NewsEast & Horn Africa

Fri,17Aug2018

East & Horn Africa

Coca-Cola Co's Africa distributor to invest $100 mln in Kenya over next 5 years

A kiosk is seen on a street corner in Nairobi, Monday, May 28, 2007. On thousands of street corners across Africa, tiny wooden kiosks peddle everything from mobile phone cards to glass bottles of Coca-Cola. Photo: SAYYID AZIM/AP/SIPACoca-Cola Beverages Africa (CCBA), the continent’s largest soft drinks bottler, said on Wednesday it would invest $100 million in Kenya over the next five years to improve infrastructure and launch new products.

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Uganda’s liberal yet unfair economy - Joseph Burite, East Africa correspondent

 

unnamedJoseph Burite, our East Africa correspondent, gives his opinion on  Uganda's economy

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Kenya finance bill would emasculate central bank -bank governor

Kenya's President Uhuru Kenyatta, center, attends a ceremony to mark Jamhuri (Republic) Day at Kasarani stadium on the outskirts of Nairobi, Kenya, Tuesday, Dec. 12, 2017. Photo: Brian Inganga/AP/SIPAKenya's central bank will be emasculated if a draft bill that aims to regulate the conduct of financial institutions becomes law, bank Governor Patrick Njoroge said on Tuesday.

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Kenya: Ruto’s path to 2022

 
 

Ben CurtisAP/SIPAKenyatta’s deputy has topped a poll on who will  be the next president. But within his party there  are signs his succession pact may be challenged

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Uganda power distributor Umeme to spend $1.2 bln to expand grid

 The new Kiira Dam, left, runs in parallel with Nalubaale Dam in Jinja, Uganda, Nov. 2, 2006. The two dams help generate electricity for Uganda, using water flowing from Lake Victoria, but they have been blamed by some people for the receding water levels in the lake. (AP Photo/Kirsty Wigglesworth)/WARMER_WORLD_AFRICAN_LAKES_NY457/HFR 12-10-06. ADVANCE FOR SUNDAY, DEC. 10/0612042155 Auteurs  : KIRSTY WIGGLESWORTH/AP/SIPAUgandan power distributor Umeme Ltd plans to spend $1.2 billion in the next seven years to revamp and expand the grid and has hired an adviser to explore options for raising the money, the company's chief executive said on Wednesday.

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ICBC targets Chinese visitors to Kenya with new credit card

AP photosThe Industrial and Commercial Bank of China (ICBC) has launched a credit card in partnership with Kenya's Stanbic Bank to tap a growing pool of Chinese tourists visiting the East African nation.

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