₦airaland Forum

It even sad to see him push the Ghanian mad cow over the cliff.

gallivant:
With his stupidity, I feel bad for his real father.

First I am not a boy. I could be your father. But you're too stupid to be one of me.

Obaaderemi2:
The boy's jokes are always hilarious.

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:
They same way they've been able to disburse 51 billion in funds from 2016 to 2021

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:
https://pbs.twimg.com/media/FwwV4kCWcAATYCp.jpg

https://pbs.twimg.com/media/FwwV5N4X0BETl3w.jpg

Focus on your mental health first.

Just40:
You're not in Ghana league so let's leave it at that and focus on why only 50% of Kenyans have electricity and how to end darkness in Kenya

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:
@ empty commitment.

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:
keep dreaming when your last mile project had been suspended for years now. 😂🤣

It's only this month that the IMF and WB are ready to bring it back to life to end the suffering of the reaming 50% of Kenyans

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:
Did Kenya take 3 billion from Afriexim bank in May or not?
Is Kenya not taking 3.5 billion from world bank this May as well?

Before May, had Ruto not borrowed One trillion kshs already? Do you want me to post proof?

Keep posting Ruto talking points while all economist and your treasury and central bank report the truth to the IMF

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:
And since then there hasn't been any progress in Kenya as your country run out of money and went bankrupt.

Wan*ker Kenyans don't even have money to connect themselves to the grid even with electricity lines running Infront of their houses in Nairobi.

According to satellite data of light reflector images of Kenya which is taken daily, there hasn't been improvement

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:
Yes, the number of EVs out of 2 million resigstered vehicles so far is 671 but its slowly being phased out as its projected by 2040 50% of car sales will be 50%. Understandably because EVs have been getting cheaper and could match that of conventional motors as soon as 2025 or 2027. Even cheaper than petrol ones by 2030 at the latest.

https://theenergyst.com/when-will-evs-become-more-affordable/

https://www.brookings.edu/blog/africa-in-focus/2023/03/23/accelerating-adoption-of-electric-vehicles-for-sustainable-transport-in-nairobi/



Which so far Kenyan has been on track to reach by 2030.

https://kleinmanenergy.upenn.edu/news-insights/kenyas-clean-energy-transition-gets-a-boost-from-solar-power/



Where are you getting your sources from that only 50% of Kenyans have access to electricity? Last time I checked, as of 2020 being the least data I can find, 71% of Kenyans have access to electricity.

https://data.worldbank.org/indicator/EG.ELC.ACCS.ZS?locations=KE

Dont be pulling made up statistics from your ass.

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:
Kenya govt borrowing was 15 billion and the year isn't even over .

Kenyans are below wan*kers I thinking ability

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:
Tell that to your census authority 😂🤣

Germany
2020- Green energy - was 40%
2023- Green energy - now at 60%.
Annually 5% increase.
That means by 2030 - Germany will be full renewable energy
And it's economy remain resilient -
And Russia energy has been removed completely.

Just40:
lunatic... The same Germany that has pulled the breaks on green energy and is busy reactivating coal power plants ?

You're indeed mad... Was it not Germany signing fuel supply agreements with Qatar and African countries last year while busy increasing import of Russian gas from India ?

Kenya electricity is approaching universal coverage with clean energy. The EV is still at infancy - but it by far more advanced that many in Africa.

Just40:
how many of the 109,000 vehicles imported last year by Kenya was EV? Not even 0.5%
Kenyans can't even afford new cars let alone buy EV

Your politicians just set a 2030 target to be able to participate in the money laundering scheme.

Let's look at Kenya electricity consumption, only 50% of Kenyans have electricity and the remaining are in the dark. Geothermal can't be scaled up enough to cover them, wind and solar is too punitive to cover them so they are left in the dark

Nonsense. Ruto is so behind borrowing as he has refused to raise interest rate. With two months to go - Kenya gov borrowing was not even 50% of the target of 2022/2023.

Spend sometime and enrol in basic public finance - and maybe you will sound less like a Ghanian slowpoke.

