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Jon Springer
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I write about emerging and frontier markets in Asia. I now primarily contribute work to Forbes Asia. My most recent work and my complete bio can be found on Forbes Asia's site: http://www.forbes.com/sites/jonspringer/ If it is easier, you can find my recent work sorted by country on this... More
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  • East & Sub-Saharan Africa Investing Blog 307 comments
    Dec 23, 2012 12:53 PM | about stocks: AFK, FM, FRN

    This blog is nascent. I don't know when I'll travel to East Africa, though I have been in the past to Kenya, Tanzania, & Mozambique.

    I've also been to South Africa, Zimbabwe & Zambia.

    Matthew Wood of Garrison Capital has mentioned he has an oil & gas project going in Madagascar.

    Namibia is supposed to have a bright outlook.

    I don't know much investing about these regions.

    Who does?

    Jan Schalkwijk (Africa)

    Ryan Hoover (Africa) (good investor bible of Sub-Saharan mutual funds and ETFs by Ryan here, as noted by Schumpeter_1)

    Investing Africa (Ryan Hoover's off-site blog) (free)

    Mutale Mubanga (Africa; based in Zambia)

    Kenyan Investor

    Evaluate Energy wrote this good article about Namibia

    John Polomny has investments there

    Harris Kupperman (on Seeking Alpha) and of the free blog Adventures In Capitalism has spent time there and blogged about it (Mozambique, Zimbabwe, Namibia, etc - go to the site and look it up)

    A high quality reader inspired me to start this blog with an e-mail which said:

    "If you might be interested in creating an East African blog sometime in the future, I can share some interesting ideas I've read about Kenya in particular. Here is a sample.
    An African City Has The Fastest-Growing Luxury Real Estate Prices On The Planet
    The main investment thesis for East Africa includes:
    1. It has a great deal of natural resources, especially oil and gas, many of them have been recently discovered.
    2. It is on that side of the continent facing the teeming millions in India and China.
    3. The northern reaches of East Africa are not that far away from the main trans- global shipping lanes which the Somali pirates are trying to interfere with in vain.
    4. The United States is increasing its involvement in the region.
    Lord's Resistance Army Disarmament and Northern Uganda Recovery Act
    By East Africa, I mean that swath of territory encompassing Uganda, South Sudan, Ethiopia, Djibouti and Puntland in the north extending southward to include Mozambique and Madagascar."

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Comments (307)
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  • Valley Boy
    , contributor
    Comments (2192) | Send Message
     
    It seems to be time for we in the West to update our thinking about SubSaharan Africa in the general sense.
    SubSaharan Africa is becoming more businesslike.
    http://bit.ly/U5DLa9
    SubSaharan Africa is using technological advances to enable prosperity.
    http://read.bi/12ukCAK
    SubSaharan Africa's coasts will probably receive the most investment flows given their global positions. The western coasts face European and American business centers. The eastern coasts face the teeming markets of India and China.
    16 Dec 2012, 06:30 PM Reply Like
  • Valley Boy
    , contributor
    Comments (2192) | Send Message
     
    Here is a fresh analysis of Sub- Saharan Africa.
    http://seekingalpha.co...
    28 Dec 2012, 01:22 PM Reply Like
  • Valley Boy
    , contributor
    Comments (2192) | Send Message
     
    One way to investigate any of the African countries is to check with our State Department. They have background information regarding the overall economic and political health of each country from their point of view.
    http://1.usa.gov/WZQxJY
    28 Dec 2012, 01:26 PM Reply Like
  • Valley Boy
    , contributor
    Comments (2192) | Send Message
     
    There are more foreign investors a more favorable look at Sub- Saharan Africa despite numerous problems.
    http://read.bi/WZWV3Q
    http://bit.ly/YqdvFD
    http://bit.ly/WZWXIZ
    http://bit.ly/YqdvFG
    28 Dec 2012, 01:54 PM Reply Like
  • Valley Boy
    , contributor
    Comments (2192) | Send Message
     
    China invests heavily in Africa for its raw materials.
    http://read.bi/Yqek0Y
    http://read.bi/UyktdJ
    28 Dec 2012, 01:58 PM Reply Like
  • Valley Boy
    , contributor
    Comments (2192) | Send Message
     
    Here are some perspectives about Sub- Saharan Africa having a happier new year in 2013.
    http://bit.ly/VvDYk1
    http://bit.ly/U1TDwn
    31 Dec 2012, 08:43 PM Reply Like
  • Valley Boy
    , contributor
    Comments (2192) | Send Message
     
    Sub- Saharan Africa is attracting a redeployment of Arabian oil profits.
    http://reut.rs/UHvt7U
    2 Jan 2013, 11:01 PM Reply Like
  • Valley Boy
    , contributor
    Comments (2192) | Send Message
     
    Stanford University has a compilation of Sub- Saharan business news sources.
    http://stanford.io/Ru4Ovt
    2 Jan 2013, 11:19 PM Reply Like
  • Valley Boy
    , contributor
    Comments (2192) | Send Message
     
    Brazil and Sub- Saharan Africa are gradually increasing their commercial links across the Atlantic.
    http://bit.ly/VwzDxr
    3 Jan 2013, 12:11 AM Reply Like
  • Valley Boy
    , contributor
    Comments (2192) | Send Message
     
    New cogeneration energy projects are being built across the continent.
    http://cogen.unep.org
    3 Jan 2013, 12:02 PM Reply Like
  • Valley Boy
    , contributor
    Comments (2192) | Send Message
     
    India is increasing its investment efforts in Africa. India contributes technological skill, Africa offers access to raw materials, basically for now, but as time goes on, they will trade finished goods with each other.
    http://bit.ly/YYpH0B
    http://bit.ly/131dDAt
    3 Jan 2013, 12:10 PM Reply Like
  • Valley Boy
    , contributor
    Comments (2192) | Send Message
     
    About a third of Africa's trade is with their former European colonial partners. The Europeans are keen on keeping their market share with the Africans if they can. They will probably have to offer more favorable trade deals to the Africans for the foreseeable future.
    http://reut.rs/Tz5rDR
    http://bit.ly/Vl8uOi
    3 Jan 2013, 12:25 PM Reply Like
  • Valley Boy
    , contributor
    Comments (2192) | Send Message
     
    There is an global index of global economic competitiveness by country. African rankings are examined at this link.
    http://bit.ly/ZtVNGp
    A surprise showing was made by Rwanda, an inland country soon to be connected to the ocean by a new railroad.
    6 Jan 2013, 04:59 PM Reply Like
  • Valley Boy
    , contributor
    Comments (2192) | Send Message
     
    A list of the most capitalized stocks for Sub- Saharan Africa has recently been tabulated.
    http://bit.ly/1165RWL
    6 Jan 2013, 05:47 PM Reply Like
  • Valley Boy
    , contributor
    Comments (2192) | Send Message
     
    A large collection of mining companies working in Africa appear in this Mining Indaba trade show listing of exhibitors.
    http://bit.ly/119MX0V;alpha=@
    MineAfrica also has an enormous amount of information on the African mining scene.
    http://bit.ly/VP39hr
    7 Jan 2013, 07:29 PM Reply Like
  • Valley Boy
    , contributor
    Comments (2192) | Send Message
     
    The Sub- Saharan banking sector is an important participant in Sub- Saharan Africa's economic resurgence. They are telling the world about Africa's potential and actual financial performance with explanatory articles and statistics.
    http://econ.st/UWKnaj
    http://bit.ly/13iSPUn
    http://bit.ly/UWKnak
    9 Jan 2013, 01:35 PM Reply Like
  • Valley Boy
    , contributor
    Comments (2192) | Send Message
     
    The African Export-Import Bank facilitates many of the trading transactions taking place between African countries and beyond to the other continents. Some of the trading relationships can be studied from reading their reports.
    http://bit.ly/VL1Hjf
    http://preview.tinyurl...
    9 Jan 2013, 01:48 PM Reply Like
  • Valley Boy
    , contributor
    Comments (2192) | Send Message
     
    Uranium is usually sought after from the nations with nuclear power plants in a steady way. There has been a price reduction for this commodity since the Japanese disaster a couple of years ago.
    http://bit.ly/USMMpd
    http://bit.ly/WH5VED
    Sub- Saharan Africa can potentially supply much of the uranium the world needs. Niger is the country in the region most noted for its uranium supplies.
    http://bit.ly/VOb3c2
    http://bit.ly/13l9Iyw
    11 Jan 2013, 12:10 AM Reply Like
  • Valley Boy
    , contributor
    Comments (2192) | Send Message
     
    Africa has a lot of comings and goings at its ports. One can get a sense of Africa's maritime activity by checking in on this link.
    http://bit.ly/ZR5uPx
    11 Jan 2013, 04:10 PM Reply Like
  • Valley Boy
    , contributor
    Comments (2192) | Send Message
     
    Common themes on Sub- Saharan Africa's problems, potential and progress can be determined by viewing the agendas and issues at various regional summit meetings between the countries.
    http://www.au.int/en
    http://preview.tinyurl...
    http://bit.ly/VvOX0o
    http://bit.ly/WZrGAx
    http://bit.ly/VvOZW7
    http://bit.ly/WLssjQ
    11 Jan 2013, 09:19 PM Reply Like
  • Valley Boy
    , contributor
    Comments (2192) | Send Message
     
    America's economic involvement with Sub- Saharan Africa has steadily increased over the past decades. Much of it consisted of direct aid and assistance through various organizations and agencies.
    http://www.adf.gov
    Trading increased more substantially after the passage of the African Growth and Opportunity Act of 2000. The act gave more impetus to more direct trading initiatives and high level discussions.
    http://1.usa.gov/TS2Kxb
    http://export.gov/africa
    http://1.usa.gov/XtYuDK
    Some of the trade meetings are reverse trade missions whereby American experts explain industrial and commercial processes to visiting African delegations in the United States.
    http://1.usa.gov/TS2LkT
    http://1.usa.gov/XtYx2s
    12 Jan 2013, 05:26 PM Reply Like
  • Valley Boy
    , contributor
    Comments (2192) | Send Message
     
    The view on Sub- Sahara Africa from The White House:
    http://1.usa.gov/UVfySt
    12 Jan 2013, 07:43 PM Reply Like
  • Valley Boy
    , contributor
    Comments (2192) | Send Message
     
    The American trade and investment framework agreements have encouraged business development in Africa with both Americans and Africans profiting from the diplomatic arrangements.
    http://1.usa.gov/UfksK3
    Partly in consequence, a number of forums for business networking opportunities have proliferated, probably too many to mention. Here is a sampling:
    http://bit.ly/ZVvTvz
    http://preview.tinyurl...
    http://bit.ly/UfkrG3
    http://bit.ly/UfksK7
    http://bit.ly/ZVvVmW
    http://bit.ly/WPFqgu
    Here is an excellent source for keeping track of the various organizations and their respective events:
    http://bit.ly/UfkrWm
    12 Jan 2013, 09:26 PM Reply Like
  • Valley Boy
    , contributor
    Comments (2192) | Send Message
     
    Korea is increasing its trading interests in Sub- Saharan Africa. Korea is primarily concerned about acquiring raw materials because they are short of those. Africa gains Korean technical knowledge and products.
    http://bit.ly/V1AICi
    http://reut.rs/VVpECg
    http://bit.ly/V1AICk
    12 Jan 2013, 10:12 PM Reply Like
  • Valley Boy
    , contributor
    Comments (2192) | Send Message
     
    Many of Africa's development news stories can be followed at the African Development Bank Group.
    http://bit.ly/VXiNIA
    13 Jan 2013, 12:55 PM Reply Like
  • Valley Boy
    , contributor
    Comments (2192) | Send Message
     
    Africa is looking forward to a greater rate of development in the near future while dealing with the old frustrations and some new ones.
    http://bit.ly/VTspUn
    There are quite a number of institutional reports on Africa's progress. Here are some examples:
    http://stanford.io/Y3HBnu
    http://www.nepad.org
    http://bit.ly/Y3HBny
    http://bit.ly/X5KHkK
    http://bit.ly/Y3HEzH
    13 Jan 2013, 01:30 PM Reply Like
  • Valley Boy
    , contributor
    Comments (2192) | Send Message
     
    Turkey has been making inroads into the African investment scene for the past several years.
    http://bit.ly/XwGfO3
    http://bit.ly/11twKUI
    Business between Turkey and Africa is solidified by a series of conferences and country partnerships.
    http://bit.ly/XwGfO7
    http://bit.ly/11twIvQ
    http://bit.ly/Y3KLre
    http://bit.ly/11twIvS
    13 Jan 2013, 05:59 PM Reply Like
  • Valley Boy
    , contributor
    Comments (2192) | Send Message
     
    There are conflicting reports about the durability of iron ore prices coming out of a recessionary period. Chinese demand is the main demand factor with booms and busts. Supplies will probably increase from Africa and other iron ore rich regions. The African iron ore scene can be detailed at these links.
    http://bit.ly/UY8MeG
    http://bit.ly/ZZWYO6
    South Africa is the country with the most iron ore in Sub- Saharan Africa.
    http://preview.tinyurl...
    14 Jan 2013, 01:23 AM Reply Like
  • Valley Boy
    , contributor
    Comments (2192) | Send Message
     
    Nickel is mostly viewed to be in a rough balance between supply and demand across the globe. Sub- Saharan Africa is a promising region to look for new supplies of nickel. South Africa is the largest producer in the region. Botswana and Madagascar also have generous supplies of nickel.
    http://bit.ly/13AtF3B
    http://bloom.bg/108713M
    http://bit.ly/13AtDZq
    http://bit.ly/108713N
    15 Jan 2013, 04:58 PM Reply Like
  • Valley Boy
    , contributor
    Comments (2192) | Send Message
     
