Silicon Valley
v2 Chapter 525: Rudely enter the African market
v2 Chapter 524: Acquiring the rhythm of the earth (2 in Next »
v2 Chapter 526: Travel to Madagascar
"Mr. Williams, welcome to South Africa!" Gary Tennyson stretched out his palm very enthusiastically.
Henry smiled and shook hands with him, "Thank you very much, President Gary Tennyson!"
Gary Tennyson smiled, and then began to introduce Henry to the group of people behind him, all of whom were high-ranking officials in the South African government. Henry shook hands with them one by one and greeted them one by one. After that, at the invitation of Gary Tennyson, he got in his presidential car and headed to the hotel.
…
South Africa is located at the southernmost tip of the African continent and is known as the "Rainbow Country". Its land area is 1219090 square kilometers, twice that of Madagascar. With a population of only 40-50 million, South Africa is now the second largest economy in Africa. As for the first place, Nigeria, with a total population of 173 million, is the largest oil producer and exporter in Africa. However, although South Africa is the second largest economy in Africa, it is the most developed country in Africa, with a per capita GDP five times that of Nigeria. In particular, the finance, law, communications, energy, and transportation industries are particularly developed and have a complete hardware foundation. Facilities and stock exchange markets, and deep-well mining and other technologies are also world leaders.
In addition, South Africa's gold and diamond production volume ranks first in the world.
Madagascar is on the verge of South Africa, a relatively developed country, which is conducive to the trade and development of the two countries. As the saying goes, near and far are not as good as neighbors, and establishing a good relationship with South Africa is naturally a more important thing at present. In addition, South Africa and Madagascar are across the sea, and there is no dispute over the land. Therefore, South Africa is one of Madagascar's important allies based in Africa.
South Africa is the only country in the world with three capitals, the administrative capital Tshwane, the legislative capital Cape Town, and the judicial capital Bloemfontein. Henry’s current city is Cape Town, the legislative capital. Cape Town is the second largest city in South Africa, with beautiful natural scenery, and the famous Cape of Good Hope is also located in this city.
Gary Tennyson booked a room for Henry at the Hilton Hotel in the heart of Cape Town. When everyone came to the hotel, it was almost evening. That night, Gary Tennyson invited Henry to dinner, and Henry naturally agreed.
Only Henry and Gary Tennyson were at the dinner table, and the rest were waiting outside the private room.
The two of them ate and talked.
But at this moment, Gary Tennyson’s heart is very hot, because in less than a month, Henry has invested hundreds of billions of dollars in British shipyards, energy and telecommunications industries. This really shocked and envied Gary Tennyson. , If Henry can invest in South Africa, it will play a huge role in the development of South Africa. And more importantly, Henry Williams' investment has become the vane of investors. The country he invests in will surely attract more investors to join.
"Mr. Williams, what business do you plan to invest in South Africa?" Gary Tennyson couldn't help asking.
"South Africa is a big mining country, I plan to invest in mining!" Henry responded with a smile.
South Africa is very close to Madagascar. Mining here can reduce transportation and time costs, and South Africa’s labor is very cheap.
Gary Tennyson nodded clearly. Most of the companies that came to invest in South Africa were investing in mining.
Henry smiled at this time, "In addition, I am also more interested in South Africa's financial and telecommunications industries! Your Excellency President Gary Tennyson, can you tell me about these industries?"
When Gary Tennyson heard the words, he was immediately overjoyed. Henry Williams took a fancy to the three industries in South Africa. Investment must not be less!
"Okay, Mr. Williams, then I will introduce you to South Africa's mining, finance and telecommunications..."
Immediately, Gary Tennyson began to give Henry a detailed introduction to these three industries. Gary Tennyson deserves to be the president and knows everything in his country. Henry sent someone to investigate before he came, and combined with the introduction of President Gary Tennyson, he now has a clearer understanding of South Africa.
"Your Excellency President Gary Tennyson, after listening to your introduction, I am more confident in South Africa!" Henry said when he sent Gary Tennyson to the hotel door after dinner, "So, I have decided to Invest in South Africa, and the investment amount must be at least US$50 billion or more!"
When Gary Tennyson heard the words, his body trembled...
The next day, Gary Tennyson really saw what it meant to be rich. More than 20 large-scale mining companies in South Africa all received the invitation letter from Henry Williams on the same day.
"It was only the next day that we initiated acquisition invitations to more than 20 mining companies. Isn't this an exaggeration..." Gary Tennyson was stunned in shock.
Andrew Mining Company: "Rich Reid, has your company received an invitation to acquire from Henry Williams?"
