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In July, Kenya’s markets regulator licensed Shariah-compliant REITs, ESG-aligned advisors, and payroll-integrated fintechs in a…
When governments across East Africa talk about economic diversification, tourism invariably features in the conversation.…
In July, Kenya’s markets regulator licensed Shariah-compliant REITs, ESG-aligned advisors, and payroll-integrated fintechs in a…
In July, Kenya’s markets regulator licensed Shariah-compliant REITs, ESG-aligned advisors, and payroll-integrated fintechs in a single round, diversifying capital markets away from their historic dependence on sovereign debt and traditional bank intermediation. The regulator’s graduation of Power from the regulatory sandbox to a full ISPP…
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UAE has cemented its spot as the main refining, and export terminal…
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Kenya-DRC and Tanzania-DRC Corridors have been identified as the key links that…
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When governments across East Africa talk about economic diversification, tourism invariably features…
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UAE has cemented its spot as the main refining, and export terminal for DRC gold. Statistics show that while Rwanda gold exports skyrocket, DRC…
Tanzania has just passed mining tax exemption law binding the country to…
Kenya has awarded $1.2bn JKIA modernization contract to China’s CRBC, with the…
In a wide ranging interview, Ambassador Fred Ngoga Gateretse, who is the…
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Family Bank marks largest private-sector listing on the Nairobi Securities Exchange (NSE) in more than 17 years. On Tuesday, the…
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In what could easily be mistaken as a scene from the TV series Knight Rider, an autonomous bot delivery vehicle took to the streets of London.…
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The dam is to be built in six phases by either of two rival consortiums, one led by China’s Three Gorges Corporation which has said electricity could be generated within four to five years. A Spanish engineering giant Actividades de Construction Services (ACS), has suggested Inga 3 would take six years to build.
On completion, that complex is estimated to have an output capacity of 42 GW, generating more electricity than the world’s two biggest hydropower plants, Three Gorges on the Yangtze River in China (22.5 GW of generation capacity) and Itaipu in South America (14 GW of generation capacity), combined. This will make it the world’s largest power plant.
Displaced people
Inga III is expected to divert water and flood the Bundi Valley for use as a reservoir. This will displace over 35,000 people who may have to move in phase 1 and 25,000 people later, including many who Inga I and Inga II had already displaced.
Bundi Valley is historically home to sacred and ancestral sites, cemeteries and the disruption, loss of livelihood and identity are threatened by Inga III.
Industry & trade
Vivo Energy expands beyond Africa, entering the Middle East region with TotalEnergies…
Money Deals
Paris-based Kulipa’s seed round co-led by Flourish Ventures and 1kx will expand…
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In July, Kenya’s markets regulator licensed Shariah-compliant REITs, ESG-aligned advisors, and payroll-integrated…























































