Human capital, not mega-projects, will turbo-charge economy

What you need to know:

  • Agriculture accounts for 30 per cent of GDP directly and close to 40 per cent including indirect contribution such as agro-processing (tea factories, sugar millers, milk processing etc.). Very little if any, of this economic activity is in Nairobi.
  • Some inputs, say a techno-city, or 5000 megawatts of power, can do magic, catapulting the economy so dramatically that, in the blink of an eye, we have caught up or even overtaken South Korea for instance. If you are one of those who’ve bought into this, I have news for you.
  • The only African country with a comparable human resource to the Asian Tigers in 1965 was Mauritius. Not surprisingly, it is the only African country that industrialised alongside the Asian tigers.

A couple of years ago, following the release of the 2009 census, Kibera lost it’s global standing as the largest slum in Africa.

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