Hehehehe! I intentionally allowed some to comment about the pictures of the shipyard in Nigeria, as some thought it difficult for a Nigerian or Nigeria to build shipyard.
They don't know that the recession has reset Nigerians brain to diversify rather than wait oyel money.
Nigeria now manufactures vehicles, motorcycles, boats and SHIPS live and direct. We also built drones.
Hmmm! Somebody is doubting the drone can fly.
Ladies and gentlemen, I present to you drones built by the Nigerian airforce. Cheers!
MtuMsuper: I knew it the moment i saw it that these were fake a$$ photos of nigerian shipbuilding yards. 1 st picture Philly shipyard, Philadelphia, USA. 2nd picture is from the website of LADOL which is a Nigerian logistics company. Its not even a shipyard, it a berth!! 3rd picture is from Samboo ATC which is a South Korean shipbuilder based in Jeonbuk, South Korea. 4 th picture is from the Ericson Manufacturing Company, a electrical safety products based in willoughby, Ohio. They have a ship maintenance function.
Please, naijjans, these brazen lies take us nowhere. Shipbuilding ala South Korea or Denmark is a very competitive industry which few nations have the gall to compete with these two industry leaders. Small boat manufacturing is rife all over though. But please, spare us fake a$$ photos. Damn.
Hehehehe! The pictures where all gotten from captions of the shipyard in Nigeria.
Nevertheless, it doesn't change anything that a Nigerian company is collaboration with a Korean company to building ships in Nigeria,sorry. Infact, John holt is already doing that too.
LADOL advances in $3.8b Egina FPSO vessel construction The Lagos Deep Offshore Logistic Base (LADOL) is blazing the trail in the quest for local capacity development in the country as it advanced with the construction of the world-class Floating Production Storage and Offloading (FPSO) vessel.
The indigenous oil and gas logistics firm is currently working on the sections of the FPSO at its Free Zone base in Apapa. The Managing Director of LADOL, Dr. Amy Jadesimi, said the yard is where the first ever locally fabricated Floating Production Storage Offloading (FPSO) project took place.
During a recent tour of the yard the Managing Director of the Nigerian Ports Authority (NPA), Hadiza Bala Usman, she said the implementation of the $3.8 billion project in-country would boost capacity and aid the national economy.
She said: “This project is first of its kind in Africa and sitting at an indigenous facility like LADOL, speaks volumes of our national resolve and determination to take our pride of place as the regional hub.”
If you like you believe, if you no like, don't believe. All I know is, Nigeria is doing the building while our Kenyan and other African brothers do the buying.
iblawi: A Kenyan said Kenya is more industrialized than Nigeria and 2000mw of electricity is more than enough for them.
They show us what foreigners are doing for them while we have Nigerian companies doing same here in Nigeria. Our companies are fully owned and controlled by Nigerians.
Hehehehe! I was just laughing when I saw his post.
Today is the day of showcasing manufacturing companies owned by Nigerians. I hope Kenyans go show us something.
MtuMsuper: Sorry to break your comfy, self created bubble about the transportation sector. In all honesty, you can't be sitting at your computer googling kenyan bus companies and coming up with the few you gave. That's a very straw man argument. There are several that travel across borders. Yours truly was once a regular traveller by bus from Nairobi to Kigali, with a defunct service called Akamba bus, but there were several others like kigali line.
If you want to have a succinct discussion on transportation, and indeed any other sector, we have to lay down accepted and valid parametrics. Am sorry, but it seems that our thread might go on forever, in lieu of convincing arguments. What would we be comparing? Urban transport systems? Aviation? Connectivity? .....
List those several that travels across borders and indicate the routes they ply.
No need for to much stories. Make sure dey are MNCs.
The parameters are simply. It depends on the numbers of MNCs and their capacity.
If you have only one big MNCs and I have almost as big as that with more MNCs in that sector then I am the champion.
