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In Africa, War is the Major Cause of Hunger

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Africa War

A new study, just published in the journal Nature Food, says that increased hunger in sub-Saharan Africa is caused by long-running wars, not the climate. Rising widespread, long-term violence has displaced people, raised food prices and blocked outside food aid.

For years, it seemed the world was making progress eliminating hunger. Then, starting in 2014, the trend slid back slowly and reversed in many nations; now, some 700 million people—nearly 9 percent of the world’s population—go to bed hungry, according to the UN.

One of the hardest-hit regions is sub-Saharan Africa. Here, many people reflexively blame droughts stoked by climate change. However, a new study looking at the question in granular detail says that is not the case: long-running wars, not the weather, are to blame.

The study, just published in the journal Nature Food, finds that while droughts routinely cause food insecurity in Africa, their contribution to hunger has remained steady or even shrunk in recent years. Instead, rising widespread, long-term violence has displaced people, raised food prices and blocked outside food aid, resulting in the reversal.

To reach their conclusions, the researchers analyzed 2009-2018 data from the Famine Early Warning System, a USAID-funded network that provides information to governments and aid organizations about looming or ongoing food crises in dozens of countries. The system shows that the number of people requiring emergency food aid in monitored countries surged from 48 million in 2015 to 113 million in 2020. The system is not designed to quantify the different factors behind the emergencies. But Anderson and his colleagues were able to tease these out for 14 of Africa’s most food-insecure countries. The nations reach in a band from Mauritania, Mali and Nigeria in the west, through Sudan, Chad and other nations, to Ethiopia, Kenya and Somalia in the east. The study also took in several nations further south, including Mozambique and Zimbabwe.

Not surprisingly, the researchers found that periodic, well-documented droughts have been behind food crises across large areas. However, the overall effects of drought did not increase during the study period; of anything, they went down in some areas. When drought did hit, farmers usually bounced back in the next planting season, within a year or so. Animal herders took twice as long to recover, because the areas where they live saw with more extreme conditions, and it took people time to rebuild their hard-hit livestock herds.

Amid the usual ups and downs of rainfall, violence has been responsible for the progressive increase in hunger, the study found. Long-term conflicts ranging from repeated terrorist attacks to pitched combat between armies have caused shortages lasting year after year, with no end in sight, the authors say.

This has been especially the case in northeast Nigeria, where the Boko Haram guerrilla army has waged a relentless hit-and-run campaign against the government and much of the populace for the past decade. Also in South Sudan, where a messy, multi-sided civil war that started in 2013 continues to sputter along. Sudan and Somalia also have seen warfare-induced increases in hunger, but in those nations, droughts have been the more dominant factors, the study found. In most cases, pastoralists are again the most affected by violence as they are with drought, because they are more likely to live in the most violence-prone areas.

The latest casualty is Ethiopia, where hunger has arced upward across the country in recent years, mainly due to below-average rainfall. But civil war erupted in the country’s Tigray region last year, greatly adding to the misery. The study did not examine this new conflict, but a recent UN report said that more than 5 million people in the region urgently need food aid, and many are already seeing out and out famine. “This severe crisis results from the cascading effects of conflict, including population displacement, movement restrictions, limited humanitarian access, loss of harvest and livelihood assets, and dysfunctional or nonexistent markets,” a top UN official said. On top of that, the drought in Ethiopia is projected to continue through this year.

The researchers looked into a third possible cause of hunger: locusts. Again,  not surprisingly, locusts affect food security in some years by damaging forage and crops—but not on a scale large enough to account for the increase in hunger during the study period. (The study did not look at the unusually large waves of locusts that swept much of East Africa in 2019-2020; these may have had more drastic results.)

One further factor the researchers looked at: whether the onset of drought contributed to flareups of violence, and thus more hunger. One of the report’s coauthors, climatologist Richard Seager of Columbia’s Lamont-Doherty Earth Observatory, connected the dots in this regard in a widely cited 2015 study arguing that one spark for the ongoing Syrian civil war was a multi-year drought that drove many people off their land, into cities. This does not seem to be the case for the African countries, he said. The authors write, “We found no systematic relation between drought and either frequency of conflict or deaths related to conflict. Conflict may be affected by environmental stress in some cases but the relationship across Africa in recent decades is complex and context-specific.”

