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
*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.
NAIROBI, Sept 24- Kenya's president said his forces had "defeated" Islamists from Somalia's al Shabaab on Tuesday, shooting dead five and capturing 11 others suspected of killing 67 people during a four-day siege at a shopping mall.
By Richard Lough and Edmund Blair. NAIROBI, Sept 24- Kenya's president said on Tuesday that his forces had "defeated" Islamists from Somalia's al Shabaab, had shot five of them dead and detained 11 others suspected of killing 67 people after storming a Nairobi shopping mall.
*Kenya says 2-3 Americans, British woman among militants. The al Qaeda- linked attackers are believed by Western sources to include Americans and possibly a British woman who may be the widow of a suicide bomber who took part in an attack in London in 2005. Al Shabaab in Somalia rejected suggestions that foreigners were involved.
Kenya's Interior Ministry is saying it is in control of Westgate Mall, and in other news, there are reports President Obama will shake hands with the new Iranian President Hassan Rouhani at the UN General Assembly. CNBC's Mary Thompson reports.
Explosions and gunfire erupted today at the upscale shopping center in Nairobi where terrorist invaded this weekend. NBC's Rohit Kachroo reports the latest details.
*Africa risk profile will be hurt by mall raid. JOHANNESBURG, Sept 23- When Islamist fighters from Somalia's al-Shabaab group stormed a Nairobi mall at the weekend, they knew they were hitting a high-profile symbol of Kenya's economic power in booming Africa.
NBC's Ron Allen reports the Kenyan government is claiming they have the hostage situation under control. There have been episodes of gun fire and explosions throughout the day.
NBC's Ron Allen reports at least 68 people are dead and 170 injured in an attack on a mall in Kenya.
NAIROBI/ MOMBASA, Sept 23- Security worries are nothing new in Kenya and so the country is unlikely to see long-term investors pull money out after the deadly attack on a Nairobi shopping mall, analysts say.
Sporadic gun fire and explosions were still heard in the Nairobi mall throughout the night as government forces moved to "more aggressive position" reports NBC's Rob Allen from Nairobi.
Beatrice Gachenge, CNBC Africa, reports on the terrorist attack at an upscale mall in Kenya.