LightYagami: Yeah to be fair, the bigger population the bigger the transport sector. Your bus services are bigger, but I think Kenya Airways gives Kenya the edge here
Hehehehe! Tbh Nigeria is ahead of Kenya in the transportation sector when we consider every sub sector Holistically.
I am really enjoying this thread because I am getting more informations.
Coast bus service is the only one that operates in more than 2 countries.
Dream line express operates in Uganda and Kenya.
Marangu Luxury bus operates up to Arusha, a border town in Tanzania.
I don't think this is enough to displace Nigeria from the Championship throne.
In logistics, I can only see one company with operations in Kenya and Uganda only. Common that's poor compared with Nigeria that has many plying Ghana, Togo, Benin etc
rvp2017: I had to check this and turn out they are bus companies. Kenya has several of those plying east africa countries. Africa Commuter Services Limited. Coast Bus (Msa) Limited. Blue Horizon Travels. Arusha Shuttle Bus. Blue Line Shuttle Company. Bustrack Limited. City Hoppa Limited. Crown Bus Service Limited. Modern Coast. I was thinking you're talking Logistics - where kenya has several mncs (trucking goods all over east and central africa) - with several trucks - with largest being Multiplier hauliers with more than 3,000 trucks. Signon has more than 1,000 trucks and are shipping & air logisitics. I could go on and on..but I doubt Nigeria transport sector is as modern as kenya-
Sorry, the only bus company in Kenya that is MNCs is Modern coast. The rest doesn't go beyond the borders of Kenya.
If I am wrong, please list all the routes of each bus companies with a credible source for verification.
After we are done with that den we will move to logistics and shipping.
My final verdict on the strength of MNCs owned by Nigerians and Kenyans in every sectors which includes Oil and gas, Banking, Insurance, Retail, Hospitality, FCMG, Telecommunication, Technology, Engineering, etc is that Nigeria is ahead of Kenya in every sector of MNCs except Hospitality and.... .
First of all, let us start with Oil and gas.
OIL AND GAS
Kenya's best oil and gas company Kenolkobil, is the only MNCs in this sector with operations only in 11 African (majorly East Africa and South Africa) countries while Nigeria on the other hand has more MNCs in this sector with operations not only in Africa but Europe and America at large, giving them a global out look.
Oando Plc( West Africa, Toronto, USA, Joburg, South Africa and Nigeria),
Sahara group (Nigeria, U.K, Switzerland, U.A.E, Ghana, Cote D'Ivoire, Singapore),
Conoi plc,
Fort oil(Nigeria Ghana, London etc),
Erin petroleum Co (USA, China, Nigeria, Ghana and Gambia even Kenya),
Heyden( Nigeria, United Kingdom, Dubai, UAE, Cape Town, South Africa),
Obat Oil ( Europe and Africa)
NNPC
NLNG
TKO Nigeria won this contest
TELECOMMUNICATIONS
Safaricom is only a Kenyan based company while Glo mobile operations are in Nigeria, Ghana, Benin and Cote D'Ivoire.
Glo network also covers 170 countries in roaming services.
We still have Ntel and visafone
TKO Nigeria won again
BANKING
In Banking, Kenya KCB and Equity, Kenya's largest banks have operations in 7 & 6 countries in Eastern Africa respectively while Nigeria has many of its bank in many African countries and outside Africa. e.g
FirstBank is the biggest bank in Nigeria by total deposits and gross earnings and operates a network of over 750 business locations across Africa, the United Kingdom and representative offices in Abu Dhabi, Beijing, Johannesburg, South Africa, DR Congo, Ghana, Sierra Leon, Guinea, France and Senegal.
United Bank for Africa (UBA) Plc, is one of Africa's leading banking Groups with operations in 19 African countries and offices in three global financial centers: London, Paris and New York.
Zenith Bank maintains subsidiaries in the United Kingdom, United Arab Emirates, Ghana, Sierra Leone and The Gambia, South Africa and China.
