₦airaland Forum

Kazikazi:
I think what kenyans need the most is something which can fill up the empty bellies

Food.

These other stuff won't sell well in that land.That is my free good advise

They are already getting food from Tanzania

Kazikazi:
Very good news for Africa's free trade program

But what is Ghana planning to sell into Kenya? Cocoa maybe?

Textile, Aluminum, chocolate, medicines and injections, petrol, diesel, gas bewerage, fruit juices, furnitures, chemicals and etc

https://www.youtube.com/watch?v=M-wbi3AayTc


https://www.youtube.com/watch?v=wqIQh-3Tdy8

Ghana End of Year Debt stock reduced by a whooping 150 billion cedis from 575 billion to 434 billion which is 71% of previous year GDP.

Ghana GDP grew by a whooping 260 billion cedis to end 2022 at 873 billion cedis which is equivalent to 97 billion dollars
This means Ghana current debt stock is equivalent to 49% of GDP

Ghana's GDP per Capita is finally 3,170 dollars.


Source, New bank of Ghana data

rvp2018:
Stop telling me things.
I dont listen to mad men.

Ruto knows what he is doing. Concentrate on finding good replacement for that dwarf idiot NANA.

How much is some money that AfriExim sneaked in?

so far, it looks like they've disbursed over a billion to 1.5 billion.....
You guys have already used some of the money to finance food import.

Your country 200 irrigation idea has been lurking around since 2018 but there hasn't been money to finance it. Now you have gotten 800million for it and the total cost of that project is supposed to be 3 billion dollars.

If it was going to be successful, how come Ruto wasn't able to find investors who will sign a PPP agreement for it and he decided to go and borrow 800million Afriexim bank money to finance it.

PPP partners don't put their money into loss making ventures

rvp2018:
See - you should concentrate on Ghana.
Ruto is still financing and executing Uhuru last budget.
The next budget will be read in mid June.
Finance bill approved in July.

Kenya or East Africa budget cycle is not like Ghana and Nigeria - it not calendar year. It starts in July to June.

Unless Exim bank has mad men like you - I dont expect any money to come in until somewhere late this year or early next year.

Unless they handed kenya 800M in silver platter and said do whatever you want.

It doesnt work that way.

So now you know that some have already come in? 🤣😂🤣

Don't worry, there's no hinderance to the rest coming in because your parliament has already given approval for it.

I told you that your 200 irrigation dam wasn't going to be PPP because no business person was going to finance it.... The thing had no profit plan in the margin that PPPs look for.


This is why your govt went to Afriexim bank to borrow 800 million budgetary financing support to build it

rvp2018:
IDIOT - the PPP dams will be built in the next budget circle. That start from July.
Kenya just invited for bids
It a long way before financing is nailed.
AfriExim bank has made comittment to finance them.

There is no money - no dam - no contract - no enviromental assessment - nothing to be disbursed to.

Stupid .... The money for it has already been approved by your govt

Something your parliament has approved and disbursement been made is no longer a commitment 😂🤣

Did your parliament know there was no contracts before approving the loan agreement?

I told you earlier on the it wasn't going to be a PPP since it wasnt going to make profit.

rvp2018:
The mad cow said Ruto had been given 15B dollars in 8 months. That genesis of this madness where you cheering a sick man. Obaboon Kenya has not received any money from AfriExim bank.

All the dollars flowin in and out now is almost a matter of national security concern.

I definitely would be happy if AfriExim bank can lend us even 200M dollars - for now - they remain just empty commitment.

Your were happy to post few days ago that your govt will build 200 irrigation facilities..... Where do you think the money was coming from?


Afriexim bank has given them 800 dollars as a budget support for that .... You were jubilating all over the place 🤣😂

rvp2018:
Concentrate on Ghana that has run out of forex.

Ghana is okay

Don't worry, I will give you free proof, though you didn't as for it. At least my forex reserves is higher than that of kenya😂🤣

Obaaderemi2:
I agree the pig is the worst. I'm not sure he finished primary school. He can barely string two words together. He's more at home posting pictures.

