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Making Money Africa Boom
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ElJefe Offline
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Post: #26
RE: Africa Boom
I take it all back.

If you're a cowboy, go for it!

A year from now you'll wish you started today
(This post was last modified: 07-13-2012 03:18 PM by ElJefe.)
07-13-2012 03:16 PM
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michelin Offline
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Post: #27
RE: Africa Boom
Pepini, what about the girls in Angola?

Perhaps you should think about some Data-sheet...?

"Fart, and if you must, fart often. But always fart without apology. Fart for freedom, fart for liberty, and fart proudly" (Ben Franklin)
07-29-2012 11:36 AM
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Moma Offline
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Post: #28
RE: Africa Boom
(07-29-2012 11:36 AM)michelin Wrote:  Pepini, what about the girls in Angola?

Perhaps you should think about some Data-sheet...?

Pitt used to work in Angola. Here is his datasheet.

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07-29-2012 02:59 PM
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michelin
that guy Offline
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Post: #29
RE: Africa Boom
Not to give too much info for reasons. . . but here's a bit of knowledge and I'm sure if you have the motivation to actually do something you will figure out the rest.

Construction equipment, specifically dump trucks. Make sure it can handle off road driving, american vehicles are pretty rare as many of them are built for roads. Anyway, certain countries in Africa that are developing quickly have a strong need for dump trucks and other construction equipment. If you are moving over there or have people you strongly trust, you could buy one, ship it there, get a driver and rent it for use. Your going to need the connects beforehand of course. Obviously your going to need very strong connects, because if you don't do your homework you will get fucked.

Not trying to be an asshole by intentionally not giving more info than I have, but hey I need to make money too.
08-08-2012 06:55 PM
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DjembaDjemba Offline
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Post: #30
RE: Africa Boom
Looks like the growth is localized continentally and still going strong. This may be a good opportunity to look at something long term.


http://www.forbes.com/sites/mfonobongnse...llion-man/


Quote:Aliko Dangote Is Africa's First $20 Billion Man
Nigerian billionaire and Africa’s richest man Aliko Dangote has become the first African entrepreneur to lay claim to a $20 billion fortune as the stock value of his largest holding, Dangote Cement, leaped just about three-fourths since March when Forbes released its annual ranking of the world’s richest people.

Quote:Put into context, the Nigerian billionaire is now among the top 25 richest people in the world, richer than Russia’s richest man, Alisher Usmanov, richer than India’s Lakshmi Mittal and running neck and neck with India’s Mukesh Ambani. He is catching up to such Americans as Google’s billionaire founders Larry Page and Sergey Brin.

Quote:Dangote debuted on the FORBES billionaires list in 2008 with a fortune we pegged at $3.3 billion. His fortune dropped to $2.5 billion in 2009 and plunged further to $2.1 billion in 2010. His fortune surged 557% in 2011 to $13.8 billion after he took Dangote Cement public. He dropped to $11.2 billion in last year’s rankings, but rebounded at $16.1 billion this year. Since March, his fortune has jumped another 30%.

Someone's getting rich there. In the next decade there will be many of these local companies taken public. They're working in an undercapitalized market and the potential for stock growth is incredible. The dividend payout could also be lucrative.

http://www.reuters.com/article/2013/09/0...7X20130906

Quote:Dangote Group will put $3 billion of its own equity into the project, it said this week, down from a previously planned $3.5 billion. It is seeking a further $2.25 billion from development funds for the $9 billion plant project, which will also produce fertilisers.

Nigeria imports 80 percent of its fuel needs and the lack of refining capacity is a major brake on Africa's second biggest economy.

A boost to its refining capacity would be a blow to European refiners and oil traders, which make huge profits bringing gasoline into the country.

The company expects the refinery to be completed around 2016.

For those of us getting experience in the Canadian and American oil industry, this could be a good opportunity to work/bring our expertise to the area in the next decade.

http://www.forbes.com/sites/mfonobongnse...-to-watch/

Quote:Ladi Delano, Nigerian

Age: 30

Founder and CEO, Bakrie Delano Africa

The jet-setting Nigerian serial entrepreneur made his first millions as a liquor entrepreneur while living in China. In 2004, at age 22, he founded Solidarnosc Asia, a Chinese alcoholic beverage company that made Solid XS, a premium brand of vodka. Solid XS went on to achieve over 50% market share in China and was distributed across over 30 cities in China, and pulled in $20 million in annual revenue. Delano subsequently sold the company to a rival liquor company for over $15 million and ploughed his funds into his next venture-The Delano Reid Group, a real estate investment holding company focused on mainland China.

Quote:Herman Heunis, Namibian

Source: messaging services

Heunis was the original founder of MXit, Africa’s largest social network and the continent’s first mobile instant messenger. About 20 million people in more than 120 countries across the world now use MXit. The service runs on multiple mobile and computing platforms. In September 2011, World Of Avatar, an investment company founded by South African millionaire Alan Knott Graig Jr., acquired MXit from Herman Heunis for over $50 million.

Even cashing in as far China in its boom.

As the money in Europe starts to dry up, it's starting to flow down in that part of the world.

I'd watch many of the small start ups and learn a thing or two. There's definitely opportunities for investment.
09-12-2013 03:54 PM
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numanist Offline
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Post: #31
RE: Africa Boom


09-15-2013 11:52 PM
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Starke Offline
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Post: #32
RE: Africa Boom
Whitestagram

A smartphone app (preferably for iPhone first, its users cherish the inane) which allows South/West African to put down the bottles of peroxide and instead automatically whiten their skin in photos using the power of the internet.

Someone get on it. And find a good glazing company too, in case Tumblr finds out who is behind this monstrous app...
09-17-2013 07:18 PM
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Hencredible Casanova
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Post: #33
RE: Africa Boom


09-17-2013 08:09 PM
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