Cement may pave Africa's road to the fut
Cement may pave Africa's route to the future
Yes,air jordan shoes, we are writing (and you're simply reading) about cement: Bland bags of limestone whisked with clay which are,
however ho-hum,jordan 13, the items that Africa's dawning industry, its presidential palaces and cookie-cutter walk-ups are made of. It is also
what made billionaire Aliko Dangote one of Nigeria's richest men.
The commodity may lack the luster of diamonds, or the geopolitics of petrol, but cement forms the building blocks of what may be Africa's industrial
big bang.
Try to fathom the stats: In Nigeria, Ashaka Cement's profits increased 42 percent in the first half of this season, after nearby Benue's take more
than tripled this past year to $95 million. Next year, Nigeria's cement output is anticipated to surge by 50 percent, in part because its biggest
conglomerate, Dangote cement is spending $1.5 billion building cement plants after that to Sierra Leone.
Name a nation - Tunisia, Kenya, Egypt,cheap jordan 13 he got game, Zambia - and there's probably a $100 million-plus plant being hastily tossed up. Down South,
Cimentos de Mocambique intends to double its output in 2011. Up north, cement exports from Senegal doubled recently.
Cement's going minute rates are glorious, too: $200 per metric ton in Togo, a quantity like a siren song luring clunky cement ships using their
distant ports. Which is partly why the finish of days for Africa's cement mixers may be prefigured by plans in Hong Kong.
China's cheap cementThe People's Republic, an industrial presence across Africa, is offloading increasingly more of its newfound cement surplus to
distant niche markets like Gabon.
While Senegal's kilns bake to a European Union standard, cheaper if cruddier sacks of Chinese cement are intervening.
"In Ten years, china controls the cement market here," Daniel Camarasa Gimeno, General Manager of Cagicex Global Trade, told me at a March conference
in Dakar which was supposed to be Africa's coming out party for its cementers.
"Their quality is bad,air foamposite 2013, however the price is good," he was quoted saying.
He might have just like easily been speculating on Chinese batiks, shoes,air foamposite one for sale, or sofas - all imports undercutting tailors, cobblers, and carpenters in African markets.
For the moment, Africa's cement makers, and industrialists in other niches, can enjoy a few protections by circumstance:
1. The continent's cementers are nimbler: They can float small shipments across Africa's gulfs while distant Chinese (and Turkish and Kazakhstani)
vessels wait to fill with 400,000 tons price of cement containers.
2. China's low-quality cement may reap a backlash, if,jordan 13 for sale, come Ten years,jordan 13, condos and stadiums start to crack.
3. The competitiveness of China's cement exports is entirely determined by the nation's ability to keep its currency glued towards the lowest numeral
imaginable.
Can cheaper energy save African businesses?Better still? There's an obvious fix to maintain Africa's mixers spinning: Cheaper energy.
The price of pouring petrol right into a grumpy generator accounts for A quarter of the price of a cement sack. The fact is, random and pricey power
puts all manner of Africa-made products on the boutique,cheap jordans, "fair trade" shelf.
"All in our industries have been in an energy crunch, without exception," Senegal's energy ministry spokesman Malick Ndaw said. "There's a lot
potential here, however the energy needs are enormous."
Perhaps a few equally enormous hydrodams - built with durable, African cement - could wall within the continent's cementers, its cobblers and
manufacturers, from an influx of imports that will only further erode that industrial foundation.
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