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The Kenya Times
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    Safaricom To Add Wallet Sharing, Bill Splitting In New M-Pesa Upgrade

    Safaricom to Roll Out New M-PESA Features After Fintech 2.0 Upgrade

    Political Miracles Are A Pre-Requisite For Economic Miracles.

    Africa’s Needs to Mainstream Strong Multiparty Democracy, Governments in Waiting and Shadow Cabinets to Fortify Against Political Instability and Military Coups

    Dj Ag Announces Nairobi Visit For Live Stream Hub And Blockhouse Party

    Renowned British Jamaican DJ AG Expected to Make a High-Profile Visit to Kenya

    Kmpdc Headquaters In Nairobi. Photo/Kmpdc

    Govt Warns Hospitals Against Detaining Bodies in New Advisory

    Absa And Prime Bank Make Billion Profits In Q3 2025 Results

    ABSA and Prime Bank Post Massive Profits in First Nine Months of 2025

    A Photo Of Economic Advisor David Ndii Photo/Nairobi Leo

    Ndii Clarifies DNA Data Collection by Agents in New SIM Card Registration

    Samia Suluhu And Wanu Hafidh Ameir

    Profile Samia Suluhu’s Daughter Appointed to the Cabinet After Reshuffle

    Cbk And Cma Launch Kenya’s Crypto Era Under New Virtual Assets Service Providers Act

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    List Of Teachers Picked Per County For Tsc 2025 Upgrading

    Kakamega and Bungoma Counties Lead in Teachers Selected by TSC for Upgrading (FULL LIST)

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      How Stablecoins Could Change The Way Africa Sends And Receives Money

      How Stablecoins Could Change the Way Africa Sends and Receives Money

      Safaricom Launches Skiza Tunes-Like Video Ring Back Tone Service- How It Works

      Safaricom Launches Skiza-Like Video Ring Back Tone Service- How it Works

      Password Are One Of The Least Secure Ways Of Protecting Your Online Information.

      Govt Issues New Guidelines on Password Storage and Cybersecurity

      How To Cancel Your Netflix Subscription

      How to Cancel Your Netflix Subscription Anytime

      How To Clear Motor Vehicles At Mombasa Port

      Guide to Clearing Your Car at Mombasa Port

      Verto Deepens Kenyan Commitment With New Nairobi Hub To Power Global Trade

      Global Tech Firm Verto Opens New Hub in Nairobi

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    Absa And Prime Bank Make Billion Profits In Q3 2025 Results

    ABSA and Prime Bank Post Massive Profits in First Nine Months of 2025

    M-Pesa

    Kenyan Men Lead in M-Pesa Usage, FinAccess Survey Shows

    Comesa Approves 75% Stake Acquisition Of Noble Outlook Limited By Salvo Grima Kenya Ltd

    Salvo Grima Kenya Ltd Moves to Acquire Major Stake of Leading Kenyan Tobacco Distributor

    Zenith Bank To Acquire Paramount Bank In Kenya Amid Regulatory Shakeup

    Another Nigerian Bank Moves to Acquire Kenya’s Paramount Bank Months After NBK Takeover

    Billboard In Nairobi

    Charges for Advertising Your Business on a Billboard in Kenya

    From Left To Right: United Nations Assistant Secretary General And United Nations Development Programme (Undp) Assistant Administrator And Director, Regional Bureau For Africa, Ms. Ahunna Eziakonwa, And Equity Group Foundation Executive Chairman, Dr. James Mwangi, During The Signing Of A Partnership Between Undp And Equity Group Foundation

    Equity Group Foundation and UNDP Partner to Boost Youth Innovation

    Equity Group Ceo Dr. James Mwangi Speaking During An Event. Photo/Equity Bank Kenya

    James Mwangi Shares How His Mother’s Humiliation Sparked Equity’s Banking Revolution

