Chapter 445: Reversal (2)

In the aftermath of the Tellero crackdown, the situation in Akwa was turbulent, with the Kanter protesting on a larger scale in various places, forcing Seviyi to finally compromise in early November by dismissing his second son, Hosseini Savei, from the police headquarters and setting up a commission of inquiry.

And on November 10, Cao Mo returned to Dahomey.

Negotiations for a three-month business partnership with Asamo Gian and other moderate Kantes under the auspices of Xie Sipeng had been slow to make real progress, but the situation was quickly reversed in the aftermath of the Collero crackdown.

Asamo Gian and other moderate chiefs of the Eter ethnic group, in addition to not seeing any tangible benefits that the arrogant and powerful Evans Foundation can bring to them, are more worried that if their attitude continues to be ambiguous, there will be serious divisions within the Etes, and it may even cause the radicals to incite the ethnic groups to spread their resentment like a powder keg on their heads, and be forced to simply cut off the ties with the Evans Foundation and launch a non-cooperative resistance movement against Saweiyi.

Although the Saweiyi authorities have made compromises, and Asamo Gian is more inclined to accept compromises, he needs to take concrete action to appease the radicals within the community, and at the same time need to have strong capital backing to maintain a moderate confrontation with the Saviyi authorities.

In this context, the business cooperation agreement between Tianyue and ETR people has fully blossomed and taken root rapidly.

The Gulf of Guinea Shipping and Trading Company was the first to sign an agreement with the Port of Dahomey to form a new joint venture Dahomey Ports Co., Ltd., with a US$5 million injection from the Gulf of Guinea Shipping in exchange for a 60% stake in the new port company.

In addition to launching the transit transportation services of timber, palm oil, cocoa beans and other bulk materials at the Port of Dahomey, the Gulf of Guinea Shipping and Trading Company will also send a team to take over the operation and management of the port and immediately start the transformation of the integrated transit terminal.

The Conero Lake Port Terminal will be handed over to Draculamo Port Group for operation and management after completion according to the agreement, but Cao Mo has also started the construction of 10,000-ton bulk and larger-scale cement terminals on the north shore of Lake Conero Lake in recent years, and has also cultivated a qualified team responsible for the operation and management of small and medium-sized ports.

The Port of Dahomey, not a fishing port, has only a small, outdated timber wharf that, even if renovated as planned, would only be able to berth 10,000-ton barges at high tide.

The loading and unloading business at the Port of Dahomey, in the eyes of the Gulf of Guinea shipping company, is as thin as a strip of meat, and there is really no chew.

However, Cao Mo's intention to push the Kanter people to fight for the establishment of a special economic zone in Dahomey with a focus on export processing industries – this would require the Ethiopians to fight for the Saweiyi authorities, and it might take some time to produce results, but the planning for the construction of a 30,000-ton comprehensive berth in the southeast of the old port and the construction of an export processing industrial park around the new port began immediately.

In addition to better encouraging the young and middle-aged people of the Kante people and various other resources to gather in Dahomey, so that the Kante people can finally have a certain economic initiative, it is also conducive to further improving the living conditions of the descendants of the colonists in Akwa, which is also an important place for Cao Mo and Juan Mantal to discuss and encourage the descendants of the colonists to gather and settle.

The Kanter make up less than 30% of Akwa's population, totaling about 9 million people, and Dahomey alone has nearly a million Kantes, a far more than the descendants of Akwa's colonists, who have a total population of just over 600,000.

For the past two or three hundred years, the Kant people have been used by colonial rulers to rule the region, and they are considered the middle class of Akwa.

In addition to being more concentrated in the southern coastal region of Akwa, they are better educated than the Akkans in general, and much more obedient than the local Akkans, because of their historical origins, they are more receptive to the descendants of the colonizers, and they do not have a particularly strong anti-colonial ideology.

Therefore, Juan Mantar wants to focus on the development of communities inhabited and multiplied by the descendants of the colonists in Akwa, in addition to Drake, and Dahomey is undoubtedly a better choice than the capital port of Pemei.

In Dahomey and its vicinity, there were originally 50,000 or 60,000 descendants of colonists, which was an extremely important gathering area in Akwa.

Cao Mo did not need or could help the descendants of the colonists to move to Benin to settle down.

Doing so would only weaken his future penetration and influence with Akva.

Fulfilling his promise to Juan Mantal, and at the same time, in order to develop Dahomey in the southern part of the port of Peme, the capital of Akwa, in an area where Tianyue can have a high degree of penetration and influence, the construction of a large-scale integrated transit port in Dahomey, and the development of the people's export processing industry, are also the things that Cao Mo must do.

Dahomey should never exist as a relay station for the cross-border grid.

At the same time, Corona Foods and Dongsheng Group signed agreements with Ji'an and other families, and the two companies spent a total of $30 million to directly acquire 5,000 acres of cocoa and oil palm plantations in Dahomey.

In addition, the two companies have signed a cooperation agreement with White Boulder Plantation Co., Ltd., a family led by the Ji'an family, to provide a $10 million annual loan to White Boulder Plantation and reclaim a total of 10,000 acres of new planting land in Dahomey over a period of three to five years.

