ARC East Africa Weekly Chronology

28 Sep – 4 Oct 2022

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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.

4 Oct 2022 Addis Ababa (Ethiopia) Reuters. African Union invites Ethiopia‘s government and rival Tigray forces to peace talks in South Africa this weekend aimed at ending a two-year conflict;

4 Oct 2022 Nairobi (Kenya) Bloomberg. President William Ruto urges Africa to embrace renewable energy, breaking ranks with continental peers that are pressing ahead with plans to develop natural gas resources;

4 Oct 2022 Nairobi (Kenya) Ecofin Agency. Government regains full control over Telkom Kenya after paying out KES 6.09 billion ($50.3m) for the 60% majority stake held by United Kingdom-based investment firm Helios Investment Partners;

4 Oct 2022 Dar es Salaam (Tanzania) Mining Weekly. Africa-focused mining investment company Marula Mining enters into a binding heads of agreement with Tanzanian mining company Takela Mining Tanzania and secures a 49% commercial interest in the Kinusi copper mining project;

4 Oct 2022 Kampala (Uganda) Kampala Sun. Uganda Defense Forces says President Yoweri Museveni‘s son, Muhoozi Kainerugaba – widely seen as a possible successor to the president – has been promoted to general;

3 Oct 2022 Asmara (Eritrea) Mining Weekly. Fertiliser exploration company Danakali announces the potential sale of its 50% interest in the Colluli sulphate of potash project in Eritrea for $166m before tax;

3 Oct 2022 Nairobi (Kenya) Daily Nation. Cabinet approves the commercialisation of genetically modified maize, allowing open cultivation and importation to help revamp agricultural production and manufacturing sectors;

1 Oct 2022 Bujumbura (Burundi) IMF. International Monetary Fund staff conclude a visit to Burundi, saying the economy remains resilient, although facing headwinds from the effects of the war in Ukraine, and that real GDP is projected to continue to grow in 2022 and beyond;

1 Oct 2022 Addis Ababa (Ethiopia) The EastAfrican. Ethiopian and Somalian governments say they will work together to protect each other’s territories, including requesting the United Nations Security Council to lift an arms embargo on Mogadishu;

30 Sep 2022 Nairobi (Kenya) The EastAfrican. President William Ruto instructs the finance ministry to cut 300 billion shillings (KSh) ($2.5 billion) from annual government spending this year, to bring the country “back to sanity”, and revives a proposal to impose higher taxes on Kenya‘s super-rich;

30 Sep 2022 Dar es Salaam (Tanzania) The Citizen. European Union (EU) head of delegation to Tanzania and the East African Community, Manfredo Fanti, expresses the EU’s standing in the ongoing construction of the East African Crude Oil Pipeline project impasse following the 14 September resolution by the EU parliament condemning the project on claims of environmental concerns and negative effect to human life;

29 Sep 2022 Addis Ababa (Ethiopia) AFP. Trade ministry says fuel prices rose by approximately 20%, in the second such increase in less than three months as the government lifts fuel subsidies;

29 Sep 2022 Dar es Salaam (Tanzania) The EastAfrican. Tanzania and the United Arab Emirates sign an agreement to remove double taxation hurdles in trade between the two countries;

28 Sep 2022 Addis Ababa (Ethiopia) BBC. Satellite images show a build-up of troops and military hardware along Ethiopia‘s border with Eritrea, giving a rare glimpse into the resurgence of fighting in northern Tigray region;

28 Sep 2022 Asmara (Eritrea) AFP. United States blames Eritrea for playing a central role in the resumption of conflict in Ethiopia‘s Tigray region and called for Eritreans to “withdraw to their borders immediately“.


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East Africa Weekly Chronology – 28 Sep- 4 Oct 2022