Nigeria regional companies are countable. Kenya are not. In almost every sector - kenya companies have expanded regionally - it didnt start now - it started in late 90s. When kenya economy sunk in 1990s under the weight of sanctions, corruption and mismanagement - kenya companies took advantage of EAC (new) - and expanded to Uganda and Tanzania - and that expansion has gone further south to even South Africa - furthern north to Ethiopia/South Sudan - and even West Africa.

Name any sector - from even agricluture - kenya flower companies are the guys who went to Ethiopia and set up shop. Any sector kenya companies have expanded. The only competition was South Africa....but they are retreating. South Africa companies started also expanding around the same time - with end of apertheid and start of ANC.

As for Nigeria - you got Dangote, banks, fintech and globacom. FINITO. Almost every kenya company has regional branches.

GeneralDae:

What sectors are you talking about?

Speaking about non oil and gas investments, Nigeria is a powerhouse in Banking with the exception of South Africa and Egypt, Nigerian Banking sector is unrivalled. We also have big companies like Interswitch, Konga, MainOne, etc.
Out of a list of 75 fastest growing companies between 2017 and 2020, Nigeria has 20 Companies, South Africa has 24 and Kenya comes 3rd with 9.
If you take away Oil, Gas, Agriculture, Mining, etc, Nigerian investments would still outperform Kenya on average.

kikuyu1:


I didn't have time to read this book! It's ALMOST 500 pages and I couldn't find another way to get through to you.
Me and the RVP see alike on most things as we're Kenyan; meaning truthseeking yet humble unlike others I could name.

theenchanter:
u wonder too, abi?

yeah but I'm not surprised

Doing one billion dollars and less per year in fdi and still making noise on the continent can only churn out such a result.

rvp2018:
Nigeria regional companies are countable. Kenya are not. In almost every sector - kenya companies have expanded regional - it didnt start now - it started in late 90s. When kenya economy sunk in 1990s under the weight of sanctions, corruption and mismanagement - kenya companies took advantage of EAC (new) - and expanded to Uganda and Tanzania - and that expansion has gone further south to even South Africa - furthern north to Ethiopia/South Sudan - and even West Africa.

Son,everyone have expanded.Even Burundi is investing in TZ. And even Tz have expanded from kenya all the way to SA.

rvp2018:
There is no difference..from 4,000 to 12000 they considered upper middle income..not developed.They are third world.Kenya just need to double it's GDP per capita to be equal to Russia.

You just don't know economics so just shut up...

There's and absolutely different way of measuring countries like Russia and China

This problem esp in Nigeria. They invested in 12,000MW - spent billions of money - but peak production is not even 4,000MW - sometimes it even goes below 2,000MW. The reason the generating companies cannot for some reasons run the turbines all the time or when they run the distribution network collapses. And solution is to fix those structural issues...not invest in new plants.

Kazikazi:
African politicians will always mention installed capacity instead of talking about what a plant generates in a daily basis.I think most africans are thinking the same way that's why they hardy question it.These africans believe once u setup a power plant,then all the wattage will be available to consumers

rvp2018:
Exactly. Installed capacity is nothing if the turbines are not turning like Nigeria or Ghana because the generating company is broke or has no gas or oil. The measure to look for is GWH. It is what is actually generated per hour.

and you think with your 2000Mw generation capacity will be able to match countries with triple and almost 10 times your capacity? Anyway, by the time your country is able to make similar investment to achieve that level of install capacity, you'll learn sense



This world is really funny oo

Just40:
You just don't know economics so just shut up...

There's and absolutely different way of measuring countries like Russia and China

The point is... our GDP per capita is bigger than Ghana and Nigeria. The rest are not worthwhile.

rvp2018:
Last I checked fintech was tight competition btw tiny Kenya and giant (of nonsense) Nigeria. Kenya receives non-mineral FDI. Nigeria and most of Africa receives almost exclusively mineral or extractive FDI - which has had zero impact.

And kenya is also source of FDI - this year alone we are investing more than a billion dollars in Ethiopia through Safaricom. Almost 1000 kenya companies have expanded to the region.

all African countries receive non-mineral fdi too, it's not exclusive to Kenya alone.

Nigeria's financial sector, for example, receives more fdi than oil and gas sector......

And I really doubt ur companies invest more in other countries like Nigerian companies do.

rvp2018:
Nigeria regional companies are countable. Kenya are not. In almost every sector - kenya companies have expanded regionally - it didnt start now - it started in late 90s. When kenya economy sunk in 1990s under the weight of sanctions, corruption and mismanagement - kenya companies took advantage of EAC (new) - and expanded to Uganda and Tanzania - and that expansion has gone further south to even South Africa - furthern north to Ethiopia/South Sudan - and even West Africa.

