1. Africa Could Attain First World Status by 2048

Africa’s economy could grow and attain “first world status” if it sustains a two per cent annual growth rate over the next three decades. In a new book titled: The fastest billion – The Story Behind Africa’s Economic Revolution, the Renaissance Group outlines the continent’s growth trajectory over 30 years. Read Full Story

2. Government Plans for Capital Gains Tax on Oil Exploration Blocks

The government is in the process of working out a formula for taxing proceeds from oil explorers in the country. This has led to suspension of the sell of oil exploration blocks. Energy minister Kiraitu Murungi said during the East Africa Gas and Oil Summit 2012 that no firm will be allowed to sell an exploration block until the government comes up with a model for levying and collecting capital gains tax on such transactions.

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3. All Jetlink Flights Suspended

Jetlink Express has suspended all its flights with effect from Friday, November 16 citing shortage of foreign exchange in South Sudan. This means that all the passengers who had planned to travel using Jetlink will now have to look for other options after the sudden announcement.

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4. Kirubi Appointed to Havard's Global Advisory Council

Businessman Chris Kirubi has been appointed as a member of Harvard University’s Global Advisory Council. Mr Kirubi is one of approximately 60 council members and is also one of the three African representatives sitting in the council.

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5. BP Agrees to Pay $4.5 Billion in Penalties Over Gulf Spill

BP Plc (BP/), which has now agreed to pay more than $12 billion in government and private party settlements over the 2010 Gulf of Mexico oil spill, still faces claims seeking billions of dollars more for the catastrophe. The $4.5 billion agreement yesterday resolving federal criminal charges and claims by the Securities and Exchange Commission left the company at risk for as much as $17.6 billion in potential fines from alleged violations of the Clean Water Act and demands by the U.S. and Gulf states for enough money to restore the region’s coastline and waters to their condition before the spill.

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6. GOOOAAAAAL! My Name is Zlatan and Guess What i Did...

Zlatan Ibrahimovic is my name and I have dominated backpages all over the world since scoring an audacious overhead kick in Sweden's 4-2 win over England on Wednesday. CNN charts social media reaction as people debate whether my goal that night was was the greatest ever scored. Hehe, I don't mean to brag.

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7. Why Mitt Lost Among The Whites

(CNN) -- If you took a moment during the heat of the presidential race to drop by the Mitt Romney campaign office, you would have been shocked by the number of white people working to get him elected. About the only color you would have seen were the red and white in the Romney-Ryan posters. If you met with Romney's senior campaign team -- the decision makers -- you would have said major corporations in America have more diversity on their boards of directors than these guys. Read Full Story

8. Wine Firms Finally Quit War; Lets Drink to That

A dispute over distribution of popular South African wines and spirits in Kenya has been resolved. The Kenya Wines Agency (Kwal) and Distell Ltd, a South African wine maker, on Wednesday told the High Court in Nairobi that they had settled the dispute out of court. Particulars of the settlement were not immediately clear. Read Full Story

****And for you to know but not necessarily: In Texas USA, it's against the law for anyone to have a pair of pliers in his or her possession.