AGP Executive Report
Last update: 38 minutes agoDangote Lamu Refinery: Aliko Dangote says Africa could be mostly fuel self-sufficient by 2030 and insists Kenya’s Lamu refinery will proceed despite a court land dispute, adding he’s ready to face legal challenges and may cut ownership to 25% as Africans buy shares. Capital Markets: The NSE and CMA plan a legal route for Kenyans to invest in Dangote’s IPO via GDRs, with talks on opening the offer to Kenyan investors in early October. Court Status Quo: Kenya’s Malindi court ordered parties to maintain the “status quo” on refinery land until an Oct 14 hearing, potentially affecting site activities even as officials push ahead. Diaspora Services: DCI outlined how Kenyans abroad can apply for a Certificate of Good Conduct through eCitizen, then capture fingerprints at a Kenyan embassy/consulate. Regional Energy Trade: Rwanda received its first 40,000-tonne fuel cargo through Mombasa under a new Kenya-Rwanda deal. Mobile Money Rules: A new National Payments Systems Bill would allow M-Pesa and Airtel Money to invest customer deposits in government securities and interest-bearing accounts. County Fiscal Watch: SRC suspended new pay structures for county officials after warning wage bills exceed 35% of ordinary revenue.
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