rvp2018:
If we continue at this pace - we will hit 150B (kshs 15 trillion) in 2023. Then hit 400-500B by 2030. By then we will definitely be competing with South Africa. Nigeria we will not exists then or will be mired in a civil war - Oil-dependent countries are facing a bleak future. We just need to manage our ethnic based politics...

Ibrahimanis:

True but that's not what we are talking about, we are not talking value of FDI by region in Africa. He said East Africa always account for more FDI than West Africa, and I said historically west attracts more FDI than East Africa but I haven't seen the value for 2018, you can share if you have.

bantudra:


that is a start....thinkin people would look down on their selfs because you say so is complet madness....

do you think a afghani look down on himself or syrian or libyan....??...although their nations is completly in chaos....??

i already told you kenyans to first learn respect for others.....

anything else is trouble....

kikuyu1:


Hopefully our tax/GDP ratio will improve to at least 23%. Our current 18% is wayyyy low.

Just30:
West Africa, for a lont time has been the trouble basket of Africa

NairobiWalker:


BTW, post us the source of this information. We might be discussing something that was created by a bored teenager practising MS Excel

tylann:


I didn't look down on anybody
We were talking about Sudan
Let us go back to our topic of discussion

Jonraid:
West Africa led in more FDI's than East Africa

FDI in Africa at a 10-year low
FDI flows to Africa slumped to $42 billion in 2017, a 21 per cent decline from
2016. Weak oil prices and harmful lingering effects from the commodity bust
saw flows contract, especially in the larger commodity-exporting economies.
FDI inflows to diversified exporters, including Ethiopia and Morocco, were
relatively more resilient.
FDI flows to North Africa were down 4 per cent to $13 billion. Investment
in Egypt was down, but the country continued to be the largest recipient in
Africa. FDI into Morocco was up 23 per cent to $2.7 billion, including as a
result of sizeable investments in the automotive sector. FDI flows to Central
Africa decreased by 22 per cent to $5.7 billion. FDI to West Africa fell by 11
per cent to $11.3 billion, due to Nigeria’s economy remaining depressed.
FDI to Nigeria fell 21 per cent to $3.5 billion. East Africa, the fastest-growing
region in Africa, received $7.6 billion in FDI in 2017, a 3 per cent decline from
2016. Ethiopia absorbed nearly half of this amount, with $3.6 billion (down
10 per cent), and is now the second largest recipient of FDI in Africa. Kenya
saw FDI increase to $672 million, up 71 per cent, due to strong domestic
demand and inflows into information and communication technology (ICT)
sectors. In Southern Africa, FDI declined by 66 per cent to $3.8 billion. FDI
to South Africa fell 41 per cent to $1.3 billion, due to an underperforming
commodity sector and political uncertainty. In contrast, FDI into Zambia
increased, supported by more investment in copper.
The beginnings of a commodity price recovery, as well as advances in
interregional cooperation through the signing of the African Continental
Free Trade Area agreement, could encourage stronger FDI flows in 2018,
provided the global policy environment remains supportive.

Refrences

https://unctad.org/en/PublicationsLibrary/wir2018_overview_en.pdf

vaxx:
let me test your analytical skills. Ghana with a population of about 25 million has about. 81 plus university and Nigeria with population of about 180 million has about 300 plus university. which country has more university going by the percentage with the population of these nations?

i think the answer here should give you a fair understanding of the present argument.

Ibrahimanis:

Exactly my point West Africa accounts for more FDI than East Africa but your analysis on East Africa benefiting more because of lesser population is spot on.

Ibrahimanis:

Exactly my point West Africa accounts for more FDI than East Africa but your analysis on East Africa benefiting more because of lesser population is spot on.

Ibrahimanis:

Yeah I sat down in my room, and I was like "hey Anees, how do we deceive Kenyans today? "tell them you are a Kenyan? Nah too easy" "how about you are from mars? Too ridiculous" how about you form a chart that shows Manipulated Nigerian GDP, coz most of them reside in kibera and don't have access to internet, they are totally going to be fooled by that. Perfect absolutely perfect" and voila here is the manipulated Nigerian GDP.

https://mgmresearch.com/top-20-countries-by-gdp-2019-forecast/

Jonraid:
Lesser population,sheer number of projects and a lesser geographical area!

