2017 the africa report brochure

Africans investing in Africa

• Ghana/Côte d’Ivoire Growth engines • Lagos Maximum City • African Union Candidate games

N ° 7 8 • M A R C H 2 016

w w w.t h e a f r i c a r e p o r t .c o m

The CEOs

who bring it home Think global, invest local: backing continental projects

From left to right: Gavin Dalgleish, MD of SA agribusiness ILLOVO Ismaïl Douiri, Co-CEO ATTIJARIWAFA Bank Ade Ayeyemi, Group CEO ECOBANK Tabitha Karanja, Kenyan CEO of Keroche Breweries

GROUPE JEUNE AFRIQUE INTERNATIONAL EDITION

Algeria 550 DA • Angola 600 Kwanza • Austria 4.90 € • Belgium 4.90 € • Canada 6.95 CAN$ • Denmark 60 DK • Ethiopia 75 Birr • France 4.90 € Germany 4.90 € • Ghana 8 GH¢ • Italy 4.90 € • Kenya 410 shillings • Liberia $LD 300 • Morocco 40 DH • Netherlands 4.90 € • Nigeria 600 naira Norway 60 NK • Portugal 4.90 € • Sierra Leone LE 12,000 • South Africa 35 rand (tax incl.) • Spain 4.90 € • Switzerland 9.90 FS • Tanzania 9,000 shillings Tunisia 5.4 DT • Uganda 9,000 shillings • UK £ 4.50 • United States US$ 6.95 • Zambia 30 ZMW • Zimbabwe US$ 4 • CFA Countries 3,000 F CFA

Water

Air

Fire

Earth

Knowledge

THE ESSENTIAL BUSINESS MAGAZINE.

Y MONE A S UPP

K n a EXCLUSIVE INTTERVIEW

• So t A r ca Inside the Zuma system • DRC The Kabila Konundrum

atta President Kenya

“We were rightt”

NEW

LEM

EN T

E TO TH

AFRI

EP CA R

OR T

N °8 0

N ° 8 0 • M AY 2 0 16

w w w.t h e a f r i c a r ep o r t .c o m

Who runs Nigeria?

MuhAMMADu BuhARi LAMIDO SANUSI KEMI ADEOSUN

TB JOSHUA TUKUR YUSUF BURATAI

ADe AyeyeMi

CHIMAMANDA NGOZI ADICHIE NASiR AhMAD el-RufAi

IBRAHIM MAGU

THE POWER LIST ALIKO DANGOTE

AKINWUNMI AMBODE

WOLE SOYINKA

From backroom to front of house, the dealmakers and kingpins controlling Africa’s biggest economy INTERNATIONAL EDITION

GROUPE JEUNE AFRIQUE

Algeria 550 DA • Angola 600 Kwanza • Austria 4.90 € • Belgium 4.90 € • Canada 6.95 CAN$ • Denmark 60 DK • Ethiopia 75 Birr • France 4.90 € • Germany 4.90 € • Ghana 8 GH¢ • Italy 4.90 € • Kenya 410 shillings • Liberia $LD 300 • Morocco 40 DH • Netherlands 4.90 € • Nigeria 600 naira • Norway 60 NK • Portugal 4.90 € • Sierra Leone LE 12,000 • South Africa 40 rand (tax incl.) • Spain 4.90 € • Switzerland 9.90 FS • Tanzania 9,000 shillings Tunisia 5.4 DT • Uganda 9,000 shillings • UK £ 4.50 • United States US$ 6.95 • Zambia 30 ZMW • Zimbabwe US$ 4 • CFA Countries 3,000 F CFA

Staying in touch

Exploring new frontiers

Working anywhere

THE ESSENTIAL REFERENCE TO AFRICAN AFFAIRS.

