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  • KENYA'S FINANCE MINISTER TELLS REUTERS DRAFT LAW FOR PLANNED NAIROBI FINANCIAL CENTER TO BE READY IN 3 MONTHS.

  • *West Africa produces 70 percent of world's cocoa. Other African companies such as Ghana's Golden Tree use local cocoa but import milk powder and sugar. Multinationals such as Nestle mass produce chocolate in South Africa for the continent's consumers and source ingredients globally.

  • *Kenya already receives intelligence support from U.S, UK. *Kenya drawing up list of radicalised youth. NAIROBI, April 7- Kenya needs more help from its U.S. and European allies with intelligence and security measures to help prevent further massacres by Somali militants, Foreign Minister Amina Mohamed told Reuters on Tuesday.

  • NAIROBI, April 6- The Kenyan air force has destroyed two al Shabaab camps in Somalia, it said on Monday, in the first major military response since the Islamist group massacred students at a Kenyan university last week. Gunmen from the al Qaeda- aligned group killed 148 people on Thursday when they stormed the Garissa University College campus, some 200 km from the...

  • MAASAI MARA/MOMBASA, Kenya, April 6- Hoteliers from Kenya's Indian Ocean coast region and sprawling game park reserves said tourists have started cancelling trips to the east African nation after Islamist gunmen last week killed 148 people at a university campus. Since then, repeat al Shabaab attacks and travel warnings issued by the likes of Britain, United...

  • NAIROBI, April 6- The Kenyan air force has bombed two al Shabaab camps in Somalia, a defence force source said on Monday, in the first major military response to last week's attack by the militant group on a Kenyan university. Gunmen from the al Qaeda- aligned group killed 148 people on Thursday when they stormed the Garissa University College campus, some 200 km from...

  • GARISSA, Kenya, April 2- Gunmen from the Islamist militant group al Shabaab stormed a university in Kenya and killed at least 147 people on Thursday, in the worst attack on Kenyan soil since the U.S. embassy was bombed in 1998.. The siege ended nearly 15 hours after the Somali group's gunmen shot their way into the Garissa University College campus in a pre-dawn...

  • SOMALI ISLAMIST GROUP AL SHABAAB SAYS IT IS STILL HOLDING "MANY HOSTAGES" IN KENYAN UNIVERSITY SIEGE- SPOKESMAN.

  • Terror group al-Shabab attacks in Kenya   Thursday, 2 Apr 2015 | 1:04 PM ET
    Terror group al-Shabab attacks in Kenya

    CNBC's Tyler Mathisen reports at least 14 people were killed in a terrorist attack at a Kenyan university. The US Embassy in Kenya is saying the Islamic Group al-Shabab is to blame.

  • GARISSA, Kenya, April 2- GARISSA, Kenya, April 2- Gunmen from the Islamist militant group al Shabaab stormed a Kenyan university campus on Thursday, killing and wounding dozens of students and staff. Police and soldiers surrounded the Garissa University College and exchanged gunfire with the attackers throughout the day. Sheik Abdiasis Abu Musab, an Al Shabaab's...

  • NAIROBI, April 2- At least 14 people were reported killed on Thursday when Islamist militant group al Shabaab stormed a university campus near Kenya's border with Somalia, taking Christian students hostage and battling security forces over several hours. Police and soldiers surrounded and sealed off Garissa University College and were attempting to flush...

  • NAIROBI, April 2- At least 14 people were reported killed on Thursday when Islamist militants stormed a university campus near Kenya's border with Somalia, taking Christian students hostage and battling security forces over several hours. Police and soldiers surrounded and sealed off Garissa University College and were attempting to flush out the gunmen,...

  • Private equity investors pile into Africa Tuesday, 17 Mar 2015 | 2:24 PM ET
    Skyline of the business district of Lagos, Nigeria.

    Private equity firms are doing more deals in Africa to tap the continent's growing population and wealth.

  • *In Nigeria, street hawkers seize their chance. ABUJA, March 13- Few Nigerians are applauding the collapse of oil prices, which has hit the economy of Africa's top crude producer hard and hammered its currency, the naira. In other African crude producers such as Angola and South Sudan, the sharp drop in oil receipts has caused the official supply of dollars to dry up,...

  • *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...

  • *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...

  • Investors bet on the world's newest middle class Monday, 22 Dec 2014 | 5:00 AM ET
    A customer browses men's shoes in the footwear department inside a Truworths International Ltd. fashion store in Sandton, South Africa

    Experts reveal which sectors in Africa are poised to make headway, and how investors are tapping in.

  • 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...