    A Photo Of Naivas Ceo Andreas Von Paleske And Uber Eats General Manager Wangui Mbugua During The Launch Of Their Partnership On November 13,2025 Photo/Naivas

    Naivas, Uber Eats Roll Out Online Shopping Service in Select Naivas Branches in Nairobi

    Kebs Announces New Rules For Importing Used Cars From January 2026

    KEBS Announces New Rules for Importing Used Cars from January 2026

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    Kmpdc Headquaters In Nairobi. Photo/Kmpdc

    Govt Warns Hospitals Against Detaining Bodies in New Advisory

    Kutrrh Announces 99 Job Vacancies In Key Medical Roles

    Kenyatta University Hospital Announces 99 Job Openings Across Key Departments

    The Social Health Authority (Sha) Portal. Photo/Afyangu

    How Teachers Can Add and Update Dependents on SHA

    Shiru Wa Gp Confirms Betty Bayo’s Contract To Continue After Death To Support Family

    Betty Bayo Profile:  Early Life and Education, Career, Family and Death

    Sha Medical Tariffs For Teachers Under Tsc

    Inside New SHA Oncology Package as Govt Moves to Raise Cancer Cover

    Younger Women Are Being Diagnosed With Breast Cancer: What You Should Know

    Younger Women Are Being Diagnosed with Breast Cancer: What You Should Know

    Manufacturers To Pay Standards Levy Capped At Ksh4M Annually As Kebs Enforces Strict Penalties

    KEBS Responds After UK Methanol Poisoning Alert in Kenya

    Knh Vice Chair In Court Over Ksh3.6M Tablet Theft

    KNH Official Charged with Theft of Tablets Worth Ksh 3.6 Million

    Why Your Ugali Might Not Be As Nutritious As You Think

    Why Your Ugali Might Not Be as Nutritious- Report

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    Dci Hq

    Man Posing as KDF Brigadier Caught Conning Youth with Fake Recruitment Letters

    Tiyah Galgalo Ali Wins Landmark Ruling At High Court

    Court Blocks Replacement of National Land Commissioner Allowing Full Six-Year Term

    Court Issues Fresh Orders On Recruitment Of 10,000 Police Officers

    High Court Lifts Orders Stopping Recruitment of 10,000 Police Officers

    Icj Judges’ Salaries, Immunities, And Exclusive Privileges

    Phoebe Okowa: Prestigious Perks and Privileges Kenyan Elected ICJ Judge will Enjoy

    Kemsa Warehouse In Nairobi. Photo/Courtesy

    Former KEMSA Directors Win Ksh12 Million for Being Sent on Forced Leave

    Court Awards Ex-Kdf Officer Kshs 8 Million Over Sabbath Dispute

    Court Awards Ex-KDF Soldier Fired for Refusing to Work on Saturdays KSh8 Million

    Odm Rally In Homabay

    Furious Wanga Issues Demands as ODM Feels the Heat in Kasipul

    Kenyan Prince'S Mercedes-Benz Gle Impounded By Police

    Kenyan Prince’s Mercedes-Benz GLE Impounded by Police

    Shock In Mombasa Court As Buried Shakahola Man Appears Alive In Court

    Shakahola Suspect Appears in Court Despite Claims He Was Buried by Family

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    Kenya’s Harambee Stars Set To Face Senegal In Turkey

    Kenya Brace for Tough Senegal Test Amid AFCON 2027 Preparations, How to Watch

    Sportpesa League Ushers In A New Era For Kenyan Football

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    Nigeria Face Dr Congo In Caf World Cup Qualifying Playoff Final

    Nigeria and Congo Set to Battle for Africa’s Last Slot at 2026 FIFA World Cup

    Police Fc Face Giants Tusker As Fkf Pl Title Defence Continues

    Police FC Face Giants Tusker as FKF PL Title Defence Continues

    Govt Reveals When Talanta Stadium Will Be Ready

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    High Stakes As Nigeria Welcomes Gabon, Cameroon Faces Dr Congo

