AFCON & African Consortium started its operations in 2020 as a Turkey-based organization.
The main purpose of the organization is to ensure that companies, institutions and organizations with international working capacity that operate in various countries of the world and target African countries for trade, investment, financing and social support projects work together to realize large and successful projects.
The founder and leader of this organization is Turkey-based GM GLOBAL GROUP. The company operates in the fields of International Trade, Brokerage, Contracting and Consultancy.
AFCON is an organization that includes over 250 international companies and institutions as of today and has the power to meet all the economic, commercial, financial, investment, operational and social resources needed in African Countries.
AFCON includes International Trade, Brokerage, Construction, Energy, Mining, Environmental Technologies, Mass Housing, Contracting, Engineering, Industry, Agriculture, Fast Moving Consumer Goods, Textile, Logistics, Tourism, Health, Education, Production, Investment, Financing, Law, Consulting Companies and many Social Support Organizations that work together, combine their strengths and have very high financial and operational resources.
AFCON has established 9 specific organizations that work in different areas in order to carry out its activities in the most efficient way and achieves excellent results with the business models implemented in these organizations.
If we talk about these organizations;
1. ABDO – Africa Business Development Organization
2. AFINVEST – Africa Finance Invest Council
3. PIA – Partner in Africa
4. TIA – Trade in Africa
5. Commodity Construction
6. AMP - African Man Power
7. CSA - Cube Stock in Africa
8. COOPAF – Africa Cooperatives
9. AGIP – Young African Business People Platform
AFCON has started to manage a 10-year target projection that will start in 2025 and continue until 2035, with an investment and commitment intensity.
If we talk about some details of this projection;
1. To provide a total of $500 billion in financing for infrastructure and superstructure projects that need to be carried out urgently in order to raise human living conditions to acceptable levels in all African countries with the power of AFCON stakeholders.
2. To ensure the establishment of large-scale industrial facilities in African countries in accordance with the advantages, taking into account regional resources, and to make the necessary logistics and marketing investments for the products to be produced to be sold in world markets. (10-year investment target $7.7 billion)
3. Investments will be made in small and medium-scale production facilities that will increase the welfare of the people in all African countries, contribute to employment, be planned in accordance with regional advantages, and create high added value by converting underground and aboveground resources into products. (10-year investment target $5.6 billion)
4. To conduct up-to-date and impartial research on the Infrastructure, Superstructure, Energy, Mining, Agriculture, and Industry sectors in African countries, and to provide technical and academic support to state administrations in order to determine real needs and priorities. To carry out the necessary feasibility studies in order to make the right budgeting for all planned investments and to reach the most accurate results under the most suitable conditions.
5. To unite the international small investor portfolio for the production facilities to be established in African countries in the COOPAF investment and production cooperatives to be established under the management of AFCON and to ensure that large-scale investments can be made with the total power of these small-scale investors. (Total investment capital targeted in 10 years is 10 Billion $)
6. To facilitate the participation of our African student brothers and sisters studying in Turkey in business life by using the institutional structure of AGIP - African Young Business People Platform established in Turkey under the management of AFCON and to ensure that they find suitable workplaces to gain professional experience.
To ensure that our African students and/or young brothers in Turkey can take part in the positions of representative - intermediary - merchant in trade between Turkey and African countries and to ensure that their commercial, social, financial and legal rights are protected while doing all these. (Total turnover targeted in 10 years with this organization is 5 Billion $)
AFCON’s Medium-Term Strategy 2025-2035 builds on the consortium’s previous Strategic Plan (2020-2024). Extensive consultations across a broad range of stakeholders have revealed a clear desire for more results-oriented work; greater selectivity and certainty in engagement; sustained improvements in business relationships and efficiency; i
AFCON’s Medium-Term Strategy 2025-2035 builds on the consortium’s previous Strategic Plan (2020-2024). Extensive consultations across a broad range of stakeholders have revealed a clear desire for more results-oriented work; greater selectivity and certainty in engagement; sustained improvements in business relationships and efficiency; intensive country dialogues; and more systematic matching of resources according to priorities.
The past decade has seen many African economies grow at an unprecedented pace, paving the way for promising reductions in poverty. Until recently, when the global economic crisis brought new pressures and uncertainties, the conditions for sustainable development were quite broad. A softer global economy, characterised by tougher credit conditions and a vastly changing international aid architecture, poses, at a minimal level, sharper medium-term challenges for the Bank and regional member state stakeholders.
The Strategy aims to: To ensure that AFCON focuses on serving the basic needs of its stakeholders, which are African governments, in their development plans, while also being actively involved in a more volatile, uncertain and competitive environment. AFCON - The African Consortium, while having gained a unique position in Africa, must maintain its relations with all member countries in the region in this regard. In order to achieve this, more effective action must be taken; it must be equipped with the necessary instruments and resources.