Name any sector - from even agricluture - kenya flower companies are the guys who went to Ethiopia and set up shop. Any sector kenya companies have expanded. The only competition was South Africa....but they are retreating. South Africa companies started also expanding around the same time - with end of apertheid and start of ANC.

As for Nigeria - you got Dangote, banks, fintech and globacom. FINITO. Almost every kenya company has regional branches.

Kenyan regional companies are unaccountable? Are you serious?? I mean do you even believe some of what you peddle sometimes??
Anyway before we delve into the topic of regional companies, let's talk about inflow of investments. This is from your own Kenyan website on capital investments into African countries in 2021, note that Nigeria receives these investments despite being ranked as low as 14th best country in Africa to invest in.

Nigeria emerged the fastest-growing hub on the continent in terms of capital investments, attracting $6.6 billion, followed by South Africa ($3.8 billion), Angola ($3.1 billion) and Morocco with $2.4 billion in investments.
The telecommunications service sector received the highest capital investment totalling around $8.5billion, with the largest investments focused on Nigeria and South Africa as remote working and hybrid work models raised the demand for transformative business solutions.

https://www.theeastafrican.co.ke/tea/business/nigeria-leads-africa-in-foreign-investment-inflows-3652190

On a side note many of our tech companies have regional branches. Even in Entertainment, cinemas like Silverbird have West African branches, but we would get into all of that shortly.

Shma:


The point is... our GDP per capita is bigger than Ghana and Nigeria. The rest are not worthwhile.

but u know this is not true....

Shma:


The point is... our GDP per capita is bigger than Ghana and Nigeria. The rest are not worthwhile.

let me laugh it off

When did your GDP per Capita surpass that of ivory Coast to become bigger than Ghana and Nigeria ?


Which delusional world are you living in?

Thermal generators are available anytime on the market. Only stupid countries in West Africa call for them and have to them excess or idle capacity.If you were investing in hydro or geothermal or even solar one would admire it - at least Tanzania and Ethiopia are doing that - but procuring thermal generators - that you cannot provide gas or oil - and have to pay 1B dollars excess charge annual - is so typical of your BONOBOS.

And you dont even buy - you just promised IPPS to bring it - and you will pay for them - they ship it the same day - and then you struggle to pay for it.

There is small difference btw Nigeria and Ghana. Ghana run large generators. Nigerians like a million small generators in their backyards.

Just40:
and you think with your 2000Mw generation capacity will be able to match countries with triple and almost 10 times your capacity? Anyway, by the time your country is able to make similar investment to achieve that level of install capacity, you'll learn sense



This world is really funny oo

rvp2018:
Nigeria regional companies are countable. Kenya are not. In almost every sector - kenya companies have expanded regionally - it didnt start now - it started in late 90s. When kenya economy sunk in 1990s under the weight of sanctions, corruption and mismanagement - kenya companies took advantage of EAC (new) - and expanded to Uganda and Tanzania - and that expansion has gone further south to even South Africa - furthern north to Ethiopia/South Sudan - and even West Africa.

Name any sector - from even agricluture - kenya flower companies are the guys who went to Ethiopia and set up shop. Any sector kenya companies have expanded. The only competition was South Africa....but they are retreating. South Africa companies started also expanding around the same time - with end of apertheid and start of ANC.

As for Nigeria - you got Dangote, banks, fintech and globacom. FINITO. Almost every kenya company has regional branches.

if the bolded is what u mean by Kenya's fdi to other African countries, then u're a certified mad man.

theenchanter:
but u know this is not true....

It is.... Simple Arithmetic will give the you answer.

What do you think FDI is - if kenya agricluture company come to Nigeria and set up a farm - that is FDI.

theenchanter:
if the bolded is what u mean by Kenya's fdi to other African countries, then u're a certified mad man.

rvp2018:
What do you think FDI is - if kenya agricluture company come to Nigeria and set up a farm - that is FDI.

no, not farm.... Shops, idiot.

You're mixing inflows and outflows. We are talking outflows.

GeneralDae:

Kenyan regional companies are unaccountable? Are you serious?? I mean do you even believe some of what you peddle sometimes??
Anyway before we delve into the topic of regional companies, let's talk about inflow of investments. This is from your own Kenyan website on capital investments into African countries in 2021, note that Nigeria receives these investments despite being ranked as low as 14th best country in Africa to invest in.