Doing business in Africa

Published by Groupe Jeune Afrique, The Africa Report has established itself as the international publication of reference dedicated to African affairs. It is the guide used by decision makers to anticipate economic and political changes in Africa and relied upon for the expertise of an independent editorial team in its survey, sector reports and country focus published in each issue. The Africa Report has three times (2012, 2007 and 2006) been awarded best pan African business publication. Its recognized high-quality coverage of the African business environment is combined with the strongest pan African and international circulation.

is d analys y data an al watch, ke through the politic to e pl Peo ead you to guide economic year ah d an

w w w.t hea

fricarepo

r t .co m

54

countr y reports

Double issue

d N° 86 •

A 50 YEAR MEDIA OF REFERENCE

jaNuary r 2 016 ecembe

For half a century, Groupe Jeune Afrique has been the leading economic, political and cultural media group throughout Africa and worldwide thanks to its top-end publications Jeune Afrique (in French) and The Africa Report (in English).

2 017

THE AFRICA REPORT HAS CARVED OUT the africa

A NEW NICHE FOR HIGH-QUALITY,

report

DEDICATED EDITORIAL AND ANALYSIS OF AFRICAN BUSINESS NEWS. Diageo Awards Judging Panel.

THE AFRICA REPORT ALWAYS HAS EXCELLENT POLICY RELEVANT ARTICLES

Africa in

double edit ion • n° 86 • decemb janu er 2016 -

7 1 0 2 GR oU PE

any €5.9 0

• Ghana

RI qU jEUN E AF

DRAWING UPON QUALITY AFRICAN AND EUROPEAN EXPERTISE. Alex Vines - Head, Africa Programme - Chatham House.

E

MONTHLY INSIGHT AND ANALYSIS The Africa Report provides more than 400 000 African and international readers with expert analysis of Africa’s fast-changing political and economic landscape.

With Africa becoming an investment destination of choice, The Africa Report responds to the growing business need for solid analysis of the political situation and assessment of the risks.

Rwanda Focus Stepping out of the neighbours’ shadows

• Nigeria: Can Buhari put out Delta blaze?

• Kenyatta/Ruto: End of the Bromance • Power: Green energy is the real deal

w w w.t h e a f r i c a r e p o r t .c o m

N ° 7 9 • a p r i l 2 016

Growth

After the crash,

the fightback African leaders try economic nationalism to beat the commodity trap GROUPE JEUNE AFRIQUE INTERNATIONAL EDITION

Algeria 550 DA • Angola 600 Kwanza • Austria 4.90 € • Belgium 4.90 € • Canada 6.95 CAN$ • Denmark 60 DK • Ethiopia 75 Birr • France 4.90 € Germany 4.90 € • Ghana 8 GH¢ • Italy 4.90 € • Kenya 410 shillings • Liberia $LD 300 • Morocco 40 DH • Netherlands 4.90 € • Nigeria 600 naira Norway 60 NK • Portugal 4.90 € • Sierra Leone LE 12,000 • South Africa 40 rand (tax incl.) • Spain 4.90 € • Switzerland 9.90 FS • Tanzania 9,000 shillings Tunisia 5.4 DT • Uganda 9,000 shillings • UK £ 4.50 • United States US$ 6.95 • Zambia 30 ZMW • Zimbabwe US$ 4 • CFA Countries 3,000 F CFA

In China

In the UK

In the USA

PAN AFRICAN MAGAZINE, INTERNATIONAL CIRCULATION.

In the World

KEY FACTS & FIGURES •55,000 copies. 10 times a year. The highest circulation of any English-language pan African magazine •400,000 regular readers. Targets African and international decision-makers, senior management and public officials. Circulated in 64 countries.

•The only media to have been awarded Media of the Year three times (Diageo Africa Business Reporting Award in 2012, 2007 and 2006 in London).

•The preferred English-language pan African advertising media (advertising leader in volume and revenues). (source: DIFCOM)

THE MOST CIRCULATED PAN-AFRICAN ANGLOPHONE MAGAZINE MIDDLE EAST & NORTH AFRICA

The Africa Report offers a unique mix of international and African circulation.

