Chinese Imports Edging Out Kenya’s Local Products

Kenyan artisans say they are losing the market for their products to Chinese imports. According to the crafts persons, the high quality and lower prices of Chinese-made goods put them at a disadvantage.Jua kali, popularly known in Kenya as artisanal wo...

IMF Approves $455 Million Loan to Republic of Congo

The International Monetary Fund board on Monday approved a three-year $455 million loan for the Republic of Congo to help undergird the small African nation's economic recovery.The global crisis lender will provide $90 million immediately under the Ext...