So its roundup time. End of year contemplation combined with a healthy amount of mayhem. But as we close off and tie up all the loose ends in a pretty bow, I wanted to present you with a neat package of all the best the year has had to offer. Well, strictly speaking, the 10 best blog posts we have had to date (which trickles just over a year) voted by your foot traffic.
Keeping our country pristine is not easy. But being able to do something about our resources is priceless. The follow up to a popular post with local news “Too close to Home! What the frack!”
Now that you have had your fill of a good combination of facts and humour, I would also like to take this opportunity to wish you well for a fantastic festive season and peaceful New Year. Our offices will be closing on the 15th December and re-opening on the 6 January 2016.
Until then, have a wonderful break and hopefully rest.
and a whole brand New City to be built in Egypt (another desert??)
New City Egypt
These are some of the developments that spring to mind…developments that take your breath away…but how on earth are these small, money-hungry countries going to fund, let alone develop these ambitious projects? Projects so ambitious they raise eyebrows…well, mine mostly.
For example. Zimbabwe wanting to build a Disney Land at Victoria Falls…a pipe dream at the moment, but what a dream!! Just to keep tourists there longer than a day or two.
Disneyland
African Development Bank is one way, but most of the investments are coming from China.
The Chinese footprint in Africa has been cemented. In the last decade, investment in Africa by the world’s second-largest economy has surged to $2.9 billion from $75 million, and with it, China’s influence can be seen everywhere.
The next question… who is going to build these huge developments?
China of course.! If a Chinese company has invested in a Project, you can be sure that they will be building it too. Build, Own, Operate. But there are benefits, the Chinese do subcontract some of the work to the locals.
Swaziland, however, in an effort to ensure that their local contractors still have work and can tender for contracts, have implemented the rule that any projects less than E120 million cannot be awarded to foreign companies.
So, what has this have to do with developing Africa? Just feeding Africa does not solve anything. Providing them with employment that doesn’t warrant anything more than maybe digging a hole in the ground, painting a room, something that doesn’t require much skill, but providing these people with employment, a sense of self, educating them. Providing them with purpose. A trade. Hope. To me, that is really developing Africa.
When I used to imagine Africa, I used to think of trees, rivers, wildlife, war, jungles and deep dark Africa … nothing much could be happening there right?
You might take a sneaky glance at twitter’s ‘trending’ timeline to answer or perhaps Google. What about Africa? [tweetthis]Do you know what the Trends in Africa are?[/tweetthis] Many may answer with, “no clue”.
I doubt that this will be your answer for much longer. The narrative on Africa is evolving, there are more individuals and companies joining in the conversation and rightly so. Previously known as ‘Deepest Darkest Africa’ and most recently dubbed ‘Silicon Safari’, Africa is not only becoming an interest but a Trend in itself.
According to numerous sources the biggest Trend in Africa at the moment is Technology. Frost & Sullivan report that Africa could evolve into a $50 billion e-commerce market within the next three years. Kenya and Nigeria are leading in terms of fundraising and start-ups, other countries include Tanzania and South Africa. Africa has had explosive increases in internet usage and economic growth. In fact Internet usage is now growing faster in Africa than in any other continent and mobile subscriptions in Africa have eclipsed those in the Asian Pacific region. Companies like Safaricom, IBM and Facebook have all realised the significant opportunities for investment and innovation on the continent.
Technology is a major driving force of progress in every industry. This is particularly evident in Education in Africa. Tony Bates highlights the boom in online higher education enrollments in Africa, with many countries using eLearning as a way to meet the increased demand for higher education that traditional programs cannot. South Africa is the dominant country but will be overtaken by Nigeria by 2016 in terms of the volume of revenues from eLearning.
The population in Africa is projected to grow to 2 billion by 2050 resulting in the largest workforce according to the Harvard Business Review. Africa is also rich in natural resources, 60% of the world’s uncultivated arable land in fact. Additionally, Africa has a USD$2 trillion economy with approximately a third of its countries obtaining annual GDP growths of more than six percent. [tweetthis]Of the top ten fastest growing economies in the world, six are in #Africa.[/tweetthis]
To end here is a quote to illustrate the Trends in Africa from the 2014 World Economic Forum Annual Meeting in Davos:
“Africa is the story. The big story is Africa. The Chinese and Japanese are fighting over Africa. This is a market of a billion people, of natural resources.” Dr Ahmed Heikal, Chairman and Founder of Citadel Capital
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Remember: If You Fail - Fail Forward
Better a diamond with a flaw than a pebble without one. – Confucius
For my blog this month, seeing as the subject is mining and diamonds I thought I would find some interesting facts on diamonds, where they are found, how they are mined and more:
The word diamond derives from the Greek word “adamas,” which means invincible or indestructible.
The largest diamond ever discovered was called the Cullinan diamond, and weighed in at an amazing 3106 carats, or 1.33 pounds. Discovered in 1905 in South Africa, the mine’s owner and the South African leaders gave the diamond to King Edward. The Cullinan was eventually cut into nine large diamonds and 100 smaller ones, and the three largest of these are on display in the Tower of London as part of the crown jewels.
Diamonds are formed hundreds of kilometers below the surface, as carbon is squeezed under intense temperatures and pressures. Kimberlite pipes bring the gems to the surface in eruptions that sometimes rise faster than the speed of sound. The pipes are rare. Of the more than 6000 known kimberlite pipes in the world, about 600 contain diamonds. Of these, only about 60 are rich enough in quality diamonds to be worth mining. West Africa has many “artisanal” operations in which people sift through river sediments for the occasional diamond eroded from a kimberlite pipe upstream. But a few pipes have been found in the thick jungle.
