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United Kingdom IC Publications 7 Coldbath Square London EC1R 4LQ Tel: +44 20 7841 3210 Fax: Admin +44 20 7713 7898 Editorial: +44 20 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 Group Publisher Afif Ben Yedder Directeur de la publication Editor Anver Versi a.versi@africasia.com Art Director Jason Venkatasamy jason@africasia.com Asociate Editors Tom Nevin Stéphane Vigouroux Gérard Choisnet Ridha Kefi Hichem Ben Yaiche Fériel Berraies Guigny Corespondentat-large Stephen Williams Editorial Asistant Carole Lambert Corespondents in Africa Barnabas Thondlana Leo Odera Omolo Blamuel Njururi Herald Tagama Pini Jason John Ansah Derek Otieno Chris Ndivanga Masupu Rakabane Special Corespondents Moin Siddiqi Dr Karamo Sonko Neil Ford Pini Jason Eluem Izezi Subscriptions: IC Publications PO Box 2068 Bushy, Herts, WD23 3ZF Telephone: +44 20 8950 9117 Fax: +44 20 8421 8155 icpublications@alliancemedia.com www.africasia.com/subs See page 45 for subscription offer details.

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Contents

African Business August/September 2010

12 Cover Story Private Healthcare

26 Special Report Agribusiness

22 Topic Agoa 10 years on

Editorial 11 Branding Africa

Cover Story 12 Private Healthcare – Africa’s latest boom industry

Swaziland Special Report 20 Swaziland hosts COMESA summit 21 Why Swaziland is an investor’s dream

Topic 22 Agoa 10 years on

Special Report Agribusiness 26 Agriculture moves centre stage 30 Add value to harvest profits 32 Land grab – boon or curse? 36 Turning poachers into farmers 38 Growth corridors to agric profits 44 Farm equipment is a vital need

Commodities 46 Gold, platinum prices wind down

Special report Real Estate in Africa 48 Africa’s property market takes off 50 Foreigners flocking to Africa 52 Creating a mortgage market 54 Lagos property prices heat up

Events African Business Awards 56 Rewards of resilience

Energy 60 South Africa thinks smart over energy

2010 World Cup Watch 62 Was it all worth it?

Country Files 64 South Africa: Storm over pension fund investments 66 Nigeria: Lekki-Epe Expressway is rebuilt 68 Mauritius: Foreign workers cash in

Reviews Books/Film 72 TheRationalOptimist 74 OnceUponaTimeinSenegal