ARC East Africa Weekly Chronology
29 February-6 March 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.

5 Mar 2024 Kinshasa (DRC) The Peninsula. President Felix Tshisekedi leaves Doha (Qatar) after a working visit to meet with the Emir of Qatar, Tamim bin Hamad Al Thani;

5 Mar 2024 Nairobi (Kenya) Reuters. The Stanbic Bank Kenya Purchasing Managers’ Index (PMI) increases to 51.3 in February from 49.8 in January, signaling that the private sector recorded its first expansion since August;

5 Mar 2024 Nairobi (Kenya) AP. Police confirm two planes collided midair above the Nairobi National Park, killing two people;

5 Mar 2024 Kampala (Uganda) Bloomberg. Bank of Uganda (central bank) says it will hold an unscheduled meeting on 6 March after the Ugandan shilling fell to a record low of 3,957.50 per United States dollar;

5 Mar 2024 Djibouti (Djibouti) Reuters. Container group MSC says its MSC Sky II was hit by a missile near Aden (Yemen) and will continue its  journey to Djibouti for further assessment;

4 Mar 2024 Addis Ababa (Ethiopia) Bloomberg. United States expresses concern over continuing human rights abuses in Ethiopia that may impact its ability to secure funding from multilateral lenders;

4 Mar 2024 Nairobi (Kenya) CBK. Central Bank of Kenya (CBK) says its Monetary Policy Committee (MPC) will hold its next rate-meeting on 3 April;

4 Mar 2024 Kigali (Rwanda) The East African. World Bank projects Rwanda’s economy will grow 7.2% between 2024 and 2026 driven by tourism, new construction projects and increased manufacturing activities;

4 Mar 2024 Arusha (Tanzania) CGTN Africa. Somalia is formally admitted into the East African Community (EAC) with its deposit of the instrument of ratification on the treaty of accession at the EAC headquarters in Arusha;

4 Mar 2024 London (United Kingdom) Financial Times. The House of Lords votes for five amendments to prime minister Rushi Sunak’s controversial asylum bill that involves sending asylum seekers to Rwanda;

3 Mar 2024 Goma (DRC) Africanews. Chiefs of defence staff of the Southern African Development Community (SADC) hold a high-level meeting in Goma to discuss ongoing operations in the region and strategies to improve;

3 Mar 2024 Dar es Salaam (Tanzania) The Citizen. Foreign affairs minister January Makamba clarifies that the East African Community (EAC) single currency will be finalised by 2031, despite earlier reports showing a proposed specimen of the currency;

2 Mar 2024 Addis Ababa (Ethiopia) The East African. Prime minister Abiy Ahmed signs a series of bilateral agreements with Tanzania’s President Samia Suluhu Hassan in the fields of agriculture, trade, energy and air transport;

2 Mar 2024 Nairobi (Kenya) The Standard. President William Ruto and Haitian prime minister Ariel Henry sign an agreement that paves the way for the deployment of Kenyan police officers to Haiti under a mission with the United Nations;

2 Mar 2024 Dar es Salaam (Tanzania) The Citizen. United States (US) warns Tanzania of a likely exodus of investors in its LNG project if it continues to face delays over negotiation technicalities;

1 Mar 2024 Nairobi (Kenya) The East Africa. European Parliament endorses the European Union (EU)-Kenya Economic Partnership Agreement, paving way for heads of state and government to give final approval;

1 Mar 2024 Dar es Salaam (Tanzania) The Citizen. Finance minister Mwigulu Nchemba, says he is confident that the supply of dollars in Tanzania will stabilise once mega projects are operational, easing the pressure of importing necessary equipment;

1 Mar 2024 London (United Kingdom) Africanews. Spending watchdog, the National Audit Office (NAO), says the UK will pay Rwanda at least $470m as part of its plan to send asylum seekers to Rwanda;

29 Feb 2024 Bujumbura (Burundi) Africanews. Army officials confirms that it has detained dozens of soldiers who refused to deploy to eastern Democratic Republic of Congo (DRC) to fight against M23 rebels;

29 Feb 2024 Kinshasa (DRC) Le Monde. Foreign affairs minister Christophe Lutundula calls for international sanctions against Rwanda, reiterating DRC’s stance that Rwanda is supporting the M23 rebels;

29 Feb 2024 Asmara (Eritrea) VOA. United Nations Human Rights Council hears reports from experts who warn that Eritrea maintains an iron grip on citizens through repression and widespread, systemic impunity for grave human rights violations;

28 Feb 2024 Kinshasa (DRC) The East African. President Felix Tshisekedi says he is willing to meet with his Rwandan counterpart, Paul Kagame, over the ongoing tensions between the two countries and the instability in eastern DRC;

28 Feb 2024 Nairobi (Kenya) Africanews. President William Ruto hosts Ethiopia’s prime minister, Abiy Ahmed, marking Abiy’s first visit to Kenya since 2020;

28 Feb 2024 Dar es Salaam (Tanzania) Bloomberg. Tanzania is reportedly delaying key agreements needed to realise a $42 billion liquefied natural gas plant, slowing a project that developers, Norway-based Equinor ASA and British-based Shell, warn has limited time to become a reality before demand for fossil fuels begins to wane;

28 Feb 2024 Kampala (Uganda) DW. International Criminal Court awards victims of former Lord’s Resistance Army (LRA) commander Dominic Ongwen over $56m in compensation;

28 Feb 2024 Kampala (Uganda) Monitor. Uganda registers the highest trade surplus with DRC, $53.07m, in the East African Community (EAC);


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ARC East Africa Weekly Chronology 29 Feb – 6 Mar 2024