Africans-Stop-Being-Poor
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AFRICABIZ ONLINE SYNOPSIS RSS FEED
Trading And Investing In & Out Africa

ISSUE 32- VOL 1
DECEMBER 15, 2001 - JANUARY 14, 2002

Dr. Bienvenu-Magloire Quenum
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Welcome to AFRICABIZ, Please scrolldown to see more

Welcome to Africabiz Online Synopsis RSS Feed edition. Previous issue available at this link.

Dear faithful reader,

In this issue, we continue the series about Sorghum, a "Life Saver" according to a Chinese saying - introduced here, with a ingress into the very important energy problem which the majority of sub-Saharan African countries are struggling with, in their quest for a better living conditions for the populations.

Due to the skyrocketing price of crude oil since more than two years running, sub-Saharan African countries are having more and more difficulties to allocating the necessary financial means to the development of their economy. Their scarce financial means are burnt away into purchasing of petroleum products.

This very sad situation is not going to be resolved for the better if measures are not taken to setup alternatives to fossil energy to powering the development of the economy.

In current delivery of AFRICABIZ ONLINE MONTHLY ISSUE an introduction is made to Ethanol / bio-fuel as an alternative to fossil energy. And here, below in the Business Opportunities section, a brief study is exposed concerning the savings a landlocked country such as Burkina-Faso could harvest from the implementation of an alternative energy strategy to fossil based fuel.

In the near future we are planning to dedicating a paper to the energy problem in Africa.

HAPPY AND SUCCESSFUL BUSINESS YEAR 2002

The first year of the new century is gone. Time is passing by very quickly! AFRICABIZ team wishes you all and your loves ones a very festive Xmas 2001 and a successful business year for 2002.


"CONTRIBUTOR'S GUIDELINES" are available here. You are invited to contribute to AFRICABIZ ONLINE MONTHLY ISSUE - with articles related to "How Africa Could Bridge The Developing Gap".

Many thanks for subscribing to Africabiz. See you here next month on January 15, 2002.

Dr. B.M. Quenum
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More on Ethanol / biofuel


Business Opportunities

ETHANOL / BIO-FUEL PRODUCTION AS FOREIGN EXCHANGE SAVING ECONOMIC ACTIVITY FOR OIL DEPRIVED AFRICAN COUNTRIES

According to The World Oil Markets / International Energy Outlook 2001 Report - available here - Oil demand in Africa is projected to grow at an average annual rate of 3.6 percent, from 2.5 million barrels per day in 1999 to 5.4 million barrels per day in 2020.

Crude oil prices remained above US $ 25 per barrel in nominal terms for most of 2000 and have been near US $ 30 per barrel in the early months of 2001. And in this December 2001, it is fluctuating between US $ 20 and US $ 25.

Prices were influenced by the disciplined adherence to announced cutbacks in production by members of the Organization of Petroleum Exporting Countries (OPEC). OPEC's successful market management strategy was an attempt to avoid a repeat of the ultra-low oil price environment of 1998 and early 1999.

So one could reasonably assume that OPEC's members and non members are going to stick to the successful market regulating strategy; and therefore the price of Crude Oil will remain near to US $ 25 per barrel (159 liters) for many years running.

That is to say that the demand for crude oil / gasoline is going to continue to exerting - for the two current decades of the 21 Th. century - heavy drain / burden on the meager national budgets of most sub-Saharan African countries. These countries will be "burning away" a very big slice of their scarce financial means into purchasing crude oil. And what is "burnt away" will not be available to sustaining the economic growth rate beyond the double-digit growth range as here extensively exposed.

However there are hopefully alternative scenarios to avoiding the drastic drain of financial means into purchasing and burning away crude oil.

One of the more efficient scenario is to setup a program of renewable energy - Ethanol as bio-fuel - to powering the growth of the economy. In AFRICABIZ ONLINE MONTHLY ISSUE here available an extensive introductory ingress had been made to covering the matter.

Assuming that such a program to producing ethanol as bio-fuel is implemented by Burkina-Faso - a landlocked Western African country - let's review and quickly evaluate the resulting economic benefits for the country.

-1-Figures exposed in this Table related to costs production of bio-fuel from different feedstocks lead us to adopt the selling price of one liter of ethanol / bio-fuel equal to US $ 0.624

In table below are reported the average percentage growth rate of petroleum products' consumption in Burkina-Faso:

AVERAGE OF PERCENTAGE GROWTH RATE OF PETROLEUM PRODUCTS CONSUMPTION IN BURKINA-FASO OVER 36 YEARS RUNNING
Source:
click here
Gasoline 3.60
White petroleum 3.78
Diesel / Gasohol 3.57
Fuel oil 3.3
Butane Gas4.39

- 2- Based on figures above mentioned Table below lists the evolution of petroleum products' consumption (butane gas excluded) - in metric tons x 1,000 - for 10 years running starting from year 2000 - (Years 2000 / 2010 figures compounded from year 1999 figure available here.)