    Africa has a rich bedrock geology, basically formed into cratons and orogens like the rest of the world. Africa can count on its rich geology as a basis of support for its mining industry for many decades to come.
    http://bit.ly/Xc7GdP
    http://bit.ly/VhHotl
    http://preview.tinyurl...
    http://bit.ly/Xc7GdR
    15 Jan 2013, 06:37 PM Reply Like
  • Valley Boy
    , contributor
    Comments (2192) | Send Message
     
    One key to future Sub- Saharan prosperity will have to be the reduction of disease prevalence across Africa. New hospitals and clinics have to be built. More doctors and nurses need to be available for the patient load. Sanitary projects need to be constructed. The modern communication technologies will foster more health education among the populace as time goes by.
    Some progress on improving health is being made here and there but the news indicates any progress is not easy to come by.
    http://preview.tinyurl...
    http://bit.ly/10KR7xA
    http://bit.ly/Vi9TG9
    http://bit.ly/10KR9FB
    20 Jan 2013, 09:05 PM Reply Like
  • Valley Boy
    , contributor
    Comments (2192) | Send Message
     
    Promoting economic diversification, building critical infrastructure projects and developing human talent for Sub- Saharan Africa are the prime topics for discussion amongst top regional business leaders.
    http://bit.ly/13WxekR
    21 Jan 2013, 12:14 AM Reply Like
  • Valley Boy
    , contributor
    Comments (2192) | Send Message
     
    African business progress will require increased managerial talent.
    http://bit.ly/TbogPB
    21 Jan 2013, 02:42 PM Reply Like
  • Valley Boy
    , contributor
    Comments (2192) | Send Message
     
    More managerial talent will oversee improvements in finance, technological innovation, infrastructure, trading networks and economic growth.
    http://bit.ly/10EN93U
    http://bit.ly/YqIhU1
    http://bit.ly/10EN9ka
    http://bit.ly/YqIhU4
    http://bit.ly/10EN9kd
    24 Jan 2013, 06:07 PM Reply Like
  • Valley Boy
    , contributor
    Comments (2192) | Send Message
     
    The African Renaissance is gaining more attention, discussion and analysis.
    http://bit.ly/W76Q60
    This economic phenomenon is being looked at by the U.S. Congress, the Senate Subcommittee on African Affairs and the Congressional Black Caucus Foundation in particular.
    http://1.usa.gov/14mGAq9
    http://bit.ly/W76Ov9
    26 Jan 2013, 03:17 PM Reply Like
  • Valley Boy
    , contributor
    Comments (2192) | Send Message
     
    More books are being published about the African Renaissance. A search using that term for books and periodicals will bring up dozens of examples.
    26 Jan 2013, 03:21 PM Reply Like
  • Valley Boy
    , contributor
    Comments (2192) | Send Message
     
    Australia is another country taking more of an interest in Sub- Saharan Africa. Australia's trade with the continent is growing. Many African students are in Australia gaining technical and practical knowledge to help their countries. Mineral rich Australia is an important participant in the Sub- Saharan mining industry. Since Australia is not particularly oil rich, any oil obtained from the Sub- Saharan countries is important to them.
    http://bit.ly/10YPAD2
    http://bit.ly/Y7J3S4
    http://bit.ly/10YPAD6
    http://bit.ly/Y7Jj3v
    26 Jan 2013, 09:11 PM Reply Like
  • Valley Boy
    , contributor
    Comments (2192) | Send Message
     
    The economic renaissance is gaining strength with more international trade, investment and financing.
    http://bit.ly/W8W0wh
    http://bit.ly/Y9pCIG
    http://bit.ly/W8W0wi
    http://bit.ly/Y9pEju
    27 Jan 2013, 12:06 PM Reply Like
  • Valley Boy
    , contributor
    Comments (2192) | Send Message
     
    With Sub- Saharan Africa reaching for success, the United States is now able to increase its exports to the region.
    http://1.usa.gov/Wq787A
    http://1.usa.gov/XEAV8T
    http://1.usa.gov/Wq787C
    http://bit.ly/XEAV8V
    27 Jan 2013, 12:22 PM Reply Like
  • Valley Boy
    , contributor
    Comments (2192) | Send Message
     
    South Africa has built its economy over many decades due to its strategic location on the oceanic shipping lanes and rich mineral deposits located inland from its ports. The country has been instrumental in participating in the Sub- Saharan economic renaissance through a series of trading initiatives. Trade agreements, economic integration across national borders and trade promotion by various groups have reinforced South Africa's economic ties with the rest of the continent.
    http://bit.ly/Y9w8PC
    http://bit.ly/110NALr
    http://bit.ly/Y9w7Lp
    http://bit.ly/110NCDh
    http://bit.ly/Y9w7Lt
    South Africa has tended to serve a hub for funneling outside investment to the rest of Sub- Saharan Africa for quite some time. But it now has plenty of competition from the rest of the world wanting to strengthen their own trade with Sub- Saharan Africa.
    http://buswk.co/110NALx
    http://bit.ly/Y9w8PF
    27 Jan 2013, 12:59 PM Reply Like
  • Valley Boy
    , contributor
    Comments (2192) | Send Message
     
    Increasing industrialization with more steel production is one of the key factors of the Sub- Saharan economic renaissance. South Africa followed by Nigeria are the largest steel producers. Several other countries have been working for their own healthy steel sectors for a number of years.
    http://bit.ly/N0e71a
    http://bit.ly/WvjvfA
    http://bit.ly/WvjxUI
    http://www.saisi.co.za
    http://www.sassda.co.za
    http://nmdcnigeria.org
    27 Jan 2013, 01:51 PM Reply Like
  • Valley Boy
    , contributor
    Comments (2192) | Send Message
     
    South Africa mines the most iron ore in Sub- Saharan Africa in concert with its steel production. The West African region is determined to become a large producer of iron ore, too.
    http://bit.ly/Yxv9fU
    http://bit.ly/UY8MeG
    http://bit.ly/Yxv7EV
    http://bit.ly/XKnQeS
    27 Jan 2013, 02:38 PM Reply Like
  • Valley Boy
    , contributor
    Comments (2192) | Send Message
     
    Bauxite mining and aluminum production make up a large part of the Sub- Saharan industrial renaissance. Ghana has the most bauxite ores. South Africa and Nigeria take care of most of the aluminum smelting.
    http://bit.ly/VqxxEq
    http://bit.ly/XENn8G
    http://bit.ly/VqxxEs
    http://bit.ly/XENpgO
    http://bit.ly/XENn8K
    27 Jan 2013, 03:17 PM Reply Like
  • Valley Boy
    , contributor
    Comments (2192) | Send Message
     
    Russia has been rekindling its interest in Sub- Saharan Africa in recent years. It is sharing its expertise in aluminum smelting and oil and gas production in particular. Since Russia is a huge country with plenty of natural resources of its own, it will be interesting to see how well it trades with Sub- Saharan Africa, the home of many natural resources.
    http://preview.tinyurl...
    http://bbc.in/WGybJH
    http://bit.ly/WGybJJ
    http://bit.ly/XEVwtI
    27 Jan 2013, 05:11 PM Reply Like
  • Wexboy
    , contributor
    Comments (139) | Send Message
     
    http://bit.ly/1135zBa

     

    Believe this is an excellent book - if you search, I think 1/2 bloggers have commented on it/reviewed it.

     

    Sure you can find it on Amazon (UK?) too.
    28 Jan 2013, 01:52 PM Reply Like
  • Valley Boy
    , contributor
    Comments (2192) | Send Message
     
    Japan is a wealthy country raising its economic sights in Sub- Saharan Africa. Since Japan doesn't have much in the way of natural resources, Sub- Saharan Africa is offering some of their natural resource abundance for trading with them. Japan contributes technical knowledge, trading and shipping expertise and hard currency for infrastructure development, agricultural improvements, construction of health facilities and various efforts done from grants.
    http://preview.tinyurl...
    http://bit.ly/XIXUj9
    http://bit.ly/14tWi3O
    http://preview.tinyurl...
    http://bit.ly/XIXUjb
    29 Jan 2013, 11:38 PM Reply Like
  • Valley Boy
    , contributor
    Comments (2192) | Send Message
     
    Africa has a lot of potential to develop renewable energy industries and projects. North Africa has the most potential for solar power. Sub- Saharan Africa has great prospects for many different kinds of renewable energy either large- scale or small- scale.
    http://bit.ly/WVspnJ
    http://bit.ly/Tho7sL
    http://preview.tinyurl...
    There are a number of energy industry conferences devoted to the topic of new renewable supplies, perhaps too many to mention because the renewable energy discussions are mixed in along with the carbon- based and electrical energy conferences. Here are a few examples:
    http://bit.ly/WVspnM
    http://bit.ly/Tho7Jb
    http://bit.ly/WVspnV
    http://bit.ly/YmbFXJ
    31 Jan 2013, 04:02 PM Reply Like
  • Valley Boy
    , contributor
    Comments (2192) | Send Message
     
    Sub- Saharan Africa's oil and gas sector is on the upswing with many potentially lucrative fields located just a few years ago. Nigeria, a member of OPEC, has been the largest oil and gas producer for many years. Many other countries hope to achieve similar production results in coming years.
    http://bit.ly/WEgFoB
    http://bit.ly/UHq4hB
    http://bit.ly/WEgFoD
    News about Sub- Saharan Africa's oil and gas sector is expanding at a rapid rate as the situation becomes better known. The news mentioned in this blog entry is only a small sampling of what is now available.
    http://bit.ly/UHq4hD
    http://bit.ly/WEgFoE
    http://bit.ly/UHq6WK
    31 Jan 2013, 07:09 PM Reply Like
  • Valley Boy
    , contributor
    Comments (2192) | Send Message
     
    Fresh water in Africa is sometimes thought to be more valuable than oil. Africa needs water treatment plants, pipelines, storage facilities, purification, recycling, desalination and ground water extraction. Private industry might get more involved in the water sector as the countries gain some wealth.
    http://bit.ly/WEn8zP
    http://read.bi/116Jfp5
    http://bit.ly/WEn6In
    31 Jan 2013, 08:15 PM Reply Like
  • Valley Boy
    , contributor
    Comments (2192) | Send Message
     
    There are thick tropical forests in the better watered areas in Sub- Saharan Africa, mostly in the equatorial regions. The timber industry is small compared to other tropical regions in the world such as Brazil and Indonesia. Timber production remains a bit tricky in the tropical regions because conservation of the rainforests is vital to the health of the local economies and habitats. Forest plantations cover extensive areas of South Africa and Zimbabwe.
    http://bit.ly/12dyL7Q
    http://bit.ly/Vre55c
    http://bit.ly/12dyL7S
    http://bit.ly/Vre3Kr
    http://bit.ly/12dyLoa
    http://bit.ly/Vre5lq
    31 Jan 2013, 09:11 PM Reply Like
  • Valley Boy
    , contributor
    Comments (2192) | Send Message
     
    Farming can thrive across much of Sub- Saharan Africa where there is enough water directed to crops. An agricultural revolution is underway across the continent resulting in improved crop yields. There is some concern that if too much food is raised for export there won't be enough left over to bring the cost of food down for the benefit of domestic consumption.
    http://bit.ly/U5fOBW
    http://aatf-africa.org
    http://preview.tinyurl...
    http://preview.tinyurl...
    http://bit.ly/Xbls06
    31 Jan 2013, 09:56 PM Reply Like
  • Valley Boy
    , contributor
    Comments (2192) | Send Message
     
    Improvements in transportation linkages and communications networks with assist industries such as agriculture in moving their output to market. Progress in being made on infrastructure development across Sub- Saharan Africa with each passing year.
    http://www.icafrica.org
    http://bit.ly/TiRuec
    http://preview.tinyurl...
    http://bit.ly/VyevZl
    http://bit.ly/TiRsmH
    http://bit.ly/Vyewwv
    http://telecomafrica.org
    31 Jan 2013, 10:52 PM Reply Like
  • Valley Boy
    , contributor
    Comments (2192) | Send Message
     
    Population growth in Sub- Saharan Africa has mostly gravitated toward the cities during the last century. The cities have attracted rural dwellers in search for a better economic life. Many of the cities are now undergoing redevelopment in attempts to mitigate unhealthy living conditions, inefficient transport and rampant unemployment. Most of the business investments are directed toward the cities.
    http://bit.ly/WN02dy
    http://bit.ly/VRygLI
    http://bit.ly/WN03OO
    http://bit.ly/WN02dz
    5 Feb 2013, 04:28 PM Reply Like
  • Valley Boy
    , contributor
    Comments (2192) | Send Message
     
    The larger cities handle the most air traffic between Sub- Saharan Africa and the other continents. The airports have grown and modernized with the growth of the cities. Progress is being made in improving air travel and air transport across Sub- Saharan Africa.
    http://bit.ly/YBnQQC
    http://bit.ly/WNailY
    http://bit.ly/YBnQQD
    http://bit.ly/WNaim0
    5 Feb 2013, 05:49 PM Reply Like
  • Valley Boy
    , contributor
    Comments (2192) | Send Message
     
    Poverty is pervasive across Sub- Saharan Africa. It is probably most noticeable in the cities where slums cover the landscape. If the African Renaissance continues to gain traction in coming years, the rates of poverty should decline.
    http://bit.ly/YBuVAE
    http://bit.ly/VHljaw
    http://bit.ly/YBuVAK
    5 Feb 2013, 06:38 PM Reply Like
  • Valley Boy
    , contributor
    Comments (2192) | Send Message
     