Aside from the follow-up loans, the two companies of Conero Foods and Dongsheng Group came out with a total of 30 million US dollars in cash this time, and there was no pressure at all, and there was no need to use the money in the total capital pool of Tianyue and Dongsheng.

However, for the Kante people, who have been suppressed by the Saweiyi authorities for more than a decade, the $30 million direct transfer of funds can be regarded as pouring a mouthful of sweet spring water into them when they are hungry and thirsty.

At the same time, in order to appease the anger of the Kante people, the Saweiyi authorities not only promoted a number of plans to stimulate the economic development of Dahomey and other regions, but also quickly approved the establishment of the White Rock Energy Investment Company led by the Ji'an family in Dahomey, and agreed that White Rock Energy Investment, together with Conero Energy and Benin National Power Group, will build a backbone high-voltage transmission network between Dahomey and Cotonou, and approved that the transmission network can be connected to the power grid of the capital Port Pemei after completion.

Prior to this, Conero Energy also negotiated an agreement with the Benin State Power Group to inject US$120 million into the Conuto Power Plant and hold 70% of the equity for joint operation - and this US$120 million, Conero Energy's own funds only invested US$30 million, and the rest of the funds were raised and injected by Tianyue Industrial, which increased Tianyue Industrial's shareholding in Conero Energy to 60%.

Although the operation of the power plant is still largely constrained by the Benin State Power Group, unlike the original wholly-owned acquisition plan, this result is not unacceptable.

In addition to resolving differences as quickly as possible, promoting cooperation, and successfully starting the technical transformation and upgrading of the old power plant before October, the capital injection will save 50 million or 60 million US dollars compared with the original wholly-owned acquisition plan.

The new injection of 120 million US dollars, of which only 60 million US dollars is needed to upgrade the old power plant, and the remaining 60 million US dollars can be used as start-up capital to start the construction of the new thermal power plant in Cotonou with a total investment of 300 million US dollars.

Although the BT (Build-Transfer) and BOT (Build-Operate-Transfer) models are relatively mature in Africa, it is impossible for Beninese officials to negotiate a large thermal power plant with such a huge investment scale and millions of kilowatts of installed capacity if it wants to find a Chinese-funded contractor to advance funds for construction and pay for the construction when it is handed over after construction.

In order to start construction quickly, Cao Mo preferred to raise his own funds.

Prior to this, the construction of the Lunta-Oguta backbone transmission network of Conero Energy and Benin National Power Group was officially laid in early September.

Cao Mo urgently needs to directly control a real large-scale power plant in order to make it possible to truly bring the significance of the cross-border power grid into full play.

Otherwise, when the backbone transmission network to Holome-Cotonou is built, there will only be enough electricity to light up a few street lights in the port every day, isn't it a joke?

In his hands, the cross-border power grid will truly become a bargaining chip that can compete with multiple forces, and ultimately rely on power supply.

In addition to the $60 million start-up capital, if he can't get money from banks and other financial institutions in the future, Cao Mo will give priority to ensuring the construction of the new power plant even if he uses the money in the total capital pool.

The Zum River medium-sized hydropower station officially generated electricity in September, although the annual power generation capacity is limited, but after signing an agreement with the Benin State Power Group, the Zum River and two other medium-sized hydropower stations will be built one after another years before the year, and 200 million kWh will be guaranteed to pass through the special line every year, which will be specially supplied to the new plant built by Conero Cement after the acquisition of the Cotonou cement plant.

When the new plant capacity of Cotonou Cement is released, the cement production capacity of Cornello Cement on the coast of the Gulf of Guinea will be further increased to 6 million tons.

Affected by the impact of the economic crisis and the sharp depreciation of currencies in various countries, the price of finished cement on the Gulf of Guinea coast has fallen to less than 80 US dollars per ton, which has made cement building materials manufacturers on the Gulf of Guinea coast mourn and the place where the corpses are located.

However, Conero Cement relies on stable and cheap power supply, relies on special cement tanks and ships to take the sea route to focus on the market in the coastal area of the Gulf of Guinea, and directly or directly promotes distributors to build hundreds of cement supply stations and concrete mixing stations at the market terminal, so as to reduce the cost of ordinary finished cement to about 50 US dollars.

That is to say, the price of finished cement along the Gulf of Guinea will fall further, but for Conero cement, in addition to temporarily losing the windfall profits of the past, it can guarantee a net cash inflow of more than 20 million US dollars per month, so there is no need to worry about whether the building materials market in the Gulf of Guinea will be further impacted by the economic crisis.

Cao Mo has no intention of investing in a new cement plant or grinding station in Dahomey for the time being, but will also build a large bulk cement supply station.

In addition to this series of investment cooperation agreements, Ibogu Mining has also signed a mineral exploration agreement with the Eiter-dominated Eastern Province in the Black Point Mountain area, which theoretically has the possibility of gold generation in the geological structure of the Black Point Mountain exploration gold resources.