"Received!" said the man named Rich Reid, "not only our two companies, as far as I know, as far as I know, as long as the top mining company in South Africa has received Henry Williams' invitation to buy As for those companies that have not received an invitation to acquire, Henry Williams should look down upon it!!"
"Fuck, this TM is too tyrant!"
"Hehe, money is so capricious! What's more, the assets of our companies all add up to 20 to 30 billion U.S. dollars. This amount of money may not be a big deal in Henry Williams' eyes!"
"Worri, at his worth, it's really like this..."
…
…
The weather in South Africa is very good, especially Cape Town, which has a Mediterranean climate with bright sunshine and moderate air humidity. It is most suitable for vacationing here.
Henry closed his eyes slightly, lying leisurely under the umbrella, while his secretary was reporting to him.
"Mr. Williams, we have jointly sent out acquisition invitations to 25 mining companies, and currently 18 companies have agreed to negotiate!"
"Well, I see, try to get as many mining companies as possible!"
"Yes!"
Henry's future development in Madagascar, the construction of houses, various public infrastructure, telecommunications, transportation, development of heavy industry, etc., will require a lot of mineral resources. I am afraid that the Williams Mining Company cannot satisfy Madagascar's quest. Since South Africa is so close to Madagascar, it is natural to acquire as many South African mining companies as possible. As long as the scale increases, the cost will come down! Henry buying a mining company now is much cheaper than buying minerals from others in the future!
Underdeveloped countries also have the benefits of underdeveloped countries, such as Madagascar now. For Henry, it is almost a blank piece of paper. Henry can use his imagination to build this country. Henry hopes to build it into a more tycoon country than Dubai, and build a variety of sci-fi, or some weird and amazing buildings, to attract tourists and investors, and focus on the development of Madagascar's tourism industry. At the same time, vigorously support the development of finance, technology, and entertainment industries, especially the development of high-tech!
In Henry's cognition, only science and technology can make a country strong!
At this time, Henry stood up from the recliner, stretched his body, and asked the secretary: "Is the information investigation of the South African MTN Group clear?"
"It has been clear that MTN was established in 1994 and currently operates in 21 countries in Africa and the Middle East. It is the largest telecommunications company in Africa and one of the world's top 500 companies. The price may be a bit high!"
"No matter how much the money is, the telecommunications company will do it!" Henry's eyes flashed. Africa is a market, he is determined by himself, and the founding of a nation is just around the corner. If you own the MTN Group, you will definitely be able to play a big role in Africa!
"Yes!!"
"Does the bank have a goal?" Henry asked at this time.
"The think tank team believes that Standard Bank of South Africa can be acquired!"
"South Africa Standard Bank?" Henry couldn't help but muttered, feeling that the name was so familiar... Henry suddenly remembered that in 2008, Industrial and Commercial Bank of China acquired 20% of South Africa's Standard Bank and became the largest shareholder. This news also Once on the headlines of major financial media. When the pace of world economic development slowed down, the African economy was developing rapidly. China-Industrial and Commercial Bank of China had a good eye. It invested in Standard Bank earlier and entered the African market.
"Introduce the situation of this bank!"
"Okay!" The secretary standing next to Henry opened the document in his hand and began to say: "Standard Bank has a long history and is currently the largest commercial bank in South Africa and even Africa. UU Reading www.uukanshu.com owns the bank. There are 1,051 branches in 18 countries in Africa and major financial centers in Europe, America and Asia. The business covers retail banking, corporate and investment banking, and life insurance. It has 46,000 employees worldwide."
The secretary paused at this moment, "Mr. Williams, in fact, Standard Bank and Standard Chartered Bank had a cooperation. Standard Bank was established in 1969, but in the same year it merged with Standard Chartered Bank to form Standard Chartered Bank. However, in 1987, Standard Chartered Bank sold 39% of its shares, making Standard Bank of South Africa a fully South African bank."
"Hehe, there is still this relationship..." Henry couldn't help but smile, and then nodded to the secretary, motioning him to continue.
"Since 2001, the return on equity of South Africa's Standard Bank has been above 20%. According to the analysis of the think tank, the development potential of Standard Bank is huge. In the future, with the prosperity and development of Africa's economy, its scale and benefits will continue to expand. Therefore, it is very worthy of acquisition! In addition, Standard Bank of South Africa is currently one of the top 500 companies! The market value is around US$18 billion!" said the secretary.
"Well, then buy South African Standard Bank!" Henry nodded.
There is Bank of America in the American market, Royal Bank of Scotland in the European market, Standard Chartered Bank in the Asian market, and Standard Bank in the African market. These four banks exist, and banks with the "Williams" logo will be opened all over the world. (More chapters tomorrow)
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