₦airaland Forum

GERALD710:
I PLACED A KENYA POWER LINK BUT YOU JUST GLOSS IT OVER, RIGHT
So You Think the World Bank knows better than Kenya Power, the Company DOING THE POWER CONNECTIONS, BIATCH PLEASE!!! READ IT AND WEEP!!
Directly from the Kenya Power Website http://www.kplc.co.ke/

GERALD710:
You have quoted Trading Economics and This Day Live, WHILE I ACTUALLY QUOTED THE WORLD BANK DIRECTLY FROM THE SOURCE WHICH STATES THAT NIGERIA HAS A POVERTY RATE OF 49%
DIRECT FROM THE SOURCE, STOP THIS NONSENSE AND POST AN ACTUAL LINK FROM THE WORLD BANK THAT SHOWS NIGERIA HAS A PVERTY LINK OF 33% NOT FROM SOME CRACKPOT WEBSITE BECAUSE THE WORLD BANK LINKS SAY
38% FOR KENYA
49% FOR NIGERIA.
FULL STOP!!!

GERALD710:
I PLACED A KENYA POWER LINK BUT YOU JUST GLOSS IT OVER, RIGHT
So You Think the World Bank knows better than Kenya Power, the Company

MtuMsuper:
Stop trying to prove jacksh1t to this idiot. Hes another fool who has probably never left his LGA and is illiterate in development matters but has a mouth wider than his backside.

lezznjr:
Are you having logical impairment? In your last post you criticised data from world bank here:




What's the matter with you kenyans? You can't keep a straight line in an argument?

World bank has placed your poverty rate and power distribution rates higher than Nigeria. Fück stop! Deal with it and keep your frustrations to yourself.

Even within those who work in Kenya, a whopping 92% are low income earners. What's that tell you?
East Africa has the highest poverty and descriptive conditions in all of Africa . You can't change that on the pages of a Nigerian forum.

A mountain troglodyte like you who shares common habitat with reptiles and chimps should be grateful for the internet which accords you a faint taste of civilisation.

Dunderhead!

Coldplay89:
Kenya and Nigeria, despite being the most developed economies in Africa, they both still bear challenges that they need to work hard to overcome. But your arguments, always portraying Kenya as a failed nation is wrong. Nigeria is not ahead of Kenya in every ramification, neither is Nigeria better than Kenya in every way. They are both still developing countries after all.

These insults u keep piling on Kenyans, your fellow Africans is wrong. It is uncalled for. It is not very civil of to be doing that. Why do u hate Kenyans this much? What did we do to u to deserve this tirade?

This is the map of Africa by the UNDP, showing the developed and the less developed countries in the continent.

See Kenya, see Nigeria? Both countries are relatively developed.

lezznjr:
[b]Nah, you belittled Nigeria falsely without taking accounts of facts.

You said Kenya is ahead of Nigeria in all aspects, that's the tittle of your thread. It is more horrendous than it is misleading.

The sheer monstrosity of your weak lies!!!

Kenya's poverty rate is 43% Nigeria's , by 2015 world bank standard is 33%

Nigeria's PPP and middle class is larger than Kenya's on sheer numbers and percentage!

Nigeria has more geopolitical tentacles than Kenya.

Our multinationals are spread in western and eastern African countries than Kenya's!

You mentioned mobile money about kenya but it never crossed your mind that only poor countries without world standard banking institution and infrastructure operate mobile banking like Kenya does. The world is on E and internet banking not mobile banking.

Only 42 percentage of Kenyans are connected to their national power grid despite being just twice the population of Lagos.

Nigeria is 50% despite vandalism from gas installations.


You owe every Nigerian a front page apology for your ignorant thread!

[/b]

lezznjr:
South Africa is the most developed economy in Africa. It isn't Nigeria or Kenya.

Please Stop this blind patriotic madness!

Nigeria
South Africa
Egypt aren't supposed to be put in one sentence with Kenya except we're discussing sports. These 3 countries are currently locked in a race for Africa's sole representative in the UN permanent seat to wield veto power.

lezznjr:
South Africa is the most developed economy in Africa. It isn't Nigeria or Kenya.

Please Stop this blind patriotic madness!

Nigeria
South Africa
Egypt aren't supposed to be put in one sentence with Kenya except we're discussing sports. These 3 countries are currently locked in a race for Africa's sole representative in the UN permanent seat to wield veto power.

lezznjr:
Are you having logical impairment? In your last post you criticised data from world bank here:




What's the matter with you kenyans? You can't keep a straight line in an argument?