Nigeria emerged the fastest-growing hub on the continent in terms of capital investments, attracting $6.6 billion, followed by South Africa ($3.8 billion), Angola ($3.1 billion) and Morocco with $2.4 billion in investments.
The telecommunications service sector received the highest capital investment totalling around $8.5billion, with the largest investments focused on Nigeria and South Africa as remote working and hybrid work models raised the demand for transformative business solutions.

https://www.theeastafrican.co.ke/tea/business/nigeria-leads-africa-in-foreign-investment-inflows-3652190

On a side note many of our tech companies have regional branches. Even in Entertainment, cinemas like Silverbird have West African branches, but we would get into all of that shortly.

You mean a nigerian man going to ghana and setting a shop is fdi
No that is probably illegal in many countries.
Nobody allow foreigners to come and do informal trading.
We certainly wont allow you in kenya to come.
FDI has minimum investment of I think 100K usd.
That allows you to register as foreign investor - bring in foreign investment.
Some countries have it higher or lower
But certainly no sane country allows shopkeepers from another country to open shop.

theenchanter:
no, not farm.... Shops, idiot.

rvp2018:
Thermal generators are available anytime on the market. Only stupid countries in West Africa call for them and have to them excess or idle capacity.If you were investing in hydro or geothermal or even solar one would admire it - at least Tanzania and Ethiopia are doing that - but procuring thermal generators - that you cannot provide gas or oil - and have to pay 1B dollars excess charge annual - is so typical of your BONOBOS.

You're just stupid

The Germans and French and almost the entire Europe who have shut down their nuclear plants and redirected all investment from renewables to invest in thermal energy plants are stupid, is that what you're saying ?


As long as there is an abundance of cheat gas, Thermal units will continue to generate the bulk of the world electricity.

It is only stupid and un serious countries that do not have excess capacity and ever reserve energy capacity. Countries who do not have turn to be countries who are not planning ahead.

Almost ever serious country I know has reserve capacity and excesses for peak seasons and future growth.

Any country relying on geothermal is not a serious country ready for development. Those tiny 50Mw and 100Mw cannot build a country.


Just so you know, it takes 3 years to build a thermal power plant.
As usual, you're dumb on so many things.

No wonder your country can only provide electricity to less than 50% of it population, it is not a serious country. Geothermal can't be scaled up.

Even Germany has realized than Solar and wind energy investment is just BS and it turning back to fossils.

rvp2018:
You mean a nigerian man going to ghana and setting a shop is fdi
No that is probably illegal in many countries.
Nobody allow foreigners to come and do informal trading.
We certainly wont allow you in kenya to come.
FDI has minimum investment of I think 100K usd.

idiot, don't deviate, u said it urself that Kenyan flower companies are the guys that set up shops in Ethiopia, and it's fdi.

Focus, comrade.

rvp2018:
You're mixing inflows and outflows. We are talking outflows.

For outflows, list ten of those Kenyan companies you said are unaccountable.

There is difference btw having reserve and having excess. You're paying a billion dollar for excess capacity.

Just40:
You're just stupid

The Germans and French and almost the entire Europe who have shut down their nuclear plants and redirected all investment from renewables to invest in thermal energy plants are stupid, is that what you're saying ?


As long as there is an abundance of cheat gas, Thermal units will continue to generate the bulk of the world electricity.

It is only stupid and un serious countries that do not have excess capacity and ever reserve energy capacity. Countries who do not have turn to be countries who are not planning ahead.

Almost ever serious country I know has reserve capacity and excesses for peak seasons and future growth.

Set up shops - figuratively - mean they went establish the farms - and infrastructure - neccesary to ship (again be talking planes) to europe.

theenchanter:
idiot, don't deviate, u said it urself that Kenyan flower companies are the guys that set up shops in Ethiopia, and it's fdi.

Focus, comrade.

Just40:
let me laugh it off

When did your GDP per Capita surpass that of ivory Coast to become bigger than Ghana and Nigeria ?


Which delusional world are you living in?

Ghana GDP - $72billion.
Ghana population - 33million.

Ghana GDP per capita. - $ 2187


Kenya GDP - $110billion
Kenya population - 49m

Kenya GDP per capita - $2289

theenchanter:
if the bolded is what u mean by Kenya's fdi to other African countries, then u're a certified mad man.

theenchanter:
no, not farm.... Shops, idiot.

Imagine boasting that Nigeria wee growers or Ghana wee growing have farms in Togo

There are so many - for example East Africa Breweries - one of Africa largest breweries

GeneralDae:

For outflows, list ten of those Kenyan companies you said are unaccountable.