Access Bank Group; Nigeria, Burundi, Democratic Republic of the Congo, Ghana, Rwanda, the Gambia, Sierra Leone, Zambia and the United Kingdom.[1] As of December 2015, Access Bank Group had assets in excess of US$13 billion.
GTBank plc has 231 branches, 17 Cash Centres, 18 e-branches, 35 GTExpress locations and more than 1165 ATMs in Nigeria. GTBank has expanded to Cote d'Ivoire, Gambia, Ghana, Liberia, Sierra Leone, Uganda, Kenya and Rwanda. These countries belong to the "Eco zone". It has also expanded to the United Kingdom. With the acquisition of a 70 per cent stake in Fina Bank GTBank expanded into the East African market as at December 2013. As a consequence, Fina Bank will now be renamed and rebranded as subsidiaries of GTB and.
These are just few among many.
Kenya banks has been overwhelmed by Nigerian banks
TKO Nigeria's banks won again.
INSURANCE
Britam group, à company offering insurance, asset management, banking and property investment has operations in 7 countries (Kenya, Uganda, South Sudan, Tanzania, Malawi, Rwanda and Mozambique) in Eastern and Southern Africa.
While....... Industrial and General Insurance Company Plc is a leading provider of insurance and risk management services in West Africa. IGI is a large insurance services provider in Nigeria and through its subsidiaries, in Ghana, the Gambia, Rwanda and Uganda, London, UK and Washington, DC,USA, has a global company outlook than its Kenyan counterpart.
In addition, NICON Insurance with operations in Nigeria, Sao Tome and Principal, and London, UK.
MUTUAL is the flagship of insurance in Nigeria and runs a full-fledged insurance operation in Liberia and Republic of Niger.
Capital Reinsurance has grown to be a diversified portfolio in more than 44 countries, adding value wherever we go, and developing enduring partnerships premised on ‘Pan-African commitment made local’.
Another TKO, Nigeria won the insurance sector.
TECHNOLOGY
I don't know much about Kenya's Technology but looking at Nigeria's list of technological companies, it is intimidating. Nevertheless, until the Kenyans on this platform provides a more reputable ones than the ones Nigeria has, I will say it is walk over.
Interswitch is an Africa-focused integrated digital payments and commerce company that facilitates the electronic circulation of money as well as the exchange of value between individuals and organisations on a timely and consistent basis. It has operations in Nigeria, Uganda and Kenya.
MainOne” also known as “Main One Cable” or “Main One”) is a leading provider of innovative telecom services and network solutions for businesses in West Africa,and with operations in Nigeria, Ghana, South Africa, Mauritius and Portugal. TKO
TKO again. Nigeria won the technology contest.
To be continued....
If there any our Kenya brothers doesn't agree let them point it out.
@Proudlykenyan how market. Do you still believe Nigeria dominates in the banking sector?
More is coming to hit you hard tomorrow.
Let me continue to compare both countries MNCs in every sector.
TRANSPORTATION
Aviation
Kenya is doing very well in this sector with Kenya airways as the major player. Kenya Airways is one of Africa's largest airline company with operations in almost every African capital (44 destinations in Africa, 10 destinations in Asia and America 54 in total)
While Nigeria also have some major players in this sector
Arik air is the largest airline in Nigeria and it is privately owned by Nigerians. It flies to 15 destinations across Africa, Europe and America.
Med View airways is also a privately owned by Nigerians with operations in Europe, Africa and Asia. London, UK, Jebbah and
Slok air was initially established in Nigeria before it was relocated to Gambia. Its destinations are, Ghana, Sierra Leon, Guinea, Senegal, Cote D'Ivoire, Liberia, Mali and Cote D'Ivoire.
Kenya won it
Road transport
Nigeria has a lot of companies plying the west Africa corridors. ABC transport; Ghana, Togo, Nigeria and Benin
Cross Country transport limited; Ghana, Togo, Nigeria and Benin
Chisco Transport; Ghana, Togo, Benin and Nigeria
Young shall grow transport; Ghana, Togo, Benin, Mali, Burkina Faso, Cote D'Ivoire and Nigeria
Efex Executive; Togo, Ghana, Nigeria, Benin and Cote D'Ivoire
GUO Motors; Ghana, Benin, Nigeria, Togo, Senegal and Cote D'Ivoire etc.
