A reignited civil war after the Southern Sudan referendum on independence could cost the International community and the country at least $100 billion, a think-thank report said. The January 9 vote is likely to go in the favor of the oil-rich South Sudan's demand of secession from the North. Tensions have been escalating in the region with reports of a fresh wave of attacks led by the government troops on South Sudan regions.
In what looks like a setback for the Obama administration in matter of trial of terrorism suspects in civil court, the first suspect transferred from Guantanamo military prison to face a U.S. civilian trial was found not guilty by a Manhattan federal court jury on all but one charge in the 1998 African embassy bombings.
Kenya expects boom in tourism - thanks to the ‘royal couple’ of Prince William and Kate Middleton who recently got engaged in the African country.
One of the greatest challenges facing the developing world lies with their limited access to quality healthcare, a situation that threatens to jeopardize or undermine economic growth in these nations.
A record 1.2 million people in low and middle income countries started antiretroviral therapy for HIV/AIDs in 2009, the World Health Organization said on Tuesday, but targets set for 2010 are unlikely to be met.
Cheered by hundreds of thousands of jubilant Kenyans waving national flags, President Mwai Kibaki signed a new constitution on Friday that curbs his sweeping powers and strengthens civic rights.
A team of American scientists are close to developing a vaccine that can cure stress to prevent it from causing illnesses such as diabetes and heart attack.
Robert Sapolsky, professor of neuroscience at Stanford University and leader of the research team, alled the potential vaccine Sapolsky Shot which he said can alter brain chemistry to create “focused calm.”
In his research on the damage cause...
Although the Ugandan government can boost the security of its fledgling oil industry from future terrorist attacks that may scare away certain investors, Africa analysts doubt violence replicating the twin bombs that struck during the World Cup final is likely.
With open interest in cardamom futures surging, rumors of a ban on the contract also started circulating until Forward Markets Commission clarified that there would be no ban on cardamom futures.
When Kenyan graduate Roy Wachira, 25, set out to start his first business, he turned to the Internet, whose growth in the east African nation is spawning opportunities unthinkable even a year ago.
Josephine Jimenez has a chunk of money to invest and she is hunting for opportunities in the usual places -- Zimbabwe, Tunisia, Sri Lanka, among others. Jimenez is a specialist in so-called frontier markets. She stacked up a million air miles long ago.
East African Community, a five-nation trade bloc that aims to have a monetary union in 2012, said on Monday that problems in the euro area will serve as a lesson but will not discourage its move to a single currency. East African Community (EAC) comprises Uganda, Kenya, Tanzania, Uganda and Burundi. It already has a customs union, and a common market is due to take effect in July. After the monetary union, it eventually aims to have a political federation.
For actor Edward Norton, philanthropy and activism are practically in his genes so launching a website on Wednesday to encourage charity fundraising seemed natural to him.
After the US launched its first palladium ETF recently, it is the turn of South Africa now South African stock exchange operator, JSE, will launch a platinum ETF soon. It is also looking to list an Africa ETF in South Africa, with blue-chip companies.
Uganda's third gold refinery named Victoria Gold Star started operations with a capacity to refine 60kg of gold daily. The refinery, built with the help of Russian investors at a cost of around $1.5million, was located at Fifth Industrial area in country's capital Kampala.
A dynamic model was used to make coffee projections. It covers the major exporting and importing countries of green coffee. Supply, demand and stock functions were estimated for each of the major exporting and importing countries. The model performs dynamic simulation forward in time and generates forecasts on the basis of assumptions for the future behaviour of GDP, consumer price indices and exchange rates.
Leading Kenyan mobile phone operator Safaricom plans to move to an Internet protocol network in the next two years to help lower costs and reduce outages, its chief executive said on Wednesday.
(Reuters) - The World Health Organization conceded shortcomings on Monday in its handling of the H1N1 swine flu pandemic, including a failure to communicate uncertainties about the new virus as it swept around the globe.
Amid looming fuel shortages, Uganda on Tuesday announced fresh plans to sell the Jinja Oil Reserves. In a statement, Uganda's energy ministry said the government does not have the money to maintain the reserves. This will not be the first time that the country's oil reserves are being put up for sale. The earlier deal that was awarded to Libya's Tamoil to manage the reserves was cancelled by the government following procurement irregularities.
If you are looking for a top-notch degree, here are the most prestigious and rewarding ones from around the world.
About a year ago, Muqtar Ali's brother was shot dead by gunmen in the busy Bakara market of Somalia's capital Mogadishu, and his $200 in cash was stolen.
Kenya's only ski racer, Philip Boit, is back home without participating in his planned last Winter Olympics after falling ill in the United States.
