Somalia said it was reviewing several oil and gas deals that U.N. investigators say lack transparency and risk hindering development of the country's energy industry.
Zambia plans to export 850,000 tonnes of maize to neigbouring countries after producing its bigggest harvest on record.
Kenya Power reported a 55 percent jump in its full-year pre-tax profits to 10.2 billion shillings driven by increased sales of electricity, higher tariffs and reduced loses due to improvements in the power grid.
Airtel has partnered with the Kenya Revenue Authority (KRA) to offer Kenyans an opportunity to pay their taxes through Airtel Money.
Kenya Airports Authority and Dufry have signed a Concession Agreement for development and management of Duty Free Retail Services under a Single Master License at Jomo Kenyatta International Airport (JKIA).
21 October 2014, 13:03
The International Monetary Fund (IMF) has warned African countries against rushing to issue Eurobonds, saying they may face exchange rate risks and problems repaying debts.
20 October 2014, 18:12
Taipan Resources, the multinational firm, announced an increase in prospective resources on Block 1 Kenya.
18 October 2014, 09:47
Africa's under used gas reserves, either exported or burnt away into the sky, are set to play a big role in stemming the continent's crippling electricity void, a shift that should boost economies and small-cap energy firms.
17 October 2014, 08:24
Kenya is currently in discussions with the European Union (EU) in order to get a refund on duties paid for the country's exports to the EU since Oct. 1.
16 October 2014, 13:02
Kenya, Uganda and Rwanda are in the final stages of deciding on a consultant to oversee building a pipeline to pump the region's new oil bonanza to the coast for export.
16 October 2014, 10:03
Airtel has launched a mentorship program for Mukuru Promotion Centre, St. Bakhita Primary School in Nairobi.
15 October 2014, 08:20
The government said talks between the East African Community (EAC) and the European Union on the new Economic Partnership Agreements (EPAs) have been concluded and the deal has been signed.
15 October 2014, 07:07
The Energy Regulatory Commission said it was cutting the retail prices of diesel, petrol and kerosene to reflect lower import costs, in a move likely to ease inflationary pressures.
14 October 2014, 11:17
Bharti Airtel has announced a reduction of call rates by 60% and free incoming calls for Airtel Kenya’s postpaid and prepaid customers roaming to Rwanda.
14 October 2014, 08:35
A seven percent surge in KenGen lifted Kenyan shares as the country's main electricity producer added more geothermal power to the national grid, while the shilling currency held steady.
13 October 2014, 18:23
Kenya's economy has accelerated in the second quarter thanks to fast growth in construction, manufacturing and financial services, which offset a slump in tourism.
13 October 2014, 12:47
Central Bank of Kenya stepped into the market to mop up 15 billion shillings(168.35 million US dollar) using repurchase agreements (repo) and term auction deposits.
13 October 2014, 07:11
Tullow Oil said talks to resolve "limited industrial action" at sites in northern Kenya had been successfully concluded and the staff affected were returning to work.
10 October 2014, 08:32
The government has called on more Chinese investors to set up their business in the country.
09 October 2014, 12:31
There was joy at the Immanuel Afrika (I-Afrika) organization as Airtel Kenya commissioned a biogas plant at the institution.
09 October 2014, 10:19
The Communication Authority of Kenya (CAK) said Wednesday it had given preliminary approval to a joint bid by Safaricom and Airtel for the mobile assets of Essar Kenya and the final nod could be given next month.
09 October 2014, 08:11
Kenya, Uganda and Rwanda have slashed the costs of making mobile phone calls across their borders by more than 60 percent.
08 October 2014, 12:44
The government has established a special fund to support development of local content and revitalize the creative industry, officials said.