ARC East Africa Weekly Chronology
12-18 July 2023

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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.

18 Jul 2023 Addis Ababa (Ethiopia) Borkena. EthioTelecom CEO Frehiwot Tamiru appears in parliament to discuss internet restrictions as government lifts months-long restrictions on social media platforms and internet coverage across the country;

18 Jul 2023 Addis Ababa (Ethiopia) Borkena. Prime minister Abiy Ahmed claims that his administration had brought the national debt level down from 59% of the total GDP to 38%, however, internal and external debt is said to be up by about $3 billion this fiscal year;

18 Jul 2023 Nairobi (Kenya) Daily Nation. Kenya’s opposition plans a new wave of anti-government protests this week, increasing concern among local and international investors amid legal hurdles in enforcing new tax measures meant to help the country avoid a sovereign debt default;

18 Jul 2023 Dar es Salaam (Tanzania) The Citizen. World Bank tribunal, the International Centre for Settlement of Investment Disputes, orders the government to pay $109.5m to Australia-based mining exploration company Indiana Resources Ltd as compensation for breaching an obligation after it cancelled a nickel mining retention licence in 2018 ;

16 Jul 2023 Dar es Salaam (Tanzania) The Citizen. The government reports to have attracted over 20 companies that are set to invest over $20 billion in producing and selling carbon offsets, which is becoming a lucrative business in Tanzania;

14 Jul 2023 Victoria (Seychelles) Seychelles News Agency. Fisheries minister Jean Francois Ferrari signs the charter for the SADC Fisheries Monitoring Control and Surveillance Coordination Centre (MCSCC) as Seychelles prepares to partake in more regional cooperation in its fight against illegal, unreported, and unregulated fishing;

14 Jul 2023 Victoria (Seychelles) Seychelles News Agency. Investment, entrepreneurship and industry minister Devika Vidot urges the private sector to take advantage of opportunities provided by the new Sustainable Development Goals (SDG) investor map tool launched by President Wavel Ramkalawan;

13 Jul 2023 Kinshasa (DRC) Times of Zambia. Southern African Development Community (SADC) heads of state and government approve the legal and operational instruments for deploying its mission to the DRC at its latest summit;

13 Jul 2023 Dar es Salaam (Tanzania) The Citizen. Businessman Sayida Masanja sues Vodacom Tanzania Plc, alleging that the telecom giant shared his personal data with an artificial intelligence (AI) chatbot without consent;

12 Jul 2023 Dar es Salaam (Tanzania) The CitizenBank of Tanzania (central bank) awards African digital payments provider DPO Pay a licence to operate as a payment service provider in Tanzania;

 

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ARC East Africa Weekly Chronology 12 – 18 July 2023