China to loan Guinea $20 bln in exchange for minerals

bauxite unloading (1)

A ship carrying bauxite from Guinea is unloaded at a port in Yantai, Shandong province, China May 15, 2017. REUTERS/Stringer

China agreed on Wednesday to loan Guinea $20 billion over almost 20 years in exchange for mineral concessions focused mainly on bauxite, an ore of aluminium which the West African country has in abundance, the mines minister said.

The projects guaranteed by the loan included China Power Investment Corp’s planned alumina refinery and Aluminium Corp of China’s (Chalco) bauxite project, both in Boffa, northwest Guinea, Mines Minister Abdoulaye Magassouba told Reuters.

Originally reported by Reuters.

Remember, no problem has a quick fix solution. Thus, always ensure to consult highly knowledgeable group of professionals whom would provide you with a collective advice, never individual advice. This group advice and approach is unique with CWIIL Group and is based on the overall Management Philosophy of all CWIIL Group Companies.

Consulting CWIIL Group of Companies, for any / all investment matters ensures advice based on highest level of knowledge which are given to you by a team of select research-oriented experts whom each will do their own assessment of your matter, and also assess it together, thus ensuring that in case a mistake has been made by one, it will be noticed and corrected even before it is being passed on to you. Receiving incorrect and un-knowledgeable investment advice can be disastrous and thus should be avoided.

CWIIL Group of Companies is a global group of multi-specialized units with diversified interests and activities, wherein each company is a separate legal entity registered under prevailing laws in different parts of the world. CWIIL Group of Companies Products, Services, Project and Solutions are in a multitude of Verticals including, but not limited to, Infrastructure, Power, Oil & Gas, Legal, Media, Technology, ITES, HR, Shipping, Aviation, Real Estate, Hospitals, Health and Medicine, Education, Funding & Investment, Business and Legal Consultancy, and Public Private Partnerships, and other CWIIL Group Units, worldwide, to name a few.

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Russia’s Rosgeo in $400 mln deal to drill for South African gas

The Homer Ferrington gas drilling rigis seen during President Demetris Christofias' visit in the east Mediterranean, Nicosia

The Homer Ferrington gas drilling rig, operated by Noble Energy and drilling in an offshore block on concession from the Cypriot government, is seen during President Demetris Christofias’ visit in the east Mediterranean, Nicosia November 21, 2011. REUTERS/Cyprus Public Information Office/Handout/File Photo

Russian exploration company Rosgeo will drill for gas off the southern coast of South Africa under a $400 million deal with PetroSA to help build the African country’s reserves.

The agreement announced on Monday comes against a backdrop of declining domestic gas reserves that have curtailed output at PetroSA’s gas-to-liquid plant in Mossel Bay.

“The project envisages extraction of up to 4 million cubic metres of gas daily. This will subsequently be delivered to PetroSA’s gas-to-liquids refinery,” PetroSA said in a statement.

The deal was signed on the sidelines of the BRICS block of developing nations meeting in Xiamen, China, and will see Rosgeo use seismic and drilling vessels to explore South Africa’s south coast, where Total also had acreage.

Originally reported by Reuters.

Remember, no problem has a quick fix solution. Thus, always ensure to consult highly knowledgeable group of professionals whom would provide you with a collective advice, never individual advice. This group advice and approach is unique with CWIIL Group and is based on the overall Management Philosophy of all CWIIL Group Companies.

Consulting CWIIL Group of Companies, for any / all investment matters ensures advice based on highest level of knowledge which are given to you by a team of select research-oriented experts whom each will do their own assessment of your matter, and also assess it together, thus ensuring that in case a mistake has been made by one, it will be noticed and corrected even before it is being passed on to you. Receiving incorrect and un-knowledgeable investment advice can be disastrous and thus should be avoided.

