East African Business Week (Kampala)
Cedric Lumiti
7 July 2009
Nairobi — Public-private partnerships have been tipped as the only frontier for infrastructure development in Africa in the wake of shrinking aid from developed countries.
A banking conference in Nairobi heard that the continent needs to streamline the legal framework that governs partnerships between government and private entities for infrastructure development.
Addressing participants at the 2nd Africa Bank to Bank Conference, General Electric (GE) President for Sub-Saharan African, Mr. Lazarus Angbazo called on African governments to make maximum use of untapped capital held by private firms both local and international to spur infrastructure development.
"Partnerships between governments and the private sector have proved a sure way of sustainable infrastructure development especially at a time when developed countries are cutting down on debt financing of projects," said Angbazo.
The two-day conference organized by the Bankers Association for Finance and Trade (BAFT) convened in Nairobi at a time when there are concerns on interest rates spurred by increased government borrowing.
The forum brought together senior bankers from Africa and beyond to discuss some of the significant developments in the region as well as to share best practices.
Themed 'Sustaining Trade Finance Through Challenging Times,' the forum also focused on growing liquidity concerns, trade contraction, restraints on credit and the probability of increased regulatory oversight in the sector.
Central Bank of Kenya (CBK) Director of Banking Supervision, Ms. Rose Ndetho who opened the conference on behalf of CBK Governor Mr. Njuguna Ndung'u said Kenya's banking sector was not deeply affected by the credit crunch.
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MATTHEW 10:26 DON’T BE AFRAID OF THEM, FOR THERE IS NOTHING COVERED THAT WON’T BE REVEALED AND THERE IS NOTHING HIDDEN THAT WON’T BE KNOWN.
Remember the 120 ! in the Upperroom, Gideon’s 300, One(1) believer can chase 1,000 demons & Two (2) can make 10,000 run .
How many will 1 million chase ?
Here’s An abbreviated Spirit Bomb prayer that I’d like for us to say to God The Creator Of All :
OUR FATHER IN HEAVEN , HOLY IS YOUR NAME, YOUR KINGDOM COME , YOUR WILL BE DONE, IN EARTH AS IT… [Read Full Text]
THEY COME TO :
STEAL OUR ECONOMY
KILL OUR INITIATIVE TO BE SELF-SUFFICIENT
DESTROY OUR FAMILIES
1) INFERIORITY = CURRENCY EXCHANGE
Currency Exchange is designed to puff up certain peoples and nations over others. The numbers are constantly telling some that they are inferior to others. The problem intensifies when those being manipulated by this financial scam buy in to this wicked scheme.
What’s the solution to INFERIORITY CURRENCY EXCHANGE ? Stop giving away our souls one piece of money ( dollar , pound, franc, rand, deniro, rupal, euro, Chinese renminbi, rupee, Russian ruble,etc..) at-a-time .