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d271 - exam 1 - 3.2 - med

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What is a key challenge for mining companies and oil and gas players in Africa?

Identifying the potential and ease of extraction of relevant commodities across the vast continent

What is a key factor that companies in the agriculture value chain need to consider in Africa?

The distribution and productivity of Africa's cropland and potential effects of climate change

Why did SIFCA exit the cacao industry, according to the text?

The company recorded its biggest-ever loss due to increased competition from global players

What strategy has guided SIFCA's approach to choosing which commodities and markets to operate in?

Concentrating on commodities and markets where it can leverage its local knowledge and expertise

What benefit did SIFCA's partnership with Wilmar provide?

It boosted the output of SIFCA's existing palm oil plants considerably

Why is it important for companies in the resources sector to understand the regulatory environment in each market they operate in?

To ensure compliance with local laws and regulations

What is a key advantage of partnering with international companies, according to the text?

Sharing of expertise and knowledge between partners

Which of the following statements about the growth of the oil and gas industry in Africa is true, based on the text?

The growth will come from an increasingly diverse group of nations

What is a key factor that companies in the agriculture value chain need to consider in Africa?

The distribution and productivity of Africa's cropland and potential effects of climate change

Learn about the importance of prioritizing markets for business growth in a diverse continent like Africa. Discover how Coca-Cola's strategic approach in Africa reflects the significance of market prioritization.

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