₦airaland Forum

Just30:
Im looking at 2021

What you posted was a report released on March 2020.

68816419:
not even Abuja?

Them wan die , we no dey the same league na

Let's see the performance of retail sector. Observe the drop in Accra, Lagos, Cape Town, Johannesburg and Dar. Nairobi didn't drop and remained one of the better performing retail markets in Africa.

Kenya was the king of Africa fintech in 2020!

im looking at 2021 and you are looking at 2020

Jonraid:
These is where they focus... No Accra.

rvp20182:
99%-Nigeria records debt service to revenue ratio of 99% in first quarter of 2020. A cursory review of the data obtained from the MTEF/FSP report shows that in Q1 2020, Nigeria incurred a total sum of N943. 12 billion in debt service while the federal government retained revenue was put at N950. 56 billion

The zoo is beyond broke

The Federal Government of Nigeria achieved a debt service to revenue ratio of 83% in 2020.

That amount is less than 5% of our external reserve we could decide to pay our debt through that, but can Kenya do the same?, Do u even know that most of Nigeria's debts are internally gotten?
Imagine Kenya having more external debt than both Nigeria and SouthAfrica, with tiny external reserve, small economy and very little FDI?
Kenya is indeed a failed State

Jonraid:
Which tells you of good ROI when one invests in Nairobi. In other markets the slumps in prices might have been steep.

Nope not necessarily...

Wuoche:
Meaning Nairobi's Market was better than any market in Sub Saharan Africa when it comes to luxury homes. Or is there anything you can add on top of my view? .

Again.....it doesn't mean that at all!!

Wuoche:
Noise as usually. I don't argue with noise makers, good bye.

just facts

you can check their previous report for it

Shaytun:
Them wan die , we no dey the same league na

They make too much noise, we beat them in all accepts, we generates far more incomes from Tourism,Agri, Technology, Sports, Manufacturing, Entertainment, Housing , Transportation and many more than them

i posted a 2021 report

Wuoche:
What you posted was a report released on March 2020.

Just30:
just facts

you can check their previous report for it

Why should I check previous report when there is an updated report? Do you really listen to yourself?

Wuoche:
Let's see the performance of retail sector. Observe the drop in Accra, Lagos, Cape Town, Johannesburg and Dar. Nairobi didn't drop and remained one of the better performing retail markets in Africa.

And yet Accra retail market is still far valuable than Kenya, according to the same Knight Frank.

Just30:
i posted a 2021 report

You posted 2020 report.

Wuoche:
Why should I check previous report when there is an updated report? Do you really listen to yourself?

Cause it listed what you have to have to be in the 1%

Wuoche:
You posted 2020 report.

keep making noise

Just30:
And yet Accra retail market is still far valuable than Kenya, according to the same Knight Frank.

Maybe in another planet. Accra is not even among top 10 in Africa.

Just30:
Cause it listed what you have to have to be in the 1%

Post it we want to see it.

Wuoche:
Maybe in another planet. Accra is not even among top 10 in Africa.

Keep dreaming

Wuoche:
Post it we want to see it.

I dont have it anymore

but i can surely post it when i download it again.

Very nice; KONZA technopolis need to be expedited.

Jonraid:
Kenya was the king of Africa fintech in 2020!

18MW data center campus coming up - eventually will consume 45MW.
https://www.datacenterdynamics.com/en/news/ixafrica-breaks-ground-data-center-campus-nairobi-kenya/

Meanwhile 40% of Konza land is taken up
https://www.the-star.co.ke/news/big-read/2021-02-02-smart-city-development-at-konza-takes-shape-as-40-sold-off/

Jonraid:
MICROSOFT EAST AND SOUTHERN AFRICA HEADQUTRES,NAIROBI.

Almost a half of our debt is domestic.

68816419:
That amount is less than 5% of our external reserve we could decide to pay our debt through that, but can Kenya do the same?, Do u even know that most of Nigeria's debts are internally gotten?
Imagine Kenya having more external debt than both Nigeria and SouthAfrica, with tiny external reserve, small economy and very little FDI?
Kenya is indeed a failed State

Foreign reserves are NOT savings. This is "float" that is used for settling international trade and balance. If you sold them all off and paid debt with it - what will you use to import things to Nigeria - nobody wants the Naira outside Nigeria.

