Kenya oil production on course after agreement on revenue share

NAIROBI (Reuters) – Kenya will start the small scale export of crude oil from its fields in the far northern county of Turkana in June after an agreement on how to share the revenue, averting delays, the presidency said on Saturday. Tullow Oil and its partner Africa Oil discovered commercial reserves in the Lokichar basin in 2012. Total has since More...

by admin | Published 1 year ago
By admin On Friday, March 9th, 2018

Hope for Kenya as Uhuru Kenyatta & Raila Odinga agree to dialogue

Nairobi Star In a rare show of unity on Friday, President Uhuru Kenyatta and Opposition leader Raila Odinga told Kenyans they had set their differences aside and would work to unite the public. The two met at Harambee More...

By admin On Friday, March 2nd, 2018

African SMEs Set to Benefit from USD 74M Guarantee

The African Guarantee Fund for Small and Medium-Sized Enterprises (AGF) ( has today entered into a re- guarantee transaction of an amount of up to USD 74 million with GuarantCo (, More...

By admin On Thursday, February 15th, 2018

Ethiopia’s Prime Minister Resigns to pave way for reform

AGENCIES Ethiopia’s prime minister says he has submitted his resignation as both prime minister and the chairman of the ruling coalition. Hailemariam Desalegn’s announcement comes amid a political crisis More...

By admin On Tuesday, February 13th, 2018

We had a dream… 53 years on all we have are memories

East African You can’t deny it. Despite a few bright spots last year, the East African Project is in trouble. In Arusha, we have an East African Community (EAC) secretariat grappling with one of its most difficult More...

By admin On Wednesday, February 7th, 2018

Young African women turn to coding

More women techies could help close income inequality gap By Fatimatou Sene  At Kwame Nkrumah University of Science and Technology, Angela Koranteng was an accomplished student with a special dream. At a time More...

By admin On Monday, January 29th, 2018

Kenya announces Eurobond Roadshows

Kenya plans to hold an investor roadshow in mid-February to promote a planned Eurobond issue, the country’s central bank governor said on Friday. Patrick Njoroge did not disclose the sum involved. A source previously More...

By admin On Monday, January 15th, 2018

Corporate boardrooms: where are the women?

  A lack of diversity afflicts most companies’ boards By Kwamboka Oyaro When a woman rises to the top rung of the traditionally all-male corporate ladder in Africa, it’s front-page news because women’s More...

By admin On Monday, January 15th, 2018

Digital revolution holds bright promises for Africa

  Turning a digital divide into dividends will require efforts By Eleni Mourdoukoutas Internet penetration is creeping up in Africa, bringing the prospect of digital dividends to a continent long marked by More...

By admin On Friday, January 5th, 2018

Africa’s poverty rates on a rebound despite notable Economic Development

In this special coverage of Sustainable Development Goals (SDGs), we focus on SDG 10, which is “Reduced inequality within and among countries.” The aim of SDG 10 is for countries to adopt policies that promote More...