NAIROBI, Jan 30 (Reuters) - Kenya's Uchumi Supermarkets plans to open a dozen new branches across east Africa this year to capture the growing number of middle class spenders in the region, its chief executive officer said on Friday.
MOMBASA, Kenya, Jan 16 (Reuters) - Kenya signed a $270 million loan deal with Japan on Friday to help expand capacity at Mombasa port, a busy facility that is the main trade gateway to east Africa .
MAPUTO, Jan 15 (Reuters) - Filipe Nyusi was sworn in as Mozambique's new president on Thursday following his contested election victory last October, promising to modernise the economy and maintain peace in the east African state.
NAIROBI, Jan 15 (Reuters) - The Kenyan, Ugandan and Tanzanian shillings are expected to lose ground in the next week after hitting multi-year lows, due to increased importer demand and a generally stronger dollar globally, traders said.
DAR ES SALAAM, Dec 17 (Reuters) - Tanzania's attorney general resigned late on Tuesday, becoming the first political casualty in an energy corruption scandal in the east African country that has led Western donors to delay aid and weakened the currency.
holdings in the region are designed to give the fund exposure to consumers. Among the fund’s top holdings are Mtn Group and East African Breweries in Kenya. Geritz and her team, though, spend considerable time traveling to lesser-known areas. An example of that
MOMBASA Kenya (Reuters) - Kenya's police have asked Interpol to issue a wanted persons alert for a businessman accused of illegal trafficking in ivory and other game trophies in east Africa .
ZURICH, Oct 8 (Reuters) - Switzerland's Swiss Re expanded its pool of investments in Africa with a minority stake in Kenya-based insurance group Apollo Investments Limited, a spokeswoman for the...
further leverage for acquisitions, tuck-in acquisitions (similar to the recently announced deal to acquire a 40% stake in East African dairy product firm Brookside) of strong local brands in growth markets would be the best use of cash, from our perspective
the 3-D seismic of this basin leads it to believe this could be the most prospective undrilled basin in its portfolio of East African acreage. Beyond Shimela-1, near-term well results in Kenya (Ekunyuk-1) and Norway (Butch East and Gotama) are