₦airaland Forum

Sign of under-development. Unless you went to IVY league or Eaton type privellege schools - going to secondary school should not be something to be proud of.

This shows access to quality education is still a privilege - not a right. In progressive countries - everyone went to the school next door - which has the same education standard - as any in the country - they get the same budgetary allocation - same quality of teachers - and pass rate is the same.

obaaderemi:
The secondary school one attended is still very important to most of us if its a famous public school. The old boy system of public schools are still far more effective and interesting than the university old student thing.

Obaboon, I dont need validation. See how you're sucking up to the Ghanians so they can support you . The day you reach my level - of course you cant- you will be able to stand on your own feet.

What you're doing lately is pretty embarrassing - we might have to find some more apt moninker - you're now below the primate level - maybe the ungulates will want to adopt you.

obaaderemi:
You have been beneath several of the west Africans here from the word "go". The day I slide to your abysmal mental level is the day I'm going to deactivate my account here. Do you need me to remind you of how many times I've set you straight here?

If I ever go bonkers; I am sure I will still reason at least 10 times better than you. For now you're at retarded level. You're not mad like the resident mad one but mentally retarded.

obaaderemi:
As several people have opined here, that man is far gone mentally. He needs to stay off nairaland for awhile.

You must be a Ghanian to be able to reason (or not) like this. You guys are arguably the daftest folks.
You can have 3,000 boarding with 200 teachers or 20-day schools in each village with 150-200 kids; 10 teachers.
Which one is better?
You will be "developing" areas with large boarding schools while leaving the rest to become desolate villages.
Gov should focus on standard school package for every village; that should equalize education.
Every village will therefore have electricity, water, name it;
Schools should have lunch program - and that is it.
Even Colleges - TIVET - should be established in walking distance or at least 10kms radius from every village.
Universities should be within say 20kms distance from every village.
Boarding schools, hostels in universities, or college should be an exception.
It cheaper for everyone, spread development and really education like any gov services should be available anywhere and everywhere.

There are things that need to be consolidated in one area - like factories - your 1D 1 F is totally crazy. You want to have factories in one area to benefit from economies of location. So factories are best located in one special economic zone or industrial zone.

There are things that need to be dispersed - these are gov and social services - to at best walking distance from everyone. This a right to everyone. Every Ghanian deserve quality education right in their village.

Otherwise you will create a society where rich kids go to boarding or university or college - but poor kid in the village - cannot - because it expensive for them.

Heck reading from Ghanians here - you have already replicated the British class system - where kids who went to XYZ fancy high school - are more special than others - while in rest of world - 90% of people go to local schools, local college, local university - because they are of the same standards - with what obtains elsewhere - except 10% who need something really special or better.

mdntiri:
What about the large 'school economy ' that the boarding school system creates where there's a large market of/for consumers/producers of school furniture, books, teachers, administrators, cloth sellers, food sellers, carpenters, etc etc?

I've been saying Ghana should even increase her boarding schools to take maximum 3000 students. Day schools should do 1,500. We should build storey buildings/high rises to accomodate the extra numbers

Anywhere schools especially boarding schools are established, the local economies of these places also flourish. Add to that the extras of academic excellence, discipline, no to and fro transport costs etc and you'd see boarding has lots of pluses

African players will go nowhere in soccer until they work on their mind; on their mentality; on their psychology. Their natural talent will always amount to naught. Eliud could have chosen to just run - he is incredibly naturally talented - but he invested a lot in his mind - he read lots books - 3 weekly - he works on his mentality - is incredibly disciplined.

And for the first time a human has dominated a sport that doesn't lend itself for dominance - he dominates the marathon - 42km of tarmac - hardest of sports one can imagine - the training is incredibly hard - and you lose all your toe nails - it running hard for 5 months - just so you can perform in one race - everything has to come together or the four -five months of sacrifices away from family will come unstuk

Work on the mind and mentality of African sportmens - and they will achieve their true potential. Otherwise the usual....cry babies...we were robbed...100yrs later..



https://www.youtube.com/watch?v=X4la2sHwZB0


If you watch the team that achieved greatness like the Greece team that won the Euro - the German coach drilled on the hapless Greeks with mental block/loser mentality the German mentality - the mentality of winners. Germans dont complain. They dont prevaricate. They dont go around with long theories like the English or Africans. They accept failure and they set themselves on high standards. They work on their weak points. They work on what they can control. They dont worry about the referee.

