AFRICA | REGION REPORT
The LNG project includes development
of the Golfinho and Atum offshore natural gas fields and the construction of a two- train liquefaction plant. Marc Kleiner is the managing director,
of Condra, based in Johannesburg, which began manufacturing its first overhead cranes in 1971 after seeing an opportunity for hoists and overhead cranes in the South African market in place of local assembly from imported components. “Africa’s sporadic insurgencies are
a problem. They make things difficult. Witness the recent attack by ISIS in Palma, northern Mozambique. One of the oil companies there declared force majeure because of that attack, so now we have the crane that they ordered stored here at our factory until the situation can be sorted out,” he says. “In terms of the future, it will continue to
remain possible to succeed in the African lifting equipment market, though it will remain difficult. But Condra is African and understands Africa. Therefore, our success is likely to continue.” Indeed, it is not all doom and gloom, in March, the UK signed a trade partnership
agreement with Ghana that secures tariff- free trade and provides a platform for greater economic and cultural cooperation. The deal supports a trading relationship
worth £1.2bn and reinstates the terms of the economic partnership agreement between the two sides when the UK was part of the European Union.
It means Ghanaian products including bananas, tinned tuna and cocoa will benefit from tariff-free access to the United Kingdom. UK exports are also in line to benefit from tariff liberalisation from 2023, including machinery, electronics and chemical products. “With tariff-free access for Ghana to the UK, it will enable businesses to scale up their operations, support innovation in markets and create jobs as we recover together from the coronavirus pandemic,” said James Duddridge, UK Minister for Africa at the Foreign, Commonwealth and Development Office (FCDO). “Ghana’s largest exports to the UK include mineral fuels and oil, preparations of fish, fruit, cocoa and cocoa preparations. Its top imports include clothing/textiles, machinery and mechanical appliances,
and chemical products from the UK. The deal means the UK has now secured trade agreements with 65 non-EU countries, representing trade worth £217bn in 2019. This accounts for 97% of the value of trade with non-EU countries that we set out to secure agreements with at the start of the trade continuity programme.” Total UK trade with Ghana was £1.2bn in 2019, of which UK exports were £652m. The UK government has secured trade agreements with 65 countries plus the EU. Total trade with these countries was worth £890bn in 2019. This is equivalent to 63% of UK total trade (Sources: ONS UK Trade). Another success story is EnerMech, which has operated in Africa for more than ten years, working across the continent from Egypt to South Africa and Angola to Madagascar, providing mechanical, electrical, instrumentation and integrity services to the international energy and infrastructure sectors. It recently established a presence in
Mozambique hiring country manager Celestino Maússe and opening an office in the capital city of Maputo, the gateway to Mozambique’s international energy market.
R Jaso can assemble parts on site thanks to its partners in Africa 32 | June 2021 |
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