Chapter 1162 Africa

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Fan came to Africa without disease, naturally not just to see the lion and see the elephants. In fact, he also has the intention of examining the investment climate in Africa, especially in terms of mineral resources.

In recent years, Fan's Investment Group has spared no effort in prospecting, from Australian iron ore to Southeast Asia and Indonesia, and has achieved quite fruitful results, but it is the first time to come to Africa.

Africa is rich in mineral resources, and in recent years, African countries have become politically stable. With the steady development of the economy, public order has also improved and improved, creating good conditions for attracting investment.

In order to develop the process of economic development and industrialization of many African countries, the mining sector has been regarded as the main area to attract foreign investment, and a series of preferential policies and measures have been introduced, and Africa has ushered in the best investment opportunity period in history.

Africa is the world's oldest big 6, in terms of mineral resources and their generation conditions, it can be called the world's richest big 6, gold, diamond, platinum group metals, bauxite, diamond, uranium and other important mineral resources reserves are ranked in the world. Mineral resources such as Ming, manganese, vanadium, chin, copper, nickel, oil and natural gas are also very rich.

Twenty percent of the world's iron ore reserves, one-third of manganese ore and bauxite reserves, more than two-percent of vanadium and titanium reserves, half of diamond reserves, ninety percent of platinum group metals reserves, more than fifty percent of gold resources, sixty percent of diamond reserves and forty percent of phosphate rock reserves are concentrated in Africa.

In addition, the reserves of mineral resources such as lead, zinc, antimony, and barite are also considerable.

And it's important to note that most of the deposits are high-grade, continuum, easy to mine on a large scale, and have a lot of investment potential.

However, due to the influence of many factors such as history, physical geography, economic exhibition, etc., the difference in the degree of exploration and exploitation of mineral resources in Africa is softGenerally speaking, the degree of geological exploration and mineral development in southern Africa and West Africa is relatively high, and the data is richer, while the degree of geological exploration and mineral development in other regions is relatively low. Most countries in Africa have a moderate to low level of geological exploration research; This also reflects that Africa still has great potential for prospecting mineral resources.

After the plane landed in Cairo, Fan Wuxian and others were immediately warmly welcomed by the Chinese Embassy in Egypt.

The reporters from CCTV and Phoenix Satellite TV who came together were very surprised, and they didn't expect the ambassador to come to greet them in person, but someone who knew the roots of CCTV broke the news in private, saying that it was Fan Heng's son of the Standing Committee, and Fan Wuxi, the boss of Fan's Investment Group, also arrived in Cairo on the same plane, and the ambassador came in front of Fan Wuxi's face.

"It's good to be rich and powerful, and everywhere you go, you're an uncle," some people said with envy

In recent years, African countries have seen steady economic growth. The economic growth rate is 4 percent, and along with the growth of the total economic volume, Africa's weight on the world economic stage has increased, and the proportion of its total economic output in the world has risen to 3.4 percent.

In order to improve the business environment, African countries continue to introduce and revise policies and regulations to encourage foreign investment. In recent years, many African countries have gradually consolidated their policies on mineral resources by amending their mining laws, and have adopted relaxed preferential policies in the areas of land leasing, mining rights concessions, mineral product sales and taxation, so as to encourage and attract foreign investment to explore and exploit mineral resources in their countries.

Sustained economic growth has promoted the sustained growth of foreign direct investment into Africa, in the eighties of the last century, the African state attracted foreign investment at an average of $2.2 billion per year, and in the nineties with an average of $6.2 billion, since the beginning of this year, the foreign investment attracted by Africa's big six has repeatedly reached a new high, reaching $18.7 billion, which is attributed to the great attraction of foreign investment in Africa's natural resources, especially since this year, the rise in the price of mineral products, the rise in investment profit margins, and the improvement of the policy environment have promoted investment inflows.

Mining investment in Africa continues to heat up. Mineral exploration is active, and more and more foreign mining capital is entering Africa.

China and Africa have a traditionally good foundation for cooperation. Over the past half century, China has provided a large amount of assistance to African countries. China has carried out more than 900 infrastructure projects and social welfare projects in Africa, covering many fields such as agriculture and animal husbandry, water conservancy and electric power, transportation and telecommunications, culture, education, sports and health, and food processing.

At present, China has become Africa's second largest trading partner, and the average annual growth rate of China-Africa trade volume is as high as 30 percent, about 20 billion US dollars. However, China's direct investment in Africa is still relatively small, less than $80 million, which is the stock of African direct investment. That's less than half a billion dollars.