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    Mohamed Ghonemi: Meet Caf Manager Behind Afcon 2025 Official Match Ball “Itri”

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  • Entertainment
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    Dj Ag Announces Nairobi Visit For Live Stream Hub And Blockhouse Party

    Renowned British Jamaican DJ AG Expected to Make a High-Profile Visit to Kenya

    A Photo Collage Showing The View Of The Inaugural Nairobi Festival In Nairobi And Kenya’s Rugby Lionesses. Photo/Charles Onyango/Kenya Rugby

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    Sonko Breaks Silence On Gender-Based Violence After Daughters' Disturbing Incident

    Sonko Rushes to Kitengela After a Desperate Call From His Daughter

    Shiru Wa Gp Confirms Betty Bayo’s Contract To Continue After Death To Support Family

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    Political Miracles Are A Pre-Requisite For Economic Miracles.

    Africa’s Needs to Mainstream Strong Multiparty Democracy, Governments in Waiting and Shadow Cabinets to Fortify Against Political Instability and Military Coups

    Can Kenya Model Africa'S Youths Tvet Jobs And Wealth Creation Marshall Plan?

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    Safaricom To Add Wallet Sharing, Bill Splitting In New M-Pesa Upgrade

    Safaricom to Roll Out New M-PESA Features After Fintech 2.0 Upgrade

    Political Miracles Are A Pre-Requisite For Economic Miracles.

    Africa’s Needs to Mainstream Strong Multiparty Democracy, Governments in Waiting and Shadow Cabinets to Fortify Against Political Instability and Military Coups

    Dj Ag Announces Nairobi Visit For Live Stream Hub And Blockhouse Party

    Renowned British Jamaican DJ AG Expected to Make a High-Profile Visit to Kenya

    Kmpdc Headquaters In Nairobi. Photo/Kmpdc

    Govt Warns Hospitals Against Detaining Bodies in New Advisory

    Absa And Prime Bank Make Billion Profits In Q3 2025 Results

    ABSA and Prime Bank Post Massive Profits in First Nine Months of 2025

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      How Stablecoins Could Change The Way Africa Sends And Receives Money

      How Stablecoins Could Change the Way Africa Sends and Receives Money

      Safaricom Launches Skiza Tunes-Like Video Ring Back Tone Service- How It Works

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      How To Cancel Your Netflix Subscription

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      How To Clear Motor Vehicles At Mombasa Port

      Guide to Clearing Your Car at Mombasa Port

      Verto Deepens Kenyan Commitment With New Nairobi Hub To Power Global Trade

      Global Tech Firm Verto Opens New Hub in Nairobi

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    Absa And Prime Bank Make Billion Profits In Q3 2025 Results

    ABSA and Prime Bank Post Massive Profits in First Nine Months of 2025

    M-Pesa

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    Comesa Approves 75% Stake Acquisition Of Noble Outlook Limited By Salvo Grima Kenya Ltd

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    Billboard In Nairobi

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    From Left To Right: United Nations Assistant Secretary General And United Nations Development Programme (Undp) Assistant Administrator And Director, Regional Bureau For Africa, Ms. Ahunna Eziakonwa, And Equity Group Foundation Executive Chairman, Dr. James Mwangi, During The Signing Of A Partnership Between Undp And Equity Group Foundation

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    Govt Warns Hospitals Against Detaining Bodies in New Advisory

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  • Lifestyle
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    • Marie Durrieu
    • Peter Ongera
    • Salim Lone
    • William Hatungimana
    • Wycliffe Njororai Simiyu
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    Political Miracles Are A Pre-Requisite For Economic Miracles.

    Africa’s Needs to Mainstream Strong Multiparty Democracy, Governments in Waiting and Shadow Cabinets to Fortify Against Political Instability and Military Coups

    Can Kenya Model Africa'S Youths Tvet Jobs And Wealth Creation Marshall Plan?

