Tuesday, February 19, 2008

131: East Africa rebounds, albeit slowly

There are some hopeful signs emerging from the ongoing political negotiations in Kenya just now. And, according to today's linked article from The EastAfrican, signs from elsewhere across the region indicate less 'contagion' from Kenya's political violence than might have been expected. In Uganda, for example, the coffee sector is reporting good returns, and across all sectors the level of trade through Kenya is gradually returning to normal. Many remain affected by backlogs across the transport network, of course, particularly at Kenya's large port in Mombasa - but even here traders seem optimistic that things will improve, whilst the IMF has drawn attention to the region's 'over-reliance' on Mombasa and the corresponding need for greater investment in infrastructure. Just one of the many lessons emerging from Kenya right now...

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