Fewer than one in 10 of Kenya's urban dwellers can afford a mortgage, while rural incomes are too low for a mortgage market to develop, a central bank and World Bank study showed on Wednesday.
Strikes damaged Egypt's vital export industries on Thursday as manufacturers kept factories idle because a nationwide bank shutdown stopped them buying supplies and selling their goods, industry officials said.
Nigeria's economy is expected to grow around 7 percent this year, down from 8.5 percent in 2010, with growth moderating gradually in subsequent years, the International Monetary Fund (IMF) said on Thursday.
Kenya Airways plans to raise capital to pay for its expansion, the airline said on Thursday without saying how much it would raise or how.
Independent energy trader Gunvor Group Ltd has gained access to anthracite coal produced by South Africa's Leeuw Mining and Exploration and to export capacity at Richards Bay Coal Terminal, Leeuw said on Thursday.
The World Bank will consider loaning Kenya $400 million before the end of the fiscal year to upgrade informal settlements and road projects, the bank's head in Nairobi said on Thursday.
Thousands of state workers and their supporters in Wisconsin have besieged the capitol in Madison to protest against huge budget cuts proposed by Governor Scott Walker.
South Africa's nearly week-long truckers' strike over wages has caused some petrol stations to run dry and raised concerns that a prolonged walk-out could deal a blow to Africa's largest economy.
Egypt's uprising has cost its tourism, construction and manufacturing industries at least 10 billion Egyptian pounds, a government statistics authority said on Thursday.
Egyptian youth leaders moved to set up a new political party on Thursday in the post-Mubarak era while a committee worked on changing the constitution to prepare for elections promised by military rulers within six months.
Zimbabwe's Prime Minister Morgan Tsvangirai on Thursday threatened to boycott presidential and parliamentary elections if rival President Robert Mugabe called them for 2011.
Hundreds of supporters of Libyan leader Muammar Gaddafi rallied on Thursday but there were reports of unrest in several locations as the opposition called for a day of anti-government protests.
Leading Congressional Republicans are disputing President Barack Obama's recent statements that under his budget plan for 2012, which includes a 10 year outlook, the government will not spend more money than it's taking in by 2017.
Further protest demonstrations have been banned in Bahrain, while the small nation’s military takes greater control following violent anti-government clashes in the capital, Manama, according to state T
China's Ministry of Commerce has asked for opinions from other ministries about the idea of cutting import taxes on a range of goods, two sources familiar with the move said on Thursday.
Some small Chinese developers will not survive until the end of the year because the government's property tightening will deprive them of cash, giving bigger players a chance to buy their assets, Fitch Ratings said on Thursday.
The Canadian government was hit by an unprecedented cyber attack from Chinese-based computers last month that penetrated two key economic ministries, the Canadian Broadcasting Corp reported on Wednesday.
China's Internet censors have deleted U.S. Embassy posts promoting Secretary of State Hillary Clinton's speech on Internet freedom from microblogs, parrying U.S. efforts to spur debate about Beijing's grip on free speech.
U.S. President Barack Obama's proposed 2012 Federal budget included proposals to improve the inefficiencies in government data centers. The budget outlines the adoption of cloud-computing and virtualization technologies to lower IT spending costs and increase agility.
What is happening in the Middle East is a major historical critical juncture, said Dilshod A. Achilov, a professor of political science at East Tennessee State University.
The 'Provisions on News Information Services', which was issued in 2005, states that the purpose of news websites is not to inform the public of the facts, but instead to “serve socialism” and to “safeguard the nation’s interests and the public interest.”
Does the unemployment rate is really improving as the US labor force participation rate has been trending downward since 2000?
After the sexual assault on CBS news' Lara Logan in Egypt, an ABC reporter Miguel Marquez has been attacked in Bahrain. Slideshow recalls incidents of assault against journalists in the Middle East based on the CPJ statement.
Starting Wednesday, drivers in New York face one of the stiffest bans imposed by the nation on usage of handheld cell phones while driving.
A report by KSE Partners finds Nebraska paying a whopping 23.69 percent in taxes on their wireless bills, while wireless consumers face the lowest burdens in Oregon with 6.86 percent.
ABC news reporter Miguel Marquez was caught by an angry mob in the Bahrain capital of Manama and beaten up.
In an attempt to sabotage the pro-democracy protests, Iran has censored internet by slowing speed, electronic communication and the media has been gagged.
Three items totaling about $2.4 trillion combine for nearly two thirds of President Barack Obama's proposed $3.7 trillion 2012 fiscal year budget.
The newly-elected governor of Connecticut, Democrat Daniel P. Malloy, has presented a budget for fiscal 2012 that will increase state income and sales tax by $1.5 billion.
Fox used footage of 2010 meeting in 2011 coverage, say reports.
