I am seeing projected for 2021 was 3400mw. Where did you get 4400mw.

Just40:
Not true
We ended that in 2018 and today, our energy consumption stands at 4400MW which is almost close to our total capacity generation..

You don't have to be pissed because your country borrowed to invest in loss making business while we invested all our borrowed money into highly profitable businesses.

rvp20182:
Ghana the land of the golden stool worth 76 billion
copied..
one of the most outrageous bonds out there must be the $1bn lent to Ghana in 2015 at 10.75% interest with a $400m guarantee from the World Bank.A buyer of the bond in 2015 is already guaranteed to get $1.15bn. And they are still 'owed' $1bn, and $860m of interest payments

NGAIEEEE!? What's the story?

obaaderemi:
On Eurobond, since you know so little, let me answer you with this excerpt:
https://www.uxolo.com/articles/7130/Which-African-sovereigns-are-most-likely-to-default
Since you are ignorant about these things, Nigeria's Eurobond repayment is a paltry $2bn while Kenya's is $3bn. You could have gotten into deeper water if you hadn't run to borrow commercial loans this year instead of floating another Eurobond. All the same, it's still not an excellent deal for you.

Clap! Clap! Clap! Constantly you prove what happens when the � clown takes over the econ class.
Continue!

BAUCHI STATE (Northern Nigeria) - a small town in Northern Nigeria that has better roads than any city in Kenya and is the location of the renowned Yankari National Park, In this metropolis of around 800k residents, all of the streets are paved with pedestrian walkways.


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

Ramaphosa in Nairobi for the creation of Pan African airline - a partnership btw SAA and KQ
https://www.theeastafrican.co.ke/tea/business/pan-african-airline-plans-fly-into-headwinds-3935996
The quest to create a pan-African airline through a joint venture between Kenya Airways and South African Airways by June next year is facing early turbulence after both carriers sought exemption from clauses on the competition.

Kenya Airways (KQ) last week said it is seeking exemptions from the clauses in Kenya and regional trading blocs, several months after South African Airways (SAA) raised the same plea back home.

The move means it will be difficult to implement the Single African Air Transport Market (SAATM) and the Africa Continental Free Trade Area (AfCFTA) initiatives that are key in having a continental airline.

Mkenya2019:
I am seeing projected for 2021 was 3400mw. Where did you get 4400mw.

Ghana peak demand for the last few years
2019 - 2804Mw
2020 - 3280Mw
2021 - 3740Mw
2022 - 3984Mw

We've not ended the year yet and we are already at 3984 megawatt. You can see the trend of at least 400Mw increase in demand yearly.
So from 2023, we have to start adding 400mw of electricity else we will have electricity problems from 2024 going.

The West African nation has an installed energy generation capacity of 5,050MW comprising hydro, thermal and other renewable energy sources.

However, dependable generation is 4,742MW... Out of this dependable generation, we require an 18% reserve capacity which means in 2023 we have to sign a 1200mw to 1600mw power generation agreement inorder to have it onstream by 2026.

This huge demand is being driven by the manufacturing sector, service sector and household consumption.

That's the sign of a growing economy.

President Ruto: On behalf of Kenyans, I express appreciation on the progress that we have made in the long awaited visa-free regime between Kenya and South Africa.

Kenyans holding ordinary passports will be allowed to enter S.A for up to 90 days

https://energycom.gov.gh/files/2022%20Energy%20Statistics.pdf
Your regulator has this...
Annual growth of 5%
You will be paying for the over-capacity for quite some time.

Just40:
Ghana peak demand for the last few years
2019 - 2804Mw
2020 - 3280Mw
2021 - 3740Mw
2022 - 3984Mw

We've not ended the year yet and we are already at 3984 megawatt. You can see the trend of at least 400Mw increase in demand yearly.
So from 2023, we have to start adding 400mw of electricity else we will have electricity problems from 2024 going.

The West African nation has an installed energy generation capacity of 5,050MW comprising hydro, thermal and other renewable energy sources.

However, dependable generation is 4,742MW... Out of this dependable generation, we require an 18% reserve capacity which means in 2023 we have to sign a 1200mw to 1600mw power generation agreement inorder to have it onstream by 2026.

This huge demand is being driven by the manufacturing sector, service sector and household consumption.

That's the sign of a growing economy.

kikuyu1:


Clap! Clap! Clap! Constantly you prove what happens when the � clown takes over the econ class.
Continue!

Oloriburuku, you always have nothing tangible to say. Even your master couldn't debunk what I wrote about the distinction between our Eurobond debts and Kenya's. Stupidd old crackhead.

Kenya liquidity challenges ease - as inflation also starting to come down.
Look domestic debt market in kenya now has confidence in Ruto team - latest 153 percent oversubscribed - at 14 percent interest(big problem) .
IMF also happy with new reformist gov -

IMF has expressed confidence in President Ruto's debt management strategy ahead of disbursing a Ksh52.7 billion loan to the country.

