Safaricom Ltd.’s purchase of Essar Telecom Kenya Ltd.’s assets may help address demands that the company improve its network before being granted a new license, said analysts including Evelyne Wanjiku at Genghis Capital Ltd.
Centum Investment Co. gained for the first time in nine days as an increased takeover offer for a Kenyan agriculture company boosted speculation that land used to grow sisal fiber will be converted for real estate.
East African mediators want armed units from the region to protect cease-fire monitors and oil fields in South Sudan, said Seyoum Mesfin, chief envoy from the seven-nation Intergovernmental Authority on Development.
Air France-KLM Group, Europe’s largest airline, is getting a makeover ranging from high-end seats to bigger entertainment screens as Chief Executive Officer Alexandre de Juniac attempts a turnaround from near bankruptcy.
Kenyan President Uhuru Kenyatta is struggling to meet economic growth targets a year after his election victory as he focuses on fighting charges from the International Criminal Court that link him to violence that left more than 1,100 people dead after a 2007 vote.