ILAM Fahari I-REIT Unitholders approve proposed operational restructuring

…Restructuring to pave the path for strategic growth and enhanced value. ILAM Fahari Real Estate Investment Trust unitholders have approved the proposed operational restructuring and the delisting of the REIT from the main investment market segment of the Nairobi Securities Exchange (NSE). The unitholders approved all the resolutions recommended by the REIT Manager and approved […]

Kenya Pipeline, KICC Among 11 State Entities Set to be Privatized

The government has listed 11 state companies for privatization in line with the Privatization Act 2023. In a statement on Monday, National Treasury CS Prof Njuguna Ndung’u asked Kenyans to share their concerns on the Privatization Programme before close of business today. “Pursuant to the Constitution, the Privatization Act 2023 and all other relevant legislation, […]

Sierra Leone President Says Calm Restored, Most Leaders Of Barracks Attack Detained

Sierra Leone President Julius Maada Bio said most of the leaders of an attack on a military barracks in the capital Freetown earlier on Sunday had been arrested, adding that security operations and an investigation were ongoing. “We will ensure that those responsible are held accountable,” Bio said on national television. “As your commander-in-chief, I […]

Gazprom enters deal on construction of pipeline in Far East to supply gas to China

Gazprom, a Russian majority state-owned multinational energy corporation, recently announced the signing of an agreement with China National Petroleum Corporation (CNPC) and China Oil & Gas Pipeline Network Corporation (PipeChina) in St. Petersburg for clean energy development. The deal involves agreement on the design and construction of a pipeline section in the Far East, which […]