King Otto. Talent is nothing without the MIND.


https://www.youtube.com/watch?v=YWLQUaIPkiY]

That is very very low standard. South Korea went to semi-final and you're meeting them. They dont respect you. Remember that. Dont be overconfident they will beat you - and KQ will be there to bring you home.

vaxx:
you are incredibly daft. I only made you know , Ghana had once qualify beyond group stage . You were arguing ortherwise.

I actually checked - Ghana gov own 0.01 % of Anglo_ashanti
Something is wrong in that NATION.
How did this happen??

Now they are chasing galamsy for gold to prop the cedis?

Kenya gov will never allow such strategic assets to be completely privatized.
https://www.anglogoldashanti.com/investors/shareholders/shareholder-analysis/

Ghana doesnt own the gold nor the crude oil.
How will they force Anglo Ashanti to have their gold exchanged for Tullow Oil.
That Ghana gov that has run out of it's thinking capacity.
If this was Saudi Arabia or even Nigeria with NPP or Algeria with PUBLIC sector or SOE oil or gold company - they could talk.
The first thing they need is to nationalize it's oil and gold sector - then they can do as they wish.
Ghana extractive sector is privatized - gold is owned by SouthAfrica-US congolemerate - and the Oil by Tullow & others.
Russia can sell in rubbles because there is no Shell in Russia - SOES owns and sell their natural resources.Therefore Russia minister of finance can decide...to prop their rubble with their oil or gas.

Monkey see. Monkey do.

Ghana should concentrate on getting into IMF program.

All they get from oil and gold is mineral royalties - and corporate taxes - they dont own oil or gas per see.

GeneralDae2:
I read somewhere Ghana wants to exchange gold for petrol rather than dollars due to the low dollars in reserves.

I think this is a good policy and Africans should wake up and try to find substitutes for the U.S dollars.

What do you think? @vaxx, Just40??

Olympic boxing records...

38 Kenya (KEN) 1 1 5 7
39 ROC 1 1 4 6
40 Belgium (BEL) 1 1 2 4
New Zealand (NZL) 1 1 2 4
42 Algeria (ALG) 1 0 5 6
West Germany (FRG) 1 0 5 6
44 Dominican Republic (DOM) 1 0 1 2
45 Sweden (SWE) 0 5 6 11
46 Philippines (PHI) 0 4 4 8
47 Nigeria (NGR) 0 3 3 6
48 Uganda (UGA) 0 3 1 4
49 Spain (ESP) 0 2 2 4
50 Belarus (BLR) 0 2 0 2
51 Azerbaijan (AZE) 0 1 8 9
52 Puerto Rico (PUR) 0 1 5 6
53 Australia (AUS) 0 1 4 5
Colombia (COL) 0 1 4 5
55 Egypt (EGY) 0 1 3 4
Ghana (GHA) 0 1 3 4

If we go by olympics - Kenya beat you stil.

I use The African Amateur Boxing Championships is the premier pan-continental annual competition for amateur boxing in Africa. The championships are organised by the continent's governing body, the African Boxing Union (ABU). The first edition of the tournament took place in 1962.

vaxx:
the idiot is using olympic measurements. Who do you this ?

Then grow some spine and improve in the next game. That is what we want to see. Not complaints.

vaxx:
graping at straw again. Ghana was once palting quarter final in south africa world cup. The only africa team then .

This is all time Africa boxing - Ghana is nowhere - Kenya is boxing giant of Africa. If this is your second best sport after football - then you truly UNDERPERFORM as country.

As of 2015 inclueding men's events of the combined editions until 2022:

The African Amateur Boxing Championships is the premier pan-continental annual competition for amateur boxing in Africa. The championships are organised by the continent's governing body, the African Boxing Union (ABU). The first edition of the tournament took place in 1962.


