Main Article Content

Abstract

This study examines the strategic investments and innovations of African Rainbow Minerals (ARM) and Quantum Property Group, showcasing their pivotal roles in driving sustainable development within Africa's mining and property sectors. ARM's diversified approach to mining critical minerals for renewable energy and technological advancements positions it as a leader in sustainable mining practices. Meanwhile, Quantum Property Group's focus on innovative real estate solutions addresses urbanization challenges, emphasizing green building and sustainable urban development. Both companies exemplify the integration of economic growth with environmental stewardship and social responsibility, highlighting their contributions to sustainable development in Africa. The analysis delves into how ARM and Quantum Property Group's strategic orientations secure their financial growth and foster economic diversification, environmental sustainability, and community development across the continent. ARM's commitment to environmentally friendly mining technologies and methods sets a benchmark for the industry, encouraging adopting sustainable practices. Quantum Property Group's innovative approaches to property development reflect a commitment to creating sustainable urban environments that promote efficient resource use and improve quality of life. Furthermore, this study explores the broader implications of these companies' strategies on policy development, global perceptions of Africa as a destination for sustainable investment, and the potential for shaping a more inclusive economic growth model. The initiatives undertaken by ARM and Quantum Property Group demonstrate the significant role businesses can play in addressing global sustainability challenges, offering lessons for other companies across diverse sectors. ARM and Quantum Property Group's strategic investments and innovations exemplify best practices in corporate sustainability and contribute to a broader narrative of Africa's potential for sustainable economic development. Their approaches offer valuable insights into aligning business success with societal and environmental goals, providing a blueprint for future endeavors in the continent's economic landscape.

Keywords

Sustainable Development Strategic Investments Innovation Environmental Stewardship Economic Diversification

Article Details

How to Cite
Emmanuel, N. . (2024). Strategic Investments and Innovations: The Path of African Rainbow Minerals and Quantum Property Group. Convergence Chronicles, 5(2), 28–40. https://doi.org/10.53075/Ijmsirq/6550667878