Until I see Kenyans MNCs in this sector, it is a walk over
Nigeria won
Holistically speaking, Nigeria has a edge over Kenya because both are developed in Nigeria.
Therefore, Nigeria won the Transportation sector.
RETAIL
In this sector, Kenya has two MNCs in this sector.
Nakumatt is the largest retailers from Kenya have operations in 6 (mostly East African) countries and Tuskys which is one of the large supermarket chains in the Great Lakes Area. Kenya and Uganda to be specific.
While Nigeria has two types of shopping malls, the online shopping and the normal shopping.
JUMIA is a Nigerian online shopping site for a wide range of electronics, fashion, home appliances and kid’s items. As of 2015, Jumia has warehouses in ten other countries, including: Egypt, Morocco, Kenya, Cote d'Ivoire, Uganda, Ghana, Cameroon, United Kingdom, Tanzania and Angola.
Konga is also a Nigerian online shopping site. It has warehouses in Nigeria and Ghana.
Silverbird group has a retail stores in Nigeria, Ghana and Kenya.
Nigeria won this one too.
QSR
I don't know much about Kenyan Quick service restaurant and that will bring to conclusion that Nigeria is ahead.
Chicken Republic is a Nigerian quick service restaurant with operations in Nigeria and Ghana.
ProudlyKenyan: Afrocircus. sticking to one example per sector - so we don't overwhelm our oil dependant nigeria brothers.
-Media - Zuku - now has operation as far as Malawi - targetting 15 countries - Nigeria still probably watches South Africa's DSTV & GoTV like it theirs.
Consat, Metro etc are Nigerian owned. I don't use DSTV or GoTv.
GERALD710: Dude, you either do not understand English or something. I never siad anything about size did I?? My argument has been very clear, no matter how big Nigerian companies are, they are poor at service delivery. And it is a sign that West Africa has no alternative options which is why they are so large. In East Africa, we have Egypt and South Africa to contend with as we are in the same economic blocs,which is why Kenyan companies emphasize on QUALITY I said KENYAN BANKS ARE MORE SOPHISTICATED THAN NIGERIAN BANKS, NOT BIGGER!!I never compare size as even in Kenya, Equity is the second largest bank in Kenya offers far less services than Standard Chartered or I&M which are smaller. The country which Paypal only entered this year, which has minimal presence of major ACH banks like Barclays or HSBC is more sophisticated that the country where paypal has been around since 2008 and ACH banks have been around since the 60sNOT Kenya has the most sophisticated financial sector in Africa after South Africa http://www.theworldfolio.com/interviews/kcb-at-the-epicenter-of-africas-economic-transformation-agenda/3987/ http://africabusinesscommunities.com/news/kenya-bank-regulator-issues-14-day-ultimatum-to-banks-to-cap-lending-rates.html
As for Reinsurance The 41 African countries collectively have 38.75% while African Development Bank (AfDB), the International Finance Corporation (IFC), DEG (Germany), PROPARCO (France) and FMO (Netherlands) have 61.25% thus Nigeria is nowhere near a top shareholder there. http://www.africa-re.com/en/EN/aboutus/page/8/shareholders Read more at: http://www.vanguardngr.com/2012/08/africa-reinsurance-gives-shareholders-11months-to-subscribe-to-new-shares/ Kenya Reinsurance has no competition in this area and I emphasize that it is owned by OUR GOVERNMENT and not some crackpot person who pilfered public funds to build his empire.My taxes help build that!! Again, who told you that a company has to be a multinational to be big?? Let us compare Glo a multinational and Safaricom. A local company What were the profits made by Glo, which you keep touting so much, as compared to Safaricom And I mean PROFIT not REVENUE,PROFIT!!! Last I checked, the only telco making any money worth mentioning in terms of profit is MTN, which is not Nigerian. These days, your telco dare not publish profits, they only publish revenue,but even in revenue, all of them are complaining of the revenue losses due to your recession. We know that revenues in Nigeria are huge but the cost of operations like having generators at every radio station eat up those revenues.leading to the company having losses instead of profit in spite of huge revenues. May I point out that Kenya is currently growing at 5.9% as you people continue to bleed money.