CWIIL Group of Companies is a global group of multi-specialized units with diversified interests and activities, wherein each company is a separate legal entity registered under prevailing laws in different parts of the world. CWIIL Group of Companies Products, Services, Project and Solutions are in a multitude of Verticals including, but not limited to, Infrastructure, Power, Oil & Gas, Legal, Media, Technology, ITES, HR, Shipping, Aviation, Real Estate, Hospitals, Health and Medicine, Education, Funding & Investment, Business and Legal Consultancy, and Public Private Partnerships, and other CWIIL Group Units, worldwide, to name a few.

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Kenya brings in world’s toughest plastic bag ban

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 Plastic bags stick out of a pile of rubbish in the Kibera slum in Nairobi, Kenya. Photograph: Daniel Irungu/EPA

Kenyans producing, selling or even using plastic bags will risk imprisonment of up to four years or fines of $40,000 (£31,000) from Monday, as the world’s toughest law aimed at reducing plastic pollution came into effect.

The east African nation joins more than 40 other countries that have banned, partly banned or taxed single use plastic bags, including China, France, Rwanda, and Italy.

Many bags drift into the ocean, strangling turtles, suffocating seabirds and filling the stomachs of dolphins and whales with waste until they die of starvation.

“If we continue like this, by 2050, we will have more plastic in the ocean than fish,” said Habib El-Habr, an expert on marine litter working with the UN environment programme in Kenya.

Plastic bags, which El-Habr says take between 500 to 1,000 years to break down, also enter the human food chain through fish and other animals. In Nairobi’s slaughterhouses, some cows destined for human consumption had 20 bags removed from their stomachs.

“This is something we didn’t get 10 years ago but now it’s almost on a daily basis,” said county vet Mbuthi Kinyanjui as he watched men in bloodied white uniforms scoop sodden plastic bags from the stomachs of cow carcasses.

Kenya’s law allows police to go after anyone even carrying a plastic bag. But Judy Wakhungu, Kenya’s environment minister, said enforcement would initially be directed at manufacturers and suppliers.

It took Kenya three attempts over 10 years to finally pass the ban, and not everyone is a fan.

Samuel Matonda, spokesman for the Kenya Association of Manufacturers, said it would cost 60,000 jobs and force 176 manufacturers to close. Kenya is a major exporter of plastic bags to the region.

“The knock-on effects will be very severe,” Matonda said. “It will even affect the women who sell vegetables in the market – how will their customers carry their shopping home?”

Big Kenyan supermarket chains like France’s Carrefour and Nakumatt have already started offering customers cloth bags as alternatives.

Originally reported by the Guardian.

Remember, no problem has a quick fix solution. Thus, always ensure to consult highly knowledgeable group of professionals whom would provide you with a collective advice, never individual advice. This group advice and approach is unique with CWIIL Group and is based on the overall Management Philosophy of all CWIIL Group Companies.

Consulting CWIIL Group of Companies, for any / all investment matters ensures advice based on highest level of knowledge which are given to you by a team of select research-oriented experts whom each will do their own assessment of your matter, and also assess it together, thus ensuring that in case a mistake has been made by one, it will be noticed and corrected even before it is being passed on to you. Receiving incorrect and un-knowledgeable investment advice can be disastrous and thus should be avoided.

CWIIL Group of Companies is a global group of multi-specialized units with diversified interests and activities, wherein each company is a separate legal entity registered under prevailing laws in different parts of the world. CWIIL Group of Companies Products, Services, Project and Solutions are in a multitude of Verticals including, but not limited to, Infrastructure, Power, Oil & Gas, Legal, Media, Technology, ITES, HR, Shipping, Aviation, Real Estate, Hospitals, Health and Medicine, Education, Funding & Investment, Business and Legal Consultancy, and Public Private Partnerships, and other CWIIL Group Units, worldwide, to name a few.

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Djibouti Opens New Port as Part of $7 bln/year Free-Trade Zone Plan

dj-mapDjibouti has formally opened one of four new ports designed to cement the tiny Horn of Africa nation’s position as a continental hub, a statement from the ports authority said on Wednesday.

