Mekatilili wa menza,
matsuo,
you are going way to low to expose your cards and Ulole might copy such projects. The pace Kenya is going with in terms of development necessary to increase economic growth factors minus complete donor dependance is impressive. While Kibaki goes to seek for concessional loans from Rio, I know they have agreed to increase the to-and-fro frequency of FDI partnerships between the two nations.
1. That evidently means that FDI from Rio will be allowing investments in Kenya necessary for a less constrained economic growth.
2. It will increase budgetary support and help increase servicing and completion of accumulated internal debts
This is quite the opposite picture with our fellow EAC members,
Donors involved are only interested in heavily whisking away natural resources to propel their economies leaving them hot-and-dry (minus FDI investment) pampered with
extensive debt relief programs. The BRICS and emerging African economies have common interests. I am sure the model Kibaki is creating together with the
BRICS will be more popular than the imperial designs approach normally taken by the west and will be even employed by many African emerging economies.
kshaka
I know that Eurozone has reached the melting point and there is no coming back to original state. A slow and quiet storm is brewing between the Eurozone members and the paymasters and its only a matter of time when we will see fireworks. The once developed euro-zone members have been reduced to
beggars in their own right. I would think it's a blessing in disguise for Africa's nations to learn from such fast paced development that leaves the coffers high and dry.
Ulole, Such perceived "begging" is seeking for concessional loans which is much more reflective and realistic than MDRI and HIPC. Apparently Kenya has graduated from the HIPC list into a middle-income driven economy