While warfare has been the predominant driver of hunger in some countries, that does not mean others have completely escaped the violence that can disrupt food supplies. For instance, over the last decade, much of Mali has been subject to on and off attacks by separatist and Islamist insurgents who at times have taken entire cities. Since 2015, the once largely peaceful nation of Burkina Faso has seen hundreds of attacks by rebels and jihadists, including a raid on a village in early June this year that killed more than 100 people.

Chapman’s Pygmy Chameleon Facing Extinction Due to Deforestation

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Chapman Pygmy Chameleon

Urgent conservation measures are needed to save a Critically Endangered species of chameleon which has been found clinging to survival in patches of rainforest in Malawi.

Chapman’s Pygmy Chameleon (Rhampholeon chapmanorum), which grows to a length of just five-and-a-half centimetres, was first described in 1992 and is believed to be one of the world’s rarest chameleons. It was feared extinct due to the destruction of its native forest in the Malawi Hills, much of which has been cut down for agriculture.

But a survey carried out in 2016 by a team from the South African National Biodiversity Institute and the Museums of Malawi – the results of which are now being published for the first time – has found populations of the tiny reptiles in surviving patches of forest.

They estimate that the forest – and with it chameleon numbers – has shrunk by 80 per cent since the 1980s. A genetic (DNA) analysis also suggests that the animals are trapped in their forest patches, unable to move between them to breed. Without this interbreeding, genetic diversity will be lost over time and this poses another serious threat to the species’ survival.

The study, published in Oryx—The International Journal of Conservation, was led by Professor Krystal Tolley from the South African National Biodiversity Institute and the University of the Witwatersrand.

It was her assessment work in 2014 which led the IUCN (International Union for Conservation of Nature) to list Chapman’s Pygmy Chameleon as Critically Endangered on its Red List of Threatened Species. Comparing satellite images of the Malawi Hills with those taken in the 1980s revealed dramatic forest loss, with the area where the chameleon was first described having been completely cleared. What remained had become fragmented – small patches of forest, cut off from each other.

Fearing the chameleon may have become extinct, Prof. Tolley and her fellow researchers turned to crowdfunding website, RocketHub, to raise the money needed to survey the remaining patches for any surviving populations.

Chameleon enthusiasts responded to the appeal, donating $5,670 which included a $1,000 donation from the Scion Natural Science Association, and was enough for the researchers to survey two of the remaining forest patches in the Malawi Hills and an area 95 km away near Mikundi, where 37 of the chameleons had been released in 1998 to try to safeguard the species.

The chameleons were found in all three locations and Prof. Tolley described the survey team’s jubilation at discovering that the species was still present.

Samples taken from the chameleons were then analysed to see if their genetic diversity had also been reduced. While this was not evident, the researchers believe this may be because such effects take time to show.

They did see evidence that the flow of genes between the fragmented populations had been disrupted. In effect, each forest patch is now home to a small, isolated population, unable to breed with chameleons in neighbouring patches. This will reduce genetic diversity over time and increases the extinction risk for the species as a whole.

The researchers suggest including the remaining forest as part of the nearby Matandwe Forest Reserve so it can be proclaimed as a Key Biodiversity Area, and introducing strong measures to ensure its protection. They also recommend more and thorough surveys of the chameleons to monitor their population and genetic diversity and call for the involvement of local landowners in protecting the Mikundi forest and its population as some insurance against the loss of the chameleon’s natural range in the Malawi Hills. Overall, they say a comprehensive and properly funded action plan needs to be drawn up and enacted to prevent the species becoming extinct

New Study Shows Egypt Will Import More Water than Water Supplied By the Nile

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Egypt may face extreme water shortages in the next ten years due to population and economic growth.

The study published in Nature Communications shows a historical reconstruction of where the water supply in Egypt is going under conditions of population growth and a developing economy.

The research also provides recommendations of ways Egypt can sustain and leverage water supply for a more sustainable future.

Agriculture is an important sector of the Egyptian economy and for millennia the Nile supplied Egypt with more water than needed. Approximately 90% of the water from the Nile goes towards Egypt’s agricultural production, but as the population grew and the economy expanded, demand on water also increased.

