ARC East Africa Weekly Chronology
23-29 May 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.

29 May 2024 Kinshasa (DRC) RFI. President Felix Tshisekedi unveils his new government, nearly five months after his re-election in December;

29 May 2024 Kigali (Rwanda) New Zimbabwe. Rwanda and Zimbabwe sign 30 memoranda of understanding (MoUs) in a bid to strengthen bilateral cooperation;

29 May 2024 Kigali (Rwanda) Taarfia. President Paul Kagame arrives in Kenya for the African Development Bank (AfDB) annual meetings;

28 May 2024 Bujumbura (Burundi) AFP. Former prime minister Alain-Guillaume Bunyoni appeals his conviction on charges including attempting to overthrow the government;

28 May 2024 Addis Ababa (Ethiopia) Borkena. Sources report multiple grenade explosions in Dessie, approximately 400km from Addis Ababa;

27 May 2024 Nairobi (Kenya) AfDB. African Development Bank (AfDB) annual meetings take place in Nairobi until 31 May;

26 May 2024 Addis Ababa (Ethiopia) Financial Times. Somaliland President Muse Bihi Abdi says the country’s Red Sea access deal with Ethiopia will help secure the Gulf of Aden and Red Sea from Houthi rebel attacks;

26 May 2024 Dar es Salaam (Tanzania) Trade Arabia. Omani energy company ARA Petroleum announces that its joint venture has secured a 25-year development licence from the Tanzanian energy ministry for the country’s largest onshore gas development, the Ntorya gas field;

25 May 2024 Addis Ababa (Ethiopia) Arab News. United Nations reports that 4.38 million people were displaced in Ethiopia between November 2022 and June 2023, largely due to conflict;

24 May 2024 Nairobi (Kenya) BBC. United States (US) President Joe Biden names Kenya as a major non-North Atlantic Treaty Organization (NATO) ally, the first sub-Saharan African country to receive this designation;

24 May 2024 Nairobi (Kenya) The East African. Energy and Petroleum Regulatory Authority director general Daniel Kiptoo says Kenya is in talks with Uganda to end their electricity exchange agreement in favour of a Power Purchase Agreement (PPA) to meet local demand;

24 May 2024 Dar es Salaam (Tanzania) IPP Media. Prime minister Kassim Majaliwa launches a two-day Tanzania-Uganda Business Forum, dedicated to enhancing economic and investment ties between the two countries;

23 May 2024 Brussels (Belgium) Daily News. Tanzania’s embassy in Brussels announces that the European Union has pledged to provide Tanzania with a €4m ($4.3m) grant to fund surveying and research of minerals in the country;

23 May 2024 Kinshasa (DRC) News24. President Felix Tshisekedi has a phone call with United States (US) secretary of state Antony Blinken who assures Tshisekedi of the US’ collaboration with Congolese authorities regarding the participation of alleged US citizens in the recent coup attempt;

23 May 2024 Addis Ababa (Ethiopia) Borkena. International Finance Corporation (IFC) reveals plans to loan Safaricom Ethiopia an additional $350m to support its expansion of telecommunications and mobile money services in Ethiopia;

22 May 2024 Kinshasa (DRC) Reuters. National assembly elects Vital Kamerhe as speaker, making him the number two authority behind President Felix Tshisekedi;

22 May 2024 Cairo (Egypt) Daily News Egypt. Prime minister Mostafa Madbouly meets with Tanzania’s parliamentary speaker, Tulia Ackson, to discuss bilateral relations and the progress of the Julius Nyerere Dam, a major Tanzania hydropower project being implemented by an Egyptian cohort;

22 May 2024 Addis Ababa (Ethiopia) Xinhua. Government announces that the economy is on track to grow 7.9% in the current Ethiopian 2023/2024 financial year which began on 8 July;

22 May 2024 Nairobi (Kenya) The Africa Report. Kenya Pipeline Company (KPC) CEO Joe Sang says a deal with Rwanda for Rwanda to import its oil via Mombasa port, and not Tanzania, could be finalised in the coming months;

22 May 2024 Dar es Salaam (Tanzania) The East African. State-run National Food Reserve Agency (NFRA) signs an agreement with Democratic Republic Congo’s (DRC) Quincy Company to sell 500,000 tonnes of maize to DRC;

21 May 2024 Dar es Salaam (Tanzania) The Citizen. Canadian firm Rocky Mountain GTL reportedly plans to build a $420m plant in Tanzania to produce diesel and jet fuel from natural gas with company representatives visiting Tanzania in April and meeting with government officials to discuss investment opportunities;


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ARC East Africa Weekly Chronology 23 – 29 May 2024_