KENYA

Kenya Power eyes bond after $121 million cash call

Kenya Power, the country's sole power distributor, will lean on soft financing and may turn to the bond market, its chief executive said after unveiling results of a 9.5 billion shillings cash call.

Wikipedia stays ad-free; turns 10 on Jan. 15

The new year celebrations is over, but the ceremony is not over for Wikipedia which is turning 10 on Jan. 15. Added to this Wikipedia have raised $16 million, allowing the service to remain ad-free for another year.
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Ivory Coast's heading towards a fresh Civil war

Gbagbo's men call for battle with opposition in Cote d'Ivoire

Cote d'Ivoire's incumbent President, Laurent Gbagbo's aides have called upon their followers to prepare for a battle against the opposing Alassane Ouattara faction. The country seems to be on the brink of civil war as neither of the both groups refused to stand down.
ICC names Kenya suspects

ICC names Kenya chaos 'suspects'

The prosecutor at the International Criminal Court (ICC) has named six high-profile Kenyans including senior politicians and a former police chief who were suspected to be behind the violence that followed the disputed 2007 elections. Close to 1,200 people lost their lives while over 650,000 were displaced in the riots. Kenyan police are on high alert after the announcement which observers say could spark renewed clashes in the region.
Fort Meade, Maryland.

Birther faces court martial

The court martial of Lt. Col. Terrence Lakin, who disobeyed orders because he believes Barack Obama is not the legal President of the United States, begins today at Fort Meade in Maryland.
Ivory Coast Polls

Leaders unwilling to concede defeat hinder Africa's path to democracy

Burning tyres, rebel checkpoints, an angry mob and a placard that reads, Gbagbo thief... The West African state of Ivory Coast seems to be rapidly descending into a state of crisis. Acknowledged as the most expensive polls in Africa, the recent run-off was aimed at unifying the country which suffered bitter divisions and wrath of an armed uprising in 2002. But instead, they bared the discrepancy within the nation's population.
Wikileaks founder Julian Assange holds up a copy of a newspaper during a press conference .

The many facets of Julian Assange, the peddler of caustic secrets

Whistle-blower-turned fugitive Julian Assange stayed off the hot trails of the Interpol on Friday to do a live chat on The Guardian; and he was reportedly flooded with messages brimming over with admiration, fulsome praise and offers of donations and other help.
Prince William gifts Kate Diana’s 18-ct engagement ring.

Prince William gifts his mother Diana’s ring to Kate

Following the announcement of the royal engagement of Prince William and Kate Middleton, Clarence House confirmed in a brief statement that the Prince has gifted Kate his mother's 18-carat sapphire and diamond engagement ring.
Larnaca beach in Cyprus

Cyprus tops honeymoon destinations of 2010

According to a study conducted recently, the coastal city of Paphos on Cyprus Island in the Mediterranean has topped the list of most preferred honeymoon destinations this year.
Civil war in Sudan could cost $100 bn

A reignited civil war in Sudan could cost $100 bn : Report

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.
Ahmed Khalfan Ghailani, a Tanzanian held at the U.S. naval base in Cuba since 2006 accused of involvement in the bombing of U.S. embassies in Africa, is depicted in this courtroom sketch of his arraignment, in New York, June 9, 2009

Ghailani acquitted of 284 of 285 terrorism charges by U.S. jury

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.
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AIDS treatment up in 2009; 2010 targets in doubt: WHO

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.
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Jubilant Kenyans usher in new constitution

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.
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U.S. scientists close to developing anti-stress vaccine

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...
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Commodity Trends: No ban on cardamom futures

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.
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Broadband spurs new businesses and ideas in Kenya

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.
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Special Report: Planes, trains and frontier markets

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.
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East Africa's monetary goal undaunted by euro woes

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.

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