In this sense, an effective strategy should be to create a working area rather than a detailed plan. Within the framework of certain priorities, AFCON should be able to respond to changing needs and situations. AFCON should be evaluated according to the results it achieves. These results include AFCON's contributions to development through the promotion of equitable growth and economic integration, the reduction of poverty and the general solution to Africa's problems through these means. Our goal is to maintain our preferred partner position in Africa, providing quality investment and advice opportunities. In this context, AFCON; It will develop infrastructure, value-added industrial production, agricultural development, fair governance and a more competitive private sector, and increase selectivity by focusing on higher education.
AFCON sees financing activities as the most important and primary among all its activities in African countries and works with high concentration in this field.
AFCON is very experienced in producing rapid solutions with its international stakeholders regarding the processes that pose urgent socio-cultural and socio-economic needs in Afric
AFCON sees financing activities as the most important and primary among all its activities in African countries and works with high concentration in this field.
AFCON is very experienced in producing rapid solutions with its international stakeholders regarding the processes that pose urgent socio-cultural and socio-economic needs in African countries and works with very high performance.
If we talk about international partners, we can list our stakeholders as Eximbanks of Developed Countries, Project Investment and Financing Funds, International Insurance Funds, Special Finance Institutions, International Aid Organizations, International Stock Exchanges, International Contracting Companies, International Energy - Oil - Gas - Mining Companies.
AFCON takes into consideration many factors such as the current economic conditions of the country in need of financing, short-medium-long term economic projection, underground and surface resources, and recovery projection related to investment in financing processes and presents an excellent process management in terms of facilitating access to financing with all financing models applied in the world and AFCON-specific analytical models.
The African continent has one of the world's largest geographical economic potentials with its socio-cultural diversity consisting of 56 countries, a total population of 1.4 billion, an annual economy of $3.4 trillion and an annual import potential of over $1 trillion.
All countries that make up the continent have very high potential and v
The African continent has one of the world's largest geographical economic potentials with its socio-cultural diversity consisting of 56 countries, a total population of 1.4 billion, an annual economy of $3.4 trillion and an annual import potential of over $1 trillion.
All countries that make up the continent have very high potential and value underground and aboveground resources, these resources have not yet been incorporated into the economy, and in addition, the young population, which is equally important in terms of both consumption and production capacity, does not have such a high potential in any other region of the world as in Africa. 60% of the total population in Africa consists of young individuals under the age of 19.
The African continent has assets and advantages that can provide a very serious competitive advantage in trade, such as valuable minerals, agricultural production potential, diversity in animal production potential, a geography with very suitable conditions for renewable energy production and the provision of labor under very suitable conditions. Unfortunately, however, these assets and advantages cannot be used efficiently by the countries of the continent due to various social - economic - historical - cultural conditions.
In response to the contradictory situation seen in this table, AFCON is developing and implementing various solutions. AFCON first identifies high-potential resources and then produces strategies to bring this potential to the economy in the most efficient way and implements these strategies.
AFCON has adopted an idealist policy that believes in the necessity of transitioning to an AFRICAN common currency in order to develop mutual trade between African countries, prevent monetary resources from being devalued due to speculative external effects and eliminate the need to sell owned resources in highly convertible foreign currencies, and has implemented investment processes for this purpose.
This common currency system to be developed under the leadership of AFCON will develop and strengthen the commercial processes among African countries, minimize external dependency and increase the convertibility of the common currency, thus ensuring that it gains added value.
As AFCON, we have identified some very important factors that you need to consider in order to develop a business in Africa, and we have created our Business Development Strategies in line with these factors.
Market Research: Conducting comprehensive research to understand the needs and demands of local markets. The needs of different coun
As AFCON, we have identified some very important factors that you need to consider in order to develop a business in Africa, and we have created our Business Development Strategies in line with these factors.
Market Research: Conducting comprehensive research to understand the needs and demands of local markets. The needs of different countries and regions can be very different.
Sector Selection: In many countries in Africa, sectors with high growth potential such as agriculture, technology, energy, health and education should be targeted, however, market approaches aimed at niche products can also provide very high added value. For example, areas such as agricultural innovation or mobile health solutions are drawing attention.
Local Partnerships: Collaborating with local entrepreneurs and businesses can help you enter the market faster. Local knowledge and experience provide a significant advantage in growing your business.
Financing and Investment: Local and international investors offer various opportunities to provide financing for entrepreneurs. AFCON operations offer you Grant programs and microfinance options.
Infrastructure Development: Addressing infrastructure deficiencies, especially in rural areas, can increase business opportunities. Investments such as renewable energy projects or transportation infrastructure can provide a return on investment in a short time.