“When you have more people, you need more food, but also as the economy gets better and trade connections improve, the nature of people’s diets also changes”, says Catherine Nikiel, PhD student in Civil and Environmental Engineering and lead author in the study.  “You have people who might start consuming more meat and consuming just different things than they did in the past, which impacts their agriculture.”

The historical reconstruction allowed the researchers to take a granular view into the past and future trends of consumption to see where the water demand is increasing.

Starting in the 1970s, once Egypt started using all the water the Nile could provide them, they started importing more food. A large proportion of their crops of wheat and maize are really water intensive to grow, need a lot of area, and can’t support efficient irrigation methods. Egypt eventually started importing as much corn and wheat as they grew. The researchers then began to see how much Egypt is importing versus how much they are using to project that within the decade, they will be importing as much virtual water as they’re pulling in from the Nile.

“We know that their imports are rapidly increasing so at what point does that balance shift, where they’re actually more dependent on external water than on internal water,” says Nikiel.

The researchers also present recommendations on how Egypt can leverage water resources.

“By shifting production from high water use low-cost crops such as corn, maize, and wheat to higher value lower water requirement crops like fruits and vegetables, which are very profitable on the market, and better suited to really high efficiency irrigation methods and selling those for profits to import maize and wheat, they can potentially shift that balance even further,” adds Nikiel.

The researchers illustrate that the future of water in Egypt is reliant on external cooperation with its neighbors and its own ability to optimally manage internal demand and use of water. The study claims, “Adaptations are ultimately in Egypt’s best interest, as they allow for continued growth and prosperity with more careful management of resources. Egypt has the chance to be an example for other developing water scarce nations, and a leader in the Nile Basin. If changes are not made it will soon serve as an ecological cautionary tale with implications for the entire region.”

“Past and future trends of Egypt’s water consumption and its sources” is published in Nature Communication and may be read online. Co-author of the study includes Elfatih A. B. Eltahir, H. M. King Bhumibol Professor of Hydrology and Climate, and Professor of Civil and Environmental Engineering.

Financing Agreement Reached for Ghana’s Western Railway Line Project

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Construction of 100km section of the Western Railway Line in Ghana (running from Takoradi port to Huni Valley) will move forward now that Deutsche Bank and Investec, Swedish Export Credit Corporation (SEK) and Export Credit Agency (EKN) as well as Export Credit Insurance Corporation of South Africa (ECIC) have agreed to finance the construction.

Known as the Takoradi-Kumasi railway line, The Western Railway line runs for a total of 339 kilometers from the port of Takoradi in western Ghana to Kumasi in southern Ghana.

Financing for the project is comprised of two loans in favor of the Ministry of Finance of Ghana. The first, backed by EKN, is an approximately US$ 618 Million loan that will cover  the bulk of the cost.

Arranged and structured by Investec, the second loan of about US$ 89 Million will cover the down payment on the EKN backed financing. It is backed by ECIC and funded by a syndicate of Investec Bank Ltd, Rand Merchant Bank, a division of FirstRand Bank Limited, Nedbank Limited (London branch) and Sanlam life Insurance Limited (acting through its Sanlam Capital Markets division).

The Deutsche Bank acted as mandated lead arranger (MLA) for each loan.

The engineering, procurement and construction (EPC) contract for this project was awarded to Amandi Investment.

Bluebird Finance & Projects is acting as the lead financial adviser for the EPC.

Tight Window of Opportunity for Ethiopian Farmers Could Be Missed Without Funding

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Impending occasional rains in hunger-stricken northern Ethiopia provide a slim chance for farmer to get a yield in the ground and restart local food production, yet without funding this tight window of opportunity could be missed.

Following a visit to Ethiopia to assess the situation, FAO Director of Emergencies and Resilience, Rein Paulsen said: “Many farmers have been stripped of productive assets like seeds, animals, or tools due to looting, or saw their sources of credit disappear and seed markets disappear. As a result, local food production has been brought to a virtual standstill,” he said.

“The rural communities who play a critical role in keeping northern Ethiopia fed, urgently need support if they are going to manage to get seeds in the ground ahead of the impending short rains.