    Can Kenya Model Africa’s Youths TVET Jobs and Wealth Creation Marshall Plan?

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Africa’s Needs to Mainstream Strong Multiparty Democracy, Governments in Waiting and Shadow Cabinets to Fortify Against Political Instability and Military Coups

by Nicasio Karani Migwi
November 18, 2025
Reading Time: 10 mins read
Political Miracles Are A Pre-Requisite For Economic Miracles.

Kenyan Military officers under the Quick Reaction Force (KENQRF), under the United Nations peacekeeping mission in the Democratic Republic of Congo (MONUSCO). PHOTO/KDF

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Between 1950 and 2023, 486 attempted or successful military coups were carried out worldwide. Africa is the bad boy, accounting for the largest number with 214 (44%).

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The number of successful military coups in Africa, at 106, comprises a success rate of 44%. Can conscious and deliberate investments in strong alternating multiple democracies, governments in waiting, and shadow cabinets be the panacea bulwark?

Can these political frameworks guarantee Africa’s replication of the economic miracles by the Asian Tiger economies ( Singapore, Hong Kong, South Korea, Taiwan), Asian Tiger Cubs (Indonesia, Malaysia, Thailand, Vietnam, Philippines), China, Mauritius, as well as Brazil and Chile in Latin America, and Puerto Rico? Can these political investments forestall military takeovers when youth urban social protests bring down governments?

Ari Aisen and Francisco Jose Veiga’s paper on ‘’How Does Political Instability Affect Economic Growth?’’ noted many economic, social, and security consequences of frequent cabinet changes, regime, and political instability indices.

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Political instability was found to adversely affect growth by lowering factor productivity growth rates as well as accumulation of physical capital and human capital due to lower savings and investment rates, as well as lower budgets for education and health sectors, and international brain drain as educated and skilled elite leave their homelands for stable and opportunity-laden countries. Other studies have noted the harmful effects of volatility resulting from frequent policy changes, while the short-termist horizons of policymakers often lead to suboptimal policies.

Rampant unemployment, poverty (low per capita income with many below the national poverty line), income inequalities (high Gini coefficient), and low financial sector development, as indicated by low or nonexistent market capitalization as a percent of GDP and low domestic credit by banks as a percent of GDP, characterize banana republics. GDP and per capita income growth are lower in countries with a higher probability of state failure.

Higher political risks increase the country’s risk premiums, leading to lower foreign direct investment when the sovereign credit rating is downgraded by Moody’s, Standard & Poor’s, or Fitch. High inflation and local currency depreciation are associated with political instability. Unstable countries are havens for all forms of crimes committed by police, intelligence services, national defense forces, gangs and goons, terrorism, money laundering, etc. Weakening of Governance, Justice, Law and Order Sector (GJLOS) and diversion of taxpayers’ money through corruption or national security budget ’’crowding out’’ both CAPEX infrastructure development and social spending budgets is common in failed governments.

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Africa’s Governance Challenges Exacerbated by Military Coups

The 2014-2023 data from the Mo Ibrahim Index of African Governance (IIAG) show that Africa improved by only one percent to post an overall governance score of 49.3 in 2023, across security and rule of law, participation, rights and inclusion, and Foundations for economic opportunity and human development.

Seychelles had the highest governance score at 75.3% while Mauritius was second at 72.8%. Guinea’s governance score tumbled by–0.3% to 41.9% following the 2021 military coup by Mamady Doumbouya. South Sudan deteriorated by –ve 0.8% to posit the lowest governance score in Africa of 19% due to civil wars.

Mali’s overall governance score fell by 4.6% to 43.2% after the 2021 military coup led by Colonel Assimi Goïta. Burkina Faso’s overall governance score regressed by 3.9% to 51% following the 2022 military takeover under Ibrahim Traoré. DRC contracted by –ve2.5% to a low of 32.8%. Niger’s governance score regressed by–2.5% to 47.9% following the 2023 military coup led by Abdourahamane Tchiani.