I don't think he got to grade 6 🤣😂

His level of understanding is below that of a kg kid

Obaaderemi2:
He doesn't know it's in little things like those. He thinks afreximbank would just transfer a lump sum of $3bn to Ruto just like mpesa.

😂🤣

No one does that, especially to a bankrupt country like Kenya

Obaaderemi2:
Now you are getting off your high horse. I told you you were a boy.
Just 40, see your son, he's been subdued.

😂🤣😂

Anytime he lies, I'll subdued him with facts

rvp2018:
My position has not changed. Exim bank 3B remain hot air empty committment until I see the money. You and the mad cow already claimed kenya has got billions . Ruto was out looking for 600M syndicated commercial bank loans - and only got 200M.

Egypt alone where that Exim bank is based would kill to get dollars.

Kenya is begging IMF for few millions.

Bankrupt Ghana is overjoyed to get 600M dollars after having emptied their forex reserves.

you won't see the money because it doesn't come to you, it goes to your treasury who have confirmed that they've gotten the money.

Another lie... Ruto got 500 million dollars of syndicated loans out of the 600 million he was looking for. Do you want confirmation?

Obaaderemi2:
He's a monkey, how can he read? But at least he has a few brain cells more than the likes of the pig and the she.male.

🤣😂

This is true.. as for the pig, I completely ignore him because he doesn't know much.

Now I understand why Mombasa and Nairobi looks darker than they were 3 years ago


I was surprised when I accessed satellite data today

Kenya Power is taking more than eight hours on average to connect its more than nine million customers back to the grid after a blackout, exposing itself to the risk of renewed compensation claims by businesses for financial losses, a new report by the sector regulator has shown.

Energy and Petroleum Regulatory Authority (Epra) data shows that November 2022 was the worst in nearly two years after outages lasted 10.63 hours on average, prompting households and factories to seek costlier alternatives.

rvp2018:
Exim bank facilitate export and imports. I know they have funded KQ acquisition of Boeing Jets and such things - normally export and import related transactions.

They cannot offer kenya 3B dollars as loans. Maybe the Climate financing thing. I remain skeptical of this.

They are financing food supply to Kenya through your govt. Also aiding your govt with funds it can use at it discretion to help uplift your economy especially on the trade front. Those are budget elements

Obaaderemi2:
If you knew enough about Kenyan issues you would know your shiithole was borrowing to pay salaries and not argue with us when we told you so years back only for the shit to hit the fan this year. You are just as stupid a monkey as Ruto.

🤣😂😂

That was too harsh

Obaaderemi2:
You know what the boy's problem is and where this his new line of argument started from: He doesn't believe the afrimeximbank has that kind of money, $3bn. Now from the bank's site:

He doesn't like to read...

He had no idea the bank was such a big bank with huge access to funds that even Carribean countries are borrowing from.

Wow ... What happened to electricity supply in Mombasa ?


Things have really gone south, there. It was better 3 years ago... The place looks darker than a village in Ghana.

rvp2018:
I already have enough proof of your mens rea and I worry about people close to you.
As a general rule, someone who acted without mental fault is not liable in criminal law.

😂🤣😂

I'm happy the facts have subdued you ....

Next time, learn the facts so you don't look like a fool Infront of it.
I'll be here to educate you so you don't keep throwing political propaganda from Ruto.

I now understand why Shma2018 doesn't like you because you're a Ruto fan boy who needs mental help

rvp2018:
MOU was signed in May 2nd. Now in two weeks time it already been disbursed. Take your medicine. Let me wait for the baboon to rant. At least he is not mad - just stupid.

Yes ... The money was disbursed the next Tuesday. May 2 was a Tuesday. A week from May 2 was May 9th.

That's when your treasury received the money.

Do you want proof , take a read below?

Lunatic, you need medical help🤣😂

samorobo:
lol see Kenya 😂😂

🤣😂🤣

He said there was something wrong with the report so he went around the web looking.

