The internet was abuzz last week first with the major announcement that was expected from Mr. Donald Trump. Second, with the response from the president that followed Mr. Trump’s 'big announcement'.
The US president appeared on Jey Leno Late Night Show and gave his response to Mr.
Trump. This response should make a good campaign platform for Brand Kenya to exploit. The US
President offered what in politics can be equated to an ‘endorsement’of growing up in Kenya. Here is the verbatim plus the extract from his appearance on Jay Leno.
‘This all dates back when we we're all growing up in Kenya’
In my opinion Brand Kenya through Magical Kenya should offer
both Mr. Trump & the president a Safari to Kenya. That way Kenya can ride
on top of this wave of this publicity.
This visit would also offer Mr. Donald an opportunity to
have a good time and also ‘catch-up with his childhood friends’. Also, I would
be prepared to take him around to some really good galleries should he accept
the offer pro-bono. I know he is a collector and perhaps Kenyan Art can bring
to rest his problems with the president.
FES last week brought together young leaders from East and
Central Africa for a four days conference in Addis Ababa. This conference
incorporated presentations from guest speakers, deliberations from the
participants and a visit to the African Union Headquarters. In we had dinners
so as to socialize and get to know about each other’s countries in an informal
setting.
Kenya was ably represented by a contingent of five [three
gents and two ladies] who hail from various backgrounds. This was my first time
in Addis and in the wake to the visit I had got different perspectives as to
what to expect in Addis Ababa. Some of the things I had been told to expect
turned out to be true while others we’re NOT.
Better Understanding
of East African Region
One of my main take-away from this conference is a better
understanding of this region. I greatly appreciated presentations and talking
to Rwandan delegation. This folks have a lot going on in their country. I also
learnt of their two months initiative where they crowd source monies from the
populace to fill in the gaps of donor money. I thought this is a pretty good
nation building tool where you have folks from all social structure
contributing money to build their nation. I also got to appreciate the
leadership of HE Paul Kagame. The folks in Rwanda approach things in a
different way as opposed to us!
The Southern Sudan delegation also caught my eye. The
delegation was made up of US and British educated young lads. These guys also
are NOT politicized as we are and are time conscious and have a western look.
We talked at length with this delegation and I got an insider’s perspective
into happening in Juba.
The other insights generated are how outsiders perceive
Kenyans especially Ugandan’s. The Uganda delegation had this joke
‘I have finished my diner as fast as the
swearing ceremony of Kenya’s president’
If you are an
Investor Ethiopia is the place
In Addis Ababa you will not miss seeing rapid infrastructure
development. Just to drive the point home from my hotel lobby I was able to
spot more than ten building being out up. Also during our visit to the AU hq we
saw the building of Sheraton Hotel next to the AU hq.
However, this said I experienced problems of changing my
foreign currency. If you are visiting Ethiopia then it is best advised you
change your currency at the airport. Otherwise you risk exchanging your cash in
the black market which charges a premium of about 10%.
In terms of the media I had a look at the hotel newspaper
and it seems very small and only does reportage with very few opinion pieces.
The town has a huge Chinese influx. The road from the
airport is being constructed by the Chinese.
China Aid Plaque at AU Hq
The African Union
Visit
AU Hq
There is lots happening at the African Union and as a
citizenry we should ask for more reporting. I learned of the ‘I am African
Project’ there plus in my opinion there are lots of opportunities which Kenya
can tap into at the AU.
I am African Project
In the arts, I was able to see a quite a few paintings which
had been donated by Northern African states namely Egyptian & Algerian
government.
Art at the AU Hq
Ethiopian Nights
Ethiopians unlike Kenyan’s really appreciate their culture
and you will notice despite the economic growth the country is experiencing it
is still a melting pot of rich traditions. In fact most of the Ethiopians
prefer to speak in their dialect and English I came to learn is taught from
secondary level of education.
Ethiopian Nights
Bottom Line
Young leader and youth should be given more chances to
interact so that the region can forge cohesion from an early age. If it could
be possible to begin such initiatives from as back as high school it would be
great. Also, more chances for citizens from Africa to visit the AU HQ’s are
needed.
