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  1. UPDATE 1-AFRICA FX- East Africa currencies seen stable, naira could strengthen

    Headlines

    Thu, 31 Jul 2014

    JOHANNESBURG, July 31 (Reuters) - East African currencies are likely to hold largely steady against the dollar next week, but the Nigerian naira could gain as energy companies offload dollars and foreign investors buy local debt.

  2. WEEKAHEAD-AFRICA FX- East Africa currencies seen stable, naira could strengthen

    Headlines

    Thu, 31 Jul 2014

    JOHANNESBURG, July 31 (Reuters) - East African currencies are likely to hold largely steady against the dollar next week, but the Nigerian naira could gain as energy companies offload dollars and foreign investors buy local debt.

  3. Ugandan shilling gains as aid resumption triggers interbank sell-off

    Headlines

    Wed, 30 Jul 2014

    KAMPALA, July 30 (Reuters) - The Ugandan shilling firmed on Wednesday, buoyed by an interbank dollar sell-off amid expectations of a surge in future inflows after Sweden resumed full aid payments to the east African country.

  4. Kenya's KCB to offer Islamic banking in all its branches

    Headlines

    Sun, 27 Jul 2014

    July 28 (Reuters) - Kenya's KCB Bank, the country's largest lender by assets, plans to offer Islamic banking products through its entire branch network, accelerating the expansion of sharia-compliant banking in east Africa 's biggest economy.

  5. CORRECTED-Kenyan private equity house Ascent raises $50 mln

    Headlines

    Wed, 23 Jul 2014

    NAIROBI, July 23 (Reuters) - Ascent, a Kenyan private equity firm, has raised $50 million for investment in about a dozen fast-growing companies across the east Africa region, it said on Wednesday.

  6. East African Cables' pretax profit edges up in first half

    Headlines

    Wed, 16 Jul 2014

    NAIROBI, July 16 (Reuters) - East African Cables said on Wednesday its pretax profit inched up by 2 percent to 326.5 million shillings ($3.72 million) on the back of higher sales.

  7. UPDATE 1-Kenyan shilling weakens, stocks close higher

    Headlines

    Tue, 1 Jul 2014

    Reuters) - The Kenyan shilling weakened on Tuesday, undermined by importer demand for dollars, amid concerns that the east African country's foreign exchange earners were flagging, while stocks rose, boosted by financial sector stocks. At the 1300

  8. China financing Burundi's switch to digital -regulator

    Headlines

    Fri, 27 Jun 2014

    BUJUMBURA, June 27 (Reuters) - China is financing a $40 million project to help Burundi switch to digital broadcasting from analogue by June 2015, according to the small east African nation's telecom regulator.

  9. WEEKAHEAD-AFRICA-FX-Cedi may test lows, tax season to support E.Africa currencies

    Headlines

    Thu, 26 Jun 2014

    ACCRA, June 26 (Reuters) - Ghana's cedi may keep testing new lows next week, while tax season in Tanzania and Uganda should lend support to the east African currencies.

  10. UPDATE 1-World Bank cuts Kenya growth forecast for 2014

    Headlines

    Thu, 26 Jun 2014

    NAIROBI, June 26 (Reuters) - Kenya will grow slower than expected in 2014, the World Bank said on Thursday, citing poor rains and growing insecurity in east Africa 's biggest economy.

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