Kenya’s Port of Lamu has received a second shipment of heavy machinery for the planned $17 billion Dangote East African Refinery, as preparations for construction of the petroleum processing complex continue. The Port of Lamu in Kenya received its second shipment of heavy machinery for the $17 billion Dangote East African Refinery project. A total…
The world’s richest man, Elon Musk, has pledged to give every child in the United States a share in his aerospace company, SpaceX, in a move that echoes earlier initiatives by Africa’s richest man, Aliko Dangote, to extend corporate ownership to millions of Nigerian women and students. Musk’s pledge could benefit around 72 million American…
Burkina Faso has rewritten a 33-year-old law to prohibit the full or partial privatisation of state-owned enterprises classified as strategic, while giving the government greater authority to take stakes in private businesses considered essential to national interests. Burkina Faso passed a new law prohibiting the full or partial privatisation of state-owned enterprises deemed strategic. The…
