattara and incumbent Laurent Gbagbo." http://www.france24.com/en/20110403-ivory-coast-france-takes-over-abidjan-airport-boosts-peacekeepers-unoci CNN reported that "The west African country of Ivory Coast - also known as Cote d'Ivoire -- has been rocked by civil conflict as forces loyal to opposition leader Alassan Ouattara seek to oust incumbent president Laurent Gbagbo after a disputed presidential election last November. Most of the international…