ARC East Africa Weekly Chronology
28 March – 3 April 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.

2 Apr 2024 Kinshasa (DRC) Daily Maverick. South Africa’s National Prosecuting Authority (NPA) Asset Forfeiture Unit (AFU) obtains a preservation order for bank accounts and properties of former Brigadier Ngoy Timothee Makwamba, whom the DRC assigned as defence attaché to South Africa;

2 Apr 2024 Addis Ababa (Ethiopia) Bloomberg. International Monetary Fund (IMF) mission concludes a visit to Ethiopia without agreeing on a programme, saying it will extend talks later this month;

2 Apr 2024 Nairobi (Kenya) The Star. President William Ruto departs Kenya for a three-day state visit to Ghana;

2 Apr 2024 Nairobi (Kenya) Africanews. The Medical Practitioners, Pharmacists and Dentists Union holds a protest in Kisumu and convenes a general assembly in Nairobi as talks between the government and union continue after three weeks;

2 Apr 2024 Dar es Salaam (Tanzania) The Citizen. A new report indicates Tanzania recorded merger and acquisition deals worth $284.9m in 2023, placing it second behind Kenya in the region;

2 Apr 2024 Dar es Salaam (Tanzania) Daily News. Bank of Tanzania (BoT) (central bank) says it will announce the next central bank rates (CBR) on 4 April, having set its main interest rate at 5.5% in January;

1 Apr 2024 Addis Ababa (Ethiopia) Africanews. Foreign affairs minister Birtukan Ayano says that from early April Ethiopia will repatriate approximately 70,000 of its nationals living in Saudi Arabia;

1 Apr 2024 Asmara (Eritrea) APA News. As part of the commemoration of the 30th anniversary of ties, a Russian navy delegation arrives at the port of Massawa to meet with counterparts;

1 Apr 2024 Kinshasa (DRC) AP. President Felix Tshisekedi appoints Judith Suminwa Tuluka as DRC’s first female prime minister, fulfilling one of Tshisekedi’s campaign promises;

1 Apr 2024 Kigali (Rwanda) Africanews. The Liberal Party and Social Democratic Party endorse Rwandan Patriotic Front candidate President Paul Kagame for the July presidential election;

1 Apr 2024 Dar es Salaam (Tanzania) News Central TV.  All regions in Tanzania experience major power outages as the Tanzania Electric Supply Company (TANESCO) faces challenges in the national electricity grid transmission system;

1 Apr 2024 Kampala (Uganda) The East African. African Development Bank (AfDB) bans China Henan International Corporation Group for engaging in “fraudulent activity” in a project the AfDB is funding in Uganda;

30 Mar 2024 Arusha (Tanzania) The East African. Kenya and Tanzania agree to resolve at least 14 trade barriers that have stifled business between the two East African economies;

28 Mar 2024 Djibouti (Djibouti) Garowe Online. Djibouti and Kenya say they are working to mediate the conflict between Somalia and Ethiopia over their contentious port deal;

28 Mar 2024 Nairobi (Kenya) Reuters. Kenya and Uganda agree to import petroleum products through the Port of Mombasa, ending a months-long stalemate between the countries over the issue;

28 Mar 2024 Kigali (Rwanda) The East African. United Nations Human Rights Committee (UNHRC) calls on the United Kingdom (UK) to abandon its plans to deport refugees to Rwanda;

27 Mar 2024 Kinshasa (DRC) Global Coffee Report. Switzerland-headquartered Nespresso announces it will invest $20m to revive the specialty coffee industry in DRC;

27 Mar 2024 Addis Ababa (Ethiopia) Africanews. Commercial Bank of Ethiopia says it has recouped nearly 80% of the cash it lost during a glitch in its system that allowed customers to withdraw more money than they had in their accounts;

27 Mar 2024 Dar es Salaam (Tanzania) The Citizen. India, Mozambique and Tanzania hold a joint maritime exercise;

27 Mar 2024 Tabora (Tanzania) The East African. The East African Crude Oil Pipeline project (EACOP) inaugurates a coating plant that will prepare and insulate all the line pipes to be laid on the 1,443 km-long route from Hoima district in western Uganda to the Tanzanian port of Tanga;

 

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ARC East Africa Weekly Chronology 28 Mar – 3 Apr 2024_