Kenya taps development banks for airport expansion after ditching Adani dealKenya is seeking $2 billion in international development loans to expand Nairobi's Jomo Kenyatta International Airport, including a second ...
Airtel Uganda doubles bonus shares ahead of IPO closeThe firm launched its share sale on Aug. 29 and set the share price at 100 Ugandan shillings. It had initially announced bonus shares of va...
Sunil Mittal’s Airtel plans Uganda’s biggest IPOThe company priced its IPO at 100 shillings apiece valuing the nation’s second-biggest telecommunications carrier at 4 trillion shillings. ...
Kenya denies defaulting on China railway debtThe $5 billion project, financed 90 percent by China, replaced the so-called "Lunatic Express" -- a line built more than a century ago by c...
Britannia acquires controlling stake in Kenya's Kenafric BiscuitsThe cost of acquisition was Kenyan Shillings (KES) 13.87 crore (Rs 9.2 crore), it added.
Rare 17th-century one shilling coin expected to fetch $300,000 at auctionThe coin made in Boston in 1652 was found in the UK inside a candy tin containing hundreds of older coins.
China keeps key Eastern African state of Kenya on tenterhooksThe Kenyan Treasury says it decided not to seek an extension of the debt relief beyond June 2021 and claimed that Kenya was fully paying th...
'Coronavirus hairstyle': Affordable, trendy and creates awareness in East AfricaIt costs about 50 U.S. cents to get the braids, while the average hairdo costs $3 to $5.
For timely Brexit bong, just ask big be(he)nBecause many Britons may have been befuddled by Boris’ appeal for a bob.
Deepak Parekh, Chairman, HDFC started 'budgeting' early in lifeDeepak Parekh on his time as a student in London, a birthday his friends won’t let him forget and his experiments with food.
- Kenyan officials "embezzled money meant for Rio team" - govt report
OLYMPICS-KENYA:Kenyan officials "embezzled money meant for Rio team" - govt report
- Olympics-Kenyan officials "embezzled money meant for Rio team" - govt report
OLYMPICS-KENYA/:Olympics-Kenyan officials "embezzled money meant for Rio team" - govt report
Green bond issuance to top $50 billion in 2016: Moody'sThe $42.4 billion green bond issuance in 2015 was also the highest level since such bonds first appeared in 2007.
India to lead green bond market in Asia: Moody's"We expect India, along with China, to be a prominent driver of regional issuance in coming years, " Shilling said.
World's oldest message in a bottle found in GermanyA message in a bottle washed up on a beach in Germany more than 108 years after it was thrown into the sea. It is believed to be the world'...
- Kenya needs one billion dollars to address food crisis
Kenya needs 72 billion shillings (1.1 billion dollars or 708 million euros) in emergency funding to counter a food crisis that has helped d...
- Kenya tourism sector seeks $15 mn for recovery
Kenya's tourism sector, battered by three weeks of political unrest, has requested one billion shillings (13.6 million dollars / 9.3 millio...