So $37.23B GDP converted to Kshs at an exchange rate of 87 gives 3.239 trillion GDP in Kshs terms. We have debt of Kshs 2trillion meaning our Debt to GDP is about 62% and not the 50% that keeps being repeated severally. Would one argue our gearing to GDP is risky?

Tech cities and mega dams: Africa's giant infrastructure projects


Great Inga Dam -- Democratic Republic of the Congo

Potentially the world's largest hydroelectric dam, the Great Inga is a project to tame the mighty Congo River and provide much-needed renewable energy for up to 500 million Africans.

Mombasa -- Kampala -- Kigali railway project -- Kenya/Uganda/Rwanda


Stretching almost 3,000 kilometers and connecting three East African countries, the Mombasa-Kigali railway could be the continent's answer to the Orient Express.

Konza City -- Kenya

Konza City is a $9.2 billion dollar technology and financial metropolis project located southeast of Nairobi.
Dubbed the "African Silicon Savannah" the project is part of "Vision 2030," the Kenyan government's plan to improve the quality of life for its citizens.

http://edition.cnn.com/2...e/index.html?hpt=ibu_c2

@Ericson Using your $41.84B estimates assumes we have been growing at +7% in real GDP terms from 2007 and +12% in nominal terms. Since we are using Real GDP here applying KNBS estimates we end up at about $37B. Do you have the latest debt figures because that number is past 2 trillion last time I checked. This 52.2% keeps me entertained. It never moves up or down we just fudge the GDP number it appears!

I fear we are begining to look like the PIGS states in Debt to GDP numbers and we all know how it went down.

http://www.businessdaily.../-/jbclbdz/-/index.html

Uganda has invited its four East African Community ( EAC) partner states to buy stakes in the proposed Uganda oil refinery.

A 40 per cent shareholding will be reserved for the public sector. All the EAC members must confirm participation in the project by October 15.

The multi-billion dollar refinery will be developed on a public-private partnership basis, where the public owns 40 per cent shares while the private sector takes 60 per cent.

Kenya, the economic powerhouse of the EAC bloc has the only operating refinery that is currently facing several challenges at the moment owing to its ageing condition.

The Standard