Kenya Ahead in Mobile Money

Kenya is ahead of the curve in fostering mobile payment services, providing fertile ground for adoption of international remittance services via mobile phones, a World Bank brief on global migration and remittances.
The country is ranked together with the Philippines, with the two having existing eco-systems of domestic services built around mobile phones.
World Bank Gives Sh3.4 Billion to Boost Private-Public Deals

THE World Bank has approved a Sh3.4 billion ($40 million) loan to Kenya to support public-private sector partnerships.
The amount was announced yesterday for the Infrastructure
Read more: World Bank Gives Sh3.4 Billion to Boost Private-Public Deals
Tourism Boosted as Celebrity Couple Visits Tanzania

TANZANIA is becoming an increasingly popular destination for world’s top celebrities following the arrival in the country of a new couple Justin Timberlake and Jessica Biel for honeymoon.
The newlyweds opted to honeymoon among Tanzanian wildlife as the loved-up pair were seen arriving at the Kilimanjaro International airport two days after their nuptials.Justin and Jessica had tied the knot in a romantic week-long extravaganza at the Borgo Egnaza resort in Southern Italy two weeks ago.
Read more: Tourism Boosted as Celebrity Couple Visits Tanzania
African growth no mirage say banks

AFRICA'S recent robust growth is sustainable and the continent can attract even more investors if it plays its cards well, an influential group representing the world's top financial institutions says.