If you are a blogger and you are spinning hate speech then
know iHub research is trolling the blogosphere checking out for instances of hate
speech. The research is not exclusive to blogs only BUT also extends to social media
platforms [Facebook and Twitter] through their Umati [crowds] project. So now you
know.
These are my impressions of Ethiopia in last 24 hours I have been here in Addis Ababa;
Meles Zenawi is King!
Once you land in Addis Ababa airport you have portraits of the
former prime minister everywhere. The people here also hold their former PM in
high regard.
The Chinese are in Town
The Chinese are in Ethiopia just like any other African
capital. Their presence is seen immediately you land on the arrivals. You also
have a glimpse of their activities. Currently, they are building the road from
the airport.
Addis Ababa is the New York of Africa
In the evening we we’re taken to Yod Abyssinia cultural
restaurant and the melting pot Addis Ababa become crystal clear. This
restaurant was full house with visitors from all over the world. The Ethiopians
despite western influences have managed to preserve their culture.
GDP growth at 11%
I was surprised when someone pointed to me that Ethiopia has
a GDP growth rate of 11%. This is one of the highest growth rates in Africa. This
is evident from the construction I see around me.
Ethiopians are Reading
I observed quite a number of bookshops yesterday and on my
evening walk. I popped into one bookshop and I saw quite a number fiction books
by Mario Puzo.
The Taxi Drivers
The reputation of Taxi drivers in Ethiopia precedes them! Yesterday
I experienced it firsthand.
Today I am flying to Addis Ababa to join other young people
from this region to discuss what are our roles and position in participatory
democracy. The East African region is going through major changes. One of these
changes is demographics. Young people now form the majority in the society. Hence the question we will be trying to
answer is what are the young leader’s roles and positions in this part of the
world.
Some of the things I am looking forward to are;
·conversation and perspectives from other young
leaders from the region
·contributions of young people in the democratic
spaces
·Share my insights from Kenya
Outside the forum I am looking forward to;
·Seeing the new AU headquarters built by the
Chinese
·The arts and cultural scene in Addis Ababa. [I
have been given the heads up in this area by James Mweu who is a dance
choreographer.]
·Ethiopian Cuisine. I am not a big fan of spices
BUT I am willing to go all the 9 yards!
·Also, If I get some time I will try to go to the
Orthodox Church
Reading this week’s edition of the EastAfrican one gets the
impression that we have a section that is after Kofi Annan. Don’t get me wrong
I am NOT against criticism but when one goes about criticizing someone just as
we are about to go to the election. Then something is amiss. The timing of
these criticisms looks suspicious.
This is after the head of the executive snubbed him on his
most recent tour of the country with fellow elder, former president Mkapa of
Tanzania. The two we’re in the country to get a view of the progress of the
country in the count down to the March 4, 2012 election.
I have read Mutahi Ngunyi who has also criticized Kofi
Annan’s frequent visit to the country on the grounds that they border to
interference of a sovereign state. I think the good diplomat has not been
reading the writing on the wall and if he has then he daggers are now out.
Attacking a Peace
Envoy
Reading Gitau Warigi’s article I picked out three fonts of
attack. These are
1.Rwanda
2.Somalia
3.UN reform
Other attacks lines have been fronted by bloggers who are
associated with TNA. They border on his latest mission to find peace in Syria
which he resigned and the other is his son’s corruption deals while he was sec.
gen of the UN.
@OleItumbi rt @nyarigoti KOFFI
ANNAN'S SON WAS INVOLVED IN CORRUPT DEALS. @OleItumbi @TeamUhuru
Also President Mkapa is NOT left behind in this attacks
which appear targeted to the mediators.
@OleItumbi rt @nyarigoti ....and
Mkapa' s wife was involved in corrupt deals too. @OleItumbi @TeamUhuru
Kofi Annan's Book
I am yet to read the new book by Kofi Annan – Interventions
and the memoirs by former secretary of state C. Rice to fully comment on some
of these issues. However, looking at these attacks they look like cheap shots
at the guy who saved our country from brink of war.
Kofi Annans 10 minutes interview with Jeff Koinange
We have been living in some pretty exciting times as a
country. These developments we all agree are the fruits of enacting a new
constitution in 2010. One of this has been the opening up of democratic space
and decentralization of power in to the counties. These lead to Nation TV to
launch governor debates in some counties and since these are new positions you
had all the aspirants open to this idea. These, in my opinion, lead to the
launch of presidential debates idea by eight media houses.
