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Latest East Africa Economy News

  • Islamic Charity, Former Mich. Congressman Indicted for Terrorist Financing 13 May 2008 10:51 GMT
    ... and was formerly known as the Islamic African Relief Agency-USA. IARA was officially formed in ... Columbia, Mo., a naturalized U.S. citizen from Sudan, served as IARA's former executive director and ... terrorist, in violation of the International Emergency Economic Powers Act. New Charges Against Former Congressman ...

  • The rise of the new energy world order 13 May 2008 10:50 GMT
    ... once hugely abundant, making possible the worldwide economic expansion of the past six decades. This ... to oil-producing states like Angola, Nigeria and Sudan in Africa and, in the Caspian Sea basin, Azerbaijan, ...

  • India loads up presents for African safari 13 May 2008 10:34 GMT
    ... India loads up presents for African safari By Siddharth Srivastava NEW DELHI - Outbid ... offering mineral and hydrocarbon assets in exchange. Kenyan President Mwai Kibaki said at the summit: ... aggressive approach towards resource-rich countries such as Sudan, Angola and Congo, investing billions of dollars ...

  • The Indian elephant returns to Africa 13 May 2008 10:34 GMT
    ... Singh was unequivocal in his stance on Africa's resurgence. "India intends to be a partner ... Portuguese presence in Goa while the British East Africa protectorate, which comprised present-day Kenya and Uganda, was originally administered from Bombay ...

  • India learns its oil lessons 13 May 2008 10:34 GMT
    ... the same period, New Delhi's wooing of Africa's oil-rich nations moved into top gear as ... and gas to fuel its rapidly growing economy, with mixed results. It has suffered several ... oil and gas deals, losing bids in Sudan, Angola, Indonesia, Ecuador, Kazakhstan and Myanmar, often ...

  • A birthday present for Mubarak 13 May 2008 10:34 GMT
    ... a variety of reasons (much of it economic) in July 1952. In disbelief, Farouk watches ... of Mubarak for standing up for his African ally, President Ahmad al-Bashir of Sudan, claiming that no sanctions should be imposed ...

  • The Sins of British Airways 13 May 2008 10:32 GMT
    ... the journey, BA downgraded the ticket to economy class without recourse to the august Nigerian ... around with impunity. The airline cannot treat Kenyans or Ethiopians the way it treated Nigerians ... Nigerians on that day because the two African countries, though impoverished, boast of reputable airlines as ...

  • Mubadala launches real estate unit 13 May 2008 10:16 GMT
    ... (Mubadala), an Abu Dhabi-based business development and investment company, has launched a real estate and ... unit. "As Abu Dhabi grows and the economy diversifies, the emirate’s real estate and hospitality ... and Viceroy – in the Middle East, Africa and Indian Ocean region. The KOR Hotel ...

  • World Bank says Africa is fertile for investment 13 May 2008 10:15 GMT
    ... World Bank says Africa is fertile for investment World Bank Managing Director and ... defies the notion that Africa is an economic wasteland and assured her audience of international ... spite of the risks involved. Last month, Kenya offered 25 percent of mobile phone operator Safaricom ...

  • Govt yet to decide on production of biofuel 13 May 2008 10:15 GMT
    ... of agriculture and food industry innovation in Africa. He said the government would make its decision public ... rural energy and physical environment``. He said Tanzania was in great need of education for ... the World Bank Country Director for Tanzania, Kenya and Burundi, meanwhile said increasing world food ...

  • Blackboard Releases Report on Globalisation & Higher Education 13 May 2008 10:15 GMT
    ... to more effectively meet new political and economic needs. The report suggests that as higher ... demand across the globe has far outstripped investments in higher education. From 1990 through 2002 ... from across Europe, the Middle East and Africa gathered to share ideas on best practices ...

  • More than 70mn Africans now connect to GSM networks 13 May 2008 09:30 GMT
    ... More than 70mn Africans now connect to GSM networks India Infoline ... opportunity to realise the substantial social and economic benefits of mobile communications,” said Tom Phillips, ... alone, our capital expenditure additions in our Tanzania, Democratic Republic of Congo, Mozambique and Lesotho ...

  • BRIEFING - ASIA ENERGY - MAY 13, 2008 13 May 2008 08:52 GMT
    ... AEST. AUSTRALIA'S BEACH PETROLEUM SET TO ENTER AFRICA PERTH - Beach Petroleum Ltd (ASX:BPT) is ... granted exclusive rights to negotiate with the Tanzanian government to explore the southern half of ... TONS IN 2008 BEIJING - China's rapid economic growth has stimulated demand for coke, which ...

  • No end to poverty 13 May 2008 08:49 GMT
    ... TOO LITTLE: Africa achieved six percent growth, but eight percent ... people living in poverty by 2015.  Africa’s economy is steadily growing, but not enough The ... eight years, followed by other oil producers Sudan, Libya and Egypt. While the oil producing ...

  • MPs Root for More Geologists 13 May 2008 08:16 GMT
    ... UGANDA needs to train more geoscientists to fully ... the committees on natural resources and national economy made the appeal while touring six mines ... sustainable management of mineral resources. They toured African mineral fields in Kiyoola, Mukono, Roriama mining company ...

  • Sudan security criticized over failure to stop rebels from reaching capital 13 May 2008 07:54 GMT
    ... Sudan security criticized over failure to stop rebels from ... a reputation as the safest city in Africa. Some residents of Khartoum speaking to Sudan ... have a negative impact on the booming economy saying it may scare some investors away. ...

  • No end to poverty   13 May 2008 07:37 GMT
    ... TOO LITTLE: Africa achieved six percent growth, but eight percent ... people living in poverty by 2015.  Africa’s economy is steadily growing, but not enough The ... eight years, followed by other oil producers Sudan, Libya and Egypt. While the oil producing ...

  • Seventy million more Africans now connected to GSM networks 13 May 2008 07:36 GMT
    ... subsidiary 'Telecel Globe' which will reinvest in Africa's smaller countries. Telecel Globe will be fully ... alone, our capital expenditure additions in our Tanzania, Democratic Republic of Congo, Mozambique and Lesotho ... sub-Saharan Africa will also have a positive economic and social impact,” said Dr. Saad Al ...

  • 05-13-08 EUR ALL ON ONE PAGE... 13 May 2008 07:25 GMT
    ... Anjanetta Fox is of both Native and African-American heritage. After graduating from Arlington High School ... having a soul. In America, both the economic and political systems are purely consumer oriented. ... That’s unacceptable. I know Obama’s father was Kenyan, his mother was a white woman and ...

  • Experts call for sustainable tourism development at heritage sites 13 May 2008 06:52 GMT
    ... aware tourism can bring enormous opportunities for employment, economic and social development, World Tourism Organization deputy secretary-general ... recent years in the Asia-Pacific, Middle East, Africa and Central and South America. But booming ...


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