Trump’s Triumphant Turnover: What Donald Trump’s Presidential Victory Means for East Africa’s Future
Donald Trump has returned to the White House with an emphatic victory over his opponent – now outgoing Vice President Kamala Harris. This victory has been secured while embroiled in countless lawsuits, convictions, two doses of impeachments and dodging several assassination attempts. Meanwhile, civilians across the region await what the 45th and 47th President of the United States of America has in store for East Africa.
Unlocking Regional Liquidity: Emerging Opportunities in East Africa’s Public and Private Capital Markets
This report examines the current state and prospects of public and private capital markets in East Africa. It highlights the historical development of the markets in Kenya, Uganda, Rwanda and Tanzania, analyses their performance and identifies key trends hampering their continued growth.
Crude Ambitions: The Financing Hurdles Facing East Africa’s Crude Oil Pipeline
In 2006, Uganda found significant natural reserves near the country’s border with the Democratic Republic of Congo in the form of expansive crude oil deposits. In a bid to achieve the government’s aim of first oil output in 2025, TotalEnergies, CNOOC, along with the Ugandan and Tanzanian governments, are collaborating on a significant infrastructure project - the East African Crude Oil Pipeline (EACOP).
East Africa’s Growth & Investment Landscape: A Look at 2024’s Third Quarter for the Region’s Biggest Players
With the projected growth acceleration of 1.6% points in 2024 from 3.5% in 2023, East African countries have positive forecasts for their economic growth. In particular, four economies – Ethiopia, Kenya, Tanzania and Uganda – already account for around 84% of the region’s output.
The State of Startup Financing in East Africa: The Unique Challenges and Opportunities Faced in Africa’s Startup Capital
As startups grow in the region, their increasing prevalence suggests an upward trend for the foreseeable future. Therefore, their financing is increasingly becoming an important point of interest for both investors and entrepreneurs.
Unveiling Mozambique’s Enormous Tuna Bonds Scandal: A Shocking $11 Billion Dollar Fishing Tale's Lessons for Financial Governance in Africa
In 2013, Mozambique created three public companies – Ematum, Proindicus, and Mozambique Asset Management (MAM) – which would later become known as the ‘tuna bonds.’ Substantial funds were diverted through corrupt practices involving government officials and businessmen: a whopping ~$11 billion.
Kenya’s Crucial Crossroad for its Unbounding Debt Burden: An Interrogation of Kenya’s Concerning Debt Situation
When asked to estimate how much of Kenya’s debt can be attributed to corruption, Kenya’s former auditor general, Edward Ouko, said: ‘You are asking me a ballpark calculation? I think it is about 50%.’
Leveraging Debt Restructuring Tools for Sustainable Economic Recovery in Africa
The economic landscape of Africa is characterised by complex challenges, including high levels of indebtedness and limited access to financing. Effective debt restructuring mechanisms are essential for promoting sustainable development and mitigating financial risks.
Infrastructure Investing: A Primer for African Markets
Africa as a continent requires substantial investment in infrastructure projects to create real and sustained value as these ensure essential processes like industrialisation and urbanisation can be leveraged. However, one of the key questions underpinning this infrastructure challenge is how to finance these projects.