I write about money in Africa for the Wall Street Journal. Greek immigrant. Tell me things matina.stevis@wsj.com

Kenya Set for Faster Growth, Says World Bank

wsj.com — NAIROBI-Low oil prices and loose monetary policy in the U.S. have bolstered Kenya's economy, East Africa's largest, helping it grow faster than expected last year and setting it on course for sustained growth in the years ahead, the World Bank said in a report Thursday.

MTN Rides Africa Mobile Data Boom Amid Nigeria’s Woes

wsj.com — NAIROBI-MTN Group Ltd., Africa's largest telecommunications company, has weathered trouble in Nigeria and currency-related losses through strong demand for mobile data services and cost-cutting to record a 20% jump in net profit in 2014 from the previous year.

Africa’s bond bonanza finds fewer takers

marketwatch.com — NAIROBI--For the past two years, debt investors have been flocking to Africa, lured by the promise of high returns and the continent's enormous economic potential. But the benign climate that enabled nations that were once financial pariahs to raise billions of dollars is rapidly clouding over.

Africa’s Bond Bonanza Finds Fewer Takers

wsj.com — NAIROBI-For the past two years, debt investors have been flocking to Africa, lured by the promise of high returns and the continent's enormous economic potential. But the benign climate that enabled nations that were once financial pariahs to raise billions of dollars is rapidly clouding over.

IMF Board Approves $750 Million Precautionary Program for Kenya

wsj.com — NAIROBI-The International Monetary Fund board on Monday approved a request by the government of Kenya for a precautionary program of about $750 million, said the fund's resident representative in Kenya, Armando Morales. The Kenyan government had requested the program as an insurance policy again economic shocks, despite having successfully borrowed in the international capital markets in 2014 in its first dollar-denominated bond.

Refugees Cross a Narrow Sea Passage With Europe on Horizon

wsj.com — CHIOS, Greece-Amer Khalif, a 23-year-old Syrian refugee, swam frantically toward the Greek coast-guard boat, screaming "Help, help!" Two friends panted behind him, clinging to their inner tubes and splashing in the clear Aegean water on a warm September morning.

African Union Calls For Regional Force to Combat Boko Haram

wsj.com — NAIROBI-As Islamic insurgent attacks escalate beyond Nigeria's borders, the African Union's top official has called on the country's neighbors to contribute a 7,500-strong multinational force that will combat Boko Haram and prevent the destabilization of the West African region.

In Greece, the painful start of the first advanced-democracy revolution

theguardian.com — Athenians have had many worthy - or at least celebrated - interpreters over the last few days, and as the city erupted yesterday, they were hard at work. They were expected to answer questions: "Why are they on the streets?"; "Do they want a default?"; "Can't they see the need to swallow the medicine?"

Kenya Says Karibu (Welcome) to Uber

blogs.wsj.com — Without pomp or circumstance, the ride-sharing service Uber launched here in Nairobi, Kenya, on Wednesday afternoon. The company had been looking at this market for more than a year before setting up shop, local tech investors said. Uber declined to comment on the length of its planning process, saying only that it deployed its regional manager here in late 2014.

Egypt Urges West to Provide Military Support to Tackle Islamic Extremists

wsj.com — NAIROBI-Western powers should give military support to Egypt to help it combat the Islamic extremism that led to the attacks on the Charlie Hebdo newspaper and a kosher supermarket in Paris, the Egyptian foreign minister said Tuesday.
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Mar 05, 2015

@coldtusker well, she is, but technically she's not a president. @GrantBrooke

Mar 05, 2015

Right -no presidents mentioned MT @GrantBrooke: Forbes list of African Billionaires probably captured about 10% of Africa's Billionaires.

Mar 05, 2015

Oil & Fed glut helped Kenya. But now it's almost entirely up to govt to sustain high growth rates. Will they deliver? wsj.com/articles/kenya…

Mar 05, 2015

Not to be a party-pooper but look beyond headline upgrade of #Kenya's growth projection by the World Bank wsj.com/articles/kenya…

Mar 05, 2015

@Draz_DJ excellent, good use for my new iPad. I shall have detailed praise and comment by this evening.

Mar 05, 2015

@Draz_DJ high five my friend, getting down to reading it now.

Mar 05, 2015

Just starting to read this, but I sense it will be good. @Draz_DJ special report on the heroin trade in #Kenya af.reuters.com/article/worldN…

Mar 05, 2015

Doesn't everyone these days? RT @TheStalwart: “I consider myself a journalist to some extent” -- @WarrenBuffett bloomberg.com/news/articles/…

Mar 05, 2015

Kenya's economy perfect example of how fast-growing frontiers are vulnerable to advanced-economy risks wsj.com/articles/kenya…

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