References

  1. Adeel, S., Daniel, A. D., & Botelho, A. (2023). The effect of entrepreneurship education on the determinants of entrepreneurial behaviour among higher education students: A multi-group analysis. Journal of Innovation and Knowledge, 8(1). https://doi.org/10.1016/J.JIK.2023.100324
  2. Adinkrah-Appiah, Prof. K., Miracle A, A., Adaobi, C. C., & Owusu-Addo, A. (2021). Innovative Research: Writing an Effective Abstract to Improve Your Article Quality and Readability. International Journal of Research and Scientific Innovation, 08(07), 106–109. https://doi.org/10.51244/ijrsi.2021.8713
  3. Boonman, H. J., Hagspiel, V., & Kort, P. M. (2015). Dedicated vs product flexible production technology: Strategic capacity investment choice. European Journal of Operational Research, 244(1), 141–152. https://doi.org/10.1016/j.ejor.2015.01.007
  4. Castillo-Acobo, R. Y., Ramírez, A. A. V., Teves, R. M. V., Orellana, L. M. G., Quiñones-Negrete, M., Sernaqué, M. A. C., Valdivieso, J. V. P., Chávez, C. M. R., Gonzáles, J. L. A., Carranza, C. P. M., Aponte, M. B. H., & Cáceres-Chávez, M. del R. (2022). Mediating role of inclusive leadership in innovative teaching behavior. Eurasian Journal of Educational Research, 2022(100), 18–34. https://doi.org/10.14689/ejer.2022.100.002
  5. Cheng, M., Geng, H., & Zhang, J. (2016). Chinese commercial banks: Benefits from foreign strategic investors? Pacific Basin Finance Journal, 40, 147–172. https://doi.org/10.1016/j.pacfin.2016.10.011
  6. Cheng, M., Zhao, H., & Zhou, M. (2020). Foreign Strategic Investors, State Ownership, and Non-interest Activities: Evidence from China. Journal of Financial Stability, 50. https://doi.org/10.1016/j.jfs.2020.100779
  7. Chung, K. J., & Tsou, C. S. (1998). Analysis and algorithm for the optimal investment times of new manufacturing technologies in a duopoly. European Journal of Operational Research, 109(3), 632–645. https://doi.org/10.1016/S0377-2217(97)00195-1
  8. Cui, Y., Yin, M., Cheng, X., Tang, J., & He, B. J. (2024). Towards cool cities and communities: Preparing for an increasingly hot future by the development of heat-resilient infrastructure and urban heat management plan. Environmental Technology & Innovation, 34, 103568. https://doi.org/10.1016/J.ETI.2024.103568
  9. Dutta, P. K., Lach, S., & Rustichini, A. (1995). Better Late than Early: Vertical Differentiation in the Adoption of a New Technology. Journal of Economics & Management Strategy, 4(4), 563–589. https://doi.org/10.1111/J.1430-9134.1995.00563.X
  10. Dzah, B. P., & Atianashie, M. A. (2023). The Impact of Employee Training Programs on Knowledge, Attitudes, and Productivity in Occupational Health and Safety Practices at Weiply Company Limited: FER. International Journal of Multidisciplinary Studies and Innovative Research, 11(5), 1653–1670.
  11. Fayolle, A., & Liñán, F. (2014). The future of research on entrepreneurial intentions. Journal of Business Research, 67(5), 663–666. https://doi.org/10.1016/j.jbusres.2013.11.024
  12. Gaimon, C. (1989). Dynamic game results of the acquisition of new technology. Operations Research, 37(3), 410–425. https://doi.org/10.1287/OPRE.37.3.410
  13. Götz, G. (2000). Strategic timing of adoption of new technologies under uncertainty: A note. International Journal of Industrial Organization, 18(2), 369–379. https://doi.org/10.1016/s0167-7187(98)00016-2
  14. Grenadier, S. R., & Weiss, A. M. (1997). Investment in technological innovations: An option pricing approach. Journal of Financial Economics, 44(3), 397–416. https://doi.org/10.1016/S0304-405X(97)00009-3
  15. Hatthakijphong, P., & Ting, H. I. (2019). Prioritizing successful entrepreneurial skills: An emphasis on the perspectives of entrepreneurs versus aspiring entrepreneurs. Thinking Skills and Creativity, 34. https://doi.org/10.1016/j.tsc.2019.100603
  16. Hayter, C. S., Rasmussen, E., & Rooksby, J. H. (2020). Beyond formal university technology transfer: innovative pathways for knowledge exchange. Journal of Technology Transfer, 45(1), 1–8. https://doi.org/10.1007/S10961-018-9677-1
  17. Hendricks, K., Weiss, A., & Wilson, C. (1988). The War of Attrition in Continuous Time with Complete Information. International Economic Review, 29(4), 663. https://doi.org/10.2307/2526827
