AFRICABIZ VOL 2 - ISSUE: 167
April 15 - July 14, 2022
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Editor: Dr. Bienvenu-Magloire Quenum
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A WORD FROM THE EDITOR

Dear visitor and international investor,

We warmly welcome you, if this is your first visit to Africabiz Online - The ultimate newsletter on trading and investing in 49 sub-Saharan African countries. If you are a regular and faithful reader, welcome back.

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- FROM PETRO-DOLLAR TO PETRO-RUBLES: THE BEGINNING OF A NEW ERA FOR PLANET EARTH   
Exactly 8 years ago, on April 15, 2014, Africabiz Online published an article titled, GLOBAL POLITICAL AND ECONOMIC CHANGE IS HERE. NOW !

We invite you to review above linked article - as it had aged well, and everything stated in it is, at last, coming true in this year 2022 spring.

You may also scan with your tablet or smartphone the QR code at the left side of this paragraph, to access the series of Africabiz Online analysis dedicated to the petro-dollar system. Or you may click this following link.

- THE CORNERSTONE OF THE UNITED STATES SUPREMACY IS THE PETRO-DOLLAR SYSTEM 

What is the basics of the petrodollar system? Well, if South Korea for example, wants to buy oil from let say Nigeria, South Korea first has to buy U.S. dollars. South Korea could, of course, just buy Nigerian Nairas and conclude the deal with Nigeria.

Nigeria selling dollars to get back Nairas, or South Korea selling Won to purchase dollars may have to sustain hefty currencies exchanges fees in the process, which they cannot avoid - because the global system of trading oil is built entirely around dollars! It's pretty silly. The petrodollar system being an ironclad one, no country cannot escape.

Thus, any country which dares circumvent the petrodollar deal is immediately in trouble. If it does not back down, and behave well, the country is either invaded, bombed and destroyed - and a puppet regime put in place to behave properly! Iraq (2003) and Libya (2011) - are the most visible examples.

No dollars, no oil! Till nowadays - starting from February 24, 2022, the date of the beginning of Russian Federation special military operation to de-nazify the Ukraine.

- THE SPECIAL RUSSIAN MILITARY OPERATION UNDERWAY IN THE UKRAINE SINCE FEBRUARY 24, 2022, CHANGED EVERYTHING

In 2007, at the Munich's Security Conference, president Putin warned its western partners, Europe, the USA and NATO member states, that Russia will not accept the expansion of NATO to the East of Europe, and particularly into the Ukraine.

The warning falls into deaf ears; and NATO continues its expansion at a breakneck speed - even staging, in 2014, a coup d'Etat in the Ukraine, under the cover of the so-called Maiden Revolution, that put in charge pro western Ukrainian politicians who changed the Ukrainian Constitution, to introduce an article about the right of the Ukraine to adhere to NATO.

Russia reacted to the Coup by annexing the Crimea peninsula, after the Crimean population overwhelmingly chose by referendum, to be part of the Russian Federation.

The global West - USA and NATO member states then wielded heavy sanctions on the Russian Federation.

Russia managed to survive the assault on its economy, but the national currency, the Ruble (RUB) took a beating, with the exchange rate vs US$ diving from one US$ for approximately 4.4 RUB  to around one US$ for 80 RUB - which is now approximately the exchange rate at the beginning of Russia military intervention into the Ukraine on February 24, 2022.

From February 24, 2022, the global West deluged the Russian Federation with crippling sanctions, seized its reserve assets (around 350 billions US$) lodged in western banks coffers, and hammered the so-called oligarchs, in a attempt to dismantle  Russia's economy, and politically isolate the country from the world at large.

Have a look at the graph below, that shows the devastating impact of the assault on the exchange rate of the Ruble from March 25 to April 1, 2022:


As you can see, the Ruble collapsed from one dollar for 80 RUB to one for 120 RUB in one week.

- FOOL ME ONCE...

This time, contrary to what happened after the annexation of the Crimean peninsula, sanctions crippling impact lasted only approximately 15 days. Click this link for day-to-day RUB exchange rate against the US$. 

Indeed, the RUB regained strength and is now, on the date of this writing - April 15, 2022, trading below 80 RUB for one US$. And Euro and US$ currencies are now flooding the Russian Central Banks coffers.

So, the dream of the global West strategists to transform the Ruble to rubbles is not happening

The Russian strategists had learn their lessons from 2014 Maiden Revolution in the Ukraine, and took adequate fiscal and financial measures to weather the storm.

They made the Ruble the first currency in the world backed by natural resources, gold, oil, platinum, palladium, helium, potassium, and agricultural produces. Etc.

- NOW WHAT? A FIERCE BATTLE PITTING PETRO-RUBLE AGAINST PETRO_DOLLAR IS UNDERWAY

With the flurry of sanctions wielded against Russia, the Global West strategists overplayed their hands and opened the Pandora Box that would accelerate the demise of King Dollar.

Indeed, Russia is not Iraq or Libya and cannot be bullied to oblivion, as it is endowed with all kinds of natural resources valued at around 75 trillion dollars; and a tiny debts level in the range of 450 billion US$ (as of April 1, 2022); compared to 22 trillions dollars for the leader of the West - the USA.