Each seed they plant represents a brick in a firewall against famine. But to get them those seeds, we need more financial support and improved access,” Paulsen added.

In addition to lost agricultural assets, the state of core basic services across northern Ethiopia is impeding relief efforts. Electricity and fuel are lacking, cash and credit are not to be found, and there is only one functional road in and out of the region, noted Paulsen.

FAO has urgently appealed for $30 million to reach nearly 1.2 million of the most food insecurity people in northern Ethiopia. To date, just $6.2 million have been pledged.

On top of cereal seeds, the Organization also aims to distribute fast-growing vegetable seeds and poultry starter kits so that families have a low cost and easy to maintain source of backyard produce and meat and eggs.

Alarming trends in food insecurity driving up needs

The conflict commenced at the peak of what would have been the main Maher season harvest, before many households had the opportunity to harvest their crops. An estimated 90 percent of the harvest was lost, while 15 percent of the region’s 17 million life-sustaining livestock were reported looted or slaughtered.

The most recent Integrated Food Security Phase Classification (IPC) analysis, determined that at least 353 000 people in the region were already experiencing famine-like (Catastrophe) levels of acute food insecurity in Tigray state alone. The IPC is a global, multipartner initiative, comprised of 15 UN agencies, regional organizations, and international non-governmental organizations, that facilitates improved decision-making through the provision of consensus-based food insecurity and malnutrition analysis. (Learn more about IPC indicators for acute food insecurity.)

All told, over 60 percent of the population in Tigray and the neighbouring zones of Amhara and Afar, more than 5.5 million people, are now coping with Crisis, Emergency, or Catastrophe levels of hunger (IPC 3, 4 and 5) and are at high risk of quickly sliding into starvation without support.

Agriculture reboot critical, but underfunded

Although the majority (80 percent) of people in northern Ethiopia depend on subsistence agriculture, so far very little financial support has been allocated to agricultural interventions that can help at-risk families resume productive activity and produce food for themselves and their communities.

The crises in Ethiopia is part of a disturbing wave of surging acute food insecurity around the globe, driven by  a toxic mix of pre-existing threats like conflict, climate shocks, and economic disruptions compounded by the COVID-19 pandemic.

In addition to northern Ethiopia, some communities in southern Madagascar, South Sudan, and Yemen are in likelihood enduring famine-like or “famine-likely conditions.” Around 41 million people globally are now in emergency levels of food insecurity and at high risk of plummeting into famine if hit with another external shock.

Rapid Filling of the Ethiopia Dam Increases the Already Aggravated Water Deficit in Egypt

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Ethiopia Dam

According to a new study conducted by the University of Southern California, rapid filling of Grand Ethiopian Renaissance Dam along the Blue Nile River could reduce water supplies to downstream Egypt by more than one-third. The situation, if not addressed will cause unemployment rates to reach from 14 to 25% and will cause agricultural sector losses of up to 51 billion dollars.

“Our study forecasts dire water supply impacts downstream, causing what would be the largest water stress dispute in modern human history,” said Essam Heggy, a research scientist at the USC Viterbi School of Engineering and lead author of the study. “Averaging losses from all of the announced filling scenarios, these water shortages could nearly double Egypt’s present water supply deficit and will have dire consequences for Egypt’s economy, employment, migration and food supply.”

Despite the risks, the study offers policy solutions for sustainability that could potentially minimize the downstream impacts and reduce tensions in the Nile River region. For example, the impacts could be partially offset by adjusting operations at the Aswan Dam downstream in southern Egypt, pumping more groundwater, cultivating different kinds of crops and improving irrigation systems.

So far, despite international negotiations, there’s been little progress in the decade-long dispute.

The crux of the controversy is Ethiopia’s $5 billion Grand Ethiopian Renaissance Dam nearing completion at the Nile headwaters. Now in the second phase of filling, it will be the largest hydropower project in Africa and would create a reservoir containing 74 billion cubic meters of water — more than twice the operational capacity of Lake Mead on the Colorado River.

It’s so vast that it will take years to fill, and depending on how long it takes, the water diversions could have devastating impacts downstream. Egypt and Sudan have water rights to the Nile, while Ethiopia was not allocated a quantifiable share. But as water and energy demand grows in the Nile River basin, Ethiopia is asserting its needs for hydropower and irrigated agriculture to promote development.