  18. Hoppe, H. C. (2000). Second-mover advantages in the strategic adoption of new technology under uncertainty. International Journal of Industrial Organization, 18(2), 315–338. https://doi.org/10.1016/s0167-7187(98)00020-4
  19. Lechuga, J., Galletly, C. L., Glasman, L. R., Dickson-Gomez, J. B., & McAuliffe, T. L. (2022). Latinx Immigrants' Legal Concerns About SARS-CoV-2 Testing and COVID-19 Diagnosis and Treatment. Journal of Immigrant and Minority Health, 24(1). https://doi.org/10.1007/S10903-021-01314-4
  20. Lee, L., Wong, P. K., Foo, M. Der, & Leung, A. (2011). Entrepreneurial intentions: The influence of organizational and individual factors. Journal of Business Venturing, 26(1), 124–136. https://doi.org/10.1016/j.jbusvent.2009.04.003
  21. Ma, M., Yang, J., & Liu, R. (2022). A novel structure automatic-determined Fourier extreme learning machine for generalized Black–Scholes partial differential equation. Knowledge-Based Systems, 238. https://doi.org/10.1016/j.knosys.2021.107904
  22. Maciej Serda, Becker, F. G., Cleary, M., Team, R. M., Holtermann, H., The, D., Agenda, N., Science, P., Sk, S. K., Hinnebusch, R., Hinnebusch A, R., Rabinovich, I., Olmert, Y., Uld, D. Q. G. L. Q., Ri, W. K. H. U., Lq, V., Frxqwu, W. K. H., Zklfk, E., Edvhg, L. V, … فاطمی, ح. (2013). Synteza i aktywność biologiczna nowych analogów tiosemikarbazonowych chelatorów żelaza. Uniwersytet Śląski, 7(1), 343–354. https://doi.org/10.2/JQUERY.MIN.JS
  23. Malekkiani, M., Magham, A. H. J., Ravari, F., & Dadmehr, M. (2024). Enhanced ultraviolet driven photocatalytic activity of CTS-SnO2-MWCNTs ternary nanohybrid for photodegradation of methylene blue and bacteria in aqueous solutions. Environmental Technology and Innovation, 34. https://doi.org/10.1016/j.eti.2024.103559
  24. Oosterbeek, H., van Praag, M., & Ijsselstein, A. (2010). The impact of entrepreneurship education on entrepreneurship skills and motivation. European Economic Review, 54(3), 442–454. https://doi.org/10.1016/j.euroecorev.2009.08.002
  25. Rajagopalan, S., Singh, M. R., & Morton, T. E. (1998). Capacity expansion and replacement in growing markets with uncertain technological breakthroughs. Management Science, 44(1), 12–30. https://doi.org/10.1287/MNSC.44.1.12
  26. Ramadani, R., Dini, I., & Masri, M. (2022). Analisis Keterampilan Proses Sains Siswa Kelas XI IPA 3 SMAN 11 Makassar Melalui Metode Praktikum pada Materi Larutan Asam dan Basa. ChemEdu, 3(1), 1. https://doi.org/10.35580/CHEMEDU.V3I1.32489
  27. Reinganum, J. F. (1981). On the diffusion of new technology: A game theoretic approach. Review of Economic Studies, 48(3), 395–405. https://doi.org/10.2307/2297153
  28. Souitaris, V., Zerbinati, S., & Al-Laham, A. (2007). Do entrepreneurship programmes raise entrepreneurial intention of science and engineering students? The effect of learning, inspiration and resources. Journal of Business Venturing, 22(4), 566–591. https://doi.org/10.1016/j.jbusvent.2006.05.002
  29. Tyszka, T., Cieślik, J., Domurat, A., & Macko, A. (2011). Motivation, self-efficacy, and risk attitudes among entrepreneurs during transition to a market economy. Journal of Socio-Economics, 40(2), 124–131. https://doi.org/10.1016/j.socec.2011.01.011
  30. Wallenburg, C. M., Johne, D., Cichosz, M., Goldsby, T. J., & Knemeyer, A. M. (2019). Alignment mechanisms for supplier-initiated innovation: Results from the logistics service industry. Journal of Purchasing and Supply Management, 25(5). https://doi.org/10.1016/j.pursup.2019.100575
  31. Wang, P. (2021). Research on the Application of Artificial Intelligence in the Innovative Development of Visual Communication Design Education. Journal of Physics: Conference Series, 1744(3). https://doi.org/10.1088/1742-6596/1744/3/032196
  32. Yorukoglu, M. (1998). The Information Technology Productivity Paradox. Review of Economic Dynamics, 1(2), 551–592. https://doi.org/10.1006/redy.1998.0016
  33. Zellweger, T., Sieger, P., & Halter, F. (2011). Should I stay or should I go? Career choice intentions of students with family business background. Journal of Business Venturing, 26(5), 521–536. https://doi.org/10.1016/j.jbusvent.2010.04.001