NextBillion.net - Development Through Enterprise - Kenya: Small business gets Sh1.7bn fund - Comments

Business in Ghana

Anonymous — Sun, 17 Dec 2006 01:27:52 -0500

You all should be ashamed of yourselves. Setting up corporations, big bullies to further exploit Africans. I do not see much of the pprofits going to the people of the community so they can develop and structure their own communities. If you are going to help, educate them about business and support them. Everybody is out for money and big corporation is always in the forefront. Anyone of African decent should feel shame for dishonoring their ancestors and for exploiting their own people. and I am human, you should look in the mirror and question if the reflection is human.

Structured Finance

Andy Rowland — Thu, 08 Jun 2006 07:50:24 -0400

Please contact. I have some innovative ways of attracting the right finance which can be backed up by Guarantees.I may be able to assist. Regards, Andy

We require venture funds for feasible and viable projects

DOUGLAS AKONORTEY — Wed, 07 Jun 2006 17:38:17 -0400

(1)

FEASIBILITY AND VIABILITY REPORT ON THE PRODUCTION OF POTASH FROM COCOA POD HUSK IN GHANA

EXECUTIVE SUMMARY

Ghana currently, is the third world leading producer of cocoa and employs about 40% of its labour force in the cocoa industry. The cocoa pod husk, which is the major agricultural waste of the cocoa industry, has been found to be unusually rich in potassium and can constitute a viable source of potash production.

Potash has a wide range of industrial uses, some of which are summarized below:

Fertilizer i.e. KCL

Some uses of Potash

Potash obtained from ashes of agricultural wastes, referred to as organic potash, has marked advantage over mined potash, especially in the food industry, in being totally free from arsenic.

It has been estimated that a retrieval of 20% of the cocoas pod husk on the farms annually could lead to the production of some 1,000 tones of potash, worth more than $10 million. To achieve this, according to our estimates, would require a total capital outlay of some $2 million consisting of 40% in fixed capital and 60% in working capital.

Some of the major attractions of the project are:

· A Rate of Return on Investment (ROR) of more than 300%

· A Payback period of less than a year after full o0peration

· A Break-even Capacity Utilisation point of about 15%

· A Discounted cash flow rate of return of more than 200%

A novel plant design is also proposed to make it possible for the same plant for the potash production to be used for the production of other potassium salts such as the chloride for fertilizers, as well as the nitrate, the soleplate and the phosphates.

The project has the potential of providing jobs to many rural dwellers of our country and help, substantially, the government poverty alleviation efforts, while supplementing the nation’s revenue from the cocoa industry.

PROJECT ENGINEER

(2)

FEASIBILITY AND VIABILITY REPORT ON THE PRODUCTION OF ALUMINIUM SULPHATE (ALUM) IN GHANA

EXECUTIVE SUMMARY

Ghana currently import over three million-dollar worth of alum for her water treatment annually. This has the potential to increase significantly in the coming years. Furthermore, none of the countries in the West African sub-region produces her own alum the there is a high demand for the product.

Bauxite, one of the major raw materials for alum production abounds in Ghana and sells cheaply on the international markets. The project, therefore deals with the feasibility and viability of establishing an alum plant in Ghana using the Awaso bauxite deposit.

Kumasi, which is soon to enjoy and inland port faculty and centrally positioned in the country as well as in the sub-region is proven to be economically ideal for the establishment of the plant.

A plant capacity of 50,000 tonnes per annum, sufficient to provide about 25% of the current demand of the West African sub-region in alum, has been projected.

It is estimated, that a total capital investment (TCI) of four million dollars ($4,000,000.00) would be required of which three million, two hundred thousand dollars ($3,200,000.00) would be for fixed capital (FC).

Preliminary economic analysis of the project indicates a rate of return (ROR) on investment of around 60%; a pay back period of less than two minimum of 150 direct jobs would also be created.

(3)

COMPANY’S PROFILE

1^st Director & Project Engineer

PhD (Baku), M Sc. (Lvov).