Use of Technology: Adopting digital technologies can increase the efficiency of businesses. Areas such as e-commerce, mobile applications and digital marketing offer growth potential.
Social Responsibility: Working in harmony with local communities and developing social responsibility projects creates a high multiplier effect on brand reputation.
Our most effective department within our ABDO operation is our 3P1M, or PARTNERS PROJECT PORTFOLIO MANAGEMENT department.
In this department, hundreds of our expert business developer stakeholders try to bring all supply and demand portfolios to a conclusion within a common pool and systematically share all the gains that will arise from t
Our most effective department within our ABDO operation is our 3P1M, or PARTNERS PROJECT PORTFOLIO MANAGEMENT department.
In this department, hundreds of our expert business developer stakeholders try to bring all supply and demand portfolios to a conclusion within a common pool and systematically share all the gains that will arise from this activity in a fair manner.
There are many benefits to using a multiple partnership structure when developing a Project and creating a Portfolio in the 3P1M management organization:
We can define these benefits as follows...
Various Expertise: Different partnerships bring various skills and areas of expertise. This allows projects to be handled more comprehensively.
Resource Sharing: Partners provide more effective cost management by sharing costs, equipment and other resources.
Network Expansion: Each partner brings their own network and connections, which means more business opportunities and potential customer access.
Risk Management: Individual liabilities are reduced by sharing risks among partnerships. This is an important advantage, especially in new ventures.
Innovation and Creativity: Different perspectives and experiences can help develop more innovative solutions and ideas.
Market Access: Local partners provide a better understanding of specific markets and faster access to those markets.
Sustainability: Working with different partnerships can increase the sustainability of projects because different stakeholders are committed to the project.
Adaptability and Flexibility: Multi-partner structures increase the ability to respond and adapt to changes in projects more quickly.
These benefits can increase the success of projects and create opportunities for long-term business relationships.
Our ABDO operation, where excellent Business Development processes are managed under the corporate umbrella of AFCON, aims to provide the following benefits for the countries of the continent by conducting Business Development activities in Africa.
The contributions of business development in Africa to the continent are quite diverse:
Emplo
Our ABDO operation, where excellent Business Development processes are managed under the corporate umbrella of AFCON, aims to provide the following benefits for the countries of the continent by conducting Business Development activities in Africa.
The contributions of business development in Africa to the continent are quite diverse:
Employment Creation: New businesses create job opportunities for local people, which helps to increase income levels and reduce poverty.
Economic Growth: The establishment of businesses stimulates local economies, increases tax revenues and contributes to overall economic growth.
Infrastructure Development: Business development processes can stimulate infrastructure projects such as transportation, energy and communication, which support the overall development of the continent.
Technological Innovation: New business models and technologies can accelerate the digital transformation in Africa and stimulate innovation.
Social Development: Businesses can also contribute to social areas such as education and healthcare, improving the general well-being of communities.
Sustainability: Sustainable business models such as renewable energy and environmentally friendly practices can contribute to solving environmental problems.
Increased Global Trade: Business development in Africa increases the continent’s integration into international markets, thereby expanding trade volumes.
Supporting Local Entrepreneurship: Supporting local entrepreneurs increases the diversification and resilience of the economy.
These contributions provide an important foundation for Africa’s sustainable development and social progress.
PIA & PARTNER IN AFRICA operation can be defined as a highly experienced and successful cooperation organization that provides services under the corporate structure of AFCON - AFRICAN CONSORTIUM and offers solution partnerships in trade, brokerage and consultancy models for the production companies in Türkiye to market their products in
PIA & PARTNER IN AFRICA operation can be defined as a highly experienced and successful cooperation organization that provides services under the corporate structure of AFCON - AFRICAN CONSORTIUM and offers solution partnerships in trade, brokerage and consultancy models for the production companies in Türkiye to market their products in the African Market consisting of 54 countries through reliable and effective distributors, and also has expert personnel for all processes such as international trade, business development, marketing, sales, documentation, license, import - export, logistics, customs clearance, trade and tax law, international arbitration.
PIA & PARTNER IN AFRICA operation uses highly experienced International Business Development Agents who have been working within the AFCON - AFRICAN CONSORTIUM corporate structure for 5 years in order to market the products produced by manufacturers in Türkiye in the African Market.
AFCON - AFRICAN CONSORTIUM within the scope of the commer
PIA & PARTNER IN AFRICA operation uses highly experienced International Business Development Agents who have been working within the AFCON - AFRICAN CONSORTIUM corporate structure for 5 years in order to market the products produced by manufacturers in Türkiye in the African Market.