World bank has placed your poverty rate and power distribution rates higher than Nigeria. Fück stop! Deal with it and keep your frustrations to yourself.

Even within those who work in Kenya, a whopping 92% are low income earners. What's that tell you?
East Africa has the highest poverty and descriptive conditions in all of Africa . You can't change that on the pages of a Nigerian forum.

A mountain troglodyte like you who shares common habitat with reptiles and chimps should be grateful for the internet which accords you a faint taste of civilisation.

Dunderhead!

MtuMsuper:
Coming from a man whose countrymen eat anything moving, what a peach. Learn the art of sarcasm, it's way more entertaining than base insults which are quite frankly obsolete in this day. Go through this thread :
https://www.nairaland.com/3327789/kenya-ahead-nigeria-all-aspect/22#50208730

lezznjr:
The OP of that thread, by name Tonyebarnister is a hired goon of the opposition party. He is free to write and post anything. He has been called out and has tried to retract his steps.

You can't even stand me in sarcasm or blunt insults. My blunt epithets to you is a pure reflection of my perception of Kenya a country known for slums and Obama',s controversial birthing circumstances

Coldplay89:
But u know Kenya is not just about slums and indigence, if that's your perception of the country. Welcome to Kenya!!!!!!

lezznjr:
You can't even stand me in sarcasm or blunt insults. My blunt epithets to you is a pure reflection of my perception of Kenya a country known for slums and Obama's controversial birthing circumstances.

lezznjr:
Lolz! Every country has it's fair share of slums.

I'm only saying Kenya is number 1 in Africa.

Coldplay89:
I already told u in that other thread that the claims are untrue.

In the other thread, I requested u to read this, but I believe u ignored it: The Guardian- The Kibera Missing Millions (Part I)

lezznjr:
Lolz! Every country has it's fair share of slums.

I'm only saying Kenya is number 1 in Africa.

[b]Real estate remains a booming opportunity for Africa-focused investors for good reasons. The growth of Africa’s cities creates a demand for increased volumes of high-quality commercial and residential real estate.

The rise of the urban middle class drives retail property development, particularly as modern shopping malls spread across the continent.

A growing number of multinational companies are searching for office space in the newly emerging cities. The rise of regional tech hubs and an expanding oil and gas sector creates job opportunity with no place to house the employees.

Africa’s population boom is also a burdening factor on Africa’s cities. A need for mass market affordable housing, high-end properties and all in-between stems from the diversity in the multiplying populations, including middle to high-income locals and young entrepreneurial.

As an investor, these five countries offer the greatest investment opportunity in real estate (provided you find the right developer as a partner):

Angola

Angola is Africa’s fifth largest economy with Luanda and Huambo as its major cities. Despite the recent construction of new properties across the both cities, primarily Luanda, the country suffers from a lack of good quality office and residential space. Surveys reveals that the majority of the near 300,000 square meters of office space brought to the market during 2014 – 2015 was already pre-leased or sold before officially opening. Although oil prices have fallen, the oil sector remains the primary occupier of local real estate with no signs of letting up. Prices for office space, accordingly, are the highest in Africa at $150/m2 per month in Luanda (the 2nd highest in Africa is comparatively $65/ m2 less).

A growing industrial property market – largely associated with the oil sector – is fully occupied, particularly in the Luanda port area. Some space is available in Viana to the east of the city but with strict criteria for potential tenants (i.e., many potential tenants cannot get access to space). Officials are consequentially looking to boost warehouse space, especially as port activity increases in the near future.

The retail market, although in its infancy, also provides a high return on investment with prices at $120/m2 per month and a rapidly expanding middle class in Luanda.

The residential market may be the least attractive in the country. “In the country” is the key word. Downward pressure on residential prices from falling oil prices still means that you pay more than 3x the price for a house compared to the 2nd most expensive market in Africa.

Nigeria

Nigeria is Africa’s largest economy with Lagos and Abuja as its major cities. You get mix reviews from developers in Lagos and Abuja on the effects of recent construction. Capital has been poured extensively into both cities. Yet the prices in both markets are consistently at two of the most expensive. Lagos office space rents for $85/m2 per month while the Abuja office space, despite being in a market nearly 1/4 the size of Lagos, still rents for US$72/m2 per month.