    The high levels of sovereign debt are one major cause of poverty among the nations of Sub- Saharan Africa. Some progress has been made during the last decade on alleviating the debt crisis with some governmental assistance. The HIPC Initiative is perhaps the most effective government debt program. The fresh prosperity generated from the economic workings of the African Renaissance
    will hopefully produce lower debt burdens in the future.
    http://bit.ly/12repYS
    http://bit.ly/WuiCpx
    http://afrodad.org

     

    5 Feb 2013, 06:57 PM Reply Like
  • Valley Boy
    , contributor
    Comments (2192) | Send Message
     
    Corruption tends to spread poverty by re- routing the natural, legal flow of monetary transactions. There are ongoing efforts to corruption across Sub- Saharan Africa. Those efforts might have a chance for greater success so long as the countries continue to work on effective governance.
    http://bit.ly/WumM0y
    http://bit.ly/12rhfNx
    http://bit.ly/WumJBZ
    http://1.usa.gov/12rhdFj
    5 Feb 2013, 07:18 PM Reply Like
  • Valley Boy
    , contributor
    Comments (2192) | Send Message
     
    It was mentioned in an earlier entry that the wealthy Arabian Gulf countries are re- directing investments into poverty- stricken areas of Sub- Saharan Africa. The Gulf countries have small amounts of fresh water and farmland. They also have a desire to diversify their economies into manufacturing and away from complete dependence on oil and gas production. Sub- Saharan Africa can provide them with food and various raw materials for manufacturing.
    http://bit.ly/VCuOCC
    http://bit.ly/12rodC7
    http://gaic.kcorp.net
    http://preview.tinyurl...
    5 Feb 2013, 08:10 PM Reply Like
  • Valley Boy
    , contributor
    Comments (2192) | Send Message
     
    Britain is pushing for more trade with its former colonies and other countries in Sub- Saharan Africa. More trade will assist Britain's economy as well as Africa's economy.
    http://bit.ly/14D76Mn
    http://bit.ly/VHKXMs
    The UK Trade and Investment agency mentions many conferences meant for stimulating British- African trade.
    http://preview.tinyurl...
    http://bit.ly/14D772B
    http://bit.ly/VHKXMu
    6 Feb 2013, 12:06 AM Reply Like
  • Valley Boy
    , contributor
    Comments (2192) | Send Message
     
    Canada is heavily involved with Sub- Saharan resource industries.
    http://bit.ly/WPfPsv
    http://bit.ly/14EvVY7
    Canada is working on increasing its trade and assistance with Sub- Saharan African countries. Canada might be at its best with providing food and technical assistance while the Sub- Saharan African nations may prove to be a reliable market for Canadian manufactured products as they become more prosperous over time.
    http://www.caipa.ca
    http://bit.ly/WPfQN0
    http://bit.ly/14EvVY9
    http://ccafrica.ca
    http://bit.ly/WPfPIN
    6 Feb 2013, 02:59 PM Reply Like
  • Valley Boy
    , contributor
    Comments (2192) | Send Message
     
    We are reminded by our new Secretary of State that China is heavily invested in Africa.
    http://bit.ly/WPkuun
    As was mentioned before, China invests in Africa for its raw materials in particular. China is motivated to feed its millions of people and gain access to raw materials to support its manufacturing sector. China is therefore interested in Sub- Saharan arable land and productive mining districts. China is working on building infrastructure across Sub- Saharan Africa with emphasis given to building new railroads and rehabilitating the older ones. The railroads will provide access to the farms and mines from the port cities. Sub- Saharan Africa gains with the infrastructure building and having a demanding market for its exportable goods.
    http://bit.ly/VEydAJ
    http://www.sinogate.org
    http://bit.ly/WPkuup
    6 Feb 2013, 03:40 PM Reply Like
  • Valley Boy
    , contributor
    Comments (2192) | Send Message
     
    The countries trading with Sub- Saharan Africa will always be interested in the continent's treasure trove of rare, minor and critical metals, precious metals, diamonds and gemstones. The Sub- Saharan Africa countries have to trade these scarce commodities in a careful way if they are to realize their proper economic value.
    A glimpse at the rare metals:
    http://bit.ly/tcxj2q
    http://bit.ly/VJs77y
    http://bit.ly/XWWv8O
    http://bit.ly/VJs8sd
    http://bit.ly/XWWv8S
    A glimpse at the precious metals:
    http://bit.ly/VJs8sg
    http://bit.ly/XWWvp6
    http://bit.ly/VJs77C
    http://bit.ly/XWWvp8
    http://bit.ly/VJs8sj
    A glimpse at diamonds:
    http://bit.ly/VJs77E
    http://preview.tinyurl...
    http://preview.tinyurl...
    A glimpse at the gems:
    http://on.doi.gov/XWWvFT
    http://bit.ly/VJs77G
    Trading these precious items are often fraught with danger and controversy.
    http://bit.ly/XWWvFV
    http://bit.ly/VJs8Ix
    7 Feb 2013, 03:58 AM Reply Like
  • Valley Boy
    , contributor
    Comments (2192) | Send Message
     
    Copper is often mined in areas associated with gold deposits. Consequently, copper can be found in Sub- Saharan Africa in generous amounts. The Copperbelt of Zambia and Katanga has historically been the region with the most prolific copper output. Since the price of copper is usually directly correlated with global economic growth, any such growth is good news for the copper producing areas of Sub- Saharan Africa.
    http://bit.ly/TA2SAx
    http://bit.ly/YHEONl
    http://bit.ly/12xbFch
    http://bit.ly/YHEQF5
    7 Feb 2013, 05:35 PM Reply Like
  • Valley Boy
    , contributor
    Comments (2192) | Send Message
     
    Investors can find a tremendous amount of information about the African business scene by searching the phrase "African business news" on the internet. There are many African publications catering to African business readers.
    Investors can search for many leads on companies doing business in Africa by using the search name "Africa" in the search boxes for the stock exchanges located in the United States, Canada and Europe.
    Investors can check with the chamber of commerce for African related business ideas.
    http://bit.ly/YIwU6m
    Investors can check with any of the stock exchanges located in Africa to get a good idea of business being done in the various countries.
    http://bit.ly/TSfjtN
    Investors might decide that is simply easier to do business with an African related exchange traded fund, a closed end fund, an index fund or a mutual fund found in the listings on the major financial news websites. Or perhaps a depositary receipt found in http://www.adr.com will fit an African related investment objective.
    8 Feb 2013, 12:49 AM Reply Like
  • Valley Boy
    , contributor
    Comments (2192) | Send Message
     
    It might be a little difficult now to decide which Sub- Saharan African economic sector will reap the greatest rewards for an American investor. The economic situation there is burgeoning with potential, making some headway against the age- old problems of hunger and poverty. The situation will gain more clarity in the coming years.
    Perhaps it might be the oil and gas and mining sectors.
    http://bit.ly/11tOksL
    http://bit.ly/14GXGzj
    Maybe it might be the logistics, shipping and rail sectors.
    http://bit.ly/11tOlgy
    http://bit.ly/14GXGzl
    http://bit.ly/11tOlwM
    Or maybe it will be the urban renewal, real estate, banking and finance, marketing and trading sectors.
    http://bit.ly/14GXFLS
    http://bit.ly/11tOlwN
    http://bit.ly/14GXGzn
    http://bit.ly/11tOlwP
    It could be the education, health care and technology sectors.
    http://bit.ly/14GXGzr
    http://bit.ly/11tOksP
    http://bit.ly/14GXGzt
    Or it might be the agriculture, tourism and forestry sectors.
    http://bit.ly/14GXFLU
    http://bit.ly/11tOksR
    http://bit.ly/14GXFLV
    8 Feb 2013, 01:18 AM Reply Like
  • Valley Boy
    , contributor
    Comments (2192) | Send Message
     
    So what might an ordinary American investor make of the African Renaissance?
    The phenomenon appears strong enough at this point in time to provide for a lively market of trading, investing, importing and exporting. If it continues to gain momentum, it will feel as natural in a few years to talk about Emerging Africa as it is now commonplace to talk about Emerging Asia or anyplace else.
    It will need more strength and universality to fight the famous problems of disease, hunger, poverty and despair. Extraordinary efforts, both public and private, are being made to tackle those challenges. It is hoped that they turn out to be very successful.
    http://bit.ly/TSz0l7
    8 Feb 2013, 02:40 AM Reply Like
  • Schumpeter_1
    , contributor
    Comments (211) | Send Message
     
    I like that adr.com tool. Thanks !
    8 Feb 2013, 10:50 AM Reply Like
  • Valley Boy
    , contributor
    Comments (2192) | Send Message
     
    You are welcome, Schumpeter_1.
    And thanks go to you for mentioning Ryan Hoover's helpful African investment resources article linked at the top of this blog. I'll re- link it here as a reminder for any reader making progress going through this rather extensive blog.
    http://seekingalpha.co...
    9 Feb 2013, 01:01 PM Reply Like
  • Valley Boy
    , contributor
    Comments (2192) | Send Message
     
    Robert Roach shares some interesting stories about Sub- Saharan investing.
    http://bit.ly/X18d6i
    11 Feb 2013, 10:57 PM Reply Like
  • Valley Boy
    , contributor
    Comments (2192) | Send Message
     
    An update is provided here about America's Doing Business in Africa campaign. It will be interesting to see if the campaign achieves great success in American and African business development in tandem with Africa's economic aspirations.
    http://preview.tinyurl...
    2 Mar 2013, 06:14 PM Reply Like
  • Valley Boy
    , contributor
    Comments (2192) | Send Message
     
    As Americans gradually become more familiar about doing business in Africa or otherwise investing in it, attending a trade show devoted to that topic seems to be in order. Chicago will host a trade show about Africa in October.
    http://preview.tinyurl...
    http://africacncl.org
    3 Mar 2013, 11:10 PM Reply Like
  • Valley Boy
    , contributor
    Comments (2192) | Send Message
     
    More knowledge about Sub- Saharan Africa's stock exchanges and financial networks should help foreigners appraise the continent's economic potential.
    http://bit.ly/11lsKX4
    http://bit.ly/YZVX5Y
    http://bit.ly/11lsN56
    Africans give the view that their stock exchanges will grow smartly in the next several years as they gain financial savvy.
    http://bit.ly/YZVX60
    http://bit.ly/11lsN58
    http://bit.ly/YZVX61
    20 Mar 2013, 10:55 PM Reply Like
  • Valley Boy
    , contributor
    Comments (2192) | Send Message
     
    Watch for more countries investing in Sub- Saharan Africa as time goes by. Malaysia is definitely interested in pursuing investments there.
    http://preview.tinyurl...
    http://preview.tinyurl...
    http://preview.tinyurl...
    28 Mar 2013, 12:57 PM Reply Like
  • Valley Boy
    , contributor
    Comments (2192) | Send Message
     
    New compilations of information are being published as the evidence for Africa's resources and economic value accumulate. One such product is a new soils atlas of Africa which will be helpful in determining how best to increase the value of the agricultural sector.
    http://bit.ly/Ya9VoQ
    26 Apr 2013, 05:11 PM Reply Like
  • Valley Boy
    , contributor
    Comments (2192) | Send Message
     
    More trade deals might include debt cancellation agreements in the future. If so, that will enable the African countries to obtain more economic advantages through trading.
    http://oran.ge/ZyoBwG
    7 Jun 2013, 01:19 PM Reply Like
  • Valley Boy
    , contributor
    Comments (2192) | Send Message
     
    Here's a new map and explanation of Africa's ecosystems; click on "Full Text PDF" for details.
    http://bit.ly/14S6LGI
    23 Jun 2013, 11:17 PM Reply Like
  • Schumpeter_1
    , contributor
    Comments (211) | Send Message
     
    Is the private sector to blame for cargo sitting for so long in African ports?
    http://bit.ly/13h8qH7
    29 Jun 2013, 06:51 PM Reply Like
  • Valley Boy
    , contributor
    Comments (2192) | Send Message
     
    A new American initiative is underway to support power development in Sub Saharan Africa.
    http://1.usa.gov/14ATIbZ
    7 Jul 2013, 02:29 PM Reply Like
  • Valley Boy
    , contributor
    Comments (2192) | Send Message
     
    The International Monetary Fund has come out with a new economic study on Sub- Saharan Africa.
    http://seekingalpha.co...
    1 Nov 2013, 02:17 AM Reply Like
  • Valley Boy
    , contributor
    Comments (2192) | Send Message
     
    An update on the African oil situation seems timely now that the oil price is becoming more volatile.
    http://bit.ly/1t717in
    4 Jul, 06:07 PM Reply Like
  • Valley Boy
    , contributor
    Comments (2192) | Send Message
     
    The continuing Canadian trade with Africa looks likely to expand.
    http://bit.ly/1oaUtQb
    http://bit.ly/1oaUvHB
    5 Jul, 08:16 PM Reply Like
  • Valley Boy
    , contributor
    Comments (2192) | Send Message
     
    More American efforts are underway to increase Africa's electrical power production. Africa can concentrate on its business potential including its stock markets with the availability of more electricity.
    http://1.usa.gov/1qUGoO7
    http://1.usa.gov/1qUGoO8
    http://1.usa.gov/1qUGmG2
    Power is no doubt one of the topics being discussed at the leadership summit and at business conferences.
    http://1.usa.gov/1qUGoOb
    http://bit.ly/1qUGp4o
    4 Aug, 06:30 PM Reply Like
  • Valley Boy
    , contributor
    Comments (2192) | Send Message
     
    Regarding the coasts, posing the question:
    Which coastal city and- or coastal strips have a good chance to act as Africa's trading window to the rest of the world given the circumstances? To put it another way, which coastal stretch has a good chance to be the next Cape Town?
    Kenya, one of the many coastal nations, has ambitions to act as the economic hub for most of East Africa. It looks like they have a decent chance to fill that role according to some interesting research I've come across.
    17 Dec 2012, 11:28 AM Reply Like
  • Jon Springer
    , contributor
    Comments (4152) | Send Message
     
    Author’s reply » Top 10 African ports... most are on the east coast: http://bit.ly/VM145g

     

    Suez Canal (before the revolution) is/was actually Egypt's biggest contributor to GDP

     

    Mombassa in Kenya, Dar Es Salaam in Tanzania and Beira in Mozambique seem to be the contenders you're talking about.

