Consumers in Kenya hit by fuel and electricity cost shocks

Kenya’s economic situation deteriorated further as consumers woke up to a record increase in fuel and electricity prices in the same week that the nation’s new leader, President William Ruto, was sworn in. The record-high fuel surcharge comes at a time when the government and the International Monetary Fund have agreed to end the fuel subsidies that have been…

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What the Nigeria-Morocco Gas Pipeline Project will do for Africa

The Nigeria-Morocco Gas Pipeline Project is an initiative of the Federal Government of Nigeria and the Kingdom of Morocco. The Group Chief Executive Officer of the Nigerian National Petroleum Company Ltd, Mele Kyari, on Thursday said the Nigeria-Morocco Gas Pipeline Project will create wealth, and improve the standard of living of countries with the African region. Mr Kyari said…

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What the Nigeria-Morocco Gas Pipeline Project will do for Africa

The Nigeria-Morocco Gas Pipeline Project is an initiative of the Federal Government of Nigeria and the Kingdom of Morocco. The Group Chief Executive Officer of the Nigerian National Petroleum Company Ltd, Mele Kyari, on Thursday said the Nigeria-Morocco Gas Pipeline Project will create wealth, and improve the standard of living of countries with the African region. Mr Kyari said…

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Tanzania has the lowest fuel prices in the region

This is the first time in some regions like Dar es Salaam that fuel price hits Sh3000 per litre While subsidies introduced by the government earlier this year have helped to ensure that fuel in Tanzania is cheaper than in any other East African Community member state with the exception of DR Congo, experts have called for more sustainable…

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Tanzania has the lowest fuel prices in the region

This is the first time in some regions like Dar es Salaam that fuel price hits Sh3000 per litre While subsidies introduced by the government earlier this year have helped to ensure that fuel in Tanzania is cheaper than in any other East African Community member state with the exception of DR Congo, experts have called for more sustainable…

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EU seeks to delay Uganda’s oil pipeline works

The vote by a majority of the EU Parliament came hours after Uganda’s MPs had labeled an earlier move to block the project as racist and imperialistic. The European Union (EU) lawmakers yesterday voted by a majority of 334 to pass the resolution that seeks to compel Uganda, Tanzania and the Total Energies SE to delay development of the…

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Angola’s Lourenco is to be sworn in after disputed win

Angolan President Joao Lourenco is to be sworn in for a second term on Thursday amid tight security after a disputed electoral win last month. The inauguration will be held on the historic palm tree-lined Praca da Republica square in the centre of the capital, Luanda. Security forces set up a heavy cordon around the venue ahead of the…

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Angola’s Lourenco is to be sworn in after disputed win

Angolan President Joao Lourenco is to be sworn in for a second term on Thursday amid tight security after a disputed electoral win last month. The inauguration will be held on the historic palm tree-lined Praca da Republica square in the centre of the capital, Luanda. Security forces set up a heavy cordon around the venue ahead of the…

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Pundits hail Samia’s AfCFTA wake-up call

Analysts have lauded President Samia Suluhu Hassan’s speech at the African Continental Free Trade Area (AfCFTA) Forum on Youth and Women Inclusion in Trade, saying it was timely and ‘a wake-up call’. Delivering her speech in Dar es Salaam on Tuesday, President Samia challenged women and youth in Africa to take advantage of available resources in improving and strengthening…

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