These Media houses are;
1KTN
Citizen
NTV
Kass TV
K24
KBC
KISS TV
QTV
Now that we have the guys behind the debate, we need to know
who are the candidates and their odds in debating. The presidential field is crowded
with more than 15 presidential entries so far. So what do we know about this
folks. In this post I will begin by enumerating all the presidential
candidates. Then in subsequent posts will try to dig more on each presidential
candidate. Also, I am interested in finding more information on Key figures
behind these parties since under the new constitution dispensation parties will
NOT be rubber stamps as was previously the case.
1.Kalonzo Musyoka - Vice President [Wiper Party]
2.Raila Amolo Odinga - Prime Minister [ODM party]
3.Uhuru Kenyatta - Deputy Prime Minister [TNA
party]
4.Musalia Mudavadi – Deputy Prime Minister [UDM
Party]
5.Martha Karua Former Justice & Constitutional
Affairs Minister []
6.William Ruto – Former Agriculture Minister and
Higher Educational Minister [URP]
7.Charity Ngilu – Minister of Water
8.Eugene Wamalwa – Justice & Constitutional Affairs
Minister [New FORD Kenya]
9.Peter Kenneth
10.James Ole Kiyapi – Former Educational Permanent
Secretary
11.Raphael Tuju – Former Foreign Affairs Minister
and Presidential Advisor
12.Cyrus Njirongo – Former Youth for KANU operative
The Kenyan Media announced the entry of presidential debates
in Kenya on October 10, 2012. The big question that remains to be answered is whether
the presidential candidates will show up. The presidential debates initiative
by Kenyan Media is a noble idea whose time has come. However, it seems the
media have stolen the thunder from the executive who would have come up with a commission
to run debates like the US.
The doubts I have
with this media lead initiative is whether the organizers will remain neutral. Given
the fact that they are organizing the debate, choosing the moderators [in our
case they have already chosen the moderators] and airing the content. In the unveiling
they announced PWC will be involved in checking the overall transparency of the
process BUT do they have the competency to do this and have they done this
anywhere else?
The other scenario I foresee is this presidential debate in
Kenya will be one huge advertising festival.
The Existing Gaps
The media seemed to have been in a hurry in coming up with this
initiative because one week after the big announcement we are yet see a
website. It could be in beta stage though.
The other sentiments I have picked up is that some
presidential candidates are NOT so much into this debate idea. Going by tweets from bloggers close to the main presidential
candidates, the might pass off the debating idea.
Sentiments on Twitter: #PresidentialDebateKe
@OleItumbi @bettymurungi @PeterOpondo Media
develop dates, announce them in press ads & then plead with candidates to
appear,there will be a major snub
@OnyangoRachael It willl fail. RT @OleItumbi The media
decided there will be a Presidential debate, chose moderators, set dates....
thats Media Dictatorship
@syindu_mutongoi @Oleitumbi and Media should stop this
nonsense of having 11 Presidential Candidate on a debate. That is a market #PresidentialDebateKe
@KohadhaRoy As much us #PresidentialDebateKE is a
MOA initiative, dictating the moderators isn't a good idea. Julie Gichuru and
Linus Kaikai Naaaa!
@LarryMadowo So we're going to have a #PresidentialDebateKE with
17 candidates. Death by debate, last (wo)man standing wins
Other Outstanding
Issues
How do you moderate a debate of twelve presidential
candidates in one and half hours?
Some of the presidential candidates might gang up on the
front runner. How do you prevent that?
How do we get this culture of presidential debate because
what the media are doing is they are taking advantage since the incumbent is
NOT running?
The economist visualization of legislatures pay around the world
Kenyan are angry with their members of Parliament and rightly so.. Our MP’s are taking us for fools by one having a remuneration package beats what MPs in the developed world are paid. In one of their audacious moves they moved and passed unto themselves a gratuity or retirement package.
So naturally a ‘few’ emails have been going round and the one that caught my eye was this;
Is your MP among these bandits who voted for the villainous
bill?