How many Kenya banks are among the best banks in Africa and the world in the last ratings? I am not interested in your sophisticated banks without international ratings.
In insurance, most of those Nigerian shares belongs to the insurance companies I listed earlier.
Is Safaricom a Multinational company? N... O no!
Besides! Nigeria has a total number of 167,371,945 gsm subscribers. MTN accounts for the largest share; enjoying 37% of the total (57.04 million subscribers), followed by Glo with 24.2 % (36.320,572 million subscribers) and Airtel with 22.7% (33.86 million mobile subscribers).
As you can see, Glo is the second largest network in Nigeria despite entering late into the business.
It's even the fastest growing network in Nigeria.
Meanwhile, the total number of Gsm subscribers in Kenya are just 37.7 millions. Safaricom fell from 25.5 million to 24.4 million this year and if sum up the total numbers of Glo network subscribers in other Africa countries, Glo Nigeria subscribers are more than the whole Kenya's subscribers, not to talk of Safaricom.
As you can see, Safaricom is a local champion compared with Glo network in Africa and the world at large.
When it comes to roaming services they are still far ahead of Safaricom.
Globacom has give a boost to its roaming services offering with the addition of over 100 leading network partners across the world in the last one year. The company has thus become one of the biggest voice and data carriers in Africa. Postpaid subscribers of the company can enjoy seamless roaming services in almost every part of the world as Glo has interconnectivity arrangements with over 430 partners in 176 countries. Thus Glo is now the network in Nigeria with the largest international postpaid roaming footprint. Its prepaid roaming has also been extended to more destinations as the service is now available in most major destinations where it is partnering with over 80 leading networks. The countries include Unites States, United Kingdom, France, Germany, Canada, Saudi Arabia, Ireland, South Africa, Ghana, UAE, Algeria, Belgium, Italy, India and Israel. They also include Netherlands, Switzerland, Spain, Cote d’Ivoire, Benin Republic, Cameroon, Egypt, Gambia, Kenya, Russia, Turkey and Qatar.
Safaricom is losing customers. How can they profit?
AfroCircus: Dear forgiveness, nice write-ups, to be frank there are a lot of nigerian MNCs I did not know. But I only posted 1 (the largest) in each sector or 2 where I wasn't sure who's the largest. Doesn't mean they're the only ones
Petroleum sector :-
kenolkobil is in 12 countries with just a little less revenue than Oando as at 2014. Write now I think it has more revenue than your giant since oandos revenues shrank yoy for the past 2 years. -Hashi energy with operations in 5 countries. - National Oil corporation of Kenya (NOCK), an upstream petroleum Co that's in 3 nations. With entry plans in 4 others (The 2 Sudans, DRC and Tz) at an advanced stage Your Heyden is not in Russia, UAE and Europe, it only has agreements with refineries there to buy oil at reduced prices and be the market's cheapest option. The same way Hashi has such with Qatar, Saudi Arabia, UAE and Kuwait
That to me is a draw
Insurance sector :-
-KenyaRe - this is a real giant with branches in 62 countries across Africa, the middle east and Asia. -BRITAM is in the 7 countries I named earlier. -CIC Insurance Group Limited operates mainly in Kenya, Uganda , South Sudan and Malawi. -UAP insurance group is in Kenya, Uganda , South Sudan, Rwanda, Tanzania , the Democratic Republic of Congo , and Mauritius -liberty insurance - they just say all over Africa.
Kenya wins here.
