Search Results for: Kenya

BY ALYSHAH HASHAM

KENYA, and its capital Nairobi, is the business hub of east Africa. It also has the reputation of being one of the world’s most corrupt places – a place where bribery is an accepted part of doing business.…

BY WACHIRA KIGOTHO

EAST Africa is developing as an important source of biofuels and biofuel feedstock, with governments keen to attract foreign direct investment for this potentially strategic rural development option.

Ethiopia, Kenya, Mozambique, Sudan, and Tanzania are countries where foreign companies are competing to acquire land for biofuel projects.…

BY GEORGE STONE

THE KYOTO Protocol’s Clean Development Mechanism (CDM) has made slow progress in Africa, but schemes are slowly getting off the ground, led by programmes in Nigeria, Kenya and South Africa.

Under the United Nations-backed CDM process, projects that reduce greenhouse gas emissions and contribute to sustainable development can earn saleable certified emission reduction (CER) credits.…

BY KEITH NUTHALL

JOMO Kenyatta International Airport is receiving Euro 68.8 million financing from the European Union (EU), mostly from the European Investment Bank (EIB). It is lending the Kenya Airports Authority Euro 63.8 million alone and granting Euro 5 million in conjunction with German development bank KfW.…

BY ERIC LYMAN and KEITH NUTHALL

THE EXECUTIVE secretary of the UN Framework Convention on Climate Change (UNFCC) Yvo de Boer will switch his attentions to the private sector after standing down from his job on July 1. He will be joining the consultancy group KPMG as global adviser on climate and sustainability and working with a number of universities.…

BY AHMAD PATHONI, ALYSHAH HASHAM, MARK ROWE and KEITH NUTHALL

GIVEN the constant flow of news about tougher tobacco industry regulations from all continents, tobacco executives could be forgiven for thinking there are no countries where they have a relative free hand to sell their products.…

BY PAUL COCHRANE

PIRACY has increased exponentially off the coast of Somalia in recent years, with ships hijacked deep into international waters despite the presence of a multi-national naval task force, and pirates demanding ever higher ransoms from shipping companies. But while the spoils of piracy are evident in coastal Somali towns, tracking down where the remaining millions of dollars disappear to is hard to pin down, with allegations circulating of ransom money entering the real estate markets of Kenya, to money laundering in Yemen and Dubai.…

BY KEITH NUTHALL

A CATTLE disease responsible for the destruction of millions of head of cattle and other hoofed livestock should be declared extinct within the next 18 months, with global cooperation the key to success. The United Nations’s Food and Agriculture Organisation (FAO) and the Office International des Épizooties (OIE) – the world animal health organisation – are preparing to announce that rinderpest has disappeared.…

BY BILL CORCORAN and ALAN OSBORN

IT is now some five years since a group of London-based multinationals, among them British American Tobacco (BAT), set up a group aimed at improving the conditions for doing business with and through Africa – named the Business Action for Improving Customs Administration in Africa (BAFICAA) initiative.…

BY GEORGE STONE

GHANA, Uganda and the Democratic Republic of Congo (DRC) are Africa’s latest upstream hotspots as major energy firms seek new provinces outside of regional heavyweight oil producers Nigeria and Angola. But jockeying for position has already led to friction between governments and the industry.…