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AFRICAN BUSINESS Winner of the Diageo 2005 Best Publication award JULY 2006 IS SU E 322 WWW.AFRICASIA.COM
Group Publisher: A fif Ben Yedder (benyedder@africasia.com) Editor: Anver Versi (a.versi ©africasia.com) Editorial Department Associate Editor Tom Nevin Correspondent-at-large Stephen Williams Editorial A ssistant Carole Lambert Correspondents in A frica Barnabas Thondlana, Leo Odera Omolo. Blamuel Njururi. Herald Tigama. Pin i Jason. Rob Rose, John Ansah, Derek Otieno. Chris Ndivanga, Masupu Rakabane Special Correspondents Milan Vesely, Moin Siddiqi, Dr Karamo Sonko, Neil Ford, Frangois Misser, Graeme Ewens, Pin i Jason, Eluem Izezi, Jennie Street, Paul Michaud
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Adm in istration Finance Manager Olive Rawlings D istrib u tion Manager Mike Penton (m.penton@africasia.com) Subscriptions: IC Publications Subscriptions Dept Tower House, Sovereign Park. Market Harborough. Leicestershire LE16 9EF United K ingdom Telephone: +44 1858 438 792 Fax: +44 1858 461 739 Email: subscriptions@ africasia.com Subscription rates for 11 issues: UK: UKE40.00, Eurozone €80.00, USA US$90.00. Rest o f w o r ld UKE55.00 Back issues in c lu d in g postage: UKE4.00 (UK). UK£5.00/€7.00/US$8.00 (overseas) Printers: Headley B ro thers Ltd. The Invicta Press, Queens Road, Ashford, Kent, TN24 8HH. Indexed and abstracted in PAIS International and included in one or more of the Informartion Access Company full text reference databases. Microfilms available from Xerox University Microfilms. 399 N. Zeeb Road, Ann Arbor, Michigan 48106, USA. indexed by UMI/Data Courier, PO Box 327770, Louisville. KY 40232-2770 USA.
16 Cover story China’s March into Africa
34 Special Report World Economic Forum on Africa
All pictures AFP unless indicated. Registered with the British Library. ISSN 0141-3929 ©2006 IC Publications Ltd.
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Member o f The A ud it Bureau o f C irculatio ns.
42 Countryfile Botswana The Bushman saga
Editorial 13 Africa’s World Cup
Cover Story China’s March into Africa
16 A meeting of minds - and needs
20 Oil: The battle for economic loyalties
22 Do’s and don'ts of doing business in China
View from the City 24 Markets on a knife edge
Energy 26 KenGen float a success
New Products 28 Africa’s innovation winners
Business Skills 30 Seven secrets of success
Telecoms 32 Nigeria’s free for all
Special report World Economic Forum on Africa 34 Africa turns the corner 36 Global health initiative
Commodities 38 Softs enjoy firm prices
Countryfile special 42 Botswana: The Bushman saga
Countryfiles 4 4 South A frica: Apartheid corruption exposed 4 6 Nigeria: Windfall provides turning point 4 8 Uganda: Kampala's building boom 50 DR Congo: Make or break elections 4 9 Zanzibar: Talks on Union 52 Zam bia: Copper bottomed recovery 54 Angola: New bank - boon or curse? 55 Mozambique: Fastest poverty decline 56 Malawi: Green gold loses lustre
Books/Music 62 The Undercover Economist and other books 66 Moreira project