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Aliko Dangote, responding to the report that a Kenyan court has ordered a halt to construction, says this is normal in Africa and they don’t care, adding that this is a small issue. “In Senegal, they stopped our factory. We went to the Supreme Court… anyone who wants to cause trouble, we are ready,” he says.
Moe246,338 görüntüleme • 24 gün önce

Uganda President Yoweri Museveni says Uganda will proceed with plans to build a small oil refinery in the country. He says he supports the project but will not invest in it yet, despite the planned Lamu refinery in Kenya. (If Uganda does not invest in Kenya’s planned Lamu refinery, Kenya’s stake in the project will be more than 10%).
Moe115,325 görüntüleme • 23 gün önce

Africa’s richest man, Aliko Dangote, says the planned refinery is not just for Kenya. It is designed to serve much of East Africa and is expected to take less than four years to build, with groundbreaking expected in October. Here is a detailed thread on his recent BBC interview:
Moe126,659 görüntüleme • 2 ay önce

There are some notable warning signs around the developing El Niño, which is expected to strengthen between October and December 2026. According to NOAA: — More than 90% chance of a very strong El Niño — 69% chance it could be stronger than any El Niño recorded since 1950 — Pacific waters are already more than 2°C above normal in parts of the region — It could bring major shifts in rainfall, heat and storms across different parts of the world — If the Madden-Julian Oscillation aligns with El Niño, its effects could be amplified Credit:Weather With Travis / NOAA CPC
Moe69,526 görüntüleme • 2 ay önce

US Senator Bernie Sanders today announced the Ban Artificial Superintelligence Act. It proposes that all AI development in the United States will be paused. AI that currently matches or exceeds human cognitive performance will be banned. Violators will face 20 years in prison.
Moe48,669 görüntüleme • 1 ay önce

There is a new BullishBanter_Podcast episode on why everyone in Kenya is suddenly talking about stocks. Rufas Kamau ⚡ says Kenya’s market has become influencer-led, with people investing based on what influencers promote without doing their own research. He gives examples of how influencers are driving these trends. The KPC IPO was heavily marketed online, while influencers have also promoted infrastructure bonds, MMFs and specific stocks. Big shoutout also to BullishBanter_Podcast for mentioning us, and thank you for the recognition.
Moe24,991 görüntüleme • 1 ay önce
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At least two dead and many injured as Police shoot at peaceful protestors today. #RutoMustGo
Moe271,105 görüntüleme • 2 yıl önce