The Benefits Of Mining As A Business Opportunities For Investment In Cameroon

The mining industry can be considered a valuable asset to the American economy over the course of the nation’s history. Though the field is not necessarily as prevalent today as it once was, the technological advancements in the process of mining are vastly different from those originally implemented by miners decades ago. However, one strategy for successful mining has remained relevant not in its practice, but in its use as an analogy, particularly in reference to the education system today. The idea of the canary in the mine pit discusses the example of when miners would bring canaries with them into the pits in order to detect noxious fumes. When the canary would die in its cage, it meant the air quality was toxic and that the miners needed to get out. This notion is connected to the ideas of those in the field of education like Linda Darling-Hammond, who argue that, similar to the canary, a child who fails in a school is not to blame for the toxic environment in which they are attempting to carve out a future for themselves. In other words, the children are not failing the schools. Rather, the schools are failing the children. This idea thus entails that in efforts to fix the education system, the focus must be exerted on the schools and policies themselves, rather than assuming that a child from a “disadvantaged” socioeconomic background is destined for failure.

Mining; Sierra Leone is rich in natural resources available to be mined. By increasing investment in and receiving international support for this industry, Sierra Leon can

Cameroon, a relatively economically stable country in central Africa, has often been often discounted when searching to invest in Africa. Despite the rich opportunity for manufacturing and new markets, Cameroon lacks infrastructure and is often overlooked in favor of its neighbor Nigeria. Cameroon exists as a promising enterprise for foreign investment with a bit of time and assistance. Cameroon sits on the border of Nigeria, Central African Republic, Chad, Congo, Gabon, and Guinea while still having access to the Gulf of Guinea. According to the CIA’s World Factbook, Cameroon’ terrain is very diverse which is favorable for agriculture, and has some volcanic activity. The CIA also states that Cameroon has a large variety of ethnic groups; the largest being Cameroon Highlands, followed by Bantu, Kirdi, Fulani, Nigritic and others. This ethnic diversity

The retail industry in Kenya is a good ground to invest your money. However it requires a lot of capital to set up and operate. The government is also lowering trade restrictions in the country so as to attract more and more investors to invest in the industry.

Dominated by agriculture grown for export markets since colonial times, the economy of this West African nation is beginning to diversify (Michael Radu). According to statistics provided by the International Monetary Fund, in 2006 revenues from oil and refined products surpassed earnings from the nation’s biggest cash crop, cocoa (African Studies Center). The government in 2011, predicted that the nation’s biggest source of wealth would be petroleum resources. Currently more than 30 international mining companies are mining and exploring reserves of gold. Political stability will determine is multinational energy and mining companies can assist with bringing gold, natural gas, diamonds, nickel, oil, and other natural resources. Foreign investments have slowed down due to political instability, which contributed to the country’s initial financial success. Economic growth has come to a standstill. Although the GDP growth rate improved from about 2% in 2008 to 4% in 2009–2011, per capita income has continuously dropped since 1999, with a slight improvement in 2009–2010 (Central Intelligence

The execution of Kingdom of Saudi Arabia and MENA's economies have surpassed world development. In the interim, Saudi's non-oil division has conveyed quickening development rates as the economy differentiates. Supported by hearty GDP development and macroeconomic security, shopper certainty is well over the provincial normal. Developing private credit and expanded open uses on framework and different activities give a wide premise to powerful open doors over the Middle East, however in Saudi Arabia these are interpreting into especially solid and maintained development in household request. KSA itself has never been more dedicated to supporting financial development. Powerful development in government incomes is supporting twofold digit increments in government consumptions on social, base, and other ventures. Maybe significantly more critical in the long haul, an undeniably deregulated and focused financial environment is supporting a blast of business arrangement as the private area plays an inexorably noticeable part in the economy (AT&T

Conflict minerals are raw materials that come from parts of the world where conflict is occurring through the mining and trading of these resources. The materials are minerals that are mined in conditions in which human rights are abused and there’s armed conflict. These minerals includes tantalum, tin, tungsten and gold (known as 3Ts and gold). Conflict minerals are mostly mined in the eastern provinces of the Democratic republic of the Congo. Armed groups in the Democratic Republic of Congo earn hundreds of millions of dollars every year by trading conflict minerals (“Eastern Congo”). Using these mineral resources of tantalum, tin, and tungsten, manufacturing of automobiles and consumer electronics are produced. Gold is used to make jewelries,

Sierra Leone is one of the poorest nations on earth second to last on the United Nations human development index. The first mine was established in the town of Kimberley by two farmers; the De Beers Brothers. (BloodDiamondsDocumentary) The De Beers sold diamonds at least ten times per year in London’s open market and controlled at least 90% of the world’s diamond production bringing in billions of dollars per year. The average person brings in about $220 per year income yet the nation remains rich in natural resources. (BloodDiamondsDocumentary) Places like Botswana, South Africa, Canada, and Russia are the largest diamond producing nations in the world with more than 20 tons produced per year and a revenue that equates to about 60 billion dollars per year with half of the merchandise being sold right here in the United States.

