Pandora Papers will increase transparency, says Kenyan President
“President Uhuru Kenyatta, said the Pandora Papers will enhance financial transparency and openness in the East African nation and globally.”
East Africa
ADvTECH expands East Africa offering, acquires Kenyan school group Makini
In Kenya, ADvTECH is acquiring, subject to the fulfilment of conditions, the Makini group of schools, founded in 1978 by Dr Mary Okelo.
Solar power stored as Kenyan wildlife conservancy goes off-grid – 95% diesel cuts
SolarAfrica and Aquion Energy today announced a newly installed off-grid microgrid at the Loisaba Conservancy, a hub for wildlife research in Kenya, East Africa.
MTN, Lumos bringing pay-as-you-go power to the people of Africa, literally
Lumos plans to roll out its affordable solar-panel kits to East Africans living without electricity after supplying the home-power systems in Nigeria.
United Nations: Drought sees 14m face hunger in Southern Africa.
About 14 million people are facing hunger in Southern Africa because of a drought that has been exacerbated by an El Nino weather pattern.
Pope blasts Africa’s “entrepreneurial politicians” – by his humble example
In actions and words on his first tour of the world’s poorest continent, Pope Francis has sent a message to African leaders that they could do with less pomp and a bit more humility.
African pension funds growing at fast pace, creating local pools of investment capital
With pension funds in some parts of Africa growing at a remarkable pace, the continent has become its own biggest investor. This is according to RisCura’s 2015 Bright Africa report.
Obama on curse of corruption – annually costs Kenya 250 000 jobs, SA 1.5m?
United States President Barack Obama pulled no punches on Sunday when he criticised Kenya’s corruption, inequality and tribalism before a packed audience of about 6,000 people.
Tanzania signs investment deals with China worth over $1.7bn
Tanzania and China have signed investment deals to build a $1 billion satellite city and $500 million financial centre in the commercial capital Dar es Salaam, the latest sign of Beijing’s deepening ties with East Africa.
Uganda says oil revenue possible alternative to Chinese cash
Uganda could rely on income from future oil exports to finance an $8 billion railway if funding talks with China fail to bear fruit, its president said.