Financial freedom starts with smiling at life

Kenya lacks mature and advanced exploration and mining technologies, and even some open-pit mines require the purchase of mining equipment from domestic companies.

This results in the company appearing wealthy, but the money not actually flowing into its pockets.

In particular, the mining of titanium ore.

One Australian mining company alone accounts for three percent of the global titanium raw material trade in Kenya.

BSE Minerals of Australia is also the most established operator in Kenya engaged in titanium mining and processing.

They made a fortune in Kenya.

Before the National Alliance Party raised mining taxes, the mining industry in Kenya was largely dominated by Australian companies.

Not only Australia is eyeing this fertile land, but countries such as Britain and Canada are also vying for it.

In particular, the Malindi mining area mentioned by Jiangbei City.

This mining area was later discovered to contain abundant titanium sand reserves.

The Kenyan government lacks the capacity to mine the Malindi mine itself and hopes to collaborate with technologically advanced countries and companies to jointly operate the mine.

They proactively sought cooperation with the major Eastern power.

However, China has little interest in direct mining and processing.

We'll stick to the old approach.

Road construction and infrastructure development, exploration assistance, equipment sales, etc.

Because the risks of mining in this area are extremely high.

Regional political instability, terrorist activities, and a frenzy of Western capital grabbing...

These destabilizing factors can be fatal to businesses.

You might invest a large sum of money, but before you even start operating, some unexpected accident might occur.

Domestic enterprises, especially state-owned enterprises, are now very cautious about engaging in production and business activities overseas, particularly in Africa and the Middle East.

For security reasons, many state-owned enterprises have now established their own security companies.

Of course, this kind of security company is completely different from SSG in Jiangbei City.

SSG is just a mercenary group with a different name.

It was born for war.

China's international image suggests that it will not engage in or operate related armed security companies.

Therefore, considering the difficulty in avoiding risks, they simply gave up on entering the mining industry.

However, the domestic demand for Kenyan titanium sand mines is certainly very high.

After all, titanium ore can be processed into sponge titanium, titanium gold, and other raw materials needed for cutting-edge technologies.

China is also a major technological competitor, with a large demand for imports.

If a private enterprise has a mature mining and deep processing industrial chain in Kenya and is willing to cooperate with a domestic state-owned enterprise to invest in the establishment of a new mining company to engage in titanium mining and processing.

Domestic state-owned enterprises will definitely be very active in this regard.

This significantly reduces investment risk.

It would be even better if this private company also had the strong ability to protect its overseas assets.

They are the perfect choice for cooperation with central state-owned enterprises.

The Jiang family's Kunlun Mining Group now possesses such excellent conditions.

Jiang Beicheng himself also has a very wide network of connections in Beijing's social circles.

He was well aware that Britain and Canada were vying for the mining rights in the Malindi mine, and that the Kenyan government was observing the situation before ultimately choosing to cooperate with the party offering the most leverage.

Therefore, if they want to take over the Malindi mining area, they must snatch it from the mouths of Britain and Canada.

How to grab it?
It's actually quite simple: just offer a bargaining chip that will most appeal to the Kenyan government.

In fact, when he faced Ruto and offered him five hundred million US dollars, Ruto was already tempted.

This is real money.

It's more tempting than the promises made by Britain and Canada.

This could help the Ministry of Finance alleviate its large external debt burden next year.

Ruto wanted to accept the five hundred million US dollars from Jiang Beicheng, but he worried that Jiang Beicheng couldn't compete with the other rivals. After all, the other party was a government entity, and although Jiang Beicheng had a strong social influence in this major Eastern country, he was ultimately a private entrepreneur.

It cannot be denied that he can act with impunity in many African countries, including Kenya, where even the ruling party has to give him some leeway. However, compared to developed Western countries, Jiang Beicheng's strength appears very weak.

Now, five hundred million US dollars are dangling in front of him, and he wants to take it but doesn't dare to.

Jiang Beicheng didn't beat around the bush and asked directly, "If Sinoma International is willing to invest in the Malindi mining area with the Jiang family, is the President willing to have the ruling party endorse it?"

Ruto's expression changed slightly.

He didn't show it on his face, but he was very excited inside.

There is no better partner than the great Eastern power.

However, a good opportunity has not been found in the past. If Jiang Beicheng can attract Sinoma International to invest, the Kenyan government and the Jiang family's Kunlun Mining Group will no longer have to worry about competitors such as Britain and Canada.

Sinoma International is backed by China National Building Materials Group, a central state-owned enterprise with total assets exceeding one trillion yuan.

In Africa, the presence of Sinoma International can be seen in almost every large-scale infrastructure project.

Similarly, Sinoma International is also the largest Chinese operator in African mining exploration and equipment sales.

powerful.

It is mainly due to its background as a major Eastern power.

Ruto snapped out of his daze. "Mr. Jiang, as the leader of the National Union Party, I would like to express my apologies to you once again."

Regarding your father's matter, I will give you a satisfactory answer, and I hope the final outcome will be a win-win situation.

In fact, they have already expressed their stance to Jiangbei City.

If the Malindi mining area matter can be implemented according to Jiangbei City's plan, the Kenyan government is willing to cooperate with the embassy to extradite Salim and more than ten other criminal suspects to be punished under Chinese law.

Tempted by huge profits.

It's hard not to be tempted.

Jiang Beicheng shook hands with Ruto: "Your Majesty, I wish you a successful re-election in advance."

Ruto smiled.

Unexpectedly, the key factor in whether he could be re-elected was this young entrepreneur from the great Eastern country in front of him.

They can no longer afford to maintain a stalemate with the Jiang family; it will bring them no benefit.

As Jiang Beicheng came out of the president's office, Vice President Gachagua happened to walk over and politely addressed Jiang Beicheng.

Because he didn't know what Jiang Beicheng and the head of state talked about in the presidential office, or how the conversation went.

The best way to deal with it is to treat it with courtesy.

Jiang Beicheng responded with a polite smile.

He left the presidential palace and hurried off to meet with President Ruto.

"Your Majesty,..."

As soon as he opened his mouth, Ruto knew what he was going to ask and said directly, "I have agreed to Jiangbei City's request to extradite Salim."

Gachagua stared at Ruto in shock, unable to believe that the leader of the ruling party had said such a thing.

Extraditing a key member of the cabinet to another country as a criminal suspect to face legal sanctions.

Furthermore, there is no extradition treaty with this country.

This is like contradicting yourself.

Kenya's rule of law and ruling party will become a huge joke.

"Your Majesty, how will you establish yourself in the international community in the future?" Gachagua asked rather directly.

The deeper question is, how will their National Alliance Party establish itself in the international community as the ruling party of Kenya?
"Has the international community ever paid attention to African countries? In the eyes of Western countries, our National Union Party has never had any face," Ruto said bluntly. "Since we can't even get into that circle no matter how hard we try, why don't we think about the present and think about ourselves?"

Gachagua understood the head of state's considerations, but the rule of law in the country cannot be taken lightly. "Your Majesty, this matter will definitely be opposed by the Cabinet and the Senate. Without sufficient reasons, we cannot obtain their vote."

Ruto said, "The reason is that Jiangbei City gave us 500 million."

Gachagua stared blankly at Ruto.

Ruto: "It's US dollars!" (End of Chapter)