Rank Nation Gold Silver Bronze Total
1 Algeria 36 23 21 80
2 Egypt 20 17 13 50
3 Kenya 20 14 4 38
4 Uganda 18 15 12 45
5 Morocco 17 20 21 58
6 Ghana 16 17 15 48
7 Cameroon 16 14 9 39
8 Mauritius 13 9 7 29
9 Tunisia 10 3 16 29
10 Zambia 8 4 6 18
11 Nigeria 6 16 9 31
12 South Africa 5 9 21 35
13 DR Congo 4 1 4 9
14 Namibia 3 1 2 6
15 Mozambique 3 0 1 4
16 Gabon 2 5 7 14
17 Madagascar 2 2 4 8
18 Libya 2 2 0 4
19 Niger 2 1 0 3
20 Botswana 1 9 19 29
21 Senegal 1 4 8 13
22 Sudan 1 4 3 8
23 Benin 1 0 6 7

Show me Ghana in 2022 Africa medals.

Rank Nation Gold Silver Bronze Total Pts
1 Algeria 4 5 6 15 41
2 Mozambique* 5 0 2 7 30
3 Zambia 4 0 3 7 28
4 Morocco 2 5 2 9
5 Cameroon 2 3 4 9
DR Congo 2 3 4 9
7 Botswana 1 2 3 6
8 South Africa 1 0 9 10
9 Mauritius 1 1 0 2
10 Egypt 1 0 3 4
11 Sierra Leone 1 0 0 1
12 Kenya 0 3 1 4
13 Cape Verde 0 1 1 2
14 Burundi 0 1 0 1
15 Guinea 0 0 2 2
Uganda 0 0 2 2
17 Senegal 0 0 1 1

vaxx:
flaws

Yet you always exit in 1st round almost in every world cup with template of complains - racist referee.

vaxx:
you aren't debating, you are pained. We won under20 world cup championship and it is on record we are the only country from africa to have ever won it . You can keep graping at straw for the rest .

In most popular sport ( soccer) we are a big powerhouse in africa .

Yet Kenya has better boxing record than Ghana.

vaxx:
Another hogwash. The record can't be clean off. Boxing is the next most popular sport after football here.

I bet you only won the u20 by fielding u25 like Nigeria did.
Soccer is popular sports but it's not the only sport.
You're nowhere in sports.
In soccer - you suck - you are slighly better than any other african team.
Because face it - you will always exit in the 1st round.
So difference btw average Africa team and Ghana is 1st round.
You will face South Korea and if you dont work on why you lost to Portugal - the REAL REASONS - not the racism/half an inch of offside.
You'll be with us watching soccer as spectators without a team.

vaxx:
You actually missed the sarcasm, poor student . I mean soccer is the most popular spot in the world , Deal with the rest . No sporting event will gulp over 300 billion dollar just for a single monthly event not even olympic for its five consecutive times . Qatar just did it . Soccer is the real big deal.

I just told you , we won under20 world cup yet you are still limiting it to africa standard . Are you daunce. Or is it because it is under20? Your submission is becoming irrelevant.

We are good at soccer simply because we invest in it , forget your nonsense body build .

You lost. When will you learn not to equivocate every world cup. This is sickening attitude that explain why Africa never reaches it's potential. One or two decisions cannot explain 3 goals you leaked. You lost...repeat 10 times. Every world cup - we were robbed - referee did this - ohoo racism. One can never run out of excuses when you start.

Then make your players and coach understand they lost - and work on winning. You have one more game - and it's over. You lose the next game - as always you're back to Africa on the next available flight.

Actually you're the bottom of group H. Your next game is a must win.

vaxx:
You are a dunce. So because I must point out black star weakness ,I need to hide out the corruption meted out against them ? What a porous thinking? Portugal won buy they won poorly . We loose but we loose galantly. That is the difference. In football, scoring goal is the most important aspect . We scored but we couldn't outscored our opponent. If at the end , we share same points with other team in the group (quite common), they will take the goals we score and the goals we received into account.so our two goals are not waste. Mr idiot .

