Rvp2018's Posts
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Ruto was elected by 50% plus one kenya - and 25% in 39 counties out 47. Kalenjin are only 13% of Kenya. Ruto enjoy support of almost 2/3 of Mps. Kazikazi: |
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? Kenya PPP on water will be succesfully just like electricity PPP - because kenya already buy water. Just40: |
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. Just40: |
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. Just40: |
Concentrate on Ghana that has run out of forex. Just40:
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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. Obaaderemi2: |
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. Obaaderemi2: |
There was a one week delay salary in April Obaboon. You've been trying to make a meal out of it. Nope. Your Zoo remain a zoo Obaaderemi2: |
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. Obaaderemi2: |
So you were ranting on empty. I dont normally need to use the internet on kenya issues. I know many of them on my finger tips. I wish you knew even slightest thing going on in your Zoo. As a baboon you deserve to know what your Goat Buhari is doing or undoing. Obaaderemi2: |
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. Just40: |
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. Just40: |
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? Obaaderemi2: |
BasiGo [@BasiGoKenya] launches a high-power DC Fast charging station for electric buses in Buru Buru: —Has the capacity to charge 6 electric buses simultaneously & is projected to support 25 Electric Buses by year’s end —BasiGo now has 3 charging sites in operation in Embakasi, Kikuyu & now BuruBuru, —The Buruburu station will serve electric buses operated by OMA Services and Embassava SACCO. —The station is the first to be connected to Kenya’s new E-mobility tariff approved by EPRA in March —The E-mobility tariff provides low-cost power for electric vehicle charging during night-time hours when Kenya currently has a surplus of renewable energy supply.
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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. Just40: |
By next year - Nairobi would have overtaken the poverty capital of Lagos. Nairobi was six recently behind Durban gallivant: |
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. Obaaderemi2: |
Article written by a fellow mad cow. Just40: |
It a committment - it neither a loan or a grant - until it happens. Mad idiot. It's just an MOU. Just40: |
It even sad to see him push the Ghanian mad cow over the cliff. gallivant: |
First I am not a boy. I could be your father. But you're too stupid to be one of me. Obaaderemi2: |
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. Just40: |
Safaricom to assemble a 1million smartphones annually in Nairobi https://www.businessdailyafrica.com/bd/corporate/companies/safaricom-reveals-plan-to-set-up-smartphone-factory--4244820 Safaricom has revealed that it is setting up a factory in Kenya, which will assemble between 1.2 million and 1.4 million smartphones a year, making it one the biggest players lining up to implement President William Ruto's plan of producing Africa's cheapest gadgets. |
When I told South Africans that Nairobi will overtake Joburg they didnt believe. Driving on that Expressway - you dont need any more convincing. gallivant: |
Focus on your mental health first. Just40: |
Obaboon ranting. Yes where do you think EXIM BANK of AFRICA will get 4B dollars to lend to kenya. That one empty committment from arm chair somewhere in Cairo. Obaaderemi2: |
Focus on Ghana - with only 4 million metered connection in a country of 7-8 Million household. kenya has now 10 million plus metered electricity connection in a country of 12-13m household. The last push to universal coverage will definitely happen in two years. That would be first in Sub Saharan Africa. Just40: |
Idiots - what is signed are just empty committment - not money in bank - some of those are 5yr committments. For example - IMF has commited to lend broke Ghana 3.5B dollars in 3yrs - but gave out just 600M dollars - in 1st tranches - next tranches will be 8 months with good behaviour. Just40: |
Well kenya is adding 1.2 million electricity customers - that is 5 million people annually And gov is now doing final push to get to universal coverage. This was last year->Kenya Power hits 9 million customers, adds over 600k in six Months Broke Ghana continue crying https://www.businessdailyafrica.com/bd/markets/market-news/kenya-tops-growth-connections-of-electricity-3464710 Kenya has been ranked as the top country in the world in reducing the population with no access to electricity, pointing to the impact of the State’s focus on rural areas for nearly a decade. The Energy Progress Report for 2021, a product of a partnership between the World Bank and bodies such as the International Energy Agency, says Kenya’s electrification pace is now ahead of population growth. Kenya’s annualised increase in electricity access between 2010 and 2019 was at 5.6 percent — the largest among the top 20 countries in the world with the biggest electricity access gap. The increased pace of electrification, also supported by off-grid solutions such as solar, points to the fruits of the State’s last-mile connectivity programme, which was launched in 2014 mainly targeting rural areas. Kenya’s growth dwarfed the world’s average growth of 0.8 percent, with the closest countries being Bangladesh (4.1 percent), Uganda (3.2 percent), Tanzania (2.5 percent), India (2.4 percent), Myanmar and the Democratic People’s Republic of Korea with 2.2 percent each. Just40: |
EVs are catching fire in China - Kenya should prepare to transition with it. In 2-3yrs the public transport will see lot of movement to EV as petrol is very expensive. QueenNyakim: |
Kenya is not a small Zoo. What is borrowed is published and is well known. International borrowing has dried up - save for occasional IMF. Domestic borrowing still trending behind at 44.7% of target as at close of March 2023. Just40:
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Last census was done in 2019. Annually we are adding 1millin connection - that is 4-5 million kenyans 2019 to now 2023 - do the maths slowpoke. We have added 20 million more. In 2019 - 6,069,680 - census reported those household. In 2023 - we have 10 million household plus now. Just40: |
. Ruto was out looking for 600M syndicated commercial bank loans - and only got 200M.