Africa’s Actual and Perceived Political Risk

The Political Risk Services (PRS) International Country Risk Guide (ICRG) methodology comprises twelve components of political risk assessment. Government stability is a government’s ability to carry out its declared program(s) and its ability to stay in office as measured against government unity, legislative strength, and popular support. South Sudan, after the civil war, South Africa’s African National Congress (ANC), following its loss of parliamentary majority, Kenya, after the June 2024 Gen-Z protests, and the DRC, after the escalation of the Eastern DRC crisis, have adopted broad-based governments of national unity (GNU).

Socioeconomic pressures (poverty, unemployment, consumer confidence) could constrain government action or fuel social dissatisfaction. Following their loss in the 2022 elections, the Azimio Coalition in Kenya led cost-of-living protests amid high inflation and currency depreciation.

Risks to the investment profile of the country include contract viability/expropriation, profits repatriation, and payment delays. Mineral-rich countries, such as the DRC, often experience the suspension of mining contracts when new regimes take over. Kenya’s Office of the Controller of Budget (OCOB) puts public sector pending bills to private sector suppliers by the national government on 30th June 2025 at KShs. 524.84 billion and county governments at KShs. 176.80 billion. Internal conflict is assessed based on civil war/coup threat, terrorism/political violence, and civil disorder.

External conflict is assessed in terms of war, cross-border conflict, and the extent of foreign pressures. Eastern DRC civil war pits the government and its allies versus M23, while neighboring countries like Rwanda, Uganda, and Burundi have deployed their armed forces in DRC to protect their national interests. The Sudanese Armed Forces (SAF) led by General Abdel Fattah al-Burhan and the paramilitary Rapid Support Forces (RSF) led by General Mohamed Hamdan Dagalo “Hemedti” are fighting to control Sudan (Khartoum).

Corruption within the political system poses a threat to foreign investment by distorting the economic and financial environment. It reduces the efficiency of government and business by enabling individuals to assume positions of power through patronage rather than merit, and introduces an inherent instability into the political process. The 2024 Transparency International Corruption Perceptions Index (CPI) ranked six African countries among the bottom ten most corrupt out of 180 countries worldwide. South Sudan was ranked last at 180th with a score of 8%, Somalia ranked 179th with a score of 9%, Libya/Eritrea/Equatorial Guinea ranked 173rd with a score of 13%, and Sudan ranked 170th with a score of 15%.

Military participation in politics (government takeover, threat of takeover, or full-scale military regime) diminishes democratic accountability, as the military is not elected by anyone. High defense allocations may ‘crowd out’ CAPEX and social spending, leading to corruption and armed resistance.

Eight out of the 54 countries in Africa (14.8%) are ruled by military governments i.e. Burkina Faso, Chad, Gabon, Guinea, Mali, Madagascar, Niger, and Sudan. Libya has two rival governments with the the internationally recognized Government of National Unity (GNU) based in Tripoli, led by Prime Minister Abdul Hamid Dbeibeh, and the Government of National Stability (GNS) based in the east, which is supported by the House of Representatives and the Libyan National Army (LNA). African governments whose presidents once served in the military include Congo Brazzaville, Egypt, South Sudan, Rwanda, Burundi, and Uganda.

Religious tensions may arise from some groups trying to dominate governance, curtail religious freedom and replace civil law by religious. Boko Haram and Islamic State West Africa Province (ISWAP) insurgency has wrought violence, humanitarian crisis, and displacement in Nigeria, Cameroon, Chad, and Niger. Harakat al-Shabaab al-Mujāhideen is a Sunni Islamist militant and political movement based in Somalia seeking to create the Islamic Emirate of Somalia. Ethnic tensions arise from divisions on language, race, or nationality.

