February 2016 ISSUE N° 427 WWW.ICPUBLICATIONS.COM CONTENTS

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12 COVER STORY China-Africa 2.0?

BRIEFS 4 News from around Africa COVER STORY CHINA-AFRICA 12 China-Africa 2.0? 18 C alling Muslim Africa 19 A frica’s new lingua franca CLIMATE CHANGE 20 Cop21 is just the beginning 22 C hampion turned gamekeeper SPECIAL REPORT MIN ING 27 Going through a rocky patch 28 Ch inese slump hits 31 F rontier producers hit hardest

ECONOMY 34 Tanzania: Magufuli’s challenge 36 S outh Africa: Ministerial chairs ENERGY 40 Kenya – renewable energy rises

OIL & GAS 42 Buhari weighs up oil reforms SPECIAL REPORT D R CONGO 45 Electoral uncertainty threat 48 I nfrastructure the key 54 Banking: Michel Losembe, BIAC 56 Gecotrans: Dieudonne Nyembo 63 Er nst & Young: Baraka Kabemba 67 Mining: Katanga 70 Energy: Waiting for Inga III

COMMODITIES 73 Plugging the gap 76 D anger from price slump ECONOMIC TRANSFORMATION 79 African Business MasterClass: Agriculture 82 T he surplus civilisation CREATIVE ECONOMY 84 Time to take it seriously FINANCE 86 Islamic finance focus on SMEs COUNTRYFILES 89 Kenya: Gambling on mobile betting 92 Nig eria: Banks drive up auto finance 94 Uganda: How will the shilling fare? 96 S outh Africa: Leap into super science 98 E thiopia: Shaking up Addis Ababa 100 Benin: Lighting up CULTURE 103 Film: The Big Short 105 Book review:

TheConvergenceofNations THE LAST WORD 106 In business, small is big