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N° DE COMMISSION PARITAIRE 0310 K 89343 Mensuel: Mai 2010 Dépôt légal

Contents

African Business May 2010

12 Cover Story Telecoms in Africa

36 Special Report World Economic Forum 2010

Editorial 11 The World Bank is listening

Cover story Telecoms in Africa 12 The new era 13 The world’s fastest telecoms growth 16 Cables bring cheap, high-speed connectivity 18 Bharti’s Zain deal signals swing to Asian investment 20 Mobiles take banking to the masses 22 Gateway to African connections

Africa and the World 24 US and Nigeria move closer

Business School 26 What does being an entrepreneur mean?

Conference 34 Comesa III – Africa takes ownership

Special report 36 WEF-Africa 2010 38 Rethinking Africa’s growth strategy 57 Visitor guide to Dar

Focus 58 Rwanda reaps fruits of reform

82 Nigeria

Jonathan takes firm grip at the top

Commodities 62 The iron ore revolution 65 News round-up

Special report Water –

the blue gold 66 Making African water go round 70 Water is the new oil 72 Harvesting water from fog 74 Jica shows the way in Ethiopia 75 The urban-rural split

Industry 76 Brewers go to war in Southern Africa

World Cup Watch 80 The excitement grows

Country Files 82 Nigeria: Jonathan takes firm grip at the top 84 Ghana: Interest rates ‘killing’ economy 86 Zimbabwe: A change of direction 88 Mauritius: Election fever

Reviews Books/Film/Music 94 Governing Africa’s forests 96 Good fortune – or is it? 98 Swahili swing