
D. Macharia 🔆⚡🔋🚘🚍
63.1K posts

D. Macharia 🔆⚡🔋🚘🚍
@DiMacharia_
Research, analyses and insights on #energy policy, risks and opportunities in Sub-Saharan Africa. Principal @Avena__



President Ruto this morning indicated that Kenya's FX reserves currently stand at 7.5 months of import cover. That's ~ US$3.5 billion higher than what the Central Bank printed in yesterday's release as the latest position (i.e. 6.0 Months of cover, US$14.02 billion worth of FX reserves) The partial divestiture from Safaricom Plc should be bringing in ~ US$1.9 billion to boost the current position but will still fall below 7.5 months of cover. Another divestiture with hard currency proceeds in the offing?











I might become a single issue voter this election, and it's that nuclear power plant that will make me one. I don't care who comes in next, as long as you can assure me you'll build those nuclear plants.



Kenya’s tea exporters face uncertainty due to the raging Iran war, which now risks disrupting supplies to key international markets as well as payments from buyers abroad. The Middle East is historically one of the largest markets for Kenyan tea and livestock products. Read more: zurl.co/8d27d




TRUMP: IRANIAN NEGOTIATORS BETTER GET SERIOUS SOON, BEFORE IT IS TOO LATE














