Kenya govt denounces genocide as toll hits 300
President Mwai Kibaki's government accused rival Raila Odinga's party of unleashing genocide in Kenya on Wednesday as the death toll from tribal violence over a disputed election passed 300.
Kenya deaths seen at 250
A mob torched a Kenyan church on Tuesday, killing villagers cowering inside, as the death toll from ethnic riots triggered by President Mwai Kibaki's disputed re-election soared to nearly 200.
Reliance sets aside $27 billion for acquisitions, gas explorations
Reliance Industries (RIL), India's most valuable firm in terms of market capitalisation and owner of world's third largest refinery, will be setting aside up to $15 billion for making world-scale acquisitions in the energy sector besides investing more than $12 billion for development of gas exploration off the country's east coast.
Ericsson to launch telecommunication strategy in Africa
The German telecommunications supplier Ericsson has announced its participation in the Millennium village project to provide connectivity in Africa especially in rural areas.
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Growing pains dim India's outsourcing edge
Indian outsourcing companies are shifting some of their operations to China, the Philippines, Vietnam and Kenya in a bid to stay competitive as higher wages, expensive property prices and a rising rupee eat into profits.
Be a banker online, starting with $25 loans
Fueled by last year's Nobel Prize for a man nicknamed banker to the poor, microlending to small businesses in the world's poorest countries is booming as individuals discover they can be their own mini World Bank.c
Africa wages war on scourge of plastic bags
They've become as much a symbol of Africa's landscape as the stereotypical lions and plains
Feisty woman challenges Kenya's male culture
In a continent where men still dominate, Esther Passaris is an anomaly impossible to ignore -- and anyone who tries is likely to get an earful.
African Trade Group Comesa to End Non-Tariff Barriers
The Common Market for Eastern and Southern Africa, or Comesa, agreed to eliminate non-tariff barriers and end conflicts that weaken trade within the 21-member grouping, a statement issued at the close of a two-day summit of member countries said Monday.
Environment Ministers to Review Kyoto in 2008
Environment ministers from over 180 nations gathered on Friday in Nairobi to mark the end of a two-week UN climate summit. Delegates agreed to review the Kyoto Protocol in 2008 in order to expand the fight against global warming beyond 2012.
Kenya Airways Postpones Brazzaville Route Launch
Kenya Airways will not launch scheduled flights to Congo Brazzaville tomorrow as earlier announced.Unresolved issues in negotiations on air traffic rights forced the last-minute cancellation.
Kenyan says Nobel prize has helped environment
Kenyan Nobel Laureate Wangari Maathai said late on Saturday that her 2004 peace prize has helped to change the world's view on the environment.
Japan's Olympic Commission Appoints Director
The Japanese Olympic Commission (JOC) will appoint Tokyo Governor Shintaro Ishihara as the director-general of Tokyo Olympic Bidding Committee for the 2016 Summer Games, the commission said on Friday.
World Bank graft fight stirs debate on Africa aid
President Mobutu Sese Seko was said to have sipped pink champagne daily, hired Concorde to fly his family to New York to shop and bought numerous friends in high places, much of it with the help of foreign aid.
East Africa Aim to Boost Intra-trade
The East African Community member states and Rwanda have sought a loan from World Bank, under which the regional revenue authorities have designed sophisticated methods to boost revenue.
Tanga Cement Hit By Rationing, Cheap Imports
Tanga Cement Company, says its future expansion will be expensive because of the extended power rationing and growing competition from imports from Uganda and Kenya.
China, India to Boost Africa's Economy
Africa'S deepening engagement with Asia's two economic giants-China and India-holds enormous potential for economic growth in Africa, according to a new report by the World Bank, released September 9.
Ministers endorse World Bank anti corruption plan
Finance ministers on Monday endorsed a controversial new World Bank strategy for tackling corruption in developing countries
Indian Firms Interested in Kenyan Telecoms
The Kenyan government has said that two Indian telecommunications firms had shown interest in bidding for the second national telecom operator (SNO) licence.
Africa Must Develop Rural Towns to Ease Big Cities
Africa must develop its rural towns and give local authorities more power in order to ease a strain on cities which are creaking under heavy growth, officials and international planners said on Monday.
Kenyan coffee farmers ignorant of new export system
Growing coffee for 20 years has not lifted 60-year-old Maina Kimondo from poverty.So fine talk of a new marketing system that could boost earnings fails to raise a spark in his eye.
Finance ministers back World Bank plan
Finance ministers on Monday backed a controversial new World Bank strategy for tackling corruption in developing countries but insisted on overseeing how it is implemented
Tokyo Ranks First in Purchasing Power Survey
Tokyo residents have the highest purchasing power in the world, overriding residents in Los Angeles, London, New York and Sydney, according to a new survey released on Wednesday by Swiss banking giant UBS.
Kenyan port eyes S. Sudan, Ethiopia cargo
Kenya's main port is targeting cargo for reconstruction of southern Sudan to expand its business, and the government is planning a second port to serve northern neighbors like Ethiopia, an official said on Tuesday.
Kenyan Govt. Blocks Shell Takeover of Local BP
Kenya has annulled an agreement by Royal Dutch Shell to buy BP's 50 percent stake in their oil products marketing joint ventures in the east African nation, Shell said on Saturday.
Kenya's Turkana learns from failed fish project
Teach a Kenyan cattle herder how to fish and you'll feed him for life. That was at least what Norway's development agency believed in the 1980s, when it built a fish-processing factory now abandoned and decaying on the shores of Lake Turkana in northwestern Kenya.
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