DAR ES SALAAM, April 16 (Reuters) - The European Union has released 53.26 million euros ($56.7 million) in aid to Tanzania as part of a budget support package that had been suspended over corruption allegations in the east African nation.
NAIROBI, April 7 (Reuters) - Kenya's East Africa Breweries Ltd (EABL) said on Tuesday the first tranche of medium-term note it issued in March to raise 5 billion shillings ($54 million) was oversubscribed, attracting 9.05 billion shillings in bids.
NAIROBI, March 28 (Reuters) - Kenya's government said on Saturday it was "shocked and concerned" over the latest travel warnings issued by Britain and others and said security conditions in the east African country were improving.
state-run telecoms monopoly has launched a fourth generation (4G) mobile service in the capital Addis Ababa, aiming to catch up with the high-speed communications available in some east African neighbours such as Kenya and Uganda.
NAIROBI, March 21 (Reuters) - Somalia's corruption watchdog will soon publish a report showing financial irregularities in most government ministries, the auditor general said, findings likely to strain relations with donors helping to rebuild the east African country.
DAR ES SALAAM, March 20 (Reuters) - Tigo Tanzania, part of Sweden's telecom group Millicom International Cellular , said on Friday it plans to spend $120 million this year to expand its network in the east African nation.
DAR ES SALAAM (Reuters) - Tanzania will receive a total of $380 million in loans from India to finance two major water projects in the east African nation, the president's office said on Tuesday.
SHARM EL SHEIKH, Egypt (Reuters) - PepsiCo will invest $500 million in Egypt this year to expand production, its business unit manager for North East Africa said on Saturday.
ROME (Thomson Reuters Foundation) - Converting wilderness areas into farmland in East Africa may be increasing the risk of disease epidemics, as rodents crawling with plague-carrying fleas are drawn to the harvested food.
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