Doraleh Multipurpose Port has been substantially upgraded as part of a Chinese-backed plan to establish Africa’s largest free-trade zone that can handle $7 billion of goods a year.

“The port of Djibouti is a gateway to one of the fastest growing regions of the world with 30,000 ships transiting the port each year,” the statement said.

“Located on two of the three busiest shipping routes in the world, the port provides a strategic platform for maritime activity connecting Asia, Africa, and Europe.”

Tiny Djibouti, with a population of 876,000, has long punched above its weight. It hosts large U.S. and French naval bases; China is also building a naval base. Djibouti also handles roughly 95 percent of the inbound trade for neighbouring Ethiopia, population 99 million.

Doraleh’s bulk terminal can handle 2 million tons of cargo a year, and offers space to store 100,000 tons of fertilizer, 100,000 tons of grain, and warehouses for other goods.

The break bulk terminal can handle 6 million tons of cargo annually, the statement said, and there are 40,000 slots for vehicles at the RO-RO terminal.

Two other ports designed to export salt and potash will open next month.

Djibouti mainly handles goods from Asia, representing nearly 60 percent of traffic, the statement said. In 2015, overall traffic to Djibouti increased 20 percent to 5.7 million tonnes.

Originally reported by Reuters.

Remember, no problem has a quick fix solution. Thus, always ensure to consult highly knowledgeable group of professionals whom would provide you with a collective advice, never individual advice. This group advice and approach is unique with CWIIL Group and is based on the overall Management Philosophy of all CWIIL Group Companies.

Consulting CWIIL Group of Companies, for any / all investment matters ensures advice based on highest level of knowledge which are given to you by a team of select research-oriented experts whom each will do their own assessment of your matter, and also assess it together, thus ensuring that in case a mistake has been made by one, it will be noticed and corrected even before it is being passed on to you. Receiving incorrect and un-knowledgeable investment advice can be disastrous and thus should be avoided.

CWIIL Group of Companies is a global group of multi-specialized units with diversified interests and activities, wherein each company is a separate legal entity registered under prevailing laws in different parts of the world. CWIIL Group of Companies Products, Services, Project and Solutions are in a multitude of Verticals including, but not limited to, Infrastructure, Power, Oil & Gas, Legal, Media, Technology, ITES, HR, Shipping, Aviation, Real Estate, Hospitals, Health and Medicine, Education, Funding & Investment, Business and Legal Consultancy, and Public Private Partnerships, and other CWIIL Group Units, worldwide, to name a few.

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China’s Sinoma to build $1 bln cement plant in Tanzania

China’s state-run Sinoma International Engineering Co. will start work in May to build a $1 billion cement factory in Tanzania, the East African country’s prime minister’s office said.

The cement factory to be built on the Tanzanian coastal town of Tanga will primarily target export markets in neighbouring Democratic Republic of the Congo (DRC), Uganda and Sudan.

“About 70 per cent of the cement output will be exported, with the remaining 30 per cent to be sold in the domestic market,” the prime minister’s office said in a statement late on Tuesday.

“The company will also build a wharf (at the Tanga port) to facilitate export of cement from the plant.”

The statement did not give details of the estimated capacity of the proposed factory.

Prime Minister Kassim Majaliwa held talks on Tuesday with the president of China National Building Materials Group Corp (CNBM), the Asian country’s biggest construction materials producer, to discuss the project.

Cement makers present in Tanzania include Dangote Cement, a unit of Nigeria’s Dangote Cement, Kenya’s ARM Cement and subsidiary plants of Germany’s Heidelberg Cement AG, Afrisam Mauritius Investment Holdings Limited and France’s Lafarge SA.

Tanzania produces around 7 million tonnes of cement a year, with demand seen growing at close to 10 per cent per annum, according to government estimates.

Cement consumption is viewed as a gauge of construction activity, one of the main drivers of economic growth in the country.

Originally reported by Reuters.

