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Kenya prepares for court hearing into suspended Adani transmission deal

The $736m deal between Ketraco and Indian conglomerate Adani to construct a series of transmission lines and substations was suspended by the High Court in Nairobi in late October, after opponents argued it had been awarded under an opaque process. A hearing will be held on 11 November.

Issue 516 - 05 November 2024

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Frelimo clings on to power in Mozambique amidst political violence

The ruling Frente de Libertação de Moçambique (Frelimo) party and its candidate, Daniel Chapo, have been officially declared the landslide winners of Mozambique’s presidential and legislative polls by the Comissão Nacional de Eleições (CNE – National Elections Commission), after hotly contested and violent elections were held on 9 October. An already discredited electoral process was further undermined by the assassination of two opposition figures prior to the results being declared by the CNE.

A volatile situation is adding to investor jitters that could make financing Mozambique’s long-stalled plans to become a significant LNG exporter much more difficult, while more political turbulence beckons.

Issue 515 - 27 October 2024

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