AFCON - AFRICAN CONSORTIUM within the scope of the commercial relations it has established with approximately 150 countries in the world in the past 5 years, works with business development agents (brokers) and/or distributors who have the most valuable market positions and logistic advantages in the African continent consisting of 54 countries, are positioned as distributors for neighboring countries, have an integrated and accredited financial system with the world, legal systems are operated fairly, are far from political and economic risks, have sufficient market potential and have been trading in those countries for a long time.
The process starts with Market Analysis based on Sector and Product, then continues with market applications after determining potential products, determining the appropriate marketing strategy according to competitors, correct pricing, target customer base, logistics process planning, short-medium and long-term sales plans and targets, and sales start to take place after product awareness is created in the target customer base with samples and documentation.
The most important element in entering the African Market is to establish main distributors in these countries, starting from the right countries, and to ensure the flow of products to the second-degree distributors and dealers in the other landlocked, inland countries of the continent through these distributors.
As it is known, the countr
The most important element in entering the African Market is to establish main distributors in these countries, starting from the right countries, and to ensure the flow of products to the second-degree distributors and dealers in the other landlocked, inland countries of the continent through these distributors.
As it is known, the countries of Africa that have coasts and Commercial Ports are as follows;
Senegal – Kenya – Tanzania – South Africa – Nigeria – Ivory Coast – Djibouti – Mozambique – Namibia – Egypt – Morocco – Algeria – Libya – Ghana – Cameroon – Angola – Congo (DRC) – Sudan – Gabon – Somalia – Guinea – Sierra Leone – Togo
PIA & PARTNER IN AFRICA has a very serious potential distributor network from every sector working on every product in all these port countries, analyzed in the widest scope and filtered in terms of safety, efficiency, financial and operational adequacy criteria.
"You can't open any door without the right key"
PIA & PARTNER IN AFRICA has found all the right keys to enter the 54 African country markets for many years and synthesized these keys to create a Golden Marketing Key that works flawlessly and most efficiently in all African country markets.
Now it's time to use this very valuable know-how for Türkiye's very valuable manufacturers, we expect you to work with us with full openness to cooperation.
TIA & PARTNER IN AFRICA operation is a trade operation that operates under the corporate structure of AFCON - AFRICAN CONSORTIUM and is mainly carried out with the aim of selling the products of manufacturing companies in Türkiye in the African Market consisting of 54 countries as a distributor or seller. In addition, it can be defined as
TIA & PARTNER IN AFRICA operation is a trade operation that operates under the corporate structure of AFCON - AFRICAN CONSORTIUM and is mainly carried out with the aim of selling the products of manufacturing companies in Türkiye in the African Market consisting of 54 countries as a distributor or seller. In addition, it can be defined as a very experienced and very successful cooperation organization that has expert personnel for all processes such as international trade, business development, marketing, sales, documentation, license, import - export, logistics, customs clearance, trade and tax law, international arbitration.
TIA & PARTNER IN AFRICA operation uses highly experienced International Business Development Agents who have been working within the AFCON - AFRICAN CONSORTIUM corporate structure for 5 years in order to market the products produced by manufacturers in Türkiye in the African Market.
AFCON - AFRICAN CONSORTIUM within the scope of the commer
TIA & PARTNER IN AFRICA operation uses highly experienced International Business Development Agents who have been working within the AFCON - AFRICAN CONSORTIUM corporate structure for 5 years in order to market the products produced by manufacturers in Türkiye in the African Market.
AFCON - AFRICAN CONSORTIUM within the scope of the commercial relations it has established with approximately 150 countries in the world in the past 5 years, works with business development agents (brokers) and/or distributors who have the most valuable market positions and logistic advantages in the African continent consisting of 54 countries, are positioned as distributors for neighboring countries, have an integrated and accredited financial system with the world, legal systems are operated fairly, are far from political and economic risks, have sufficient market potential and have been trading in those countries for a long time.
The process starts with Market Analysis based on Sector and Product, then continues with market applications after determining potential products, determining the appropriate marketing strategy according to competitors, correct pricing, target customer base, logistics process planning, short-medium and long-term sales plans and targets, and sales start to take place after product awareness is created in the target customer base with samples and documentation.
The most important element in entering the African Market is to establish main distributors in these countries, starting from the right countries, and to ensure the flow of products to the second-degree distributors and dealers in the other landlocked, inland countries of the continent through these distributors.
As it is known, the countr
The most important element in entering the African Market is to establish main distributors in these countries, starting from the right countries, and to ensure the flow of products to the second-degree distributors and dealers in the other landlocked, inland countries of the continent through these distributors.