As Africa’s sixth fastest growing economy (according to IMF projections 2015-2019), Nigeria is likely the most attractive market for retail property. Private equity funds have been active in this space in Nigeria for several years but prices remain high. It is home to the 3rd and 4th most expensive market for retail space at $80/m2 and $72/m2 per month in Lagos and Abuja respectively. New construction was delayed a little prior to the election but has resumed to normalcy with prices not projected to significantly drop until late 2016, if not later, as population growth in Lagos remains one of fastest in Africa. Housing prices accordingly still sit at the top of the range, only ‘outpaced’ by the aforementioned Angola. An executive house with 4 bedrooms goes for $8,000 and $8,500 per month in Lagos and Abuja…again, in Angola, the same property costs about $25,000.



Egypt

Egypt is Africa’s third largest economy with Cairo, Alexandria and Giza as its major cities. Egypt is not Africa’s fastest growing economy – not even breaking the top 20 in Africa for the next five years. But its retail market is booming and looks to stay so in the near future. The drop in the retail sector during the Arab Spring hurt the growing sector back in 2013 through 2014.

The return to growth in 2015 begins with regaining lost production to match pre-Arab Spring numbers and then expanding at a rate that could surpass pre-Arab Spring projections. Cairo retail space accordingly is renting for $100/m2 per month with some insiders estimating that the price could rise in the short term as consumer spending grows and retail development slowly catches up to match the demand.

Office space rents for $35/m2 per month in Cairo, making it one of top 15 expensive cities. But the presence of a significant amount of office space and rather slowly re-emerging economy (especially if you exclude the retail sector) limits the upside for this subsector. The industrial and residential market are similarly in the same situation with pretty moderate prices compared to other major African cities.

Mozambique

Offshore natural gas and a growing middle class underscores the changing real estate landscape in Mozambique and the country’s global reputation. It is projected as the 2nd fastest growing economy in Africa over the next five years, only trailing Ethiopia. Maputo is its major city (and capital). Although rather small for a major African city (with less than 2 million people), real estate prices show little sign of dropping.

Office space rents for nearly $40/m2 per month. Demand rapidly increases as banks, telecoms, and diplomatic/aid agencies consume the limited amount of good quality properties. The arrival of oil and gas executives has effectively led to the conversion of high luxury houses into office space until property developers can satiate the sector’s appetite.

The Mozambican government’s plans to invest heavily in the country’s industry and manufacturing market is pushing up industrial real estate as companies rush in. Prices at the ports, particularly for warehouses, is one of Africa’s most expensive. But most estimates and talk coming from government officials suggest this subsector may not be anywhere near as attractive as the office space subsector as the government may fit a good amount of the bill which should create downward pressure on prices.

Retail, although in a similar infancy stage, has a greater upside as consumer spending skyrockets. Retail space rents for $40/m2 per month in Maputo, which makes it one of the ten most expensive African cities for such space. Beyond that, it is also a city that will rapidly see rising incomes post-gas production and export in the near term.



South Africa/Kenya

Both countries are still ‘top opportunities.’ Retail space is attractive in both countries, specifically in Johannesburg (SA), Cape Town (SA), and Nairobi (Kenya). Retail space is the 5th most expensive at US$60/m2 per month in both Johannesburg and Cape Town and 8th expensive at US$48/m2 per month in Nairobi. Although attractive on the surface, insiders suggest that recent strikes in the South African market and the terrorism in Kenya has slowed the demand from potential retail tenants as the local economies flush out the internal issues. Office space prices moderated in the past 12 months in Kenya as business has been hesitant to expand until the government addresses its suddenly re-emerging terrorism concern. All that being said, we are discussing Africa’s 2nd largest and 8th largest economies in South Africa and Kenya respectively with Kenya as the projected tenth fastest growing economy in Africa through 2019. What seems risky to today will pay dividends in the long run…at least the numbers suggest so.
Comments
Author
Kurt Davis
Published
June 4, 2015
Direct Link[/b]

lezznjr:
Kibera isn't the only slum-dome in Kenya. It's just the largest in Africa and 3rd in the world.

There are 6 other notable slum-cities in Kenya.

lezznjr:
The OP of that thread, by name Tonyebarnister is a hired goon of the opposition party. He is free to write and post anything. He has been called out and has tried to retract his steps.

You can't even stand me in sarcasm or blunt insults. My blunt epithets to you is a pure reflection of my perception of Kenya a country known for slums and Obama's controversial birthing circumstances.