Africa is the world’s largest producer of diamonds, producing as much as 50% of global production. To date, Africa has produced over 75%, in value, of the world’s diamonds with more than 1.9 billion carats worth an estimated $US 158 billion mined. Angola, Botswana and South Africa are leading producers of diamonds.
Mining activities are centered around South Central Africa, with diamonds being produced primarily from kimberlite mines (South Africa, Angola, DRC, Ghana, Tanzania, Lesotho and Botswana), followed by alluvial dredging operations (Angola, CAR, Namibia and South Africa) and offshore marine diamond activities (South Africa and Namibia).
Before any actual mining even takes place, prospectors need to locate diamond sources first. To hit pay dirt and get to the larger sized rough crystals, geologists follow the trail of secondary diamond sources to determine where the primary sources of pipe deposits are.
Once the pipes are found and the presence of diamonds is proven true and profitable, shanks are inserted into the ground at the ore-bearing pipes and huge amounts of soil are extracted. In order to make mining efficient and effective, the raw rock and soil are typically not examined on-site.
Instead, they are transported to special plants where the ore is processed and the rough diamonds are extracted. Depending on how rich the ore is, a few hundred tons of ore might be sieved just to produce a single carat of gem quality rough diamonds.
Even after extraction, the precious gem is still far from being set in an engagement ring. Rough stones are then sorted into various gem-quality categories and industrial-specific grades. Thereafter, the roughs are sold, cut, polished and commercialised.
An estimated 10 million people globally are directly or indirectly supported by the diamond industry. From the countries where they are sourced to the countries where they are polished and sold, diamonds are supporting millions of people globally. In the African country of Namibia, the diamond mining industry is the largest single employer after the government. In Botswana approximately 25% of the labour force is directly or indirectly linked to diamonds.
“A Diamond is Forever” – NW Ayer Agency – One particular diamond producer got all the credit for this sentence that forever changed an industry, but the actual statement was delivered by an advertising agency. Before this impressive marketing campaign, diamonds were not necessary identified with romance, marriage or engagement. They were considered decorative jewellery and used for a variety of purposes. Then came the brilliant strategy of linking diamonds to the most sacred and beloved of American institutions; the wedding ceremony. However, one can’t truly say that prior to the 20th century, no lover had ever thought of diamonds as a romantic gift – in fact, one of the most famous diamond gifts in history was a diamond necklace given by Napoleon Bonaparte to Marie Louise.
And to end on a humorous note: “I never worry about diets. The only carrots that interest me are the number you get in a diamond.” ― Mae West
Africa’s construction industry is experiencing a significant upswing. The project and tender services of Leads 2 Business help business owners position their companies to maximise the opportunities presented by the infrastructure development boom across Africa.
The construction landscape in Africa has shifted dramatically in the last 10 years, staying ahead requires your business to be flexible and open to challenges.
In South Africa there has been an upswing in the construction industry outlook with the FNB/BER building confidence index breaking through the key 50 point mark for the first time since 2007 Q4, the slower growth in residential building is being offset by sustained growth in non-residential building work. An increase in architect and quantity surveyor activity suggests that the recovery in the building sector has not lost momentum.
Presently, the market is favouring the world’s second largest continent with at least 223 billion dollars’ worth of mega projects already underway in Africa.
Standard Chartered Bank is forecasting that Africa will grow by 7% pa over the next 20 years and the International Monetary Fund projects that between 2011 and 2015, seven of the ten fastest growing countries globally will be African.
In Ethiopia the concrete skyline of Addis Ababa is dotted with cranes and scaffolding, sandy tracks are being dug up to be replaced by paved roads, the construction boom, funded by both public and private sectors is being driven by the country’s rapid economic growth. Reuters reports that Africa’s middle classes are growing, providing the backbone of an economic revolution that is attracting billions of dollars of foreign capital and changing the face of the poorest continent.
Further afield, Tanzania and Burundi have recently signed a Memorandum of Understanding for the joint construction of a 195km railway line worth TSh 1 Trillion (over 1 billion Rand), whilst Kenya plans on borrowing $2 billion to refinance an existing loan of $600 million to fund the construction of infrastructure projects.
Positioned for Opportunities
“This is all positive and upbeat news, indeed” states Victor Terblanche, CEO and founder of project and tender research company, Leads 2 Business “to benefit, you need to position your business, be prepared and know when to act by staying abreast of industry changes and by knowing what’s in the pipeline. With careful planning, your business will be positioned to grasp the opportunities presented by the infrastructure development boom across Africa.”
Leads 2 business researches project and tender information and is strategically aware of the significant fluctuations within the industry. Construction developments in Africa make up a substantial percentage of the project and tender notifications we publish and in the last few years we have seen a steady increase in the subscription to our Africa project and tender services. We actively research in 25 out of the 57 countries in Africa and remain flexible, so as and when the need is present and significant, we add new regions. Last year we published over 53 000 tenders from Africa specifically related to construction.”
“Obviously one needs to do one’s research and be mindful, business models and methods differ vastly from country to country and you don’t want to be caught on the back foot of your decision, but in saying that I do not believe we can afford to pass up opportunities because of scepticism of the African market. There are opportunities out there, you just need to be informed and in a position to take them” concludes Terblanche, “and this is where a niche construction industry resource such as Leads 2 Business plays a pivotal role.”
For more information on Leads 2 Business, please visit www.L2B.co.za
I started my journey at Leads 2 Business in 2004 as an account executive. In 2006 I moved over to MAPRO (Marketing, Advertising and PRO), and in 2012 I became a Director. It’s exceptionally rewarding being a part of the Leads 2 Business team. I’m incredibly proud of the achievements and business ethos and I’ve always firmly believed we offer a valuable service, fine-tuned to our subscriber needs. I am a Mom of two beautiful children, a lover of human interaction, laughter and light, sprinkled with a generous dose of fun.