     

    Mombassa is medium: http://bit.ly/R24Lqm

     

    Dar is large: http://bit.ly/VM145j

     

    Beira is medium: http://bit.ly/R24JyZ

     

    Seems like Dar Es Salaam is the leader in the club house... what do you know otherwise?

     

    (By the way... Zanzibar off the coast of Dar makes for a nice few days of holiday...)
    17 Dec 2012, 11:38 AM Reply Like
  • Valley Boy
    , contributor
    Comments (2192) | Send Message
     
    The Handbook from the Kenya Ports Authority has a section devoted to how they will expand the Port of Mombasa.
    http://bit.ly/XBzIjr
    17 Dec 2012, 07:47 PM Reply Like
  • Schumpeter_1
    , contributor
    Comments (211) | Send Message
     
    In that sense, it is very unfortunate that Portek International has been delisted and acquired by Mitsui. They were a nice stock to play ports in Gabon, Algeria and a dryport in Rwanda. It seem that ICTSI also has a port terminal in Madagascar. But that is only one African terminal of the many port terminals both ICTSI has.

     

    Likewise for DP World with operations in Djibouti, Mozambique, Senegal, Algeria and South Africa.

     

    http://bit.ly/T6uEUK

     

    http://bit.ly/R4tCKc
    19 Dec 2012, 03:29 AM Reply Like
  • Schumpeter_1
    , contributor
    Comments (211) | Send Message
     
    By the way, I do not know whether somebody already has it noticed, but APM Terminals, one of the largest port operators in Africa, CURRENTLY operates port terminals solely in West Africa => nine ports in eight West African countries http://bit.ly/R4vi6o

     

    Although it already has inland service operations in 12 countries from East Africa (including Kenya, Uganda and Tanzania, as well as parts of Congo and Zambia)

     

    It eyes Mombassa for their expansion into East Africa, i.e. expansion in port terminals. Logistics Container Centre Mombasa (LCCM), part of APM Terminals Inland Services, already is in operation since 1997.
    19 Dec 2012, 03:55 AM Reply Like
  • Schumpeter_1
    , contributor
    Comments (211) | Send Message
     
    Other investable ideas: Bolloré Africa Logistics (a pure play listed in Cameroon)

     

    OR

     

    Groupe Bolloré SA ( 94% shareholder of Bolloré Africa Logistics)
    main listing at Euronext (Paris) , but also US-listed on the Pink Sheets (BOIVF.PK).

     

    50 years of experience in Africa and plans for African logistics to expand to Ethiopia.

     

    Barron's on Bolloré SA:
    "An investment in Bolloré is a bet on France's Warren Buffett....[..] The 60-year old CEO generates most of the headlines for agitating for change at staid companies, but Bolloré is a well-run business whose activities span transport and logistics, fuel distribution, technology, and media. [..].
    Its profitable transport and logistics operations, which account for more than 50% of revenue, are concentrated in Africa and encompass everything from ports to railways and trucking. That makes Bolloré a play on Africa's enormous growth potential."

     

    http://bit.ly/UL7bH8
    (Full text without subscription: http://bit.ly/12oK1N6 )

     

    Operations of Bollore Africa Logistics.
    http://bit.ly/UL7bHf

     

    What seekingalpha writes on Bollore.
    http://bit.ly/VPfilM

     

    Bollore Africa Logistics stock info:
    http://bloom.bg/UL7bHl
    http://bit.ly/12oK3od

     

    Financial Times'article
    http://on.ft.com/ULaiig
    19 Dec 2012, 04:55 AM Reply Like
  • Jon Springer
    , contributor
    Comments (4152) | Send Message
     
    Author’s reply » Thanks Schumpeter_1

     

    Uncle Scrooge has now been added to the Frontier Markets Authors page: http://bit.ly/ULc4jC

     

    I am reading everything you guys are putting here.
    19 Dec 2012, 05:19 AM Reply Like
  • Schumpeter_1
    , contributor
    Comments (211) | Send Message
     
    The "94% ownership" seems to be false, but I cannot find the right one. However, it is still a very, very large majority shareholder with a controlling stake. (As can be confirmed from Groupe Bolloré SA's marketing expressions on which the African Logical operations are always most predominant.)

     

    For those who are familiar with Uganda. It recently acquired SDV Transami. In addition, Bolloré Africa is going to support the oil companies with real estate solutions . http://bit.ly/T6HPos
    19 Dec 2012, 05:44 AM Reply Like
  • Schumpeter_1
    , contributor
    Comments (211) | Send Message
     
    SDV Transami (not acquired, but rebranded by Bolloré) :
    http://bit.ly/T7jgJs
    http://bit.ly/TyfnMe

     

    => Operations in Kenya, Uganda, Tanzania, Rwanda, Rwanda, Burundi and Sudan.

     

    Customers include well-known MNC's: http://bit.ly/TyeHXh

     

    Off record, some other trucks which I found often along the road in Uganda (building a tarmac road to Rwanda): SBI International Holdings AG, i.e. a Swiss listed construction company:

     

    http://bit.ly/TyhkrZ
    http://www.sbi-ag.ch
    19 Dec 2012, 06:40 AM Reply Like
  • Valley Boy
    , contributor
    Comments (2192) | Send Message
     
    One of the more thought provoking items you shared, Jon, in my opinion, is the global map of shipping routes portrayed by volume in your article on Sri Lanka's economic outlook.
    http://seekingalpha.co...
    While Kenya is not right on the beaten path of trans- global shipping, it is not too far way from it. It's developing its ports to tap into that traffic. Kenya also has a huge resource rich hinterland of neighboring landlocked countries with potential items for trade going through Kenyan ports to the outside world. Kenya's geographic position must be one of the investment criteria taken into account by the business community.
    http://bit.ly/ZQiEMd
    http://1.usa.gov/12AJlmV
    19 Dec 2012, 04:06 PM Reply Like
  • Schumpeter_1
    , contributor
    Comments (211) | Send Message
     
    A very diversified, non-commodity, 100% pure play on sub-sahara listed in London: Lonrho.

     

    http://bit.ly/V8A8f1

     

    Could be a niece way to play Mozambique (and Angola).
    Operations mainly ride the commodity wave, i.e. the firm's most considerable investments are in Congo, Zimbabwe, Equatorial Guinea, Angola and Mozambique.

     

    Includes majority ownership in FastJet, a low cost airline backed by EasyJet's Stelios: http://bit.ly/YmxeKR
    19 Dec 2012, 07:04 PM Reply Like
  • Schumpeter_1
    , contributor
    Comments (211) | Send Message
     
    More on operations Bollore Africa Logistics:
    http://bit.ly/U0KFMr
    8 Jan 2013, 09:26 AM Reply Like
  • Schumpeter_1
    , contributor
    Comments (211) | Send Message
     
    Off topic, Portek seals papua New Guinea deal:
    http://bit.ly/Y7g2TX
    12 Feb 2013, 03:17 PM Reply Like
  • Valley Boy
    , contributor
    Comments (2192) | Send Message
     
    Singapore's shipping industry is in a good position to really thrive in the years ahead partly because the more undeveloped countries within Singapore's easy reach are keen on developing their economies. Papua New Guinea is one example to Singapore's east. Eastern and Southern Africa provide other examples to Singapore's west.
    http://preview.tinyurl...
    12 Feb 2013, 03:44 PM Reply Like
  • MSE.Investor
    , contributor
    Comments (92) | Send Message
     
    I am no expert in Africa but I have some knowledge about Bolloré-Rivaud as I have been holding some of the stocks for +20 / 25 years.

     

    First, at this point there is NO PURE PLAY on Africa listed in the group. It' scattered all over the place between ODET-BOL-PTER-CBDG-ART... (all listed in Paris).
    The Socfinal part (Fabri) is mostly related to SE Asia.

     

    FORE, while one of the tiniest is one the purest play.

     

    Bolloré-Rivaud is BY FEW MILES the ultimate example of cross-holding, result of the combination of Bolloré + group Rivaud, both extremely complex examples of cross-holdings, French style.

     

    Vincent Bolloré has been grabbing bits and pieces of the float on all those firms with tiny float (some as low as 2 or 3%)...but holders are hard core FANS who knows he is very good at making money, so unlikely to sell. "Sorry Monsieur Bolloré, respect you too much to sell my shares in all the above".

     

    The good news for you is that last year a bunch of small things happened and over the last few months something, on the surface minor, but of CRITICAL important happened, so we could expect SERIOUS CHANGES in the structure of the group this year....which means that at some point, African-trading activities could listed in a new company within 2-3 years.
    For now, in my opinion, you best hope to gain exposure to Bolloré's African business (big picture) is Bolloré, or cheaper smarter but less liquid, Odet!.

     

    Disclaimer:
    I hold shares in: PTER, CBDG, ARTO, MONC, FORE, MLTRA, MLCVG.
    16 Mar 2013, 08:42 PM Reply Like
  • MSE.Investor
    , contributor
    Comments (92) | Send Message
     
    Because of the magnificent cross-holding, putting a valuation on any of those firms is a FANTAISY for now, but that will be improving in the coming months-years.
    16 Mar 2013, 08:42 PM Reply Like
  • Schumpeter_1
    , contributor
    Comments (211) | Send Message
     
    Interesting things you are saying.
    Can you elaborate somewhat more on [the] "last few months something, on the surface minor, but of CRITICAL important happened, so we could expect SERIOUS CHANGES in the structure of the group this year....which means that at some point, African-trading activities could listed in a new company within 2-3 years." ?
    Perhaps a few links ?

     

    Do you expect that " Bollore Africa Logistics" which already has it's own listing in West-Africa, will undergo an IPO overseas ?

     

    Interesting stocks you are mentioning. I thought there was also a separate (Luxembourg) listing of the African business by Socfin: Socfinaf ?
    17 Mar 2013, 07:07 AM Reply Like
  • Schumpeter_1
    , contributor
    Comments (211) | Send Message
     
    By the way, what do you exactly mean by "at this point there is NO PURE PLAY on Africa listed in the group. It' scattered all over the place" ?

     

    That Bollore (=comprised of many holdings in small companies) does not have any business which is a 100% exposure to Africa ?

     

    Hope to see you more often at SA.
    17 Mar 2013, 07:26 AM Reply Like
  • MSE.Investor
    , contributor
    Comments (92) | Send Message
     
    The cross-holding between the different Bollore entities make it just impossible to value.

     

    http://bit.ly/131cQCn

     

    Have a look at the list of listed entities and their shareholders and you will the problem.
    What happened in june 2012, nov 2012 and feb 2013 are technical points that could help to merge ODET and BOL without Vincent Bolloré going below 50% of the merged entity, ignoring cross-holding.
    I don't think there is a more complex cross-holding structure in the world so decoding the move on this chess board for years has turned into an art :)
    So time may move faster.
    Will see once the 2012 financials are announced (next week ) what happens!

     

    Under the same entities, you find ANYTHING, Africa-trading as well as HAVAS, VIVENDI, ITALIANS BANKS, LI BATTERIES AND BLUE CAR....plus all the small stuff left of over from Rivaud ...and I forget many.

     

    Even FORE that controls Sitarail I think owns a critical piece of one of the key holding, making the valuation a headache.

     

    Socfinal-Socfinasia-So... controlled by H Fabri which is a partner of VB but VB is only a minority shareholder there.
    Socfinaf is about Kenya if I remember, marginal in comparing to the trading business of VB in Africa.

     

    Socfin was listed in Belgium and Luxembourg and has been delisted (split between VB and HF).

     

    ANYWAY, I think the activity on many of those VB entities are for those (maniacs or fans) following VB for 20-30 years a hard evidence something is changing, with his sons getting more in charge, simplification of the structures per type of business in order to raise equity thanks to high valuations of "pure plays".

     

    If I am not mistaken, within 9m-12m, it should be clearer.

     

    My cup of coffee is Mongolia (my exposure to the local market is at par with my exposure to the VB companies), not Africa which I think is a 50 years shooting range while Mongolia should deliver much more within 10.
    17 Mar 2013, 08:25 AM Reply Like
  • Valley Boy
    , contributor
    Comments (2192) | Send Message
     
    Some East African countries have a good chance to become emerging economies in ten years depending on circumstances. The coastal countries of Kenya, Tanzania, Mozambique and Djibouti will have much better trading links to the inland hinterland countries in several years. Djibouti, Somaliland and Puntland are right on the main shipping lanes between the Suez Canal and Singapore. Ethiopia, Uganda and Rwanda are growing at a fast clip right now despite their landlocked positions. Both the coastal countries and the inland countries are expected to continue their economic booms as the trading and communications infrastructures get built and as economies become more diversified and integrated.
    East Africa has the advantage of being that side of the continent facing the richer, resource hungry countries of Turkey, the Gulf States, India, China, Japan, Taiwan and Korea. Australia invests a lot in East Africa, too.
    East Africa is an interesting investment destination.
    17 Mar 2013, 11:17 AM Reply Like
  • Valley Boy
    , contributor
    Comments (2192) | Send Message
     
    The eastern half of Africa is taking some constructive steps to bolster their economies through trade and regional integration despite the common roadblocks. Eastern Africa will become even more interesting when more trading links get built and established.
    http://bit.ly/Z2Acma
    http://comesaria.org
    http://bit.ly/11nMWaY
    21 Mar 2013, 11:27 AM Reply Like
  • Schumpeter_1
    , contributor
    Comments (211) | Send Message
     
    FastJet among biggest risers at London opening = new routes

     

    http://bit.ly/11ZZiQt

     

    And Lonrho among holdings by best and most well-known Dutch asset management company :
    http://bit.ly/11ZZiQv
    14 Jun 2013, 04:48 AM Reply Like
  • Schumpeter_1
    , contributor
    Comments (211) | Send Message
     
    Lonrho delisted, Swiss billionaire buy out

     

    The Guardian:
    http://bit.ly/19RVLux

     

    Reuters:
    http://reut.rs/14J4Xkd

     

    Financial Times' look in Lonrho's 100 year history:
    http://on.ft.com/14ddGHT
    30 Aug 2013, 03:44 AM Reply Like
  • Schumpeter_1
    , contributor
    Comments (211) | Send Message
     
    Meaning that of the original London and Rhodesian Mining and Land Company Ltd. (Lonrho), founded in 1909, only (notorious) Lonmin and Lonzim remain.