Banking :-
No need to mince words here, Nigeria is the winner
Telecommunications:- Safaricom is bigger than glo in terms of revenue. Safaricom's network provisions department is limited to Kenya since a shareholder, vodacom is active in Africa. But it's mobile money department is in eastern Europe, middle east, Asia and Northern, eastern central and Southern Africa (don't know why they haven't gone West)
Kenya wins by a slight (unfair) margin
Beverages
-EABL and Keroche breweries are of course larger than any alcohol maker in Nigeria. -Highlands Co, initially only dealing with water is now giving coca Cola a scare in the soda business
Until you post more on Naija, kenya wins
[b] food processing [b]
-BIDCO is the largest producer, marketer and retailer of consumer goods in Africa with operations in 16 countries -pwani oil is one of the world's leaders in vegetable oil, soaps and fats. Has distribution networks in 9 countries
Kenya wins
To be continued...
Good to know we are both learning.
However, I don't think Nigeria is in the same league with Kenya in the Oil and gas industry.
How do you know Oando profit shrank this year? And did you see only Oando and Hyden on the list?
I listed more than 5 of them without listen government owned NNPC, NLNG Nigeria, etc
If go by this, it is a TKO in favour of Nigeria's oil and gas industry.
In insurance, Nigeria also have more than 10 insurance companies outside Nigeria.
That to me is a draw.
When it comes to Telecommunications, Glo is MNCs than Safaricom. It is roaming services is available in more than 170 countries. You can't compare. It is a global network.
GERALD710: Kenya is NOT and oil Producer and yet we have an oil MNC. There is a difference between us. As for Banking. Kenya's banking is not large.I never said so. It is by far more sophisticated than Nigerian banking.And I am not talking about just mobile banking, we have products that only South Africans offer to their customers. And we do not charge people for having dormant accounts like Nigeria!! http://www.blog.kpmgafrica.com/spotlight-kenya/ Last I checked Nigeria is the country where ATMs were introduced in the late 80s then backfired and only made a comeback in the early 2000s http://iisit.org/Vol6/IISITv6p373-393Olatokun631.pdf. Here on Nairaland, stories of failing ATMs as well as ATMs being bombed by Boko Haram in the North abound. Failing ATMsNot in Kenya!! Our ATMs have been functioning well since 1983 to the present. Because Nigeria has no ID system until last year, Nigerian banks were known worldwide for facilitating wire fraud| http://www.bbc.com/news/technology-31438226 Kenya has had an ID system since 1932 under the British. Some nonsense has never happened here!! Comparing Kenyan banking and Nigerian banking is like comparing Chinese banking and Swiss banking. The former is larger, the latter is by far more sophisticated. What is the use of being big when you are getting crap services Its like comparing General Motors and Audi!! As for Insurance. I forgot to add Kenya Reinsurance . Kenya Reinsurance is the LARGEST reinsurance company on the continent.A Parastatal of the Government of Kenya, it was founded in 1971 and serves over 265 insurances companies in 62 countries across Africa, the Middle East and Asia with over 50 percent of its revenue being generated from foreign markets. https://en.wikipedia.org/wiki/Kenya_Reinsurance_Corporation So those Nigerian insurance companies you are boasting of, who do they insure themselves with in turn ?? Guess who!!! Coz Africa Reinsurance which is the second largest, though based in Lagos, is not a Nigerian corporation but has shareholders from 41 African states, Kenya included, as well as from abroad .It also operates in less than 20 countries. Kenya Reinsurance on the other hand in undisputable that it is not only Kenyan, but Government of Kenya property!!! When it comes to Technology. I checked on Glo.Since MTN ,Etisalat and Airtel are not Nigerian Crap services!! http://guardian.ng/technology/mtn-glo-etisalat-roll-out-poor-4g-lte-services/ http://www.premiumtimesng.com/business/business-news/211016-nigerias-foremost-regulator-defends-poor-service-quality-mtn-glo-others.html Meanwhile Safaricom which is 60% owned by Kenyans(Government of Kenya 35% Nairobi Stock exchange 25%) and 40% by Vodafone. Named best telco in Africa http://aptantech.com/2016/11/safaricom-declared-african-mobile-operator-of-the-year-at-commsmea-awards/ http://www.businessdailyafrica.com/-/539552/661596/-/view/printVersion/-/11g4r3r/-/index.html So once again, we are comparing an MNC with crap services to a local company with superior services. This explains why MNCs from Nigeria never succeed in the COMESA-SADC-EAC zone. They would be crushed by the competition on service provision alone.