What was there to debunk. You just posted someone analysis.
Nigeria has about 15billion dollars in Eurobond.
Kenya has 8-7B dollars
Your debt management is already a mess - as you're beyond 100 percent of revenues to debt.

obaaderemi:
Oloriburuku, you always have nothing tangible to say. Even your master couldn't debunk what I wrote about the distinction between our Eurobond debts and Kenya's. Stupidd old crackhead.

Mkenya2019:
What was there to debunk. You just posted someone analysis.
Nigeria has about 15billion dollars in Eurobond.
Kenya has 8-7B dollars
Your debt management is already a mess - as you're beyond 100 percent of revenues to debt.

Why should I actually be arguing with a Kenyan who thought the last time Kenya floated an Eurobond was 2019. Oga, you know nothing. It's just sad how you mislead idiots like the Kikuyuman and the sh.male here.

SGR is getting busier year by year.

Looking really good - they could almost double their passengers and cargo - unless Ruto move to allow competition with truck will affect their cargo business.

Wuoche:
SGR is getting busier year by year.

Australian minning billionaire inks deal to build green amonia fertilizer plant in Naivasha
In a major effort to replace imported polluting fertilizer, the Government of Kenya and Fortescue Future Industries (FFI) have signed a binding Framework Agreement on the sidelines of COP27, witnessed by the President of Kenya HE Dr. William Ruto CGH and Executive Chairman of Fortescue Dr Andrew Forrest.

rvp20182:
Australian minning billionaire inks deal to build green amonia fertilizer plant in Naivasha
In a major effort to replace imported polluting fertilizer, the Government of Kenya and Fortescue Future Industries (FFI) have signed a binding Framework Agreement on the sidelines of COP27, witnessed by the President of Kenya HE Dr. William Ruto CGH and Executive Chairman of Fortescue Dr Andrew Forrest.

Nigeria can supply your fertilizer demand. Say yes to intratAfrica trade.

I am only aware of these..

1) Kenya went for its first Eurobond in June 2014 where a total of Sh280 billion was borrowed in five and 10-year tranches. This inaugural Eurobond generated heated controversy after the government failed to show projects financed by the debt paper. - 3 billion dollars


2) The government went back for another Eurobond in 2018, where it netted Sh202 billion in 10 and 30-year tranches - 2 billion dollars


3) In 2019, Kenya was back at the international markets where it raised its Sh210 billion in its third Eurobond named the Kachumbari bond, that also repaid other loans and funded unspecified infrastructure projects. - 2B dollars - most used to retire/extend the frist one


4) 2021 - 1 billion dollars - 12yr bond.

obaaderemi:
Why should I actually be arguing with a Kenyan who thought the last time Kenya floated an Eurobond was 2019. Oga, you know nothing. It's just sad how you mislead idiots like the Kikuyuman and the sh.male here.

rvp20182:
I am only aware of these..

1) Kenya went for its first Eurobond in June 2014 where a total of Sh280 billion was borrowed in five and 10-year tranches. This inaugural Eurobond generated heated controversy after the government failed to show projects financed by the debt paper. - 3 billion dollars


2) The government went back for another Eurobond in 2018, where it netted Sh202 billion in 10 and 30-year tranches - 2 billion dollars


3) In 2019, Kenya was back at the international markets where it raised its Sh210 billion in its third Eurobond named the Kachumbari bond, that also repaid other loans and funded unspecified infrastructure projects. - 2B dollars - most used to retire/extend the frist one


4) 2021 - 1 billion dollars - 12yr bond.

Finished. End of Discussion at number 4.
Next!

Dangote is always welcomed to kenya - as long as he is not coming to seek favours like he does in other countries. He fears competition. Let him come and compete with fellow Australian rich man.

Kenya welcome everyone - black, blue, green, yellow - to visit/invest/live - hakuna matata - karibu tena.

obaaderemi:
Nigeria can supply your fertilizer demand. Say yes to intratAfrica trade.

That is tangential to the issues at fore - which that kenya has slowed down it's apetite for Eurobond as response to debt crisis - that is why IMF are happy with us - and unhappy with Ghana - and Nigeria.

obaaderemi:
Finished. End of Discussion at number 4.
Next!

Ghana hyperinflation on - at the rate of inflation/depreciation - we are looking at xmas where cedis will exchange 30 to a dollar

rvp20182:
That is tangential to the issues at fore - which that kenya has slowed down it's apetite for Eurobond as response to debt crisis - that is why IMF are happy with us - and unhappy with Ghana - and Nigeria.

The issue at fore is that you have a bigger debt burden than Nigeria.