2%

While being the best-selling international magazine in most African countries, The Africa Report also targets international investors and government officials directly concerned by Africa.

EAST & CENTRAL AFRICA

REST OF THE WORLD

20%

20%

ONBOARD DISTRIBUTION

9%

SOUTHERN AFRICA

23%

WEST AFRICA

26%

COP22 Morocco blazes a green path

Nigeria Yabacon Valley searches for unicorns

w w w.t heaf r ic arep or t .c om

South Africa Companies go intercontinental

N ° 8 5 • N O V E M B E R 2 016

Elections on the edge Is populism leading us down a dangerous path?

GROUPE JEUNE AFRIQUE

UK/NIGERIA/SA EDITION

Algeria 550 DA • Belgium €5.90 • Canada CA$ 7.95 • DR Congo US$ 9 • Denmark 60 DK • Ethiopia 90 Birr • France €5.90 • Germany €5.90 • Ghana GH¢ 10 • Italy €5.90 • Kenya KES 410 • Morocco 40 DH • Netherlands €5.90 • Nigeria 800 NGN • Norway NK 70 • Portugal €5.90 • Rwanda RWF 6,000 • Sierra Leone LE 15,000 • South Africa R40 (tax incl.) • Spain €5.90 • Sweden SEK 70 • Switzerland 9.90 FS • Tanzania TZS 10,000 • Tunisia 5.4 DT • Uganda UGX 10,000 • UK £4.50 • United States US$ 6.95 • Zambia 40 ZMW • Zimbabwe US$ 4 • CFA Countries 3,500 F CFA • Euro Zone €5.90

Influencing metal

Influencing oceans

Influencing air traffic

REACHING POLICY MAKERS AND BUSINESS ELITE.

Influencing decision makers

N°1 AMONGST INFLUENTIAL, HIGH-INCOME READERS.

•73% of African political decision makers consider The Africa Report indispensable.

•68% of The Africa Report readers make or influence their companies’ investment or recruitment decisions.

64

BUSINESS AFRICA-ASIA

Sharing Asian know-how The two fastest-growing continents need each other for a multitude of reasons – business, geopolitics, demography. Japan is the latest Asian country to move onto the front foot in this relationship, but it is not alone

By Nicholas Norbrook in Tokyo, Rosie Collyer in Nnewi and Jacey Fortin in Addis Ababa i t s u m e i k a n Asia Pacific University (APU) sits on a hill overlooking the spa resort town of Beppu in south-west Japan. Silver-haired tourists simmer happily in steamy bathhouses while students of all stripes walk up steep lanes to reach their classrooms. “In the beginning, people would just stop and stare,” laughs Eugene Wanyama, a Ghanaian who came for his master’s degree and stayed to work at APU. “But the local community has been very supportive”.

R

•65% of The Africa Report readers are upper management.

Opened in 2000, APU is distinct because 50% of its student body is from overseas, compared to 5% in other Japanese universities. “We had to battle the education minister to get our licence,” recalls APU’s dean, Yuichi Kondo. But the maverick is now the model, with many universities trying to internationalise. “Over 450 companies come to visit the campus every year, banging on our doors, saying: ‘Whereareyourstudents?Wewant more!’”Kondosays.Theplacement rate for graduates is 95%, a sign that Japanese corporates prize the

65

COMPANIES & MARKETS

global outlook such a cosmopolitan establishment brings.

Japan needs to open up. Prime Minister Shinzo Abe knows it. In 2013, he explained: “The future of Japan’s economic growth depends on ushaving the willpower and the courage to sail without hesitation onto the rough seas of global competition”. Leading ministers like ShigeruIshibaandTaroKonohave spoken out in favour of increasing immigration levels. The International Monetary Fund says labour shortages are hampering Japan’s growth, which is already anaemic.

