South African Electricity Exports Up Despite Crisis

Eskom

One of Eskom's newer power plants.

South African power company Eskom, which generates 95% of the electricity produced in South Africa, has come under fire for continuing to export electricity at a time when the country is faced with unprecedented power shortages.

Kenya's Safaricom Share Bids Top U.S. $3 Billion

Revenue from the much-hyped initial public offer by Kenyan mobile phone network operator Safaricom has far exceeded the targeted Sh50 billion that the government had hoped to raise.

Neil Thomas/IRIN

Mobile phone networks are widespread across Kenya.

Rising Prices Worry East African Bankers

IRIN

Food prices have increased dramatically.

Central bank governors of the five East African Community (EAC) member states have warned that skyrocketing commodity prices and inflationary pressures poses a risk to macro-economic stability in the region.

Milk Plant to Boost Uganda's Dairy Sector

Uganda's dairy sector is expected to pick up considerable momentum from this week's launch of the country's first $15 million powdered-milk manufacturing plant.

R. Faidutti/FAO

Uganda's milk can now be made into powder.