Tim

Computer programming | Financial Markets | Data Analysis | RTs/Likes not endorsements.

[Citizen TV Kenya @citizentvkenya]

BREAKING: Kenya confirms first case of Ebola

CS Aden Duale: The Ministry of Health Kenya wishes to inform members of the public that it has confirmed the first case of Ebola. This patient is a Kenyan citizen who has been living in DRC

[State House Uganda @StateHouseUg]

President @KagutaMuseveni has returned following his working visit to Kenya, where he joined President William Ruto and other African leaders for the groundbreaking ceremony of the East Africa Oil Refinery in Lamu.

[State House Uganda @StateHouseUg]

President @KagutaMuseveni has departed for Mokowe in Lamu County, Kenya, for the groundbreaking ceremony of the Dangote East Africa Petroleum Refinery & Petrochemicals SEZ, a planned 700,000-barrel-per-day facility designed to boost Africa’s industrialization.

[Yoweri K Museveni @KagutaMuseveni]

I have departed for Mokowe, Lamu County, Kenya, for the groundbreaking ceremony of the Dangote East Africa Petroleum Refinery.

[Julians Amboko @AmbokoJH]

KCB Group announces plans to raise Kes 300.0 billion (US$2.32 billion) through a Medium-Term Sustainability Note Programme over the next 5 years.

The lender targets issuing green, blue & social bonds in raising this capital.

The lender has launched a Sustainability Bond Framework that has been reviewed by Moody's.

[Mrs B @attackdogX]

Animals are actually smarter than us because in their packs, they don’t allow the weaker or retarded ones to lead them.

[Dr. Eng. John Mativo CP³P @MativoMJohn]

Some key numbers to note:

1. 66% of Kenyan companies reported either they owned or shared back-up generators to mitigate against power outages.

2. There are 1,200-1,500no. Backup generators in the country. The aggregated capacity of standby generator in Kenya is approximately 417MW.
PS. Captive Power is +600MW.

3. Sub-Saharan Africa has an estimated 7 million back-up diesel generators consuming more than $20 billion in diesel per year.

Africa is bleeding and losing by having to use back-up diesel generators; sad, unnecessary and unfortunate

[Kve Bay @kvebay]

@Jasiri_Sierra The Kenya shilling had proper value then too. The slide to where we are now depicts how materially worse off we are. governance and corruption - despite having a relatively great system. 8-4-4 was a disaster. There was no need to change 7-4-2-3

[David Ndii @DavidNdii]

Higher education enrollment will double in next 5 years, from 1.2m to 2.5m. On current budget projections, funding gap will increase from Sh80b to Sh350b. Either we reduce numbers, underfund massively or finance differently. If you have ideas, we are all years.

[Joe Weisenthal @TheStalwart]

VICTOR NIEDERHOFFER WILL BE MISSED

In today's newsletter, I wrote about the time I unexpectedly was put on the official agenda of one of his parties, and how I witnessed firsthand the incredibly devoted community had built in real life and online.

RIP to a true New Yorker.

[Nathaniel Powell @natkpowell]

My latest piece on US intelligence collection in Africa in the 1970s and the limits of HUMINT (see link below).

[Dr. AK 🇮🇳 @docakx]

A 21-year-old woman took all 5 anti-rabies injections and rabies immunoglobulin after a dog bite. Still she died of rabies.

Here are the real reasons why the vaccine sometimes fails and what we must fix.

1. Stitching the bite wound

[Daily Nation @NationAfrica]

Kenya has received an unsolicited proposal to develop a Sh27.8 billion biotechnology and pharmaceutical manufacturing park at Konza Technopolis aimed at reducing the country’s heavy reliance on imported active pharmaceutical ingredients and finished medicines.

The park is expected to anchor Kenya's ambitions of becoming a regional pharmaceutical manufacturing hub.

Read more: https://t.co/KmgjgRzAuM

[Business Daily @BD_Africa]

Kenya drops US firm, plans 4-lane Nairobi-Mombasa road

The redesign marks a major policy shift from the previous proposal by American investor Everstrong Capital, which had sought to build a separate 419-kilometre greenfield expressway under a privately initiated proposal estimated to cost Sh468 billion.

More on: https://t.co/2jxWWZrPzI

[Firefox 🔥 @firefox]

We took time off of X, but we’re back. The internet is changing again, so we’re here as an independent voice for our users and the open internet.

[oc @OcornelsOnX]

America spent more than $6 trillion in WW II and is even spending more now through the department of War. If you think these countries are following the normal rules of economics, you're very delusional.

[Claude @claudeai]

We're introducing Claude for Teachers: free access to premium Claude capabilities for verified K-12 educators in the US, with a library of teaching skills and a direct connection to evidence-based curricula, mapped to academic standards in all 50 states.

https://t.co/5hZZijVPCV

[Charlie Robertson @CharlieTTEcon]

Some very generous tax and fuel incentives in Ethiopia played a big role, I was told. Plus good management focused on making money, not just providing jobs

https://t.co/XALWfObFJk

[Joe Weisenthal @TheStalwart]

Greenpeace is trying to stop Dangote from building a new $17B oil refinery in Kenya that would make the nation self-sufficient in fuel production and potentially unlock the economics for the long-planned Lamu Port-South-Sudan-Ethiopia Transport Corridor https://t.co/LRQ241FjLW

[Julians Amboko @AmbokoJH]

Former Central Bank of Kenya Governor, Prof. Njuguna Ndung'u, reflects on his fallout with the International Monetary Fund (IMF) over Kenya's monetary policy framework.

He makes the interesting case of the twin occurrence of high growth (>7.0%) & high inflation (13.0% - 14.0%) while the Fund's prescription was monetary tightening amidst static velocity of money.

"I told the IMF that I am not a spanner boy"

Credit: Central Bank of Kenya (@CBKKenya)