Silicon Valley

Chapter 525 Roughly Entering the African Market

"Mr. Williams, welcome to South Africa!" Gary Tennyson extended his palm very enthusiastically.

Henry smiled and shook hands with him, "Thank you very much, Your Excellency President Gary Tennyson!"

Gary Tennyson smiled, and then began to introduce Henry to a group of people behind him, all of whom were senior South African government officials without exception. Henry shook hands with them and greeted them one by one. After finishing, at the invitation of Gary Tennyson, he got into 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 1,219,090 square kilometers, twice that of Madagascar. With a population of only 40 to 50 million, South Africa is now the second largest economy in Africa. As for ranking first, Nigeria, with a total population of 173 million, is Africa's largest oil producer and exporter. 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, especially in finance, law, communications, energy, and transportation. It also has complete hardware Infrastructure and stock trading markets, and technologies such as deep well mining are also in the leading position in the world.

In addition, South Africa's gold and diamond production rank first in the world.

Madagascar is on the verge of South Africa, a relatively developed country, which is conducive to the development and cooperation of trade between the two countries. As the saying goes, distant relatives are not as good as close neighbors, and building a good relationship with South Africa is naturally a more important thing at present. In addition, South Africa and Madagascar look across the sea, there is no territorial dispute. Therefore, South Africa is one of Madagascar's important allies based on 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. The city where Henry is now 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 Henry a room at the Hilton Hotel in central Cape Town. It was almost evening when everyone arrived at the hotel. That night, Gary Tennyson invited Henry to dinner, and Henry readily agreed.

There were only Henry and Gary Tennyson at the dinner table, and the rest were waiting outside the private room.

The two ate and chatted.

But at this moment, Gary Tennyson's heart was very hot, because in less than a month, Henry invested hundreds of billions of dollars in British shipyards, energy and telecommunications industries, which really shocked and envied Gary Tennyson, thinking , if Henry can invest in South Africa, it will play a great role in the development of South Africa. And more importantly, Henry Williams' investment has become a weathervane for investors. Which country he invests in will definitely 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, and I plan to invest in the mining industry!" Henry replied with a smile.

South Africa is very close to Madagascar. Mining here can reduce transportation costs and time costs, and South African labor is also very cheap.

Gary Tennyson nodded knowingly. Most of the companies investing in South Africa are investing in the mining industry.

Henry smiled at this time, "In addition, I am also more interested in the financial industry and telecommunications industry in South Africa! Your Excellency, President Gary Tennyson, could you introduce these industries to me?"

Gary Tennyson was overjoyed when he heard the news. Henry Williams took a fancy to the three industries in South Africa at once, and the investment will definitely not be less!

"Okay, Mr. Williams, then I will introduce you to South Africa's mining industry, finance and telecommunications..."

Immediately, Gary Tennyson began to introduce the situation of these three major industries to Henry in detail. As expected of a president, Gary Tennyson knew the conditions of his country like the back of his hand. Henry had already sent someone to do a survey before he came, and combined with President Gary Tennyson's introduction, he now has a clearer understanding of South Africa.

"His Excellency, President Gary Tennyson, after listening to your introduction, I have more confidence in South Africa!" After dinner, Henry said as he sent Gary Tennyson to the door of the hotel, "So, I have decided to Invest in South Africa, and the investment amount must be at least 50 billion U.S. dollars!"

Gary Tennyson couldn't help trembling when he heard that...

By the next day, Gary Tennyson really saw what it means to have a lot of money. More than 20 large-scale mining companies in South Africa received the invitation letter from Henry Williams on the same day.

"On the second day, more than 20 mining companies were invited to purchase. This, isn't this too exaggerated..." Gary Tennyson was stunned in shock.

Andrew Mining Company: "Rich Reed, has your company received an acquisition invitation from Henry Williams?"