He thinks S&P and the World bank were stupid

rvp2018:
How much has been disbursed if you're not a baboon ranting as usual. Prove us wrong by demonstrating your intellect. The 1st agreemnt on 800M dollars will be on irrigation & dams under climate change fund for africa. That can only happen in the next budget that start from July. The process of doing PPPs for that is at infancy - so when was this disbursed?

It was disbursed to your government in May 2023.

Exactly this month

Obaaderemi2:
Oh, the disbursement already started. I'm telling you that stupid boy knows nothing beyond what we tell him here.

He usually doesn't read ... Even his treasury would have told him that .

Educating a kenyan must be a really hard job

rvp2018:
Let me help fellow West Africa mad men with free education.

A financial commitment is a commitment to an expense at a future date. We may use the term for either a major expense or an ordinary one. Depending on the situation, the term may refer to either a very-long-term commitment or a one-off payment. Financial commitments exist in both the business and non-business world.

The future is already here Lunatic with disbursement haven't been made already 🤣😂🤣

rvp2018:
That doesnt mean Ruto will have borrowed 15b or 3B. He has won commitment from IMF, WB, AfriExim bank . Only a mad one think kenya has got 15B dollars - kenya gov would kill for 1/4 of that money.

You can't be saved 😂🤣

The copium is strong, even in the face of clear data from everywhere

rvp2018:
Article written by a fellow mad cow.

I didn't know Afriexim bank recruited made executives 😂😂

rvp2018:
It a committment - it neither a loan or a grant - until it happens. Mad idiot. It's just an MOU.

you're being told your government is being loaned the money.

You're also being told by your treasury that disbursement has been made

Lunatic

QueenNyakim:
You do know the map NASA posted was from 2012, right? when Kenyan access was only 38% hence why its shown mostly dark along with the rest of Africa that had a very low access to electricity at the time? Keep up with the times. Kinda like how you wouldn't trust Google Maps from a couple of years ago that was showing home images of "x" country using ancient images dating back to 2008 ~ 2011.

https://www.weforum.org/agenda/2017/09/these-3-maps-show-whats-powering-the-world

No, census is just inaccurate because like I said, not everyone participates in it. My god.

Sorry it is not a map referring to

It is live satellite observation which also monitors weather patterns. It has a 20 minutes lag.
Then there's Maxar satellite data which takes photos daily of every country their satellite passes over.

Say Kenya census is inaccurate because your official sit in their offices to conjure number. In the rest of the world, census is a serious data collection thing.

rvp2018:
Understand role of Exim Bank first. AfriExim bank has not lent to kenya. They made a 3yr commitment. That remain empty commitment until the money arrives in gov coffers.

https://www.afreximbank.com/afreximbank-launches-us3-billion-country-programme-with-the-government-of-kenya-%EF%BF%BC/

Nairobi, Kenya, 03 May 2023 – African Export-Import Bank (“Afreximbank” or the “Bank”) on 2 May 2023 in Nairobi signed a US$3 Billion Country Programme with the Government of Kenya. The official signing ceremony was witnessed by President William Ruto at State House Nairobi.

The memorandum was signed by Kenya’s Honourable Cabinet Secretary of the Ministry of National Treasury and Economic Planning, Professor Njuguna Ndungu, and the President and Chairman of the Board of Directors of Afreximbank, Professor Benedict Oramah, in the presence of President William Ruto. The memorandum establishes a framework for the implementation of the Country Programme for the Republic of Kenya.

The three-year Country Programme of up to US$3 billion will support viable trade and trade-related investments in Kenya in both the private and public sectors. The financing package will be implemented using several instruments, including loans, guarantee facilities, trade services, investment banking and advisory services.

Kenya will be the first country to access Afreximbank’s recently introduced Climate Change Adaptation Facility to be implemented as a component of the country programme, with an US$800 million Kenya Climate Change Adaptation Facility (KCCAF). This will be directed towards developing 200 irrigation schemes under a public-private partnership framework using structures that are budget and sovereign-debt-neutral.

So it's a loan that your govt will have to pay back ...

Obaaderemi2:
The boy's jokes are always hilarious.

he's a mad person 🤣😂

rvp2018:
Focus on your mental health first.

Check yourself into a mental institution

You're mad 😂🤣