European Cash Flows in Kenya
Kenya's GDP is rising, due in part to investments of the EU, the second largest trading partner with Kenya after China. This story investigates how these investments exacerbate economic inequalities and resource exploitation.
- €18,412 Budget in Euros
- 2014 Final release date
- Round winner
- 1 Location
- 6 Durations in months
Kenya's GDP is rising, due in part to investments of the EU, the second largest trading partner with Kenya after China. This story investigates how these investments exacerbate economic inequalities and resource exploitation. This, in return, counteracts development efforts. The story also examines solutions to harmonise public and private sector investments as part of a holistic foreign policy approach.
The story is broken down into three parts. The first part is a macro-level, data-driven study to map Spanish development projects and European private sector investment and returns in Kenya, starting in 2007, the year of deregulation. This is being done with support of local, Kenya-based journalists is needed, who feed data into a centralised database on European private sector land investments including agriculture and European development projects focused on natural resources and land protection.
Second, based on those data, the story unfolds through in-depth reporting on several development and private sector projects in the region where the interplay between the two types of investment has an impact on food security, climate change and equality. These case studies put a face to the data in hotspots such as Turkana, where oil interests and food sustainability priorities collide. Or in Naivasha, where workers rights and environment are crushed by corporation interests.
Finally, the story proposes solutions to promote economic growth, but not at the expense of vulnerable populations or the country's national resources. As addressing inequality becomes a central pillar of development, a data-driven analysis of financial policies, governance projects and corporate responsibility are key to meeting the Millennium Development Goals.
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