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  • *Kenya to remain "active" in debt market after Eurobond. NAIROBI, March 2- Kenya's drive to improve rail, roads and power plants will help spur economic growth to 6.9 percent in 2015 and 7 percent in coming years, its finance minister said. As well as infrastructure development, Kenya's economy would benefit from the drop in global oil prices, which would spur the...

  • Somalia extremists urge attacks on US shopping malls Monday, 23 Feb 2015 | 8:03 AM ET

    JOHANNESBURG— A video purported to be by Somalia's al-Qaida- linked rebel group al-Shabab urged Muslims to attack shopping malls in the U.S., Canada, Britain and other Western countries. The threat by the al-Qaida affiliate came in the final minutes of a more than hourlong video released Saturday in which the extremists also warned Kenya of more attacks like the...

  • *Carrefour to open first Kenya store this year. *Kenya seen as gateway to regional trade. Kenya, with a GDP of $53.4 billion, is a gateway to regional trade, but it holds other attractions for retail investors.

  • *Burberry, Louis Vuitton have Africa collections. *World has changing attitude towards Africa. Global fashion designers like Yves Saint Laurent took inspiration from Africa decades ago and more recently brands like Burberry, Louis Vuitton and Christian Dior have embraced the continent's style and broadened its appeal.

  • BULOBA, Uganda, Dec 23- From the coffee plantations of Uganda to the maize fields of Zambia, the collapse in world oil prices has so far brought few benefits for African farmers, with stubbornly high pump prices and voracious middle-men maintaining a squeeze on margins. Only in South Africa, the continent's most sophisticated economy and one of its top...

  • Kenya cuts maximum retail prices of fuel Sunday, 14 Dec 2014 | 7:50 AM ET

    NAIROBI, Dec 14- Kenya's Energy Regulatory Commission cut the maximum retail prices of petroleum products on Sunday saying the cost of importing refined products had fallen. The ERC reduced the maximum price of a litre of petrol in the capital Nairobi by 4.5 percent to 102.01 shillings, but still far higher than the 70- 80 shillings it retailed at in 2009, when the...

  • NAIROBI, Nov 25- Kenya's largest mobile phone firm Safaricom said on Tuesday it had signed a deal with the government to construct a security system worth 14.9 billion shillings. The awarding of the contract to Safaricom, which is 40 percent owned by Britain's Vodafone, had sparked a row when critics complained that it had been awarded without an open bidding...

  • *Kenya issued $2 bln Eurobond on Irish exchange in June. DIANI, Kenya, Nov 24- Kenya could cross-list its $2 billion Eurobond on the Nairobi bourse, Deputy President William Ruto said on Monday, telling investors that the yield on Kenyan debt is likely to fall as inflation eases. "I'm happy now that the stock exchange in Kenya is prepared to work with us as government to...

  • *Good weather, bigger harvest lead to glut. NANDI HILLS, Kenya, Nov 16- Emerald-coloured tea bushes blanketing the rolling hills of Nandi County have long provided a livelihood for small-scale farmers, helping make Kenya one of the world's biggest tea exporters. Samuel Busienei, a 72- year-old tea farmer, says he earns 40 percent less for each kilogramme of tea sold...

  • NAIROBI, Oct 31- Kenya, like other nations on a continent that boasts some of the fastest growth rates in the world, is racing to upgrade neglected infrastructure, improve regulations and revise often outdated economic figures to spur investment. But Kenya's challenges, many of which are mirrored across Africa, are formidable if it wants to build on recent gains.

  • Kenya bankers to launch house price index Tuesday, 14 Oct 2014 | 9:24 AM ET

    *To initially track residential house prices in Nairobi. NAIROBI, Oct 14- Kenyan bankers will launch a house price index this year to help policymakers take a broader view of changes in the economy and to assist investors in managing risk, an official at the Kenya Bankers Association said. The index will initially cover just the capital Nairobi where property...

  • NAIROBI, Oct 10- Tullow Oil said on Friday it was facing industrial action at a number of its drilling sites in northern Kenya, and a local leader said the company had evacuated some workers. Independent oil and gas explorer Tullow Oil and its partner in northern Kenya, Africa Oil, have struck commercially viable deposits of oil in the Lokichar basin in Turkana,...

  • MOMBASA, Kenya, Oct 3- Protesters in Kenya ended a blockade on Friday that had disrupted the transport of cargo by truckers on the main trade artery from Mombasa port to Nairobi and the wider east African region. At least 90 percent of all cargo arriving at the Indian Ocean port of Mombasa is ferried to final destinations in Kenya and landlocked neighbours by road,...

  • MOMBASA, Kenya, Oct 3- Protesters in Kenya blocked truckers on the only highway from Mombasa port to the capital Nairobi on Friday, threatening to choke the main trade artery with much of east Africa. Kenya's government has said about 30,000 Kenyan workers would be employed to build a multi-billion dollar standard gauge railway from Mombasa to Nairobi, with only...

  • MOMBASA, Kenya, Oct 1- Proposals by a local authority to impose new taxes on cargo at Kenya's main port has drawn opposition from the government and shippers, saying it will hike import prices and make the east African trade hub less competitive.

  • Ebola toll much higher than first thought: WHO Thursday, 14 Aug 2014 | 8:13 PM ET

    Staff with the World Health Organization battling an Ebola outbreak in West Africa see evidence the numbers of reported cases and deaths vastly underestimates the scale of the outbreak.

  • Why US advisors are doomed to fail in Iraq Friday, 20 Jun 2014 | 10:15 AM ET
    Soldiers from the 3rd Brigade Combat Team, 1st Cavalry Division go over last minute details before going out on the U.S. military's last combat patrol in the country, at Camp Adder on December 16, 2011 near Nasiriyah, Iraq.

    The U.S. has dispatched similar teams around the world and they have been unable to affect outcomes. The Fiscal Times reports.

  • Argentine woes fail to deter EM bond fans Wednesday, 18 Jun 2014 | 8:58 AM ET

    Argentina’s debt default drama has failed to deter investors from emerging market bonds, as the hunt for returns continues.

  • SunCulture goes off the Wall Street grid  Friday, 28 Mar 2014 | 4:58 PM ET

    SunCulture co-founders Samir Ibrahim and Charlie Nichols left Wall Street to start SunCulture, a company that provides solar powered drip irrigation to farmers in Nairobi, Kenya.

  • UK's 'White Widow' eyed in Kenya mall attack Friday, 27 Sep 2013 | 6:06 AM ET

    Interpol issued an alert at Kenya's request for a British woman who has been cited by police as a possible suspect in the attack on a Nairobi mall.