As it is known, the countries of Africa that have coasts and Commercial Ports are as follows;
Senegal – Kenya – Tanzania – South Africa – Nigeria – Ivory Coast – Djibouti – Mozambique – Namibia – Egypt – Morocco – Algeria – Libya – Ghana – Cameroon – Angola – Congo (DRC) – Sudan – Gabon – Somalia – Guinea – Sierra Leone – Togo
TIA & PARTNER IN AFRICA has a very serious potential distributor network from every sector working on every product in all these port countries, analyzed in the widest scope and filtered in terms of safety, efficiency, financial and operational adequacy criteria.
"You can't open any door without the right key"
TIA & PARTNER IN AFRICA has found all the right keys to enter the 54 African country markets for many years and synthesized these keys to create a Golden Marketing Key that works flawlessly and most efficiently in all African country markets.
Now it's time to use this very valuable know-how for Türkiye's very valuable manufacturers, we expect you to work with us with full openness to cooperation.
As AFCON, we offer very deep-rooted and efficient solutions for financing infrastructure projects in Africa within our COMMODITY CONSTRUCTION operation. Our working methods and financing models for these solutions are as follows.
Infrastructure projects in Africa are implemented with various financing methods. Considering the size and comp
As AFCON, we offer very deep-rooted and efficient solutions for financing infrastructure projects in Africa within our COMMODITY CONSTRUCTION operation. Our working methods and financing models for these solutions are as follows.
Infrastructure projects in Africa are implemented with various financing methods. Considering the size and complexity of these projects, many sources and financing models are used. Here are some methods that AFCON is involved in as a management stakeholder and that are widely used in financing infrastructure projects in Africa:
1. State and Public Funds
State Budget: Governments can finance infrastructure projects directly from their own budgets. However, this method may not be sufficient for very large projects, usually with limited resources.
Public-Private Partnerships (PPP): In this model, the state and the private sector cooperate to finance the project. The public receives investment from the private sector to meet its infrastructure needs. PPP is a common method especially in road, port, water and energy projects.
2. International Financial Institutions and Development Banks
World Bank: The World Bank helps meet infrastructure needs, especially in developing countries, by providing low-interest loans or grants for infrastructure projects.
African Development Bank (AfDB): The AfDB provides financing for infrastructure projects in Africa. It provides large loans to support the continent's development.
International Monetary Fund (IMF): The IMF provides financial support to countries to ensure overall economic stability, which can indirectly support infrastructure investment.
3. Private Sector Investors
Foreign Direct Investment (FDI): Foreign companies invest in infrastructure projects in Africa to provide financing for projects. This is especially common in the energy, mining, and telecommunications sectors.
Private Investment Funds and Targeted Funds: Private sector investment funds provide financing, especially for large infrastructure projects. These funds are usually managed by large corporations or asset management companies.
Digital Finance: Digital platforms and fintech companies offer innovative financing methods to attract investment in small-scale infrastructure projects.
4. Bilateral and Multilateral Aid
Bilateral Aid: Some countries make mutual agreements and investments to provide assistance for infrastructure projects in Africa. For example, China is a major investor in infrastructure projects in Africa.
Multilateral Aid and Grant Programs: Various countries and international organizations provide grants and low-interest loans to help projects in Africa. This usually includes social infrastructure projects such as education, health, and energy.
5. Bond and Debt Methods
Infrastructure Bonds: Governments and large companies can issue special infrastructure bonds to finance infrastructure projects. Investors finance the projects by purchasing these bonds.
Eurobonds and Other International Debt Instruments: Many African countries borrow money from international markets to finance their projects. This debt is usually provided through bond issuances.
6. Mixed Methods
Microfinance and Social Impact Investments: Small-scale local infrastructure projects can be funded through microfinance institutions or social impact investments. This method can be used especially in social infrastructure projects such as water, health and education.
Credit Guarantee Funds and Risk Sharing Models: Credit guarantee funds and risk sharing strategies are used to make investment in high-risk infrastructure projects attractive. This encourages the private sector to invest in infrastructure projects.
7. Local Resources and Community Participation
Local Investors and Entrepreneurs: Local investors in Africa can reduce their dependence on external capital flows by investing in infrastructure projects in their own countries.
Community Participation and Crowdfunding: For smaller projects, crowdfunding models can encourage local people to contribute to the project and generate local support.
Financing infrastructure projects in Africa is often a complex and multi-source process. The coming together of many actors, such as the public, private sector, international organizations and local entrepreneurs, is critical to the implementation and sustainability of projects.
These diversified financing methods play an important role in closing Africa’s infrastructure gap. AFCON has significant experience, network and effective solutions regarding all these methods.
AFCON is very sensitive about the extraction and processing of underground resources in Africa because it is an issue that can directly positively affect the fate of Africa and Africans.
The extraction and processing of underground resources (such as minerals, oil, natural gas) in Africa are activities that require large amounts of capital
AFCON is very sensitive about the extraction and processing of underground resources in Africa because it is an issue that can directly positively affect the fate of Africa and Africans.
