The annual four-day Mining Indaba in Cape Town takes place as demand in China, one of the world's biggest consumers, begins to stabilise.

China's renminbi slipped a notch to become the sixth most-used global currency over the course of last year, hit by depreciation and government capital controls.

China's State Grid signed a deal Tuesday to buy a majority stake in Brazil's electricity giant CPFL for $4.5 billion.

A Turkish firm is set to win a tender to build the $7.6 billion (7.1-billion-euro) railway in Tanzania. The contract had initially been awarded to a consortium of Chinese companies.

China sentenced a former president of state-run energy giant Sinopec to 15 and a half years for corruption. The latest punishment meted out to a prominent figure in the graft-riddled oil sector. Wang Tianpu, the former general manager of China Petroleum and Chemical Corporation (Sinopec Group), was also fined 3.2 million yuan ($470,000), the official Xinhua news agency reported. The Nanchang City Intermediate People's Court in the eastern province of Jiangxi ordered Wang's illicit gains to be confiscated and said that the assets he embezzled should be returned to Sinopec. Wang's sentence came less than a week after Liao Yongyuan, a former executive with Sinopec's parent company CNPC, was jailed for 15 years on similar charges.

In Chinese culture, every year is represented by one of the 12 animals in a set consecutive order, starting with the rat and ending with the pig. In 2017, it is the turn of the rooster.

One young Taiwanese suspect deported from Kenya to Beijing in April said he had simply done it for the money.

Interpol announced a new project that will dismantle origanised crime networks between Africa and Asia that have devastated wildlife and made ivory a sought-after luxury.

The number of international tourists rose by four percent worldwide to 1.2 billion in 2016 as Asians travelled more, but security fears hit visitor arrivals in Europe and Africa.

The Congolese government has dropped objections to Freeport-McMoRan Inc. and Lundin Mining Corp.’s $3.8 billion combined sales of one of the country’s biggest mines to Chinese companies, bringing an end to an eight-month dispute. New terms between the parties will allow Freeport and Lundin Mining to exit the copper and cobalt project in the Democratic Republic of Congo without legal challenge according to Bloomberg News Agency.