Some 280 million people in 11 countries in the basin depend on the waterway — a primary source of irrigation for more than 5,000 years. Egypt relies on the Nile for more than 90% of its water. The region’s population could increase by 25% in 30 years, increasing demand at a time when Egypt would expect less water from the Nile. Water rights along the Nile have been in dispute since 1959; today, the conflict threatens to escalate into a war.

The USC study examined various dam filling scenarios and water shortage impacts for Egypt. Based on the short-term filling strategies of 3 to 5 years, presently favored by Ethiopia, the water deficit downstream in Egypt could almost double; 83% of the additional water loss would be due to dam restraining flow and evaporation and 17% lost due to seepage into rocks and sand.

The study helps fill a gap in the dispute by reducing ambiguities about how dam filling scenarios would impact the water budget deficit in Egypt, as well as offering a feasibility index to the different potential solutions. As global warming and aridification accelerates, it underscores the need for more water research in arid lands, which is the core mission of the Arid Climates and Water Research Center at the USC Viterbi School of Engineering.

The study comes amidst a 10-year dispute between Egypt and Ethiopia over water supply on the Nile River. The parties seek an international solution, yet talks led by the U.S. State Department — and joined by the European Union and the United Nations — have resulted in little agreement after four years.

Meanwhile, tensions run high as negotiators try to avert armed conflict. Egypt has vowed not to allow the dam to impede its water supply, and it held joint military maneuvers with Sudan in May. Sudan has since petitioned the United Nations Security Council to hold an emergency session as soon as possible.

The dispute is emblematic of wider disputes over water scarcity as climate change affects developing countries experiencing rapid growth. Disputes along the Mekong, Zambezi and Euphrates-Tigris rivers, among others, show the potential for political instability and conflict.

Why is Nigeria’s Central Bank Refusing to Let Go of the Naira?

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Despite calls from the International Monetary Fund and the World Bank for deeper changes and protests from firms, Nigeria maintains regulation of its naira, the national currency. A free-floating naira, according to multilateral agencies, will help the economy survive future shocks. However, Nigerian authorities are concerned that inflation caused by a sudden devaluation would push millions of people into poverty even more than it is today. The central bank governor, Godwin Emefiele, denied the country was pursuing a new foreign exchange management scheme last week, while Vice President Yemi Osinbajo said the government would use a more flexible pace. In order to better analyze the situation, the article will review the major facts about naira and recent monetary policy from the government side.

The pressure on the Naira

The COVID-19 pandemic and oil price slump hit Africa’s largest economy, which relies on oil exports for 90% of its foreign exchange earnings, sending it into its second recession in four years. It barely avoided contraction in the fourth quarter, but a fall in oil sales resulted in a $14 billion balance of payments deficit last year, depleting its foreign reserves. President Muhammadu Buhari’s administration, which took office in 2015, has kept the currency excessively elevated as a source to express national pride.

In order to prevent a major official devaluation after the last oil price collapse in 2016, the Nigerian central bank developed a scheme of multiple exchange rates. The Nigerian Autonomous Foreign Exchange Rate Fixing, for example, is a market-determined rate for buyers and exporters (NAFEX). The government is seeking a $1.5 billion loan from the World Bank to cover a 5.6 trillion naira ($15 billion) budget deficit this year. However, the World Bank expects Nigeria to do more to align the official exchange rate of 381 nairas to the dollar with other prices, such as NAFEX.

The official rate of the naira was devalued twice last year by Nigeria’s central bank, weakening the exchange rate for retail users. After the devaluations, the bank has been increasingly adjusting the currency, restricting dollar access for imports, and introducing stringent forex policies to sustain the naira. Nigeria lifted interest rates to lure buyers after oil prices plummeted in 2014-16. However, after oil prices fell last year and foreign investment fled, the central bank cut treasury bill yields to increase the liquidity of the naira.

