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AFRICABIZ
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editor@africabiz.org
IN
THIS ISSUE:
1- Words
from the editorial desk.
2- Business
opportunities throughout Africa.
3- Free
advertisement at BusinessAfrica.net free ads site.
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1- WORDS FROM AFRICABIZ EDITORIAL DESK:
Dear international investor,
We at AFRICABIZ, are committed
to deliver to you, month after month,
concise and precise news and information
about:
a- Political climate in sub-Saharan African countries.
b-
Selected opportunities available for investment and trade in said countries.
Our deliveries will focus, primarily, on African countries with stable internal
political climate favorable to investments.
However, countries experiencing
political turmoil and social unrest shall
not be neglected; they do have -
most of them - plenty of natural resources
which are assets for a better future
once prevailing chaos wades out and gives
place to common sense and responsibility
among the ruling circles.
News and information related to infrastructures,
mining, agribusiness, energy and
telecommunications sectors will be highlighted;
investment figures and
gross profit evaluation posted on adequate section
(West-Africa, East-Africa,
Southern-Africa, and Central-Africa) of the permanent
on-line
edition of AFRICABIZ:
http://africabiz.org
In order to help
you make first contact in respective countries; get in touch
with people responsible
for supervision and implementation of said projects,
contact information will
be mentioned about private local entrepreneurs
involved; government officers
and decision makers in charge of managing
said projects / opportunities.
In brief, AFRICABIZ will mobilize
all its skills to deliver to you
more than the basics inputs necessary in
helping you evaluate at first hand
the profit making potential of business
opportunities available throughout Africa.
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2-BUSINESS OPPORTUNITIES THROUGHOUT AFRICA:
2-1-WEST-AFRICA GAS PIPELINE PROJECT (WAGP):
A mega-project, devised four years ago, between the governments of Benin,
Ghana, Nigeria and Togo; national and international companies, to deliver
natural gas to power-stations and industries in the four countries, is finally
taking shape. At its completion, it will secure energy supply to these countries
for three decades. Amount of investment for installation of 1,000 kilometers
of pipeline and correlated infrastructures - from Nigeria to terminus Ghana -
is estimated at US$: 1.8 billions. Phase two will start soon for initial
engineering
and environmental issues. The coordination is under
the supervision of CHEVRON
OVERSEAS INC. In addition to the initial
investment of US$: 1.8 billions,
hefty additional investments will be
needed to upgrade and improve equipment
and efficiency of national
utilities companies involved.
There
are investment and financing opportunities not to be missed!
Click the following link for contact information:
/africabiz/ezine/wa/lightswaf.php
2-2- BUSINESSES FOR SALE IN THE REPUBLIC OF CAMEROON
-
CENTRAL AFRICA:
In order to restructure the national economy and abide to the World Bank
and
International Monetary Fund recommendations, the government of the
Republic
of Cameroon is selling its stakes in many companies operating
in agribusiness,
insurance, telecommunications, utilities and banking sectors.
The
crown-jewels among these companies for sale is the Cameroon
Development Corporation (CDC) owned at 100% by the government.
CDC is a huge agribusiness conglomerate active in the
production of tea,
rubber, palm
oil, banana.
Its turnover for 1998
fiscal year was US$: 69,000,000.
The other companies
for sale are also worth considering. They have
an intrinsic potential to generate
two digits profit growth if they
are operated under a dynamic and efficient
management.
Contact for information:
Mr. Bassaro AMINOU
President
of the Commission in charge of the privatization
34, Rue de Mfoundi, Yaoundé
Cameroon
Tel:+(237) 239750
Fax:+(237) 235108
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6- AFRICABIZ
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AFRICABIZ
Published by
Dr. Quenum & Associates / BUSINESSAFRICA™
http://businessafrica.net
EDITOR
Dr. Bienvenu-Magloire Quenum
![]()
editor@africabiz.org
Editorial
coordinator / Webmaster
Sarah-Baï Quenum.
tenders@tenders.businessafrica.net
Dr. Quenum & Associates International Contact:
Mr. Khalid Thomas / President
Dynamic Group Ltd / BUSINESSAFRICA™
P.O. Box 991225
Cleveland, OH 44199
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AFRICABIZ, Copyright 1999 by BusinessAfrica Co. May be reproduced for noncommercial purposes as long as attribution is given.
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