ARC East Africa Weekly Chronology

29 June – 5 July 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.

5 Jul 2022 Luanda (Angola) abcnews. DRC’s President Felix Tshisekedi and his Rwandan counterpart, Paul Kagame, land in Angola for talks amid rising tensions between the two neighbouring countries;

5 Jul 2022 Kinshasa (DRC) Financial Times. DRC’s President Felix Tshisekedi warns that war could break out with neighbouring Rwanda unless it stops backing rebel groups fighting in eastern DRC;

5 Jul 2022 Djibouti (Djibouti) Energy Voice. Australia-based Fortescue Future Industries strikes new green hydrogen agreement with Djiboutigovernment, a major step towards Djibouti starting to produce green hydrogen;

5 Jul 2022 Addis Ababa (Ethiopia) Reuters. Prime minister Abiy Ahmed and the military leader of neighbouring Sudan say they have reached an agreement to peacefully settle all issues, following the most recent flare-up connected to a border dispute late last month;

5 Jul 2022 Kampala (Uganda) Monitor. Bank of Uganda (central bank) increases its key policy rate, the Central Bank Rate, to 8.5% from 7.5% to contain the rising inflation and to maintain stability of the economy;

4 Jul 2022 Dar es Salaam (Tanzania) Reuters. Tanzania signs agreement with Turkey-based construction industry-focused company Yapi Merkezi to build a $900m modern railway line as part of Tanzania’s efforts to upgrade transportation links and boost trade with its neighbours;

2 Jul 2022 Bujumbura (Burundi) Arc-en-Ciel. Burundi celebrates 60thindependence anniversary in capital Bujumbura with a military parade;

1 Jul 2022 Addis Ababa (Ethiopia) Capacity. Telecommunications company Safaricom says it may delay the launch of services in Ethiopia, originally expected in April, until the end of 2022;

1 Jul 2022 Nairobi (Kenya) The East Africa. Deputy president William Ruto unveils his long-awaited manifesto, pledging to bring down the cost of living in his first 100 days in office if he wins the 9 August presidential election;

1 Jul 2022 Kigali (Rwanda) The New Times. Rwanda recognises 60th independence anniversary, but does not celebrate to avoid excessive spending;

30 Jun 2022 Addis Ababa (Ethiopia) UNUnited Nations-appointed rights investigators announce that they have launched a probe into an alleged massacre of at least 200 people in Oromia region;

30 Jun 2022 Nairobi (Kenya) Bloomberg. Deputy president William Ruto dismisses comments by President Uhuru Kenyatta that Russia’s invasion of Ukraine is partly to blame for higher living costs, vowing to boost farming if he wins the presidency in August;

30 Jun 2022 Nairobi (Kenya) BloombergKenya National Bureau of Statistics data shows annual inflation accelerated to 7.9% in June from 7.1% a month earlier, exceeding the ceiling of the central bank’s target range for the first time in almost five years, increasing pressure on policy makers to hike the key interest rate;

30 Jun 2022 Dar es Salaam (Tanzania) The Citizen. President Samia Suluhu appoints Jacob John Mkunda as chief of defence forces, taking over from Venance Mabeyo, who has retired.


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East Africa Weekly Chronology – 29 Jun-5 Jul 2022