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Archive for April, 2014

Come drought come thunder:Livestock insurance for herders in Kenya

29 Apr

Early in January this year all seemed bleak for the pastoralists in Northern Kenya and indeed a drought descended upon the region and wrecked havoc.The drought decimated herds and had a devastating impact on pastoralist communities. All seemed bleak then, assessments were done to see if the local government would be able to handle the matter on their own or whether national agencies would have to help alleviate the problem.

Now three months later,  the Index-Based Livestock Insurance scheme is rolled out  by the Nairobi-based International Livestock Research Institute (ILRI), in collaboration with several technical partners, the government of Kenya and commercial partners UAP Insurance and Equity Bank. The project is funded by UKAID, USAID and the World Bank, among other partners.

This has seen a light of hope penetrate into the lives of northern Kenya dwellers. The project has helped a reduction in demand for food aid.Below is a village meeting in Dirib Gombo for farmers who took out livestock insurance to receive their first payout after a prolonged drought in the region. Credit: Neil Palmer/ CIAT

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A cup of strong tea please

22 Apr

tea in kenyaTea is a major cash crop that is grown in Kenya. in Kenya tea is ranked as the third major foreign exchange earner, behind tourism and horticulture. Looking  at the Kenyan culture it is fascinating how their way of life blends the traditions of thousands of years of an African social evolution with modern influences of the 20th century.

In Kenya any time is tea time a custom  borrowed from the British colonial past and Chai (tea with milk and sugar) style of cooking tea is most common. This style of cooking originated from India, this a true sign that Kenyan culture embraces many different cultural influences.

Tea is also an appropriate gift, along with sugar , when a person has been invited for dinner especially in the rural areas to present to their host.

Tea has had such a positive impact on the lives of Kenyan in so many ways.Small scale farming is an easy business to start and many Kenyans who have a hard time adjusting to urban life will relocate to most of the areas on the map above, to start a farming project. Kenya is the third largest producer of tea in the world. It also generates a substantial amount of foreign exchange which contributes to the economy as a whole.

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Mother of the nation :Running for the health of the people

18 Apr

Margaret Kenyatta is the only First Lady to have run the London Marathon.Talk about breaking records seems in Kenya it runs in the family. Forty two kilomefirstladytres of non-stop running is no walk in the park, but if it means more women holding their healthy babies in their hands after giving birth, it sure is a race worth taking to Mrs Kenyatta. Who herself is a mother of three and through her charity Beyond Zero aim to tackle the problem of maternal and infant death rates in Kenya.

Fifteen women die every day due to pregnancy related complications in Kenya and 20% of all deaths among mothers in the country are AIDS-related.In order to improve maternal and child health outcomes in the country, the First Lady of Kenya, Margaret Kenyatta launched the ‘Beyond Zero Campaign’ on 24 January in Kenya’s capital Nairobi. The new initiative also aims to accelerate the implementation of the national plan towards the elimination of new HIV infections among children.

According to the Commission on Information and Accountability for Women and Children’s Health 2013 Update Report, in 2012 alone, more than 100 000 children died before their fifth birthday—largely due to preventable causes. In the same year, 13 000 new HIV infections occurred among children and 62% of children living with HIV did not access life-saving antiretroviral drugs.

Donors and private organisations have already pledged funds to purchase mobile clinics that will provide integrated HIV maternal and child health outreach services in the country. Ultimately the programme aims to get 47 mobile clinics for mothers across  Kenya. Margaret Kenyatta is playing her role as mother of the nation to ensure that the future generation endures and grows to its full potential.

 
 

Kenyan Economy at a glance

15 Apr

Kenya’ economy expanded by 5.6 per cent in 2013 and looks set to grow faster this year at 6.3 per cent, latest data from the IMF show. The International Monetary Fund carries the data in its World Economic Outlook 2014 released on Tuesday, which shows that sub-Saharan Africa’s Gross Domestic Product collectively grew by 4.9 per cent.