     

    Lonzim, nowadays called Cambria Africa, is a U.K. listed investment holding company. It is a perfect diversified, non-commodity play on resource rich Zimbabwe, whch currently has plans to expand to Zambia.

     

    http://bit.ly/14M3nOL
    http://bit.ly/14M3nON

     

    Strategy:
    http://bit.ly/14M3nOO
    http://bit.ly/1a886P2

     

    http://bloom.bg/14M3o52
    31 Aug 2013, 04:25 AM Reply Like
  • Schumpeter_1
    , contributor
    Comments (211) | Send Message
     
    More on playing Angola via non-energy related stocks:
    http://bloom.bg/1aEn7SV

     

    Millicom enters eastern DRC Kivu province:
    250,000 new customers in less than 3 months
    http://bit.ly/1aEn7SY
    22 Oct 2013, 02:09 PM Reply Like
  • Schumpeter_1
    , contributor
    Comments (211) | Send Message
     
    Eritrea's Communications Disconnect
    (Businessweek; June 26, 2014)

     

    http://buswk.co/1pLdRKb

     

    Tanzanians Overtakes Kenyans As Top Mobile Money Users: http://bit.ly/1s1Z6j7
    3 Jul, 06:17 AM Reply Like
  • Valley Boy
    , contributor
    Comments (2192) | Send Message
     
    Kenya already has a major port at Mombasa servicing the country's trade with the rest of the world.
    http://bit.ly/12kl4Cq
    Kenya is now working on developing a new corridor connecting neighboring countries with Lamu, another Kenyan port. The corridor will consist of a highway, oil pipeline, railroad and a deepened water port. The corridor will enable the development of the dry northern half of Kenya and neighboring portions of South Sudan and Ethiopia. South Sudan is noted for its oil wealth; Ethiopia has some mineral wealth; both are concerned about their landlocked status. It is hoped that Lamu can keep its appeal to tourists with the development, however.
    http://bit.ly/XzICy3
    http://bit.ly/12kl4Cv
    17 Dec 2012, 12:07 PM Reply Like
  • Valley Boy
    , contributor
    Comments (2192) | Send Message
     
    Besides the improvements being made at the all- important seaport at Mombasa, Kenya is improving its railroad network from the port to elsewhere in the country.
    http://bit.ly/11Xzytp
    http://bit.ly/XBLSYL
    25 Jan 2013, 05:35 PM Reply Like
  • Valley Boy
    , contributor
    Comments (2192) | Send Message
     
    Roads are being improved and extended outward from the national capital of Nairobi.
    http://bit.ly/XG19IJ
    http://bit.ly/UqXv7V
    http://www.kura.go.ke
    http://bit.ly/XG1aMN
    25 Jan 2013, 05:42 PM Reply Like
  • Valley Boy
    , contributor
    Comments (2192) | Send Message
     
    Nairobi is the largest city in East Africa. The metropolitan region is thriving on new business so much so that the new city of Konza is now being built in the area. If I might hazard a guess, the growing pains will necessitate a freeway conversion of the highway going from Nairobi down the slope to Mombasa one of these years. Nairobi will need quick access to the ocean trading routes.
    http://bit.ly/14eI4Ui
    http://bit.ly/V5J48p
    http://bit.ly/14eI4Um
    http://bit.ly/V5J4Ft
    25 Jan 2013, 05:59 PM Reply Like
  • Valley Boy
    , contributor
    Comments (2192) | Send Message
     
    To build up Nairobi and work on the nation's economy and infrastructure takes a fair amount of energy. Kenya is in the process of diversifying its power resources away from hydroelectric supplies because of occasional low water levels from draw- downs and droughts. Kenya is expanding its power supplies concurrent with its other economic endeavors.
    http://www.energy.go.ke
    http://bit.ly/Vbd7M9
    http://bit.ly/10ZomML
    http://bit.ly/Vbd7Mb
    27 Jan 2013, 12:56 AM Reply Like
  • Valley Boy
    , contributor
    Comments (2192) | Send Message
     
    Kenya along with its East African neighbors is working on ways and means to create prosperity with its oil and gas reserves.
    http://read.bi/VLQDym
    http://seekingalpha.co...
    http://bit.ly/RA11On
    17 Dec 2012, 12:19 PM Reply Like
  • Valley Boy
    , contributor
    Comments (2192) | Send Message
     
    The regional oil and gas industry is apparently large enough now to hold an international exposition about its development potential.
    http://oilgas-africa.com
    5 Jan 2013, 04:28 PM Reply Like
  • Valley Boy
    , contributor
    Comments (2192) | Send Message
     
    Kenya has plans to upgrade its oil refinery, replace aging oil pipelines and construct an oil jetty to satisfy the industry's growth.
    http://bit.ly/1370uGb
    http://bit.ly/WgHCNQ
    http://bit.ly/1370whe
    5 Jan 2013, 05:33 PM Reply Like
  • Valley Boy
    , contributor
    Comments (2192) | Send Message
     
    Uganda has ambitions to refine its own oil reserves rather than to export them through the Kenyan pipelines. Development of their reserves is just getting underway.
    http://bit.ly/VrOutf
    http://bit.ly/XwAFyZ
    http://bit.ly/VrOuth
    5 Jan 2013, 05:53 PM Reply Like
  • Valley Boy
    , contributor
    Comments (2192) | Send Message
     
    There are more discussions and information about Kenya's oil industry as it becomes better known in the international news.
    http://bit.ly/W2RVZX
    http://bit.ly/10huO1c
    17 Jan 2013, 01:35 PM Reply Like
  • Valley Boy
    , contributor
    Comments (2192) | Send Message
     
    A famous frontier markets expert, Mark Mobius, has favorable things to say about Kenya.
    http://bit.ly/SFW7zR
    Some organizations offer advice on investing in Kenya-
    http://bit.ly/UDLVmw
    http://bit.ly/SFW7Qd
    http://bit.ly/UDLTeF
    including the Nairobi Securities Exchange.
    http://www.nse.co.ke
    Our State Department also issues advisories and other news.
    http://1.usa.gov/SFW6fg
    17 Dec 2012, 12:37 PM Reply Like
  • Valley Boy
    , contributor
    Comments (2192) | Send Message
     
    There should be more investment opportunities in the region as the years go by. The United States government is acting on this notion by setting up a commercial dialogue with the countries in the region.
    http://bit.ly/12kCu1L
    17 Dec 2012, 02:21 PM Reply Like
  • Valley Boy
    , contributor
    Comments (2192) | Send Message
     
    American bi-lateral trade with Kenya keeps growing.
    http://1.usa.gov/10WTXj7
    http://1.usa.gov/VcuQ3Z
    25 Jan 2013, 03:53 PM Reply Like
  • Valley Boy
    , contributor
    Comments (2192) | Send Message
     
    Kenya is right in the middle of the East African economic activities described in this blog. Kenya's trade is bound to grow for many years to come because of this central position giving it economic synergies within the region.
    http://bit.ly/V5iZ9t
    http://bit.ly/11XqaG5
    http://www.ktio.org
    http://bit.ly/V5j0Kx
    25 Jan 2013, 04:03 PM Reply Like
  • Valley Boy
    , contributor
    Comments (2192) | Send Message
     
    Kenya has a diversified economy struggling to keep up with population growth.
    http://bit.ly/11Xr6KL
    http://bit.ly/V5lgSi
    http://bit.ly/11Xr6KM
    25 Jan 2013, 04:11 PM Reply Like
  • Valley Boy
    , contributor
    Comments (2192) | Send Message
     
    Besides growing sweet potatoes and other staples, Kenya is noted for its exports of tea and coffee.
    http://bit.ly/UqNOX7
    http://www.kari.org
    http://bit.ly/V5mWez
    http://bit.ly/UqNR5k
    25 Jan 2013, 04:18 PM Reply Like
  • Valley Boy
    , contributor
    Comments (2192) | Send Message
     
    Kenya also has a variety of mineral wealth. The country is considering a new mining law regulating the industry.
    http://bit.ly/14jdGaq
    http://on.doi.gov/11XsME7
    http://bit.ly/14jdGau
    http://bit.ly/RA11On
    25 Jan 2013, 04:28 PM Reply Like
  • Valley Boy
    , contributor
    Comments (2192) | Send Message
     
    Kenya is famous for its tourism. Safaris to see Kenya's wildlife have been going on for over a century. The country has many national parks and wildlife preserves attracting the sightseers.
    http://bit.ly/14jiAEA
    http://bit.ly/11Xvzgn
    http://bit.ly/14jiAEC
    25 Jan 2013, 04:53 PM Reply Like
  • Valley Boy
    , contributor
    Comments (2192) | Send Message
     
    Kenya's investment opportunities are reinforced by its central location, diversified and increasingly integrated economy and strategic trading routes.
    http://bit.ly/10X21QI
    http://bit.ly/WZfFe6#
    http://bit.ly/10X21QO
    25 Jan 2013, 05:10 PM Reply Like
  • Valley Boy
    , contributor
    Comments (2192) | Send Message
     
    Tanzania is gaining fame in recent years for its deposits of rare earths, gold, uranium, gas and oil.
    http://bit.ly/101s5Zt
    Tanzania has historically been famous for its tourism.
    http://bit.ly/Tejey4
    21 Dec 2012, 10:40 PM Reply Like
  • Jon Springer
    , contributor
    Comments (4152) | Send Message
     
    Author’s reply » Including patron saint of gold bugs, Jim Sinclair, and his Tanzanian Royalty (TRX)
    22 Dec 2012, 03:06 AM Reply Like
  • Schumpeter_1
    , contributor
    Comments (211) | Send Message
     
    Indeed they have a "track record" on tourism and their port of Dar es Salaam seems very popular with port terminal operators. But currently there some things that are becoming burdensome to business :

     

    http://on.ft.com/Vc73nq
    http://on.ft.com/VY4oKM

     

    http://on.ft.com/UQiq1G

     

    Tanzanians like taxes:
    http://on.ft.com/VY4oKQ
    22 Dec 2012, 07:59 AM Reply Like
  • Valley Boy
    , contributor
    Comments (2192) | Send Message
     
    It looks like much of Tanzania's revenues are being directed toward railroad development. Rail lines are being revamped and extended in keeping with the East African Railway Master Plan. A new rail line will connect Tanzania with the two landlocked countries of Burundi and Rwanda which are still recovering from the civil wars of a couple of decades ago. Another rail line will connect Tanzania with the oil rich countries of Uganda and South Sudan. Trade from these countries will probably increase and be funneled towards Tanzania's main port at Dar es Salaam. That port is currently being expanded to handle the additional traffic volume expected from the railways.
    http://bit.ly/Uy5puU
    http://bit.ly/XxtXIV
    http://bit.ly/Uy5nDh
    http://bit.ly/XxtXIZ
    Details about the new rail lines are found with downloadable pdfs at this link.
    http://bit.ly/Uy5puV
    5 Jan 2013, 11:58 PM Reply Like
  • Valley Boy
    , contributor
    Comments (2192) | Send Message
     
    Dar es Salaam also handles rail traffic coming across Tanzania from the landlocked country of Zambia. That rail line is currently being upgraded.
    http://bit.ly/XxxbMs
    Zambia is geologically wealthy and is probably most famous for its copper mines.
    http://bit.ly/Uy8ye3
    http://bit.ly/XxxdUO
    http://bit.ly/Uy8ACR
    6 Jan 2013, 12:21 AM Reply Like
  • Valley Boy
    , contributor
    Comments (2192) | Send Message
     
    The increase in taxes might prove to be worthwhile when the upcoming projects bring forth the promised prosperity. It looks like one of those wait and see situations.
    6 Jan 2013, 12:24 AM Reply Like
  • Valley Boy
    , contributor
    Comments (2192) | Send Message
     
    A number of companies target Tanzania for its promising geologic position on the Tanzanian craton and nearby mountains of the East African orogeny. The companies might report in their financial findings to what extent the new tax law has effected their outlooks.
    http://bit.ly/XpReWX
    http://bit.ly/UasmFP
    http://bit.ly/XpReWZ
    19 Jan 2013, 09:39 PM Reply Like
  • Valley Boy
    , contributor
    Comments (2192) | Send Message
     
    With Tanzania's criteria taken into account, its large port city of Dar es Salaam has taken on the role of being the country's economic magnet. Business expansion is underway there, thereby assisting the city's stock market.
    http://bit.ly/YsGca5
    http://bit.ly/XFrc2R
    http://bit.ly/YsGaPN
    http://bit.ly/XFreYg
    http://bit.ly/YsGca7
    25 Jan 2013, 12:57 PM Reply Like
  • Valley Boy
    , contributor
    Comments (2192) | Send Message
     
