Via South China Morning Post, a report on a recently announced rail project in Uganda could have wide-ranging implications for neighbouring Kenya: A Ugandan construction deal could provide the impetus needed to see China hand over extra financing to a stalled rail project in Kenya, according to observers. On Monday last week, Uganda awarded Turkish construction firm Yapi […]
Read more »Via The Diplomatic Courier, an article on Kenya’s semiconductor ambitions: Kenya is the leader in Africa when it comes to manufacturing semiconductors, and given Africa regularly exports critical minerals for semiconductor production, Kenya and its trade partners could reap great benefits through expanded manufacturing capacity. To date, Kenya has struggled to attract enough investment to […]
Read more »Via Bloomberg, a look at the projected impact of climate change on Africa: Some countries are spending 9% of their GDP fighting extremes Adaptation will cost $30 billion to $50 billion yearly Climate change is causing weather extremes that have been costly for African economies, according to a report. Countries on the continent are losing […]
Read more »Via South China Morning Post, a report on how China’s Communist Party is building political schools, and influence, in Africa: Kenya’s ruling United Democratic Alliance is the latest African political party to benefit from China’s soft power push to promote its development model and ideology on the continent. UDA officials visiting China in May clinched a […]
Read more »Via Rest of World, a look at how – in just two years – M-Kopa has become the biggest financier for EVs in East Africa’s largest market: Two out of every three electric bikes running on Kenyan roads have been financed by M-Kopa. While M-Kopa has helped grow the industry, there are increasing concerns that […]
Read more »Courtesy of Nikkei Asia, an article on the growing EV market in emerging economies worldwide: Chinese electric-vehicle manufacturers Neta Auto and Xpeng Motors are ramping up their push into Africa, shifting their overseas strategies amid trade frictions with Europe. Neta, a brand developed by EV startup Hozon New Energy Automobile, opened a flagship store in […]
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