NAIROBI (Reuters) – An intensive drilling campaign with partners this year should bring Africa Oil Corp (AOI.V: Quote, Profile, Research, Stock Buzz) much closer to confirming that Kenya has commercial quantities of oil, it said on Monday.
Chief Executive Keith Hill, whose Canadian-listed firm has interests in its 12 blocks covering 250,000 sq km in the region, told Reuters about $468 million would be spent in 2013 to drill at least 10 wells in Kenya and other locations in east Africa.
NAIROBI, April 5 (Reuters) – Kenya-based private equity firm
Catalyst Principal Partners has an eye on demand from East
Africa’s growing middle class as it starts to make investments
from a broad $125 million fund and from a partnership dedicated
to real estate.
Mauritius-registered Catalyst, which in November finished
raising cash for its first closed-end fund, sees opportunities
in a region of about 200 million people, where consumer demand
is rising and a big boost from recent oil and gas discoveries is
expected for the future.
NAIROBI (Reuters) – The United States and several other European nations are expecting to send ambassadors to attend the swearing in next week of Uhuru Kenyatta, Kenya’s president-elect who is indicted for crimes against humanity at The Hague.
Western diplomats said this level of attendance was in line with their policy of having only “essential contacts” with indictees of the International Criminal Court. A European Union official also said EU envoys were seeking to meet Kenyatta.
NAIROBI/KISUMU, Kenya (Reuters) – Kenyan police clashed on Sunday with a few dozen protesters angry at a court’s confirmation of Uhuru Kenyatta as president-elect, but the unrest was minor compared with the nationwide bloodshed after the last disputed election.
There was little sign of violence beyond Kisumu, a city in the west of Kenya where there is strong backing for Prime Minister Raila Odinga, loser in the presidential election. Kisumu and other regions were devastated by deadly riots after the vote in 2007.
NAIROBI (Reuters) – Kenya’s Supreme Court ruled on Saturday Uhuru Kenyatta was elected president fairly, unanimously rejecting a challenge from defeated candidate Raila Odinga that the vote was marred by rigging and technical problems.
The decision cleared the way for Kenya’s richest man to take the top job in east Africa’s biggest economy, but left foreign powers with the headache of dealing with a leader charged with crimes against humanity at The Hague.
NAIROBI (Reuters) – Kenya’s Supreme Court rules on Saturday on a legal challenge to Uhuru Kenyatta’s win in a presidential election seen as a test of democracy, five years after vote disputes triggered widespread bloodshed.
The country’s outgoing president called for calm ahead of a decision that will either confirm the victory of Kenya’s richest man Kenyatta or force another vote.
NAIROBI (Reuters) – Kenya’s Supreme Court rules on Saturday on a challenge to Uhuru Kenyatta’s presidential election win, a judgment seen as a test of the democratic system five years after another disputed vote triggered tribal bloodshed.
The country’s outgoing president called for calm ahead of the decision that will either confirm the victory of Kenya’s richest man Kenyatta or force another vote.
NAIROBI (Reuters) – Kenya’s Supreme Court held its last session on Friday on a challenge to Uhuru Kenyatta’s presidential election victory a day before giving a ruling that will test Kenyans’ trust in the newly reformed judiciary.
The court delivers its verdict on Saturday on the challenge raised by defeated candidate Raila Odinga after peaceful voting on March 4 went some way to rebuilding Kenya’s image following tribal blood-letting in the wake of the disputed 2007 vote.
NAIROBI (Reuters) – Kenya’s Supreme Court hears a petition on Wednesday challenging the victory by Uhuru Kenyatta in this month’s presidential election, a case that will test Kenyan democracy five years after a disputed vote ignited tribal violence.
Peaceful voting on March 4 went a long way to restoring Kenya’s reputation as one of Africa’s more stable democracies, reinforced when losing candidate Raila Odinga took his challenge to court rather than letting it play out on the streets.
NAIROBI (Reuters) – Uhuru Kenyatta’s victory in Kenya’s presidential vote presents Western states with the challenge of keeping an elected leader charged with crimes against humanity at arms length while preserving valuable security and business ties.
Much is at stake in the relationship between East Africa’s biggest economy and its main Western backers and donors.