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Kenya to receive $25 million from South Korea – Africa Business Round Up

BY David Indeje · November 9, 2016 05:11 am

Tanzania will get $50 million for the construction of power transmission grids; Ethiopia will get a similar allocation for the development of agro-industrial parks while Uganda’s share of $30 million is expected to boost agriculture and forestry conservation programmes. Kenya will get $25 million for multipurpose water resources.

The funds, which will be disbursed through the Korea Exim Bank’s Economic Co-operation Development Fund and the African Development Bank, were pledged at the recently concluded fifth Korea-Africa Economic Co-operation conference in Seoul.

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Brexit should be good for Africa, and Africa could be good for Brexit, too

Brexit – whether you welcome it or not – provides a game-changing opportunity for Africa and the UK. Outside the customs union, the new Government could fundamentally change its relationships with the countries of the continent to the advantage of both Africa and the UK.

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Maximising the return on healthcare investment in Africa

Challenges and opportunities are plentiful in the African healthcare sector, a market the International Finance Corporation (IFC) estimates is currently worth $US35 billion. A vibrant and educated (and growing) middle class will demand better quality healthcare. Increased life expectancy and lifestyle changes will place an increased focus on non-communicable diseases such as diabetes and cardiovascular conditions.

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What steps can Africans take and lead in Internet governance and social justice?

Across Africa, despite the increase in Internet penetration through various strategies such as those in Botswana and Kenya; — governments (such as Ethiopia, Uganda and Togo) and non-state actors (such as the extremist Somali militia Al-Shabaab) have attempted to roll back these gains to prevent transparency and accountability.

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David Indeje is a writer and editor, with interests on how technology is changing journalism, government, Health, and Gender Development stories are his passion. Follow on Twitter @David_IndejeDavid can be reached on: (020) 528 0222 / Email: info@sokodirectory.com

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