It is no surprise that the current economic situation and the national currency rate in Nigeria is a deterrent factor for the businesses and investments. However, surprisingly, it gives better opportunities for those who are involved in the forex market or the crypto-industry as the rate is fluctuating a lot. As a result, we face the increased demand for best online Forex trading brokers in Nigeria has dramatically increased. The dollar is quoted at 465 nairas in 12-month non-deliverable forward contracts, implying that the local currency is reportedly overvalued by about 18 percent.

When the currency is pressured to change, Patrick Curran, senior economist at emerging markets consultancy Tellimer, says it almost guarantees a loss on investment until returns outweigh the overvaluation. Nigeria’s debt is among the lowest-yielding in Africa, which the government is relying on to meet this year’s high funding needs by low-cost domestic borrowing. However, even if the currency problems are overcome, the historically low yields will discourage new inflows, according to Samir Gadio, head of Africa strategy at Standard Chartered Bank. Because of the low returns, foreign investors have dumped local properties.

Due to the current situation, to reduce imports, the central bank has provided low-cost credit to support manufacturing and agriculture. Since the naira plunged sharply on the black market, it also relaxed rules on diaspora remittances in order to increase dollar liquidity. So far, those interventions haven’t helped the economy, but the central bank has effectively sacrificed development on the altar of naira stability. This strategy has struggled to achieve the declared target of low and steady inflation, instead of exacerbating price rises by foreign exchange shortages and market deflation. Analysts predict that without a substantial increase in oil prices, the expense of imports and meeting offshore debt commitments would deplete Nigeria’s dollar reserves even further.

Summing It Up

Finally, to sum up, the situation in many countries in the post covid period is very different from the previous years. However, we cannot blame the current economic conditions in Nigeria only for the covid pandemic as the inflation in the country is going on for several years now. The reason for this might be mentioned to be the wrong planning of the economy or the unexpected events, but the pandemic had definitely influenced the economy as well.

This is due to the fact that even the USD was facing the rate of inflation and it had an effect on every currency, as well as on the naira. Moreover, to overcome the problematic conditions, the national bank has come up with the idea to reduce the import in order to promote the manufacturing and agriculture in the domestic market. In order to reduce the inflation rate in Nigeria, economists and experts believe that the main key will be to increase the oil price which is the major source of export from the country with a lot of benefits.

Boosting Your Real Estate Business

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Making money from property has always been a good gamble because let’s face it, everyone needs a place to live, but recently, the competition has become vast, and it can be trickier for any given individual to keep their property business booming.

If you run a real estate business and you want to boost your bottom line, here are a few things you might want to do:

1. Boost your SEO

If you own a real estate business in 2021, you have a website, but how well is that website performing for you? If it is not bringing you much traffic, you could be losing out to your competitors, and that is where search engine optimization comes in., You want to make it so that when people Google house for rent near me or property for sale in Africa, for example, your website is one of the first listings that come up. When that happens, you are more likely to get that customer’s business than your competitors are. That is why you either need to learn the latest SEO techniques or have an SEO agency optimize your online presence for you. Your property may be offline, but your marketing is not.

2. Get out and get networking

Networking is great for boosting pretty much any business you can think of, but it is particularly good at helping entrepreneurs to grow real estate businesses. Why? Because real estate is an expensive business, and that means that clients only want to deal with people they trust. When they get to know you, and you show them just how trustworthy you are, they will be far more likely to rent an office from you or put in an offer for that property you just flipped and business will start to boom. So, start attending those conferences and trade events and make sure everyone knows who you are and what you do.

3. Diversify

You may have started out by buying properties to rent or purchasing run-down houses to flip and sell, but if you want to stay relevant, and profitable in 2021, you may need to diversify. For instance, you could get into the peer-to-peer lending market, whereby you lend individuals some of the money they need to invest in their own real estate, which they will then pay back plus interest, or you could invest in a real estate investment trust with a bunch of other entrepreneurs looking for a return – the options, when it comes to real estate – are endless.

4. Raise your rents

You need to be fair about this, but if you haven’t raised your rents in a while. See if they are still in line with the average. If they are a little low, increasing them is an easy way to boost your income, and tenants will mostly be fine with this if the rents are fair and you’re taking good care of the property.

