Maison Catalogue, representative for financing of projects in South Africa.

Through our representative partnerships with IBT, Maison Catalogue can channel finance for private and public projects in Africa, especially in South Africa, from Chinese investors. IBT is a Hong Kong-based broker business and investment company, that is part of the Belt and Road Initiative, which is a Chinese government policy to fund projects in Africa. Chinese investment policy towards Africa is a great competition to the West (USA and Europe) for the good of Africa; let's tell the world powers that competition cannot lead to a war! Africa is still poor; something has to change!

With China, Africa has an alternative to financing its development projects and can effectively support its private sector.

Maison Catalogue is in charge in South Africa of finding the relevant private and public entities to be financed. It is such a step for this company, for which I have worked tirelessly for years. The idea of assisting corporations to establish, develop, and expand their operations across Africa can only be effective if these companies have secured the required investment. My vision for Maison Catalogue was the subject of my thesis in 2016, "Intra-African Trade and Investment, a Regional Focus," where I explained how South-South cooperation is crucial to develop and foster growth in Africa. I have also highlighted the tangible example of great African multinational corporations such as Dangote, Shoprite, MTN, Ecobank, and UBA, whose success began when they embarked on intra-African FDI. UBA even recently opened an office in Dubai. This is what an African bank can do from Nigeria—not to mention Naspers and Dangote Cement—because there is wealth in Africa. Maison Catalogue, as the representative of IBT in South Africa, is responsible for channeling billions of dollars financing to South Africa to be raised from Chinese investors, It's amazing, and aligns perfectly with my vision to see a devolved Africa. With capital available—almost the size of an African country's budget—I will truly celebrate this as a milestone.

We were delighted to propose this funding scheme to the South African government, with correspondence addressed to close collaborators of the President of the Republic of South Africa. This funding will be for private and public projects across all sectors in South Africa, amounting to USD 50 million and upwards.
It should be noted that social media can be a great tool to reach the relevant authorities; the Internet is best for networking as it can be done easily online. Royalties, presidents, CEOs, and big companies are online. On social media, we can easily interact with them. Elon Musk interacts more online than in his office; he can't have 100 people a day in his office, but he can interact with millions of people a day via Twitter. Elon Musk gets one of the highest impressions on Twitter.
This is how social media platforms like Twitter and LinkedIn are amazing tools for networking; you can also share your worldview. With LinkedIn, it's incredible to be able to see the news, the varieties, and the plurality of news in the world of professionals in 1 hour. The content is of quality and relevance.

As we celebrate Women's Day next week, it's important to highlight how our offering can help fund industrial women entrepreneurs in South Africa like IDC does.

To that extent, we are satisfied with our contacts with South African authorities such as provincial governments, the General Hollomissa for available projects in the Eastern Cape, and the CIC Julius Malema. We were also pleased with our engagement with government agencies such as KZN Investment, which I commend for their professionalism and platform to help the development of KwaZulu-Natal, and Wesgro, whose investment visit to my country, Côte d'Ivoire, impressed me. Wesgro is what trade and intra-African investment are all about.

Let us celebrate the development of Africa, for investments flowing into the economies of African countries will undeniably create growth. As the world faces economic challenges and crises, when such investments are available to Africa, it speaks to the potential of our beloved continent. Africa is still a great investment destination.

 

Marius C. Oula

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