SHRINKING GIANT

And whereas in Africa the youth bulges, in Japan, the sun sets. The population is set to fall from 127 million people today to 87 million in2060,bywhichtimenearlyhalfof the population will be over the age of 65. Katsumi Hirano, executive vice-presidentoftheJapanExternal Trade Organization (JETRO), tells The Africa Report: “We must have a more open economy. It’s part of therevitalisationofJapan’ssociety.”

This global turn is in part spurred by criticism of Japan’s role in the international community.

Howevercrudely,Republicancandidate for the White House Donald Trump articulated US gripes over the cost of maintaining the American security umbrella over Japan and sharing the burdens of Middle Eastern wars.

Meanwhile, Japan’s backyard hasnotgotanysafer.TheSenkaku/ Diaoyu Islands dispute is just one of many maritime wrangles with Beijing, which is keen to extend its claimsovertheSouthChinaSea.In February, North Korea launched a long-range missile over a part of Japan, and in January detonated a nuclear device underground for the fourthtime. ●●●

©DANIEL LAFLOR/GETTY IMAGES; JOSE LUIS PELAEZ INC/GETTY IMAGES

•78% of top management and high-income Africans regularly read The Africa Report.

(Source: TAR reader survey)

A MULTI-CHANNEL DISTRIBUTION Mostly sold through newsstand, The Africa Report offers a multi-channel distribution network to secure its target of influential and hard-to-target readership.

On average per issue, newsstand account for 56% of the distribution, Street vendors for 10%, Airlines and Airport lounges for 12% and subscribers for around 7%; we also circulate 5% of our print-run through major events, 6% trough hotels and other selected venues, while 4% is free distribution to VIP decision makers (company MDs and CEOs and government officials).

•55% OF THE AFRICA REPORT READERS DO NOT READ ANY OTHER INTERNATIONAL OR PAN AFRICAN MAGAZINE. (Source: TAR reader survey)

A GHANA

The NPP A-team

w w w.t hea f r ic arep o r t .c om

South Africa The money wars

Youth The Millennial ultimatum

N ° 8 4 • O C T O B E R 2 0 16

14-PAGE SPECIAL

Nigeria

How to survive cheap oil

A guide for governments, companies and banks who want to avoid the drop

INTERNATIONAL EDITION

GROUPE JEUNE AFRIQUE

Algeria 550 DA • Belgium €5.90 • Canada CA$ 7.95 • DR Congo US$ 9 • Denmark 60 DK • Ethiopia 90 Birr • Finland €5.90 • France €5.90 • Germany €5.90 • Ghana GH¢ 10 • Italy €5.90 • Kenya KES 410 • Morocco 40 DH • Netherlands €5.90 • Nigeria 800 NGN • Norway NK 70 • Portugal €5.90 • Rwanda RWF 6,000 • Sierra Leone LE 15,000 • South Africa R40 (tax incl.) • Spain €5.90 • Sweden SEK 70 • Switzerland 9.90 FS • Tanzania TZS 10,000 • Tunisia 5.4 DT • Uganda UGX 10,000 • UK £4.50 • United States US$ 6.95 • Zambia 40 ZMW • Zimbabwe US$ 4 • CFA Countries 3 500 F CFA • Euro Zone €5 90

Priceless objects

Priceless art

Priceless talent

ESSENTIAL READING, EXCELLENCE AND EXPERTISE.

