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N°DECOMMISSIONPARITAIRE 0310K89343 Mensuel:Janvier2009 Dépôtlégal

Contents

African Business January 2009 ISSUE 349 WWW.AFRICASIA.COM

14 Cover Story The best of times, the worst of times

Editorial 13Once-in-a-lifetimeopportunity?

Cover Story Africa in 2008 The best of times, the worst of times 17Hangingtough 18Commoditiessector 23Energysector 27Telecomssector

View from the City 32Survivingtheglobalstorm

Topic 35Understandingvaluechains

Trends 38Africa’ssuperfruit  arrivesintheWest

2010 World Cup Watch 50Fifapromisesfreebroadcasts

Letter from East Africa 52WhyAfricaneedsmoretourism

Country Files 54South Africa:Randslides  downsteepslope 57Nigeria:The“if-only”budget 60Kenya:Bigpowerofsmall organisations

Reviews Books/Music 64TheAscentofMoney 66FRANCOphonic

Special Report Power in Africa 42 Seedsofhope 46 Therenewableoption