ARC East Africa Weekly Chronology
1- 7 May 2025

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Africa Risk Consulting monitors events around the region and provides users of the EAA website with this weekly summary.

 


Weekly Update on events in East Africa


Africa Risk Consulting – Your first choice for Africa due diligence, country assessments, strategic advice and compliance consulting.

7 May 2025 Nairobi (Kenya) Bloomberg. President William Ruto plans to scrap some tax breaks to help shore up the state’s coffers, a change in strategy that comes after proposals to introduce new levies sparked deadly protests and nearly toppled his government last year before they were abandoned;

6 May 2025 Johannesburg (South Africa) Moneyweb. Standard Bank, Africa’s largest bank, says it plans to grow the market share of its asset management business in East Africa to take advantage of the continent’s fastest growing region;

6 May 2025 Dar es Salaam (Tanzania) The Citizen. President Samia Suluhu Hassan appoints Lazaro Jacob Twange as the new managing director of Tanzania Electric Supply Company (TANESCO) amid ongoing power rationing in Tanzania, attributed to a 400-megawatt shortfall caused by aging infrastructure, low water levels in dams, and increased electricity demand;

6 May 2025 Nairobi (Kenya) Bloomberg. Finance minister John Mbadi says declining interest rates will lift Kenyan growth this year, after the economy expanded at the slowest pace in 2024 since the coronavirus pandemic;

5 May 2025 Kinshasa (DRC) Reuters. United States (US) president Donald Trump’s senior adviser for Africa, Massad Boulos, says DRC’s and Rwanda’s governments have submitted a draft peace proposal aimed at ending conflict in eastern DRC and unlocking significant Western investment but Rwandan officials note the drafts have not yet been consolidated;

5 May 2025 Mogadishu (Somalia) Addis Standard. Petroleum and mineral resources minister Abdirizak Omar Mohamed responds to criticism of the government’s recent hydrocarbons agreement with Turkey, claiming that it is in line with international norms for emerging hydrocarbon producers and essential for unlocking Somalia’s economic potential;

3 May 2025 Addis Ababa (Ethiopia) Addis Standard. Diplomatic missions in Ethiopia –including those of the United Kingdom and several European Union nations – raise concern about growing restrictions on press freedom as Ethiopia falls to 145th place globally in press freedom rankings reflecting a broader pattern of government actions such as harassment, detention of journalists, internet shutdowns, and restricted access to conflict zones, especially in TigrayOromia, and Amhara;

1 May 2025 Kinshasa (DRC) BBC. DRC’s military prosecutor is seeking to lift former President Joseph Kabila’s immunity from prosecution after accusing him of backing M23 rebels in the east;

1 May 2025 Kinshasa (DRC) Reuters. The United States is pushing DRC and Rwanda to sign a peace accord at the White House in about two months, accompanied by a bilateral minerals deal that would bring billions of dollars of Western investment to the region, according to President Donald Trump’s senior advisor for Africa;

1 May 2025 Addis Ababa (Ethiopia) Borkena. South Sudanese forces have reportedly made incursions into the Gambella region of Ethiopia;

1 May 2025 Kampala (Uganda) The Guardian. Opposition politicians accuse President Yoweri Museveni of attempting to quash dissent by prosecuting opponents on politically motivated charges in military courts in the run-up to presidential and legislative elections next year, as the government pushes to introduce a law to allow military tribunals to try civilians despite a supreme court ban on the practice;

30 Apr 2025 Dar es Salaam (Tanzania) The Bloomberg. Deputy prime minister Doto Biteko says the government wants to agree the terms of a long-delayed $42 billion liquefied natural gas facility with international oil companies by October;

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East Africa Chronology 7 May 2025