Mugabe flatten the slums - which was a radical move - but rural-urban migration must be in tandem with formalization of the economy to create urban jobs - otherwise the results is rural immigrants will create slums and it's attendant problems

A UN investigation yesterday denounced Robert Mugabe's slum clearance operation, which has left hundreds of thousands of people homeless, as a "catastrophe" that violated international law.

The UN's 98-page report concluded that 2.4 million people had been affected, of whom 700,000 had lost their homes or livelihoods or both, in a humanitarian crisis of "immense proportions".

I dont dispute that Ghana is more Urbanized than Kenya. I dispute if that is a good thing. You study a little bit about premature urbanization and see why you've turn you cities into huge slumpolis. Kenya itself should not be at 25-30 percent with half the resident living in urban squalor - we should ideally only have 15 percent of people living in urban areas - and rest in rural areas.

How do we stop premature urbanization - Kagame in Rwanda forcefully send back people to rural areas - Mugabe in Zimbwabwe destroyed slums in Harare - and declare Zim a country of no slums.Somewhere like Kinshasasa is like 95% slum shanties - majority just escaping because of security and total lack of infrastructure in rural DRC.

As for Ghana - most of Accra for example should be declare unfit for human settlement - destroyed and rebuilt properly.

vaxx:
shut up, Any good report study will tell you straight, Ghana is well urbanized than kenya, and currently, Accra is the fastest growing africa city follow closely by ibadan( Nigeria). Houses are charged based on the area of location, there is value for property here. And you can quickly roll up your investment here particularly in real estate. The real reason almost every rich men are diverting into the business now. And again, Ghanaian are free minded people, we love our own privacy. everybody want to become a landlord , hence the reason for different types of structure.but With govt control area( they are law,) for example, bungalows aren't allowed to be build in airport city. Both 1 and 2. And by kind of fortune, Ghana recognised free own land and customary land, therefore we buy and build according to our Will. people can build a storey building and later add to it in a later year when they have they the financial strength. So, it is common to see a single room turning into two or full bedroom flat. The owner gradually add to the building as he or she can provide financially.

Giving institutions the option to build property only will only birth problems there will be lot of homeless people as many people will not be able to afford the kind of property a business venture has in stocks, or be able to finance it. Unless the rich only . And with a mortgage, it is really nice to be debt free, you can actually sleep well at night. We are not copying blindly.

Mad cow.

95% of Accra is slum. 5% is East Legon/Airport

Nairobi 95% of Nairobi land mass is great. 5% of land mass are occuppied by slums - majority illegally built in public land - river basins and forest edges - with people parked like crazy.

All the slum dwellers are victim of rural-urban migration - who arrive to find no formal jobs - that can sustain urban living - and should ideally be in rural areas farming if farming was profitable, good schools available, security and etc . It cheaper for gov to fix agricluture - and keep these people in their farms.

As for Nairobi versus any West Africa city - no contest

You can never really have a Nairobi versus Ghana picture or video contest.

It just not possible - unless you're a mad Ghanian

Just40:
Rants of a madman

Does this look like a sprawling slum to your glaucoma filled eye or it look like a well built community? That is what 80% of Accra and Kumasi communities look like. SUBURBAN Proper living.

https://www.youtube.com/watch?v=gdPrhsQvorg

Isn't that a reason why you can't post 90% of Nairobi? The shame of how slummy most part are is the reason why you can't post.

If you want, we can go community by community with videos , I have video of every community in Accra.


There is a reason why Your country comes out as the country with the largest slum population in Africa and there's also a reason why it is largely a village.

We have the infrastructure to move them quickly and that is why it is possible for them to live in their suburban dreams and be able to relax..

The rate of urbanization or optimal urbanization has nothing to do with Kenya. Look at China - it just got to 50 percent. Look at other countries.

Ghana, Nigeria, DRC and many Africa countries have a pre-mature urbanization that created sprawling slums.

Most of Ghana cities - including Accra and Kumasi - quick picture test - SLUMS - entire city is almost a slum to me.

Urbanization should go in tandem with Industrialization/Formalization.

You cannot cram people in cities without opportunities, infrastructure to move them quickly, sewage, water and all critical infra.