The extraction and processing of underground resources (such as minerals, oil, natural gas) in Africa are activities that require large amounts of capital.
Such projects are usually financed through international partnerships, state support and various financing methods.
Below I summarize the main financing methods that AFCON uses for the extraction and processing of underground resources in Africa:
1. Foreign Direct Investment (FDI)
Multinational companies (such as Glencore, Rio Tinto, Anglo American, Total, ExxonMobil etc.) make direct investments in the mining and energy sectors in Africa.
These investments usually involve the establishment of exploration, extraction and processing facilities.
License agreements and production sharing agreements are made with local governments.
2. Government and Public Finance
Government institutions in African countries (such as the Ghana National Petroleum Corporation) may directly fund some projects.
This is usually the case for national strategic resources.
Sometimes it is supported by development banks and treasury guarantees.
3. International Financial Institutions and Development Banks
Institutions such as the World Bank, African Development Bank (AfDB), IMF, IFC provide financing for infrastructure, sustainable mining and environmental protection.
Low-interest loans, grants, technical assistance, etc. are used.
4. Private Equity and Venture Capital
Special funds invest especially for new discoveries or medium-scale projects.
This method is preferred for high-risk but high-return opportunities.
5. Commercial Bank Loans and Syndicated Loans
Borrowing from local or international commercial banks is done for large projects.
It is usually provided in a partnership (syndicated) of more than one bank.
Mineral reserves, project revenues or government guarantees can be used as collateral.
6. Offtake Agreements
Before the mine is extracted, a portion of future production is sold to buyers in exchange for investment.
This is usually done with Chinese, Indian or European companies.
This method is especially common in mining finance.
7. Public-Private Partnerships (PPP)
The state and the private sector invest together in the project.
The private sector operates the operation during the operation period, then may transfer it to the state (such as the BOO/BOT models).
8. Natural Resources in Exchange Agreements
Some African countries offer their natural resources as collateral in exchange for infrastructure investments.
The most well-known example is China's "infrastructure in exchange for resources" agreements in Africa.
9. Stock and Bond Financing
Some large mining companies raise funds by opening their projects to the capital markets.
Listings on stock exchanges such as the Johannesburg Stock Exchange (JSE), London and Toronto are common.
Additionally, project bonds may be issued.
Financing of superstructure projects in Africa (i.e. roads, bridges, dams, housing, hospitals, airports, ports, power plants, etc.) is also provided through a variety of methods.
Since these projects are costly, long-term and often complex, both public and private sources come together.
Below you can see the common financing methods that AF
Financing of superstructure projects in Africa (i.e. roads, bridges, dams, housing, hospitals, airports, ports, power plants, etc.) is also provided through a variety of methods.
Since these projects are costly, long-term and often complex, both public and private sources come together.
Below you can see the common financing methods that AFCON uses and implements for superstructure projects in Africa;
1. Financing with State Budgets and Tax Revenues
Governments can finance directly from their own budgets.
This method is usually preferred for projects of national importance (e.g. state buildings in the capital, hospitals, etc.).
It can be provided through tax revenues, direct expenditures or domestic borrowing.
2. International Development Organizations and Banks
Major actors:
African Development Bank (AfDB)
World Bank
Islamic Development Bank
European Investment Bank
Asian Infrastructure Investment Bank (in some projects)
These institutions:
Low-interest loans
Grant support
Technical consultancy
Provides project feasibility financing.
3. Financing from China, Turkey, India and Gulf Countries
China, in particular, is both a creditor and contractor in large superstructure projects in Africa. (e.g. railways, dams, ports)
Turkey's contracting activities in Africa (hospitals, housing, public buildings) are also generally financed with Eximbank loans.
Gulf funds (e.g. Qatar, UAE) can support social housing projects.
4. Public-Private Partnerships (PPP)
The private sector invests, operates and transfers to the state after a certain period of time.
The most common models:
Build-Operate-Transfer (BOT / BOT)
Build-Lease-Transfer (BLT)
Lease-Purchase
Roads, bridges, airports, hospitals and power plants are built this way.
5. Commercial Bank Loans and Syndications
For large-scale projects, more than one commercial bank comes together to provide financing.
It is especially preferred in energy and transportation projects.
Such loans usually have high interest rates, so government guarantees may be requested.
6. International Bond Issuance (Eurobonds)
African countries can issue bonds (Eurobonds) in international markets to finance infrastructure investments.
For example: Countries such as Nigeria, Ghana and Kenya have raised billions of dollars through this method.
However, the risk of repayment of these loans is high.