On the count of bottlenecks to obtaining licenses, the Small scale gold mining act stipulates that small scale gold mining is reserved for Ghanaian citizens, and as such, obtaining licenses should be made easier and accessible to prospective miners. The government can streamline the license acquiring process by setting up offices in district capitals and empowering them to grant appropriate mining licenses with minimal cost so as to allow the average Ghanaian to obtain a license to mine. Lengthy time for issuing licenses could also be avoided with effective decentralization of the process. Bribery and corruption in granting licenses should also be tackled by establishing a complaint center and a toll-free helpline and cracking down on corrupt officials who exhort money from prospective

The Mining industry is an economic engine, both in Canada and globally. In 2014, the mining industry alone contributed $57 billion to the Canada’s GDP. In addition to that, it accounted for 18.3% of the Canadian goods exports in the same year. The mineral production value in 2014 stood at $44.7 billion while the accrued taxes

For many people over generations the diamond has been a symbol of power, beauty, luxury, uniqueness, and everlasting pure love. For others the diamond has been a symbol of conflict, death, exploitation, misery, and blood shade. All the glamour and beauty attributed to diamonds might be blinding us to the impacts of its operations in Africa. In this paper we will go through a research journey to find out more about the positive and negative impacts of diamond mining in Africa and the diamond industry. Also, this research paper will highlight

Diamonds tend to be mined and sourced in less economically developed countries in the eastern hemisphere such as Angola, The Democratic Republic of The Congo, and Botswana. But there are less common diamond mines in more economically developed countries such as Canada, the United States of America (located in the northern and western hemisphere) Australia, and South Africa (located in the southern and eastern hemisphere). In less economically developed countries, diamond miners are paid significantly less than those miners working in more economically developed countries.

In other words, piecemeal investments will not solve the problems of economic development. Regional economic integration, particularly a customs union, can encourage investors to engage in tariff jumping, i.e. investing in one member country in order to trade freely with all members. Another direct impact of FDI, is promotion of knowledge, technology transfers and spillovers, which in turn raise productivity in member countries. In order to attract more investments, African countries need to establish an economic environment that encourages investments. When economies are integrated, foreign investors will be attracted to invest because of economies of scale, a larger market, and because the risk is spread over a wide

In July of 2014, the most important events of in the history of financial market in the GCC (Gulf Cooperation Council) has been announced. Saudi Arabia has approved to open its equity market to direct foreign investment and CMA has drafted rules for Qualified Foreign Institutions. Its equity market (Tadawul) valued around USD 530 billion and which will open an opportunity for the largest global investment funds to inject their funds into one of the most lucrative emerging markets. However, once the announcement hit the news, Tadawul market index hit the 10,000 point for the first time in six years as the market react with optimism over the news. The Saudi Stock market was limited to Saudi and GCC investors only and for those outside of the region, their only way of investing is through swaps and mutual funds (Butt, 2014). However, different institutional investors either in the region or globally has received the news with optimism for long-awaited golden opportunity as the biggest economy in middle east has opened its door to qualified institutional investors. Bassel Khatoun, the head of MENA equities at Franklin Templeton Investments said "As the largest equity market in the Middle East and North Africa, this will certainly put the region back on international investors ' radar and is likely to be transformative for regional equities,” Also some analysts thinks that Saudi Arabia could be similar to China’s qualified foreign institutional investor plan when the Chinese

Executive summary: With the globalization of world business, Saudi Arabia has become an appealing market for foreign investors. But there has long been belief that the market of Saudi Arabia is difficult to develop and the culture there is inconsistent with the world. The problem of cross-cultural management arises as the cooperation between Saudi Arabia and its world partners continue to increase at an unprecedented rate. This paper analyses commercial and cultural feature of Saudi Arabia, presenting an understanding on the general cultural differences between Saudi Arabia and Singapore by applying different cultural dimensions. And it explains the influence of Arabia commercial culture on