GLOBEALERT

Feed

Open sources, classified and cross-checked. 25+ stories.

BUSINESS6d agoAfter Kenya, Uganda opens Dangote refinery IPO to domestic investorsUganda's Capital Markets Authority on Tuesday approved the participation of its domestic investors in the Dangote Petroleum Refinery's initial public offering.Africanews [en]
BUSINESSOct 7Bhubaneswar-based CSM Technologies deploys royalty management system for Kenyan mineral sectorSince natural wealth has huge public value impacting future generations of a nation, it is important to build a transparent and technology-driven royalty administration system, says CSM MD Priyadarshi PanyThe Hindu
BUSINESSOct 2Kenyan herders angry about local CO2 project by Netflix and MetaIn Kenia spannen herders een rechtszaak aan tegen een project van grote westerse bedrijven. Lokale gemeenschappen in het Afrikaanse land zeggen dat ze door de bedrijven de controle over hun grond verliezen. De onvrede onder herders is ontstaan door een regeling voor bedrijven om zogenoemde koolstofkredieten te kopen. De bedrijven, waaronder Netflix, Meta, British Airways en Beiersdorf betalen geld aan een organisatie in Kenia, waardoor ze op papier een kleinere CO2-uitstoot hebben. Hoe werkt een koolstofkrediet? Voor elke ton CO2 die niet de lucht in gaat, kunnen landen en bedrijven een bewijsNOS Buitenland
BUSINESSOct 2Residents of Kenya's Lamu island fear damage from mega-refineryThe Kenyan island of Lamu is known for its stunning Indian Ocean setting and 12th-century Old Town. Cars are non-existent here and transport mostly happens by donkey. But the island is about to become home to one of Kenya’s largest industrial projects, raising fears of environmental damage.Africanews [en]
BUSINESSOct 2Dangote Says Kenya Refinery To Be Ready In 2030 , Urges Playdown Of ProtestsDangote has announced its Kenya refinery is projected to be operational by 2030, while also urging for a reduction in protests. This indicates a significant business investment with a political dimension concerning local unrest.leadership.ng · Nigeria
BUSINESSOct 1Kenya breaks ground on $16bn refinery as environmental concerns growEast Africa is accelerating its push for greater energy independence with a new $16 billion refinery in Kenya – but the project is raising fears over the environmental cost of an expanding oil economy.RFI [en]
BUSINESSSep 30African leaders herald $16B Dangote oil refinery in KenyaAn oil refinery on Kenya's coast is expected to be completed in 40 months, and will process an estimated 700,000 barrels of oil per day. Africa's richest man, Aliko Dangote, will lead the project.DW News [en]
BUSINESSSep 30Dangote, Ruto to launch $16 billion Kenya refinery amid land protestsNigerian billionaire Aliko Dangote and Kenyan President William Ruto are set to launch a $16 billion oil refinery in Lamu, Kenya, amid protests and legal challenges over land acquisition, compensation, and environmental concerns. The post Dangote, Ruto to launch $16 billion Kenya refinery amid land protests appeared first on Premium Times Nigeria.Premium Times
BUSINESSSep 30Kenya refinery ‘new chapter in Africa’s industrial journey’ – DangoteThe new $16-billion oil refinery project being launched on the Kenyan coast on Wednesday shows that Africa is in charge of its own industrialisation, its builder Aliko Dangote said at the ceremony. The post Kenya refinery ‘new chapter in Africa’s industrial journey’ – Dangote appeared first on Vanguard News.Vanguard Nigeria
BUSINESSSep 30Africa's richest man to launch Kenya oil refinery despite land protestsThe Kenya refinery is part of Dangote's ambitious bid to expand and help industralise Africa by 2030.BBC World
BUSINESSSep 30Aliko Dangote to launch Kenya's largest infrastructure projectLa raffinerie du Kenya s'inscrit dans le cadre du projet ambitieux de Dangote visant à se développer et à contribuer à l'industrialisation de l'Afrique d'ici 2030.BBC Afrique
BUSINESSSep 30Dangote to launch $16bn refinery in KenyaAfrica's richest man was set to break ground on a new $16 billion mega-refinery in Kenya on Wednesday that he says will mark a vital step towards the continent's self-sufficiency in fuel. The post Dangote to launch $16bn refinery in Kenya appeared first on Vanguard News.Vanguard Nigeria