Remember, no problem has a quick fix solution. Thus, always ensure to consult highly knowledgeable group of professionals whom would provide you with a collective advice, never individual advice. This group advice and approach is unique with CWIIL Group and is based on the overall Management Philosophy of all CWIIL Group Companies.

Consulting CWIIL Group of Companies, for any / all investment matters ensures advice based on highest level of knowledge which are given to you by a team of select research-oriented experts whom each will do their own assessment of your matter, and also assess it together, thus ensuring that in case a mistake has been made by one, it will be noticed and corrected even before it is being passed on to you. Receiving incorrect and un-knowledgeable investment advice can be disastrous and thus should be avoided.

CWIIL Group of Companies is a global group of multi-specialized units with diversified interests and activities, wherein each company is a separate legal entity registered under prevailing laws in different parts of the world. CWIIL Group of Companies Products, Services, Project and Solutions are in a multitude of Verticals including, but not limited to, Infrastructure, Power, Oil & Gas, Legal, Media, Technology, ITES, HR, Shipping, Aviation, Real Estate, Hospitals, Health and Medicine, Education, Funding & Investment, Business and Legal Consultancy, and Public Private Partnerships, and other CWIIL Group Units, worldwide, to name a few.

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China Announces Ban on Ivory Trade by End of 2017

african-elephant-heard-bw

China will ban all domestic ivory trade and processing by the end of 2017, a move described by activists as a potential “game changer” for African elephants.

African ivory is highly sought after in China, where it is seen as a status symbol, and prices can reach as high as $1,100 a kg.

“China will gradually stop the processing and sales of ivories for commercial purposes by the end of 2017,” the official Xinhua news agency said on Friday, citing a government statement.

The announcement follows China’s move in March this year [2016 red.] to widen a ban on imports of all ivory and ivory products acquired before 1975 after pressure to restrict a trade that sees thousands of elephants slaughtered every year.

Xinhua said the complete ban would affect “34 processing enterprises and 143 designated trading venues, with dozens to be closed by the end of March 2017”.

“This is great news that will shut down the world’s largest market for elephant ivory,” Aili Kang, executive director of the Wildlife Conservation Society in Asia, said in a statement.

“I am very proud of my country for showing this leadership that will help ensure that elephants have a fighting chance to beat extinction. This is a game changer for Africa’s elephants.”

Conservationists estimate that more than 20,000 elephants were killed for their ivory last year, with similar tolls in previous years.

The WWF campaign group says 415,000 of the animals remain.

The Convention on International Trade in Endangered Species of Wild Fauna and Flora (CITES), which took effect in 1975, banned ivory trade in 1989.

Like other countries, China permits the resale of ivory bought before the ban, and also has a stockpile purchased with CITES approval in 2008, which it releases for sale with certification.

WWF also praised China’s move to a complete ban but called on the Chinese territory of Hong Kong to bring forward a plan to end its ivory trade by 2021.

“With China’s market closed, Hong Kong can become a preferred market for traffickers to launder illegal ivory under cover of the legal ivory trade,” said Cheryl Lo, senior wildlife crime officer at WWF.

Originally reported by Al Jazeera.

Note: An Al Jazeera undercover team penetrated the network of dealers, agents and traffickers who profit from the multi-million dollar trade in Rhino horn. An illegal business that is decimating the Rhino population close to the point of extinction – a video on the investigation published on November 12, 2016 can be viewed here.

Remember, no problem has a quick fix solution. Thus, always ensure to consult highly knowledgeable group of professionals whom would provide you with a collective advice, never individual advice. This group advice and approach is unique with CWIIL Group and is based on the overall Management Philosophy of all CWIIL Group Companies.

Consulting CWIIL Group of Companies, for any / all investment matters ensures advice based on highest level of knowledge which are given to you by a team of select research-oriented experts whom each will do their own assessment of your matter, and also assess it together, thus ensuring that in case a mistake has been made by one, it will be noticed and corrected even before it is being passed on to you. Receiving incorrect and un-knowledgeable investment advice can be disastrous and thus should be avoided.