DO NOT CONFUSE FOREX with SOVERIGN(sp) wealth FUNDS. Nigeria soverign funds last I checked was about 10M dollars - that is all you managed to save from OIL. At least Ghana is trying...with 150M dollars

Nigeria revenues are about less than Kenya. You have more external debt than Kenya.

68816419:
That amount is less than 5% of our external reserve we could decide to pay our debt through that, but can Kenya do the same?, Do u even know that most of Nigeria's debts are internally gotten?
Imagine Kenya having more external debt than both Nigeria and SouthAfrica, with tiny external reserve, small economy and very little FDI?
Kenya is indeed a failed State

rvp20182:
Very nice; KONZA technopolis need to be expedited.

KanZar was dead on arrival, it will never be manifested, Abuja Development was started in the 1980s and it currently among the best country in Africa with Massive infrastructures, schools,
Light rails Airports, Universities, Industries and many more , Eko Atlantic land reclamation and all other infrastructures are completed with 7 buildings been completed as well.

Konza, Tatu, Two River Social City, Northland City,Vipingo City, Lamu city and even Isiolo resort cities are all actively being developed.

Konza is technocity like Cairo's techno city

so far phase 1 is on course
800 -Million Dollars Comitted
68-Parcels Available
53-Parcels Taken
22-Parcels under Discussion

68816419:
KanZar was dead on arrival, it will never be manifested, Abuja Development was started in the 1980s and it currently among the best country in Africa with Massive infrastructures, schools,
Light rails Airports, Universities, Industries and many more , Eko Atlantic land reclamation and all other infrastructures are completed with 7 buildings been completed as well.

rvp20182:
Foreign reserves are NOT savings. This is "float" that is used for settling international trade and balance. If you sold them all off and paid debt with it - what will you use to import things to Nigeria - nobody wants the Naira outside Nigeria.

DO NOT CONFUSE FOREX with SOVERIGN(sp) wealth FUNDS. Nigeria soverign funds last I checked was about 10M dollars - that is all you managed to save from OIL. At least Ghana is trying...with 150M dollars

Nigeria revenues are about less than Kenya. You have more external debt than Kenya.

Nigeria is sovereign is not 10m , the funds was $1b and an additional $0.5billion has been contributed to date by the current administration.
RVP: but how comes a tiny country like Kenya is having more external debt than both Nigeria and SouthAfrica, with tiny external reserve, small economy and very little FDI?

rvp20182:
Foreign reserves are NOT savings. This is "float" that is used for settling international trade and balance. If you sold them all off and paid debt with it - what will you use to import things to Nigeria - nobody wants the Naira outside Nigeria.

DO NOT CONFUSE FOREX with SOVERIGN(sp) wealth FUNDS. Nigeria soverign funds last I checked was about 10M dollars - that is all you managed to save from OIL. At least Ghana is trying...with 150M dollars

Nigeria revenues are about less than Kenya. You have more external debt than Kenya.

Ghana sovereign wealth fund is way above 150 million dollars

Because we are credit worthy; and we do not want to crowd out private lending like nigeria ; there has to be balance; otherwise you'll get nigeria mess; where banks are loaning to gov; not to Nigerians.

This is why gov goes for euro bond; so banks can lend to anybody; in kenya banks HAWK loan on the streets.

Your soverign wealth is very little..stop lying.

68816419:
Nigeria is sovereign is not 10m , the funds was $1b and an additional $0.5billion has been contributed to date by the current administration.
RVP: but how comes a tiny country like Kenya is having more external debt than both Nigeria and SouthAfrica, with tiny external reserve, small economy and very little FDI?

Our reserves are more than adequate. They can cover at least 4-5 months of our import which is the recommended timeframe. Revenues generated have a larger say when it comes to payment of debt.

68816419:
Nigeria is sovereign is not 10m , the funds was $1b and an additional $0.5billion has been contributed to date by the current administration.
RVP: but how comes a tiny country like Kenya is having more external debt than both Nigeria and SouthAfrica, with tiny external reserve, small economy and very little FDI?