On The Edge of Success or Failure – A Look at African Biofuels

November 13, 2007 marks the fourth quarter analyst briefing on sub-Saharan African Biofuels Markets. Taking place in Cape Town, South Africa, The Chemicals Group at Frost & Sullivan will host the briefing and discuss the newest developments on the biofuels market in sub-Sahara Africa. This will be the first international networking event in that region, involving the entire biodiesel and ethanol value chain, including 200 of the leaders of industry from Africa, Europe, Asia, and the Americas.

Most of the focus will be on factors that are driving and restraining the market, new opportunities of special notice, and current developments. The briefing is designed to be of particular interest to government decision makers, suppliers of equipment and technology from around the world, and the biofuels and feedstock producers themselves. The two day conference will highlight new business development strategies, opportunities for investment for foreign and local companies, success stories on biofuel industries already located in the area, and what can be expected for future technologies. Countries that do not produce oil are expected to show particular interest in the sub-Saharan African biofuels market.

This does not mean that biofuels do not have their own potential problems. The biofuels industry will need sufficient support and protection from the government in order to be successful. There is also a concern of biofuels impacting the food supply, and thus, proper planning will need to be in place before biofuels are developed.

South Africa has been the leading developer of biofuels in Africa, and as much as 10% of the country’s petrol and diesel needs could be met with biofuels by 2010. Biofuels in general present the opportunity to result in a massive economic impact on the entire continent, including the development of jobs in rural areas. It can also provide inspiration for countries that are looking for a green alternative to fossil fuels.

Frost & Sullivan, the group hosting the briefing, works with their clients to speed up growth. They provide services, consulting, and information to allow clients to create growth that is successful and effective. The company offers over 45 years worth of experience working with the top companies around the world, new businesses, and the investment community as a whole.

If you want to be a part of the teleconference of the briefing, you can contact Patrick Cairns – Corporate Communications at Patrick.cairns@frost.com. In your email, include contact information, phone number, email, and location. You will then be provided with registration details.

 

0 comments so far.

Something to say?