BUSINESSSep 30All Set As Dangote $16bn East Africa Refinery Groundbreaking Holds In KenyaSpeaking to reporters in Nairobi on Tuesday, Africa’s richest man said he saw it as part of efforts to stop the continent exporting raw materials and start selling finished products. The post Dangote $16bn East Africa Refinery Groundbreaking Holds In Kenya appeared first on Channels Television.Channels TV
BUSINESSSep 29AEC backs Dangote Kenya Refinery amid land disputeBy Udeme Akpan, Energy Editor The African Energy Chamber (AEC) has backed the planned 700,000 barrels-per-day Dangote refinery in Lamu, Kenya, amid a court order temporarily restricting activities on the land earmarked for the project. The Malindi Environment and Land Court issued an interim order directing parties to maintain the status quo on the land […] The post AEC backs Dangote Kenya Refinery amid land dispute appeared first on Vanguard News.Vanguard Nigeria
BUSINESSSep 28Dangote Refinery a masterpiece of science, engineering, art – Kenyan President“I always know Nigerians to be very great people, very aggressive go-getters. But I didn’t anticipate that it was at this scale,” Mr Ruto said. The post Dangote Refinery a masterpiece of science, engineering, art – Kenyan President appeared first on Premium Times Nigeria.Premium Times
BUSINESSSep 27How Kenya’s sacred Mrima Hill became new front in US-China minerals rivalryMrima Hill, a sacred site about 65km (40 miles) southwest of Mombasa on Kenya’s Indian Ocean coast, is emerging as a new front in the US-China rivalry for critical minerals. US-led and Chinese bidders are competing for rights to develop the site, which is rich in rare earths and niobium, a metal used to make steel stronger and lighter. American officials have offered to support Kenya’s development of its domestic critical minerals processing industry as Washington seeks to challenge Beijing’s...South China Morning Post
BUSINESSSep 25Vietnam, Pakistan, Kenya… Faced with surging fuel prices, anger is spreading everywhere in the worldRÉCIT - Les gouvernements sont confrontés à un choix difficile pour aider leurs concitoyens et sauver leur économie : subventions, prix plafonnés, aides ciblées ou baisses de taxes…Le Figaro International
BUSINESSSep 24Kenya Announces Eight New Business Opportunities from UNGA EngagementsKenya has announced eight new business opportunities stemming from its engagements at the UN General Assembly. This indicates potential economic growth and international partnerships for the country.kenya-today.com · Kenya
BUSINESSSep 24Why is Kenya turning against Tata Chemicals in Magadi?A century-old industry faces a reckoning over regulation, jobs and local benefits.Al Jazeera [en]
BUSINESSSep 23Access Bank Kenya’s assets, liabilities to be transferred to National Bank of Kenya“The transfer shall take effect upon the completion of the transaction in accordance with the terms of the Business and Assets Transfer Agreement between the parties,” the statement noted. The post Access Bank Kenya’s assets, liabilities to be transferred to National Bank of Kenya appeared first on Premium Times Nigeria.Premium Times
BUSINESSSep 23Vodacom-Safaricom: diving into the heart of controversies surrounding the sale of the Kenyan flagshipLa Haute Cour du Kenya a annulé la vente d’une participation de 15 % dans Safaricom à Vodacom, jugeant le processus inconstitutionnel. Un verdict qui relance le débat sur la transparence et le prix de la cession.Jeune Afrique
BUSINESSSep 22Kenya SEZ model puts SA industrial logistics sector on the back footKenya's Special Economic Zone (SEZ) model is creating challenges for South Africa's industrial logistics sector. This article discusses regional economic competition and its effects.businessday.co.za · South Africa
BUSINESSSep 22Emirates and the Kenya Tourism Board sign partnership agreement to drive inbound tourismEmirates and the Kenya Tourism Board have entered into a partnership agreement to boost inbound tourism. This represents a business collaboration aimed at increasing travel to Kenya.businessghana.com · Ghana
BUSINESSSep 18Teleperformance Kenya faces allegations over workers’ rightsThe company has three months to engage in mediation. If no agreement is reached, the organisations say they could take the case to a French court.Africanews [en]