    The East African Community has its headquarters in Arusha, a city in a scenic region not far from the famous Mt. Kilimanjaro. The EAC works to integrate governmental and institutional functions in Tanzania, Kenya, Burundi, Rwanda and Uganda in order to create economic efficiencies between them.
    http://bit.ly/15aV9P8
    The EAC is making diplomatic arrangements with other countries besides the United States in hopes of attracting additional foreign investment.
    http://preview.tinyurl...
    http://preview.tinyurl...
    http://preview.tinyurl...
    http://preview.tinyurl...
    12 Feb 2013, 11:09 PM Reply Like
  • Valley Boy
    , contributor
    Comments (2192) | Send Message
     
    Work has begun on Tanzania's new port at the old tourist town of Bagamoyo. The port is expected to relieve the shipping congestion at the main port at nearby Dar es Salaam.
    http://preview.tinyurl...
    http://bit.ly/Zxnps9
    http://bit.ly/10QAaz9
    This new project comes at a time when the other ports and infrastructure are being upgraded.
    http://bit.ly/Zxnpsb
    http://bit.ly/10QA9uY
    27 Mar 2013, 02:14 PM Reply Like
  • Schumpeter_1
    , contributor
    Comments (211) | Send Message
     
    A few links on the East African oil, incl. stock ratings:

     

    http://on.ft.com/UQioqI

     

    http://bit.ly/YxknFL

     

    http://bit.ly/UQioGY

     

    http://bit.ly/YxkpgT

     

    http://on.ft.com/UQiq1G

     

    http://reut.rs/YxknFT

     

    http://bit.ly/UQiq1K

     

    http://on.wsj.com/YxkpgZ

     

    http://reut.rs/UQiq1L

     

    http://bit.ly/Yxkph1

     

    http://bit.ly/UQiq1M

     

    http://bit.ly/Yxkph9

     

    http://bloom.bg/UQioHe

     

    Ophir Energy:
    http://bit.ly/YxknFY
    http://on.ft.com/UQioHh
    http://on.ft.com/Yxkpxy
    22 Dec 2012, 07:30 AM Reply Like
  • Jon Springer
    , contributor
    Comments (4152) | Send Message
     
    Author’s reply » Thanks for all the links Schumpeter_1
    22 Dec 2012, 08:57 AM Reply Like
  • Valley Boy
    , contributor
    Comments (2192) | Send Message
     
    Thank you, Schumpeter_1, those are really interesting.
    22 Dec 2012, 01:14 PM Reply Like
  • Schumpeter_1
    , contributor
    Comments (211) | Send Message
     
    Sorry to bother you guys again, but ...I have another link to some condensed country reports made by the Rabobank
    (i.e. reports on Ghana, Nigeria, Tanzania, Rwanda, Angola, Botswana, South Africa, Cameroon). They are quite recent, i.e. Ghana report is from August 23, 2012

     

    Just filter "Country Reports", then "Africa".

     

    http://bit.ly/UYQ58N

     

    By the way, there are also country reports on Mongolia (Sept 2012) and Sri Lanka (two versions: Sept 2012 and Jan 2010), Bangladesh and the Maghreb region (Algeria, Marocco).

     

    The BBC World Newsalso seems to do a god job with their country profiles. They are all updated quite regularly:
    http://bbc.in/UYRDQ7
    22 Dec 2012, 08:21 AM Reply Like
  • Schumpeter_1
    , contributor
    Comments (211) | Send Message
     
    The "Super-Cycle" report by Standard Chartered bank can also be hold against as a background:

     

    http://bit.ly/ThKAn9

     

    Though some "predictions" made in 2010 have already proven to be obsolete.
    23 Dec 2012, 09:38 AM Reply Like
  • Jon Springer
    , contributor
    Comments (4152) | Send Message
     
    Author’s reply » Ryan Hoover has been added to the author list at the top of this blog. I recommend checking out his articles: http://bit.ly/UZm8FH
    22 Dec 2012, 11:18 AM Reply Like
  • Jon Springer
    , contributor
    Comments (4152) | Send Message
     
    Author’s reply » Schumpeter_1 really liked this article by Ryan Hoover (understandably) and I added a link to it at the top as well http://bit.ly/TgUp88
    23 Dec 2012, 12:54 PM Reply Like
  • Schumpeter_1
    , contributor
    Comments (211) | Send Message
     
    Investors continue to see opportunities in Africa’s food industry:
    http://bit.ly/19KFCa7
    29 Jun 2013, 06:40 PM Reply Like
  • Valley Boy
    , contributor
    Comments (2192) | Send Message
     
    The food industry should be able to thrive in many areas of Africa in the years to come.
    http://bit.ly/157gBVo
    30 Jun 2013, 12:23 AM Reply Like
  • Valley Boy
    , contributor
    Comments (2192) | Send Message
     
    Regarding Djibouti, Somaliland and Puntland, the storied lands of myrrh and frankincense:
    These are the Sub- Saharan countries that are actually facing the busy trans- global maritime route. Their littoral is on the strategic Gulf of Aden between the Red Sea and the Arabian Sea. The maritime route has connections northward to the Suez Canal, recently deepened to accommodate some cape- size vessels. The maritime route connects traffic eastward to the Malabar Coast of India, Sri Lanka and Singapore, with a side detour to the oil rich Gulf States.
    Djibouti has ambitions to become an important stopover on the maritime route. Dubai World has a port there. The United States military is stationed there. And Djibouti is the main port servicing Ethiopia, which makes up the country's hinterland.
    http://bit.ly/VkdY9Z
    http://bit.ly/RbiLyf
    Somaliland is a region needing to be explored for valuable minerals. Its main commercial asset must is the deep water port at Berbera.
    http://bit.ly/VkdYqh
    Puntland is known for its fisheries and oil deposits. Its port at Bosaso is becoming more important for Arabs and Indians doing business in nearest Africa.
    http://bit.ly/RbiNWS
    The three countries are considered to be underdeveloped; investors will probably need to take a very long range view of their situations. A reduction in maritime piracy should go a long way to facilitating their development and awakening foreign investment.
    http://bit.ly/VkdWyD
    22 Dec 2012, 02:34 PM Reply Like
  • Valley Boy
    , contributor
    Comments (2192) | Send Message
     
    Oil exploration and drilling is just getting underway in Puntland. This situation appears to be the most actionable one for investors at the present time.
    http://bit.ly/WxNJjc
    22 Dec 2012, 02:44 PM Reply Like
  • Jon Springer
    , contributor
    Comments (4152) | Send Message
     
    Author’s reply » VB....

     

    This is becoming an impressive blog thanks to Schumpeter and you. Quite another treasure trove there.

     

    And, me, I finally figured out Puntland is a declared autonomous region in Somalia http://bit.ly/RbiNWS
    22 Dec 2012, 04:22 PM Reply Like
  • Valley Boy
    , contributor
    Comments (2192) | Send Message
     
    I guessing that Puntland and Somaliland will keep their loose affiliations with Somalia in the foreseeable future because, after all, they are ethnic Somalis. I imagine they prefer their autonomy because that seems to be working for them so far without having to hassle the complications of unrest in Somalia proper.
    Their neighbors in Ethiopia's Ogaden region are ethnic Somalis, too. The politics of that situation helps to make investing efforts in the Horn of Africa problematical.
    http://bit.ly/VX2Pwk
    22 Dec 2012, 11:13 PM Reply Like
  • Valley Boy
    , contributor
    Comments (2192) | Send Message
     
    It looks like Somaliland might open up its gas and oil reserves for development soon.
    http://bit.ly/12HPWMy
    http://bit.ly/TeCSeK
    The country is known to have some mineral wealth such as coal, base metals, gemstones and rare earths. Interested parties are just beginning to scratch the surface about these.
    http://bit.ly/12HPWMA
    23 Dec 2012, 12:09 AM Reply Like
  • Schumpeter_1
    , contributor
    Comments (211) | Send Message
     
    VB

     

    I think you are really making some excellent points here. Both on Ethiopia and on Somaliland. It has occurred to me that many, many non-resource companies are moving toward Ethiopia (e.g. Diageo, Visa, Bollore). Economic activity is rapidly increasing. This has much to do with a very large Ethiopian diaspora. Mostly because home remittances. And let us not forget, the country's booming potash industry e.g. Allana Potash (ALLRF.PK).
    Djibouti, a stable country, might be the perfect way to play Ethiopia.

     

    And Somaliland might be an excellent way to play Somalia. It is absolutely non-comparable to Somalia itself: http://bit.ly/ThIlA1

     

    I would strongly recommend checking the related BBC TV-series "Indian Ocean with Simon Reeve" in which he travels from Somalia to Somaliland (series also include Sri Lanka and Bangladesh in a different episode)... If not alone, for the wheelbarrow full of dough.

     

    Ethiopian diaspora and business:
    http://on.ft.com/Tfa3yJ
    http://bit.ly/ThImnR
    http://bit.ly/Tfa3yL

     

    http://bit.ly/ThImE7
    http://bit.ly/Tfa3yN

     

    http://bit.ly/ThImEd

     

    http://bit.ly/ThImEe

     

    http://bit.ly/Tfa3yP

     

    http://bit.ly/ThIlA2

     

    http://bit.ly/Tfa3yT
    http://bit.ly/ThIlA3

     

    http://on.ft.com/Tfa3P6
    23 Dec 2012, 09:20 AM Reply Like
  • Schumpeter_1
    , contributor
    Comments (211) | Send Message
     
    Neither did I know this "Country of Punt".
    Always learning..
    23 Dec 2012, 09:25 AM Reply Like
  • Schumpeter_1
    , contributor
    Comments (211) | Send Message
     
    Ethiopia the only country, in the list of 15 most populous nations in the world, without a stock market. How to benefit ?
    http://bit.ly/UmM9lI

     

    BTW,regarding Holland Car(a link above mentioned) ,it already went bust (just a month ago): http://bit.ly/U50ZtD
    23 Dec 2012, 09:59 AM Reply Like
  • Schumpeter_1
    , contributor
    Comments (211) | Send Message
     
    MTN & Bharti eying Ethiopia:
    http://bit.ly/TO6QVv
    http://bit.ly/YBGHOy
    http://bit.ly/TO6QVx

     

    The Djibouti-Ethiopia-South Sudan Transport Corridor:
    http://bbc.in/YBGHOF
    http://buswk.co/TO6QVC
    http://bbc.in/YBGHOO
    http://bit.ly/TO6QVJ

     

    http://on.wsj.com/YBGI56

     

    (MTN Group is already present in South Sudan. Next's mobile money frontier http://bit.ly/TO6RbZ)
    23 Dec 2012, 11:16 AM Reply Like
  • Valley Boy
    , contributor
    Comments (2192) | Send Message
     
    We are essentially studying the Land of Punt consisting of Yemen or Arabia Felix, Ethiopia and the lands of the Somalis.
    http://bit.ly/YBMAeI
    It will be worthwhile to see if the three regions trade more closely with each other in the future.
    A couple of examples:
    The Bridge of the Horns might be built with Arabian oil money.
    http://bit.ly/Ti53Z3
    Ethiopia is trading more out of Somaliland's Port of Berbera.
    http://bit.ly/TgRJaD
    http://bit.ly/Ti527a
    http://bit.ly/TgRJaG
    China, America, Europe, Arabia and India are taking an active interest in the Land of Punt. There has to be good reasons why.....
    23 Dec 2012, 12:41 PM Reply Like
  • Valley Boy
    , contributor
    Comments (2192) | Send Message
     
    The Port of Djibouti will be expanding its infrastructure soon. Business must be good due to its strategic location, deep water port, free trade zone and better connections to its Ethiopian hinterland.
    http://bit.ly/VXUkB6
    http://djiboutifz.com
    http://bit.ly/WI7PLx
    23 Dec 2012, 02:22 PM Reply Like
  • Schumpeter_1
    , contributor
    Comments (211) | Send Message
     
    Allana Potash Joins the Ceremony of Tadjourah Port Construction Start

     

    Marketwire - Dec. 18, 2012 - Allana Potash Corp. (ALLRF.PK) wishes to express its congratulations to the Djibouti Ports and Free Zones Authority (DPFZA), the Governments of Djibouti and Ethiopia, and the people of Tadjourah Region in Djibouti, on the official completion of financing and start of construction of the new bulk port at Tadjourah, Djibouti.

