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Britain's Prince William and his wife, Catherine, the Duchess of Cambridge landed in Copenhagen, Denmark, on Thursday, on a joint humanitarian mission with the Denmark's Crown Prince Frederik and Princess Mary.
Somali rebel group al-Shabab claimed responsibility for an attack on a Kenyan military convoy on Tuesday, but Kenya is downplaying the size of the attack.
Kenya's central bank bared its teeth against stubbornly high inflation on Tuesday with a record rate rise that is seen supporting the shilling, boosting appetite for long-term bonds and helping secure the approval of extra funds from the IMF.
Barclays Bank of Kenya said on Tuesday its pretax profit increased 26 percent to 8.87 billion shillings in the nine months ended September, driven higher by the benefits of cost-cutting and sharply reduced bad loan provisions.
South Africa's Allied Technologies Ltd is in talks to pay up to $60 million for unlisted Kenyan IT firm Symphony, according to a person familiar with the matter, to help revive its struggling business in fast-growing east Africa.
The International Monetary Fund on Monday trimmed its 2011 growth outlook for Kenya on Monday and backed further funds to boost the country's foreign exchange reserves to help tackle a widening balance of payments gap.
Kenyan shares vaulted 2 percent on Friday to their highest in five weeks as foreign investors trooped back to riskier assets in search of bargains, while the shilling firmed slightly.
Kenya will end its military campaign against the Islamist al Shabaab rebels in Somalia when it is satisfied it has stripped the group of its capacity to attack across the border, its head of military said on Saturday.
Two African Union peacekeepers were injured on Saturday when Somalia's al Shabaab rebels attacked one of the mission's bases in Mogadishu, a spokesman for the force said.
Military tensions between Kenya and Somali insurgent group al-Shabab continues to rise following the Kenyan military’s decision to invade Somalia on Oct. 16.
Annual inflation in Kenya rose more than expected to 18.91 percent in October as food, electricity and fuel prices increased along with transport costs, but analysts said it was close to peaking.
While Kenya's sweeping military intervention into Somalia shares the Obama administration's goal of dismantling the Al-Qaeda affiliated militant group al-Shabab, the campaign also carries the risk of exacerbating instability in the notoriously fractured country.
The Duke and Duchess of Cambridge plan to visit UNICEF's centre in Denmark for distributing food and medical supplies to East Africa coming Wednesday.
The Kenyan shilling slipped against the dollar on Tuesday, weighed on by offshore banks closing out dollar positions after the central bank issued new trading rules, while stock rose slightly on the back of banks' nine-months earnings.
Egypt's Citadel Capital plans to scale back investments outside its existing projects until the political and economic outlook becomes clearer, its chairman told Reuters.
Somali gunmen kidnapped three aid workers working for Danish Demining Group in northern Somalia on Tuesday, the humanitarian agency said, the second capture of Western aid agency staff working in the region this month.
A grenade attack on a bar in the center of Nairobi early Monday wounded 12 people, Kenyan police said, an incident that comes as Nairobi battles al-Qaida-linked militants in neighboring Somalia.
Kenya said Somalia's al Shabaab militants were on the run after it deployed more troops and struck rebel targets by air to secure its border from rebels Nairobi accuses of kidnapping foreigners on its soil.
Kenya's shilling gained slightly against the dollar on Friday as commercial banks and the central bank sold dollars, while stocks edged up.
Burundi is East Africa's most corrupt country for the second year in a row, with the region's police, revenue authorities and the judiciary rated as the worst offenders, a Transparency International (TI)survey showed on Friday.
The African force protecting Somalia's government acknowledged on Friday at least 10 of its troops had been killed in battle in Mogadishu and said the true toll could still climb, after rebels showed dozens of bodies.