"Received!" said the man named Rich Reed, "Not only our two companies, but as far as I know, as long as the top mining companies in South Africa have received the acquisition invitation from Henry Williams .As for those companies that have not received invitations to acquire, Henry Williams should be looking down on them!!!"

"Fuck, this fucking is too rich!"

"Hehe, being rich is so capricious! What's more, the total assets of our companies are only 20 to 30 billion US dollars. This amount of money may not be a big deal in the eyes of Henry Williams!"

"Wori, with his worth, it's really like this..."

...

...

The weather in South Africa is very good, especially Cape Town, which belongs to the Mediterranean climate, with bright sunshine and moderate air humidity, making it the most suitable place for vacation.

With his eyes slightly closed, Henry was resting leisurely under the sun umbrella, while his secretary was reporting the situation to him.

"Mr. Williams, we jointly issued acquisition invitations to 25 mining companies, and currently 18 companies have agreed to negotiate!"

"Well, I see, buy as many mining companies as possible!"

"Yes!"

In the future, Henry will develop in Madagascar, build houses, various public infrastructure, telecommunications, transportation, develop heavy industry, etc., all of which will require a lot of mineral resources. I am afraid that even the Williams Mining Company cannot satisfy Madagascar's pursuit. 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 rises, the cost will come down! It is much cheaper for Henry to buy a mining company now than to buy minerals from others in the future!

Underdeveloped countries also have the benefits of underdeveloped countries. For example, Madagascar is almost a blank slate to Henry. Henry can use his imagination to build this country. Henry hopes that it can be built into a richer country than Dubai, and that various sci-fi-inspired, or some exotic and explosive buildings can be built 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 technology!

In Henry's perception, only technology can strengthen a country!

At this time, Henry stood up from the reclining chair, stretched his body, and asked the secretary, "Has the investigation of the information of the South African MTN Group been clear?"

"The investigation has made it 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 top 500 companies in the world. The price may be a bit high!"

"No matter how much it costs, the telecommunication company will be the one!" Henry's eyes lit up. He has settled for the African market, and the founding of the country is just around the corner. If he owns the MTN Group, it will surely play a big role in Africa!

"Yes!!!"

"As far as the bank is concerned, do you have any goals?" Henry asked again at this time.

"The think tank team believes that Standard Bank of South Africa can be acquired!"

"Standard Bank of South Africa?" Henry couldn't help murmuring, feeling that the name was so familiar... Henry suddenly remembered that in 2008, China-ICBC acquired 20% of the shares of Standard Bank of South Africa and became the largest shareholder. This news It was once on the headlines of major financial media. While the pace of world economic development is slowing down, the African economy is developing rapidly. China Industrial and Commercial Bank of China has a good eye and invested in Standard Bank earlier, thus entering the African market.

"Let me 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. The bank has 1,051 branches all over Africa. 18 countries and major financial centers in Europe, America and Asia, with businesses covering retail banking, corporate and investment banking, and life insurance, with 46,000 employees worldwide."

The secretary paused at this moment, "Mr. Williams, in fact, Standard Bank had a cooperation with Standard Chartered Bank. 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 divested its 39 per cent stake, making Standard Bank a fully South African bank."

"Hehe, there is still such a relationship..." Henry couldn't help but smiled, then nodded to the secretary, motioning him to continue.

"Since 2001, South Africa's Standard Bank's return on equity has been above 20%. According to the analysis of the think tank, Standard Bank has great potential for development. With the prosperity and development of the African economy in the future, its scale and benefits will continue to expand. Therefore, it is very worth buying! In addition, Standard Bank of South Africa is currently one of the top 500 companies! The market value is about 18 billion US dollars!" said the secretary.

"Well, then buy the Standard Bank of South Africa!" Henry nodded.

The American market has Bank of America, the European market has the Royal Bank of Scotland, the Asian market has Standard Chartered Bank, and the African market has Standard Bank. With the existence of these four banks, banks with the "Williams" logo will be opened all over the world. (more chapters tomorrow)

(to be continued ~^~)

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