This email goes on to name all the MP’s who voted to pass this package. Their names are listed below
Abdalla Amina Ali.
Abdi Nasir.
Abdul Bahari.
Abu Mohamed Chiaba.
Adan Keynan Wehliye.
Alex Muthengi Mburi Mwiru.
Andrew Calist Mwatela.
Asman Abongotum Kamama.
Atanas Manyala Keya.
Bare Aden Duale.
Barnabas Muturi C. Mwangi
Beth Wambui Mugo.
Bifwoli, Wakoli Sylvester.
Boni Khalwale (Dr.)
Cecily Mutitu Mbarire.
Charles Cheruiyot Keter.
Clement Muchiri.
Daniel Mutua Muoki.
David Njuguna Kiburi.
Elijah Kiptarbei Lagat.
Emilio MureithiKathuri.
Empraim Mwangi Maina.
Erastus Kihara Mureithi.
Esther Murugi Mathenge.
Ethuro, David Ethuro.
Eugene Ludovic Wamalwa.
Francis Chachu.
Francis S. K. Baya
Frankilin Mithika Linturi.
Githae Robinson Njeru.
Githu Muigai (Prof.) Attorney General
Ex-Officio.
Hellen Jepkemoi Sambili.
Hussein Mohamed Abdikadir.
Hussein Tarry Sasura.
Ibrabim Elmi Mohamed.
Isaac Kiprono Rutto.
Isaac Mulatya Muoki.
Jackson Kiplagat
Kiptanui.
James G. Kwanya
Jamleck Irungu Kamau.
Japhet M. Kareke Mbiuki
Jeremiah Ngayu Kioni.
John Michael Njenga Mututho.
Johnson Nduya Muthama.
Joseph Nganga Kiuna.
Josephat Nanok Koli.
Joshua Serem Kutuny.
Kilimo, Linah Jebi.
Kilonzo Charles Mutavi.
Kiunjuri,
Festus Mwangi.
Kuti, Mohammed. Abdi
Lee Maiyani Kinyanjui.
Lenny Maxwell Kivuti.
Lewis Nguyai.
Mahamud Muhumed Sirat.
Maitha Gideon Mungáro.
Manson Nyamweya.
Mbau, Elias Peter.
Mohamed Hussein Ali.
Mohamed,Muhamud.
Moses K. Lessone
Moses Somoine ole Sakuda.
Mungatana, Danson.
Munya Peter Gatirau.
Musila, David.
Mutava Musyimi.
Mwalimu Masudi Mwahima.
Mwiria, Valerian Kilemi.
Ndambuki, Gideon Musyoka.
Ndiritu Muriithi.
Nemesyus Warugongo.
Ntoitha M"Mithiaru.
Peter L.N. Kiilu
Peter Mungai Mwathi.
Peter Njoroge Baiya.
Peter Njuguna Gitau.
Richard Momoima
Onyonka.
Robert Onsare Monda.
Samuel Kazungu Kambi.
Shaban, Naomi Namsi.
Silas Muriuki Ruteere.
Tirus Nyinge Ngahu.
Wavinya Ndeti.
William C. Kipkiror
Yakub Mohammad
Yusuf Hassan
The good news is that the president refused to ascent to this piece of legislation. But that is NOT the end of it because it still has to go back to parliament and should 2/3 of the MP's voted for it. Then it becomes law and the MP's get to retire with tax payers money.
Taka Taka Solutions – Garbage Collection Solutions for Nairobi
Last month I made an acquaintance at iHub. In one of those random collisions, where you have a visitor in the space looking for the WiFi Password! After this we naturally become friends and in subsequent meetings I asked him what he was doing in town apart from working in his master’s thesis. That is how I came to know about a really cool project taka taka solutions. A garbage collection solutions in it’s pilot phase in Nairobi.
Currently, one of my interests has been Mungiki. This is as a result of sitting down to presentations at BIEA which have touched on post election violence and role of Mungiki. My former lecturer Dr. Musambayi Katumanga has been a trailblazer on this subject of gang and economics behind it. Mind you we even have some European Scholars trying to unpack this subject and one of their reference points has been how organized gangs in Europe resulted in the formation of a social welfare state!
