Hailemariam Desalegn , Ethiopia's prime minister, tells CNBC that the country will only open up all its sectors to foreign investors once domestic companies can compete.» Read More
NAIROBI, Oct 11- The following company announcements, scheduled economic indicators, debt and currency market moves and political events may affect African markets on Thursday. KENYA- Central Bank of Kenya to auction 91- day Treasury bills. MAURITIUS- Bank of Mauritius to auction 182- day Treasury bills worth a.
*Rare chance for Sudan to meet Western firms. *Sudan and South came close to war in April. VIENNA, Oct 10- Sudan and South Sudan pledged to work together to rebuild their shattered economies and not to return to war in a joint plea for foreign investment after signing a critical trade and border agreement last month.
ADDIS ABABA, Oct 10- Ethiopia's year-on-year rate of inflation slowed to 19 percent in September from 20.2 percent a month earlier, helped by a slowdown in the rate of food price rises, official data showed on Wednesday.
ADDIS ABABA, Ethiopia-- Two weekly newspapers that have been critical of Ethiopia's ruling party have stopped publication because of government obstruction, the papers' publishers said Monday. The group says its paper was forced off market after featuring critical articles on the legacy of Ethiopia's late leader Meles Zenawi, who died Aug. 20.
But the speech in many ways was also as much about style as it was about substance, and the 61- year-old Morsi, the first freely elected president in Egypt's history, used his address to project the image of an energetic leader in touch with the needs of the people.
NAIROBI, Oct 3- Pan-African oil& gas explorer Simba Energy is to drill its first well in northeast Kenya in 2013, a company executive said on Wednesday, the latest effort by an energy firm to find oil in the east African nation.
This is the face of new, high-end hotels in Africa. International hotel developers are planning nearly 40,000 new rooms across Africa in the coming years. Travel and tourism in Africa generates about $164 billion a year, 9 percent of the continent's total GDP, said David Scowsill, president and chief executive of World Travel& Tourism Council.
Marcus Samuelsson has exploded onto the crowded food scene. See how the former