d271 - exam 1 - 2.3

According to the passage, what is a key pillar of Total's strategy?

Reducing fuel truck accidents across Africa
Supplying Africa's growing energy markets (correct)
Investing in deepwater oil exploration in Africa
Extracting and exporting resources from Africa

What is Total's approach towards integrating with local African communities?

Using a rotation-based system for expatriate staff
Ensuring expatriate staff have multi-year life experiences with families in local markets (correct)
Focusing solely on technical operations without community involvement
Prioritizing cost-cutting over local integration efforts

What is Total's approach towards operational standards in Africa?

Applying global standards consistently across all geographies (correct)
Focusing only on technical standards, not safety standards
Allowing local managers to set operational standards
Adopting lower standards to reduce costs in African markets

According to the passage, what is one initiative Total has undertaken in Africa?

An extensive safety campaign to reduce fuel truck accidents (A) Signup and view all the answers

What does the passage suggest about the competition for capital in the oil and gas industry?

Competition is high globally, including in Africa (B) Signup and view all the answers

According to the passage, what is one reason Africa is described as 'a continent to watch'?

The large unmet energy needs of its economies (D) Signup and view all the answers

Which statement best describes Total's approach to talent development in Africa?

Investing heavily in building local talent (B) Signup and view all the answers

According to the passage, which of the following minerals does Africa have the world's largest reserves of?

All of the above (D) Signup and view all the answers

Which of the following statements is true about mining in Africa, according to the passage?

The continent delivers some of the best value in the world for every dollar spent on exploration. (A) Signup and view all the answers

Based on the information in the passage, which of the following statements is NOT true?

Africa has attracted a large share of global mining investment. (A) Signup and view all the answers

What is changing rapidly in terms of internet connectivity in sub-Saharan Africa?

Growth in mobile data traffic (C) Signup and view all the answers

What role are major technology companies like Microsoft, Google, and Facebook playing in Africa?

Investing in last-mile connectivity across the continent (A) Signup and view all the answers

What is one of the effects of cell phones in Africa, according to the text?

Economic impact through greater productivity gains (C) Signup and view all the answers

How has e-commerce in Nigeria changed since 2010?

Doubled its revenue each year (A) Signup and view all the answers

What do mobile money accounts signify about sub-Saharan Africa?

Active participation with over 122 million users (B) Signup and view all the answers

How have existing companies in Africa been impacted by digital technology adoption?

Streamlined processes, sped up transactions, and accessed wider markets (C) Signup and view all the answers

What did the rapid growth of mobile telephony indicate about Africa's access to telecommunications?

Improved access through cell phones despite limited fixed-line infrastructure (A) Signup and view all the answers

What makes Africa an attractive region for digital technology adoption according to the text?

The potential for major productivity gains and economic growth (B) Signup and view all the answers

According to the passage, what is one factor that has made Africa attractive for junior mining companies?

Africa's abundant mineral resources combined with risk-averse large investors (A) Signup and view all the answers

Which of the following trends is driving increased mining activity in Africa?

Soaring demand for cobalt used in electric vehicle batteries (A) Signup and view all the answers

What is driving the increased demand for phosphates in Africa according to the passage?

Advances in Africa's agricultural production requiring more fertilizers (C) Signup and view all the answers

According to the passage, what is one way mining companies can strengthen their social license to operate in Africa?

Investing in local community development projects (A) Signup and view all the answers

What does the passage suggest about the use of fertilizers in Africa compared to the global average?

Africa's fertilizer use is one-quarter of the global average (D) Signup and view all the answers

According to the passage, what is one benefit of technology adoption in African agriculture?

Helping farmers analyze soil data to optimize fertilizer and irrigation (D) Signup and view all the answers

Which statement best summarizes the operating environment for mining companies in Africa?

It remains risky in many countries, requiring a measured approach (B) Signup and view all the answers

Based on the passage, which is NOT mentioned as an opportunity for technology firms in African agriculture?

Automating the entire agricultural production process (A) Signup and view all the answers

According to the passage, what is one potential benefit of digital innovations in African agriculture?

Enabling small-scale farmers to produce specialty crops for higher income (C) Signup and view all the answers

What is one reason cited in the passage for the relatively small size of the African technology sector?

Insufficient funding and investment in the sector (B) Signup and view all the answers

Which of the following statements is true about Jumia, according to the passage?

It was the first African technology company to achieve a valuation of over $1 billion (C) Signup and view all the answers

What is one initiative mentioned in the passage that Jumia has undertaken to promote e-commerce adoption?

Launching a door-to-door sales program with Wi-Fi-connected tablets (B) Signup and view all the answers

According to the passage, what is one benefit of increased internet maturity in a country?

Improved efficiency in the delivery of public services and business operations (B) Signup and view all the answers

According to the passage, what is one service that Jumia has created to support its e-commerce operations?

A proprietary logistics service to fulfill orders (D) Signup and view all the answers

What can be inferred from the passage about the potential impact of the internet in Africa?

It could contribute significantly to economic growth, similar to its impact in other developing regions (D) Signup and view all the answers

According to the passage, what is one way in which the internet creates value for consumers?

Providing access to a wider range of products and services (B) Signup and view all the answers

Based on the information in the passage, which of the following statements is true about Jumia's operations?

Around half of its sales are to customers outside large cities (D) Signup and view all the answers

d271 - exam 1 - 2.3 - medium

Choose a study mode

Podcast

Questions and Answers