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  • World's best performing frontier markets Friday, 30 Aug 2013 | 5:43 AM ET

    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.

  • Saudi princess charged with US human trafficking Thursday, 11 Jul 2013 | 9:12 AM ET
    Mugshot of Saudi Princess Meshael Alayban, 42, charged with human trafficking in California.

    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.

  • Dollar Lifts, Euro Sags, Turkish Lira Gets a Boost Monday, 5 Nov 2012 | 7:49 AM ET

    The dollar gets a safe-haven lift and the Turkey reaches investment grade — it's time for your FX Fix.

  • Promising discoveries from Mozambique to Kenya have put governments in the driver's seat and the rising fees they will demand from oil and gas companies will start to weed out the smaller players that have blazed the region's exploration path. Kenya has said it will revamp its tax rules to benefit more from profits earned by foreign oil and gas exploration.

  • Cost of playing east Africa oil game on the rise Friday, 2 Nov 2012 | 9:50 AM ET

    Promising discoveries from Mozambique to Kenya have put governments in the driver's seat and the rising fees they will demand from oil and gas companies will start to weed out the smaller players that have blazed the region's exploration path. Kenya has said it will revamp its tax rules to benefit more from profits earned by foreign oil and gas exploration.

  • Number of murdered Somali reporters grows to 16 Thursday, 25 Oct 2012 | 8:13 AM ET

    The irony for journalists is that Mogadishu, on the whole, is far safer than it was when the Islamist extremists, al-Shabab, controlled most of the city from 2007-2011. African Union troops forced al-Shabab out in August 2011, leading to less violence and a general revival of business, the arts and sports.

  • Explosion at arms factory rocks Sudan's capital Wednesday, 24 Oct 2012 | 10:16 AM ET

    KHARTOUM, Sudan-- A powerful explosion at a military factory rocked Sudan's capital before dawn Wednesday, sending detonating ammunition flying through the air and causing panic, the official news agency and local media reports said. Khartoum governor Abdul-Rahman Khedr told SUNA agency that no one died in the explosion.

  • Group: Hunger 'critical' in violent area of Sudan Thursday, 18 Oct 2012 | 10:34 AM ET

    NAIROBI, Kenya-- More than 80 percent of people living in a conflict zone in Sudan's southern region are eating only one meal a day, compared with 10 percent one year ago, a U.S. advocacy group said Thursday, citing research collected from a region where aid groups aren't allowed to operate.

  • Should Africa be growing more wheat? Tuesday, 16 Oct 2012 | 1:35 PM ET

    DEBRE ZEIT, Ethiopia-- Bedlu Mamo stood in middle of his field in Ethiopia and cast a wary eye at the new variety of wheat he planted for the first time. As the U.N.' s Food and Agricultural Organization marked World Food Day on Tuesday, experts are reexamining what crops are best produced in Africa, for Africans.

  • UPDATE 1-Kenyan shilling firms vs dollar, shares slip Friday, 12 Oct 2012 | 11:36 AM ET

    *Stocks' bull run expected to continue. NAIROBI, Oct 12- The Kenyan shilling. At the 1300 GMT market close, commercial banks quoted the shilling at 85.00/ 20 to the dollar, slightly firmer than Thursday's close of 85.10/ 30..

  • Somalia says will not cancel new oil contracts Friday, 12 Oct 2012 | 10:53 AM ET

    NAIROBI, Oct 12- Somalia does not plan to nullify oil and gas exploration contracts made in recent years in favour of those that were signed prior to the toppling of the government in 1991, a senior state official said on Friday.

  • MOGADISHU, Oct 12- Somali pirates have released the Greek-owned bulk carrier Free Goddess and its 21 Filipino crew members after holding the vessel for more than eight months, the secretary general of the Seafarers Union of Kenya said on Friday.

  • NAIROBI, Oct 12- Uganda's sole power distributor, Umeme, has priced its 622.38 million shares to be sold through an Initial Public Offering at 275 shillings each, a source close to the deal said on Friday. It has a 20- year electricity distribution concession in east Africa's third-largest economy.

  • Swiss Re reinsures Rwanda crop insurance programme Friday, 12 Oct 2012 | 7:05 AM ET

    LONDON, Oct 12- A Swiss Re- backed micro-insurance project that provides weather insurance for crops in Kenya has been expanded to Rwanda, the companies involved said on Friday.

  • Kenya's cbank says in repo market to mop up $59 mln Friday, 12 Oct 2012 | 4:48 AM ET

    NAIROBI, Oct 12- Kenya's central bank said on Friday it was in the repurchase agreements market to mop up 5 billion shillings in excess liquidity.

  • NAIROBI, Oct 12- The Kenyan shilling. At 0716 GMT, commercial banks quoted the shilling at 85.05/ 25 to the dollar, barely changed from Thursday's close of 85.10/ 30.. "It looks a bit quiet for now, but we could see a bit more pressure on the shilling from importers... pushing it to its 85.50 support," said Julius Kiriinya, a trader at African Banking Corporation.

  • African Markets - Factors to watch on Oct 12 Friday, 12 Oct 2012 | 1:21 AM ET

    NAIROBI, Oct 12- The following company announcements, scheduled economic indicators, debt and currency market moves and political events may affect African markets on Friday. MAURITIUS- Bank of Mauritius to auction 364- day Treasury bills worth 500. by tensions between Turkey and Syria, lower output at North Sea oilfields.

  • MOMBASA, Kenya, Oct 12- The number of tourists visiting Kenya's coast fell by 22 percent in the first eight months of this year compared to 2011 due to concerns over Islamist violence and the cost of landing rights in the traditional tourist hot spot, tour operators said.

  • NAIROBI, Oct 11- Former U.N. chief Kofi Annan said on Thursday he wants more done to stem rising violence in Kenya before a March 4 election to prevent a repetition of the bloodshed that followed the last vote five years ago.