Of course, there are some reasons for the low amount of domestic direct investment in Africa, after all, investing in Africa also faces many challenges and some risk factors. Although the background of peace and development has created a favorable investment environment for Africa, compared with other parts of the world, the overall investment environment in Africa is not good. There are non-compliance with the law, lax law enforcement, low efficiency, and officials

The political instability of some African countries, the lack of social security, the limited economic strength, and the lack of matching funds from Africa are all risks that must be taken into account when investing in African minerals.

Many countries in Africa are not only economically backward. At the same time, the political harshness of the rule is beyond the imagination, due to the uneven distribution of wealth. As a result, political rule was unstable, and coups and unrest became commonplace.

Any leader can only sit on the throne if he has the army in his hands, which also causes the army to have great power, and the army is the law. Military personnel are free to use their privileges to regulate society.

In some African countries, the most important thing is to prohibit random photography, as long as you see a camera, anyone is immediately alert, anyone can come and ban you from taking pictures, or even confiscate your camera. Or fines. The most serious can detain you.

Traveling in such an environment is obviously a painful thing, and tourists simply don't dare to hang their cameras on their bodies to show off the city.

However, the situation in Egypt is relatively good.

In fact, Egypt is not an agricultural country, although more than one-third of the working population is engaged in agriculture, but the arable land area accounts for only about 4.5 percent of the country's land, and the vast majority of it is irrigated. Intensive farming, with double or triple cropping in a year, is the highest yield per unit area in Africa

come

Egypt's oil refining industry is up to about half of the total export value of crude oil, and the Suez Canal is the most important international shipping river and the river of Egypt's wealth.

In 1991, Egypt took a stand against Iraq's annexation of Kuwait during the Gulf War. With the appreciation of the United States and other Western countries and the Gulf Arab countries, more than 20 countries and international financial institutions have provided loans and emergency assistance to Egypt, and the United States has also forgiven Egypt's debts, and Kuwait, Saudi Arabia, the United Arab Emirates, and Qatar have also cancelled Egypt's debts.

In May of the same year, Paris Club creditors forgave Egypt about $11 billion in debt.

After all this tossing, life in Egypt is much better.

The living conditions and lifestyles of the middle class in Egyptian cities are not much different from those of European and American residents. In Cairo, for example, there are many opportunities to share and experience the many facets of the international community in the many bookstores, cinemas, new opera houses, cultural groups and universities.

For the urban poor, there is something fun about urban life compared to the monotonous rural life that has remained unchanged since the time of the pharaohs. But it's still quite tedious. Television and movies, as well as public celebrations, add fun to people's lives. Hawkers are busy selling handicrafts and sweets, and weddings are also held here. There is music, dervish singing, puppet shows, storytelling, and singing and dancing.

"Some of the customs in Egypt are also interesting, the Egyptians call kissing a booth, mouth-to-mouth kissing is confined to lovers and couples, and it is forbidden in public. It is said that a young man and a woman in love were caught in love by the police, who were taken to the police station and released only after paying the money. "After staying in the hotel. Fan Wuxi's entourage was busy packing up his things, while he chatted with 6 Qingtong, "For example, when one of the husband and wife goes out of the house, when they are farewell and greet at the station or airport, the husband can only kiss his wife on the cheek. There is also a type of kiss called a blow kiss, in which the right palm is opened. Blowing a breath from your mouth to the palm of your hand and blowing a kiss to someone in the distance, it's almost like what we call a flying kiss. ”

6 Qingtong nodded and said, "We also have some involvement in schools, such as the kiss of respect, which is the kiss on the back of the hand, the kiss of children to their parents, the younger brother to the elder brother, the young to the elderly, and the low-status person to the high-status or powerful and powerful people

However, there are also many taboos in Egypt.6 "The Egyptians were forbidden to talk during formal meals, otherwise it would be considered blasphemy against God." Men should not take the initiative to talk to women, do not praise people for their slimness, do not praise Egyptians for things in their homes, otherwise they will think that you are asking for them, and do not talk to Egypt about religious disputes, the political situation in the Middle East, and the relationship between men and women. And also. When eating, you should use your right hand to grasp food, not your left hand. Whether it's giving a gift to someone else. or when accepting gifts from others. Use both hands or your right hand, never your left hand. ”

"So much trouble? Fan Wuxian was so sick that he didn't know this, so he couldn't help but smile a little and said, "It seems that it is a wise decision to bring you out, but I have no intention of coming here this time to contact the locals." ”

Before Fan Wuxi's words fell, a staff member reported that an official of the Egyptian Ministry of Foreign Affairs

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