Subscriptions to African Business
Full refund within 30 days if you're not completely satisfied.
page:
contents page
previous next
zoom out zoom in
thumbnails double page single page large double page
fit width
clip to blog
Call +442078413210 Open www.africanbankerawards.com Send email to awards@ic-events.net click to zoom in Go to page 66 Send email to advertising@africasia.com Go to page 82 Call +233249105995 Call +442089509117 Send email to top@topreports.org Go to page 16 Go to page 13 Go to page 60 Go to page 52 Go to page 28 Send email to kwabusek@gmail.com Call +33144308111 Go to page 46 Go to page 16 Go to page 80 Call +221765151265 Go to page 72 Go to page 58 Go to page 18 Go to page 74 Go to page 59 Go to page 38 Send email to jason@africasia.com Go to page 42 Look up postcode TN24 8HH Call +442084218155 Go to page 64 Send email to a.versi@africasia.com Look up postcode EC1R 4LQ Go to page 70 Go to page 14 Call +442077137898 Send email to icpubs@africasia.com Send email to n.desanti@africasia.com Go to page 40 Send email to n.benyedder@africasia.com Send email to info@icpublications.com Open www.africasia.com Call +442078413210 Go to page 30 Go to page 68 Send email to p.bonnin@icpublications.com Go to page 63 Call +23321258058 Go to page 56 Go to page 36 Call +33144308100 Send email to classified@africasia.com Go to page 43 Send email to d.moore@africasia.com Go to page 62 Send email to l.benhassen@africasia.com Send email to o.benyedder@africasia.com Open www.icpublications.com Go to page 22 Go to page 76 Call +442078413211 Open WWW.AFRICASIA.COM Send email to icpubs@africasia.com Go to page 24 Open www.africasia.com/subs click to zoom in
page:
contents page
previous next
zoom out zoom in
thumbnails double page single page large double page
fit width
clip to blog

AfricAnsAve BAnKerthe AwArdsdAte 30 mAy 2012 ArushA tAnzAniA

Official Patron African Development Bank

AfricAn BAnKer AwArds 2012

For more information www.africanbankerawards.com awards@ic-events.net +44 (0) 207 841 3210

Platinum Sponsor

Silver Sponsor

Sponsor

Organisers

Partner 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 Associate Editors Tom Nevin Gerard Choisnet Ridha Kefi Hichem Ben Yaïche Alexa Dalby CorrespondentAT-large Stephen Williams Editorial Assistant Carole Lambert Correspondents IN AFRICA Barnabas Thondlana Lee Odera Omolo Blamuel Njururi Herald Tagama John Amah Derek Otieno Chris Ndivanga Masupu Rakabane SPECIAL Correspondents Moin Siddiqi Dr Karamo Sonko Neil Ford Eluem Izezi Subscriptions IC Publications PO Box 2068 Bushey, Herts, WD23 3Z Telephone: +44 20 8950 9117 Fax: +44 20 8421 8155 icpublications@alliancemedia.co.ukw www.africasia.com/subs See page 59 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 d.moore@africasia.com Advertising Sales Directors Medrine Chitty Elisée Marie Ndiana Matthew Nick Rosefield Majda Laalej SENIOR SALES EXECUTIVe Nadia Osho-Williams CLASIFIED ADS classified@africasia.com Distribution William Pearson Production Manager 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 ICEVENTS icpubs@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 0142-9345 ©2012 IC Publications Ltd N° DE COMMISSION PARITAIRE 0213 K 89410 Mensuel: Février 2012 Dépôt légal

ContentsFEBUARY2012ISSUEN°382WWW.AFRICASIA.COM

16 Cover Story Is Africa’s flower industry losing its bloom?

Editorial 13 Europe’s pain hurts Africa

Cover Story 14 Is Africa’s flower industry losing its bloom? 16 Important players in Africa 18 The floriculture process

View from the City 22 Can the CFA weather the storm?

Currency 24 A brief history of the CFA franc

Special Report 28Mining Africa – new Mecca for investors 30 Brave New World in 2012 36 Runners and Riders 38 Coal – excellent prospects 40 Namibia – diamonds bounce back 42 South Africa feels Europe’s pain 43 Guest column: Resource nationalism should unite, not divide

Aviation 46 Will first made-in-Africa plane boost defence industry?

Black Entrepreneurs 52 History of success for African entrepreneurs in Britain

Special Report 56 Infrastructure

Focus shifts to holistic approach 58 New cities – integration or isolation? 60 West Africa – ports battle for dominance 62 East Africa – integration driving boom 63 Southern Africa – learning from errors

Technology 64 Amharic mobiles – made in Ethiopia

Countryfiles 66 Zambia: New beginnings 68 Nigeria: Uneasy truce over fuel imbroglio 70 S Africa: ANC centenary evaluated 72 Kenya: Lamu – back to the future 74 Malawi: Mutharika defies IMF 76 Mauritius: Industry Observatory gets mixed welcome

Reviews Book/Music 80 TreasureIslands 82 Thiossane