5. Look to new markets

If you have a number of properties at your disposal, why not look at new ways of exploiting them. For example, if you’re renting out homes in a beauty spot to long-term tenants, you could make more money by turning them into holiday homes or if you’re making money by leasing office space, maybe you could earn more by converting them into apartments; it all depends on where your real estate is locate and what is hot at the minute. One thing’s for sure, if you stay the same, you will have a struggle to boost your business in the long-term, so always be on the lookout for new opportunities.

6. Invest overseas

Overseas property is often more affordable than property in the local area, so it can make sense to focus your real estate investments there but before you do so, be sure to check out the local rules and regulations because many countries put limits on what foreign nationals are able to do with property, and the last thing you want is to buy a property only for you not to be able to make any money out of it or even spend very much time there at all.

Real estate is a pretty sound investment as it goes, which is why so many people choose it as a business That being said, you cannot afford to rest on your laurels, and if you want to make as much money in your industry as possible, you need to be always looking at a new angle, like some of the ideas above.

Safic-Alcan Announces Extension of Distribution Agreement With PMC Organometallix

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Safic-Alcan, a global specialty chemicals distributor headquartered in Paris La-Défense (France), announced the extension of its distribution agreement with PMC Organometallix Inc. to the African continent.

PMC Organometallix, Inc., a wholly owned subsidiary of PMC Group, N.A., Inc. has expanded its distribution agreement with Safic-Alcan to include the African continent. Effective immediately, Safic-Alcan will serve as an authorized distributor of PMC Organometallix’s FASCAT® catalysts and fine chemicals.

FASCAT® catalysts are inorganic and organometallic tin compounds providing optimal conversion and curing characteristics – making these organometallic materials essential in a wide variety of applications. FASCAT® catalysts are used in the manufacture of synthetic lubricants, monomeric and polymeric ester synthesis, automotive e-coat, crosslinking of siloxanes, urethanes and chemical intermediates.

“Building on our successful partnership with Safic-Alcan in continental Europe, we are pleased to extend our collaboration with Safic-Alcan to the African continent. Expanding our catalyst sales to the African market stems from our aim to grow our FASCAT® business in new markets in EMEA region where Safic-Alcan’s local presence, network and resources can have a considerable contribution to our growth,” stated Yanal Shekem, Regional Sales Director, EMEA at PMC.

“Our companies have built a successful cooperation in Europe, and we are excited to further strengthen this existing partnership and write with PMC Organometallix a new chapter in Africa. We are confident FASCAT® catalysts will allow our technical sales teams to enhance our regional product offering and better serve our African customers,” stated Jean-Marie Schmuck, Business Development Director Coatings and Construction at Safic-Alcan.

Kone to Equip the Tallest Building in Africa

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Iconic Tower Egypt

KONE Corporation has won an order to deliver and install 60 custom-made elevators and escalators for a building known as Iconic Tower. Situated in Egypt’s New Administrative Capital, the tower is set to become the tallest building in the entire African continent.    

Egypt’s new administrative and financial capital is under construction just outside Cairo and is being designed with smart technologies as a focal point. Scheduled to be opened by the end of this year, it will cater for over 6 million people. Iconic Tower will be located within the city’s Central Business District (CBD), which is planned to include a total of 20 skyscrapers.

The 80-storey tower will rise to a height of 385 meters, including office, hotel and residential amenities. The main contractor for the building – and several other projects in the new capital city – is China State Construction Engineering Corporation (CSCEC), one of the world’s leading construction groups.   KONE’s delivery includes 36 KONE MiniSpace™ elevators, 13 KONE MonoSpace® elevators, seven KONE TranSys™ freight elevators and four KONE TransitMaster™ 120 escalators, all with finishes specially designed for this building. In addition, the KONE Destination Control System will help reduce waiting and traveling times and the KONE E-Link™ service will enable monitoring equipment performance in real time, from a single location onsite. The contract also includes maintenance services.    “Iconic Tower will become a significant landmark not only in the New Administrative Capital, but across Egypt and Africa. We are truly honored to provide our high-rise expertise and our people flow solutions for this development and together with our customers help the city set new standards for smart and sustainable buildings,” says Thomas Hinnerskov, Executive Vice President for KONE South Europe, Middle East and Africa.    The building is expected to be completed in February 2023 and it is being developed by New Urban Communities Authority. The main architect is Dar Al-Handasah.