Annual inflation in Kenya rose more than expected to 18.91 percent in October as food, electricity and fuel prices increased along with transport costs, but analysts said it was close to peaking.
While Kenya's sweeping military intervention into Somalia shares the Obama administration's goal of dismantling the Al-Qaeda affiliated militant group al-Shabab, the campaign also carries the risk of exacerbating instability in the notoriously fractured country.
A Somali aid worker seized by gunmen along with two Westerners in northern Somalia was being questioned by police about the kidnappings, the Danish Refugee Council said on Wednesday.
A Kenyan man pleaded guilty on Wednesday to a grenade attack on a Nairobi bus station and being a member of the Somali rebel group al Shabaab, which Kenyan forces are pursuing in a cross-border operation.
The Duke and Duchess of Cambridge plan to visit UNICEF's centre in Denmark for distributing food and medical supplies to East Africa coming Wednesday.
The Kenyan shilling slipped against the dollar on Tuesday, weighed on by offshore banks closing out dollar positions after the central bank issued new trading rules, while stock rose slightly on the back of banks' nine-months earnings.
Egypt's Citadel Capital plans to scale back investments outside its existing projects until the political and economic outlook becomes clearer, its chairman told Reuters.
Somali gunmen kidnapped three aid workers working for Danish Demining Group in northern Somalia on Tuesday, the humanitarian agency said, the second capture of Western aid agency staff working in the region this month.
A grenade attack on a bar in the center of Nairobi early Monday wounded 12 people, Kenyan police said, an incident that comes as Nairobi battles al-Qaida-linked militants in neighboring Somalia.
Kenya said Somalia's al Shabaab militants were on the run after it deployed more troops and struck rebel targets by air to secure its border from rebels Nairobi accuses of kidnapping foreigners on its soil.
Kenya's shilling gained slightly against the dollar on Friday as commercial banks and the central bank sold dollars, while stocks edged up.
Burundi is East Africa's most corrupt country for the second year in a row, with the region's police, revenue authorities and the judiciary rated as the worst offenders, a Transparency International (TI)survey showed on Friday.
The African force protecting Somalia's government acknowledged on Friday at least 10 of its troops had been killed in battle in Mogadishu and said the true toll could still climb, after rebels showed dozens of bodies.
Italian oil group Eni said on Thursday it had made a giant natural gas discovery off Mozambique, the biggest in its history, confirming expectations that East Africa is set to emerge as a major gas exporter after recent finds.
Cooperation between Somalia's al Qaeda linked militants and pirate gangs is growing as the al Shabaab group becomes more desperate for funding, the head of the U.N.'s counter-piracy unit said on Thursday.
Kenya must take care not to let its cross-border incursion into Somalia to secure its border from al Qaeda-linked militants turn into a drawn-out campaign, former United Nations secretary-general Kofi Annan said on Thursday.
Kenyan and Somali troops advanced on an Islamist-held town in southern Somalia on Thursday and African Union peacekeepers moved on one of the last pockets under militant control in the capital Mogadishu.
Kenyan officials visited Somalia today to attempt to calm fears after last week's incursion into Somalian territory.
Somali militants linked to al Qaeda prepared to defend a town in southern Somalia on Tuesday from advancing Kenyan and government troops, while a suicide car bomb killed six people in the capital during a visit by a Kenyan minister.
A Kenyan member of parliament said on Tuesday he would propose a bill to regulate banks' lending and deposit rates to stop their 'sheer exploitation' and to mobilise funds for economic activities.
Hundreds of al-Shabab fighters have amassed at a location where they believe Kenyan forces that crossed into.
The Kenyan shilling reversed earlier losses to close firmer against the dollar on Monday for the fourth straight session, helped by new limits on the amount of foreign exchange banks can hold, while stocks edged up on bets the recent sell-off was overdone.