As for Banking. Like I said, ask any Nigerian in Kenya if the GT Bank in Kenya is the same as the Nigerian unit. It is Not!! Nigerians end up opening new accounts when they come here!!!! KCB Uganda is no different from KCB Kenya, your ATM card will access your account as if it is local.That is not possible with Nigerian banks in Kenya, maybe its bacause of your cash crisis but Nigerians cannot access the same GT/UBA/Ecobank account in Kenya using their ATM.
Hehehehe! This guy keeps pilling up excuses.
I know you are not dull and you can differentiate between MNCs and local champions, btw a global rating and a local rating of GERALD710.
In oil and gas, Nigeria has more than 20 MNCs in oil and gas industry compared with 1 MNCs company in Kenya,sorry.
In banking, do you mean Kenya's banks operations are in the space to have missed this international ratings?
' Kenya(Switzerland banks) that cannot make to 60 in Africa or top global banks in the world.
Why are Kenya's banks not among ratings? I see, na Oluwola rating you dey use.
In insurance, since, you presented another heavy weight, I will say be fair. Since, it is a government company then I will also add Africa Reassurance corporation.
Who is the highest share holder in Africa Reassurance corporation, that will decide the owner?
Until den, draw.
In telecommunication, is Safaricom in the league of MNCS I don't think so.
iblawi: Everything is fake news from your head to feel happy. For your information our banking sector dwarf your with a wide margin. Same as our ICT with every form of Communications having the presence of Nigerians. You now have communication satellite, the whole of kenya is connected with fiber cable and you now have several have individual laying submarine cables from Lagos to London. Glo 1, main one cable, sat 3 etc.
It must really be painful for you Kenyans but the fact is that we are not mate in any way. The fact that we refuse to post pics for long doesn't mean you are better but we just feel is of no use wasting data on Kenyans.
Just leave the guy make I school am school am small about Nigeria owned MNCs with facts.
GERALD710: Let us go through your listing Oando plc does NOT operate in Toronto. It is listed on the Toronto Stock Exchange. That does not mean that it has a license to operate in Canada. Otherwise, Safaricom also operates in London, Uganda and Rwanda by your retarded logic. Oando is also restricted to West Africa. Only West Africa. Kenol Kobil is in East, Central and Southern Africa!! See the comparison?? Sahara Group is indeed widely distributed, but a minor player in almost all the countries it is located. Kenol Kobil is the second to third largest oil company in every country it is located except for the DRC. As for Fort oil see my Oando comment Plus, given the fact that Kenya is yet to produce any oil , we have come far .Imagine where we will go to once the barrels start trickling. Banking. Nigerian banks outside of Nigeria are separate units from their Nigerian units. Any Nigerian in Kenya can tell you that GT Bank Kenya, UBA bank Kenya and Ecobank are of zero help to Nigerians as you cannot access your money even if you have the very same account in Nigeria. On the other hand Kenyan banks outside of Kenya are one and the same and you will access your money anywhere in East and Central Africa. In Insurance, Britam is by far larger than any Insurance company in Nigeria.Once again, all Nigerian insurance companies largely operate in West Africa while Britam is in East,Central ,Southern Africa as well as the Indian Ocean territories. Britam has at one point been a Government of Kenya parastatal since it was once owned by Housing Finance which is a Government parastatal. Technology. In Kenya, THE GOVERNMENT OF KENYA is the main investor thus most companies are localised rather than being multinationals. That is also why Safaricom, which started out as a Government parastatal has not expanded out of Kenya(However, it has licensed MPESA to nations as far