The international gold price fluctuated around $1,000 per ounce for nearly a year, and then rose rapidly at the beginning of the month, climbing to $1,100.

During this time, although too much energy was involved in the critical situation in Akwa, and he almost tried his best to make secret efforts, Cao Mo did not give up his industrial investment in Benin, Kanem and other countries.

Even considering that the Usan River copper-gold mine will inevitably cede considerable benefits, in order to hedge the impact of this uncertainty on the Ibogu mining industry, Cao Mo has been interested in further strengthening his investment in gold mines in Benin, Kanem and other countries in the past three or four months.

In addition to building a new mine in the Oguta and Ibogu mining areas and continuing to tap production capacity, it is also accelerating the competition for deep rock gold resources with European and American gold dealers in West and Central Africa and other countries.

These deep rock gold resources were previously expensive to mine due to the topography, burial depth and content, but now they have become fragrant and sweet.

Of course, it's not appropriate to say that no one cares.

In recent years, the price of gold has soared, and investment companies or individuals of all sizes around the world have come to Africa to cooperate with local governments and tribal chiefs, or collude with shady means to clarify the known mineralization areas, and the prospecting rights are basically in name.

Of course, these people have the prospecting rights in their hands, and there are not many people who really organize forces to explore, let alone raise manpower and a large number of machinery to enter the deep mountains and old forests on a large scale to carry out large-scale mining.

Therefore, although these deep rock gold resources are all famous, they are basically idle there due to various local conditions and the limitations of the miners' own strength, and have not really been developed.

On the one hand, it directly acquires the prospecting rights of those mining areas that have undergone preliminary exploration and can estimate economic reserves, and on the other hand, those mining areas that have not yet carried out substantive exploration operations are to cooperate with the original miners who have the prospecting rights, share the prospecting rights, and invest funds, equipment and manpower to carry out exploration operations.

Tens of millions of dollars have been invested in these two aspects, and tens of millions of dollars will be invested in further exploration in the future, so as to expand the scale of economic gold reserves of Yibogu Mining and lay a stronger foundation, but these high-cost remote mining areas will not be in a hurry to develop at present, after all, the difficulty of mine construction is too great, the investment risk is difficult to control, and the local social security is also extremely bad.

However, with the completion of two new mines and the continuous improvement of supporting capacity and traffic conditions of the mines already in production, the gold production of Ibogu Mining has been steadily increasing.

And even though Akwa is treacherous, the production of the first mine of the Usan River copper-gold mine has not been interrupted, but the financing and construction of the second and third mines have been suspended indefinitely.

As the international gold price continues to rise, the large amount of cash reserved by Yibogu Mining has not only failed to spend, but even with the continuous increase in profits, the capital pool has been in the process of water storage.

This is also really distressing.

After the Evans Foundation, many people with knowledge of the inside story, such as Ding Zhaoqiang, Qian Wenhan, Ge Jun, Shen Ji, Xie Sipeng, Yang Deshan, Chen Feng, Guo Donghu and others, suggested that Cao Mo transfer most of the funds back to China and reduce the scale of investment in Africa.

Of course, Abacha, Ojosan, Brahm and others would never want to do this.

Cao Mo stood on a white boulder that jutted into the waves like a giant whale, and after the Tellero crackdown, Ryan Fortis and Bardinay Smaller Savvier also relented and asked Juan Mantal to suspend the legal and procedural investigation of the Usan copper-gold mine, but this only meant that the Usan copper-gold mine was temporarily safe.

No one knows if when the situation in Akwa stabilizes, will the Evans Foundation and the Saweiyi family return to their old ways.

Even if Akwa does not return to the era of military dictatorship, the theory that the Saviyi family will remain in power in Akwa for another six years is definitely not an optimistic estimate.

Cao Mo stared at the turbulent waves in front of him and frowned deeply......

And at this moment, in the woods next to the muddy path, two black Land Rovers were parked.

Sitting in the car, Ryan Fortis looked out to sea.

Of course, it was impossible for him to see Cao Mo's face standing on the boulder clearly, but he could confirm that that person was Cao Mo from the distribution of surrounding vehicles and accompanying people.

Like the shooting that made Avenna hold a grudge against him, Ryan Fortis believed that the Tellero crackdown was not simple, but he had no evidence or clues to convince the council's top brass that it was no coincidence.

However, after two years of bloody suppression of the fierce faction within the Akon and the promotion of political change, Saviyi no longer dared to see the further deterioration of the ethnic struggle in Akwa, and took the initiative to choose to compromise, ordering them to temporarily suspend their attempts at the copper-gold mines of the Usan River, which is also a fact that Ryan Fortis cannot change.

It's just that he was confused, what is the connection between the Telrero suppression incident and this Chinese young man, and he can't find any clues in it?

"Perhaps only the Chinese know the Chinese best, and we should listen to Mr. Liang's opinion more!" Although Bardinah Saviyi is of standard Akan descent, he has already developed the habit of Western society after studying and living in the United States for many years, even in the sultry afternoon of Akwa, he still ties his snow-white long-sleeved shirt to the last button under his neck......