     

    http://mwne.ws/TYVqyc
    26 Dec 2012, 11:23 AM Reply Like
  • Valley Boy
    , contributor
    Comments (2192) | Send Message
     
    The port construction at Tadjourah is significant for Djibouti and its much larger neighbor, Ethiopia. The new rail connection between Tadjourah and northeastern Ethiopia will not only open up a broad stretch of country for development but will enable another trade route between the two countries. The new railroad is part of a larger effort by Ethiopia to expand its railroad system in various parts of the country.
    http://bit.ly/YgU421
    http://bit.ly/10jOAsH
    26 Dec 2012, 02:45 PM Reply Like
  • Jon Springer
    , contributor
    Comments (4152) | Send Message
     
    Author’s reply » I know about Allana (ALLRF.PK) but I used to really be interested in Ehtiopian Potash (ETPHF.PK) (FED.V) which seems to have seen its price drop through the bottom.
    28 Dec 2012, 03:35 AM Reply Like
  • Schumpeter_1
    , contributor
    Comments (211) | Send Message
     
    I know that one too (ETPHF.PK). I had it in my portfolio.
    Boy, did that stock costed me money.
    28 Dec 2012, 07:47 AM Reply Like
  • Abegaz
    , contributor
    Comments (3742) | Send Message
     
    The way to benefit is to actually come here and directly invest. There is a commodity exchange by the way called the ECX and the government is pushing hard to make coffee its core export.
    29 Dec 2012, 09:00 AM Reply Like
  • Valley Boy
    , contributor
    Comments (2192) | Send Message
     
    Djibouti is the busy port most centrally located within the common market of eastern and central African countries. Rail and road links still need to be built within the common market for efficient transport of marketable goods. The common market will make economic progress as those links get built. That will give the Djibouti ports additional business and add to its pressure packed port volume.
    http://bit.ly/UmvPxS
    http://bit.ly/Tz0MSp
    3 Jan 2013, 11:49 AM Reply Like
  • Jon Springer
    , contributor
    Comments (4152) | Send Message
     
    Author’s reply » Horntrade looks like a good website for the region of Ethiopia, Eritrea, Djibouti, Somalia http://www.horntrade.com but is Djibouti focused http://bit.ly/TNb8wS
    4 Jan 2013, 07:08 AM Reply Like
  • Valley Boy
    , contributor
    Comments (2192) | Send Message
     
    That website now appears to be defunct. Maybe this other site will catch the regional news as it grows as a business.
    http://bit.ly/VeSFLw
    Otherwise it looks like the continental business news will have to suffice. Here are a few examples out of many:
    http://bit.ly/XzpyiK
    http://afrobiznews.com
    http://bit.ly/VeSDDp
    http://bit.ly/XzpzmR
    12 Feb 2013, 11:52 PM Reply Like
  • Schumpeter_1
    , contributor
    Comments (211) | Send Message
     
    Heineken to build Ethiopia’s biggest brewery:

     

    http://on.ft.com/16dhAUq

     

    " Ethiopia is Africa’s second most populated country with approximately 85m people and population growth of 2.5 per cent per annum. It is also one of the fastest growing non-oil economies in Africa with a stable political environment and growing personal incomes. "

     

    " The UK’s Diageo last year snapped up Meta Abo Brewery, maker of the country’s number two beer brand Meta, in a $225m all cash deal."
    8 Mar 2013, 03:53 AM Reply Like
  • Valley Boy
    , contributor
    Comments (2192) | Send Message
     
    This news site appears to be a good source of business intelligence for the Horn of Africa region including Ethiopia and Kenya.
    http://www.hananews.org
    8 Mar 2013, 01:13 PM Reply Like
  • Schumpeter_1
    , contributor
    Comments (211) | Send Message
     
    Bollore Africa Logistics is vying to operate container terminals in Kenya, Somaliland and Mozambique:

     

    http://bit.ly/WHLeiI

     

    Berbera re-visited ?
    http://bit.ly/WnzPlZ
    13 Mar 2013, 01:15 PM Reply Like
  • Schumpeter_1
    , contributor
    Comments (211) | Send Message
     
    Bolloré logistics arm to ‘unlock Africa’:
    http://on.ft.com/112XPP5
    16 Mar 2013, 06:34 PM Reply Like
  • Schumpeter_1
    , contributor
    Comments (211) | Send Message
     
    Re: Somalia, Somaliland and Puntland

     

    Last week, a new company – Soma Oil and Gas – signed an exploration deal with the Mogadishu-based federal government of Somalia.
    http://on.ft.com/17P7ZAJ

     

    (Genel Energy, the Kurdistan-focused oil producer backed by the financier Nat Rothschild )
    15 Aug 2013, 03:39 AM Reply Like
  • Schumpeter_1
    , contributor
    Comments (211) | Send Message
     
    More oil in the Somali region, Vanoil Energy:
    http://bloom.bg/16Yx2DW

     

    With our own trusted deepvalue investor, Firebird Capital:
    http://bit.ly/16Yx3rs
    Firebird also being heavily involved in North Korean oil.
    (First, via a joint venture vehicle teaming up with U.K. listed Aminex and now, subsequently via Mongolian listed HBOil)
    31 Aug 2013, 08:08 AM Reply Like
  • Valley Boy
    , contributor
    Comments (2192) | Send Message
     
    Ethiopia is looking forward to selling greater exports of sugar, biodiesel and coffee as well as potash. I drank some Ethiopian coffee from one of the specialty grocers a few months ago; it has a hearty flavor and aroma.
    http://bit.ly/10jQDNc
    http://bit.ly/YgWeyt
    http://bit.ly/10jQBoA
    26 Dec 2012, 02:56 PM Reply Like
  • Valley Boy
    , contributor
    Comments (2192) | Send Message
     
    Ethiopia also has some gold. Exploration for gas and oil is now underway mostly in the Ogaden Basin near Somalia but also elsewhere in Ethiopia.
    http://bit.ly/10jUObQ
    http://bit.ly/Yh0D4t
    26 Dec 2012, 03:15 PM Reply Like
  • Valley Boy
    , contributor
    Comments (2192) | Send Message
     
    Oil companies might give the Ogaden Basin some serious attention when the area becomes more peaceful.
    http://bit.ly/XoOxFF
    http://bit.ly/SkS7mY
    http://bit.ly/XoOxFJ
    20 Jan 2013, 01:08 AM Reply Like
  • Valley Boy
    , contributor
    Comments (2192) | Send Message
     
    Most of the construction activity in Ethiopia is occurring in and around the capital city of Addis Ababa. The city is undergoing a construction boom with many different projects. It is hoped that the prosperity from the boom will find its way to the countryside.
    http://bit.ly/YsASna
    http://bit.ly/Y3Y33j
    http://preview.tinyurl...
    http://preview.tinyurl...
    http://preview.tinyurl...
    http://addisbuild.com
    The Chamber of Commerce takes a particular interest in trade, agriculture and tourism.
    http://bit.ly/YsAQMb
    25 Jan 2013, 12:22 PM Reply Like
  • Valley Boy
    , contributor
    Comments (2192) | Send Message
     
    Ethiopia has plenty of positive business news now that its trading access to the sea is secured and strengthened. Ethiopia represents a great economic model for the rest of landlocked Africa to emulate.
    http://bit.ly/14CRBCf
    http://bit.ly/ZmLjHo
    http://bit.ly/14CRBSt
    http://bit.ly/ZmLjXG%20|%20Economy
    8 Mar 2013, 01:07 PM Reply Like
  • Jon Springer
    , contributor
    Comments (4152) | Send Message
     
    Author’s reply » Another reader has recommend Feronia (FRNFF.PK) (FRN.V), an ag play in the DR of Congo.

     

    Profile: http://yhoo.it/12T369s

     

    Home page: http://www.feronia.com

     

    Had to go to Bloomberg for good chart: http://bloom.bg/Rla5p0
    28 Dec 2012, 03:40 AM Reply Like
  • Schumpeter_1
    , contributor
    Comments (211) | Send Message
     
    I know the firm.
    Quite important to know is that Feronia Uganda Limited is not associated with them (as I always mistakingly thought).

     

    I believed that SA author John Polomny was also watching this stock ("As far as other countries in Africa I like Banro (BAA) in the DRC. I also am looking at a small compnay that is rehabilitiating a palm oil plantation that used to belong to Unilever.")
    28 Dec 2012, 08:07 AM Reply Like
  • Jon Springer
    , contributor
    Comments (4152) | Send Message
     
    Author’s reply » More on Feronia from e-mails with same reader:

     

    - being in africa, they are perfectly located to feed africa, and they are positioning themselves to do such.

     

    http://bit.ly/YoRrLm

     

    http://yhoo.it/WYOCFF

     

    - Phatisa (http://phatisa.com) recently invested at 12c.

     

    http://yhoo.it/YoRrLq

     

    - numbers wise, it is understandable still to make a profit, and a bit illiquid, however it also has a low debt/equity ratio (which i am heavily bias towards). most importantly, at around 10c, it is much easier to double to 20c, than say bunge to move from $72 to $144. major risk here is further share dilution may happen.

     

    - seem immune to the political issues in congo. also appears to be looking after the environment and people - very important to me.

     

    http://bit.ly/WYOFB9
    28 Dec 2012, 08:09 AM Reply Like
  • Schumpeter_1
    , contributor
    Comments (211) | Send Message
     
    I agree with you on the latter matter. Bas Congo is quite safe and doesn't suffer from the anarchy in Eastern-Congo (that only seems to reach television). Though I am still a bit worried (as a big fan of wildlife) It says zero deforestation because of re-planting, but what about those lowland gorillas ?

     

    I am big fan of investing in agricultural lands and even more keen on frontier markets, but it seems to be a re-occurring worry to me with those plantation companies.

     

    Moreover there is a word of precaution. Each time Congo troubles start, they start locally in the eastern part, i.e. the rise & march of a new rebel group. Recently rebel group M23 conquered Goma, while the UN wasn't prepared to do anything. Not even defending local civilians. M23 said it wanted to march to Kinshasa (DRC's capital), i.e.. the west. It was only after international pressure on Rwanda and Uganda(!) that M23 didn't do it and even left Goma.
    28 Dec 2012, 08:30 AM Reply Like
  • Schumpeter_1
    , contributor
    Comments (211) | Send Message
     
    Might be valuable to compare landprices on a per acre basis. Yesterday I read that Belgium/ Luxemburg listed palmoil plantation companies were very much cheaper than Singapore. And yes, there is also (at least 1) an Asian listed plantation company in Belgium/ Luxemburg (besides African plantation companies).
    28 Dec 2012, 08:46 AM Reply Like
  • Valley Boy
    , contributor
    Comments (2192) | Send Message
     
    If the fighting in eastern Congo ever stops so that development can occur, the agricultural resources of Bas- Congo might find their way to the East African markets. What is missing is the proposed rail link between Kisangani, at the head of navigation above the Congo River by river barge upstream from Bas- Congo, and Kasese, at the end of the rehabilitated rails in western Uganda. The fighting is going on in the Kivu region in eastern Congo where the proposed rail link for the Northern Corridor is supposed to be constructed.
    http://bit.ly/VfdcOq
    http://bit.ly/10IwXnD
    http://preview.tinyurl...
    19 Jan 2013, 08:44 PM Reply Like
  • Schumpeter_1
    , contributor
    Comments (211) | Send Message
     
    Off the record....did I ever told anyone that I fell in Congo River 50 meters a way from a couple of hippo's, while trying to follow an elephant herd. It actually has a strong current. Talking about in-depth market research...
    20 Jan 2013, 03:23 AM Reply Like
  • Jon Springer
    , contributor
    Comments (4152) | Send Message
     
    Author’s reply » Glad you lived to tell Schumpeter 1.

     

    Funny what we'll do for a picture on a safari.
    20 Jan 2013, 06:15 AM Reply Like
  • Jon Springer
    , contributor
    Comments (4152) | Send Message
     
    Author’s reply » Tanzania's island of Zanzibar is getting bad press on the rise of Muslim values on the island http://on.ft.com/YWAAo9

     

    One of my most favorite parts of my 5 week trip from South Africa to Egypt in 1995 was time in Zanzibar, Mitu's spice tour, the food market with kebabs and sugar cane juice, Sambusa's Two Tables restaurant (literally a restaurant of two tables on his home's patio), the old city. Really nice place. Feels like the author hasn't been there. Couldn't write the way he did if he had. Yet, its the FT and it will get international attention.
    29 Dec 2012, 04:52 AM Reply Like
  • Valley Boy
    , contributor
    Comments (2192) | Send Message
     
    Zanzibar shares a lot of cultural affinity with its parental country of Oman.
    http://bit.ly/Vm5INo
    http://bit.ly/10ESlEX
    http://bit.ly/Vm5Lce
    The Omani role in Zanzibar happened many years prior to Zanzibar's union with Tanganyika in 1964, forming Tanzania.
    24 Jan 2013, 06:25 PM Reply Like
  • Valley Boy
    , contributor
    Comments (2192) | Send Message
     
    Zanzibar is still famous for tourism and spices.
    http://www.zanzibar.net
    http://bit.ly/Wj5416
    http://bit.ly/V0YJWB
    24 Jan 2013, 06:39 PM Reply Like
  • Valley Boy
    , contributor
    Comments (2192) | Send Message
     
    Zanzibar has ambitions to resume its historic role as a seaside trading hub with improved port.
    http://bit.ly/Uov6iM
    http://bit.ly/WxPbSC
    24 Jan 2013, 06:42 PM Reply Like
  • Valley Boy
    , contributor
    Comments (2192) | Send Message
     
    And in order to help finance its economic ambitions, Zanzibar is now ready to explore for oil.
    http://bit.ly/Uowj9U
    24 Jan 2013, 06:58 PM Reply Like
  • Abegaz
    , contributor
    Comments (3742) | Send Message
     
    Anyone interested can read my analysis of Ethiopia from December 2010 titled "Ethiopia on Track to Become Africa's Energy superpower"

     

    http://seekingalpha.co...
    29 Dec 2012, 09:03 AM Reply Like
  • Jon Springer
    , contributor
    Comments (4152) | Send Message
     
    Author’s reply » Thanks for the link Abegaz. Great post.
    29 Dec 2012, 09:54 AM Reply Like
  • Abegaz
    , contributor
    Comments (3742) | Send Message
     
    No problem Jon. I had been thinking of writing a follow up as that story is now almost exactly two years old. There have been a lot of positive changes and the investing landscape is absolutely phenomenal. It is so disconnected with what is happening elsewhere that the story of Western troubles does not even register here at this time. Much of Sub Saharan Africa is also in the midst of a transformation and economies are really booming. Coca Cola is here now and working hard to expand its market share with a huge advertising campaign. But that is not why you or anyone else would come because it is not possible to participate in the expansion via shares of Western companies in a meaningful way as the global giants success in one region can be flattened out by losses in another. No...you really need to be here in person with your feet on the ground directly making use of your capital to take a share in any one of the small growing companies that are showing explosive growth. Candy and confections are a perfect example as are beauty care products, publishing, entertainment and light manufacturing as examples. I know of a gal who started a small chewing gum factory five years back with one small machine from China. She absolutely dominates the domestic market of 82 million people today and is expanding into chocolates. She is one of the first in the country doing so and looks to be a great success. Where else on earth is that dream still possible?????
    29 Dec 2012, 01:51 PM Reply Like
  • Jon Springer
    , contributor
    Comments (4152) | Send Message
     
    Author’s reply » Abegaz,

     

    Sounds like a flourishing frontier market. Looking forward to more writing and comments from you.