Mkenya2019:
https://energycom.gov.gh/files/2022%20Energy%20Statistics.pdf
Your regulator has this...
Annual growth of 5%
You will be paying for the over-capacity for quite some time.

I like the way you don't have an understanding of Ghana

This does not include CEBS system load

For instance, in 2019, plus CEBS system load, total system load was 3078Mw.

The figures I report all have CEBS load which you get from Gridco.
So like I said, we are not paying any over capacity charge
That ended in 2018 ending when the last overcapacity facility was renegotiated and now as we speak...all generation capacity are almost used up.

Accra alone consumes the total electricity consumption of both Togo and Benin combined and this consumption is also more than Half the total consumption of Kenya.

rvp20182:
Ghana hyperinflation on - at the rate of inflation/depreciation - we are looking at xmas where cedis will exchange 30 to a dollar

Rate at Forex bureaus today is 13.5

Good luck getting an exchange from google

Try Twi otherwise put a link here so I can read for myself...

Just40:
I like the way you don't have an understanding of Ghana

This does not include CEBS system load

For instance, in 2019, plus CEBS system load, total system load was 3078Mw.

The figures I report all have CEBS load which you get from Gridco.
So like I said, we are not paying any over capacity charge
That ended in 2018 ending when the last overcapacity facility was renegotiated and now as we speak...all generation capacity are almost used up.

Accra alone consumes the total electricity consumption of both Togo and Benin combined and this consumption is also more than Half the total consumption of Kenya.

Just40:
Rate at Forex bureaus today is 13.5

Good luck getting an exchange from google

Did you go round all the forex..by tomorrow we will be at 15.. hyperinflation is on..we ended the day at 14.50..tomorrow it hits 15

obaaderemi:
The issue at fore is that you have a bigger debt burden than Nigeria.

We have the same revenues largely..but you have more debt than us...we are at 80b dollars...you're at 110b dollars.Your total budget including all the 36 states are about 40 billion..Kenya about 35b.From debt servicing ratio alone you're in problems. Your stats only good compared to your estimated GDP... which is just a random figure...not money in gov coffers. Nigeria is worse position surviving on oil windfalls but oil production is falling..now down to mere million barrel per day.The worse you're now borrowing to finance fuel susbidy.That right there is insane.I am nominating you to join Ghana next in the meltdown.Your only advantage your naira is not free floating otherwise black market rate is 800 plus.

Kenya has all the potential to become a prosperous country in Africa .

Kenya by luck, can count Obama,Rishi Sunak ,Suella Braverman as them via ancestry.
These might not seem important , but it matters as these people will have a little bit of soft spot to country of origin of their parents .
A dynamic president will utilize these small opportunities .

Secondly ,Kenyan total fertility is coming down ,which is very good news as parents can afford their children ,more resources for their development .

Most importantly, the future is in ICT (information technology) Nairobi has all the advantages , Good climate ,comparatively good infrastructure and talent .

William Ruto ,if he really want to transform Kenya ,should focus on human resources and infra .

They are many ICT professionals from African countries ,who want to relocate but unable to do so.


Lagos has advantage in human resources ,but due to security and currency policies , no leading multi national companies will come to Nigeria

400MW from Ethiopia to be exported to Kenya starting this month.The 400Kv line is now ready.This a huge milestone together with safaricom...Kenya bilateral relationship with Ethiopia now extends beyond just the military pact against Somali irredentism https://nation.africa/kenya/news/kenya-ethiopia-power-line-to-go-live-this-november-4014786

William Ruto , should decide whether he wants to be like Buhari ,who destroyed Nigeria literary . or want to be like Paul Kagame, who transformed a previously dying country .

EKONGKING:
Kenya has all the potential to become a prosperous country in Africa .

Kenya by luck, can count Obama,Rishi Sunak ,Suella Braverman as them via ancestry.
These might not seem important , but it matters as these people will have a little bit of soft spot to country of origin of their parents .
A dynamic president will utilize these small opportunities .

Secondly ,Kenyan total fertility is coming down ,which is very good news as parents can afford their children ,more resources for their development .

Most importantly, the future is in ICT (information technology) Nairobi has all the advantages , Good climate ,comparatively good infrastructure and talent .

William Ruto ,if he really want to transform Kenya ,should focus on human resources and infra .

They are many ICT professionals from African countries ,who want to relocate but unable to do so.


Lagos has advantage in human resources ,but due to security and currency policies , no leading multi national companies will come to Nigeria

Lagos has advantage in human resources ,but due to security and currency policies , no leading multi national companies will come to Nigeria

You spoilt your otherwise good submission above on Kenya with this. If you want to criticise Nigeria, criticise with facts.

(1) What is the security situation in Lagos compared to Kenya or better still what is that security situation in Lagos driving companies away?
(2) Are you saying there are no leading multinational companies coming to Nigeria?

As for the currency policies, you may have a point, but both of my questions above to you still stands.