StivoH2022:
Ruto is borrowing more than Uhuru.
I'm a Kenyan and we'll have to be honest to ourselves, nothing good is coming out of him, everything is just PR and propaganda

Mad cow, Germany has actually accelerated it move to green energy, after it was forced to wean itself from Russia oil and gas. And they are doing so well.

Just40:
You'll have to be a fool to damage your economy to believe in the nonsense money drain of renewables and Germany learnt the hard way.

56% of the energy comes from fossil fuels and that figure is going to rise as they have started increasing their fossil fuel import.

Untill Nuclear fusion is perfected, anyone who thinks of renewables is only playing to the gallery in a stupid politics

In just 8 months - Ruto has digitized 5,000 gov services - days before his deadline of june

Safe nuclear energy is part of the deal. Definitely oil and coal is last century polluting technology. Germany will not go back. You need a country full of idiots to go back to polluting the environment for cheap money.

Just40:
Again you still don't get it... The largest consumers of fossil fuels ain't cars but power plants and ships.

The EV cars are charged with electricity from from fossil fuel and it will remain so until Nuclear fusion become successful.

The Germans did not come and learn anything Geothermal, they are busy partnering with the Russians to invest huge money into Nuclear fusion

Let chip in your shoulder fall and you'll see things more clearly. There is nothing like them versus us. There is nothing like we invented or they invented. Scientist who invent things are not racist or tribal. We are all humans including rascals, racist and all of that. We do what is good for humanity.

QueenNyakim:
I'm not doing this as a "Haha, I gotcha moment" just dont want people falling for American right wing bullshit.

Kinda like how they say we never invented the wheel despite ancient civilisations in Sudan, Ethiopia, Somalia, and to an extent Tanzania despite using the wheel for stuff like pottery, water wheel, and transportation before the cave dwellers bashing each other over heads with fist sized stones even knew what a wheel was beforr it was introduced to them via middle east.

The day we agree with you I will be very worried. I like it everytime we disagree. I know I am still sane.

Just40:
🤣😂🤣 see another dumb person reading a dumb comment and saying excellent.

Ruto has solid track record of delivering. Right from MP in Eldoret, to Ass Minister (1st to be allowed to sit in cabinet), to minister, to Deputy (Jubilee first term success down to him) and to now.

Right now almost every world leader is tropping to see Ruto. Except Putin, China man and such idiots whom Ruto has no time for.

Finally the world can see the heir of Meles Zenawi - an Africa leader with brain, work ethic and leadership.


The stampede from leading world leaders with their investments delegation jetting into Nairobi for bilateral talks with President William Ruto underscores Kenya’s place in the world.

GeneralDae:
Then why does his statements contradict his actions?

Germany are doubling down. Their leader was in Kenya to learn about geothermal. Your friend in Russia can sell their oil to Chinese but for how long. China EVs are becoming huge. Already 25% of all new cars sold in China are EV.

Only countries that dont have thinking leadership are not preparing for the next decade.

Just40:
Yes there's a lot of money to be laundered and that is why it is being preached but it doesn't change the science.

Even Germany has learnt it lessons that green energy is a hoax and European countries are turning the nuclear power plants back on

Excellent. I wish these Ghanian would be taken back to school so they can string such cogent arguments.

Kenya is doing well on energy sector - and we are starting to see some movement in EV

And Ruto has definitely seized the momentum.

EV buses are starting to gather momentum


Simon W. Nderitu
@NderittuSimon
·
May 16
A normal day around Nairobi today MUST include the sight of Electric Buses. Here are two from rival EV makers Roam(left) and BasiGO(right).
Soon, combustion engine vehicles will give in and give up and park up!

QueenNyakim:
This is a typical climate change denier argument the right uses when they dont understand the Science.

Of course the climate is always changing. CO2 plays a large role in that change. Heres the thing though, humans are artificially altering our atmosphere by rapidly inflating and enriching it with greenhouse gases largely from burning fossil fuels. Most of the CO2 that is released into the atmosphere is aborsbed by the ocean but rising levels of CO2 means Algae in the oceans, which contribute to the photosynthesis conversion of CO2, will die off, which in turn affects other ecosystems.

