ARC East Africa Weekly Chronology

7 Sep – 13 Sep 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.

13 Sep 2022 Luanda (Angola) Bloomberg. Inflation drops below 20% in August for the first time in more than two years, paving the way for the central bank to start cutting interest rates;

13 Sep 2022 Cairo (Egypt) AP. Egypt, the host of this year’s upcoming UN-led climate conference, rejects reports by Human Rights Watch saying that authorities are stifling environmental activism as part of a broader crackdown on dissent;

13 Sep 2022 Nairobi (Kenya) Reuters. Chief justice Martha Koome leads the process to swear in William Ruto as Kenya’s fifth president, a week after the Supreme Court rejected a challenge by his defeated opponent, Raila Odinga, in a close-fought election that Ruto won by portraying himself as an underdog “hustler” battling the elite;

13 Sep 2022 Rabat (Morocco) Asharq Al-Awsat. Diplomatic sources reveal that King Mohammed VI has decided to participate in the Arab summit scheduled to be held in Algeria in early November despite current strained relations between Morocco and Algeria;

13 Sep 2022 Rabat (Morocco) Morocco World News. Canada-based mining company Aya Gold & Silver announces that it has signed a $6.5m investment deal with Morocco’s National Agency for Mines and Hydrocarbons;

13 Sep 2022 Nampula (Mozambique) AllAfrica. Insurgents have attacked two districts of Nampula province, Erati and Memba, in the past two weeks, in the biggest move south from Cabo Delgado;

13 Sep 2022 Lusaka (Zambia) Reuters. Multinational investment management and financial services company Morgan Stanley says investor losses after the restructuring of Zambia’s three defaulted Eurobonds are likely to be greater than expected, adding that a new combined ‘super bond’ maturing in 2029 was a possibility.


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East Africa Weekly Chronology – 7-13 Sep 2022