Priceless information

UNMATCHED INTELLIGENCE, RIVETING READING. 59

OUTLOOK is a supplement to THE AFRICA REPORT N°78

COUNTRY FOCUS

OUTLOOK |

FINANCE

|

PEOPLE

|

INVESTMENT

|

TELECOMS

|

Nigeria

ENERGY

COUNTRY FOCUS NEXT24ONLINE/NURPHOTO/AFP

INFRASTRUCTURE

In every issue of The Africa Report, the central section of the magazine is dedicated to a specific

NEWS OF CIVIL SERVICE DOWNSIZING CAME SHORTLY BEFORE MAY PROTESTS AGAINST THE FUEL HIKE IN ABUJA

STAND AND DELIVER

Kenya FACUNDO ARRIZABALAGA/MAXPPP

Linking Asian investors with African markets

After President Muhammadu Buhari halved the number of ministries and sacked several permanent secretaries, he told civil servants that he was determined to reform the bureaucracy and stamp out corruption

By Charles Idem in Abuja and Patrick Smith

THE AFRIC A REPORT

●

FINANCE SPECIAL

●

country, close-ups of performance and prospects in a high-growth African market.

F

ulfilling the grand hopes for prosperity and security that greeted Muhammadu Buhari’s accession to the presidency last yearwillrestas muchonhisabilityto galvanise the civil service as on hightable political deals with the bumptious national assembly and 36 state governors.

The grim landscape of crashing oil prices and approaching recession has made the government all the more dependent on effective public administrators to eke out scarce state resources.

From the start, Buhari warned his officials that he would insist that the ● ● ●

S E P T E M B E R 2 0 16

Not to be sold separately

MONEY A S U P P L E ME N T TO TH E A F R IC A R E P O R T N ° 80

OUTLOOK is a supplement to THE AFRICA REPORT N°70

GHANA SPECIAL

OUTLOOK Ecowas at 40 DIPLOMACY

|

I N T E G R AT I O N

|

15 C O U N T R Y P R O F I L E S

|

R ANKINGS

|

SUPPLEMENTS - OUTLOOK & MONEY

GHANA SPECIAL

The Africa Report has expanded its range of special issues and supplements. These include the

THE PROMISE OF A

NEW WEST

MONEY supplement, that provides readers with an insight into Africa’s Finance environment.

PAULO NOVAIS/EPA/MAXPPP

We also produce OUTLOOK supplements that highlight regional business trends.

Not to be sold separately Not to be sold separately

DOSSIER

81

INFRASTRUCTURE

Mozambique’s gas infrastructure and wider economy will be forever changed after huge investments both upstream and downstream. Can its government handle the challenge of resource riches?

Gas-fired development IS Murderous utopia comes to Africa

• Nigeria The Buhari gamble • South Africa Asleep at the wheel • Tanzania 100 days of rectitude

A brighter future for Mozambique lies offshore

By Douglas Mason in Maputo ozambique’s future as a significant energy exporter is closer to being assured following agreement on fiscal and operational terms for $40bn in foreign direct investment (FDI) to develop liquefied natural gas (LNG) facilities. Two consortiums led by Anadarko of the US and Eni of Italy wish to develop the reserves in the offshore Rovuma Basin. Approval of the special regime by the Mozambique authorities in December established investment conditions, most importantly stability provisions preventing terms from being changed for 30 years, although the fiscal terms can be renegotiated after 10 years.

Recoverable gas reserves for Area 1 and Area 4 of the offshore Rovuma Basin, held by Anadarko’s and Eni’s consortiums, stand at 120 trillion cubic feet, according to energy analysts. Companies say that the upside for additional discoveries is considerable, making the Rovuma Basin one of the largest new global gas regions.

Development of the gas fields will lead to the construction of a major industrial complex at Palma, in Mozambique’s remote northern province of Cabo Delgado, which will become an energy hub. The consortiums are planning two LNG facilities or trains each, with Eni proposing both onshore facilities and a floating LNG plant. Both groups are in the final stages of concluding engineering, procurement and construction contracts.

