Kenya’s new president aims double digit growth

Kenya's new president Uhuru Kenyatta said his government aimed to increase the country's growth rate to double figures as he spoke at an official opening of parliament on Tuesday.

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Africa growth robust in 2013 - 2015, World Bank

According to a World Bank, twice a year analysis, Africa will register strong economic growth of over 5 percent, between 2013 and 2015.

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Kenyan economy is top on my priority list: Kenyatta

Kenya's new president, Uhuru Kenyatta, has promised to deliver on campaign promises, starting with the economy, but ensuring national cohesion and unity. Delivering his first address after being formally inaugurated at a soccer stadium in the capital Nairobi, Kenyatta said the Kenyan economy was at the top of his priority list. Many Kenyans hope that Kenyatta, a 51-year-old former finance minister, will now deliver a swift improvement in the economy, which has yet to return to the 7 percent growth rate attained before the December 2007 vote. Some of those watching his speech on television in a Nairobi bar said they were hopeful of a better future with the new president.

+ kenya+ economy

Kenyan economy is top on my priority list: Kenyatta

Kenya's new president, Uhuru Kenyatta, has promised to deliver on campaign promises, starting with the economy, but ensuring national cohesion and unity. Delivering his first address after being formally inaugurated at a soccer stadium in the capital Nairobi, Kenyatta said the Kenyan economy was at the top of his priority list. Many Kenyans hope that Kenyatta, a 51-year-old former finance minister, will now deliver a swift improvement in the economy, which has yet to return to the 7 percent growth rate attained before the December 2007 vote. Some of those watching his speech on television in a Nairobi bar said they were hopeful of a better future with the new president.

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Sudan's Darfur gets $3.6 billion committment

Donor countries have pledged $3.6bn for the development and reconstruction of Sudan's Darfur region, to be paid over six years. The announcement was made at the end of a two-day international donor forum hosted by the Gulf state of Qatar. Despite $2.6 billion already committed by the Sudanese government, the pledges still fell short of the $7.2 billion the United Nations had hoped to raise. The Doha Document for Peace in Darfur (DDPD), negotiated with the support of the government of Qatar, forms the basis for a permanent ceasefire and comprehensive peace agreement to end the fighting that began in Darfur ten years ago, pitting government forces and allied militiamen against rebel groups.

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EU urges Italy to approve decree

The EU has urged Italy to approve a decree to pay state debts in the recession-hit nation. European Commissioner for Economic and Monetary Affairs Olli Rehn urged the Italian government to pass a decree which would see state debts paid to companies.

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