TheBlackList Pub

For All Points-Of-The-View.

China's massive capital injection into key sectors of the Kenyan economy coupled with technology and skills transfer has unleashed prosperity and renewal in the East African nation.
Government statistics indicate that Kenya has received soft loans and grants worth billions of dollars from China since the country gained independence five and a half decades ago.
Interest free loans from China are behind Kenya's latest infrastructure modernization frenzy, growth of light manufacturing, innovations and skills upgrade among the youth.
Kenyans of a certain generation recall with nostalgia when China's soft and hard power started making a significant difference in their lives.
Hillary Njuguna, a middle aged father of three witnessed the construction of Moi International Sports Complex on the outskirts of Nairobi in late 80s by a Chinese contractor.
Njuguna said the largest modern sports complex in East Africa whose construction was made possible by an interest free loan from China remains an architectural marvel and an inspiration to youth aiming for a successful career in sports.
"As a young adult back in the late 80s and early 90s, a visit to Moi International Sports Complex to watch a football match was a thrilling experience. We also used to visit the stadium to participate in local athletic championships," said Njuguna.
The blossoming Sino-Kenya ties have been accompanied by generous financial support to key sectors of the economy like manufacturing, energy, infrastructure, ICT, health, agriculture and tourism.
Experts from diverse school of thought who spoke to Xinhua recently were unanimous that Chinese financial aid and technical support has transformed lives while accelerating growth momentum in the country.
In particular, they pointed at the monumental transformation in Kenya's transport sector and commerce since the launch of China funded Mombasa-Nairobi Standard Gauge Railway (SGR) in May.
Professor Peter Kagwanja, the CEO of Nairobi-based Pan African think tank, Africa Policy Institute, said in an earlier interview with Xinhua that Chinese aid has enabled Kenya tackle endemic challenges like poverty, hunger, disease and unemployment.
According to Kagwanja, Beijing has been a dependable ally in efforts to uplift the living standards of ordinary citizens in Kenya and the greater Sub-Saharan African region.
Kenya has reached out to China in a bid to strengthen response to emergency disasters like droughts that have become frequent thanks to climate change.
The Chinese government in March responded to Kenya's request for emergency food aid by donating 21,366 tonnes of rice worth about 22.5 million dollars to tackle hunger and malnutrition in drought hit counties. The rice is expected to support 1.4 million drought-affected people for one month.
At the same time, Chinese businesses and individuals came out strongly in support of Kenya's drought victims by donating food, clean water and medicine.
Musyoka Mulandi, a 65 years old father of seven, hailed food donation from Chinese firms in March to fellow drought stricken villagers in lower eastern Kenya terming it a respite to their hunger pangs.
"The food donation from Chinese companies was timely and will avert suffering in this village where crop failure in the last two seasons has worsened hunger among households," Mulandi told Xinhua in March... CONTINUES

by Christine Lagat
NAIROBI, Aug. 6 (Xinhua) --

Views: 26


Donations Accepted

Discussion Forum

Seven Hundred Young African Leaders Forge Connections in Washington, DC

Started by SendMeYourNews Aug 6. 0 Replies

Seven hundred young African leaders gathered in Washington, D.C. from July…Continue

South Africa: Constitutional review committee extends closing date for submissions on LAND by two weeks

Started by TheBlackList-Publisher May 11. 0 Replies

The Joint Constitutional Review Committee today met to discuss its programme for the public participation process on the review of Section 25 of the Constitution and resolved to extend the closing date for written submissions to 15 June 2018.The…Continue

South Africa: Promoting Industrialisation, Sustainable Economic Growth and Transformation Key to Increasing Participation of Black Industrialists

Started by TheBlackList-Publisher May 7. 0 Replies

Promoting industrialisation, sustainable economic growth and transformation are key to increasing participation of black industrialists in the main stream economy of this country. This was said by the Deputy Minister of Trade and Industry, Mr…Continue

One5 Foundation and NueHealth Holdings Announce Completion of Phase Two for Malawi Birthing Center

Started by TheBlackList-Publisher Apr 19. 0 Replies

One5 Foundation, in conjunction with NueHealth Holdings, is excited…Continue

Videos

  • Add Videos
  • View All

© 2018   Created by KWASI Akyeampong.   Powered by

Badges  |  Report an Issue  |  Terms of Service

Rivers APC Hails Rt. Hon. Chibuike Amaechi at 53
= = http://theblacklist.net/