African countries’ partnership with Eastern countries
(CHINA & TAIWAN)
For quite a long time,
African countries and Kenya in particular has been relying on the western
countries for aid and development partnerships. Most of these Western countries
except the US were the economic and political colonizers of the African
continent and since the attaining of free rule, the countries continued to
majorly influence most of the operations in their former colonies. This led to
over reliance in heir support and economic aid for development which had been
pinned to economic and political influence.
Notably, the US has
also been active in this under hand manipulation. This has been witnessed
through its budgetary influence on United Nations and the World Bank More over,
since inception it has been the prerogative of the US to appoint the highly
influential World Bank president, though the recent competition being witnessed
in appointing the new president is commendable.
There is a mega shift
in the aid and development partnership towards the Eastern countries which is a
good move. Notably, China has been in the fore front to offer financial
subsidies to the Chinese companies in facilitating their imports from the east
African countries such as Kenya. The subsidies are covering commodities such as
coffee, tea and flowers. Also Kenyan exporters and companies have been granted
free exhibition spaces at trade fairs in China increasing visibility of Kenyan
goods and services. This is quite encouraging in closing the gap on foreign
trade imbalances.
In an interview with
the Business Daily, the former Chinese ambassador to Kenya, Mr Deng Hongbo
noted the China-Kenya tourism ties which have significantly addressed trade
imbalances. With more, foreign reserves, it is easier to control external
inflation pressures.
Remarkably, China has
supported a number of infrastructural development projects in Kenya. Evidently,
the transport sector has largely benefited from modern road network courtesy of
the Chinese construction companies. The Kenyan airports are also major
beneficiaries of this new found partnership.
Taiwan is another
country fostering the mutual development in Africa. This is an emerging economy
whose association will be an impetus to Kenya’s development especially in the
tourism, education and industrial sectors. Modern technology products such as
electronics from Taiwan are becoming a key feature in the Kenyan market. The
support being accorded to the Kenyan youth through Youth Alive Kenya by Taiwan
foundation for Democracy is commendable. Remarkably, democracy is the back
borne of human development and the youth being at the center and periphery of
development, this assistance will play a pivotal role in the lives of many.
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