They are better off in the villages. Make the villages work for them. At least the poor can grow their own food - and live cheaply.

Just40:
The fact that Ghana is more developed than Kenya in every sector should give you an idea why we are more urbanized with commercialization in every community.


Your point 2 rant is just another rant all because Ghana managed to create beautiful communities with proper housing in it suburban towns where majority of the people choose to live because they are well to do.

Packing people in tin cans in Nairobi is abnormal, atleast there should be some kind of standard and not those nasty Soviet blocks

Nobody cares about beauty or wonderful. They want to win. I want you to address the weakness in the team. The team lost. You should devise a WIN despite and inspite of any rigging/unfairness. That basically mean NO EXCUSES. The press and Ghanians should not push that theory of we were stolen. They should tell Ghanian footballers they DISAPPOINTED. THEY FAILED. THEY LEAKED THREE GOALS in a world cup match. THEY SUCKED. THEY WERE BEATEN. THEY CAME OUT WITH ZERO POINT.

Now on the next game - they work on the weakness

vaxx:
whatever that rocks your boat, the fact remains that Ghana play a very wonderful football. Any good coach will tell you that . Our performance was at best but not enough. The earlier penalty sent a bad signal , demoralized the players but wasn't enough to stop them from firing a good two shot in. That is awesome . Our remaining two match will be beautiful as well.

Ghana is not urbanizing faster than Kenya. It urbanized long time ago. It prematurely urbanized creating slumpolis. Houses for rent, AirBnb, and any decent housing is expensive because there is no supply of decent housing. Almost everyone in Ghana just buys or get a plot - and build their own ramshackle without water or sewage - or even metered power. The main rentals available are normally corner or extension of the main houses.

Problems
1) Premature Urbanization - 50% plus urbanization at your stage of under-development is not good - half of those people should be in their villages digging or tending to goats.

2) Informal housing created sprawling slumpolis without decent formal housing sector.

Quick solution - stem any further urbanization and even reverse if possible - by making sure rural development happens - and most important start to formalize housing sector.

Let big insurances, pensions, real estate firms and others build huge uniform standard housing that are affordable to Ghanians - who should get very cheap mortagages. This is what Kenya is now doing. Someone from university should after 1-2yrs be able to get cheap mortagage - and be on rent to own.

Not every tom, dick and harry building their own thing.

vaxx:
The house advance rent payment option only happens in Urban area and because Ghana is quickly urbanizing, there is much more demanding in the central urban where there is major commercial activity hence the demand from the greedy landlord . Here in the north for instance , even sheep's and cow sleep in a big room , too much empty house. People are really moving to much more urbanized area. And it is on record Ghana is more urbanized than kenya .

At least Senegal has become the 1st African team to win a game -- against the hapless host. 2-Nil so far. The African team mental or psychological block continues. It can only be dealt by team focusing on their players mentality.

You lost. Football has no appeal mechanism. The last whistle ended the game. You focus on the next game or next world cup. The usual cries. Focus on what you could have DONE better. Things within your control.

vaxx:
To the idiot who said we should not throw the narrative of being robbed.
This is a statement from retired English referee.


“The VAR, in my opinion, should have gotten involved, should’ve invited the referee over to have a look at it,” Mike Dean, has questioned the officiating in Ghana’s 3-2 defeat to Portugal in the 2022 World Cup on Thursday. American referee, Ismail Elfath, penalized Mohammed Salisu for the least contact with Cristiano Ronaldo to award the two-time World Cup semi-finalists a penalty.
Mike Dean believes Elfath should have been invited to review the incident at the pitch side Video Assistant Referee (VAR) monitor, but that was not done. He continued, “I like to back referees all the time, but you can’t support stuff like that. You can’t defend the undefendable. “For me, it should’ve been overturned, he should’ve gone to the screen…100% it was wrong.”

