News East & Horn Africa

Thu,30Jul2015

East & Horn Africa

Art In a sinking city, Africa shines

Clockwise: Wangechi Mutu; Sammy Baloji in front of The Other Memorial; Okwui Enwezor Not without controversy, Okwui Enwezor's Venice Biennale has focused the art world on African talent and challenges artists to "speak their truth".

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Kenya Airways says tourism slump may have bottomed out

Photo©ReutersKenya Airways sunk deeper into the red in the year through March, sending its shares plummeting on Thursday, but CEO Mbuvi Ngunze said the tourism slump that sparked the losses may have bottomed out.

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African Development Bank: New leadership, same direction

Adesina, the bow-tied bureaucrat who’s tough on wealth inequality. Photos©Renaud Vandermeeren / Vincent Fournier for JAThe Bank chose Akinwumi Adesina as its new president in May. The Nigerian says his priorities are infrastructure, private-sector lending and inclusive growth.

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Tourism slump deepens Kenya Airways pretax losses

Photo©ReutersKenya Airways said on Thursday its pretax loss for the year to March widened to 29.71 billion shillings ($293 million) from 4.86 billion shillings after a slump in Kenyan tourism and losses from hedging after oil prices fell.

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Uganda passes tough anti-smoking law

Photo©ReutersUganda's parliament on Tuesday passed a tough anti-smoking law, threatening smokers with arrest and imprisonment.

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Kenya: A quarter of state budget unaccounted for

Photo©ReutersAbout a quarter of Kenya's 1.6 trillion shilling ($16 billion) budget cannot be adequately accounted for, the country's auditor general said, days after U.S. President Barack Obama urged the country to do more to stop graft.

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