If you know about informal gangs in the city then you will know that one of their primary revenue generation channels is waste disposal. This is because the state through the city council has removed itself from this space. This is as a result of inefficiency coupled with economic factors. I was recently surprised to learn the City Council of Nairobi has less than 3 refuge collection trucks. This explains the eye sore we experience in the city.
So what happened when we have a breakdown in bare essential services like waste disposal? Someone has to fill that space and what happens is contractors are sub contracted to do this by city council. How do they carry out this? They engage street children to do the basic work [at a bargain of course]. The problem is compounded when the refuse is taken to one central place [Dandora Dump Site] without considerations of recycling or best practices.
Other problems that come out of this are;
Some of these youths ‘contracted’ to do the ground work ‘transform’ themselves into gangs.
There is NO consideration for recycling. What emerges is a ‘vulture ecosystem’ best exemplified by Dandora dump site.
Residents of Nairobi pay ‘crazy amounts’ for waste disposal. Currently we pay Kshs 300 per Month for waste disposal!
Gross in efficiencies occur along the way and recyclable materials are NOT recycled
Enter Taka Taka Solutions
So when I heard of Taka Taka Solutions I was amazed by what they are doing. The information I have is that they are currently in the pilot phase. However, they have made some strides and have the right mindset of solving the Dandora dump site menace.
This company is a social enterprise providing affordable and environmentally friendly waste management services. They charge Kshs 80 per month and provide the tenants with different waste refuse baskets which they collect every fort night. Some of this waste is then taken to a compost pit from which compost manure is made.
So at the end of the day you have nutrients and food coming to the city and in turn the city provides the compost manure to the rural areas. So this in turn solves the problems of soil fertility occurring in rural areas. Going by the tweet I was from the PS Ndemo
@bantigito Today, Africa uses less than 3% of global
fertilizer, if we doubled that to 6%, plus better seed, we can improve crop
production by 50%.
At the end of the day we reduce our reliance on fertilizers and save some foreign currency
Use of Technology
Taka Taka solutions have also embraced technology [MPesa payment platform]. To add some cherry to the cake, the customers who pay through MPesa get a percentage discount [20% if I am NOT wrong!]. That way you remove the ‘garbage landlords’ whom I am told make Kshs 100, 000 a month!
Find more information about Taka Taka Solutions on their Facebook Page
Beba Card
Beba Card advert
The other innovate stuff in my radar is the Beba card which
has been in the market from May this year. A Google and Kenya Bus Service Urban
transport payment solution. Good stuff has been written on it here: link.
The other day I had discourse with a friend and we we’re
trying to look at the impact of this card should it be successful. Our musing
was will it;
Result in job losses for conductors?
Result to better cash flow
management for public transport vehicles? [A lot of leakage happens when
conductors collude with drivers to fleas matatu owners]
Reduce corruption in our high ways
[however, little police corruption occurs in urban commute]
We all know Kenyan’s are NOT French and that we hardly go to
hang out in restaurants. This is partly
due to our culture. I for starters do know that when I was young I was advised
to have my meals at home and we would go out to have meals in a restaurant
occasionally. However, that was then and the context was rural Kenya.
Enter Nairobi, you have a significant number of Kenyan’s patronizing
beer establishments especially weekends. So who patronizes Nairobi restaurants?
Apart from the Somali community whom you will see having business deals in
restaurants most middle Kenyans’ will be found in coffee shops. This was a
popular trend a while back. I do not know if it is still there.
Other folks known to patronize restaurants are the expatriates
but these folks also have specific joins they frequent. These are the Art Cafés
and Java which are mostly located in malls. So what happens to those
restaurants outside this jurisdiction?
That is why I think this partnership between Eatout Kenya, Google
and Wazi Wifi might get some tech friendly folks moving out of the offices with the
knowledge that they can have their meals or drinks while having a pulse of what
is going on in their businesses. Hopefully their WiFi solution will NOT be crap. If one can do some business in a restaurant at good prices then we are all going to be hanging out more often in restaurants.
I remember last Saturday we’re doing Mindspeak in a 5
Star Hotel and I couldn't believe the amounts being charged by this establishment for
internet. Later that evening I saw some tweets which I believe hammer this point home.
