ARC East Africa Weekly Chronology
7-13June 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.

13 Jun 2023 Kampala (Uganda) Pulse. President Yoweri Museveni projects annual economic growth to reach between 6.5% and 7%, driven by manufacturing, oil and gas activity, and export growth, as the Ugandan economy shows signs of recovering;

12 Jun 2023 Mwanza  (Tanzania) The Citizen. President Samia Suluhu Hassan declares at a public rally that Tanzania remains one and united, an apparent reaction to politicians questioning why Zanzibar was not included in the Intergovernmental Agreement (IGA) on ports between Tanzania and the United Arab Emirates;

12 Jun 2023 Nairobi (Kenya) People Daily. A split emerges in the ruling Kenya Kwanza Alliance over the controversial Finance Bill 2023, a day before it is set to be debated in parliament;

11 Jun 2023 Addis Ababa (Ethiopia) Borkena. The 2023/24 Ethiopian budget allocates Br 50 billion ($910m) to the defence department and Br 20 billion ($364.1m) for the rehabilitation of institutions and services affected by the war in northern Ethiopia;

9 Jun 2023 Addis Ababa (Ethiopia) Reuters. United Nations (UN) World Food Programme (WFP) suspends food aid to Ethiopia citing widespread theft of donations, one day after the United States (US) announced the suspension of food aid via its Agency for International Development (USAID) programme;

8 Jun 2023 Victoria (Seychelles) Forbes. Seychelles blue bonds economic roadmap using an integrated approach to the sustainable development of ocean resources inspires its original investor Nuveen to consider investing further;

8 Jun 2023 Dar es Salaam (Tanzania) The CitizenTanzania Breweries Limited announces investment in a malting plant that is expected to boost the agricultural sector and improve the livelihoods of farmers by scaling up local purchases of barley from 5,000 tonnes to 12,000 tonnes and then 32,000 tons over five years once completed;

8 Jun 2023 Kampala (Uganda) MSN. Local doctors warn that Uganda is facing a surge of HIV infections as the strict new anti-LGBTQ+ law dissuades patients from getting treatment;

7 Jun 2023 Dar es Salaam (Tanzania) The Citizen. Dar es Salaam port stakeholders say Tanzania Ports Authority (TPA) was forced to refute claims that it was handing the port to Dubai-based DP World for 100 years as there is a lack of proper information on what will happen in the deal, resulting in misinformation;

 

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ARC East Africa Weekly Chronology 7 -13 June 2023