AfricanBUSINESS

MAUtmiRAGOftfffltUM AT LAST, A W IN - V ( / ! N FORMULA FOR AFRICA

African BUSINESS

African BUSINESS

N ° 2 9 4 Ja n u a r y 2 0 0 4

COVER STORY A f r i c a 2 0 0 3 E c o n o m i c R e v i e w

JAPAN-AFRICA T lCAD III RENEWS AID PLEDGE

SPECIAL COUNTRY REPORT E q u a t o r i a l G u i n e a

Ed it o r ia l 11 Africa's new pride.

C o v e r St o r y Africa 200 3 Economic Review. 12 Northern Africa. 14 West Africa. 15 East & Central Africa. 16 Southern Africa.

V i e w f r o m THE CITY 18 South Africa shines bright.

To p ic 20 San to benefit from obesity cure.

O il & G as 22 Energy Africa keeps the flag flying.

T r e n d s 24 Japan-Africa ties grow.

S p e c i a l R e p o r t Equatorial Guinea.

28 Africa’s Kuwait.

31 The world's fastest growing economy.

35 Oil as a development tool.

39 Driving Malabo forward.

40 Vast investment opportunities.

43 A hub for the Gulf of Guinea.

COUNTRYFILE

44 Zam b ia :Th in k ing the unthinkable. 46 Z im babwe:That sinking feeling. 49 Nigeria: New term, new approach. 50 Tanzania: Formalising the informal. 52 Kenya: IMF loan opens the door. 54 S. Africa: Mining - a temporary truce.

Trade 56 Crossing the Saharan divide.

To p ic 60 Scams 2003

W heels 60 A sports car for the family.

S p o r t in g Bu s in e s s 62 Safari Rally reborn.

Rev iew s Bo o k s / M u s ic

64 Books include Africa: Another Side of the Coin. 66 Music: Kekele Congo Life.

A f r i c a n B u s i n e s s I J a n u a r y 2 0 0 4

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