7. Islamic Financing Methods (Sukuk)
Especially in countries with a large Muslim population (such as Sudan, Niger, Senegal), infrastructure projects are financed with interest-free financing methods (sukuk, murabaha, etc.).
8. Foreign Direct Investment (FDI)
Especially commercial superstructures such as hotels, shopping malls, and housing projects are directly financed by private investors.
These projects usually use long-term rental or revenue sharing models.
9. International Aid and Grant Programs
Especially for superstructure projects in the fields of education, health, and rural development;
Funds are provided by institutions such as UNDP, UNICEF, USAID, JICA, and GIZ.
It is supported by grants or very low-interest loans.
10. Resource-for-Infrastructure Models
Some African countries receive infrastructure investments by offering their natural resources as collateral.
This is most commonly done by China: for example, infrastructure agreements in return for oil in Angola.
Thanks to the excellent working concept of the AMP - Afrikan Man Power operation under the management of AFCON, the presence of personnel with technical skills in African countries and the evaluation of these human resources in the international arena provide significant strategic and economic advantages for both African countries and the
Thanks to the excellent working concept of the AMP - Afrikan Man Power operation under the management of AFCON, the presence of personnel with technical skills in African countries and the evaluation of these human resources in the international arena provide significant strategic and economic advantages for both African countries and the global labor market.
You can examine some of the advantages provided by this application under the main headings below;
1. Economic Benefit (Country and Individual Based)
Foreign Exchange Input:
Technical personnel working abroad (engineers, technicians, IT specialists, health workers, etc.) send foreign exchange to their countries.
These foreign exchange transfers (remittances) are an important source of income in many African countries (for example: Nigeria, Ethiopia, Ghana, Senegal).
Reduction of Unemployment Problem:
It provides a solution to the high youth unemployment problem in Africa.
Personnel employed abroad reduce the employment burden in the domestic market.
2. Skill Development and Knowledge Transfer (Brain Circulation)
Global Standard Experience:
African engineers, technicians and software developers gain high-level knowledge and skills by working on projects around the world.
This knowledge accumulation contributes to regional development when they return to their homeland (or provide remote support) over time.
Return Brain Drain:
Individuals who gain education and experience can later establish their own enterprises in Africa or take on reformist roles in public institutions.
3. International Collaborations and Cultural Bridges
A skilled workforce from Africa contributes to the development of economic, diplomatic and cultural ties with the countries they work in.
This also makes it easier for diasporas to invest in their countries.
4. Filling the Global Workforce Gap
Especially in some sectors:
Software and informatics (ICT)
Engineering (construction, mining, energy)
Healthcare (nurse, doctor, health technician)
The skilled workforce gap is growing in regions such as Europe, the Gulf countries, and North America.
The young, educated, English/French-speaking workforce in Africa has great potential to fill this gap.
5. Increasing Infrastructure and Project Experience
Technical personnel of African origin who have worked on major projects abroad can take part in future projects to be carried out in Africa and:
Increase local expertise capacity,
Reduce external dependency of projects.
6. Innovation and Entrepreneurship
Individuals with access to global networks can:
Develop a start-up culture in Africa,
Provide technology transfer.
7. Increased Education and Certification Opportunities
Individuals with international certifications (such as PMP, AWS, Cisco, SAP) can serve as role models for young people in Africa.
This indirectly increases the quality of technical education institutions on the continent.
For example, Ethiopian engineers who worked on international projects under the guidance of AMP - African Man Power, working under the management of AFCON, played an important role in construction projects in the Middle East and brought this experience to their country.
Similarly, Nigerian software developers have made significant contributions to the technology ecosystem by working in the US and Europe and later establishing their own start-ups in Lagos.
The R&D team of the AMP - African Man Power operation operating under the management of AFCON has reached the following striking conclusions as a result of its research and is applying these conclusions in a strategic manner for the benefit of stakeholders in the operation.
African engineers and architects are more experienced, hardworking
The R&D team of the AMP - African Man Power operation operating under the management of AFCON has reached the following striking conclusions as a result of its research and is applying these conclusions in a strategic manner for the benefit of stakeholders in the operation.
African engineers and architects are more experienced, hardworking and cost-effective employees than their counterparts in other countries of the world, and there are various reasons for this.
This is a very interesting and increasingly talked about topic.
Indeed, it is observed that African engineers, architects and other technical experts stand out in many countries in terms of hard work, adaptability and cost-effectiveness.
There are several structural, cultural and economic reasons that give rise to this situation.
1. Problem-Solving Ability Developing in Difficult Conditions
Many technical experts in Africa have to work with limited resources, insufficient equipment and limited infrastructure.
This situation makes them more practical, creative and solution-oriented.
Jobs solved with standard procedures in developed countries require improvisation and agility in Africa.
Result: Experts with strong field experience and high adaptability are raised.