@coldtusker @Ramah_Nyang @karisamf I
tried to use Intercont's wifi. I think 400/hr. lousy
@karisamf @Ramah_Nyang @coldtusker I agree, Hotel
Cybers are expensive...a Good example Hilton Nairobi is 1K per hour
@Ramah_Nyang @karisamf KES 1000? What's the rationale
for that sort of pricing when hotel net speeds are usually crap? @coldtusker
@coldtusker @Ramah_Nyang @karisamf At least with @SafaricomLtd bundles
on my phone... Not an issue in KE. Don't roam elsewhere!
@coldtusker @karisamf @ramah_nyang In US, best
wifi speeds at biz friendly 'budget' hotels not the pricier ones! Go figure
@Ramah_Nyang: Clearly the 5-star name writes a check it's
1-star wif-fi can't cash
This had me thinking it is high time perhaps Eatout Kenya which
does Restaurant Ranking introduces a new category. A rank of Nairobi restaurants
in a new category of ‘hotels with the best WiFi’ because some of these restaurants have
connections that really suck. A ranking will result to them pulling up their socks in this category. Also while at that a list which shows internet pricing if it exists would be really useful because some establishments in Nairobi are charging an arm and leg for internet.
Book Cover: South Sudan - from revolution to independence
Date: Friday October 19, 2012
Venue: at the British Institute In Eastern Africa
Location: Laikipia Road, Kileleshwa.
Time: 6 - 8pm
Entry: Prior Reservation [seminars@biea.ac.uk]
In July 2011 the Republic of South Sudan achieved
independence, concluding what had been Africa’s longest running civil war. The
process leading to independence was driven by the Sudan Peoples’ Liberation
Movement, a primarily Southern rebel force and political movement intent on
bringing about the reformed unity of the whole Sudan. A story of
transformation and of victory against the odds, this book reviews South Sudan’s
modern history as a contested region and assesses the political, social and security
dynamics that will shape its immediate future as Africa’s newest independent
state.
About the Author
Matthew LeRiche is a Fellow in Managing Humanitarianism at
LSE. He will be launching his book in Kenya which will be prefaced by a few
words on the importance of South Sudan to both academicians and practitioners
followed by an exposition of the book.
An interlocutory session with the audience will follow
thereafter and copies of the book will be available for sale.
IE university is having a Master Class in Nairobi this month
Date: October 15, 2012
Time: 6.30-8pm
Venue: Intercontinental Hotel, Loita Room
Entry: Prior Registration Required. Registration link here
Master Class
The financial crisis and long-term demographic trends have
transformed the future of the global economy. In the short term, petroleum
price trends, a definitive solution to the Euro-zone crisis and the outcome of
the U.S. elections will determine the economic performance of the world´s
developed economies.
But over the longer term, events in the developing
nations, especially demography, the resolution of their institutional issues
and the pace of globalization, will be decisive for the future of the developed
world.
What are the prospects for the United States and the Euro-zone over the
next few years, and what new opportunities will their future open up for the
rest of the world, particularly for Africa?
The Master Class will be delivered by Gayle Allard Professor
of Economic Environment and Country Analysis at IE Business School, Madrid
What happens when you bring musicians from different continents
in one country for a tour and residency program? Well, you have yourself smart
power and that is what the United States of America has been up to of late.
This is through the 1beat program that brought together 32 fellows from 21
countries to the US for tours and residency program.
OneBeatSM is
an international music exchange that celebrates musical collaboration and
social engagement through innovative people-to-people diplomacy. From September
10 – October 7, a group of exceptional young musicians from around the world
will collaboratively write, record, produce, and perform original music in
venues ranging from concert halls to city parks to rock clubs. In
addition to creating new work, OneBeat Fellows will partner with community
organizations, schools, and socially-engaged local musicians to offer
workshops, performances, and public dialogues.
Which Musicians Represented
Kenya
Kenya is a bastion of sports especially track races and
marathons but what is now emerging is that Kenya is also rising as a cultural
hub. This is evident in selection of three Kenyan musicians out of eight who
represented Africa. The musicians who represented Kenya are;
DPL Festive Bread has an ongoing campaign on social media
that has me musing. The campaign involves one posting a photo of self consuming
bread and having it put to a democratic vote of most ‘likes’!