The agreement on terms removes a major source of uncertainty at a time when concerns over market timing, falling energy prices and Mozambique’s difficult operating conditions are in danger of stalling its energy boom. The window for Mozambique to develop LNG capacity and begin fulfilling export contracts is narrow and must begin by the early 2020s before a large increase in LNG output from other projects in Asia, Australia and North America creates a possible global oversupply. Officially, the date for

M

CURRAHEE SHUTTER/FOTOLIA

80

AFRICAN TOP 200 BANKS EXCLUSIVE RANKING

the first LNG production is 2018 for Anadarko and 2019 for Eni, although there is scepticism about whether these dates will be met.

Mozambique is trying to lock in investment as the downside of the commodity cycle leads investors to pull back from energy exploration and development in high-risk and frontier areas, particularly Africa.

Already, companies have concerns about Mozambique’s regulatory regime, political economy and operational risks. These worries relate to aspects of the country’s petroleum law, passed in August 2014, which reserve 25% of production for the domestic market to promote industrial development. In addition, local content requirements inserted at the insistence of parliamentarians of the governing Frente de Libertação de Moçambique (FRELIMO) party require that some goods and services be provided exclusively by Mozambican nationals. These provisions may lead to rent-seeking, elite capture and inefficiency, as few local companies are capable of meeting the needs of such large projects.

OPAQUE DEAL

Controversy has already arisen over the Pemba Integrated Logistics Centre, which granted monopoly rights for supplying the hydrocarbon sector without public tender to an opaque Nigerian-Italian company, Orlean Invest. The Mozambique branch of the transparency watchdog Centre for Public Integrity brought attention to the deal in 2014, and foreign companies have complained that lack of disclosure over Orlean’s beneficial ownership has created compliance problems for firms with anti-corruption policies.

The government has also watered down transparency provisions that made it mandatory for all contracts to be published.

The era of resource wealth that beckons could be transformational for Mozambique, the thirteenth poorestcountryintheworld interms of per capita gross domestic product (GDP) in 2013, according to the International Monetary Fund. Gas

Nigeria Repairing the engine

Financial inclusion Banking on women

w w w.t hea f r ic arep or t .c om

COMPANIES

2016 EDITION EXCLUSIVE RANKING

How to thrive in 2016 • Market share up for grabs in great shake-out • Oil companies double down on costs • Cash injection into telecoms infrastructure

and success stories.

ANNUAL FLAGSHIP FEATURES & RANKINGS Thanks to Groupe Jeune Afrique’s 15-years publication of exclusive annual rankings and

New competitors, new technologies and new customers will make or break Africa’s banks

surveys, The Africa Report publishes the “TOP 500 African Companies” and “TOP 200

The banker of tomorrow

African Banks” ranking as well as “Africa Survey”, a forecast of political and economic development

INTERNATIONAL EDITION

GROUPE JEUNE AFRIQUE INTERNATIONAL EDITION

Algeria 550 DA • Angola 600 Kwanza • Austria 4.90 € • Belgium 4.90 € • Canada 6.95 CAN$ • Denmark 60 DK • Ethiopia 75 Birr • France 4.90 € Germany 4.90 € • Ghana 7 GH¢ • Italy 4.90 € • Kenya 410 shillings • Liberia $LD 300 • Morocco 40 DH • Netherlands 4.90 € • Nigeria 600 naira Norway 60 NK • Portugal 4.90 € • Sierra Leone LE 12,000 • South Africa 35 rand (tax incl.) • Spain 4.90 € • Switzerland 9.90 FS • Tanzania 9,000 shillings Tunisia 5.4 DT • Uganda 9,000 shillings • UK £ 4.50 • United States US$ 6.95 • Zambia 30 ZMW • Zimbabwe US$ 4 • CFA Countries 3,000 F CFA

Also, in every issue, an in-depth portrait of one of the continent’s essential industries, its key players