Years20002001200220032004200520062007200820092010
Metric tons x 1,000284294305315326338350363376389403

- 3- The current global selling price per metric ton of petroleum product in Burkina-Faso is in the range of US $ : 870. As explained in point 1 above the selling price of ethanol / bio-fuel will be in the range of US $ 624 per metric ton.

- 4 -The total cost for Burkina-Faso's consumers to purchasing various kinds of petroleum based fuel products is reported in table below as follows:

a) US $ x 1,000,000 - line 2 for pure petroleum products;
b) US $ x 1,000,000 - line 3 for the portion of petroleum products blended 50 / 50 with ethanol / bio-fuel;
c) US $ x 1,000,000 - line 4 for the portion of Ethanol / Bio-fuel blended with petroleum product
d) US $ x 1,000,000 - line 6: Saving resulting from blending 50 / 50 Ethanol bio-fuel with petroleum products.

1Years20002001200220032004200520062007200820092010
2Pure Petroleum 247256265274284294305316327338351
350 / 50 Blending Petroleum124128133137142147153158164169175
450 / 50 Blending Ethanol / Bio-fuel89929598102105109113117121126
5Total : Line 3 + Line 4213220228235244252262271281290301
6Gains : Line 5 - Line 23436373940424345464850

The following formula gives the forecasted savings to be expected for a certain blending ratio and for a given year consumption base:

(Price of petroleum products) - (Price of Ethanol / Bio-fuel) x (Annual metric tons / consumption of pure petroleum products) x (Blending percentage of ethanol / bio-fuel)

This means that the more lowest the price of Ethanol / bio-fuel and highest the percentage of blending ethanol / bio-fuel, the more important the resulting savings. See this table for various costs of production based on different feedstocks.

Using above formulation - for year 2010 - the evolution of the savings (In US $ x 1,000,000) versus a scenario of different blending ratios is reported in following table and graphic (Year 2010 consumption = 403,000 metric tons):

% of Ethanol / Bio-fuel102030405060708090
Savings9.919.829.739.649.659.569.479.389.2

- 5 - In addition to foreign exchange savings, the following non-comprehensive benefits could be listed for the sustained development of Burkina-Faso's economy:

- Development and use of locally-produced, renewable fuel, and reduction of demand for imported petroleum.

- Boosting of local agriculture productions and additional markets and revenues to farmers; leading consequently to the increase of rural folks purchasing power as here extensively exposed.

- Beneficial environmental impact through the usage of organic municipal solid waste materials to generating a higher value end-product.

- Low level of carbon dioxide emitted by motor engines and then preservation of the quality of the atmosphere. Etc.


More on bio-fuel / Ethanol


Control Your Desktop

HOW TO MIGRATE YOUR FILES AND SETTINGS FROM YOUR OLD WINDOWS 9x COMPUTER TO A BRAND NEW WINDOWS XP ONE

Windows XP is now preinstalled on the majority of new computers available on the marketplace; and many of those who waited patiently - like me - to upgrade their hardware are now facing the problem of how to salvage and transfer their Window 9x files and settings to the new brand computer equipped with Windows XP.

To address the migration's problems Microsoft has included a new utility in Windows XP (A merger of Window 2000 and Windows ME).

The utility "Files and Settings Transfer Wizard" is capable of smoothly moving most commonly used settings, such as bookmarks, Word documents, wallpaper, and more from your old computer to your new one.

On the new machine, you run the wizard and select the transferring mode for the files. The wizard can act automatically and requires only that you do not operate another application on both computers till the transfer is terminated.

There are other possibilities to perform the migration with dedicated software such as DesktopDNA from Miramar.com and Personality TranXport from Tranxition.com


More on files and settings migration


Freebie Of The Month

USE AN OVERALL BUSINESS OPERATIONS MANAGEMENT TOOL


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Employee Scheduling, Ordering, Sales, Refunds and Charges, Invoicing, Appointment Scheduling, Room Allocation, Birthday and Anniversary Reminders, Promotional Mailers and Discounts, Multilevel Reporting, Maintenance Control, Built in Web Browser, Gift Certificate Facilities, Dual-Point Referral System, Inventory Control, Database Management Tools, Synchronization, Security Protocols, Payment Tender and Transaction Ledger, Event Monitoring, Open Day and End-of-Day Bookkeeping.

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Remark: Utilities and functions such as word processor, integrated browser, multiple-users, AutoUpdater, database synchronization and Guidance tool are not included in the Free Lite Version.

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