     

    My personal travels are unfortunately booked up through August... but after that I'm open to suggestions as things develop... and depending on employment status, I may be a bit more beholden to travel more to Asia for the time being.

     

    That said, I would also like to hear more about stories such as the woman who started a chewing gum factory and now dominates the market. I go to conferences from time to time where there are people interested in these types of stories and investing in people with this kind of success.

     

    One issue I've heard is a challenge for Ethiopia's development is that it is landlocked and must go through either Somalia, Djibouti, Eritrea, or Kenya to get port access. Is this issue overblown? How is infrastructure development? (roads, rails)
    29 Dec 2012, 05:42 PM Reply Like
  • Abegaz
    , contributor
    Comments (3742) | Send Message
     
    I would say the issue of being landlocked is perhaps a bit overblown as there is good cooperation and strong economic ties between Ethiiopia and Djibouti for example. A rail line partially funded by the Chinese is being reestablished there now, roads are being upgraded between the two nations and a significant investment is underway by Ethiopia to expand capacity in Djibouti ports and container facilites. One of this Ethiopias most important exports is going to be power long into the future and the regional nations will all benefit. The neighbors are already connecting to the grid and are supportive of the hydroelectric projects where they do not have means of their own to build a capacity. Djibouti meets 60% of its power needs through a new transmission line. See this article for a bit more background.

     

    http://bit.ly/VpI9Ob
    30 Dec 2012, 12:24 AM Reply Like
  • Abegaz
    , contributor
    Comments (3742) | Send Message
     
    Frontier investing is a good term Jon. I think this may even define why most Westerners are missing the action here while Chinese and Indians are signing off on all the juicy contracts at a rate of 20 to 1.

     

    You just cannot participate here by sitting in a New York office and pushing buttons on a computer. There are very few publicly listed companies in most of Africa actually especially as compared to the developed world. No easy means are available to add to a pension plan or investment portfolio so almost everyone is going to miss out on the growth story.

     

    This is a place where much of what is happening is in the incubation stages and so the real action is much more personal and in your face. It is a market for younger people with their own capital, a little ambition (and lots of patience).

     

    I hear stories almost daily from others about what they are doing and am usually amazed at how well it has worked out. Even guys who are complete screw ups elsewhere are turning a buck. It is because land, labour and power costs are just so low here that there is a lot of forgiveness for those making mistakes and they survive to see another day.

     

    One of the biggest areas of opportunity here and in much of the rest of Africa is "processed foods". Try buying a bag of potato chips in Addis Ababa for example and you will see what I mean. There are no MacDonalds either and precious few chain stores. Everything is Mom and Pop.

     

    Pizza and burgers have just arrived here in the last few years and overnight became some of the most popular dine-out foods. Fast food is still virtually unknown and yet the term "take-away" has still managed to creep into the local language and the idea has taken hold. Fried chicken outlets have yet to make an entrance. I have only seen one so far but I am confident they will grow explosively once someone starts building them.

     

    I just saw the first real car wash the other day. It was full. Laundries and dry cleaners are still in their infancy yet are so popular and in demand that you wait in excess of a week to get your clothes back. One of the biggest areas of opportunity is in entertainment. This is a nation of youth where the median age is 14 years. Games, pool halls, arcades, toys and cosmetics for young women are huge growth areas. Just by paying simple attention to the demographics one could make his fortune.

     

    There is a fast developing middle class here and a huge Diaspora with strong connections to the West that live here. Consumption is rising dramatically. Shops and cafes are often filled to the last chair with the most successful being those that have emulated Western marketing models.

     

    But you can't make money on it unless you do a little serious research and just get on a damn flight and come here. Ethiopian Airways offers direct non-stop flights daily from both Toronto and Washington DC and will soon have a fleet of ten 787 Dreamliners on offer.

     

    They are the only airline in Africa with direct links to North America incidentally and that in itself should indicate to everyone the growing importance of this region.

     

    Without giving it too much thought I can say without reservation that Ethiopia is now amongst the most strategically important nations to US interests in Africa and the relationship is growing stronger all the time. This country is a lion in the region and a good friend to the West.
    30 Dec 2012, 01:03 AM Reply Like
  • Valley Boy
    , contributor
    Comments (2192) | Send Message
     
    Some of the Ethiopian diaspora are making contributions to the California economy, most famously in Los Angeles.
    http://bit.ly/Vj0cGq
    30 Dec 2012, 11:36 AM Reply Like
  • Jon Springer
    , contributor
    Comments (4152) | Send Message
     
    Author’s reply » Abegaz... great posts. If you keep it up... I'm going to wind up buying a plane ticket to Ethiopia by mid-2014 or earlier (which I wouldn't have thought 10 days ago).

     

    A happy, healthy and meaningful 2013 to everyone in this chat room, and your families, (and even to the people not in this chat room who just don't know how good it is ;-)
    Jon
    31 Dec 2012, 11:16 AM Reply Like
  • Abegaz
    , contributor
    Comments (3742) | Send Message
     
    Well thanks Jon. Good to hear you may be coming over at some point. It is not all roses here though, let me assure you. This is not the West by any stretch so be sure to get all your vaccinations ahead of time, get your dental work up to date and carry some good health insurance.

     

    There are crazy things about this place that drive some people nuts. We don't have phone books for example and there is no yellow pages online or in print.

     

    There is also no mail delivery and only wealthy people have box addresses. Streets do have names but nobody uses them so locating people and places is hit and miss but a good driver can usually get you near if they have a landmark.

     

    Business's and homes also do not have numbers posted on their door as is common in the US. Nor are there many traffic signals, crosswalks, sidewalks or public benches to sit and rest. It is a lot to adjust too.

     

    Traffic especially is interesting as pedestrians do not have the right of way. So those are just a few extra thoughts to help you understand why the cost of doing business for those who engage is so low but also why it can be maddeningly slow.
    31 Dec 2012, 02:18 PM Reply Like
  • Jon Springer
    , contributor
    Comments (4152) | Send Message
     
    Author’s reply » That all sounds right Abegaz. These things change with time. My wife would be thrilled to be somewhere that I have no internet access :-)
    1 Jan 2013, 03:03 AM Reply Like
  • Stilldazed
    , contributor
    Comments (2097) | Send Message
     
    JS,
    Happy New Year to you and yours and all the bloggers here. Thanks also for all the info and time spent updating and keeping us informed. To all the bloggers, thanks for the great comments and for furthering my growth of knowledge.
    1 Jan 2013, 03:28 AM Reply Like
  • doubleguns
    , contributor
    Comments (7887) | Send Message
     
    I am watching at the window to the chat room. Nothing to add but say thanks for the great insight from you all. Abegaz thanks for the boots on the ground perspective.

     

    Yes Happy New Year to each one of you and all the followers.
    31 Dec 2012, 02:31 PM Reply Like
  • Abegaz
    , contributor
    Comments (3742) | Send Message
     
    Thanks everyone and may I wish you all a happy New Year too. If anyone is interested in hearing more about this part of Africa I would be happy to oblige with added commentary.

     

    For those of you who are smokers and also enjoy a drink (and might be coming over for a visit) I have terrific news. Beer is 60 cents a bottle in restaurants and a pack of filter smokes goes for 50 cents. Very good hotel rooms begin a 65 dollars per night.

     

    Housing is shockingly inexpensive compared to home. Foreigners can get very decent digs beginning at around 150 dollars per month. I have a four bedroom place, two kitchens, two baths with white marble floors throughout plus servant quarters included for that price, just to give you an idea.

     

    Fresh fruit and veggies are available year round for mere pennies. The services of a porter to carry groceries, luggage, building supplies or whatever starts at 15 cents per load if it is near home. Average daily wages run about 1.25 for low skilled folk but even a fully qualified engineer costs just 350 dollars per month if you have the need for one.

     

    One of the fascinating aspects of this country is that it is Orthodox Christian for the most part. There are churches absolutely everywhere you go and the people are quite devout compared to home. This is also a gun-free peaceful culture and violence is quite rare.

     

    Despite the limitations around mail services and street address's the country is well connected. Virtually everyone has a cell phone and internet is usually available in even the smallest of villages. The new Commodity Exchange handles four products at the moment but is focussed on coffee.

     

    Banking services are currently limited compared to the West which is problematic at times. There is no Debit system nor do shops accept Visa and Mastercard with the exception of some tour operators and the biggest hotels. ATM's meanwhile are still sparsly distributed around the country but that is changing fast. These can be used to dispense funds off most networks that accept Visa or Masercard or the new Debit-Visa cards.

     

    Happy travels to anyone thinking of coming over for a look!
    1 Jan 2013, 10:37 AM Reply Like
  • Valley Boy
    , contributor
    Comments (2192) | Send Message
     
    Sub- Africa has two emerging economies. The first one, South Africa, has been well known for a good number of years. The second one is Mauritius, the island country situated on the main sea lanes connecting South Africa with South Asia and Southeast Asia.
    Mauritius is a country known for its economic freedom. It is often portrayed as an economic example for the struggling African countries to emulate. The country's economic expertise has recently been tapped for use as a conduit for Asian, European and American countries to indirectly invest in the Sub- Saharan region.
    http://bit.ly/WmEmkd
    http://bit.ly/WmEjoE
    http://bit.ly/11651ZP
    6 Jan 2013, 05:41 PM Reply Like
  • Valley Boy
    , contributor
    Comments (2192) | Send Message
     
    Here are more in- depth looks at Mauritius' effort to serve as a financial middleman for the rest of the world regarding African investments, especially Sub- Saharan African investments.
    http://bit.ly/W7X5nI
    http://bit.ly/WP8jd4
    http://bit.ly/W7X3fo
    19 Jan 2013, 11:29 PM Reply Like
  • Valley Boy
    , contributor
    Comments (2192) | Send Message
     
    Mauritius has a well- rounded economy other than the overseas financial conduit business.
    http://bit.ly/VSbBQO
    It takes a particular interest in what resources the surrounding Indian Ocean has to offer with its dependent island territories. The country has kept its claim to the Chagos Archipelago located north of Mauritius toward India. The archipelago, due to its mid- ocean position, is home to an important American military base on the island of Diego Garcia.
    http://bit.ly/13SLNpy
    http://bit.ly/VSbBQR
    19 Jan 2013, 11:48 PM Reply Like
  • Valley Boy
    , contributor
    Comments (2192) | Send Message
     
    Mozambique is a coastal country with a promising amount of natural resources available for trading. It is in the process of arranging itself as a trade corridor for its northwestern inland neighbors, Malawi and Zambia. Malawi and Zambia are better known for their mineral reserves. The northern Mozambican ports of Nacala and Beira are now just recently in a position to receive them for export.
    6 Jan 2013, 07:40 PM Reply Like
  • Valley Boy
    , contributor
    Comments (2192) | Send Message
     
    There is some concern about economic nationalism in Mozambique and Malawi. That concern should best be weighed against their economic capacity to achieve prosperity for the long run.
    http://reut.rs/RACoQx
    http://bit.ly/VvfVTa
    6 Jan 2013, 07:46 PM Reply Like
  • Valley Boy
    , contributor
    Comments (2192) | Send Message
     
    Mozambique has a developing mining sector offering gold, aluminum, iron, cement, gemstones and, perhaps most importantly, coal. There are some other geologic resources such as the mineralized sands along the ocean shore yielding titanium from ilmenite.
    http://bit.ly/XAYaXB
    http://bit.ly/WloIVX
    http://bit.ly/XAYcP8
    http://bit.ly/WloIVZ
    6 Jan 2013, 08:19 PM Reply Like
  • Valley Boy
    , contributor
    Comments (2192) | Send Message
     
    Mozambique, like its East African coastal neighbors, is becoming known for its offshore oil and gas.
    http://bbc.in/XcL3ba
    http://bit.ly/ZuvdNr
    http://bit.ly/XcL3bd
    6 Jan 2013, 08:32 PM Reply Like
  • Valley Boy
    , contributor
    Comments (2192) | Send Message
     
    Malawi now a railroad lifeline to the deep water port at Nacala. Nacala is favorably situated opposite of Madagascar about midway between the Kenyan ports and the South African ports.
    A slide show with page navigation arrows showing a project map is viewed at this link.
    http://slidesha.re/XcQmYb
    The rail line between the port city of Beira to the inland town of Sena and then beyond to Moatize has been rebuilt. It is important for the coal transport coming down from the Moatize area for export. Work is being done to connect Moatize northeastward into Malawi with a new railroad. An existing railroad from the town of Sena northward into Malawi is being rehabilitated. Malawi will have a couple of more connections to the ocean going through Mozambique.
    http://bit.ly/106ZfrR
    http://bit.ly/XcQkQ1
    http://bit.ly/106ZfrT
    6 Jan 2013, 09:19 PM Reply Like
  • Valley Boy
    , contributor
    Comments (2192) | Send Message
     
    Northern Mozambique will have improved business with the new railroad capacities. The Port of Beira will share in the business expansion.
    http://bit.ly/UB7eqY
    6 Jan 2013, 09:25 PM Reply Like
  • Valley Boy
    , contributor
    Comments (2192) | Send Message
     
    Malawi has a treasure trove of mineral resources. Rare earths in particular are being touted as a vehicle for economic development.
    http://bit.ly/UB9gXV
    http://bit.ly/VEyfLK
    http://bit.ly/UB9hex
    6 Jan 2013, 09:40 PM Reply Like