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{
"id": 1550022,
"url": "http://info.mzalendo.com/api/v0.1/hansard/entries/1550022/?format=api",
"text_counter": 301,
"type": "speech",
"speaker_name": "Tinderet, UDA",
"speaker_title": "Hon. Julius Melly",
"speaker": null,
"content": " Hon. Temporary Speaker, I rise to support the ratification of the treaty creating AFC. Ratification of this treaty is long overdue since AFC started operations in 2007. Africa is one of the wealthiest continents in the world. It has a very young, energetic and educated society. It has a lot of extractive resources like gold, oil, iron ore and cobalt. One of the problems facing Africa today is lack of strong financial institutions. Since the ADB was established, it has led to the development of large infrastructural projects across the continent. This has seen the development of good roads and large power grids. It has also led to the development of institutions and research centres. Africa sat down and saw the need to establish AFC. It is a lending financier and adviser to clients across Africa, offering structured debt financing, trade financing and expansion equity. There is a lot of strength and synergy in the developing nations or the developed parts of the world. There is a lot of strength or wealth in people or communities coming together. Let us look at the case of the European Union, the European Central Bank and the Asian Tigers. They have all come up as a result of countries teaming up. The Africa Finance Corporation has had investments of over US$2 billion across several countries in Africa, since its establishment in 2007. In so doing, poverty and diseases will be things of the past in the near future."
},
{
"id": 1550023,
"url": "http://info.mzalendo.com/api/v0.1/hansard/entries/1550023/?format=api",
"text_counter": 302,
"type": "speech",
"speaker_name": "Tinderet, UDA",
"speaker_title": "Hon. Julius Melly",
"speaker": null,
"content": "Kenya is a member of the Pan-African Parliament in South Africa. As we move towards a political union, we also need to establish a financial union. We are talking about a fiscal and monetary union. We also need to ensure that our people can easily move across the continent by having good roads. We will then see the movement of goods from the western or southern parts of Africa to Cairo. All this will be achieved when proper roads are built and proper electricity grids or connecting lines are implemented to enable and fuel trade, especially in ICT and software. More importantly, it will also ease the movement of goods across the continent. There are a number of rivers in Africa that are easily navigable. The River Nile is an example. We need to use resources from such institutions as the AFC to ensure that large dams are built. We have cruise ships along the Zambezi River and other rivers. I support the ratification of this Agreement. I request other member states within Africa to move fast so that we can ratify this agreement and promote trade and development across the continent."
},
{
"id": 1550024,
"url": "http://info.mzalendo.com/api/v0.1/hansard/entries/1550024/?format=api",
"text_counter": 303,
"type": "speech",
"speaker_name": "Hon. David Ochieng’",
"speaker_title": "The Temporary Speaker",
"speaker": null,
"content": " Hon. Melly, we are 43rd in the ratification of the agreement. Other countries are already on board. We have delayed. The Corporation is already working. That is why we are expediting the ratification of the agreement. Hon. Members, there being no further interest to contribute to this Motion, I request the Mover to reply. The electronic version of the Official Hansard Report is for information purposesonly. A certified version of this Report can be obtained from the Hansard Editor."
},
{
"id": 1550025,
"url": "http://info.mzalendo.com/api/v0.1/hansard/entries/1550025/?format=api",
"text_counter": 304,
"type": "speech",
"speaker_name": "Molo, UDA",
"speaker_title": "Hon. Kuria Kimani",
"speaker": null,
"content": " Hon. Temporary Speaker, Africa is not just about the landmass. It is about the people. Ratification of the agreement on the establishment of the Africa Finance Corporation will show our commitment to “Africanness” and investing in our interests. This is a wake-up call to other African countries that the reliance on the West must come to an end. As President Uhuru said the other day, we expect Americans to help us and yet, we do not pay taxes in America. We expect China to help us and yet, we do not pay taxes in China. They offer support with conditions and interests but, if we invest in an African institution, we will ensure that we support our own, and grow our banks, resources, countries and Africa."
},
{
"id": 1550026,
"url": "http://info.mzalendo.com/api/v0.1/hansard/entries/1550026/?format=api",
"text_counter": 305,
"type": "speech",
"speaker_name": "Molo, UDA",
"speaker_title": "Hon. Kuria Kimani",
"speaker": null,
"content": "Africa has the potential to outgrow all western countries. We have a much younger population and one of the best skilled populations globally. If we leverage on what brings us together as Africans, and on having institutions like this that are built by Africans for Africans, we will see development not just in Africa, but most importantly in our great country Kenya, which we love. With those few remarks, I beg to reply."
},
{
"id": 1550027,
"url": "http://info.mzalendo.com/api/v0.1/hansard/entries/1550027/?format=api",
"text_counter": 306,
"type": "speech",
"speaker_name": "Hon. David Ochieng’",
"speaker_title": "The Temporary Speaker",
"speaker": null,
"content": " Hon. Members, the decision on this Motion will be made the next time it will be listed in the Order Paper for obvious reasons."
},
{
"id": 1550028,
"url": "http://info.mzalendo.com/api/v0.1/hansard/entries/1550028/?format=api",
"text_counter": 307,
"type": "speech",
"speaker_name": "Hon. David Ochieng’",
"speaker_title": "The Temporary Speaker",
"speaker": null,
"content": "Next Order."
},
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"id": 1550029,
"url": "http://info.mzalendo.com/api/v0.1/hansard/entries/1550029/?format=api",
"text_counter": 308,
"type": "scene",
"speaker_name": "",
"speaker_title": "",
"speaker": null,
"content": "(Putting of the Question deferred)"
},
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"id": 1550030,
"url": "http://info.mzalendo.com/api/v0.1/hansard/entries/1550030/?format=api",
"text_counter": 309,
"type": "speech",
"speaker_name": "Hon. David Ochieng’",
"speaker_title": "The Temporary Speaker",
"speaker": null,
"content": " Hon. Tindi Mwale, I am sure you have been taking enough water waiting for this Motion. Go ahead."
},
{
"id": 1550031,
"url": "http://info.mzalendo.com/api/v0.1/hansard/entries/1550031/?format=api",
"text_counter": 310,
"type": "heading",
"speaker_name": "",
"speaker_title": "",
"speaker": null,
"content": "ADOPTION OF REPORT ON THE EXAMINATION OF THE FINANCIAL STATEMENTS FOR MDAS FOR FY 2021/2022"
}
]
}