AfricanBusiness (fo rm e r ly A frican Developm en t es tab lis hed 1968) published m onthly by IC M agazines Ltd.

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CONTENTS WHAT’S HAPPENING 4 News, analysis, comment on economic events

FEATURES 12 Riddell spells out IMF growth restraints 13 ENERGY FOCUS ACP/EEC demands harder line on SA

14 Who benefits as the oil flows?

15 The trees vanish

16 Gabon and Congo oil; West Africa’s refining boom

17 Kenya’s controversial molasses plant

BUSINESS BRIEFS 21 Kenya: Deepening cash crises 22 Cameroon: Breaking the mould? 23 Morocco: Drought adds to crisis

24 Madagascar: Energy projects

25 Malawi: New export drive

COMPANY NEWS 26 How Lonrho moved out of Africa

27 Raleigh Kenya 28 RTZ loses Rossing rights; missing uranium 29 Namib Air, Zambia companies awards, Saab Scania

Tanzania LABOUR 32 Zimbabwe’s minimum wage 33 Ghana’s TUC leader resigns

COMMODITIES 35 Cobalt sinks lower; Tin cartel

36 Coffee pact problems 39 Tea: producers clash; Kenya’s pyrethrum slide 40 Cocoa troubles; Cameroon iron mining; Zambia phosphates

INSIGHTS/BOOKS 41 Insights: Concise guides to key books

43 Two views of Nigerian manpower

FRANCE AND AFRICA 51 The French connection 57 French investment in Africa

63 French trade 64 France-Africa briefs

EXPO NIGERIA 73 Record attendance 81 Exhibitors list and stand plan

85 Profiles of Expo firms

NEWSBRIEFS 91 News update, sector by sector

African Business April 1982 3