Africa Outlook - Issue 37

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W E L C O M E Cashing in on Kenya There have always been four traditional gateways to African business, with South Africa the official gatekeeper to the south, and Egypt, Nigeria and Kenya acting as a front door to opportunities for foreign direct investment in the north, west and east respectively. Numerous dynamic shifts, political acrimony, economic fluctuations and sector downturns have culminated in the latter fast becoming the most attractive of all though. With immediate connections to the ever-expanding Middle Eastern influence, and societal challenges on the right side of stable, Kenya is fast becoming the go-to country for international businesses seeking an opening African gambit, and we have profiled two beneficiaries of the trend this month. AMS Properties is thriving within arguably the strongest sector in the country at present, leveraging the construction boom to extend its luxury real estate offering to the hospitality industry via a new partnership with globally-renowned Carlson Rezidor. Keeping a close eye on not just construction but all industry sectors is Alexander Forbes Kenya, once again capitalising on international influences to embed itself in what promises to be a prosperous indigenous market in the years to come. While the likes of Nigeria and South Africa - still officially the two strongest economies on the continent - have struggled in comparison to Kenya over the past 18 months, this is certainly not to say that there aren’t success stories to be found, and Nigerdock and Tantalizers from the former, and Kargo National and Efficient Engineering from the latter epitomise this notion to round up our company showcase assortment. The challenges are addressed too though, and in discussing South Africa’s social issues at present, REDISA’s CEO, Hermann Erdmann pays special mention to the idea of a circular economy model as a way of tackling the current, and increasingly critical, water shortage. On a more widespread scale, we also speak with Harald Nusser, Global Head of Novartis Access about the pharmaceutical heavyweight’s incentive to aid the affordability and availability of medicines on the continent. Finally, Emily Jarvis interviews Roddy Barclay of africapractice, and James Douglas, Francis Iyayi and Rinku Bhadoria of King & Wood Mallesons about the roles of PPPs and FDIs in adapting to Matthew Staff Africa’s changing investment landscape. Editorial Director, WWW.AFRIC AOUTLOOKMAG.COM

Kenya’s award-winning real estate developer, AMS Properties adds new luxury to its property portfolio

AFRICA’S INVESTMENT

LANDSCAPE 12 Weighing up the risks and benefits of PPPs and FDI structures

AFRICA OUTLOOK ISSUE 37

Outlook Publishing

CLOSING THE LOOP ON THE

WATER CYCLE 16 REDISA addresses the harsh reality of South Africa’s water shortage

ALEXANDER FORBES

KENYA 42 Creating wealth and protecting clients

NIGERDOCK 66 Driving continuous improvement through world-class training and safety procedures

FEATURING: EFFICIENT ENGINEERING | MOZRE | INFRASTRUCTURE AFRICA

EDITORIAL Editorial Director: Matthew Staff matthew.staff@outlookpublishing.com Deputy Editor: Emily Jarvis emily.jarvis@outlookpublishing.com

PRODUCTION Production Manager: Daniel George daniel.george@outlookpublishing.com Art Director: Stephen Giles steve.giles@outlookpublishing.com Advert Designer: Mandy Farnell mandy.farnell@outlookpublishing.com Images: Thinkstock by Getty Images

BUSINESS Sales Director: Nick Norris nick.norris@outlookpublishing.com Operations Director: James Mitchell james.mitchell@outlookpublishing.com Sales Managers: Eddie Clinton eddie.clinton@outlookpublishing.com Tom Cullum tom.cullum@outlookpublishing.com Heads of Projects: Arron Rampling arron.rampling@outlookpublishing.com Donovan Smith donovan.smith@outlookpublishing.com Project Managers: Callum Philp callum.philp@outlookpublishing.com Callam Waller callam.waller@outlookpublishing.com Sammy Wilkinson sammy.wilkinson@outlookpublishing.com Stuart Parker stuart.parker@outlookpublishing.com

ADMINISTRATION Finance Director: Suzanne Welsh suzanne.welsh@outlookpublishing.com Admin Assistant: Sophia Curran sophia.curran@outlookpublishing.com Office Manager: Katie Park katie.park@outlookpublishing.com WEB DESIGN: Hamit Saka IT: James Le-May

OUTLOOK PUBLISHING Managing Director: Ben Weaver ben.weaver@outlookpublishing.com Chairman: Mark Weaver CONTACT Outlook Publishing Ltd Woburn House, 84 St Benedicts Street, Norwich, Norfolk, NR2 4AB, United Kingdom Sales: +44 (0) 1603 959 652 Editorial: +44 (0) 1603 959 655 SUBSCRIPTIONS Tel: +44 (0)1603 959 655 Email: matthew.staff@outlookpublishing.com

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