CWIIL Group of Companies is a global group of multi-specialized units with diversified interests and activities, wherein each company is a separate legal entity registered under prevailing laws in different parts of the world. CWIIL Group of Companies Products, Services, Project and Solutions are in a multitude of Verticals including, but not limited to, Infrastructure, Power, Oil & Gas, Legal, Media, Technology, ITES, HR, Shipping, Aviation, Real Estate, Hospitals, Health and Medicine, Education, Funding & Investment, Business and Legal Consultancy, and Public Private Partnerships, and other CWIIL Group Units, worldwide, to name a few.

For Queries Feel Free to Contact :

Mr. Mohammad Mukhtar Mustafa,
Deputy Global Director, No. 4,
Strategic Business & Intelligence Division,
Email : deputy.gd.4@cwiilgroup.eu
Voice : +45.8176.1923
Connect : LinkedIn – Twitter – Facebook – Quora

For Queries Specific to Africa :
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Office Hours :
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How Haidar el Ali Became one of Africa’s Best-Known Environmentalists

Haidar el Ali started out in his family’s furniture business but then dedicated his life to protecting the oceans and other habitats.

At 25 years old, Haidar el Ali had a vision that changed his life.

Like most Lebanese in Senegal, Mr. Ali came from an entrepreneurial family. It had several furniture stores and workshops spread across Dakar’s densely packed Médina neighborhood. Every morning at 7 o’clock, Ali would join his father for a quick cup of coffee and chat before they started work. But one morning, while crossing the street, Ali had a moment he can only describe as “mystical.”

“Suddenly I saw myself sitting in my dad’s place waiting for my own son. My entire life as a businessman flashed before my eyes,” he explains. “By the time I reached my dad, I told him I needed to change my life. The next day I quit. Everyone was asking what happened to me, but honestly, I didn’t know.”

It wasn’t until a couple of years later that Ali understood. He had always been drawn to nature. It wasn’t unheard-of for him to spend weeks on end in the forest, away from the consumerism attending urban life back in Dakar. So Ali made a decision. He turned his passion for the environment into a vocation for life.

To some, his next steps might not seem to make sense: He got trained as a professional scuba diving instructor in France, and shortly thereafter he opened a diving company in Dakar. But as Ali describes it, the move makes perfect sense.

“What I really wanted to do was speak out against how we were destroying our ocean,” he says. “Fishermen were, at this time, still using explosives to catch their food, and I started to film what I was seeing underwater – how the natural ecosystems were being destroyed and degraded by human activity. I took these images to villages and then to the media, which ended up getting a lot of attention. This ultimately gave me the courage to follow my dreams.”

Ali’s parents were immigrants from Lebanon who “got stuck” in this small West African country en route to the United States in the 1930s, and it took them some time to understand why their son would abandon a life of security and comfort. But Ali says he was simply being true to himself.

And he has become one of Africa’s best-known environmentalists, holding several notable positions. He has been indispensable to the work of Oceanium, an environmental nongovernmental organization based in Dakar that he joined in 1985. Almost three decades later, from 2012 to 2014, Ali served in Senegal’s government, as minister of environment and then as minister of fisheries. He also heads the country’s Green Party (FEDES).

Ali is passionate when talking about the planet, raising the alarm about its future.

“Our environment is being attacked. And it’s so easy to kill, because trees don’t cry and branches don’t fall on traffickers,” says Ali, who is now in his 60s. “Unfortunately for us, we are headed towards a place of no return. Time is not on our side.”

Of course, he has not sat idly by. In addition to trying to protect the underwater world, he has also taken up land management and reforestation projects, which he has done with Oceanium. Ali served as the organization’s president for several years, and he is now an honorary member.

The Challenges For Forests

Senegal’s forests have faced multiple challenges. Severe droughts hit the country in the 1970s and ’80s, and the rise in urbanization cleared thousands of acres of trees. Mangroves – one of the richest ecosystems in the world – have been especially affected.

