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Ksh. 1.2 Billion Bamboo factory to boost Economy in Kenya

Peter Kenda

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Kenya Water Towers Agency Director Eng. David Chepkwony. Photo Peter Kipkoech

 

Kenya Water Towers Agency to invest Ksh. 1.2 billion in a bamboo factory in Kenya as demand for bamboo products hike.

The factory will be set in the former Kaptagat Livestock Holding Ground in Keiyo South Sub County, Elgeyo Marakwet County Kenya.

Elgeyo Marakwet county government will partner with the Kenya water towers agency to establish the distinctive economic activity in the next two months or so.

Eng. David Chepkwony who is also the director of the agency says that the project will help to settle disagreements arising from the competition between the human beings and the natural resources following the rapidly growing human population and needs.

Eng. Chepkwony says that there is the need for the Kenyan government to create an environment that will facilitate the natural demands of its citizens through mutual relationships between the human being and the environment.

“We need firewood and many other things. It is important for us to partner with the locals to help take part in this initiative that will result in a win-win situation. At the end of the day, the environment will be conserved and as well the locals will get their natural needs like firewood among others,” He said.

He added that punishing the human being over intrusion to an environment seeking for a natural needs like the firewood or timber will not help Kenya as the population and its demands experience consistent growth.

Meanwhile, the host county government led by governor Alex Tolgos has expressed the good political will to blossom the initiative that will be of significance to the economic development in the whole country.

 

Peter Kenda

Peter Kipkoech Kenda is an all-around professional in Kenya with a
long-term focus on journalism. He thinks in terms of results and
objectives; all with an insatiable hunger for excellence. Peter is a
proactive professional who always looks for positive ways to inspire and
engage with his superiors, sources, and audience.

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Business

Extra Unhealthy Knowledge on Chinese language Finance in Africa

Mark Harris

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It’s laborious to gather information on China’s building finance in Africa. That is why we curate a sparsely built, painstakingly researched database on Chinese language loans. We have now information undertaking by means of undertaking, sector by means of sector. Researchers and policy-makers seek the advice of us incessantly for extra detailed studies on other facets of Chinese language loans. We post studies in this information and similar fielddwork: as an example, our first operating paper used to be on Chinese language finance for hydropower initiatives and we have now a number of others on Chinese language finance for wind farms in Ethiopia and hydropower in Cameroon.

That is why it is irritating to learn in The Mum or dad a few new record by means of an advocacy crew that says that during Africa 

China gave essentially the most to the power sector, offering $5bn a 12 months, 88% of which used to be spent on fossil fuels. It didn’t seem to finance any renewable initiatives at the continent. Just about three-quarters of the cash supported oil and fuel extraction, and some other 13% supported coal-fired energy era.

This merely is not true. Between 2000 and 2015, the Chinese language equipped virtually $10 bn in hydropower finance in Africa, and just about $1.five bn in sun, wind, and geothermal energy. We simplest display $2.2 bn in coal-fired energy, and $1.nine bn in gas-fired energy vegetation all over this era. Within the energy sector, African governments are borrowing way more for non-fossil gas power initiatives.

Hydropower has its personal critics, after all. But it surely does not qualify as a fossil gas.


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China Responds to Africa's Industrialization Attainable

Mark Harris

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Ethiopia: photograph through Tang Xiaoyang

Xi Jinping is in Africa. An steadily lost sight of tale within the China-Africa protection is the Chinese language reaction to African industrialization targets. No longer in all international locations, no longer in all sectors, however we now have noticed really extensive Chinese language manufacturing facility funding in puts like Ethiopia, Nigeria, Tanzania, and Kenya.
And as we reported in 2016, some African and Ecu companies are hiring Chinese language running shoes to switch generation to their African staff. (We noticed this within the manufacturing facility pictured to the left.)
In a impending CARI running paper we file on our findings from the primary section of this analysis. For now, you’ll be able to learn my research within the Washington Publish.


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Ideas on China, Africa, Per Capita Revenue, and the Setting

Mark Harris

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Ivindo Nat’l. Park, Gabon. Michael Nichols, Nat’l Geographic

The environmental impression of China-Africa engagement is likely one of the high issues of many who’re important of a rising China in Africa. Others acknowledge the problem as essential, however keep that some from rich international locations wish to impose “Volvo” requirements in “Volkswagen” international locations.

I typically take into consideration how these points emerged in significance in our personal nation, the USA. This morning, I learn a NYT overview of a brand new e-book about President Franklin D. Roosevelt, who was the architect of a lot of our authorities’s institutional construction. Following within the footsteps of his presidential cousin Teddy Roosevelt, Franklin “created 140 nationwide wildlife refuges, established 29 nationwide forests and 29 nationwide parks and monuments” however he additionally constructed many “habitat-destroying hydroelectric dams” and put in place the inspiration of our nationwide freeway system.

Roosevelt was a visionary. In 1940, he made a speech at Nice Smoky Mountains Nationwide Park:

We slashed our forests, we used our soils, we inspired floods … all of this so significantly that we have been introduced moderately all of a sudden to face the truth that except we gave thought to the lives of our youngsters and grandchildren, they’d not be capable to stay and to enhance upon our American lifestyle.

In 1940, our revenue per capita (in 2008 adjusted for inflation) was roughly $7,446. China’s revenue per capita in 2015 (in fixed 2010 , in keeping with the World Financial institution) was about $6,416.  For Sub-Saharan Africa (excluding excessive revenue international locations), inflation-adjusted per capita revenue was about $1,651 in 2015.

If environmental issues rise together with revenue, as many social scientists consider, China ought to be approaching a time when sustainability turns into an actual, real, and public concern for its leaders. Certainly, there’s some proof that over the previous decade with the inexperienced credit score motion and the institution of a Ministry of the Setting, that is taking place. But in Africa, it’s miles extra possible that slashed forests, depleted soils, and the encouraging of floods will proceed to plague the lives of fogeys, their youngsters, and their grandchildren, for a few years to come back. And Chinese language firms in search of enterprise will proceed to be a part of this.


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