United Kingdom IC Publications 7 Coldbath Square London EC1R 4LQ Tel: +44 20 7841 3210 Fax: Admin +44 20 7713 7898 Editorial +44 20 7841 3211 icpubs@africasia.com www.africasia.com France IC Publications 609 Bat A 77 rue Bayen 75017 Paris Tel: +33 1 44 30 81 00 Fax: +33 1 44 30 81 11 info@icpublications.com www.icpublications.com FOUNDER Afif Ben Yedder Editor Anver Versi a.versi@africasia.com Art Director Jason Venkatasamy jason@africasia.com Strategic DIRECTOR Christian Udechukwu Asociate Editors Tom Nevin Stéphane Vigouroux Gérard Choisnet Ridha Kefi Hichem Ben Yaiche Fériel Berraies Guigny Correspondentat-large Stephen Williams Editorial Asistant Carole Lambert Correspondents in Africa Barnabas Thondlana Leo Odera Omolo Blamuel Njururi Herald Tagama Pini Jason John Ansah Derek Otieno Chris Ndivanga Masupu Rakabane Special Correspondents Moin Siddiqi Dr Karamo Sonko Neil Ford Pini Jason Eluem Izezi Subscriptions: IC Publications PO Box 2068 Bushey, Herts, WD23 3ZF Telephone: +44 20 8950 9117 Fax: +44 20 8421 8155 icpublications@alliancemedia.com www.africasia.com/subs See page 55 for subscription offer details. group Publisher Omar Ben Yedder o.benyedder@africasia.com GENERAL MANAGER Leila Ben Hassen l.benhassen@africasia.com Development Director Patricia Bonnin p.bonnin@icpublications. com GROUP Sales Director Tibor Fuchsel advertising@africasia.com senior project manager Darren Moore Advertising Sales Directors Medrine Chitty Elisée Marie Ndiana Matthew Nick Rosefield CLASSIFIED ADS classified@africasia.com Distribution William Pearson PRODUCTION Sandra Segade-Hermida Ghana – DISTRIBUTION Nana Asiamah Bekoe Tel: +233 21 258058 kwabusek@gmail.com GHANA – SPECIAL PROJECTS AND ADVERTISING Silvia Salvetti Tel: +233 24 910 5995 top@topreports.org SENEGAL Nathalie Desanti-Tounkara n.desanti@africasia.com Mobile: +22176 51 51265 NORTH AFRICA Néjib Ben Yedder n.benyedder@africasia.com IC EVENTS Anna Rosenberg a.rosenberg@africasia.com Printers Headley Brothers Ltd The Invicta Press Queens Road, Ashford Kent TN24 8HH All pictures AFP unless indicated. Registered with the British Library ISSN 0141-3929 ©2011 IC Publications Ltd
Member of The Audit Bureau of Circulations
N° DE COMMISSION PARITAIRE 0315 K 89343 Mensuel: Juillet 2011 Dépôt légal
African Business July 2011 Issue N˚377 Contents
11 Cover Story Africa at the tipping point
52 Global Time to ditch the dollar?
Editorial 9 The scramble for Africa, part two
Cover Story Africa at the tipping point 11 Transforming Africa’s economy 13 Transformation without tears 18 Africa Progress Panel Report
Technology 28 Africa sharpens R&D profile
Special Report Construction in Africa 33 Economic growth fuels construction frenzy 34 Can Africa compete? 36 Africa’s cement producers take off 38 Construction’s third way 40 A case apart in S Africa 44 Brand-new cities 48 Kenya’s superhighway to quality homes
Global 52 Time to ditch the dollar?
58 Mining External factors sustain gold demand
Health 55 Clean water for all
Guest Column Alhaji Bamanga Tukur 56 The media’s invaluable role
Mining 58 External factors sustain gold demand
Countryfiles 62 S Africa: Was the World Cup worth it? 64 Kenya: Mombasa port in troubled waters 66 Nigeria: Producers slash cement prices 68 Mauritius: Medical tourism up tenfold
Environment 70 Climate change – Africa’s solution
Reviews Book/Music 72 WhytheWestrules–ForNow 74 Studio105
