ARC East Africa Weekly Chronology
21-27June 2023

ARC Logo

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.

27 Jun 2023 Kinshasa (DRC) Agência Angola PressComoros’ President Azali Assoumani, acting president of the African Union, delivers a speech at the Summit of Heads of States and Governments of the political and economic regions of Africa calling for joint efforts to address the situation in the DRC to avoid negative repercussions on other countries in the region;

27 Jun 2023 Nairobi (Kenya) Daily Nation. Online information service Disrupt Africa reports that Kenyan start-ups were the second most attractive to funders in 2022 in Africa, securing  a combined $1.3 billion among them;

27 Jun 2023 Victoria (Seychelles) Seychelles News Agency. President Wavel Ramkalawan receives the Medal of the Republic and 10 people are recognised for special contributions at the Seychelles National Awards;

27 Jun 2023 Dar es Salaam (Tanzania) The CitizenTaifa Gas announces a $100m investment in power generation in Zambia through a joint venture with local company Delta Marimba, which will establish the first Liquefied Petroleum Gas (LPG) plant in the northern part of the neighbouring country;

26 Jun 2023 Dar es Salaam (Tanzania) The Citizen. Members of parliament approve the new national budget for the financial year 2023/24, with 95% votes in favour;

25 Jun 2023 Dar es Salaam (Tanzania) The Citizen. The government announces that the Tanzania Investment Centre (TIC) has signed $1.805 billion in performance contracts with investors aimed at addressing the shortage of important commodities, including edible oil, sugar, cement, and iron rods as part of efforts to significantly create jobs, reduce imports, and save foreign currency;

22 Jun 2023 Dar es Salaam (Tanzania) The Citizen. Tanzania stands to save $25m of its foreign exchange earnings on completion of construction of a $311m float glass factory in Mkuranga District (Coast Region), scheduled for September, with production capacity expected to meet and exceed demand in Tanzania and neighbouring countries in East Africa;

21 Jun 2023 Dar es Salaam (Tanzania) The Citizen. Members of the public have demanded that the government provide more details on the terms and conditions of its Intergovernmental Agreement (IGA) aimed at enhancing economic and social cooperation between Tanzania and the Emirati of Dubai to expand and improve Tanzanian ports;

21 Jun 2023 Kampala (Uganda) Kfm. Immigration officials at Katuna border call for increased staff to handle the growing number of travellers to avoid unnecessary delays after Rwandan authorities lifted travel restrictions on their nationals crossing into Uganda through the Katuna and Cyanika border posts in Kabale and Kisoro districts respectively;

 

Click here to download this update:

ARC East Africa Weekly Chronology 21-27