Abstract: Within the last decade, China has emerged as the single largest bilateral lender to Africa, being only comparable to the World Bank in terms of volumes. However, despite its growing presence, China has become infamous for lack of transparency in its lending practices; there is no accurate data regarding its outstanding debt stocks, debt flows, and most importantly, its lending terms and conditions. Using a set 37 original loan contracts between China and 10 different African countr...
Abstract: Studies on the Rise of Rwanda and development are not a new concept at all. However, most of these studies do not present concrete criteria for determining how the country has marketed herself as a regional hub for international conferences. This study attempts to fill the academic gap by examining other international conference cities and identifying the similarities or/ and differences they have with Kigali City. To achieve these objectives, this thesis employed a qualitative res...
Abstract: Bilateral and multilateral blocs play a fundamental role in advancing economic, political and socio-cultural integration among member nations. In this regard. BRICS was formed mainly on an economic theme. In Africa. South Africa is the only member of the BRICS. Some of the reasons of the country joining the bloc were prospects of enhancing global trade and market access, foreign direct investment and to increase its bargaining power. This study interrogated why South Africa was mot...
Abstract: Kenya's 2010 constitution declares equity to be an underlying princi ple of governance, which is constituent with its provision for devolution. While institutionalization of equity is acknowledged by the previously marginal ized, this is often not the case with beneficiaries of the old order. In order to efficaciously implement the letter and spirit of Kenya's constitution devolution, it is important for Kenyans to understand that while nature vastly differentiated their country, s...
Abstract: This study seeks to examine the potential of economic diplomacy for the promotion of intra-African trade, with a focus on the Common Market for Eastern and Southern Africa (COMESA) region. The study focuses on the following research questions: Do the different member states of COMESA apply economic diplomacy? What has been the impact of economic diplomacy COMESA member states? What is the way forward for economic diplomacy among COMESA member states? This study will apply a mixed m...
Abstract: Public Private Partnerships (PPPs) are considered an integral avenue for the pursuit of Kenya‟s development agenda. They are seen as a vehicle through which the government encourages and involves the private sector through investments in projects and services, give better value for money and transfer significant risk and management to the private sector. The adoption of the PPP arrangement by Kenya was prompted by the increasing demand for quality and affordable services from cit...
Abstract: The main objective of this study was to examine the role the private sector plays in attaining economic self-reliance in Kenya. Currently Kenya is in a debt crisis due to unsustainable external borrowing. The study was guided by two theories: institutional differences and new theory of management. The study employed a mixed methodology. The study seeks to find how through the PPPs Kenya can attain economic self-reliance as well as create a sustainable approach to detach from extern...
Abstract: Cash transfers have increasingly been regarded as best practice for social protection mechanisms in developing countries. In Kenya, the pilot program of cash transfer introduced in the year 2004 focused on Orphans and vulnerable children with the aim of mitigating the effect of Acquired Immuno Deficiency Syndrome (AIDS) and Human Immuno Virus (HIV) on children in the nation. In Malawi, the Social Cash Transfer was rolled out in 2006 on a pilot basis in response to chronic hunger an...
Abstract: There is a growing recognition of the south to south migration in developing countries, shaping the relationship between diaspora remittance and national development. It is for this reason that the study was justified on the basis that many studies on remittance are derived from the Global north than the Global south. The purpose of this study was to find the relationship between diaspora remittances to Kenya’s national development focusing on the Global south. The study was guid...
Abstract: In recent years, the Sovereign Wealth Funds (SWF) have emerged as dynamic class as a crucial source of funding for economic development especially in times of economic crisis. The funds currently managed through various SWF are estimated between 2 and 3 trillion dollars, which is huge in terms of its development value to states that own them. For the developing countries of Africa, the objectives of creating SWF are to provide a resilient source of development in finance. Rwanda is...
Abstract: The East African Community (EAC) has taken a step forward by implementing a free trade area, customs union and a common market in its region. It is also on the journey of achieving an economic union and eventually a political federation. This implementation of the former requires the removal of all trade barriers in the intra-regional trade. The EAC region has incorporated the removal of trade barriers for efficient regional integration among the member states. However, the region ...
Abstract: Regional integration has been a constant feature in East African region’s states relations. After independence Kenya, Uganda and Tanzania formed the East African Community (EAC) which later collapsed. Attempts to revive integration were successful, culminating in the revival of the community. This study looked at integration of the East African Community during these two periods. The study also focused on the economic interests pursued by the region’s biggest economies namely K...
Abstract: A thriving private sector is central to achieving the objectives of Kenya’s Vision 2030. In fact, the success of Vision 2030 is largely premised on the role of the private sector in achieving the countries growth objectives and, thereby, creating greater wealth and employment opportunities. In general, the private sector in Kenya is vibrant and in good health. Kenya is a promising place to do business, with growing markets and good opportunities. Importantly, there is a widesprea...
Abstract: This study has established that Kenya has been borrowing money unilaterally, multinational, and from global financial institutions such as the International Monetary Fund and the World Bank. This has been the case because after gaining independence the country has always envisioned a future where the earning and purchasing power parity of the population is reasonable enough to maintain a high velocity of money and a near full employment status. Part of the vision also includes deve...
Abstract: This study focused on the examining the effects of politics trade in East African Community (EAC) trade and economic integration, with the European Union (EU) examined as setting the pace and can be used as a model in helping other regions to achieve a robust Regional Economic Integration. Regional Economic Integration has enabled countries to focus on issues that are relevant to their state development in many African countries, as well as encourage trade between neighbors. The fo...