Jonraid:
That link is always important!

bantudra:


tahh....everybody will grow on their own paste....a banana tree doesnt grow the same like a coconut tree....

trying to seek out a african continental standard will fail....

we have people in nigeria that hate anything western....

vaxx:
not at all bro. bank is doing productive business, ponzi schemes is not.The different between rate of lending and rate of deposits are called interest spread and that is the bank’s Income.

For example, your deposit 1000 cedis in your bank and in return bank will give you cedis . 40 as interest at the end of one year (4% per annum ) For simple calculation and understanding i have taken only saving bank deposit here.

These 1000 cedis bank will give to other customers as a Loan and will charge 120 (12% Per annum).

Here cedis . 40 is the cost of bank and cedis 120 is revenue and the difference which is ghc 80 is the Income or you can say operating profit for the bank.

they are many ways bank make productive business thru service.


i honestly do not think the guy is rich enough, what he does was psychological brain washing. he created the idea that he is very rich and that sink well to the people.

many business also do that as well, there was a time oceanic bank in Nigeria created such idea, it surprised everybody that the bank can be bought by eco bank which is having a few customer base comparing to her.

not knowing despite being small, tbe few base customer are very productive.

tylann:

Maybe they prefer everything chinese

Just30:
Then Menzgold was not doing ponzi and that is why the regulators stayed away from calling it such.
because they just dont take depositors funds and sit on it
they create transactions

abbeg:
Hey I didn't insult anyone
I've been exchanging words with just30,your ambassador here for some time but he never insulted me.Atleast he gets that this whole argument is nothing serious.
But deep down in your heart you know it's the truth.Stop deceiving yourself.Or is Nigeria Ghanas little sister then
Those wings....

bantudra:


i hate you....if i met you in real life,i would try to strangle you....

sufferNsmiling:


You are the most stupid illiterate nigerian have ever seen you insulted a brilliant and knowledgeable nigerian future president cold sowore.sowore has one of the best presidential ideas in nigeria he has future and foresight then you attacked him then come and attack me I think you are one of the 40 million mental people in nigeria

bantudra:


i hate you....if i met you in real life,i would try to strangle you....

edon21:


hey you ve got to be careful here
40 million is like more than Kenya s population

Ibrahimanis:

Yeah I sat down in my room, and I was like "hey Anees, how do we deceive Kenyans today? "tell them you are a Kenyan? Nah too easy" "how about you are from mars? Too ridiculous" how about you form a chart that shows Manipulated Nigerian GDP, coz most of them reside in kibera and don't have access to internet, they are totally going to be fooled by that. Perfect absolutely perfect" and voila here is the manipulated Nigerian GDP.

https://mgmresearch.com/top-20-countries-by-gdp-2019-forecast/

BlcoChina2018:
I don’t give a fvck! Yes, Ai see Nigeria as Ghana’s small sister. And why not? You may be bigger in size but you may have siblings that are smaller in size but older. In any case, Ghana is not only older, it is a more responsible and sane country.

it is indeed a mighty big curse to have a country like Nigeria as anyone’s “big sister”

vaxx:
what investment are they using depositors funds to do.

edon21:


hey you ve got to be careful here
40 million is like more than Kenya s population

PROVERBZ:
lekki free trade zone dredging and reclaiming of lans just like in eko atlantic it costs 14billion USD its 2bn dollars refinery almost completed one of the biggest in the world being built by dangote will also contain a deep sea port to be built by the government and various amenities including luxury and affordable housing for the workers

Kenya's would find it interesting that the company overseeing this project is reandevour they are also over seeing the construction of tatu city and Appolonia city

now u see what we are talking about look at the technicality and the bold future it represents its one of the answers to Nigeria's problem as the refinary will power the whole of Lagos 24/7 and will also produce fertilizers for farms

PROVERBZ:
lekki free trade zone dredging and reclaiming of lans just like in eko atlantic it costs 14billion USD its 2bn dollars refinery almost completed one of the biggest in the world being built by dangote will also contain a deep sea port to be built by the government and various amenities including luxury and affordable housing for the workers

Kenya's would find it interesting that the company overseeing this project is reandevour they are also over seeing the construction of tatu city and Appolonia city

now u see what we are talking about look at the technicality and the bold future it represents its one of the answers to Nigeria's problem as the refinary will power the whole of Lagos 24/7 and will also produce fertilizers for farms

Just30:
real estate
they are the 5th largest exporter of gold in Ghana