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.» Read More
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.
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.
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.
NAIROBI, Oct 28- Tullow Oil's suspension of drilling in Kenya after weekend protests shows that popular impatience for a share of the spoils is compounding the problems energy firms face building an oil and gas industry from scratch in east Africa.
*Delivery fleet seeks to beat Lagos traffic. BERLIN, Oct 24- The online retailer Jumia, a would-be African Amazon, is betting that it can propel the continent's rising middle class consumers out of the street markets and straight onto its websites, missing out the department stores and shopping malls in between.
*Kenya unexpectedly raised royalties and revoked licences in August. NAIROBI, Oct 17- Kenya plans to claim a 10 percent stake in large mining concessions under a new bill intended to give the state a greater share in profits from the sector, Mining Cabinet Secretary Najib Balala said on Thursday.
KHARTOUM, Oct 8- With its scrubland, unpaved roads and mud brick huts, the Jebel Amer area in Darfur, western Sudan, can look like a poor and desolate place. In the past year or so the precious metal has begun to alter the nature of the decade-old conflict in Darfur, transforming it from an ethnic and political fight to one that, at least in part, is over precious metal.
*About 25 pct of top office space vacant in Cairo- report. DUBAI/ LONDON, Sept 26- A flight by foreign companies from violent unrest in Egypt threatens to drive up vacancy rates at offices and malls and prompt international investors to shift funds to sub-Saharan real estate.