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ContentsJUNE2012ISUEN°387WWW.AFRICASIA.COM

26 Cover story Africa Progress Panel Report Africa’s progress under threat

Editorial 17 Value-for-money politicians?

Cover Story 18 Africa Progress Panel Report:

Africa’s progress under threat 26 Africa’s growth – strong but uneven

Interview 28 Donald Kaberuka, President of the

African Development Bank 32 Building Human Capital 34 Powering innovation

Investigative Report: Nigeria 36 How Nigeria’s oil is stolen

Interview 40 President Ali Bongo Ondimba of abon: Change is the way forward

Agribusiness 44 Olam – cleaner, greener investment

Focus: Angola 48 Rise of a new African superpower?

49 Angola‘s economic contradiction 54 Oil rules all 58 Finance: exciting growth prospects 62 Raising the Standard

Country Focus: Mozambique 64 Interview: President Armando Guebuza 66 Maputo’s giant steps 68 A new gas power is born

Commodities 70 Outer Space mining for platinum?

Maritime 76 New captain to steer Safmarine

Countryfiles 78 Nigeria: Leading African rebirth 82 Malawi: Banda’s breathtaking start 84 Kenya: World’s best property values 86 S Africa: Road rage victory

Reviews 88Book: WhyNationsFail 90 Music: HoraKota etters to the Editor YourviewsonAfricaandmattersaffectingAfricaareveryimportanttous.Weencourageyouto sharethemwiththethousandsofourreadersinAfricaandallovertheworld.Youcanwritetothe Editor,attheaddressonourmasthead,emaileditorial@africasia.com,orhaveyoursayonTwitter @AfricanBizMagoronourFacebookpage–AfricanBusinessMagazine.