Wednesday, January 22

Investing

Kenya-UAE economic agreement
  • Abu Dhabi is gearing up to invest in Kenya’s critical sectors including ports, logistics, agriculture and energy.
  • President William Ruto says the landmark deal will more than triple Kenya’s exports of meat products, fruits, vegetables, cut flowers, tea and coffee to the UAE.
  • Agreement also targets the services sector with Kenyan providers in education, transport, construction, and engineering now poised to have a better access to opportunities in the UAE.

Kenya-UAE economic relations are set to enter a new phase following the signing of a deal by authorities in the United Arab Emirates to invest heavily in the East African country’s critical industries including ports, logistics, agriculture and energy.

The agreement, dubbed Kenya-UAE Comprehensive Economic Partnership Agreement (CEPA), is set to redefine trade, investment, and economic partnerships between the two countries. CEPA is part of the Gulf nation’s initiative to step up its foreign investment portfolio, a program that saw …

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World Local Production Forum
  • The UAE will host the third World Local Production Forum from April 7–9, 2025, in Abu Dhabi, focusing on advancing health equity, global health security, and sustainable development.
  • The event, organized in partnership with the WHO, will gather over 4,000 participants to discuss innovation, technology transfer, and strategies for resilient healthcare systems.
  • Forum highlights the UAE’s leadership in healthcare innovation and its commitment to fostering sustainable health solutions.

The United Arab Emirates (UAE) is set to host the third edition of the World Local Production Forum (WLPF) from April 7 to 9, 2025, at the Abu Dhabi National Exhibition Centre (ADNEC).

Under the theme “Advancing Local Production for Health Equity, Global Health Security, and Sustainable Development,” the forum aims to bring together global leaders, policymakers, and industry experts to develop practical strategies for enhancing local production capacities in healthcare.

Hosting the WLPF underscores the UAE’s strategic role as a global …

Gunster Strategies Worldwide
  • Gunster Strategies Worldwide will host the “Stars and Stripes & The Union Jack” reception at the Hay-Adams Hotel, bringing together global leaders to celebrate the U.S.-UK special relationship and reinforce its role in global advocacy.
  • Nigel Farage, leader of Reform UK and a cornerstone figure in Brexit, will serve as the evening’s guest of honor.
  • With over three decades of experience, Gunster has built a legacy of shaping transformative campaigns across the globe.

As Washington, D.C., prepares for the historic 60th Presidential Inauguration, Gunster Strategies Worldwide is set to host an exclusive reception that promises to solidify its reputation as a leading force in global advocacy and strategic influence. The “Stars and Stripes & The Union Jack” event, to be held at the renowned Hay-Adams Hotel, will convene a remarkable roster of global leaders, policymakers, and industry titans to celebrate the enduring U.S.-UK “special relationship.” This occasion underscores Gunster Strategies’ …

AfDB green shares
  • AfDB’s “green shares” plan is poised to unlock financing for high-impact wind and solar power plants in Djibouti and Egypt and energy storage systems in Cabo Verde.
  • AFC expected to leverage green equity to mobilise debt funding from capital markets for on-lending to sub-projects in economies.
  • Financing is poised to create at least 1,600 full-time work opportunities by 2031.

The AfDB has set aside a $30 million equity investment in Africa Finance Corporation (AFC) aimed at implementing innovative “green shares”, an initiative that is structured to raise more resources for climate action projects in African economies.

According to the Pan-African lender, “green shares” are financial instruments that are expected to unlock critical financing for high-impact projects, including wind and solar power plants in Djibouti and Egypt and energy storage systems in Cabo Verde.

In the financing model, AFC is expected to leverage the green equity and mobilise debt …

Africa's natural resources
  • Will U.S. policies empower Africa’s sustainable development, or will they prioritize American interests at the expense of local communities and ecosystems in the next four years?
  • Africa’s vast mineral wealth makes the continent a focal point for global economic and strategic competition.
  • By encouraging African nations to process and refine their minerals domestically, the U.S. can help Africa can create jobs and enhance economic benefits.

