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East Africa

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  1. EU resumes budget support to Tanzania, releases aid funding


    Thu, 16 Apr 2015

    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.

  2. Kenya's EABL says $54 mln medium-term note oversubscribed


    Tue, 7 Apr 2015

    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.

  3. Kenya hits out at Britain's tougher travel warning


    Sat, 28 Mar 2015

    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.

  4. Ethiopia launches 4G mobile service in the capital


    Sat, 21 Mar 2015

    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.

  5. Somalia auditor general's report to detail corruption in ministries


    Sat, 21 Mar 2015

    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.

  6. Tigo says to spend $120 mln this year in Tanzania telecoms expansion


    Fri, 20 Mar 2015

    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.

  7. Tanzania to get $380 million loans from India for water projects


    Tue, 17 Mar 2015

    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.

  8. PepsiCo to invest $500 million in Egypt this year


    Sat, 14 Mar 2015

    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.

  9. Africa's expanding farms attract more plague-infested rats


    Mon, 23 Feb 2015

    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.

  10. Africa Comes Into View


    Sun, 14 Dec 2014

    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

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