I am not against such campaigns but is social media in Kenya
pushing new boundaries?
Their Preposition
By posting a photo you get a chance to win Kshs 5,000 and a
gift hamper daily if your photo has the most likes.
This campaign is giving us new insights as to how people like
their bread buttered in Kenya!
it goes with everything!
Other interesting
Social Media Campaigns
Safaricom Okoa Newbie
The other interesting social media campaign is the ‘okoa’
newbie. Okoa means save for those who do not know Swahili. This would translate save a newbie who has been employed in the social media arm of the company that helps tech Savvy customers. Another first in corporate Kenya by Safaricom.
Okoa Newbie campaign
Can you pay okoa jahazi using Bonga points? Take one for the
team, answer this one and save our Newbie on her first day.
This campaign targets techies and young demographics. This
is evident from the photo’s. These in my opinion looks very creative from
Safaricom.
Okoa Newbie Campaign
How do you subscribe to the SMS bundles? Our Newbie is a bit
swamped; help him sort this problem out. Get the correct answer and he could
swing some show of appreciation in the form of a Samsung Galaxy S3 and airtime
your way.
The social media in Kenya is emerging as one of the last frontiers by companies especially for Kenya's young and connected demographic
Photos from DPL Festive Bread and Safaricom Facebook pages
The Lamu Cultural Promotion Group is proud to present the
12th edition of the annual Lamu Cultural Festival.
The Festival continues to promote a
World Heritage Site that constitutes the common heritage of humanity, and share
its distinct Swahili traditions with the world.
For more information contact Lamu Cultural Promotion Group
on Tel. 0722 476219 / 0733 660216 or Email: lamuculturalfestival@gmail.com
Mr. Karim Sadek gave a very insightful presentation at
Mindspeak which touched on Citadel Capital activities in this region.
In his candid presentation ‘the role of private sector in
accelerating development’ he opened Citadel Capital up to the public. This is
the story of Citadel Capital in figures
It has $ 9.5 Billion in
investments under control as of end year 2011
$ 940 Million in Principal
investments
Operates in 15 industries: from
Agriculture, Financial Services to energy distribution
Has 19 specific funds as per end
year 2011
Sadek also espoused Citadel capital track record and their
business model. However, what was most insightful we’re his observations on
African investment climate. From his position, managing a capital fund, he was
of the view that of late Africa has been attracting substantial interest from
the rest of the world. However, writing of Cheques for Sub Saharan Africa
outside oil and gas is still lacking.
Egypt before and
after the revolution
Since Citadel is head office is in Cairo we got a business
101 on Egypt. Kenya Association of Manufacturers (KAM) has been in the news
complaining of imports from Egypt which are substantially cheaper than Kenyan
products because of power/energy subsidies. Well the good news for KAM is the
regime of subsidies is coming to an end in Egypt.
The other interesting piece of information from Sadek was
insights before the Arab spring. Citadel Capital was two weeks to finalizing a
deal for a stake in Egyptian Refining Company before lady liberation came
calling. Also, the change in attitudes and perceptions in Egypt, this days
young people have no respect for authority. The other interesting insight was
the East Africa compared to Egypt had better industrial relations. Egypt is now
in the initial process of coming up with an independent workers union.
Citadel’s interest in
Kenya
Citadel interest in Kenya came through an opportunity that
presented itself in Rift Valley Railways [RVR] which won a 25 year concession on
Kenya-Uganda Railway. After the turbulent times RVR has been through it seems
with the entry of citadel capital the century old railway is up to some good
times ahead.
The Preposition
Citadel capital together with its partners came up with a $
300 Million preposition to turn around the railway in the next five years.
Under the three point turn around based on;
Upgrade of operationn
Rehabilitation of existing assets
Additional of new assets [2014 onwards
Some of the Partners in this Turn around Endeavour
Prominent names stand out in this deal which means this is a success story in the making. These institutions underwriting the success of our railway are;
African Development Bank
KfW Entwicklungsbank (Germany)
International Finance Corporation
FMO (Dutch)
Equity Bank (Kenya)
ICF Debt Pool
BIO (Belgium)
This here might be the next success story in
Kenya if Citadel Capital can hack it.
