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  • IMF revises up Rwanda 2019 growth forecast to 8.5%

    Nov 13, 2019 | 17:57 pm

    KIGALI, Nov 13 (Reuters) - The IMF on Wednesday revised upits growth forecast for Rwanda this year to 8.5%, from itsprevious projection of 7.8%, crediting strong growth in thefirst half of the year and new public and private investments inconstruction.

  • UPDATE 1-Kenya's KCB Group's nine-month profit rises 6%

    Nov 13, 2019 | 14:58 pm

    NAIROBI, Nov 13 (Reuters) - Kenya's biggest bank by assetsKCB Group reported on Wednesday a 6% increase in netprofit for the first nine months of this year to 19.2 billionshillings ($187.59 million.

  • Kenya's KCB Group's nine-month net profit jumps 6%

    Nov 13, 2019 | 14:14 pm

    NAIROBI, Nov 13 (Reuters) - Kenya's KCB Groupposted a 6% increase in its net profit to 19.2 billion shillings($187.59 million) compared with a year earlier, it said onWednesday.($1 = 102.3500 Kenyan shillings)(Reporting by Duncan Miriri and Omar MohammedEditing by Maggie[…]

  • Uganda protests police killing of two nationals in Rwanda

    Nov 12, 2019 | 20:45 pm

    KAMPALA, Nov 12 (Reuters) - Uganda on Tuesday protested toRwanda over the killing of two of its nationals by Rwandansecurity personnel and demanded that they be punished in afurther sign of fraying relations between the neighbouringstates.

  • UPDATE 2-Kenya's Equity nine-month pretax profit jumps on lending boost

    Nov 12, 2019 | 12:50 pm

    NAIROBI, Nov 12 (Reuters) - Kenya's Equity Groupreported on Tuesday that its nine-month pretax profit rose to24.78 billion shillings ($242.11 million) as it overcame theeffects of an interest rate cap that slowed economic growth.

  • Kenya's Equity Group Holdings 9-month pre-tax profit up 11%

    Nov 12, 2019 | 07:15 am

    NAIROBI, Nov 12 (Reuters) - Kenya's Equity Group Holdingssaid on Tuesday its nine-month pretax profit rose 11% to 24.78billion shillings($242.11 million), helped by higher interestand non-funded income.

  • Congo army kills leader of splinter Hutu militia group

    Nov 10, 2019 | 15:14 pm

    KINSHASA, Nov 10 (Reuters) - Congolese forces have killedthe leader of an offshoot of a Hutu militia in the restive eastof the country, the army said on Sunday, two months afterkilling the leader of the main faction.

  • Rwanda appoints new foreign minister, internal security minister

    Nov 5, 2019 | 06:55 am

    KIGALI, Nov 5 (Reuters) - Rwanda's President Paul Kagame hasappointed a new foreign affairs minister in a cabinet reshuffle,a statement read on state broadcaster Radio Rwanda late onMonday said.

  • Volkswagen brings electric cars to Rwanda for ride-hailing service

    Oct 29, 2019 | 16:10 pm

    KIGALI, Oct 29 (Reuters) - Volkswagen isimporting a batch of electric powered Golf models into Rwandafor a local ride-hailing service, establishing a bridgehead inthe country that it hopes to expand to other nations as it seeksto increase market share globally.

  • From Ethiopia to Australia, the promises and pitfalls of tourism for good

    Oct 25, 2019 | 16:29 pm

    ADDIS ABABA, Oct 25 (Thomson Reuters Foundation) - Theopening of Ethiopia's once-secretive imperial palace complex hasbeen hailed as symbolising a new era of openness for the eastAfrican nation, but it also has another aim - job creation.

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