The institutional strength and quality of the civil service bureaucracy serve as a shock absorber, minimizing revisions to public policy when governments change. Law and order are assessed from the strength and impartiality of the legal system and the popular observance of the law. The lowest-ranked African countries in the Mo Ibrahim Index of African Governance (IIAG) security and rule of law index in 2023 are Sudan (20.2%), Eritrea (21.9%), Somalia (23.4%), and the DRC (25.3%).

Democratic accountability is a measure of how responsive a government is to its people, with less responsive governments falling peacefully in democratic societies or violently in non-democratic states. The types of political governance range from alternating democracy, dominated democracy, de facto one-party state, de jure one-party state, to autocracy. Africa’s leading democracies include Ghana, where the National Democratic Congress (NDC) and the New Patriotic Party (NPP) alternate in providing leadership. In Malawi, the Malawi Congress Party (MCP), the Democratic Progressive Party (DPP), and the Peoples Party (PPP) have alternated in producing the last three presidents.

Governments Which Emerged After the Global Gen Z Revolts

The risk of military takeover after youth unrest is real, and the consequences would be catastrophic for any nation. Countries with strong alternating multiparty democracies, governments in waiting, and shadow cabinets stand a high chance of thwarting military coups when youth protests lead to the collapse of governments. Sri Lanka’s Aragalaya protests, which took place between 15 March and 14 November 2022, over corruption, gross economic mismanagement, nepotism, and the unpopularity of the ruling family, led to the collapse of the government as the Prime Minister, President, and cabinet resigned. United National Party (UNP) Former Prime Minister Ranil Wickremesinghe was appointed Prime Minister by the president, who resigned, and later as President by parliament, till 2024, when he lost the elections to Anura Kumara Dissanayake of the non-mainstream National People’s Power (NPP) party.


Also Read: Senior U.S. Military Officials Caught on Camera Playing with Syrian President Ahmad al-Sharaa


Protests against the Kenya Finance Bill 2024, which took place between 18 June and 8 August 2024, led to the revocation of the bill, the reconstitution of the cabinet, and the formation of a broad-based government between the ruling UDA party and ODM, aimed at supporting the government’s legitimacy and stability. Bangladesh’s university students’ July Revolution over 1 July – 5 August 2024 over authoritarianism, human rights abuse, economic depression, controversial job quota system, and the July massacre led to the fall of Prime Minister Sheikh Hasina’s government, a constitutional crisis, and creation of an interim government of the highly respected 85-year-old Nobel Prize Winner Professor Muhammad Yunus of Grameen Bank.

The 2025 Nepalese Gen Z protests between 8–13 September 2025 over corruption and nepotism led to the resignation of Prime Minister K. P. Sharma Oli, the fall of the government, the dissolution of the House of Representatives, and the lifting of the social media ban, with the highly respected former chief justice Sushila Karki serving as interim prime minister. Madagascar’s 2025 Malagasy protests between 25 September and 14 October 2025 over the high cost of living led to the dissolution of the Ntsay government. President Andry Rajoelina was exiled and impeached in a military coup d’état, with Colonel Michael Randrianirina as interim president.

Lessons for Africa from the USA and the UK

Alternating democracy governments are characterized by a government/executive that has not served more than two successive terms, free and fair elections for the legislature and executive as determined by constitution or statute, active presence of more than one political party and a viable opposition, evidence of checks and balances among the three elements of government: executive, legislative and judiciary, evidence of an independent judiciary, and evidence of the protection of personal liberties through constitutional or other legal guarantee. In the USA, Democrats/Democratic-Republicans have won 29 US presidential elections, Republicans 24, Whigs 2, and Federalists 1. In the UK, the Conservative Party has won 17 elections before 1834 and 32 more to date, for a cumulative total of 49 wins, while the Labour Party has won 11 in its history.

The current UK His Majesty’s Official Opposition (The Shadow Cabinet and Government in waiting) has 26 members of the Conservative Party. Mrs Kemi Badenoch if the Leader of HM Official Opposition, Sir Mel Stride is the Shadow Chancellor of the Exchequer, Richard Fuller is the Shadow Chief Secretary to the Treasury, Priti Patel is the Shadow Secretary of State for Foreign, Commonwealth and Development Affairs, and Chris.

