Diaspora and their Hypocrisy

[maizeroaster]

@MjamaaPittsburgh

I have been hanging out with fellow diasporans and virtually most of them have invested in real estate and business ventures in Kenya.

Apart from sentimental reasons of “Huko ni home”, it is mainly because returns in the fast-growing African economies are very high as it is developing. It also costs less to start a project there. How can you explain the remittances from Diaspora have been growing exponentially and even exceeded Tourism earnings? And why is the Lordship Africa Development firm that is building 88 Nairobi tower busy marketing itself around here in Las Vegas? And people are buying it like crazy. It is because they have confidence in Kenyan investment sector.

Fellow Kenyans, musiwekwe low self-esteem na diasporans ati mnaishi in a third-rate country, yet it is a rapidly-growing economy. I live among them and most are doing well, and some are struggling just like in Kenya. Some are even in jail or homeless. Some were even deported. Na mjue if you manage to eliminate corruption or minimize it, and welcome investors in Technology, Real estate, roads and public infrastructure, and manufacturing, you will all attain the levels of development in the States or at least something similar in 20-30 years.

But with massive corruption, forget it.

Kenya’s economy is poised to hit $95bn this year. Ethiopia’s economy grew fivefold in 10 years, thanks to its favorable investment climate and infrastructure. The same can be replicated in Kenya, and if our economy grew just 5 times in just 10-15 years, we will have a much bigger economy (at nearly $500bn) than South Africa which is presently around $350bn now and is considered a first-world country or something of the sort.

@patco , wacha kuteta mingi in the other thread. Africans have been investing in China. Read this link

Africans also investing in China | Africa Renewal

Hapo sawa naona tuko pamoja

[tombayeye]

@MjamaaPittsburgh

Kenya’s economy is poised to hit $95bn this year

Kenya’s current public debt (including china’s) stands at approximately 4.884 trillion Kenyan shillings,we still need a few tirririons:D:D:D:D
wacha kukaa na diasporans,watakupatia heart burn with their spending habits

[S_Lilly]

@MjamaaPittsburgh

I am liaising with the government. We are drafting investment policies that will even incorporate African-Americans who descended from slaves since they are also among the wealthiest African diaspora apart from foreign-born Africans. We cannot have the Chinese alone being the sole investors. A mix of both is the best

As we seek to incorporate African American investors, we must ask:
Are they in any type of manufacturing or production,
Are they Ranchers,
Are they involved in large scale mechanised agriculture,
Are they active in the American cottage industry,
Are they active in the financial sector.

An investor can either bring skills or funds. Financing, which give us the ability to buy in the skills for industry.
Where will we purchase the skills from, and does it really change anything?

Currently, we have the finance, which is stolen in the process of buying in the skills and technology.
Any investment policy must address the fundamental Gap, to aid lock down corruption of available funds.

[horseguard]

@patco

SABMiller is not even African. It started of as a colonial company during apartheid and was then sold to the British and is today owned by a Belgian company, Anheuser Busch and headquartered in Europe.

That’s like saying Finlay’s tea or Brookebond is indigenous Kenyan.

SAFC Fertilizer, hao ni Arabs bana, not nyeuthi.

Show me Africans building economic zones in China and producing African products within China. And not some Arabs and Belgians.

Show me African companies that have won tenders to construct infrastructure in China.

And like I said in the other thread, the Africans who are in Guangzhou are there to import Chinese crap and come dump it in Africa. They are not there exporting African goods to China.

And despite this, China routinely seeks to push Africans out of Guangzhou so they don’t settle there permanently.

Ndio hizo link :

https://thenerveafrica.com/20723/china-wants-african-money-but-wants-nothing-to-do-with-its-people/

https://edition-m.cnn.com/2016/06/26/asia/africans-leaving-guangzhou-china/index.html

Meanwhile they themselves want to settle in Africa permanently. Kenya imports $4 billion worth of infrastructure loans and goods and services from China while we export zero… YES ZERO, to China. We export nothing to China. Business Daily did the analysis some time back.

The only thing they get from Kenya except our titanium and other valuable ores which we give at a loss are elephant tusks. Na hizo wanaiba straight up.

Trump is fighting trade deficit with China meanwhile Kamwana ni kufungua kuma ya Kenya tu itombwe. Dumping of even fish and plastic cups. Crap our jobless youths can make.

Jack Ma was in Africa recently and really wanted to trade with Kenya. But alas our leaders were was asleep as usual.Kagame took this opportunity and now Rwanda is reaping the benefits with coffee exports.
The problem is our leadership belong in the 80s. We need younger fearless leaders or corporate statism.

[maizeroaster]

@horseguard

Jack Ma was in Africa recently and really wanted to trade with Kenya. But alas our leaders were was asleep as usual.Kagame took this opportunity and now Rwanda is reaping the benefits with coffee exports.
The problem is our leadership belong in the 80s. We need younger fearless leaders or corporate statism.

Our government is not as much tuned to coffee export as to Eurobond borrowing so that they can fund projects from which it shall be stolen… The pattern is clear, don’t expect thieves to be serious… Just look around at the agri sectors for example which are on the verge of collapse… Sugar, maize, fishery… Maize from Mexico, fish from China, Sugar with copper poison… Blah blah and blah