Moreover, Russia controls the global energy market and can divert production of oil and gas towards the East (India and China in particular) at discounting prices, that would not be detrimental to the budget of the state

Indeed, the Russian Federation budget is planned with oil price at 40 US$ per barrel, far below the price now hovering around 100-150 US$ per barrel.

So, Russia's strategists have a very large margin to play with; contrary to Europe which would have no choice but to pay for Russian gas and oil in rubles, and therefore shattering their own sanctions - and strengthening the Russian Federation economy.

- GEOSTRATEGIC CONSEQUENCES

Gloves are out. Russia is ready for a fight. On April 11, 2022 the foreign ministry of the Russian Federation, Sergey Lavrov, made the following shocking declaration:

“Russia's military action in Ukraine is meant to put an end to the US-dominated world order…Our special military operation is also meant to put an end to the unabashed expansion of NATO and the unabashed drive towards full domination by the United States and its Western subjects on the world stage...This domination is built on gross violations of international law and under some rules, which they are now hyping so much and which they make up on a case-by-case basis."

So, there is no way the current standoff would see the return to the situation ante. That is the resurgence of king dollar supremacy.

Indeed, due to the sanctions, oils price is rocketing together with the prices of food products, wheat, sunflower oil, and fertilizer. Etc.

The resulting consequences being a global rising inflation worldwide, that would undoubtedly trigger food riots. Social unrests will plague most countries - worldwide. No continent would be spared. See Peru, Sri-Lanka, Paraguay. African countries will erupt soon.

The world is at a dangerous crossroad. Governments would be toppled here and there.

The unity of the European union is now fractured, with some European countries (Austria, Serbia, Hungary - to name the few, breaking rank and accepting Ruble for oil policy as decreed by the Russian Federation. Dramatic changes are looming in the horizon of one to five years.

To weather the storm, countries around the world would search for way to "liberate" themselves from the clutches of the current central bank system - debts based and foreign controlled.

The BRICS countries have, in this April 2022, step up consultations to by-pass the SWIFT transfer system controlled by the global West. Another headache for king dollar!

Please do review again this issue published 8 years ago that shed light on the current one.

Click here to read about :The Time Has Come For African Nations to Setup A Continental Natural Resources Backed Currency

Your feedback / objection / contribution is welcome. Visit WorldWide BizCenter, and choose General Information (as topic) to create a thread for discussion. On the top of the WorldWide BizCenter page, there is a HELP link to assist you making an efficient use of the discussion board. This link also is useful

BUSINESS OPPORTUNITIES IN AFRICA

- Several business opportunities - component parts of the Integrated Developing Scheme described in Africans, Stop Being Poor! are listed in following table.

1-SHEA BUTTER (5, 6, 7, 11, 12, 13) 2- BLUE GOLD (14, 15, 16, 17, 18, 19) 3- FREEZE-DRIED PAPAIN (20, 21, 22 and here) 4- KENAF (23, 24) 5- VEGETABLE OIL (25, 26, 27, 28) 6- CEREALS (30, 31, 32, 33) 7- FRUITS (34, 35, 36, 37, 38, 39, 40, 42, 43, 44, 45, 46) 8- ESSENTIAL OILS (47, 48, 49, 50, 51, 52) 9- ROOTS & TUBERS (54, 55, 56, 57, 58, 59, 60, 61, 62, 63, 64)

10- FOWL BREEDING (66, 67, 68, 69, 70, 71, 72, 73, 74, 75, 76) 11- FISH FARMING (78, 79, 80, 81, 82, 83, 84, 85, 86, 87) 12- BIOMASS ENERGY (89, 90, 91, 92) 13- SUGAR CANE & PRODUCTS (93, 94, 95, 96, 97, 98, 99/100, 101, 102) 14- LIVESTOCK (103, 104, 105, 106, 107, 108, 109, 110, 111, 112 15- MISCELLANEOUS (113, 114, 115, 116, 117, 118, 119, 120, 121, 122, 123, 124, 125, 126, 127, 128, 129, 130, 131, 132, 133, 134, 135,136, 137, 138, 139, 140, 141, 142, 143, 144, 145, 146, 147, 148, 149, 150, 151,152,153,154,155, 156, 157, 158, 159,160, 161, 162,163,164,165,166, 167 ,168,

-NO MORE SYSTEMATIC UPDATE TO "BUSINESS OPPORTUNITIES"

With the release on January 31, 2013 of Africabiz Media� flagship eBook, Africans, Stop Being Poor! The Roadmap to Prosperity for African Nations, the systematic update of the "Business Opportunities" section ends with delivery 129.

The several deliveries about "Business Opportunities" in African countries - started since 1997 - exposed in the table above number 128. Each of these opening way to at least five additional investment opportunities, that makes around 600 (six hundred) business opportunities exposed by Africabiz Online since 1997.

That is enough for anyone searching for business opportunities in African countries, to find his bread and water to entering the promising market of 49 sub-Saharan African countries where double-digit growth rate is the norm for well planned and professionally implemented projects.

From time to time, some exceptional project might be here reported, which needs shareholders.

- This is not the end of Business Opportunities in Africa

This is not the end of the Blog thought! If you do need a specific project to be tailored for you from the ground level, to financing research and implementation supervision, please visit the support page here available open a ticket to contact Dr. Quenum & Associates for assistance.



- Interested parties - private African and international investors / companies, government agencies, international development agencies - to make contact through the Free Access Support Console available at this link

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COUNTRIES BRIEFS