Kenya’s GDP was faster, but it was outpaced by its peers Ethiopia, Tanzania and Uganda.Ethiopia registered economic growth of 9.7 per cent in 2013, while Tanzania’s and Uganda’s GDPs expanded by seven per cent and six per cent respectively.

The IMF shows consumer prices in Kenya, which is rated as a low-income country, were up 5.7 per cent last year. It projects a 6.6 per cent inflation rate this year, and estimates a slower 5.5 per cent change in consumer prices in 2015.

The IMF data also show Kenya’s current account deficit will deteriorate this year to 9.6 per cent from 8.3 per cent in 2013, but will improve significantly next year to 7.8 per cent.

Growth in sub-Saharan Africa was buoyed by improved agricultural production and investment in natural resources and infrastructure, and is expected to accelerate this year.

The IMF however warns of tight global financing conditions or in emerging market economies could generate some “external headwinds” especially in countries with large external linkages, mineral producers and frontier economies.

 

 
 

Making millions in Kenyan Property

15 Apr

The Kenyan market has been awfully lubricative especially for foreign investor because of the high profit margins of 20 to 30per cent, which analyst have argued is impossible even in the US or European markets. In the last decade, Kenya’s real estate has been anything but robust. The real estate boom survived the 2008 Post Election Violence and global economic downturn that crippled other sectors such as tourism and agriculture. The construction sector is approximated to have created 82,000 private sector jobs in 2010.     Kenya_Real_Estate
Big international real estate firms have invested millions of dollars in luxury properties and the high-end market targeting expatriates, diplomats and wealthy Kenyans.The value of Nairobi’s prime real estate grew by 25% while at the Kenyan coast it went up by 20% outdoing other major cities like Miami (19.1%), London (12.1%), Moscow (9.8%), New York (3.1%), Shanghai (-3.4%) and Singapore (-4.7%).In capital Nairobi, huge billboards advertise the newest house apartments. These have become quiet common as agriculture paves way for real estate.

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Some of the big projects include Tatu City , a multi-million dollar development located on the outskirts of Nairobi set on 1,000 hectares of land and estimated to house 70,000 residents and create close to 220,000 short term construction jobs and over 115,000 permanent jobs. The project championed by both local and foreign investors including Renaissance Capital, the Moscow-based investment bank, is estimated to cost in excess of Ksh. 400 billion ($4,784,688,643.00 USD).

Kenyan real estate is one of the most vibrant and profitable in the world today. Africa is the next big thing and it is led by Kenya being in the heart of this continent and with the highest level of growth going forward, so why let foreign inventors benefit for our country when you can send money to Kenya and invest in your future if you living abroad

 
 

Kenya in brief :What has been happening ???

11 Apr
29 March 2014 COPENHAGEN — Athletes from Kenya dominated the 22nd edition of the IAAF World Half Marathon Championships, taking individual golds for both men and women, winning the women’s team title by an overwhelming margin, and taking the silver medal in the men’s team competition. When the achievement has been put on the wall its easy to just say-they won but competing in such a big International event can be an enormous undertaking.

5-7 April 2014 The 3rd Power & Energy Africa is being held from the 27th to the 29th of April, 2014 at Kenya’s Prime international venue; the Kenyatta International Conference Centre in Nairobi.Power and energy with all the power shortages in Africa as a whole. Here is to hoping the great minds come together for a good and tangible cause.

Security in Kenya is still a complicated fact,in the most recent small-scale attack in Eastleigh district, on 1 April 2014, at least six people were killed. No group has taken responsibility yet. The government has launched a crackdown on the ethnic Somalis living in the urban areas to move back to refugee camps.  This has caused tensions to rise and within the country. This is an ugly phase in the history of the country and surely it will come to pass only time will tell.

Kenya is like a family where other children lift the name of the family(the undoubtedly winning athletes), some children plan on the solutions to the problems the family is facing(Conference Organisers), while there is always the black sheep of the family who strives to tarnish the family name at all costs(terrorists troublemakers).kenya-logo