2. Work Discipline and Motivation
The work ethic of African professionals is usually shaped by a high sense of responsibility and motivation to provide economic support to their families.
Since working abroad is seen as a great opportunity, there is a high tendency to take advantage of this opportunity.
At the same time, most people work much more motivated to leave the difficulties in their country behind and succeed.
3. Cost Advantage (Low Cost of Living - High Productivity)
Although engineering/architecture education in many African countries is of high quality, they are willing to work at more affordable salary levels because the cost of living is lower.
This makes them high-quality but lower-cost employees.
This balance provides a great advantage, especially in the field of remote work.
4. International Education and Ability to Be Multilingual
Education in English or French is common, especially in countries such as Nigeria, Ghana, Kenya, and Senegal.
In addition, many African engineers have studied or are certified with international scholarships (such as Erasmus, Fulbright, DAAD).
This multilingual and multicultural infrastructure increases their ability to work with global teams.
5. Early Entry into the Field and the “Do-it-All” Culture
Technical personnel in Africa often work on construction sites and workshops even during their education.
Education is not “theory to practice” but mostly “practice to theory”.
This results in experts who balance theoretical knowledge with field experience.
6. Ability to Think Multi-Disciplinary
Due to lack of resources, many professionals have knowledge not only in their own field but also in other fields:
Architects but also masters of drawing programs,
Civil engineers but also know electricity,
IT experts but also know customer management, etc.
This “versatility” may not be seen in experts in many developed countries.
7. Global Demand and Diaspora Influence
The African diaspora has proven itself in technical fields around the world.
This creates a source of confidence and motivation for the new generation of African professionals.
At the same time, access to opportunities is made easier thanks to the diaspora network.
As a result:
African engineers and architects;
According to their practical intelligence, field experience, strong work motivation, cultural flexibility and ability to deliver high efficiency at low cost, they gain a competitive advantage on a global scale.
AMP - African Man Power Organization, working under the management of AFCON, has made very accurate determinations and developed very accurate strategies in its continuous research.
Indeed, the presence of a large number of labor force in African countries that can work in the construction sector provides a great advantage both in regional
AMP - African Man Power Organization, working under the management of AFCON, has made very accurate determinations and developed very accurate strategies in its continuous research.
Indeed, the presence of a large number of labor force in African countries that can work in the construction sector provides a great advantage both in regional projects and international construction sites.
The fact that these workers can often adapt to different jobs and have a wide range of skills stems from some basic socio-economic and cultural factors.
Below, I list the main reasons why African construction workers are so flexible, versatile and cost-effective:
1. Multi-skilled Work Habit
Many African workers have learned to work in more than one area, not just one, due to economic necessity.
For example: a worker can both tie iron, plaster and remove formwork.
This ability to "do everything" makes them very valuable and flexible on construction sites.
2. Practical learning developed through the master-apprentice relationship
Many construction workers are trained by learning from their masters rather than attending technical schools.
This also brings them into the field at a very early age and develops their practical intelligence.
The master-apprentice system develops both work discipline and versatility.
3. Accustomed to working with limited resources
Equipment and technology can be limited on many construction sites in Africa.
Therefore, workers:
Have manual skills.
Are accustomed to improvising solutions.
This makes them resilient and “get-it-done” workers who are not dependent on technology.
4. Physical endurance and field discipline
African workers are generally accustomed to harsh climates and field conditions (e.g. hot weather, remote areas, long hours).
This is a sought-after characteristic, especially for construction sites in the Middle East, Asia and Europe.
5. Strong motivation due to high unemployment
In many African countries where jobs are hard to find, construction work is an important source of income.
Therefore, workers:
Are more likely to work in a disciplined manner,
Do not shirk their duties,
Are willing to learn new things.
6. Large and mobile labor pool
Due to the large and young population structure:
Workforce is easily found in local projects.
At the same time, these workers can also be easily employed in overseas projects (for example: Sudanese, Nigerian, Ghanaian workers employed in construction sites in the Middle East).
7. Basic communication skills and language advantage
Many workers can speak English or French (due to the education system and colonial heritage).
This makes them easier to integrate into multinational construction sites.
8. Affordable Cost - High Productivity Balance
Workers who grow up in countries with low living costs usually show high performance at lower wages.
This makes them ideal labor force, especially in cost-sensitive projects.
For example;
Chinese companies employ both Chinese technical staff and local African workers in their projects in Africa.
Many Turkish construction companies reduce their costs and contribute to society by training and using local labor in their projects in Sub-Saharan Africa.
In conclusion;
The reason why African construction workers are suitable for every job in projects is;
They have a large and affordable labor pool combined with characteristics such as versatility, a culture of learning on the field, high motivation, practical intelligence and physical endurance.