As oceans grow warmer, H2O particles move around faster and are unable to store CO2 inturn create stronger hurricanes, storms, severe droughts more frequently, and melted ice caps that cause sea levels to rise.



Kenya is phasing out fossil vehicles on the roads and such by 2030 which so far they are on track to do so. This should be something praise worthy that other developed nations have failed to do thus far.

https://cleantechnica.com/2022/09/29/kenya-power-to-phase-out-fossil-fuel-vehicles-adopt-electric-vehicles/
https://www.esi-africa.com/energy-efficiency/kenya-on-course-to-achieving-100-clean-energy-by-2030/



Nuclear energy will never be clean especially Nuclear power plants. What do you think is used to cool down the plutonium rods to stop it from going into total meltdown and causing the surrounding area to become uninhaitable like Chernobyl for thousands of years? It is also a major security risk.

Ruto had a solid proven track record of delivering. He is not Ghanian dwarf who talked a storm over nonsense. Ruto talk sense.

GeneralDae:
Lol, the guy just talks and gives populism vibes based on grand speeches. We've seen many of such leaders already.
They are just vibes and inshallah.

You have worst education ever. No gov will ever stop borrowing. Gov intends to slow down borrowing until we hit recommended 55% debt to gdp in 2025.

StivoH2022:
We have the worst leadership ever in Kenya right now 😢 😑

Ruto admin is not Buhari.

Obaaderemi2:
5.7%
It remains to be seen if the projected 4.1 can be achieved. That can only be done if Kenya can collect enough taxes to pay for government obligations- a tall order.

Deficit to GDP ->5.7 to 4.1 percent of GDP.

Obaaderemi2:
Grasping at straws. What's your current deficit and what was it last financial year?

I excluded County security budget in kenya too. Every county has their own enforcement officers - for by laws, drugs, and such small crimes. Nairobi governor is inspecting his security officers. They dont carry guns - just batons.

GeneralDae:
😂😂 so Nigerian security budget is only that of federal spending on military. No internal or state security budget we can sum up. Clown 😄

“The authorities have responded promptly to the challenges. On the fiscal side, government spending execution has been prudent this fiscal year, consistent with available resources. Moreover, the draft FY2023/24 budget submitted to Parliament proposes to further reduce the deficit from 5.7 to 4.1 percent of GDP, with significant new revenue measures consistent with the objective of reducing the ratio of debt to GDP . Monetary policy has also been tightened, with the central bank policy rate having been increased by 250 basis points over the past year.

Obaaderemi2:
Monkey, nothing here suggests your deficit is 4%.

It too late to engage in climate deniliasm.
This time to get onboard and become the new winners of clean tech, EV, climate financing, green energy.
That is Kenya gov best bet and best foot forward.
There is definitely a lot of money out there in climate change/carbon trading waiting to be tapped by frontiers and leaders in new clean energy.

Just40:
Well climate change in the sense that they are preaching it is a hoax.

This is the climate normal process of undergoing intermittent periods global warming and global freezing as scientific records from the past have shown. Are we doing lost of damage by clearing the earth of trees ? Yes we are

Has Kenya cleared the fossil fuel vehicles on it roads yet? How about the planes and ships? How about the 50% of Kenyans without electricity? Has it placed a ban on it fuel import yet?

No one is hitting clean energy until Nuclear fusion is perfected

Again IMF who knows more about Kenya data than baboon in the Zoo disagree.

https://www.imf.org/en/News/Articles/2023/05/23/pr23171-kenya-imf-reaches-sla-5th-rev-eff-arr-rsf
The economy has been strained by a challenging external environment. The planned fiscal consolidation is appropriate, while protecting priority social spending. Exchange rate flexibility and proactive monetary policy will remain critical to preserving macroeconomic stability and supporting market confidence against the backdrop of a challenging global economic outlook and continued uncertainty in international financial markets.

The medium-term outlook for the Kenyan economy remains favorable. Advancing structural and governance reforms and sustaining efforts to build climate resilience, including by strengthening institutions to deliver and monitor Kenya’s ambitious climate agenda, will help support macroeconomic stability.

Obaaderemi2:
Ruto borrowed more in his first six months than Uhuru. He is not reducing borrowing.