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Submitted by Johnson Kilangi on

Thank you for the insightful piece which is an eye opener especially for emerging economies.
The biggest risk facing developing economies like Kenya in East Africa is that it takes several years to reach a financial close such that the project is thrown to another political regime. This is a big risk as the new regime might not be keen to take up the project. I think going forward it is important for Transaction advisors to ringfence the project against political changes and turmoils to ensure success.