Kenya declines $30 Billion offer from China to buy Nairobi City

Luken

Superstar
Supporter
Joined
May 2, 2012
Messages
18,058
Reputation
-590
Daps
39,476
Reppin
Toronto/ Jersey / ATL / LA / Panoramic Roofs
Joined
Feb 6, 2017
Messages
395
Reputation
150
Daps
820
Reppin
Stoic disciples
BECAUSE THE PROPOSAL WAS MADE.

A 3.1 BILLION LOAN WAS REJECTED...

DUDE OFFERED 30 FOR THE CITY.



:devil:
:evil:

"Dude offered 30 for the city" (smiley face).....you are on this cartoonish mentality because you want this to be true so that you can fake outrage.
Ya'll have this stupid simplistic naive view of Africa. For this deal to be made the offer will have to be made to hundreds of private land owners, not the government. Most of this land has been passed on from generation to generation among the wealthy descendants of chieftain families. All the tonnes of lawyers and land lease litigation it would take 30 years to buy a quarter of the city. All the government can sell that is city-wide is privatization of utilities like the power grid & water.
This story would be breaking news in my country, all papers would be on this for months. Not a single serious media outlet has this nonsense, NONE.
 

CHICAGO

Vol. 9: Trapped
Staff member
Supporter
Joined
May 1, 2012
Messages
65,907
Reputation
14,067
Daps
416,584
Reppin
CHICAGO
"Dude offered 30 for the city" (smiley face).....you are on this cartoonish mentality because you want this to be true so that you can fake outrage.
Ya'll have this stupid simplistic naive view of Africa. For this deal to be made the offer will have to be made to hundreds of private land owners, not the government. Most of this land has been passed on from generation to generation among the wealthy descendants of chieftain families. All the tonnes of lawyers and land lease litigation it would take 30 years to buy a quarter of the city. All the government can sell that is city-wide is privatization of utilities like the power grid & water.
This story would be breaking news in my country, all papers would be on this for months. Not a single serious media outlet has this nonsense, NONE.

The Kenyan government has however rejected the proposal on arrival terming the deal as frivolous since Nairobi is the capital city of the country hence cannot be sold out at all costs.
:devil:
:evil:

 

8WON6

The Great Negro
Supporter
Joined
Nov 7, 2015
Messages
69,763
Reputation
14,858
Daps
280,210
Reppin
Kansas City, MO.
OP can't read or was desperate for attention
how is the title misleading? :mjlol:
Chinese government offered a loan
then a Chinese man offered to straight up buy a whole city.

I'm not the one with reading comprehension issues. :gucci:

why is this even what you're huffing at? there are multiple issues at play and you reaching (wrongly) at a thread title. The fact the Chinese govt lowballed the shyt outta them, then another dude came along with the real offered. shyt so disrespectful.:mjlol:The fact they just tried to buy a capitol of a country is disrespectful as well, but you trying to be mad about the thread title even though it's accurate. okay, breh. :pachaha:
 
Joined
Feb 6, 2017
Messages
395
Reputation
150
Daps
820
Reppin
Stoic disciples
how is the title misleading? :mjlol:
Chinese government offered a loan
then a Chinese man offered to straight up buy a whole city.

I'm not the one with reading comprehension issues. :gucci:

why is this even what you're huffing at? there are multiple issues at play and you reaching (wrongly) at a thread title. The fact the Chinese govt lowballed the shyt outta them, then another dude came along with the real offered. shyt so disrespectful.:mjlol:The fact they just tried to buy a capitol of a country is disrespectful as well, but you trying to be mad about the thread title even though it's accurate. okay, breh. :pachaha:
Can you give us a link of an established media outlet with this story or shut up.
 
Joined
Feb 6, 2017
Messages
395
Reputation
150
Daps
820
Reppin
Stoic disciples
lol...why the switch up?
What switch up you fukking clown, you know very well you are wasting my time here.
You avoid challenging my comments explaining the land ownership & litigation rights making it impossible for anyone to even think of making such a proposal.
This thread is the result of skimming trough the internet for days looking for any click-bait weak link to faux outrage & dap fish. Just pathetic. The net is full of fake news on African countries for you to dap-fish and fake concern, fukk outta here with the bullshyt & start real productive conversations.
 

8WON6

The Great Negro
Supporter
Joined
Nov 7, 2015
Messages
69,763
Reputation
14,858
Daps
280,210
Reppin
Kansas City, MO.
What switch up you fukking clown, you know very well you are wasting my time here.
You avoid challenging my comments explaining the land ownership & litigation rights making it impossible for anyone to even think of making such a proposal.
This thread is the result of skimming trough the internet for days looking for any click-bait weak link to faux outrage & dap fish. Just pathetic. The net is full of fake news on African countries for you to dap-fish and fake concern, fukk outta here with the bullshyt & start real productive conversations.
cut out the insults. why are yall so mad? Like china aint already over on that continent opening up police stations and shyt. Quite frankly I'd like to think anything being rejected should be a good sign. But i'ma put you on ignore since you hurling insults like a 5 year old.
 
Joined
Jan 25, 2017
Messages
2,106
Reputation
250
Daps
6,693
Nairobi isn't huge but it has a large population and he wanted to build some robotics factories and probably source cheap labor. But the clown really thinks he can lease a capital city of a fukking country for 5 years. The levels of disrespect are phenomenal :heh:

That was the second large loan China had turned down by Kenya and they are also currently mad we don't want to import their fish. We have fukking fish of our own. Their trash fish was hurting local business so import was stopped and they threatened to back out of current developments :manny:

Nairobi is huge bro. Compare it with Chicago which is 234 square miles, Philadelphia in size is 141 square miles while Nairobi is 268 square miles
 
Joined
Feb 6, 2017
Messages
395
Reputation
150
Daps
820
Reppin
Stoic disciples
cut out the insults. why are yall so mad? Like china aint already over on that continent opening up police stations and shyt. Quite frankly I'd like to think anything being rejected should be a good sign. But i'ma put you on ignore since you hurling insults like a 5 year old.
That's what I thought, you have nothing concrete to prove this happened so you put me on ignore because I "hurt your feelings". Oh dear! sorry do you need a handkerchief.:hamster:
Create threads like a 5 year old and be prepared to be treated like a 5 year old, I have tried to be civil in discourse but you carefully avoid replying my questions through ad hominem.
So any story about Chinese in Africa is true because they opening up police stations & shyt all over the continent of Zambia. We will definitely need your enlightened wokeness to save the Zambian continent from these capital city buying mongoloids.
 

NoirDynosaur

Yurrrrrrrrrr
Joined
Jun 15, 2018
Messages
5,989
Reputation
2,217
Daps
20,309
Reppin
Planet Earth
Remember, it's a debt trap.

Plo Lumumba has waken up a few. China tried to give Sierra Leon a high loan but realized the long term effects and denied that shyt.
 

MegaManX

Superstar
Supporter
Joined
Apr 24, 2016
Messages
3,412
Reputation
6,465
Daps
17,291
I wonder how Kenya will continue to pay off its loans paying off both China and the IMF at the same time. Right now it's among the most in-debt countries on the continent despite the impressive development the country has gone through the past 20 years.

china didn't "loan" them money. They paid for future natural resources in advance. It can only be paid with natural resources that are already readily available.
 
Top