Approximately 133,000 acres of mangroves disappeared in Senegal between 1980 and 2005, according to a study by the United Nations’ Food and Agriculture Organization. The study estimates that as of 2005, about 284,000 acres were left, mostly in the country’s lush and tropical southern Casamance region. These tidal shrublike trees help deter land erosion; provide homes to numerous fish, mollusks, and crabs; and have carbon-sequestering capabilities greater than those of rainforests.

To help fight against mangrove degradation, Ali, through Oceanium, organized massive replanting efforts with hundreds of villages in Casamance, where he is now based. This region is the greenest part of Senegal and was once referred to as the country’s breadbasket, but it’s been far from immune from environmental problems.

Between 2006 and 2012, countless villagers helped replant about 35,000 acres in Casamance, and another 2,500 or so acres were replanted elsewhere in Senegal. It’s one of the largest mangrove replanting efforts in the world.

Ali has worked with coordinators spread across the country who help organize seed distribution among residents.

“Before Haidar came, we didn’t have nearly the number of fish or birds that we do now,” says Aliou Badiane, a planting coordinator with Ali since 2008 who’s based in a Casamance village with no running water or electricity. “The hardest part [for us] is collecting seeds, but now we have a planting system in place that’s saving us.”

Denouncing Loggers

Ali and his network have also devoted attention to a forest restoration project to protect rosewood trees. They’re denouncing the loggers who are illegally transporting these trunks into neighboring Gambia, where they’re shipped to China. As a result of the scrutiny, tree-cutters are not able to cut as much wood, which has driven up the cost of it. A year ago, a 6-1/2-foot trunk sold for 10,000 CFA francs ($17). Today, the same size runs 10 times that price.

“The increase in the selling price proves we are making their work harder,” says Ali, who says forest rangers alert the network two or three times a day about any environmental threats they witness. “Just today, for example, I got an alert of some 5,000 tree trunks found. I’ll first send some other people over to look; then I will go back myself. If this is verified, I’ll call the press to denounce it.”

According to Ali, politicians might say they’re against illegal logging, but on the ground nothing ever changes. “The government is quick to say they encourage me [in my work], but it ends there,” he says. “In my mind it’s never a question of means. It’s one of human determination and will.”

“Haidar is a man of his word,” attests Jean-Michel Kornprobst, professor emeritus of science at the University of Nantes in France, who established Oceanium in 1984, a year before Ali joined. “He has never used his environmental efforts – for which he is so strongly physically and intellectually-linked – for his own personal gain…. [He] is fundamentally honest and is genuinely fighting for future generations…,” says Professor Kornprobst, who commented via email.

Going the Extra Mile

Ali’s tree planting is fueled today as much by personal conviction as by the desire to ensure that the trees, butterflies, and fish are around for “his greatest successes” – his two youngest children, ages 1 and 3. And not only does Ali practice what he preaches, but he also goes the extra mile to compel others to follow suit.

“I’m someone who can’t tell people to plant trees if I’m not doing it myself,” he says. “In my tree nursery [just outside Casamance’s capital city, Ziguinchor], I planted some 20,000 trees of all different types – from mahogany and rosewood to orange, grapefruit, avocado, and palmyra palms. And when I travel from Dakar to Ziguinchor [about 280 miles], I take the car just so that I can personally give out seeds in every village I go through. It’s a fastidious job, but it works.”

According to Ali, Senegal can be a role model for the rest of the region, and even the world, on how people can fight to preserve a natural way of life.

“I’m an optimist because I believe in humanity and the force of humans to react,” he says. “I believe in a nonviolent citizen revolution that is aware of our power to change things and is aware of our potential as the solution. And I see this movement taking hold a bit all over the world. People are starting to become more aware that having a love for all that is living is primordial for the survival of humanity.”

Originally reported by the Christian Science Monitor.

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