ARC East Africa Weekly Chronology
13-19 June 2024

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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.

18 Jun 2024 Kinshasa (DRC) Barron’s. A lawyer for Taylor Christian Thomson, a United States (US) citizen on trial in DRC over the coup attempt in May, says Thomson suffered torture during his arrest;

18 Jun 2024 Addis Ababa (Ethiopia) Borkena. Mines minister Million Matheos says drilling of 19 wells has confirmed that there are over 21 billion cubic metres of natural gas in the Ogaden region;

18 Jun 2024 Nairobi (Kenya) Reuters. A parliamentary panel recommends that the government scrap several proposed new taxes under its Finance Bill 2024 including the proposed 16% VAT on bread and a new 2.5% motor vehicle tax;

18 Jun 2024 Nairobi (Kenya) EWN. Police arrest 335 protestors who gathered around parliament to demonstrate against the Finance Bill 2024;

18 Jun 2024 Nairobi (Kenya) SF Group. Protests are expected across Nairobi today against the Finance Bill 2024;

17 Jun 2024 Kinshasa (DRC) iAfrica. African Union (AU) denounces the recent “massacres” in eastern DRC, expressing concern over the rising levels of violence in the region;

17 Jun 2024 Kigali (Rwanda) Africanews. National Electoral Commission confirms the final list of candidates for the upcoming 15 July election, presenting three presidential candidates including incumbent Paul Kagame;

16 Jun 2024 Kinshasa (DRC) AFP. United Nations (UN) deploys additional peacekeepers in more areas in DRC to help with a new wave of violence from various armed groups;

15 Jun 2024 Addis Ababa (Ethiopia) Reuters. Cabinet passes a bill that will allow foreign banks to set up local subsidiaries and foreigners to acquire shares in domestic lenders as government continues to work to liberalise the economy;

15 Jun 2024 Nairobi (Kenya) The East African. United States-headquartered fund management firm BlackRock confirms it is selling off its equity investments in emerging and frontier markets, including Kenya and Nigeria, due to liquidity challenges in these markets and difficulty in repatriating funds;

15 Jun 2024 Dar es Salaam (Tanzania) The East African. European Union (EU) joins the World Bank in cutting funding for Tanzania’s wildlife conservation programmes over human rights violations allegations;

15 Jun 2024 Kigali (Rwanda) Bloomberg. European Union (EU) is considering doubling funding for the Rwandan Defence Force contingent that is fighting Islamic State-linked jihadists in Mozambique;

14 Jun 2024 Asmara (Eritrea) Anadolu Agency. United Nations high commissioner for human rights Liz Throssell says concerns persist about the ongoing violations by members of the Eritrea Defence Forces in Ethiopia’s Tigray region;

13 Jun 2024 Bujumbura (Burundi) Reuters. Finance minister Audace Niyonzima presents the 2024/2025 budget, set at 4.4 billion BF ($1.5 billion), a 15.9% increase compared to last year due to the unfreezing of civil servant’s salary bonuses;

13 Jun 2024 Djibouti (Djibouti) Garowe Online. Foreign affairs minister Mahamoud Ali Youssouf meets with Ethiopia’s prime minister Abiy Ahmed to discuss diplomatic ties;

13 Jun 2024 Kigali (Rwanda) News24. Rwanda accuses the United Nations High Commissioner for Refugees (UNHCR), which says it has evidence that refugees in Rwanda are not safe, of applying double standards and “lying” to a United Kingdom court about Rwanda’s treatment of refugees;

13 Jun 2024 Kigali (Rwanda) New Times. President Paul Kagame reshuffles his cabinet, notably appointing Olivier Nduhungirehe as foreign affairs minister and Yousuf Murangwa as finance minister;

13 Jun 2024 Dar es Salaam (Tanzania) CNBC Africa. Minister of state in the president’s office for planning and investment Kitila Mkumbo tells parliament that Tanzania’s economy is set to grow by 5.4% this year;

13 Jun 2024 Kampala (Uganda) Reuters. Finance minister Matia Kasaija says the budget deficit is projected to rise to 5.7% of GDP in the 2024/2025 financial year, up from 4.5% in the current financial year;

13 Jun 2024 Kampala (Uganda) Zawya. High court charges three ruling National Resistance Movement (NRM) legislators with corruption for trying to influence the state-funded Uganda Human Rights Commission (UHRC) to inflate its budget;


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ARC East Africa Weekly Chronology 13 – 19 Jun 2024_