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Twin Explosions Rock Kenyan Capital

AFRICANGLOBE - Two explosions have killed at least 10 people in Kenya's capital, Nairobi, according to the country's National Disaster Operations Centre. One blast on Friday targeted a 14-passenger vehicle that Kenyans use for public transport, the disaster centre said.

Nairobi Ranked Africa’s Second Most Pricey Capital

AFRICANGLOBE - Kenya’s capital, Nairobi, is now ranked Africa’s second most costly city after Nigeria’s Lagos, according to Kenya’s Business Daily. The daily attributed this to a steep surge in the cost of living, diluting the quality of life for its residents. This puts paid to the city’s ability to entice foreign investment and tourists.

African Consumers Grow Despite Inflation

In a cafe on the terrace of an upmarket Nairobi mall, well-heeled Kenyans sip coffee as shoppers in the car park navigate between BMW X5s, Toyota Land Cruisers and Mercedes. Sales at this Java House outlet along the Ngong Road were up last year, says Kevin Ashley, a Californian who co-founded the chain of 14 coffee houses 13 years ago. Kenya's rich and new middle classes have a growing taste for lattes and ice cream.