Businessafrica.net Newsletter ISSN 1563-4108
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AFRICABIZ VOL 1- ISSUE : 25
MAY 15 - JUNE 14, 2001
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Editor: Dr. Bienvenu-Magloire Quenum
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A WORD FROM THE EDITOR


Dear visitor and international investor,


We warmly welcome you, if this is your first visit to Africabiz Online - The ultimate newsletter on trading and investing in 49 sub-Saharan African countries. If you are a regular and faithful reader, welcome back.
If you are a regular and faithful reader, welcome back.

MOZAMBIQUE'S CASHEW NUT INDUSTRY COLLAPSED. WHO IS GUILTY?

Beginning of April 2001, the last (of 14) cashew nut processing units had closed shops in Mozambique. For lack of raw material. And end of April 2001, Mozambican authorities slammed an embargo on export of raw nut to India. The crisis was building up since 1994-95 when the IMF / World Bank put pressure on Mozambique to export raw nuts instead of finished processed cashew almond. Now that the financial disaster hits home and destroys the second hard currency provider to Mozambique's national budget, polemic is flaring to put all the blame on the IMF / World Bank.

This is the right opportunity to discuss about the importance of financial analysis in a company. In a report titled "The true causes behind the collapse of Mozambique's cashew nut industry" we demonstrate that the IMF / World Bank are not the only guilty ones. The guiltiest are the managers of the public companies which were in charge of Mozambique's cashew nut industry. Click here for more.

FOUR ROADS TO ASSET'S PROTECTION

One day or another you may need to protect your hard earned money, properties and global assets from former wife or former husband's greedy lawyers; or simply from the tax authorities of your home or residential country. John Robertson from OPC international reveals in this month's featured article four roads available to you to consolidate your freedom and protect your assets. Click here for more.

SWIM IN OIL AND PROSPER

Huge amounts of valuable raw material (oil containing seeds, nuts and kernels) necessary to setup a profit making oil industry in many African countries are wasted. For lack of initiative. In this issue we introduce the first delivery concerning these raw materials. They can help establish hundred to thousand of small oil processing units in many African countries' rural areas. These units will produce edible and industrial oil and generate sub-products for several other economic activities (Agribusiness, food processing, cosmetics manufacturing, chemical industry. Etc.) Click here to review the first delivery.

MIGRATE PAINLESSLY TO A NEW COMPUTER

In our "Control Your Desktop" section, we exposed our experience of migrating files / folders from a computer to another one. Click here for more and see how you can also retain all your settings and configurations if you decide to upgrade your system.

Many thanks for dropping by and see you here next month.
Dr. B.M. Quenum

Editor of AFRICABIZ
Contact Dr. Bienvenu-Magloire Quenum

BUSINESS OPPORTUNITIES IN AFRICA


EDIBLE AND INDUSTRIAL OILS AS INCOME BUILDING POWER FOR AN AFRICAN COMMUNITY


On the promotion board of ISSUE N° 24 - Click here for more - a continuation was made to the introduction of a "niche" operation based on A MULTI PURPOSE PLANT: Kenaf. KENAF could be considered as an "economic catalyst" and launching pad for the economic development of an African country's regional territory. In issues N° 20; 21 and 22 another kind of "niche" operation FREEZE-DRIED PAPAIN PRODUCTION has been extensively developed.

- This month Edible / Cooking and Industrial Oils production are on the promotion board

During a business trip to Mali, I noticed that on villages-places, traditional marketplaces - alongside the road from the Capital City Bamako to Ségou and Mopti (more than 800 km) - the soil was littered with one to two centimeters thick patches of water melon's white seeds. They have just been thrown away once the water melon is eaten. Let to rot in open air under the repetitive combination and alternative action of striking sun and night mist.

What a waste!. These seeds - if well dried up - are valuable raw material to produce edible or industrial oils. They are just wasted for lack of initiative. This wastage of raw material can also be noticed in several African countries. Mango nuts, for example, are just discarded as garbage as soon as the fresh fruit is eaten, in Mali, Guinea-Conakry, Burkina-Faso. Etc..

All this to hint on to the point that in many African countries existing raw material - as oilseeds, nut and kernels - necessary to producing oils of all kinds and generate additional economic activities (food processing, cosmetics production, paints production, glue production; etc.) and much needed economic revenues are not systematically exploited.

Indeed, an economic activity based on the production of edible and or industrial oils could be an important component of the strategic economic development planning of an emerging country as exposed on the graphic here available.

The restrictive listing of oilseeds, nuts and kernels in table below give an idea about the huge potential these raw material represent for the establishment of a prosperous edible / industrial oil industry to be integrated into a strategic development planning of any African country as here exposed:

Oil-containing seeds, nuts, kernels
(Adapted from IBG Monforts product literature)
Apricot stones
Black currant
Red pepper
Avocado nut
Jojoba
Brazil nut
Cotton seed
Coffee
Passion fruit
Bilberry
Cocoa
Pecan
Borage
Coriander
Pistachio
Stinging nettle
Caraway seed
Rape seed
Beech nut
Pumpkin seed
Castor bean
Cashew nut
Mace
Mustard seed
Copra
Corn seed
Sesame seed
Safflower
Macadamia nut
Soybean
Groundnut
Almonds
Sunflower seed
Rubber seed
Poppy
Tomato seed
Hemp
Evening primrose
Walnut
Hazelnut
Neem seed
Citrus seed
Raspberry
Niger seed
Water melon seed
Elderberry
Palm kernel
Mango nut

This table and much more on small scale oil processing available here

The industrial processing of these various oilseeds, nuts and kernels can be implemented either on a Large scale industrial basis or through the establishment of hundred to thousand Small-scale oilseed processing units scattered all over an African country's regional territory. The latest option being labor intensive will help solving the high jobless level in African countries' rural areas.

In AFRICABIZ next issue N° 26 - June 15-July 14, 2001 - we will discuss further this important "economic catalyst" activity which - if well planned and implemented - could help an African country establish a strong industrial base to manufacturing soap, cosmetics, food products, detergents, paints and even substitutes to petroleum-based lubricants and fuels.

The above shortly listed additional sub-products show clearly that the establishment of an oil industry based on nuts, kernels and oil-containing seeds is a perfect "Income Building Power" operation; labor intensive and foreign currency provider or saver. Capable of generating the "Synergetic Impact Factor" here available

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