Unlike a hurricane, tornado or snowstorm, the ends and beginning of droughts are very hard to predict.» Read More
*$25.5 bln project to give S.Sudan, Ethiopia sea access. LAMU, Kenya, June 20- The latest in a string of militant attacks on Kenya's coast has dealt a fresh blow to the economy, but the threat this time goes beyond the tourist trade to an ambitious $25.5 billion port and transport scheme next to the historic town of Lamu.
Argentina’s debt default drama has failed to deter investors from emerging market bonds, as the hunt for returns continues.
*Kenya aims to raise $1.5- 2.0 billion in Eurobond. NAIROBI, June 12- Kenya expects its fiscal deficit to fall slightly to about 7.4 percent of gross domestic product for the 2014/ 15 financial year, figures from the finance minister's budget speech showed on Thursday.
NAIROBI, June 1- Recent bombings in Kenya have dented President Uhuru Kenyatta's plans to boost tourism and undermined his pledge to restore security after last year's Westgate shopping mall attack.
*Ethiopia says private sector too weak for competition. ADDIS ABABA, May 28- Ethiopia may delay plans to join the World Trade Organisation in 2015 if the country is required to liberalise its tightly regulated telecoms and banking industries sooner than it would like, the trade minister said.
*Central Bank says ready to act to minimise volatility. NAIROBI, May 26- Kenya's central bank has signalled its intent to defend the ailing shilling by selling dollars and says it has deep enough foreign reserves to cushion the currency against shocks.
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.
Africa's rapid economic growth has lured top American private equity firms to invest, including The Carlyle Group and Blackstone.
Kenyan President Uhuru Kenyatta says security forces have finally defeated a small group of terrorists after four days of fighting at a Nairobi mall.
Nick Anthony, COO at S4Si, discusses the situation in Kenya where the terrorist group Al-Shabaad is enacting a "campaign of terror" and advises investors against pulling out from Kenya.
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.
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.
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.
As emerging markets continue to fall from grace, their less high-profile frontier peers are stealing some of the spotlight. Interested, but not sure where to look next? Click ahead to see which frontier markets are the top performers.
Bail is set at $5 million for a Saudi princess accused in California with human trafficking for allegedly holding a domestic worker against her will.
PARIS, Nov 6- Pernod Ricard plans to tap Africa's thirst for whisky, vodka and cognac at a time when China is slowing and bets the continent will become a key growth area for the French spirits group within 10 years.
The dollar gets a safe-haven lift and the Turkey reaches investment grade — it's time for your FX Fix.