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  • Kenya gov't to oversee wildlife authority actions Friday, 11 Apr 2014 | 8:22 AM ET

    Richard Lesiyampe said six senior Kenya Wildlife Service officials have been placed on leave to pave the way for investigations into the wildlife service's operations. Among those sent on leave is the senior deputy director in charge of conservation, Patrick Omondi, who is also known as "Elephant Man" in Kenya for his top level expertise.

  • NAIROBI, April 10- Seven Seas Technologies, one of Kenya's biggest IT companies, has pushed back its initial public offering until 2017 to allow it time to tap new countries in Africa and reduce its reliance on its home market.

  • *Need to focus on GDP per capita, World Bank says. *Nigeria needs to improve infrastructure, beware inequality. Nigeria's 2013 GDP was rebased up to an estimated nearly $510 billion- a "pie" one and half times the size of South Africa's, but feeding more than three times as many people.

  • NAIROBI, March 25- Standard Chartered Bank of Kenya expects east Africa's burgeoning middle class to drive growth in 2014 after it recorded a 16 percent rise in 2013 pretax profit, its chief executive said.

  • *Jambojet owned by listed airline Kenya Airways. Willem Hondius told Reuters that Jambojet, wholly owned by Kenya Airways, faced red tape, poor infrastructure and protectionist policies, but still promised fares low enough to attract bus travellers into the air for the first time.

  • NAIROBI, March 12- Kenya has offered Ethiopian companies a chance to raise funds and trade their shares on the Nairobi bourse in a move that could give them access to capital without compromising Addis Ababa's closed economy policy.

  • NAIROBI, March 6- Kenyan entrepreneur Ayisi Makatiani scrapped his first effort to launch a private equity fund 10 years ago because his pitch to invest in Africa couldn't raise enough cash to make it work.

  • NEW YORK, Feb 23- BuzzFeed has come a long way from cat lists. This month one of its journalists was on the ground in Kiev reporting on the crisis in Ukraine, and last December it published an in-depth article on a Chinese dissident living in Harlem, New York.

  • *Ethiopian Airlines plane had been bound for Rome. GENEVA, Feb 17- Swiss authorities detained the hijacker of an Ethiopian Airlines flight that was forced to land at Geneva's international airport on Monday, airport police said, adding that passengers and crew were safe.

  • GENEVA, Feb 17- A hijacked Ethiopian Airlines flight landed at Geneva's international airport on Monday, but it was not immediately clear who had seized the plane or if any demands had been made.

  • GENEVA, Feb 17- A hijacked aircraft landed at Geneva's international airport early on Monday, an airport spokesman said without giving details of the flight.

  • NAIROBI, Feb 14- A resignation letter by Somalia's central bank governor sent from Dubai has thrown Western donors into a quandary over supporting a government they need to fight al Qaeda's local allies.

  • BEIJING, Feb 11- China's efforts to help resolve a conflict in South Sudan mark a "new chapter" in Beijing's foreign policy that will seek to engage more in Africa's security, China's top envoy to the continent said.

  • NAIROBI, Jan 29- Anglo-South African financial services group Old Mutual Plc plans to raise the share of profits generated by its African business to 15 percent by the end of next year from 10 percent at present, the firm said on Wednesday.

  • NAIROBI, Jan 28- Kenyan President Uhuru Kenyatta has defended the tender for a multibillion-dollar railway project that was won by a Chinese company and sparked widespread criticism over the transparency of the process.

  • *Investors need to look beyond Kenya, Nigeria. LONDON, Jan 9- A two-year rally in frontier African stocks, which has withstood the Nairobi shopping mall attack, violence in the Central African Republic and fighting in South Sudan, is showing signs of fatigue, pointing to muted gains this year.

  • *South Sudan among world's toughest business environments. JUBA/ NAIROBI, Dec 5- Kenya Commercial Bank started small in Africa's newest nation, South Sudan- very small. That was in 2005. KCB now has 21 branches in South Sudan generating 9 percent of the group's 15.2 billion Kenyan shillings in pretax profit for the first nine months of 2013..

  • KISMAYU, Somalia, Dec 4- Al Qaeda- linked militants, drug smugglers and shadowy criminal networks stand in the way of the Somali federal government's hopes of hiring a foreign firm to manage the lucrative but run-down southern port of Kismayu.

  • Kenya starts work on $650 million airport expansion Tuesday, 3 Dec 2013 | 9:54 AM ET

    NAIROBI, Dec 3- Kenya began work on a $653 million expansion of the capital's main airport on Tuesday, the second large-scale infrastructure project it has launched in a week aimed at boosting trade and cementing its status as a regional commercial hub.

  • Families, feuds and foreigners: a tale of African caution Wednesday, 13 Nov 2013 | 5:36 AM ET

    Just ask Wal-Mart, the world's largest retailer. When it sought a foothold in east Africa, it sparked a family feud in one of its acquisition targets, Kenya's Naivas supermarket chain.

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