Africa’s natural resources hold a key position in shaping the future of the global mining and energy industry. From critical minerals essential for modern technology to immense energy reserves, the continent is both an opportunity and a battleground for international players.

As Donald Trump assumes a second term as President of the United States in 2025, questions abound regarding his administration’s approach to Africa’s resource wealth. Will U.S. policies empower Africa’s sustainable development, or will they prioritize American interests at the expense of local communities …

Trump Biden Trump U.S.-Africa Relations
  • As President-elect Donald Trump, a man who once referred to Africa as ‘shithole countries,’ assumes office, the question remains: Can the U.S. move beyond gestures and deliver on its promises to Africa?
  • Under Democratic leadership, U.S. policy toward Africa has typically focused on programs aimed at long-term development, governance, and economic opportunities.
  • So far, however, decisively countering China’s growing economic presence in Africa has remained elusive, whether under Trump, Biden, or even Obama, a man who has Kenyan roots.

Africa has long been a continent of paradoxes for U.S. foreign policy, celebrated for its potential but too often neglected when it comes to sustained engagement. President-Elect Donald Trump’s first presidency brought this ambivalence to a head, marked by his infamous dismissal of African nations as “shithole countries.” Now, with Joe Biden having finally visited Angola at the tail-end of his term, many are left wondering whether U.S.-Africa relations are being …

money laundering
  • Six African nations ranked among the top 10 globally for money laundering and terrorism financing risk by the 2023 Basel AML Index.
  • Another 11 African countries are grey-listed by the Financial Action Task Force (FATF), including Kenya, Tanzania, and South Africa.
  • The overall economic ramifications of these crimes are staggering, from lost FDI to widespread inequality.

Money laundering, corruption, and terrorism financing are no longer hidden threats—they are destructive forces ravaging Africa’s economies.

With six African nations ranked among the top 10 globally for money laundering and terrorism financing risk by the 2023 Basel AML Index, the scope of the problem is frightening. Add to this the 11 African countries grey-listed by the Financial Action Task Force (FATF), including Kenya, Tanzania, and South Africa, and the stakes become even more urgent. Mineral-rich South Sudan and the Democratic Republic of Congo stick out like a sore thumb on this dirty list.…

Lobito Railway
  • The Lobito railway project is central to Biden’s inaugural visit to Africa.
  • President Biden seeks to enhance United States influence through the establishment of an additional rail connection to Zambia.
  • A primary reason for the investment is to secure access to Africa’s abundant mineral resources.

Lobito Railway Central to Biden’s Africa Visit

President Biden, undertaking the inaugural visit to Africa by a sitting U.S. president in nearly a decade, considers the trip as an opportunity to mitigate Chinese influence in the continent and gain access to essential minerals that are vital for transitioning the global economy away from carbon-based fuels.

Central to this initiative is the 1,100-mile Lobito railway, which historically facilitated the transportation of uranium from the Congo for the Manhattan Project. A $866 million upgrade is being implemented, with the objective of facilitating the transportation of minerals, including copper and cobalt, from Zambia and the Democratic Republic of …

d.light solar financing
  • With Acumen’s boost, d.light will speed up operations in Uganda, where about 2M people will access electricity for the first time.
  • By selling customer receivables to Brighter Life by d.light (BLd) upfront, d.light subsidiaries now have immediate cash flow, enabling them to scale at speed.
  • This funding model not only supports financial sustainability but also mitigates currency risks by conducting transactions in local currencies.

For solar-power equipment provider d.light, the journey to lighting homes across East Africa with reliable green energy is fast gaining momentum.

In the latest move, d.light has received a $5 million investment from Acumen’s Hardest-to-Reach (H2R) initiative. This funding is poised to enhance d.light’s presence in Uganda, Kenya and Tanzania.

Acumen’s investment in d.light’s multi-country receivables financing facility, Brighter Life by d.light (BLd), aims to expand energy access for underserved communities in East Africa, creating a huge impact on millions of lives.

Acumen’s H2R is a …

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