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The Journal of African Business Issue 7

Welcome to The Journal of African Business, a unique guide to business and investment in Africa. Since the inaugural issue was published as an annual in 2020, the quarterly format has been adopted, giving our team more opportunities to bring to readers up-to-date information and opinions and offer our clients increased exposure at specific times of the year. We cover a broad range of topics, ranging from energy and mining to tourism and skills development. A wide-ranging interview in this issue with a visionary entrepreneur gives a welcome insight into how the private sector can be deployed to solve issues that go to the heart of social problems, in this instance, affordable housing. Related to urban development is the article that lays out the vision of one of the continent’s great cities to create a smarter city. Special Economic Zones have been in Africa since 1970 but there has been a great deal of new thinking about the role that these zones can play in bolstering economic growth and promoting exports. An article explores the chief motivations for the growth of this particular policy intervention and notes that more zones and organisations representing these zones are aiming to work together, not only on a continental level but through the United Nations as well. Executive education can boost the earnings of graduates of Master of Business Administration courses, but can those post-graduate programmes also respond to and equip students with the tools to tackle African challenges? The importance of being properly covered by insurance for extreme weather conditions is the subject of two case studies by the African Risk Capacity Limited, a financial affiliate of the African Risk Capacity Group, a specialised agency of the African Union. And much more... Global African Network is a proudly African company which has been producing region-specific business and investment guides since 2004.

Welcome to The Journal of African Business, a unique guide to business and investment in Africa. Since the inaugural issue was published as an annual in 2020, the quarterly format has been adopted, giving our team more opportunities to bring to readers up-to-date information and opinions and offer our clients increased exposure at specific times of the year.
We cover a broad range of topics, ranging from energy and mining to tourism and skills development. A wide-ranging interview in this issue with a visionary entrepreneur gives a welcome insight into how the private sector can be deployed to solve issues that go to the heart of social problems, in this instance, affordable housing. Related to urban development is the article that lays out the vision of one of the continent’s great cities to create a smarter city. Special Economic Zones have been in Africa since 1970 but there has been a great deal of new thinking about the role that these zones can play in bolstering economic growth and promoting exports. An article explores the chief motivations for the growth of this particular policy intervention and notes that more zones and organisations representing these zones are aiming to work together, not only on a continental level but through the United Nations as well. Executive education can boost the earnings of graduates of Master of Business Administration courses, but can those post-graduate programmes also respond to and equip students with the tools to tackle African challenges? The importance of being properly covered by insurance for extreme weather conditions is the subject of two case studies by the African Risk Capacity Limited, a financial affiliate of the African Risk Capacity Group, a specialised agency of the African Union. And much more...
Global African Network is a proudly African company which has been producing region-specific business and investment guides since 2004.

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ACCELERATING<br />

THE DELIVERY<br />

OF AFFORDABLE<br />

HOUSING<br />

Rali Mampeule is passionate about<br />

bringing housing within the reach <strong>of</strong><br />

residents <strong>of</strong> <strong>African</strong> cities. <strong>The</strong><br />

launch <strong>of</strong> the <strong>African</strong> Housing<br />

and Infrastructure Fund heralds<br />

a new era <strong>of</strong> expansion for a<br />

model <strong>of</strong> making serviced land<br />

available that has worked<br />

extremely well in South Africa.<br />

A<br />

A housing model is being rolled out that will see<br />

affordable and integrated developmental cities<br />

developed around the continent.<br />

That’s the dream <strong>of</strong> Rali Mampeule, founder and<br />

Chief Executive Officer <strong>of</strong> the <strong>African</strong> Housing and<br />

Infrastructure Fund (AHIF). This is not a dream that exists<br />

in the clouds, this is a dream based on what this successful<br />

entrepreneur has already achieved with an innovative<br />

solution to a shortage <strong>of</strong> good-quality affordable housing.<br />

As a result <strong>of</strong> this far-sighted vision, thousands <strong>of</strong> plots <strong>of</strong><br />

land in South Africa now have family homes on them.<br />

And the dream is not limited to bricks and mortar<br />

either. Rali and his team have been cooperating with<br />

scientists and researchers to work on and develop<br />

the latest technology to fast-forward the process <strong>of</strong><br />

developing and building homes.<br />

<strong>The</strong> essence <strong>of</strong> the model is that Rali and his team<br />

buy land and prepare it for development. Given that in<br />

South Africa, many regional authorities were returning<br />

unused funding meant for the development <strong>of</strong> housing<br />

to the National Treasury, Rali set out to prise open that<br />

bottleneck <strong>of</strong> funding and development that was choking<br />

the delivery <strong>of</strong> housing.<br />

To deal with what he calls South Africa’s “two-millionunit<br />

housing crisis” Rali established the South <strong>African</strong><br />

Housing and Infrastructure Fund (SAHIF) as a means<br />

<strong>of</strong> tackling the challenge <strong>of</strong> affordable housing in South<br />

8

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