Philp is the Shadow Home Secretary. Laura Trott is the Shadow Secretary of State for Education, Alex Burghart is the Shadow Chancellor of the Duchy of Lancaster, James Cartlidge is the Shadow Secretary of State for Defence, Sir James Cleverly is the Shadow Secretary of State for Housing, Communities and Local Government, Helen Whately is the Shadow Secretary of State for Work and Pensions while Andrew Griffith Shadow Secretary of State for Business and Trade.


Also Read: The Coups, The Judge and The Trial: Burkinabe Bar Pokes Fun at Chaos


Claire Coutinho is the Shadow Secretary of State for Energy Security and Net Zero, Robert Jenrick is the Shadow Secretary of State for Justice, Stuart Andrew is the Shadow Secretary of State for Health and Social Care, Nigel Huddleston is the Shadow Secretary of State for Culture, Media and Sport, Victoria Atkins is the Shadow Secretary of State for Environment, Food and Rural Affairs. Mr Richard Holden is the Shadow Secretary of State for Transport, Julia Lopez is the Shadow Secretary of State for Science, Innovation and Technology, Mims Davies is the Shadow Secretary of State for Wales, Andrew Bowie is the Shadow Secretary of State for Scotland, Alex Burghart is the Shadow Secretary of State for Northern Ireland, and Jesse Norman is the Shadow Leader of the House of Commons.

Lord True is the Shadow Leader of the House of Lords, Neil O’Brien is the Shadow Minister (Policy Renewal and Development), Rebecca Harris is the Opposition Chief Whip (Commons), and Baroness Williams of Trafford is the Shadow Chief Whip (House of Lords).

Way forward for Africa

The USA and UK meet the criteria of strong alternating multiparty democracies with governments in waiting and shadow cabinets. African countries can target to emulate these best practices by mainstreaming strong multiparty democracy, governments in waiting, and shadow cabinets to fortify against political instability and military coups.

These political miracles can lead to more stability and economic miracles as African countries target to transition low per capita income level (Below USD$1,136 per citizen per an annum), lower middle per capita income (USD$1,136 – USD$4,495), upper middle per capita income (USD$4,496 – USD$13,935) and ultimately into industrialized high per capita income states grossing over USD$13,935 per African per year.

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Political Miracles Are A Pre-Requisite For Economic Miracles.
China, Tanzania and Mozambique taking part in a joint military exercise in East Africa that is set to run until mid-August. Photo: Xinhua
Tags: Military CoupUSA

Nicasio Karani Migwi

Nicasio Karani Migwi is a specialist in banking and financial services, macroeconomics, strategic management, international business and Corporate Governance (Board Directorship). He currently works as a General Manager- Special Projects and Bank Economist - real economy & financial markets at Equity Group Holdings PLC. He did part-time lecturing for the MBA Global Strategic Management at Jomo Kenyatta University of Agriculture and Technology. His education background comprise ; PhD (Business Administration , Strategic Management) student at Jomo Kenyatta University of Agriculture and Technology ,MSc Economics of the University of Copenhagen- Denmark as a Full Danish Government Scholar, MA Banking and Finance at Sheffield Hallam University- UK as a Full Commonwealth Shared Scholarship Scheme Scholar ,BA Economics at Moi University- Kenya, Executive Education in University Business Schools (Columbia - New York USA -General Managers Leadership Program, Harvard - Boston, USA- Accion Strategic Leadership for Microfinance ,Strathmore - The Effective Director Program, Boulder Institute - Turin, Italy -Microfinance Policy). Nicasio is member of the Institute of Directors of Kenya, Economists Society of Kenya, Kenya Institute of Bankers, Kenya Institute of Management and World Economics Association.

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