Petrochemical Engineering, Kinetics and Catalysis of Heterogeneous Systems, Mechanical Separation Processes.

Research Areas

(i. Mineral Beneficiation and Separation

(ii. Product Development

Status

Shares covered > 48%

Shares uncovered > 52%

· The project is a partly Start-up & partly developing

project.

Name of the Company

Though the above two “POTASH & ALUM” projects

are start-ups, there are other 20 small scaled products

selling on the Ghanaian Market under the company of

NOTREDAME INDUSTRIES in Ashanti, Ghana.

Conclusion

Presently, interested financiers and shareholders (either venture or credit facilitators) are being sought for, after which an agreed management team will be constituted to run the plant.

Contacts:

Douglas Akonortey

(External Relations Officer)

University Post # 629, Tech – Kumasi

Ghana, West Africa.

Ph No: +233 (0)24 287 8629

Email: Douako@yahoo.co.uk

We require venture funds for feasible and viable projects

DOUGLAS AKONORTEY — Wed, 07 Jun 2006 17:37:49 -0400

(1)

FEASIBILITY AND VIABILITY REPORT ON THE PRODUCTION OF POTASH FROM COCOA POD HUSK IN GHANA

EXECUTIVE SUMMARY

Potash has a wide range of industrial uses, some of which are summarized below:

Fertilizer i.e. KCL

Some uses of Potash

Potash obtained from ashes of agricultural wastes, referred to as organic potash, has marked advantage over mined potash, especially in the food industry, in being totally free from arsenic.

Some of the major attractions of the project are:

· A Rate of Return on Investment (ROR) of more than 300%

· A Payback period of less than a year after full o0peration

· A Break-even Capacity Utilisation point of about 15%

· A Discounted cash flow rate of return of more than 200%

PROJECT ENGINEER

(2)

FEASIBILITY AND VIABILITY REPORT ON THE PRODUCTION OF ALUMINIUM SULPHATE (ALUM) IN GHANA

EXECUTIVE SUMMARY

Kumasi, which is soon to enjoy and inland port faculty and centrally positioned in the country as well as in the sub-region is proven to be economically ideal for the establishment of the plant.

A plant capacity of 50,000 tonnes per annum, sufficient to provide about 25% of the current demand of the West African sub-region in alum, has been projected.

Preliminary economic analysis of the project indicates a rate of return (ROR) on investment of around 60%; a pay back period of less than two minimum of 150 direct jobs would also be created.

(3)

COMPANY’S PROFILE

1^st Director & Project Engineer

PhD (Baku), M Sc. (Lvov).

Petrochemical Engineering, Kinetics and Catalysis of Heterogeneous Systems, Mechanical Separation Processes.

Research Areas

(i. Mineral Beneficiation and Separation

(ii. Product Development

Status

Shares covered > 48%

Shares uncovered > 52%

· The project is a partly Start-up & partly developing

project.

Name of the Company

Though the above two “POTASH & ALUM” projects

are start-ups, there are other 20 small scaled products

selling on the Ghanaian Market under the company of

NOTREDAME INDUSTRIES in Ashanti, Ghana.

Conclusion

Presently, interested financiers and shareholders (either venture or credit facilitators) are being sought for, after which an agreed management team will be constituted to run the plant.

Contacts:

Douglas Akonortey

(External Relations Officer)

University Post # 629, Tech – Kumasi

Ghana, West Africa.

Ph No: +233 (0)24 287 8629

Email: Douako@yahoo.co.uk

Kenya: Small business gets Sh1.7bn fund

John Paul — Wed, 24 May 2006 15:28:24 -0400

May 24, 2006 - 15:00, BiD Network

Story Link: http://www.bidnetwork.org/article-35653-en.html

Kenya's small and medium-sized businesses can tap into a Sh1.7 billion regional fund launched by a group of local and international companies.It will be made available in loans and business development assistance through managerial training.Dubbed 'Aspire Kenya', the initiative has been jointly established by GroFin, an African specialist business developer and financier, and Shell Foundation. Small Ugandan and Tanzanian firms will also benefit.