as Afghanistan and South Africa) However, out tech sector is superior simply because the Government keeps prices low due to its interest. EXAMPLES All fibre optic cables landing in Nigeria are owned by private entities which like SAT-3 charge up to 5 times the global price of bandwidth with no improvement in quality. In Kenya, TEAMS is 40% owned directly by the Government of Kenya and it is loved by most bandwidth wholesalers as it has low latency and it is extremely cheap, less than $4 per MB. Indeed, Wananchi Group ,Zuku product rides on TEAMS. I am writing this on my Zuku Triple play subscription with a 30 Mbps line, 90 tv channels and a phone which offers free and unlimited zuku to zuku phone calls for only $57 a month . No product in Nigeria that I have seen can beat that!!Even Liquid Telcom provides 48 Mbps DEDICATED for $61 here in Kenya. It is why the likes of Nokia-Siemens, IBM,TechnoBrain, Google, Cisco all have their Africa Headquarters in Kenya.Our Government takes an interest. For example,Nigeria only rolled out a national fibre optic strategy in 2014.To date, it mainly covers the South. Kenya's National Fibre Optic Backbone started in 2006 as a government endeavour and we are in Phase 11.It now covers all 47 Kenyan counties and the metropolitan high capacity fibre optics cover 35 of the 47 counties. The Kenya Education Network which rides on the NFOB as well as the Liquid Telcom network(which they inherited from KDN) is today BY FAR the fastest ISP on the continent, dedicating 6MBps per student in every educational institution. No other ISP comes close. When it comes to technology, ours is local(but with many global MNCs who have set up shop here) ,with a lot of government shareholding, but of very high quality.
Hehehehe! I hope you know the course of the debate?
how many Multinational companies is owned by Kenyans and Nigerians citizens in each sectors.
In oil and gas, you have only kenolkobil with operations in East Africa, Central and South Africa(Malawi) while Nigeria has many MNCs with operations outside Africa.
I didn't only mention Oando Plc which revenue is even more than your heavy weight Kenolkobil. I mentioned few of them among many. Abi you no see am?
Do you have another MNCs in the oil and gas industry? Until den, it is indeed a TKO for Nigeria against Kenya in this sector.
In Banking, show me any of your banks with operations in Europe, America and Asia. I did not mention only GTBank which is not the biggest, I mentioned First Bank, UBA etc Therefore, all you have said are stories without backup facts, sorry.
Now, what is the position of Kenya's banks in this ranking and how many are in top 60?
Let me help you. KCB kenya is sitting on the 66 while Nigeria has many before it,sorry.
In insurance, do you mean, Uganda, Rwanda, Sao Tome, London and Washington are in West Africa?
Read it again and clear ya mind. Besides, Nigeria has more insurance companies outside Nigeria. How many insurance companies does Kenya has outside Kenya? Industrial and General Insurance Company Plc is a leading provider of insurance and risk management services in West Africa. IGI is a large insurance services provider in Nigeria and through its subsidiaries, in Ghana, the Gambia, Rwanda and Uganda, London, UK and Washington, DC,USA, has a global company outlook than its Kenyan counterpart.
In addition, NICON Insurance with operations in Nigeria, Sao Tome and Principal, and London, UK.
MUTUAL is the flagship of insurance in Nigeria and runs a full-fledged insurance operation in Liberia and Republic of Niger.
No contest.
In technology, just tell me, how many MNCs do you have in this sector and spare me the sermon? for now, Nigeria is leading Kenya in this sector.
So, far, it is Nigeria 5, Kenya 0.
Who else wants to dispute before I unleash the Dragon?
Foreign Affairs › Re: Kenya Is Ahead of Nigeria In All Aspect (Facts Don't Lie) by forgiveness: 9:45am On Dec 08, 2016
nnewi,innoson baby 
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NOT
