h4Chapter 1772: 1602 Happy cooperation (Please subscribe!)/h4

    What?

    Agreed?

    Inside the office.

    The South African executives looked at each other in disbelief. Wow, it hasn’t even been a whole day. Seriously, you should at least show some restraint, have a proper meeting, discuss the terms or something, and they agreed so quickly.

    Does your mother know?

    Damn.

    Now that it’s like this.

    They’re stillgging behind.

    Frustrating.

    Compete on efficiency.

    They still lost. Looking at the calm face of the ERV representative, what else could they say? Just keep discussing. However, on some terms, they widened the previous standards.

    In the end.

    Oh well.

    Not much different from the original terms.

    After all that, this whole afternoon, they just made a fuss. Never mind, it’s still quite far from South Africa’s bottom line. The ERV people even said that Congo Gold only modified a few uses.

    No wonder.

    That’s about it.

    The next day.

    Morning.

    Both parties signed the agreement of intent. As of now, it doesn’t count as effective because it still needs to go through Parliament’s vote. With all the processes, it might drag on until the end of July, but the issue won’t be significant.

    Build the park.

    It’s not like it’s wasteful spending. Usually, they fight over various interest issues, and Congress would be very lively, but when they form a unified opinion, it’s a foregone conclusion.

    "Happy cooperation!"

    The South African President smiled warmly at the man in front of him.

    ---Defoe rk, head of the ERV Business Bank headquarters, once held a key position at the Federal Reserve before being rehired by ERV at a high sry, and was fully involved in the expansion and acquisition of ERV Business Bank.

    He had met him a few times.

    Considered an acquaintance.

    This signing is of significant importance, so he came in person.

    "Happy cooperation."

    "I’ve prepared a luncheon for you."

    "Thank you."

    rk smiled and thanked him.

    Just as I hoped.

    Besides the park project.

    ERV also wants to expand basic banking services in Africa. Whether it’s setting up or acquiring, it requires the support of the authorities in these countries. With the help of major consortia, ERV also needs to show a stance.

    He’s nearly sixty.

    Approaching retirement.

    Jumping from the Federal Reserve to ERV was like transferring from a central bank to a private bank; the gap was huge. But a one-hour conversation with the chairman of ERV suddenly ignited his male ambition.

    Spent his entire life at the Federal Reserve.

    No major ups and downs. Growing old, there was still a bit of regret. Then someone came to him, proposing to build a world-ss bank together, a huge temptation for him.

    He deliberated for a week.

    Resolutely decided to fill this regret.

    Took on the role of president when ERV was just starting. At that time, ERV had only just acquired a small city bank. Subsequently, with a massive capital injection, it expanded rapidly.

    Relying on capital.

    And his years of connections in the American financial industry, ERV Bank expanded very smoothly. He knew that ERV valued this point, but he didn’t care, being at an advanced age.

    Knew very well.

    People.

    Aren’t afraid of being used by others.

    Just afraid you’re useless, with no value to be used. Mutual utilization is a basic rule of human society. Employees use their skills to create value for thepany.

    Very normal.

    A lifetime of umted connections and capabilities.

    Not using them.

    Let them collect dust?

    This time.

    The strategic shift of ERV Business Bank, he believes, is inevitable. The U.S. banking industry is prosperous, but there is a ceiling, especially for basic business banks, which are almost impossible to acquire in theter stages.

    Either.

    Stop moving forward.

    Or.

    Open up new markets.

    ERV chose thetter, considered wise. Having worked at the Federal Reserve for so long, he’s well aware of the bankingndscape of those consortia. Europe and the U.S. no longer have room for ERV to expand.

    Fine by me.

    This time, besides determining the African strategy, it also gained support from major consortia, which is very beneficial for ERV. Although the road to bing a world-ss bank is still quite far, it’s not without hope.

    As long as there’s hope.

    The most feared thing is seeing a wall everywhere you look.

    ...

    At this moment.

    Nigeria.

    The high-level officials reviewing the proposal all got the news. South Africa actually reached an agreement with ERV so quickly, and so did Congo Gold. This inevitably created a sense of urgency among them.

    "Only one can be built per country?" The president looked up.

    "Yes." The ERV representative said.

    umte experience.

    Build reputation.

    Reduce risks.

    It’s impossible to open up too wide all at once.

    "What’s the total amount of your loans in Africa this time?" The president asked curiously.

    "There’s currently no upper limit."

    "..."

    No limit.

    They sure are wealthy.

    They then carefully reviewed the terms. Since South Africa and Congo Gold both agreed, it should be a good project. The only issue is how much to loan—little is useless, too much might be hard to manage.

    Nigeria.

    The most populous country in Africa.

    Currently nearing 150 million, rtively crowded, withgging urban construction. Trying to acquirend, andrge tracts of it, along with apanying construction, is quite a pressure for them.

    "What’s the main project?"

    "Our suggestion, primarily food processing for the first phase."

    "Hmm."

    The president nodded in agreement.

    Sounds good.

    Adapt to local conditions.

    With a poption of 150 million.

    Feeding everyone is a big issue. Although Nigeria is rich in resources, even that can’t support so many mouths. Solving all issues with one park is clearly unrealistic, but step by step is quite good.

    ERV seems sincere.

    Considering their feeding needs.

    "What about the second phase?"

    "Agricultural tools, fertilizers, seeds, etc..."

    Although this wasn’t written in the proposal, ERV’s sincerity was evident. Even though it’s rtively low-end, everyone present knew that besides technology, high-end industry requires knowledgeable people.

    If the food issue can be solved first, that would be quite good.

    Fertilizer.

    Seeds.

    Tools.

    Processing.

    If expectations are met, this project would be worth it. Nigeria has alwayspeted with South Africa for the top economic spot in Africa, relying on oil and resource exports, and has some money; they aren’t afraid of loans.

    Seven years only.

    Not long.

    ...

    In the following days.

    The ERV delegation didn’t stop moving.

    Promoting.

    Leaving personnel.

    Next one.

    rk followed behind to sign, providing a one-stop service.

    Ethiopia.

    Egypt.

    Tanzania.

    Kenya.

    Sudan.

    Madagascar

    ...

    The top ten African countries by poption and economy, ERV almost went to all. Some quickly reached agreements, some were still in discussions. Regardless of the oue, ERV didn’t stop.

    At one point.

    African countries were all stirred.

    "Has ERV gone mad?"

    "They really have money."

    "The U.S. is finally starting to pay attention to Africa."

    "Indeed."

    "Don’t get too excited, it’s ERV focusing on the African market, not the United States. Over the years, besides treating Africa as a source of raw materials, what else has the U.S. given us that’s decent?"

    "Exactly, don’t be deceived by appearances."

    "But, in terms of results, ERV is still doing a good deed. Each industrial park can create at least tens of thousands of jobs, with numerous associated intangible benefits."

    "Support ERV."