Gov job is not do business.
That is just communist hangover that kwame Nkrumah infected you.
Ghana gov job is to build roads and such...pay Ghana teachers better than crap you pay...pay police better.
Why are you investing in VRA directly - why cant they not borrow on the strength of their assets.
Kengen in kenya - borrow to build dams - and kenya treasury doesnt care - unless the creditor ask for a treasury gurantee.
Even SGR is really loan by Kenya Railways - but of course that one has public gurantee.
Kenya Railways should be able to borrow using their assets - they own huge prime lands for example.
SOES unless debt is publicly guaranteed we are not obligated to save an SOE that goes down.
We leave it to creditors to sell it.

Just40:
Naa Ghana does not borrow uselessly like that.

You must have something to show for that huge borrowing and not just a loss making SGR..

Well according to the WB, you have to factor in SOE borrowings because your government becomes liable when they default.
This is the reason why you're at the IMF because your SOE debts brings your total debt to 105 billion dollars.

Ghana 54 billion dollars debt include all 101 SOE debts and the greatest holders of the debt are GNPC, Ghana Gas, Explorco, VRA and etc... All of which are companies flush with cash and are capable of paying the debt. None has defaulted on their obligations.

Various development that relief Ghana with 3 billion dollars hard cash yearly to be spent in other areas instead of outside the economy.

It just Fintech, Banking and Dangote.
Kenya it's everything.
East Africa Breweries - run brewers in all countries around here.
Kenya cement companies - have regional operations
Name any company and any sector - even selling eggs - kenya company likely to open a branch everywhere.
Kenya hotels the same - I think Nigeria has Eko Hotel brand now - that is some progress
Apart from the now increasingly hostile Tanzania

You dont have regional expansion. This began in late 1990s in kenya when our economy tanked and region started to grow.

Now kenya is going for continental expansion. Soon you will see kenya companies all over Africa replacing the retreating South Africans. Thanks to Africa Free Trade Area.

Let hope Ghana doesnt sink with Africa Free Trade secretariat

68816419:
Provide me any industry in any country in Africa, and I'll give you Nigerian investors for that industry. Nigerians work in the ICT sector in the majority of African countries, and Nigerian banks are found everywhere in Africa (4Nigerians banks are making profits in your country Kenya).
In most African nations, Nigerian businesses are the biggest investors in the oil industries.
Would you like me to bring up Nigerians startups, agriculture, or insurance?
1- In oil and Gas sector( Southern African) : ZCCM IH has signed an agreement with a Nigerian petroleum firm to explore for oil on two exploration blocks in Zambia.
2. in Banking sector , Angola (Southern Africa ) : Access Bank Plc has entered into a binding agreement with Montepio Holding SGPS S.A to acquire a 51 per cent majority shareholding in Finibanco Angola S.A, one the largest bank in Angola and one of Portugal’s well-established commercial banks

3. financial technology and payment card: Interswitch Group: (All East African NATIONS ) Nigeria platform who is rivaling Mastercard , the Nigerian payment card brand owned by Interswitch Group, Verve, has expanded its reach in Uganda , with a partnership with KCB Bank Uganda Limited.
4.

I gave one example.
Kenya gov has definitely borrowed more than poor Ghana. We borrowed 35Billion externally - 45B internally - so when it come scale you're not there.
And we dont factor borrowing from SOES - because SOES do their own thing - they borrow from kenya banks, foreign banks, or do right issues or sell their own bonds.

Unless kenya gov gurantees that debt.

Now for you - Ghana borrows - Worl bank gurantees- then you claim the money is for SOES?

The image I am getting is a primitive economy that you have in Ghana - where the line btw company and gov is blurred - now we hear crazy stories like gov is involved in profitable ventures . Kenya gov uses SOES to do such things and they are independtly run - and do their own stuff - only on few instances do treasury step in to gurantee their borrowings - otherwise if they go bankrupt - treasury can bail them or leave them to die.

Below are SOES debt that Kenya Public - treasury - guranteed.

That 750M dollars from EXIM bank was for purchase of Boeing Jets from US - they only become a liability if SOES default - I think KQ defaulted this year - and treasury has to pay. The good thing KQ has paid from 750 to only 80M remaining.

Just40:
you want to compare 700 dollars to 13 billion dollars?

The books are still showing debt because we're still borrowing to invest in more fuel securities for our economy and laying pipelines to various places expanding our economy.

