Diesel Network

Diesel Network

McKinney Diesel Generator Sells Millions to African Clients to Support the Booming Markets

The Iron Ore and precious metal Mining Industry is exploding across the emerging markets of Africa. However, so are telecom, railroads, healthcare, manufacturing and service industries. The World Bank data has been collected and assembled and all indications point this: It is time to invest in Africa.

Just look at firms such as Arkansas-based Walmart and others, and there is no doubt that a gold rush is on. The World Bank reported last week that there is a growing and immediate need for more power production in Africa. With over $1.6 trillion (USD) in GDP for 2008, Africa is similar to Brazil in total output. But with over 1 billion people on the continent, the number of telecom subscribers exceeded 450 million in 2009. There are now 20 African companies with at least $3 billion in revenues in 2010. "Don't allow your viewpoint of risk blind you to the potential of Sub-Saharan Africa," - in months, not years.

USP&E COO Jason Biermeier said that "while the perception of risk continues to exert a strong hold on many entrepreneurs, the successful executive is beginning to recognize that real risk is actually quite limited when proper due diligence and rational thought are employed." Peter Schmid, Director of the Africa Team for Actis Capital, a $7 billion London-based private equity hedge fund that focuses on investing only in emerging markets, stated that their investment management professionals are "there on the ground, meeting with the management every week" adding value "at every stage of the operations." This seems to be a common denominator for companies successfully entering these markets.

USP&E CEO Will Gruver advises that the only way to outpace risk is to "cultivate strong and extensive networks which enable deployment of all your contacts and market wisdom - due to the fact that they are setting up their infrastructure and personnel on the front end of development." As the gold and ore mining industries expand in emerging markets rife with opportunity, companies such as USP&E and Actis are positioned to enter these markets with strong business plans, quality equipment and shorter deliveries - because they are setting up their infrastructure and personnel on the front end of development. There are over a billion potential customers in Africa and a strong and growing middle class of consumers. Mr. Schmid believes that "the businesses that tap into the spending habits of those consumers have a tremendous growth story on their hands."

These firms also talk a lot about the social benefits of a growing economy with more jobs and better healthcare and infrastructure. "Don't let perception of risk blind you to the potential of Sub-Saharan Africa," stated Mr. Schmid.

USP&E is a Dallas-based global technology solutions provider that focuses on engineering, procurement, construction, operations and maintenance of HFO Generators worldwide. For more information on their offerings see http://www.uspowerco.com.

About the Author

USP&E sells and installs HFO Generators, Diesel Generators, Turbine Power Stations, Natural Gas Generators and Bio Fuel Generators. In addition to building power stations worldwide, USP&E also services and maintains diesel generators as well. Please call USP&E Companies at +1-888-515-8773 or email us at info@uspowerco.com. Pls see our stock of HFO generators at
http://www.uspowerco.com
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