I&M Bank Rwanda Shares Start Trading Amid Limited Supply

[East African] I&M Bank Rwanda shares closed at Rwf105 ($0.12) per share on Friday, on their first day of trading. The initial public offering price a week ago stood at Rwf90 ($0.11).

[East African] I&M Bank Rwanda shares closed at Rwf105 ($0.12) per share on Friday, on their first day of trading. The initial public offering price a week ago stood at Rwf90 ($0.11).

source: AllAfrica News: Rwanda

Kenya’s Inflation Leaps to Five-Year High On Rising Food Costs

[East African] Kenya’s inflation has risen to a high of 10.28 per cent in March, a rate last seen in May 2012. The rise is as a result of higher food prices due to an ongoing drought that has left close to three million people in the country in need of…

[East African] Kenya's inflation has risen to a high of 10.28 per cent in March, a rate last seen in May 2012. The rise is as a result of higher food prices due to an ongoing drought that has left close to three million people in the country in need of aid.

source: AllAfrica News: Kenya

Seven Injured in Kigali Prison Fire

[East African] A fire broke out in one of Rwanda’s largest prisons on Friday morning, leaving seven inmates with minor injuries and destroying property whose value is yet to be established, officials said.

[East African] A fire broke out in one of Rwanda's largest prisons on Friday morning, leaving seven inmates with minor injuries and destroying property whose value is yet to be established, officials said.

source: AllAfrica News: Rwanda

Chinese Firm to Invest U.S.$40 Million in Mining Diatomite

[East African] Chinese mining firm Chuanshan will invest $40 million in exploration and mining of diatomite at Marigat in Kenya’s Baringo County. This will be the second of such operation in the Rift Valley, after African Diatomite Industries Ltd at Ka…

[East African] Chinese mining firm Chuanshan will invest $40 million in exploration and mining of diatomite at Marigat in Kenya's Baringo County. This will be the second of such operation in the Rift Valley, after African Diatomite Industries Ltd at Kariandusi near Gilgil town. Diatomite is used for manufacturing paints, toothpaste, plastics and absorbents.

source: AllAfrica News: Kenya

Morocco to Host Mo Ibrahim Foundation Talks

[East African] Nairobi -The 2017 Mo Ibrahim Foundation annual Governance Weekend will be held in Marrakech – Morocco from April 7-9. A press release from the Foundation identifies the Palmeraie Resort as the venue for this year’s meeting.

[East African] Nairobi -The 2017 Mo Ibrahim Foundation annual Governance Weekend will be held in Marrakech - Morocco from April 7-9. A press release from the Foundation identifies the Palmeraie Resort as the venue for this year's meeting.

source: AllAfrica News: Morocco

Turkish Deputy PM Brings Goodies to Mogadishu

[East African] Mogadishu -Turkish Deputy Prime Minister Veysi Kaynak arrived in Mogadishu on Sunday with a bag of goodies. Mr Kaynak and his delegation were received at Mogadishu’s the Aden Abdulle International Airport by Somalia’s Deputy PM Mahdi Moh…

[East African] Mogadishu -Turkish Deputy Prime Minister Veysi Kaynak arrived in Mogadishu on Sunday with a bag of goodies. Mr Kaynak and his delegation were received at Mogadishu's the Aden Abdulle International Airport by Somalia's Deputy PM Mahdi Mohamed Guled and several state officials.

source: AllAfrica News: Somalia

Bodies of Kenyans Killed in South Sudan Arrive Home

[East African] Nairobi -There were emotional scenes at the Jomo Kenyatta International Airport (JKIA) on Saturday as family and friends received bodies of three Kenyan aid workers killed in South Sudan a week ago.

[East African] Nairobi -There were emotional scenes at the Jomo Kenyatta International Airport (JKIA) on Saturday as family and friends received bodies of three Kenyan aid workers killed in South Sudan a week ago.

source: AllAfrica News: South Sudan