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ContentsMARCH2012ISSUEN°384WWW.AFRICASIA.COM

The Rise &Rise

The Rise &Rise of Africa’s Consumer Market 16 Cover Story

Editorial 11Who should head the World Bank?

Cover Story 12The rise and rise of Africa’s consumer technology market 13 Automotive 15 Household appliances 20 Computers 22 Mobile phones

24 Exclusive interview: Jeff Immelt,

CEO of GE – ‘Africa today is bigger than China was 10 years ago’

Special Report: Energy 28The best of times for African energy 29 DR Congo – Inga Dam dream lives on 32 Nigeria – modest recovery Africa’s new oil producers line up 34Kenya goes clean and green 36 Mozambique – huge new gas reserve Nigeria – fuel subsidy woes

Trends 38Zambia redenominates the kwacha

Special Report: Botswana 40 Prudence is the key

Balancing the budget 42Global diamond centre? New power plants fill supply gaps

Mining 46 Will Africa’s golden harvest last?

Diplomacy 48AU – Dlamini and Ping fight it out

Infrastructure 50 Anger over Mombasa Port log jam

Countryfiles 52S Africa: Power to go private 54 Ghana: Susu evolves into microfinance 56 Kenya: Pipeline deal rescues Lapsset 58 Zimbabwe: Economy grows again 60 Nigeria: End of power misery?

Reviews Book/Music 64 Africa’sFuture–DarknesstoDestiny 66 MusiqueMandingue