Many African countries are experiencing severe currency devaluations, with examples like Zimbabwe's abandonment of its dollar due to hyperinflation and Zambia's easing of protective laws on its currency. The economic challenges, including high debt and government deficits, are deterring foreign investment, while local production and partnerships with overseas companies are seen as critical for recovery. A proposed joint venture aims to produce modular concrete components more efficiently, significantly reducing home construction times and costs for homeowners in Africa.

1. African Currency Devaluation

2. Many African countries are passing through some major currency upheavals. For example, Zimbabwe accepts nine foreign currencies while the Zimbabwe dollar was abandoned due to hyper inflation. Zambia withdrew its restrictive law designed to protect kwacha.

3. African currencies are facing the downturn in sentiment towards it by other nations. Many factors like interest rates and government finances are adding to it. China and other nation dependent economies are facing also facing the heat. Africa’s debt and government deficits are hindering investors from investing.

4. As many African nations are landlocked and do not have port facilities, import- export facilities go at a snail pace compared to coastal area. Local production with assistance from overseas companies that provide guidance, equipments, know-how, engineer service, supports and partnership hold the key to its revival.

5. We have the required expertise to produce modular concrete components in the country. A joint venture between us and a local company to produce concrete modular components with available material can reduce the time to build a house. It takes over a year to build a home in Africa, with modular the job can be done in few weeks. This will save on the loan borrowed by the home owners from banks whose interests are higher than those in western countries.

6. We have the required management, engineering skills and provide full support, plus we do provide half the investment in the long run. We will also remove ocean freight, import duty, taxes and local charges from the expense column thereby increasing savings.