MtuMsuper:
ok. let's meet there.
PS: Your perception doesn't count,what with being 1 dimensional and all, talk less of your modest (to be kind) exposure to the world. I hate party politics, prefer the politics of partying.

lezznjr:
A Kenyan isn't in a position to discuss worldview or etiquettes given that only that area of game reserve in Nairobi bears the semblance of civilisation in the whole country--- thanks to a few benevolent Britons who made you earn a living from your primal dispositions.

Although, the Brits could keep the slums out of Nairobi, but couldn't keep the slums out of Kibera and other parts of Kenya as she firmly enstamp herself as the most decrepit habitat in Africa.

A Kenyan talking about world exposure must be thinking the world is one giant game reserve filled with animal escapees like Mauhawk!

[color=teal]lol

makes me wonder what those pictures he put was supposed to serve as[/color]

Lsofdk:
[color=teal]lol

makes me wonder what those pictures he put was supposed to serve as[/color]

freeze001:
Joke as in how? The verbal version of the comics he's fond of reading? I wonder why APC operatives and supporters never think things through! In this time where there is heightened sensitivity about the role of women and equality of the sexes that is when the mightily daft n dull president, standing beside a world leader who happens to be female, decides to make a tasteless, sexist statement about where she belongs and they call it a joke!

Do u guys realise the implications on our image worldwide? Did he even need to address his wife's interview via the press? What happened to a private conversation whether via telephone or face to face? What do u mean by saying that Garba says it's a joke and it should be left that way? That Nigerians are not allowed to have independent thoughts and opinions or he's the only one qualified to interprete the President's spoken words? Jokers!

lezznjr:
The world bank collate various sources including your own local data to make a comprehensive, irrefutable data.

You Kenyans don't know how the world works. African government and institutions are often wont to give unreliable and exaggerated figures.

And stop quoting Wikipedia here. It is not acceptable.

lezznjr:
Are you having logical impairment? In your last post you criticised data from world bank here:




What's the matter with you kenyans? You can't keep a straight line in an argument?

World bank has placed your poverty rate and power distribution rates higher than Nigeria. Fück stop! Deal with it and keep your frustrations to yourself.

Even within those who work in Kenya, a whopping 92% are low income earners. What's that tell you?
East Africa has the highest poverty and descriptive conditions in all of Africa . You can't change that on the pages of a Nigerian forum.

A mountain troglodyte like you who shares common habitat with reptiles and chimps should be grateful for the internet which accords you a faint taste of civilisation.

Dunderhead!

GERALD710:
Clearly you are the dunderhead here.
I have placed Two Links DIRECTLY FROM THE WORLD BANK THAT CLEARLY SHOW KENYA 38% AND NIGERIA 49%
You claim Nigeria has 33% Poverty rate according to the World Bank then place a link to a crackpot site that has NOTHING TO DO WITH THE WORLD BANK!!
SMH!!
Please, the Retard here is you because you cannot edit the World Bank pages.
It still says Kenya 38% and Nigeria 49% Poverty rate.

MtuMsuper:
Wasting your time with someone who sees fit to launch into a tirade of insults at the slightest (non)provocation. I think he gets a hard on from it. Pretty much like arguing with a fool.
Am outta here

coolscott:
What part of Nigeria do you come from? You might be making them look bad.

lezznjr:
Try again, mother nature didn't bless you with sacsrsm or intelligence.

But, coming from a Kenyan, it must take one heck of mental exertion to pull that dumb comment off.

MtuMsuper:
Wasting your time with someone who sees fit to launch into a tirade of insults at the slightest (non)provocation. I think he gets a hard on from it. Pretty much like arguing with a fool.
Am outta here

GERALD710:
Clearly you are the dunderhead here.
I have placed Two Links DIRECTLY FROM THE WORLD BANK THAT CLEARLY SHOW KENYA 38% AND NIGERIA 49%
You claim Nigeria has 33% Poverty rate according to the World Bank then place a link to a crackpot site that has NOTHING TO DO WITH THE WORLD BANK!!
SMH!!
Please, the Retard here is you because you cannot edit the World Bank pages.
It still says Kenya 38% and Nigeria 49% Poverty rate.

Knightngale:
You are the fool, your generations yet on born are fools, you son of a giraffe chasing ghetto nitwit. You shouldn't go, just hold on and get some pumelling.

Lawlahdey:
... Wicked

lezznjr:
Lolz, don't mind the half-witted son of a bugger. He keeps saying 'bye' and yet keeps coming back.

He loves my scalping more than he loves anal sex