I personally do not see any/much impact the cuts will have on the NSE or Africa at large. The British Overseas aid budget was ring fenced, but i think the Bretton Woods bodies will have to be more accountable for the UK to continue donating to the levels it has been doing.

I think the way forward is to encourage small businesses to flourish to reduce the burden of employment in the private sector.Synergies are required and it's time people looked to the so called "unconventional" markets ie: The Iranians are planning a huge housing complex in Mavoko with some businessmen in Kenya and it's such arrangements the the country will probably establish itself firmly in the region.

@Mkonomtupu, true about China on real estate but my question is how long do you think a communist country with a capitalistic tendency will be able to sustain a high growth economic pattern with dwindling resources and a citizenry that is getting to know what their rights in terms of labour are?
@Vvs, actually we should be looking at the emerging markets as our targets. That's where the money is, with the rapid economic gowth, their is a fast growing middle class to be satisfied.

@erifloss, the dwindling resources is the primary reason why i think china is invading africa, building highways to Sudan, improving the northern corridor by building the eastern bypass. China needs a foothold into africa and i guess kenya presents a perfect spot. China is so excited about a 14th Century voyage to Malindi by one of its admirals and the giraffe diplomacy that followed, IMHO that's the path of imperialism. The chinese govt is also backing its investors to the hilt, with insurance and govt guarantees on investment. This is the kind of imperialism that UK did a century ago before it became bankrupt. So just enjoy the show and tap into the emerging opportunities. Am already in Isiolo trying scouting for opportunities in what will be a resort town in vision 2030. The road the chinese are building is superb all the way to marsabit and beyond.
We should really target growing business with african countries there is just so much to import and export. Ethiopia is largely untapped the govt should be sponsoring business clubs to visit these countries

Cutting 3-500k jobs will almost certainly have an impact on the UK economy. UK is actually an importer of Kenyan goods so there will be some impact.

Our economy needs to start looking at two sources of wealth creation. (1)Value addition of our exports. I still don't get how we import raw coffee and tea. (2)Aggressively expanding in the central, east and horn of Africa