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Contents
OCTOBER 2007
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All pictures AFP unless indicated. registered with the British Library. ISSN 0141-3929 ©2007 IC Publications Ltd.
12 Cover Story Africa’s top 100 Banks
52 Advertising East Africa’s brand boom
Member of The Audit Bureau of Circulations.
56 Energy Boost to Kenya’s geothermal ambitions
ISSUE 335 WWW.AFRICASIA.COM
Editorial 11 Food is the new oil
Cover Story Africa’s Top 100 Banks 12 An excellent year 16 A banking glossary 18 The top 100 ranking table 20 North Africa: Morocco pulls ahead 26 West Africa: Stirred and shaken 31 Central Africa: Gabon and Cameroon dominant 32 Southern Africa: A tale of two sectors 36 East Africa: Kenya shows strength 42 Nigeria: Currency plan suspended
Guest Column 1 Baroness Lynda Chalker 46 Declaring war on fakers
Finance 51 A billion customers waiting
Advertising 52 East Africa’s brand boom
Energy 56 Boost to Kenya’s geothermal ambitions
Industry 58 South Africa to make Merc C Class
Guest Column 2 Glyn Ford MEP 60 China: Problems of success
Logistics in Africa 64 Battle for Durban’s expansion
Essay S S Bhatnagar 68 A land of milk and money
World Cup Watch 70 Fan parks to attract a million
Topic 72 Africa Growth Report
Countryfiles 74 Nigeria: Flaring ban deadline stays 76 S. Africa: Land ownership debate 78 Mozambique: Coal output spurred 80 Liberia: End of blood diamonds 81 Senegal: New mobile provider 82 Congo-Brazzaville: Growth will follow stability
Reviews Music 90 Blue Men’s Blues