Category Archives: Africa

Haiti in Club Med Revival: Destination Haiti

Haiti in Club Med Revival: Destination Haiti

Lucio Garcia-Mansilla had long heard about the former Club Med property tucked along the Haitian Riviera, 123 acres lined with lush vegetation and a mile-long expanse of white sand.
But it wasn’t until decades later — when Haiti’s investment climate began to welcome international brands — that the Argentine founder of Colombia-based Decameron Hotels & Resorts would get there.

Read Jacqueline Charles’ article here:
http://hrld.us/1WCIo9d

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Venezuelan strives for better U.S. relations

Maximilien Arvelaiz does not look or sound like a hardened socialist tactician going toe-to-toe with the U.S. government.

Instead of military garb emblazoned with medallions, the young Venezuelan diplomat wears designer suits and vintage glasses. His talk isn’t peppered with vitriolic attacks on Yankee imperialism, but with references to pop culture and U.S. television.

Yet Arvelaiz, 43, is at the center of one of the most acrimonious relationships in the Western Hemisphere. For the last year and a half, Arvelaiz has been working behind the scenes trying to re-establish a functional relationship with U.S. officials.

Read FRANCO ORDOÑEZ article here:
http://bit.ly/1OCxVrw

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Colombia glitters abroad amid grumpiness at home

By any yardstick, Colombia is poised for a stellar year. It’s expected to sign a peace deal that will end the hemisphere’s oldest civil conflict, have the re-gion’s strongest economy, and play host to high-profile visits from both Pope Francis and President Barack Obama. To top it off, it’s even in the running for an Oscar.

But talk to people on the street and the mood is de-cidedly sour. Pocketbooks have been strained by the twin woes of a devalued currency and nagging infla-tion. And an El Niño-related drought is threatening water and energy shortages.

In that sense, Colombia is likely to have both a ban-ner and a bummer of a year. And whichever senti-ment tips the balance could have deep repercussions for President Juan Manuel Santos.

Read JIM WYSS Miami Herald article here:
http://bit.ly/1OuHpoL

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New Congress in Venezuela Anticipates Tension

Venezuela

Well, yeah, what did you expect?

In what’s likely a sign of things to come, the inaugural session of Venezuela’s National Assembly on Tuesday devolved into shouting, shoving and recrimination as the opposition took control of the body for the first time in 17 years.

The ruling-party delegation, long accustomed to holding sway in the legislature, stormed out of congress as they accused their rivals of violating internal regulations.

But beyond the posturing and brinkmanship, the opposition bloc laid out the guidelines of what they said would be their program to rescue the country.

Read Jim Wyss’ Miami Herald article here:
hrld.us/1Zc9N72

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Florida a Natural For Africa, Says Prime Minister

There’s a lot of money sitting on the sidelines waiting to be invested.  Some say, there is a lot of opportunity all over the continent of Africa in want of a capital.  Not for nothing, the Prime Minister of Namibia – think diamonds, gold, oil, neighbor to South Africa, former German colony—travelled to South Florida last week.   Sure, Florida may seem like a long way to travel from Southern Africa in search of building partnerships, but don’t tell that to Namibia Prime Minister Hage Geingob.  He was a man on a mission.

Read Jacqueline Charles’s Miami Herald article here:

http://hrld.us/ZUO2nx

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Florida a Natural For Africa, Says Prime Minister

U.S. and Obama Late on Africa

The numbers don’t lie:  Some parts of Africa are starting to get their act together.  As one of my clients from Africa told me recently, he sees more opportunity in Africa for a young entrepreneur than in the U.S.  President Barack Obama opened a weeklong trek to Africa last week with a sales pitch, stressing the urgent need for U.S. companies to invest everything and anything they can in the up-and-coming economies in Africa.  However, China has been in African for a long time, and although we’ve got some catching up to do, we haven’t even entered the starting gate.

Read Anita Kumar’s Miami Herald article here:

http://hrld.us/152RLpR

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U.S. and Obama Late on Africa

Money in Africa! 55 Billionaires to be Exact

I’ve long been one of those people who thought Africa would get its act together in my lifetime.  The way things, are going, I’m not sure, but there’s certainly hope in pockets.  Many parts of Africa are so rich in natural resources and minerals that they can survive a civil war, a rogue dictator, and even pockets of abject lawlessness.  Oil, diamonds, and gold, carry a lot of weight in the developed world, and a relative small part of the population is raking it in.  A pan-African magazine says Africa has many more billionaires than previously reported, 55 of them worth more than $143 billion including a Nigerian said to be the richest black woman in the world.  Don’t sleep on Africa.

Read Michelle Faul’s Miami Herald article here:

http://hrld.us/180TPQS

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Money in Africa!  55 Billionaires to be Exact

China onboard with Nigerian High Speed Rail Project

While the U.S. and Russia were busy huffing and puffing over the Crimea, China was busy conquering the world…with their money. Or, more accurately, the money that the U.S. used to have.

And the Chinese aren’t just arming a bunch of warlords. No, the Chinese are investing in infrastructure to move oil and people from A to Z. Efficient railways play an important role in the socioeconomic development of countries.

So, who needs more developing that Africa? Who has more unexploited resources than Africa? And the largest oil producing country in Africa is the beneficiary of China’s largess. Nigeria has received $600 million of what will eventually be billions of dollars to build a 2,000 mile (3,218 km) nationwide high speed rail (HSR) system. The first tranche is a 20 year loan from China’s Export Import Bank to build an 850 mile (1,367 km) section. Eventually the project will cover 54 stations, freight and passenger travel serving the capital Abuja, surrounding areas and most of Nigeria. All aboard Africa.

Read David Russell Schiling’s industry tap article here:
http://bit.ly/1hXXvqI

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China onboard with Nigerian High Speed Rail Project