Europe does not want to invest in fossil fuels and recommending Africa keep it fossil fuel in the ground but it is busy roaming around Africa looking for gas so it doesn't freeze ... Why don't they turn on their solar and wind power on to provide electric heaters enough power for heating?

So my govt have to step in to provide investment for our gas sector.

Banking & Fintech you're doing okay - but even simple things like Insurance you're nowhere.
Our banks are everywhere. Our insurance companies the same. Fintech the same.

Kenya in whatver sector - we have huge depth of expansions - because our companies have REGIONAL EXPANSION as their number one strategy.
When you do GDPS of these countries - remember kenya companies are one doing most of ttheir "private sector".

West Africa is not competitive - It's that Nigeria has left the French to dominate - and has not developed their private sector capacity. Thank goodness for bank reforms that collapse your banks to 18 - and Dangote - otherwise you're DEAD.

Example: Kenya Re-Insurance - this majority owned by Kenya gov - they did IPO for 40 percent few years go.

It has operation I think even in Nigeria.

Kenya Re is the oldest reinsurer in Eastern and Central Africa and serves over 265 insurances companies in 62 countries across Africa, the Middle East and Asia with over 50 percent of its revenue being generated from foreign markets.[2]

obaaderemi:
Banks, Dangote, Globacom, fintech, oil and gas. Is that not enough? But we will add more. Paga is already in Ethiopia, Interswitch is in East Africa, Sahara energy is trying to break into the east Africa market.

We may find west Africa a bit hard to dominate because west Africa is more competitive than East Africa. Look at the countries you mentioned and compare them to west African countries. Ghana is ahead of both Kenya and Tanzania', Togo is ahead of Rwanda, Benin is better than Uganda, south Sudan and Somalia. Cotedivoire is better than Ethiopia.

Then why are the books still reflecting Ghana owes all that billion if you've run profitable venture.
I think you're ignorant.

Kenya SOES - whatever sector - borrow money of their own - KQ borrowed close to a billion dollar to buy planes
Kengen - borrows from Japan - to build dams.
SOES borrow from US or China or France or Italy or UK or wherever
And unless it such a big sum - it's really their money - and their security - if they fail to pay - Japanese bank will come and take their asset.

Now on very few instance we have public gurantees - where Treasury accept to be gurantor of SOE - like KQ 700M dollars to buy jets.
This year KQ was unable to pay - Treasury will take care of them.

If you check our external debt register - you'll see KQ loan - under public gurantee - but anything else they borrowed that is their problem. They are almost 400 SOES/Parastals doing their own things.

Gov of kenya borrows to do what Gov should do - build roads, provide free school, healthcare - not invest.

Investment is separate arm of gov - and gov is just a shareholder - either alone or most of the time with others.

Just40:
in Our 3 years power crisis era.. we needed to inject huge capital to acquire new generating capacities and ensure our fuel security.... An investment size that only the govt can marshall quickly. So the govt the govt borrowed 13 billion dollars and put those loans on the book of all the new power ventures that it created .... 5 years down the line and almost all of them have finished paying back those monies and we have solved our electricity issues. Now all those assets are debt free and under collective management.

So the Govt was just a guarantor of the debt...

So as you can see... We don't spend borrowed monies on loss making ventures.

Learn and stop wasting Kenya expensive borrowed monies on loss making ventures and Kenya won't find herself in the debt crisis it is in

We been through this. It's Banks, Dangote, Globalcom & Fintech.
End of Nigeria expansion story. You dont even have companies dominating west africa.
Kenya it's almost every industry and by thousands of companies in almost 10 countries - Zambia/Mozambique,DRC, Burundi, Rwanda, Uganda, Tanzania, South Sudan, Ethiopia and Somalia. - then a few have expanded beyond that region.

68816419:
Provide me any industry in any country in Africa, and I'll give you Nigerian investors for that industry. Nigerians work in the ICT sector in the majority of African countries, and Nigerian banks are found everywhere in Africa (4Nigerians banks are making profits in your country Kenya).
In most African nations, Nigerian businesses are the biggest investors in the oil industries.
Would you like me to bring up Nigerians startups, agriculture, or insurance?