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MARCH 4TH & 5TH 2010 CITÉ DES SCIENCES ET DE L'INDUSTRIE PARIS PARC DE LA VILLETTE +CONNECTING IDEAS + DEVELOPING ACTIONS

www.fininnov.org 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 ASSOCIATE EDITORS Tom Nevin Stéphane Vigouroux Gérard Choisnet Ridha Kefi Hichem Ben Yaiche Fériel Berraies Guigny CORRESPONDENTAT-LARGE Stephen Williams EDITORIAL ASSISTANT 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 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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N° DE COMMISSION PARITAIRE 0310 K 89343 Mensuel: Janvier 2010 Dépôt légal

Contents

African Business January 2010

12 COVER STORY Economic Review of the Year

Economic Review of the Year

30 Spotlight Sierra Leone

Editorial 11 The winds of change are blowing again

Cover Story Economic Review of the Year 14 Africa takes full brunt of the crisis 20 Commodities review –

Mining bounces back

Cityview 28 Africa bruised, not battered

Spotlight Sierra Leone 30 New look sparks investment rush

Special Report Power 36 Powering Africa 37 The new power-generation surge 40 The long road to electrification 46 The renewable revolution

36 Special Report Powering Africa

Cinema 48 African cinema goes commercial 51 Hollywood breakthrough for Nigerian duo

China-Africa 52 China bites back at Egypt summit

Event 54 CBC Forum, Trinidad

Countryfiles 56 South Africa:

Gautrain delivers skills dividends 58 Ghana: ‘Vodafonegate’ rumbles on 60 Kenya: Tussle over future of ivory trade 61 Zimbabwe: New deal will protect property rights

Reviews Book/Music 64 Our Choice 66 Francophonic 2