N ° T S I 0 6 • S E P T E M B E R 2 0 16

N ° 7 7 • f e b r u a r y 2 016

w w w.t h e a f r i c a r ep o r t .c o m

DOSSIERS

Algeria 550 DA • Angola 600 Kwanza • Austria 4.90 € • Belgium 4.90 € • Canada 6.95 CAN$ • Denmark 60 DK • Ethiopia 75 Birr • France 4.90 € • Germany 4.90 € • Ghana 8 GH¢ • Italy 4.90 € • Kenya 410 shillings • Liberia $LD 300 • Morocco 40 DH • Netherlands 4.90 € • Nigeria 800 naira • Norway 60 NK • Portugal 4.90 € • Sierra Leone LE 12,000 • South Africa 40 rand (tax incl.) • Spain 4.90 € • Switzerland 9.90 FS • Tanzania 9,000 shillings • Tunisia 5.4 DT • Uganda 9,000 shillings • UK £ 4.50 • United States US$ 6.95 • Zambia 30 ZMW • Zimbabwe US$ 4 • CFA Countries 3,000 F CFA

GROUPE JEUNE AFRIQUE

in all 54 countries.

Must-reads for anyone who takes the future of Africa seriously.

CONTENTS BRIEFING INTERNATIONAL PEOPLE AGENDA FRONTLINE POLITICS COUNTRY FOCUS INTERVIEW BUSINESS COMPANY NEWS MARKETS DOSSIER ART & LIFE LIFESTYLE

THE AFRICA REPORT BRAND

MONTHLY MAGAZINE OIL & GAS New power generation

South Africa Tailor-made growth

w.t h e a f r i c a r ep o r t .c o m

Nigeria Sanusi’s revival plan

N ° 81 • J u N e 2 0 16

TABLET & MOBILE APP.

ONLINE

+

+

SOCIAL MEDIA

NEWSLETTER

+

+

EVENTS

+

debates Tough talk on development

Innovative Africa Leapfrogging the obstacles, a new wave of entrepreneurs is spurring growth

NTERNATIONAL EDITION

GROUPE JEUNE AFRIQUE

Algeria 550 DA • Angola 600 Kwanza • Austria 4.90 € • Belgium 4.90 € • Canada 6.95 CAN$ • Denmark 60 DK • Ethiopia 75 Birr • France 4.90 € • Germany 4.90 € • Ghana 8 GH¢ • Italy 4.90 € • Kenya 410 shillings • Liberia $LD 300 • Morocco 40 DH • Netherlands 4.90 € • Nigeria 600 naira • Norway 60 NK • Portugal 4.90 € • Sierra Leone LE 12,000 • South Africa 40 rand (tax incl.) • Spain 4.90 € • Switzerland 9.90 FS • Tanzania 9,000 shillings Tunisia 5.4 DT • Uganda 9,000 shillings • UK £ 4.50 • United States US$ 6.95 • Zambia 30 ZMW • Zimbabwe US$ 4 • CFA Countries 3,000 F CFA

ESSENTIAL FOR YOUR BUSINESS. OUR RANGE OF ADVERTISING OPPORTUNITIES. CORPORATE ADVERTISING

CUSTOMISED COMMUNICATION

CLASSIFIED ADVERTISING

From international brands to local African companies, more than

As a recognised publisher, Groupe Jeune Afrique uses its expertise to

Thanks to its quality targeted audience, The Africa Report has

250 corporations reach their target markets via The Africa Report.

offer complete communication solutions, from concept to printing of

established itself as the pan African and international reference for the

Essential to your pan African media plan, our editorial sector dossiers

brochures, promotional & sponsored sections, personalised products

publication of calls for tender, recruitment, education and vacancy

and country reports are 100% produced by our editorial team and

and guides.

advertisements.

are highly targeted communication opportunities.

The Africa Report is published by Groupe Jeune Afrique www.theafricareport.com - www.jeuneafrique.com COMMUNICATION & ADVERTISING: DIFCOM 57 bis rue d’Auteuil, 75016 Paris, France Phone: +33 1 46 47 25 44 - +33 1 44 30 19 60 - Fax: + 33 1 46 47 81 32 - advertising@theafricareport.com