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Business Kenya

  • Aside from South Africa and Nigeria, governments have not yet done enough to develop capital markets that would have allowed them to raise more money in their own currencies, investors say. United Nations trade body UNCTAD estimates that Africa's external debt stock rapidly grew to $443 billion by 2013 through bilateral borrowing, syndicated loans and bonds.

  • Aside from South Africa and Nigeria, governments have not yet done enough to develop capital markets that would have allowed them to raise more money in their own currencies, investors say. United Nations trade body UNCTAD estimates that Africa's external debt stock rapidly grew to $443 billion by 2013 through bilateral borrowing, syndicated loans and bonds.

  • JOHANNESBURG, May 15- UK- based telecoms group Vodafone moved to consolidate two of its African interests on Monday with the transfer of a 35 percent stake in Kenya's Safaricom to majority-owned South African subsidiary Vodacom. The 34.6 billion-rand deal, structured as an acquisition of the stake by Vodacom in return for new shares, is the latest move by...

  • JOHANNESBURG, May 15- UK- based telecoms group Vodafone moved to consolidate two of its African interests on Monday with the transfer of a 35 percent stake in Kenya's Safaricom to majority-owned South African subsidiary Vodacom. Shares in Vodacom were up 0.2 percent at 153 rand at 1043 GMT, when Vodafone's shares were down 0.3 percent at 210 pence.

  • NAIROBI, May 12- Serena Hotels operator TPS Eastern Africa is optimistic about prospects for this year after an 8 percent rise in bookings for safaris in Kenya for second half, its chief executive said on Friday. Bookings are up even though Kenya goes to the polls on August 8, a decade after a disputed presidential election led to violence, which left more than a...

  • Sudan, the last male northern white rhino left on the planet, in Kenya.

    This rhino bachelor is single — literally the only rhino of its species left, USA Today reports.

  • *Tens of billions of dollars pour into China's " Silk Road". SHANGHAI/ BEIJING, April 24- Global security companies and their smaller Chinese rivals are jostling for business along Beijing's modern-day " Silk Road," the grandiose plan for land and sea routes connecting the world's second largest economy with the rest of Asia and beyond. It won't be easy, however, with...

  • LAGOS, April 20- Nigeria's naira shot firmer on the country's black market on Thursday as traders prepared for the central bank to increase the dollar supply to exchange bureaux to keep the official retail rate higher. The central bank plans to sell $20,000 each to bureaux de change operators on Thursday, the operators' association president, Aminu Gwadabe, told...

  • LONDON- British Finance Minister Philip Hammond and Bank of England Governor Mark Carney will speak at London FinTech conference 0930 GMT. BRUSSELS- Christine Lagarde Managing Director of the International Monetary Fund will speak about the global outlook and policy priorities ahead of the upcoming 2017 IMF Spring Meetings 0900 GMT.

  • LONDON- British Finance Minister Philip Hammond and Bank of England Governor Mark Carney will speak at London FinTech conference 0930 GMT. BRUSSELS- Christine Lagarde Managing Director of the International Monetary Fund will speak about the global outlook and policy priorities ahead of the upcoming 2017 IMF Spring Meetings 0900 GMT.

  • STOCKHOLM Swedish National Bank Governor Stefan Nils Magnus Ingves will hold a guest lecture on financial crises and future challenges at the Department of Economic History. UNITED STATES- Bank of America Merrill Lynch Auto Summit- 1200. VIENNA- Austrian National Bank Vice Governor Andreas Ittner speaks to business reporters- 0900 GMT.

  • STOCKHOLM Swedish National Bank Governor Stefan Nils Magnus Ingves will hold a guest lecture on financial crises and future challenges at the Department of Economic History. UNITED STATES- Bank of America Merrill Lynch Auto Summit- 1200. VIENNA- Austrian National Bank Vice Governor Andreas Ittner speaks to business reporters- 0900 GMT.

  • **ANN ARBOR, U.S. state of Michigan- Federal Reserve Chair Janet Yellen participates in a discussion with Gerald R. Ford School Dean Susan Collins before the " Gerald R. Ford School of Public Policy: Policy Talk Series" in Ann Arbor 2010 GMT. VIENNA- Austrian National Bank Vice Governor Andreas Ittner will speak to business reporters. TOKYO- Bank of Japan Governor...

  • **ANN ARBOR, U.S. state of Michigan- Federal Reserve Chair Janet Yellen participates in a discussion with Gerald R. Ford School Dean Susan Collins before the " Gerald R. Ford School of Public Policy: Policy Talk Series" in Ann Arbor 2010 GMT. VIENNA- Austrian National Bank Vice Governor Andreas Ittner will speak to business reporters. TOKYO- Bank of Japan Governor...

  • VALLETTA, Malta- European Central Bank President Mario Draghi and Vice-President Vitor Constancio participate in an Informal ECOFIN meeting in Valletta. VALLETTA, Malta Official Council meetings of economic and financial affairs ministers. VALLETTA, Malta- European Central Bank President Mario Draghi, chair of the supervisory board DaniEele Nouy and...

  • VALLETTA, Malta- European Central Bank President Mario Draghi and Vice-President Vitor Constancio participate in an Informal ECOFIN meeting in Valletta. VALLETTA, Malta Official Council meetings of economic and financial affairs ministers. VALLETTA, Malta- European Central Bank President Mario Draghi, chair of the supervisory board DaniEele Nouy and...

  • Adem's initiative, funded by dollars cajoled out of his medical students and donations wheedled from businessmen, highlights how private citizens in Somalia, Syria and Pakistan can provide lifesaving social services in countries abandoned by their governments and devastated by violence. Somalia has been mired in conflict since 1991, when clan warlords...

  • Adem's initiative, funded by dollars cajoled out of his medical students and donations wheedled from businessmen, highlights how private citizens in Somalia, Syria and Pakistan can provide lifesaving social services in countries abandoned by their governments and devastated by violence. Somalia has been mired in conflict since 1991, when clan warlords...

  • Kenya looking to tap new investors to fund big projects. NAIROBI, March 23- Kenya began selling a government bond exclusively via mobile phones on Thursday, a world first aimed at expanding the pool of investors in a country that needs money for infrastructure projects and where many people don't have a bank account. Kenya has borrowed heavily in the past four...

  • CAPE TOWN, March 17- Airbnb expects to maintain its rapid growth in Africa this year and double its customer numbers to 1.5 million, its Chief Executive Brian Chesky and regional head told Reuters on Friday. South Africa, which was an early adopter of Airbnb, is the top-ranked country in Africa in terms of listings and visitors, who mainly come from the United States,...