The bitter dispute over the Kenyan presidency could have long-lasting economic repercussions, observers warn, fearing that financial turmoil could quickly derail an, until now, booming economy. Considered an investor-friendly haven of relative stability on its way to becoming an ”African Tiger”, Kenya is experiencing its worst political unrest in 25 years.
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/ 24 September 2007
Once known as East Africa’s green ”City in the Sun”, Nairobi is so choked with traffic that Kenya’s architects suggest moving to a new capital and angry business leaders say the booming economy is under threat. A combination of bad drivers, ramshackle vehicles, overloaded trucks, potholed roads and corrupt traffic police make one of Africa’s biggest cities resemble the dodgems on a good day.